The report presents an in-depth assessment of the Global Waste-to-Energy Technologies including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Waste-to-Energy Technologies investments from 2020 till 2025.
The waste-to-energy technologies market is expected to have substantial growth during the forecast period. With the increasing rate of waste generated per capita, pollution, and CO2 emissions, many countries around the world are giving emphasis on reducing carbon emission. Using non-renewable sources, such as municipal solid waste (MSW), to generate energy can help to stabilize the increasing carbon footprint. MSW is one of the waste forms that is mostly generated across the world, and nearly 2 billion tons of this waste is generated annually. Waste-to-energy technologies imply a set of technologies that treat MSW, to extract energy in the form of heat and electricity. Uses of the technologies also help to obtain biogas, as an alternate form of fuel. The factors driving the market include supportive government initiatives and efforts, to reduce dumps and open burning of waste in both developed and emerging economies across the world. However, the high capital and operation cost of waste-to-energy plants and the requirement of skilled staff to operate and to maintain the sophisticated technologies can act as a restraint to the market growth in the future.
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Top Leading Manufactures-
Babcock & Wilcox Enterprises Inc., Ramboll Group AS, Veolia Group, Babcock & Wilcox Volund AS, Hitachi Zosen Inova AG, Suez Environnement, China Everbright International Limited, Covanta Holding Corporation, Amec Foster Wheeler PLC, Abu Dhabi National Energy Company PJSC (Taqa)
Municipal Solid Waste Incineration (MSWI) as a Prominent Technology
– During the MSWI process, waste materials are burned inside a specific chamber by raising the temperature to around 850-1450 degrees Celsius, and oxygen is added to have a combustion reaction. A minimum calorific value of the waste is required for self-combustion of the trash.
– During the process, exhaust gases called flue gases are created, which is cleaned up before exiting from the facility. This flue gas contains the heat energy that is utilized to generate electricity or for heating purposes.
– The operation of MSWI is more complex than the operation of a sanitary landfill. It requires well-developed technical and management skills, to set and adjust the parameter for the effective operation of the plant.
– In 2018, more than 2,400 incineration plants were operated across the world. Annually, the plants treat nearly 360 million tons of waste, and it is estimated to have almost 70 new plants per year, until 2027. diseases and zoonosis are anticipated to have a positive impact on the market in the coming years.
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The waste-to-energy technologies market is moderately fragmented. The key owners/operators in the market include Babcock & Wilcox Enterprises Inc., Ramboll Group AS, Veolia, Babcock & Wilcox Volund AS, Hitachi Zosen Inova AG, and Suez Environnement, among others.
What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a Global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Global Waste-to-Energy Technologies Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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