(MENAFN- America News Hour)
A market report has recently been added into the repository of market research reports of Kenneth Research. The report, which is calculated for the forecast period 2022-2025, provides an in-depth analysis on the opportunities, latest trends, challenges and the growth drivers that are associated with the growth of the market. The market is anticipated to grow with a CAGR of XX.X% during the forecast period and further attain a revenue of Billion USD by the end of 2030. The market is thriving on account of the growing trade on fuel worldwide, backed by the rising demand for energy from the end-users.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical/Energy industries, creating a huge demand for products.
Get a Sample Copy of this Report with Graphs and Charts:
It is also anticipated to grow on account of the growing demand for alternative renewable energy sources, backed by the growing concern for pollution worldwide emitted from burning conventional fuel sources. Total electricity capacity from renewable energy sources around the world increased from around 750,000MW in 2000 to about 2,500,000MW in 2019. Additionally, electricity from hydropower energy, wind, solar, and bioenergy, grew from around 780000MW, 16000MW, 1200MW, and 29000MW in 2000 to 1300000MW, 620000MW, 580000MW, and 120000MW in 2019 respectively.
Global Waste To Energy Market valued approximately USD 28 billion in 2017 is anticipated to grow with a healthy growth rate of more than 5.10 % over the forecast period 2018-2025. Waste to energy involves processing municipal solid waste into heat, electricity, and refuse derived fuel . The concept has superseded the 'garbage in – garbage out' practice by facilitating efficient garbage management while simultaneously providing clean energy and deriving dollars out of waste. The waste to energy market is expected to witness significant growth over the forecast period. Increasing demand for renewable sources is anticipated to propel the global waste to energy market over the forecast period. A shift in focus towards substitutes such as coal with renewable resources to reduce carbon content is also projected to play a vital role in shaping the industry. Increasing domestic and industrial waste has prompted governments across various regions to promote energy generation from waste. Favorable government regulations in the form of tax benefits and financial incentives have had a positive influence on the growth. Growing environmental concerns for the use of non-renewable resources is expected to further complement the growth.
The regional analysis of Global Waste To Energy Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe market led the global industry in 2017, The region is projected to grow at a CAGR of around 6% over the forecast period. Stringent regulations to minimize the industrial waste is expected to boost the growth in the region. Countries such as Germany, Austria and Netherlands have adopted WTE technologies to utilize industrial waste. Asia Pacific is projected to account for the second largest share of the market. China and India carry a huge potential for growth owing to increasing industrial and residential waste. Rapid industrialization coupled with growing importance for renewable energy generation is expected to drive the regional growth over the forecast period.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
For more information about this report visit:
The detailed segments and sub-segment of the market are explained below:
By Technology:
 Thermal
 Biological
By Regions:
 North America
o U.S.
o Canada
 Europe
o UK
o Germany
 Asia Pacific
o China
o India
o Japan
 Latin America
o Brazil
o Mexico
 Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include Abu Dhabi National Energy Company PJSC, Waste Management Inc., Covanta Energy Corp, C&G Environmental Protection Holdings Ltd, Foster Wheeler A.G, Constructions Industrielles de la Mediterranee, China Everbright International Ltd., Veolia Environment S.A., Babcock & Wilcox Enterprises, Inc, Xcel Energy Inc.and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Waste To Energy Market in Market Study:
 Key Consulting Companies & Advisors
 Large, medium-sized, and small enterprises
 Venture capitalists
 Value-Added Resellers (VARs)
 Third-party knowledge providers
 Investment bankers
 Investors
Enquire before purchasing this report –
About Kenneth Research
Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defense, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.
MENAFN16022022004545010068ID1103708409
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.