The Global Waste to Energy Market is Projected to Reach $50.1 Billion by 2027 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Waste to Energy Market” report has been added to ResearchAndMarkets.com’s offering.
The global waste to energy market was valued at $35.1 billion in 2019, and is projected to reach $50.1 billion by 2027, growing at a CAGR of 4.6% from 2020 to 2027.
The waste to energy production technologies elaborates as the production of energy from waste material. This energy is considered as pure as well as renewable and the waste to energy production technologies is proposed to serve the municipal corporation in minimizing the waste and the emission from the waste.
Impact of the COVID-19
The outbreak of pandemic has disturbed the worldwide economy by halting the operations of main industries like recycling waste industries and energy generating industries. The industries are being kept shut or functioned under restricted environments like less employees and working times, So The COVID-19 resulted in shortage of labor and raw materials in the industry.
Regional Analysis
The quantity of waste collected throughout the world is a worry of the world population leading to global warming at a shocking rate. Therefore, making Waste to Energy is an essential industry in today’s world.
Currently, Europe is the key player in the waste to energy market. Other regions like Asia-Pacific, North America, and Latin America are providing many market opportunities to main players. Asia-Pacific is expected to be the fastest increasing region in the waste to energy market.
Key Players
Key players in Waste to Energy Market are:
- Suez
- Hitachi Zosen Inova AG
- China Everbright International Limited
- Covanta
- Waste Management Inc.
- Veolia
- Mitsubishi Heavy Industries Ltd
- Xcel Energy Inc.
- Ramboll Group A/S
- Babcock & Wilcox Enterprises Inc
Market Taxonomy
By Technologies
- Thermal WTE Technology
- Biological WTE Technology
- Physical WTE Technology
By Waste Type
- Municipal Waste
- Process Waste
- Medical Waste
- Agriculture Waste
- Other Wastes
By Application
- Electricity
- Heat
- Combined Heat & Power Units
- Transport Fuels
- Other applications
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
For more information about this report visit https://www.researchandmarkets.com/r/rf34ez
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