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Waste-To-Energy Technologies Market : Quantitative Market Analysis, Current and Future Trends 2023

Author: Shreyash Girdhar
by Shreyash Girdhar
Posted: Jan 28, 2019

Global Waste-to-Energy Technologies Market: Overview

According to the World Bank, the amount of waste generated across the world will triple by 2100 to reach 11 million tonnes per day. This presents a massive logistical and administrative challenge for both developed and developing countries. Waste has the potential to be used in countless energy-generation programs, but its potential has hitherto remained underutilized. The concept of waste-to-energy entails the application of techniques that help extract valuable energy from waste products.

At a time when landfills are choking with nonbiodegradable waste, there is increasing pressure on industry participants to either reduce the amount of waste generated or reuse trash to generate energy in the form of heat or electricity. Waste-to-energy technologies make that possible.

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The demand for efficient technologies that can help convert waste into energy is rising because of the increase in the volume of waste generated around the world every day. Thermal and biological technologies are commonly used to convert waste into energy.

The key thermal energy types used to obtain energy from waste are: incineration, thermal gasification, and plasma-arc gasification. Likewise, the major biological technologies employed to use waste as an energy generation medium are: fermentation, methane capture, and anaerobic digestion.

This report examines the state of the global waste-to-energy technologies market and forecasts growth through 2023. For a detailed analysis of the global waste-to-energy technologies market, the report segments the market on the basis of criteria such as technology type and geography. Each subsegment is individually studied to forecast its growth rate and size in terms of revenue.

Global Waste-to-energy Technologies Market: Key Trends and Opportunities

Factors that are fuelling the adoption of waste-to-energy technologies are largely centered on the dramatic increase in population and, consequently, the increase in the amount of waste generated. Other factors that are contributing favorably to the growth of the global waste-to-energy technologies market are rapid urbanization and growing purchasing power of consumers. Against this backdrop, waste-to-energy is emerging as a viable option to lower the carbon footprint.

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A high number of waste-to-energy plants are located in Asia Pacific and Europe. A number of new waste-to-energy plants are planned around the world, which will help increase the amount of energy generated from waste over the next few years.

In the years ahead, key policymakers will either have to increase landfill capacity or consider investing in waste-to-energy plants. In view of the increased thrust on renewable energy and reducing carbon emissions, the latter might emerge as a more viable option. This will necessitate the deployment of highly different technologies to convert waste into energy.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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But when people list out all their accomplishments in their bios, they risk sounding a little egotistical. Sure, you might impress a handful of people with all those laurels, but many people who read your bio will end up feeling eit

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Author: Shreyash Girdhar

Shreyash Girdhar

Member since: Oct 30, 2018
Published articles: 777

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