Report Scope:
This report will cover the WTE industry. Definitive and detailed estimates and forecasts of the global market are provided, followed by a detailed analysis of the technology, waste type end uses and regions. Ongoing market trends, growth drivers and challenges impeding the market are discussed. The report will analyze the global thermal and biological WTE markets by technology and geography. It will also focus on the regulations and government-supported programs impacting this market. Regionally, the focus of study will be the markets of North America, Europe, Asia-Pacific and the Rest of the World (ROW).
Using 2022 as the base year, the report provides estimated market data for the forecast period from 2023 to 2028. The market size for different regions (regions by technology) will also be covered. The impact of COVID-19 was also considered when deriving market estimations. Sales value estimates are based on prices in the supply chain. Market-driving forces and industry structure are examined. International aspects are analyzed for all global regions.
In 2020, the growth rate of global manufacturing industries was severely affected by the COVID-19 pandemic. The pandemic halted progress in every regional economy. Governments took measures to contain the economic slowdown.
Report Includes:
- 43 data tables and 23 additional tables
- An up-to-date overview and industry analysis of the global markets for thermal and biological waste-to-energy (WTE) processes and technologies
- Analyses of the global market trends, with historic market revenue data (sales figures) for 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
- Estimation of the actual market size and revenue forecast for the global waste-to-energy market in USD million terms, and corresponding market share analysis by technology type, application, end-user, and region
- Highlights of emerging technology trends, opportunities and gaps in the market estimating current and future demand for thermal and biological WTE technologies, and identification of major regions and countries involved market developments
- In-depth information (facts and figures) concerning the major factors influencing the progress of the market (benefits, and industry-specific challenges) with respect to specific growth trends, upcoming technologies, future prospects, and contributions to the overall market
- A comparative study of Porter's Five Forces analysis and PESTLE analysis considering both micro- and macro- environmental factors prevailing in the global market for thermal and biological waste-to-energy technologies
- Review of the legislative and environmental regulatory issues and concerns currently focused on integrated waste management approaches as a basis for projecting demand in the next few years
- Insight into the recent industry structure, competitive aspects of each product segment, increasing investment on R&D activities to develop low-cost WTE technologies, market development strategies, and company value share analysis
- Review of key patent grants and significant allotments of recent patents across each major category
- Company profiles of major players within the industry, including Andritz AG, Mitsubishi Heavy Industries Ltd., Veolia Environnement SA, Waste Management Inc., and Xcel Energy Inc.
Summary:
The global WTE market totaled $REDACTED in 2022 and $REDACTED billion in 2023. Growing at a CAGR of REDACTED%, the market is expected to reach $REDACTED billion in 2028. WTE is a vital part of a strong and sustainable waste management chain. Fully complementary to recycling, it is an economically and ecologically sound way to provide a renewable source for energy while diverting waste from landfills. WTE is one of the most robust and effective alternative energy options to reduce carbon dioxide (CO2) emissions and replace fossil fuels. Approximately two-thirds of household waste is categorized as "biomass." Therefore, one can recover two-thirds as CO2-neutral energy and reduce dependence on fossil fuels.
Key drivers of the growth of the global waste-to-energy market over the forecast period are the strong shift in trend toward energy security and decreasing landfill space. Other key market trends include extensive presence of government initiatives aimed at promoting WTE as an alternative form of energy and the presence of large untapped opportunities in the emerging markets of the Asia-Pacific region and Latin America. Other established renewable energy sources, such as solar, wind and hydro, are expected to present a competitive challenge for WTE in terms of technology and economics, and they may act to restrain WTE from penetrating the renewable energy market. The high upfront costs associated with the establishment of WTE plants are also expected to remain a hurdle for market participants during the forecast period.
WTE is gaining status as an important component of integrated waste management strategies in which it plays the role of an alternative strategy to relieve the pressure on landfills. The added benefit of WTE over other waste management strategies is the potential for the extraction of energy. A major portion of this energy is used by the plant itself for its internal energy requirements; the remainder is supplied to the community.
Thermal technologies have emerged as the leading technologies used for generating energy from waste. Thermal technologies are further segregated into conventional thermal technologies and alternative thermal technologies. Thermal is the oldest and most-trusted technology used for generating energy from waste, but the high cost associated with its installation and its emission of harmful gases during incineration are expected to hinder the market growth over the forecast period.
Biological treatment is expected to be the fastest-growing technology at an estimated CAGR of REDACTED% from 2023 to 2028. Biological treatments include the treatment of waste with microorganisms to generate energy. These methods are considered more environmentally friendly than thermal technologies, and they are expected to increase their market penetration over the forecast period. Despite the potential that the sector offers both in terms of waste management and in terms of providing an inexpensive alternate energy source, many of the WTE technologies have been met with public opposition. Thermal WTE projects have received bad publicity with concerns from environmental groups and local communities regarding several factors, including their impact on the environment and human health. It is claimed that modern WTE combustion plants are safe and odor-free, but public concern remains a barrier and continues to slow the implementation of new projects. Several emerging technologies, however, are much more efficient and promising, and they face less opposition. With growing waste volumes, the adoption of efficient and environmentally friendly waste management methods is becoming a global priority.
Given the current state of ecological consciousness, dangerous emissions from industrial processes or human activity point to negative effects on the environment. There is considerable incentive for adopting energy-efficient thermal and biological WTE methods, as well as carrying out research on new kinds of technologies and materials, due to new laws and changing markets. The WTE industry is expanding into new markets, particularly in developing countries, where access to clean energy is a major concern. This presents new opportunities for companies in the industry to develop and market sustainable-based solutions for these markets.
Thermal and Biological Waste-to-Energy Markets
Table of Contents
Chapter 1 Introduction
Overview
Study Goals and Objectives
Reasons for Doing This Study
What's New in This Update?
Scope of Report
Information Sources
Methodology
Intended Audience
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Overview of the Waste-to-Energy Industry
Chapter 3 Market Overview
Market Snapshot
Waste-to-Energy: The Concept
Benefits of Waste-to-Energy
Industry Landscape
Life Cycle Assessment of Waste-to-Energy Plants
Need for Waste-to-Energy Strategies
Successfully Completed Projects Supporting Waste-to-Energy Market Growth
U.S.
Europe
Asia-Pacific
Current Practices and Regulatory Environment
Overview
Regulatory Trends
Chapter 4 Market Dynamics
Market Dynamics
Market Drivers
Market Challenges and Restraints
Opportunities
Value Chain Analysis
Waste Collection and Transportation
Pre-processing and Sorting
Energy Conversion
Energy Distribution
End Users
Residuals Management
Environmental Monitoring
Research and Development
Impact of COVID-19 on the Waste-to-Energy Industry
Impact of the Russian-Ukrainian War on the Waste-to-Energy Industry
Chapter 5 Market Breakdown by Technology
Overview
Thermal Waste-to-Energy Technologies
Biological WTE Technologies
Anaerobic Digestion
Biogas to Energy
Bio-hydrogen
Mechanical Biological Treatment
Physical Waste-to-Energy Technologies
Chapter 6 Market Breakdown by Type of Waste
Overview
Waste Management Practices
Municipal Solid Waste
Industrial Waste
Medical Waste
Other Types of Waste
Chapter 7 Market Breakdown by End Use
Overview
Energy Outputs
Municipal
Industrial
Chapter 8 Market Breakdown by Region
Global Waste-To-Energy Market
North America
Europe
Asia-Pacific
Rest of the World
Chapter 9 Emerging Technologies and Developments
Highlights of Emerging Technologies
Upcoming Technologies with High Adoption Rate
Megatrends and Innovations
Chapter 10 Patent Analysis
Patent Activity Analysis
Chapter 11 Competitive Intelligence
Overview
Industry Structure
Company Market Share Analysis
Strategic Analysis
Chapter 12 Company Profiles
ANDRITZ AG
A2A S.P.A.
ARROW ECOLOGY & ENGINEERING OVERSEAS LTD
BLUEFIRE RENEWABLES
BTA INTERNATIONAL GMBH
BABCOCK & WILCOX ENTERPRISES INC.
CHINA EVERBRIGHT ENVIRONMENT GROUP LTD.
CNIM
COVANTA HOLDING CORP.
CITEC OY AB
EBARA CORP.
ENTEC BIOPOWER AUSTRIA GMBH
ENTECH RENEWABLE ENERGY SOLUTIONS PTY LTD.
ENVITEC BIOGAS AG
EVN AG
EGGERSMANN GRUPPE GMBH & CO. KG
HITACHI ZOSEN INOVA AG
HITACHI ZOSEN INOVA STEINMÜLLER
INTERSTATE WASTE TECHNOLOGIES INC.
JOHN WOOD GROUP PLC
KEPPEL CORP.
MITSUBISHI HEAVY INDUSTRIES LTD.
MVV ENERGIE AG
MARTIN GMBH
OMNI CONVERSION TECHNOLOGIES INC.
RAMBOLL GROUP A/S
STRABAG UMWELTTECHNIK GMBH
SUEZ SA
TAKUMA CO. LTD
VALORGA INTERNATIONAL SAS.
VEOLIA ENVIRONNEMENT SA
WASTE MANAGEMENT INC.
XCEL ENERGY INC.
ZHENENG JINJIANG ENVIRONMENT HOLDING CO. LTD.
ZORG BIOGAS GMBH
List of Tables
Summary Table : Global Market for Waste-to-Energy, by Region, Through 2028
Table 1 : Key Benefits of Waste-to-Energy Processes
Table 2 : Waste-to-Energy Regulations, Standards and Frameworks
Table 3 : Key Legislation and Policies for Waste Management in ASEAN Countries
Table 4 : Research and Development Investments as a Percentage Shares of Total Research and Development Spending, by Region or Country, 2016-2024
Table 5 : Key Challenges to Waste-to-Energy Markets
Table 6 : Competing Renewable Technologies
Table 7 : Global Market for Waste-to-Energy, by Technology, Through 2028
Table 8 : Comparison of Conventional Technologies with Alternative Waste-to-Energy Technologies
Table 9 : Global Market for Thermal Waste-to-Energy, by Region, Through 2028
Table 10 : Typical Components of Biogas and Their Impacts on Biogas Quality
Table 11 : Potential of MSW
Table 12 : Comparison of Anaerobic and Aerobic Degradation Processes
Table 13 : Design Parameters for Anaerobic Digestion
Table 14 : Comparison of Mesophilic and Thermophilic Anaerobic Digestion Processes
Table 15 : Advantages and Disadvantages of Various Commercial AD Systems
Table 16 : General Characteristics of Various Power Generators
Table 17 : Fuel Cell Types Used for Biogas Conversion and Their Current Status
Table 18 : Methods for Increasing Biogas Yields in Digesters
Table 19 : Global Market for Biological Waste-to-Energy, by Region, Through 2028
Table 20 : Global Market for Physical Waste-to-Energy, by Region, Through 2028
Table 21 : Global Market for Waste-to-Energy, by Type of Waste, Through 2028
Table 22 : Global Market for Municipal Solid Waste, by Region, Through 2028
Table 23 : Global Market for Industrial Waste, by Region, Through 2028
Table 24 : Global Market for Medical Waste, by Region, Through 2028
Table 25 : Global Market for Other Types of Waste, by Region, Through 2028
Table 26 : Global Market for Waste-to-Energy, by End Use, Through 2028
Table 27 : Global Market for Municipal End Uses, by Region, Through 2028
Table 28 : Global Market for Industrial End Uses, by Region, Through 2028
Table 29 : Global Market for Waste-to-Energy, by Region, Through 2028
Table 30 : North American Market for Waste-to-Energy, by Technology, Through 2028
Table 31 : North American Market for Waste-to-Energy, by Type of Waste, Through 2028
Table 32 : North American Market for Waste-to-Energy, by End Use, Through 2028
Table 33 : Levels of Waste Management in Europe
Table 34 : European Market for Waste-to-Energy, by Technology, Through 2028
Table 35 : European Market for Waste-to-Energy, by Type of Waste, Through 2028
Table 36 : European Market for Waste-to-Energy, by End Use, Through 2028
Table 37 : Asia-Pacific Market for Waste-to-Energy, by Technology, Through 2028
Table 38 : Asia-Pacific Market for Waste-to-Energy, by Type of Waste, Through 2028
Table 39 : Asia-Pacific Market for Waste-to-Energy, by End Use, Through 2028
Table 40 : Rest of the World Market for Waste-to-Energy, by Technology, Through 2028
Table 41 : Rest of the World Market for Waste-to-Energy, by Type of Waste, Through 2028
Table 42 : Rest of the World Market for Waste-to-Energy, by End Use, Through 2028
Table 43 : Patents on Waste-to-Energy Technologies, 2018-2023
Table 44 : Global Market Shares of Waste-to-Energy, by Leading Suppliers, 2022
Table 45 : Strategy Dashboard: Global Waste-to-Energy Market, 2019-2023
Table 46 : Andritz AG: Company Financial Highlights, 2020-2022
Table 47 : A2A S.p.A: Company Financial Highlights, 2019-2021
Table 48 : Babcock & Wilcox Enterprises Inc.: Company Financial Highlights, 2019-2021
Table 49 : Babcock & Wilcox Enterprises Inc.: Product Portfolio
Table 50 : China Everbright Environment Group Ltd.: Company Financial Highlights, 2019-2021
Table 51 : Ebara Corp.: Company Financial Highlights, 2019-2021
Table 52 : Ebara Corp.: Product Portfolio
Table 53 : Entec: Product Portfolio
Table 54 : EnviTec Biogas AG: Company Financial Highlights, 2019-2021
Table 55 : EVN AG: Company Financial Highlights, 2020-2022
Table 56 : John Wood Group PLC: Company Financial Highlights, 2019-2021
Table 57 : Keppel Corp.: Company Financial Highlights, 2020-2022
Table 58 : Mitsubishi Heavy Industries Ltd.: Company Financial Highlights, 2020-2022
Table 59 : MVV Energie AG.: Company Financial Highlights, 2020-2022
Table 60 : Takuma Co. Ltd: Company Financial Highlights, 2020-2022
Table 61 : Veolia Environnement SA: Company Financial Highlights, 2019-2021
Table 62 : Waste Management Inc.: Company Financial Highlights, 2020-2022
Table 63 : Xcel Energy Inc.: Company Financial Highlights, 2020-2022
Table 64 : Zheneng Jinjiang Environment Holding Co. Ltd.: Company Financial Highlights, 2019-2021
Table 65 : Acronym Used in This Report
List of Figures
Figure A : Data Source: Global Waste-to-Energy Market
Figure B : Waste-to-Energy Segments
Figure C : Schematic Framework of Integrated Sustainable Waste Management
Figure D : Waste Management Hierarchy
Summary Figure : Global Market Shares of Waste-to-Energy, by Region, 2022
Figure 1 : Basic WTE Pathways
Figure 2 : Global Waste-to-Energy Market Trends, 2022-2028
Figure 3 : Life Cycle of a WTE Technology
Figure 4 : Legislative Framework of Waste Management in Europe
Figure 5 : Market Dynamics
Figure 6 : Projection of the Development of Global Urban and Rural Waste Quantities, 1950-2050
Figure 7 : Municipal Waste Generated, 2006 and 2021
Figure 8 : Global Urban Waste Generation, 2012 and 2025
Figure 9 : Waste-to-Energy Market Industry Value Chain
Figure 10 : Global Market Shares of Waste-to-Energy, by Technology, 2022
Figure 11 : Thermal Waste-To-Energy Technology Types
Figure 12 : Overview of a Fluidized Bed System
Figure 13 : Overview of a Rotary Kiln System
Figure 14 : Overview of Plasma Gasification Unit
Figure 15 : Overview of the Pyrolysis Process
Figure 16 : Global Market Shares of Thermal Waste-to-Energy, by Region, 2022
Figure 17 : Process Chain of a Wet AD Plant Treating Biowaste
Figure 18 : Four Phases of Anaerobic Degradation
Figure 19 : Global Market Shares of Biological Waste-to-Energy, by Region, 2022
Figure 20 : Global Market Shares of Physical Waste-to-Energy, by Region, 2022
Figure 21 : Composition of Municipal Solid Waste
Figure 22 : Global Market Shares of Waste-to-Energy, by Type of Waste, 2022
Figure 23 : Global Market Shares of Municipal Solid Waste, by Region, 2022
Figure 24 : Global Market Shares of Industrial Waste, by Region, 2022
Figure 25 : Global Market Shares of Medical Waste, by Region, 2022
Figure 26 : Global Market Shares of Other Types of Waste, by Region, 2022
Figure 27 : Global Market Shares of Waste-to-Energy, by End Use, 2022
Figure 28 : Global Market Shares of Municipal End Uses, by Region, 2022
Figure 29 : Global Market Shares of Industrial End Uses, by Region, 2022
Figure 30 : Global Market Shares of Waste-to-Energy, by Region, 2022
Figure 31 : Approximate Emission of Greenhouse Gases
Figure 32 : North American Market Shares of Waste-to-Energy, by Technology, 2022
Figure 33 : North American Market Shares of Waste-to-Energy, by Type of Waste, 2022
Figure 34 : North American Market Shares of Waste-to-Energy, by End Use, 2022
Figure 35 : Typical Two-Chamber Microbial Fuel Cell
Figure 36 : European Market Shares of Waste-to-Energy, by Technology, 2022
Figure 37 : European Market Shares of Waste-to-Energy, by Type of Waste, 2022
Figure 38 : European Market Shares of Waste-to-Energy, by End Use, 2022
Figure 39 : Asia-Pacific Market Shares of Waste-to-Energy, by Technology, 2022
Figure 40 : Asia-Pacific Market Shares of Waste-to-Energy, by Type of Waste, 2022
Figure 41 : Asia-Pacific Market Shares of Waste-to-Energy, by Type of Waste, 2022
Figure 42 : Rest of the World Market Shares of Waste-to-Energy, by Technology, 2022
Figure 43 : Rest of the World Market Shares of Waste-to-Energy, by Type of Waste, 2022
Figure 44 : Rest of the World Market Shares of Waste-to-Energy, by End Use, 2022
Figure 45 : Andritz AG: Revenue Share, by Business Segment, 2022
Figure 46 : Babcock & Wilcox Enterprises Inc.: Revenue Share, by Business Segment, 2021
Figure 47 : China Everbright Environment Group Ltd.: Revenue Share, by Business Segment, 2021
Figure 48 : China Everbright Environment Group Ltd.: Revenue Share, by Country, 2021
Figure 49 : CNIM: Revenue Share, by Business Segment, 2020
Figure 50 : Ebara Corp.: Revenue Share, by Business Segment, 2021
Figure 51 : Ebara Corp.: Revenue Share, by Region, 2021
Figure 52 : EnviTec Biogas AG: Revenue Share, by Business Segment, 2021
Figure 53 : EVN AG: Revenue Share, by Business Segment, 2021
Figure 54 : EVN AG: Revenue Share, by Region, 2021
Figure 55 : John Wood Group PLC: Revenue Share, by Business Segment, 2021
Figure 56 : Keppel Corp.: Revenue Share, by Business Segment, 2022
Figure 57 : Keppel Corp.: Revenue Share, by Region/Country, 2022
Figure 58 : Mitsubishi Heavy Industries Ltd.: Revenue Share, by Business Segment, 2022
Figure 59 : MVV Energie AG.: Revenue Share, by Business Segment, 2022
Figure 60 : Takuma Co. Ltd: Revenue Share, by Business Segment, 2022
Figure 61 : Takuma Co. Ltd: Revenue Share, by Domestic Environment and Energy Business Segment, 2022
Figure 62 : Veolia Environnement SA: Revenue Share, by Business Segment, 2021
Figure 63 : Veolia Environnement SA: Revenue Share, by Region/Country, 2021
Figure 64 : Waste Management Inc.: Revenue Share, by Business Segment, 2022
Figure 65 : Waste Management Inc.: Revenue Share, by Region, 2022
Figure 66 : Xcel Energy Inc.: Revenue Share, by Business Segment, 2022
Figure 67 : Zheneng Jinjiang Environment Holding Co. Ltd.: Revenue Share, by Business Segment, 2021
Figure 68 : Zheneng Jinjiang Environment Holding Co. Ltd.: Revenue Share, by Region, 2021
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