Press Releases

The global waste-to-energy market was USD 34.50 billion in 2022 and is expected reach USD 48.60 billion by 2030 with a CAGR of 4.63% during the forecast period, i.e., 2023-2030. Waste-to-energy (WtE) involves converting various types of waste into energy, typically through combustion or biological processes. This approach addresses both waste management and energy production challenges. The demand for WtE is driven by the need for sustainable waste disposal solutions, reducing landfill usage, and generating renewable energy. As countries strive to meet renewable energy targets and mitigate environmental impacts, WtE offers a dual benefit of waste reduction and clean energy production; however, several major challenges hinder the growth of the global WtE market. Economic viability is a significant concern, as the initial investment and operating costs of WtE facilities can be high. Public resistance, regulatory complexities, and the potential for harmful emissions during the incineration process also pose challenges. Striking a balance between environmental benefits, social acceptance, and economic feasibility remains essential for the sustainable growth of the global WtE market.

In November 2023, Antony Waste Handling Cell Ltd (AWHCL) announced that it has commenced commercial power sales from its newly operational waste-to-energy plant. Initially supplying 8 MW to Pimpri Chinchwad Municipal Corporation (PCMC), AWHCL plans to incrementally increase power supply to reach 11.76 MW by the financial year-end. Successful trial runs, conducted with technical partners, involved testing equipment performance under varying loads (8 MW to 14 MW) using mixed municipal solid waste collected within PCMC as feedstock, enabling the commencement of commercial power sales.

Browse 75 market data Tables and 45 Figures spread through 226 Pages and in-depth TOC on "Waste-to-Energy Market, by Technology (Alkaline Electrolysis, Proton Exchange Membrane Electrolysis, Solid Oxide Electrolysis, and Anion Exchange Membrane Electrolysis), by End-Use Industry (Transportation, Fertilizer, Power Generation, and Other End-Use Industry), and by Region (North America, Europe, Asia-Pacific, Middle East and Africa, and South America) - Global Forecast to 2030

By technology, thermal energy dominates the global waste-to-energy market.

Based on the technology, the global waste-to-energy market is segmented into thermal and biological. In 2022, thermal technology dominated the global waste-to-energy market due to its efficiency in converting waste into energy through combustion or gasification. Incineration facilities, such as the Spittelau Waste Incineration Plant in Austria and the Onondaga County Resource Recovery Facility in the United States, showcase the prevalence of thermal methods. The technology's proven track record in large-scale energy production, coupled with advancements ensuring emissions compliance, positions thermal processes as a leading choice for waste-to-energy solutions globally.

“The Asia-Pacific is expected to register the fastest CAGR during the forecast period in the global waste-to-energy market.”

Asia-Pacific leads the global waste-to-energy market due to rapid urbanization, increasing waste generation, and a focus on sustainable development. Countries like China and Japan lead in adopting waste-to-energy technologies. For instance, China's Waste-to-Energy Plants in cities like Shenzhen and Beijing illustrate the region's commitment. Rising energy demands, coupled with stringent environmental regulations, drive Asia-Pacific's prominence in waste-to-energy initiatives, reflecting a strategic response to both waste management challenges and the pursuit of clean energy solutions in the region.

Some of the major players in the global waste-to-energy market include Covanta, China Everbright International, Veolia, Hitachi Zosen Inova, Babcock & Wilcox, Wheelabrator Technologies, Keppel Seghers, Suez, Mitsubishi Heavy Industries Environmental & Chemical Engineering, Martin GmbH, Sumitomo Heavy Industries, Constructions Industrielles de la Méditerranée (CNIM), Novo Energy, Xcel Energy, Viridor, Waste Management, Green Conversion Systems, Abu Dhabi National Energy Company (TAQA), Guangzhou Energy, and C&G Environmental Protection Holdings.

Global Waste-to-Energy Market Coverage (By Value)

• Technology Insight and Forecast 2018-2030

• Thermal

• Biological

• Waste Type Industry Process Insight and Forecast 2018-2030

• Municipal solid waste

• Agriculture waste

• Industrial waste

• Others

Geographical Segmentation

Global Waste-to-Energy Market by Region

• North America

• By Technology

• By Waste Type

• By Country – U.S., Canada, and Mexico

• Europe

• By Technology

• By Waste Type

• By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

• Asia-Pacific (APAC)

• By Technology

• By Waste Type

• By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

• South America

• By Technology

• By Waste Type

• By Country – Argentina, Brazil, Chile, and Rest of South America

• Middle East and Africa

• By Technology

• By Waste Type

• By Country – Saudi Arabia, U.A.E, South Africa, and Rest of Middle East and Africa