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Waste-to-Energy Market Projected To Register A CAGR of 8.5%

According to relevant research institutions statistics, the global Waste-to-Energy market was estimated to reach approximately USD 26.2 billion in 2015, and is expected to be valued at USD 39.4 billion by 2020, registering a CAGR of 8.5% from 2016 to 2020.
Waste-to-energy (WtE) or energy-from-waste (EfW) is the process of generating energy in the form of electricity and/or heat from the primary treatment of waste. WtE is a form of energy recovery. Most WtE processes produce electricity and/or heat directly through combustion, or produce a combustible fuel commodity, such as methane, methanol, ethanol or synthetic fuels.
Waste to energy processes refer to a technique used for converting municipal solid waste, which is generated from the industrial, commercial, and domestic sectors, into energy. Various technologies are deployed to process the waste generated from the various sectors to produce fuel cell, steam, and electricity. The course of action in every technology is comparatively different and the end product is used in industries, commercial units, and domestic dwellings.
In terms of geographies, Asia Pacific is the largest market for the global waste to energy market, occupies more than 40% of the global market, and is expected to grow at a considerable rate in the next few years, this is due to the increase in consumer income in the region and the rapid development of the national economy. Europe and the North America market will grow at a steady growth rate.
The key players in the waste-to-energy market include Suez Environment S.A. (France), Waste Management Inc. (U.S.), C&G Environmental Protection Holdings (HongKong), Covanta Energy Corporation (U.S.), China Everbright International Limited (China), and Veolia Environment (France) etc.
Global Waste-to-Energy Market Share Analysis, by Geographies, 2019

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Joanna | Executive – International Business and partner Relations
E-mail: [email protected] | Tel: 1-510-400-8520
Web: www.gosreports.com
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Joanna | Executive - International Business and partner Relations
E-mail: [email protected] 
Tel: 001-510-400-8520
Web: www.gosreports.com