Waste to Energy Market Research Report with Revenue, Gross Margin, Market Share and Future Prospects

Medical-Waste-Management-Market

Global Waste to Energy Market Outlook: According to World Bank estimates, the world’s waste generation is projected to nearly double in volume by 2025 to reach 6 Mn tons of waste per day. The Organization for Economic Co-operation and Development (OECD) member economies accounted for approximately half of the world’s waste in 2016. However, waste generation is primarily expected to be driven by emerging economies in Latin America and Asia Pacific in near future due to growing consumption of plastics across applications such as packaging, construction and consumer goods. Also, a growth in developing economies’ waste production is expected to have a positive impact on waste to energy market as governments introduce new policy. Government of India’s target for sustainable energy generation of 175 GW by 2022 will include 10 GW capacity from waste to energy facilities.

Request Sample Copy of this Report @ https://www.coherentmarketinsights.com/insight/request-sample/1226

Europe is projected to be the largest market for WtE technologies over the forecast period. High generation of industrial waste, coupled with stringent EU-wide waste legislation has led to accelerated market growth in the region. West European economies have led the region in terms of existing and new capacity additions. For instance, Sweden incinerated 49.5% of its total municipal waste in 2015 for heat and power generation.

Asia Pacific is projected to be the fastest growing market led by Japan and China. According to the World Energy Council statistics, Japan incinerated up to 60% of its solid waste for heat generation. Also, China doubled its WtE capacity between 2011 and 2015. In India, the NTPC Ltd. invited tenders from national and international companies in 2017 to set up 100 new waste to energy facilities across the country. This can be attributed to stringent regulatory policies pertaining to waste generation and disposal.

In October 2017, Wood Group announced the acquisition of Foster Wheeler. The acquisition allows Wood Group to strengthen its renewable energy business portfolio. Major players operating in the waste to energy market include Austrian Energy & Environment Group GmbH, Arrow Ecology Ltd., Babcock & Wilcox Vølund A/S, Constructions Industrielles De La Editerranée (CNIM), Covanta Energy Corporation, Essent N.V., Haase Energietechnik AG, Wood Group, Qinetiq, and Pacific Renewable Fuels Inc.

Request For Customization @ https://www.coherentmarketinsights.com/insight/request-customization/1226

You may be interested

Blood Collection Tubes Market Growth, Trend, Demand and Future Forecast 2018-26
Healthcare
Healthcare

Blood Collection Tubes Market Growth, Trend, Demand and Future Forecast 2018-26

Albert R - September 19, 2018

Coherent Market Insights has announced the addition of the “Blood Collection Tubes Market Size Status and Forecast 2026”, The report classifies the global Blood Collection Tubes Market…

Pet Health Products Market: Know the Key Growth Drivers Developments and Innovations
Healthcare
Healthcare

Pet Health Products Market: Know the Key Growth Drivers Developments and Innovations

Albert R - September 19, 2018

Coherent Market Insights has announced the addition of the “Pet Health Products Market Size Status and Forecast 2026”, The report classifies the global Pet Health Products Market in a…

Researchers Discover New Material for High-Speed Electronics
Business
Business

Researchers Discover New Material for High-Speed Electronics

Mohit Joshi - September 18, 2018

Researchers discovered a new material from the rare element tellurium for high-speed electronics, according to a study conducted on May 24, 2018. This study was conducted by…

Most from this category