Land Incineration Plants Market is Predicted to Witness a Value of US$ 96.4 Bllion by 2031: Transpar

The global Land Incineration Plants Market stood at USD 62.8 billion in 2022 and the global market is projected to reach USD 96.4 billion in 2031. Global industry is anticipated to expand at a CAGR of 5.5% between 2023 and 2031.

A traditional land incineration plant consist of incinerators, waste receipt and handling systems, combustion systems, heat recovery systems (boilers), air pollution control systems, and combustion solid residue handling systems. Incinerators play a vital role in land incineration plants. These reduce the mass of municipal solid waste by almost 80% and volume by 90% by burning it under controlled environment. The heat generated from these plants is utilized for several industrial applications. In most of the cases, the heat generated is transferred to waste-to-energy plants, which utilize it for electricity generation. Bottom ash produced as a by-product from a land incineration plant is utilized in cement plants for the production of cement.

Market Segmentation

• Equipment Type
• Rotary Kiln
• Fluidized Bed
• Liquid Injection
• Others
• Waste Type
• Municipal
• Industrial
• Capacity
• Small
• Medium
• Large
• Application
• Electricity
• Heat

Based on the amount of waste incinerated per day, land incineration plants have been categorized into small & medium capacity and large capacity plants. Governments and other local authorities across the globe are promoting the development of land incineration plants by offering various funding schemes such as capital grants, prudential borrowing, and waste infrastructure (WI) credits. Introduction of higher landfill tax by several countries such as the U.K. and New Zealand is also driving the development of such plants globally. However, traditional land incinerator plants have attracted a lot of public opposition in the form of protest in several regions primarily due to emission of flue gas. This acts as a major challenge for the development of land incineration plants. However, modern land incineration plants have adopted several advanced and sustainable technologies that have decreased emission of flue gas. These technologies are anticipated to provide newer opportunities to market participants and plant developers in the near future.

Top key players –

• Hitachi Zosen Inova AG
• Babcock & Wilcox Enterprises Inc.
• Doosan Lentjes GmbH
• Kawasaki Heavy Industries Ltd.
• Suez
• MARTIN GmbH für Umwelt- und Energietechnik
• Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC)
• Haat Incinerators India Pvt Ltd.
• Chuwa Industrial Co., Ltd.
• Ketek Group
• Dutch Incinerators
• EEW Energy from Waste GmbH

The land incineration plants market has been segmented on the basis of capacity of incineration and geography. Based on capacity of incineration, the market has been segmented into small & medium capacity and large capacity plants.

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