Global Waste-To-Energy Market Set To Grow To $12,914m In 2017
13 August 2017
Visiongain’ has launched a new energy report Waste to Energy (WtE) Market Outlook 2017-2027: Capacity (tpa) & CAPEX ($m) Forecasts for Incineration of Municipal Solid Waste (MSW) & Refuse-Derived Fuel (RDF) in Electricity Generation, District Heating & Combined Heat and Power (CHP), Energy from Waste (EfW) Plants; Featuring Technologies: Mass Burn, Gasification, Pyrolysis, Fluidised Bed, Advanced Thermal Treatment (ATT), & Advanced Conversion Technology (ACT).
Waste-to-Energy (WtE) facilities are considered to be plants that use municipal solid waste (MSW) as a primary fuel source for energy production. During the last several years, increased waste generation and narrowed prospects for landfill have brought strong growth prospects for the WtE industry. Not only is the world population growing, but it is also becoming increasingly urbanised. This leads to greater levels of waste being generated globally, in more concentrated levels and in close proximity to large urban areas. These issues are focusing more attention on waste management frameworks, with increased interest in alternatives to landfill. As a result, municipalities worldwide are considering the functionality of WtE plants to help deal with mounting waste being generated.
The visiongain report analyst commented “The interest in WtE is growing as an option for sustainable waste management practices. Population and waste growth will be major drivers for the development of WtE technology, especially in developing countries. During the last several years, increased waste generation and narrowed prospects for landfill have brought strong growth prospects for the WtE industry. Not only is the world population growing, but it is also becoming increasingly urbanised. This leads to greater levels of waste being generated globally, in more concentrated levels and in close proximity to large urban areas. The established markets in central Europe and Asia-Pacific will provide the technology and experience for the very fast growth projected in China, Eastern Europe, India and other parts of the world”.
Leading companies featured in the report who are developing Waste-to-Energy (WtE) facilities include Babcock & Wilcox Vølund A/S, China Everbright International Limited, CISC, Covanta Energy Corporation, Hitachi Zosen Inova AG, Hunan Yonker Environmental Protection Co. Ltd, Keppel Seghers, Mitsubishi Heavy Industries Environmental & Chemical Engineering Co. Ltd. (MHIEC), New Energy Corporation, SembCorp, Suez Environnement (SITA) and Viridor.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100
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