PRESS RELEASE
Published July 4, 2023
Exclusive Report by Quince Market Insights: Waste to Energy Market Size Projected to Reach USD 35.50 Billion by 2030, growing at a 4.8%. The historic year considered is 2020 and the base year considered for the study is 2021, the estimated year is 2023 and the forecast has been provided for the period, 2023 to 2032.
Quince Market Insights’ latest research study on “Waste to Energy Market” includes 100+ chapters of data on business strategy adopted by developing industry players, geographical scope, market segments, product landscape and pricing, and cost structure. It also aids in market segmentation based on the industry’s most recent and prospective trends, topographical markets, and major progress from both market and technology-aligned views. Each component of the Waste to Energy Market industry research study has been meticulously developed to investigate significant market dynamics.
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To introduce the market, this Waste to Energy market research report first gives an overview of its definitions, applications, product releases, advancements, challenges, and geographic locations. Forecasts indicate on how the industry will demonstrate high growth due to increased demand in many markets. The Waste to Energy research offers an overview of the market designs that are now available as well as other fundamental characteristics.
Key Players Mentioned in the Global Waste to Energy Research Report:
The Competitive Scenario presents a prospective study of the various business expansion strategies used by competitors. While keeping businesses up to date and engaged stakeholders in the economic dialogue. The report includes press releases or news from companies classed as Merger & Acquisition, Agreement, Collaboration, and Partnership, New Product Launch and Enhancement, Investment & Funding, and Award, Recognition, and Expansion. Using the information acquired from all news sources, the vendor can evaluate market insufficiencies as well as the strengths and weaknesses of competitors, which they can then use to improve their products and services.
Waste Management Inc., Suez Environment S.A., C&G Environmental Protection Holdings, Constructions industrielles de la Méditerranée (CNIM), Babcock & Wilcox Enterprises, Inc., China Everbright International Limited, Covanta Energy Corporation, Abu Dhabi National Energy Company PJSC, Foster Wheeler A.G., and Veolia Environment. The other players in the global waste to energy market include Ener-G Plc, Highmark Renewable, and EcoCorp.
Growth Factor of Waste to Energy:
The increasing industrialization and urbanization, accompanied by economic growth, results in waste generation, environmental threats, and carbon dioxide (CO2) emissions. The commercial and residential waste era has also increased significantly, with global changes in people’s life patterns. Waste to energy has a role to play in achieving the transformation to a sustainable energy ecosystem acting as an energy source to reduce greenhouse gas (GHG) emissions, a clean demand response option, a design consideration of eco-industrial parks, and sometimes the only option for end-of-life waste treatment. Additionally, the continuously rising demand for energy globally due to the increasing population and rapid industrialization and urbanization is one of the critical drivers of the global market. For example, per the Asian development bank WtE circular research report, the amount of waste produced from municipal waste is projected to reach 3.4 billion tons by 2050 due to economic development, population growth, and urbanization.
Recent Development of Waste to Energy:
- June 2022 – AVR decided to explore the possibility of locally managing its hazardous flue gas cleaning residues by partnering with Swedish company HaloSep AB. The HaloSep operation is a distinct solution that turns hazardous waste into harmless and helpful snatches. Choosing HaloSep’s solution would make AVR in Rotterdam more circular by recovering material resources and reducing the plant’s environmental footprint.
- June 2022 – Veolia tendered the sales of Suez’s U.K. waste business segment and continues to build the global pioneer of ecological transformation. The project focuses on ecological change by bringing together Veolia and most of Suez’s international activities. The merger has already proved to help add new skills, technologies, and regions. Additionally, it will speed up the execution of the strategic program Impact 2023, strengthen Veolia’s international presence, and increase invocation capacity.
- April 2022 – Veolia announced that it would initiate two new projects for developing local, sustainable, and low-carbon energy sources. In Finland, the company is launching the world’s largest bio refinery project producing CO2-neutral bio-methanol from the pulp manufacturing process. Secondly, the Group is partnering with Waga Energy to commission the largest biomethane production unit to recover biogas from a non-hazardous landfill in France.
Regions included in the report Waste to Energy:
➲ North America (U.S., Canada, Mexico)
➲ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands, and Rest of Europe)
➲ South America (Colombia, Brazil, Argentina, Rest of South America)
➲ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
➲ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Segmentation: Global Waste to Energy
By Technology [Thermal (Incineration, Pyrolysis, and Gasification), Biological]
(We offer customized or added segmentation or sub segmentation other than the one mentioned above to suit your interest)
Some of the important section covered in this Report are:
GTM strategy
Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer)
Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, QMI quadrant, and other significant analysis, as well as development status
Recent market developments and it’s futuristic growth opportunities.
Customized regional/country reports as per request
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Research Methodology:
Quince market insights (QMI) follow a stringent research methodology, custom designed as per market dynamics and product life cycle. Some of these methodologies include supply-based analysis, demand-based analysis and so on. Some of these processes are mentioned below.
➱ SUPPLY BASED ANALYSIS:
Supply-based analysis is used to forecast market supply based on market participants’ production capacities. This strategy is commonly utilised in established markets with stable demand over a long period of time. For product availability, the market supply is always assumed to be greater than the market demand.
➱ DEMAND BASED ANALYSIS:
Demand-based analysis is carried out by assessing market demand from end-use industry segments over a historical timeframe. Depending on the end-product and the search for alternatives, demand may be cyclical.
➱ GLOBAL LEVEL ANALYSIS:
To comprehend the scale of the market, global level analysis is the analysis of global level data pertaining to associated markets, activities, trade & tariff, and so forth. To provide a top-down analysis, this is comparable to comprehending the parent market.3
➱ COUNTRY LEVEL ANALYSIS:
Country-level analysis provides insight into the dynamics of a certain market at the country level. To provide a specialist approach to the market, country-level data is explored. This information contributes to the bottom-up analysis for the data collection activity.
➱ TRIANGULATION:
All the data gathered from the preceding steps is compiled for triangulation purposes. Triangulation is an important technique in evaluating data from several secondary sources using various approaches. Primary interviews are used to validate the triangulated data by industry professionals and subject matter experts.
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