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Global Waste to Energy Market Emerging Technologies by Forecast to 2023

Author: Market Research Report
by Market Research Report
Posted: Jun 20, 2018

Industry Top Key Players:-

Some of the key players in the Waste to Energy market are Constructions industrielles de la Méditerranée (CNIM), Covanta Energy Corporation, C&G Environmental Protection Holdings,Veolia Environnement, China Everbright International Limited,Waste Management, Inc, and Suez Environment S.A.

Market Highlights:-

Waste to Energy (WTE) facilities worldwide over 6000 to be précised are accounting for a substantial production of electricity, steam and recoveries of metals for recycling annually by combusting tons of municipal solid waste. Conversion of waste to energy is becoming a key component of integrated waste management strategies across the globe. The ever increasing waste volumes are prompting the governing agencies to revisit their approach to waste management. Both political and environmental attention is turning towards the development of cost effective and sustainable solutions for WTE. The Waste to Energy market has been showing positive trends in recent times gaining the prominence on the global platform.

The Waste to Energy market has been showing positive trends in recent times. Abundance of waste and strict government regulation regarding waste disposal are some of the key factors which are expected to drive the demand in the Waste to Energy market. Increasing government penalties on poorly managed waste in the form of landfills is diverting demand towards the Waste to Energy Market.

The global Waste to Energy market is predominantly driven by the abundance of waste and strict government regulation regarding waste disposal. Rising government penalties on poorly managed waste in the form of landfills are diverting demand towards the Waste to Energy Market. Additionally, government and private entities’ initiatives to save the planet Earth preserving its natural resources, are providing impetus to the market growth to a large extent.

Industry/ Innovation/ Related News

January 8, 2018 - Kontrol Energy Corp. (Canada) a leader in energy efficiency management solutions and technology announced that it has been selected by Ontario Education Collaborative Marketplace (OECM) as a contracted supplier for hardware, software and related energy services and technology. Kontrol Energy's RTEM system features the use of CircuitMeter as a channel partner.

With RTEM systems, facility managers can gain access to building energy consumption data at the circuit level in real time to pinpoint energy usage, identify areas where energy is wasted, and create opportunities to increase efficiency and generate cost savings.

June 26, 2017 – SUEZ (France) a utility company which operates largely in the water treatment and waste management sectors launched Organix®, first digital marketplace in France for organic waste. This innovative platform can connect producers of organic waste (food industry manufacturers, cooperatives, etc.) and methanation unit operators, who transform them into energy.

Worldwide Waste to Energy Market - Competitive Analysis

The Waste-to-Energy Plant Operation industry has a moderate level of industry concentration. Key Players operating in the market strive to improvise technological processes in order to reduce installation costs. The industry's two major companies, such as Covanta Energy Corporation accounted for 50% of industry revenue in 2016. The remainder of industry revenue is earned either by individual municipalities operating facilities that they own themselves, or by smaller private companies that municipalities have contracted to operate their facilities. The establishment of long-term contracts between this industry and downstream customers makes it difficult for new entrants to dilute the market share of pre-existing companies.

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Author: Market Research Report

Market Research Report

Member since: Mar 19, 2018
Published articles: 85

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