市場調查報告書
商品編碼
1541728
2024-2032 年按技術(熱能、生化等)、廢棄物類型(市政廢棄物、製程廢棄物、農業廢棄物、醫療廢棄物等)和地區分類的廢棄物能源市場報告Waste to Energy Market Report by Technology (Thermal, Biochemical, and Others), Waste Type (Municipal Waste, Process Waste, Agriculture Waste, Medical Waste, and Others), and Region 2024-2032 |
IMARC Group年,全球垃圾發電市場規模達到 440 億美元。工業廢棄物產生量的增加、工業化的快速發展、城市化的發展、發展中國家的經濟擴張、都市固體廢棄物(MSW)產生率的不斷上升以及新技術的推出是推動廢棄物能源需求的一些因素。
主要市場促進因素:對再生能源和廢棄物管理解決方案的日益關注推動了市場的發展。
主要市場趨勢:採用厭氧消化和熱氣化等先進技術將廢棄物有效轉化為能源是一些市場趨勢。
地理趨勢:歐洲正在主導市場,主要是由於擴大採用廢棄物能源解決方案。
競爭格局:A2A SpA、Babcock & Wilcox Enterprises, Inc. 和中國光大國際有限公司等都是主要公司。
挑戰與機會:平衡環境問題與經濟可行性帶來了挑戰,而廢棄物能源市場最近的機會在於利用技術進步來提高廢棄物能源製程的效率。
監管支持不斷增加
監管援助對於推動市場擴張至關重要。世界各國政府開始了解再生能源生產的重要性。他們正在製定不同的措施和規則來鼓勵使用這些技術。這方面的一個例子是上網電價,它為廢物轉化為能源計劃所產生的電力提供了保證費率,保證了穩定的收入流並降低了投資者的財務不確定性。再生能源指令要求特定部分的能源必須來自再生能源,例如廢棄物能源,從而產生對這些項目的市場需求。此外,監管框架可能會提供稅收減免、資金或財政援助等激勵措施,以鼓勵對廢棄物轉化為能源基礎設施進行更多投資。總的來說,監管援助為廢棄物能源市場收入的蓬勃發展創造了必要的結構和動力,鼓勵創新、投資和接受永續廢棄物管理解決方案。
廢棄物產生量不斷上升
城市和工業的快速發展導致廢棄物產生量不斷增加。這給廢棄物管理技術帶來了主要障礙。這些技術透過將廢料轉化為有價值的能源來解決這一危機。此外,城市和工業區的發展經常導致垃圾掩埋場空間不足,需要使用不同的廢棄物管理方法。這些措施透過提供一種實用的方法來解決這個問題,將廢棄物從垃圾掩埋場轉移出去,同時產生再生能源。這種雙重優勢使得垃圾發電成為政府、市政當局和產業的理想選擇,旨在有效處理廢棄物,同時幫助實現再生能源目標和環境永續性。
人們對能源安全的擔憂日益加劇
對能源安全的擔憂對於世界各國政府和產業都很重要。透過使用國內廢棄物作為燃料,廢棄物能源項目減少了與不可預測的燃料價格和短缺相關的危險,為社區和工業提供了可靠且環保的能源。此外,這些發電廠可以策略性地建在靠近城市地區和工業集群的位置,減少傳輸過程中的能源損失,並確保附近電網的持續供電。這種在特定區域生產能源的方法透過改變能源來源並減少對集中式發電廠的依賴來提高能源安全,從而使能源系統更能抵抗外部衝擊和中斷。廢棄物能源市場預測顯示未來幾年將顯著成長。
The global waste to energy market size reached US$ 44.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 70.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032. The increasing industrial waste generation, the rapid industrialization, the growing urbanization, the economic expansion of developing countries, the escalating rates of municipal solid waste (MSW) production, and the launch of new technologies are some of the factors propelling waste to energy demand.
Major Market Drivers: Increasing focus on renewable energy sources and waste management solutions drives the market.
Key Market Trends: Adoption of advanced technologies such as anaerobic digestion and thermal gasification for efficient waste conversion into energy are some of the market trends.
Geographical Trends: Europe is dominating the market, primarily driven by the increasing adoption of waste to energy solutions.
Competitive Landscape: A2A SpA, Babcock & Wilcox Enterprises, Inc., and China Everbright International Limited are some of the major companies, among many others.
Challenges and Opportunities: Balancing environmental concerns with economic viability poses challenges, while waste to energy market recent opportunities lie in using technological advancements for increased efficiency in waste to energy processes.
Rising regulatory backing
Regulatory assistance is essential for providing a boost to the market's expansion. Governments all around the world are starting to understand the significance of renewable energy production. They are putting in place different measures and rules to encourage the use of these technologies. An example of this is feed-in tariffs which provide assured rates for electricity produced from waste to energy initiatives, guaranteeing a constant income flow and lowering financial uncertainties for investors. Renewable energy mandates necessitate a specific portion of energy to come from renewable sources, such as waste to energy, thus generating a market demand for these projects. Furthermore, regulatory frameworks might offer incentives like tax breaks, funding, or financial aid to encourage more investment in waste to energy infrastructure. In general, regulatory assistance creates the essential structure and motivations for the waste to energy market revenue to flourish, encouraging innovation, investment, and the acceptance of sustainable waste management solutions.
Rising levels of waste production
The rapid growth of cities and industries is resulting in the rising amount of waste produced. This presents major obstacles for waste management techniques. These technologies provide an answer to this crisis by transforming waste materials into valuable energy sources. In addition, the growth of cities and industrial areas frequently results in a lack of space for landfills, requiring the use of different waste management approaches. These initiatives tackle this problem by offering a practical way to redirect waste away from landfills and generate renewable energy at the same time. This double advantage makes waste to energy a desirable choice for governments, municipalities, and industries aiming to effectively handle their waste while helping renewable energy goals and environmental sustainability.
Increasing concerns about energy security
Concerns about energy security are important for governments and industries worldwide. By using waste materials from within the country as fuel, waste to energy projects reduce the dangers linked to unpredictable fuel prices and shortages, offering a reliable and eco-friendly energy source for communities and industries. Moreover, these plants could be strategically positioned close to urban areas and industrial clusters, reducing energy loss during transmission and guaranteeing a consistent power supply to nearby grids. This method of producing energy in specific areas improves energy security by varying the energy sources and decreasing dependence on centralized power plants, therefore making energy systems more resistant to external shocks and interruptions. The waste to energy market forecast shows significant growth in the coming years.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on technology and waste type.
Thermal
Incineration
Pyrolysis
Gasification
Biochemical
Others
Thermal (incineration) accounts for the majority of the market share
The report has provided a detailed breakup and analysis of the market based on the technology. This includes thermal (incineration, pyrolysis, and gasification), biochemical, and others. According to the report, thermal (incineration) represented the largest segment.
The thermal segment is leading in the waste to energy market outlook. The incineration process plays a crucial role in the market by providing a dependable and effective way to convert solid waste into energy. Through the use of elevated temperatures to burn waste products, thermal incineration creates heat that can be harnessed for generating electricity or heating structures. This method decreases the amount of waste that needs to be disposed of and also offers an energy source to meet energy needs and lessen dependence on fossil fuels.
Municipal Waste
Process Waste
Agriculture Waste
Medical Waste
Others
Municipal waste accounts for the majority of the market share
A detailed breakup and analysis of the waste to energy market report based on the waste type has also been provided in the report. This includes municipal waste, process waste, agriculture waste, medical waste, and others. According to the report, municipal waste represented the largest segment.
The waste to energy market overview shows that municipal waste is leading the market. Waste produced by households, businesses, and institutions is a major factor in the expansion of the market. As cities grow and industries advance, the amount of trash produced increases, creating obstacles for old ways of handling waste. Converting municipal solid waste into energy resources through these technologies is a sustainable solution that decreases the reliance on landfill space and lessens environmental impacts. The energy generated from city waste can assist in meeting the energy needs of the community. Governments and municipalities around the globe are investing in these projects to effectively manage municipal waste streams and produce renewable energy, due to the growing awareness of the environmental and economic advantages.
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Europe leads the market, accounting for the largest waste to energy market share
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe is leading the market.
Europe leads the waste to energy market statistics due to various reasons. Stringent waste management rules, restricted landfill availability, and expensive energy costs have driven European nations to put money into sustainable waste management alternatives. Furthermore, government support through policies like feed-in tariffs and incentives for renewable energy encourages the growth of these initiatives. Moreover, Europe's strong position in this sector is supported by a reliable infrastructure, technological progress, and a dedicated focus on environmental sustainability. Moreover, the region's market leadership is fueled by the growth in public knowledge and the embrace of waste to energy as a valuable renewable energy option, encouraging ongoing advancements and investments in related technologies.
The waste to energy market recent developments are being propelled by key players who are making investments in research and development, technological advancements, and forming strategic partnerships. These companies use their skills to create innovative solutions. The major stakeholders are engaging in partnerships to diversify their range of services. For instance, Hitachi Zosen Inova AG (HZI), a Swiss-based company and a wholly-owned subsidiary of Hitachi Zosen Corporation, has entered into an agreement with Viessmann Industriesysteme GmbH, headquartered in Hessen, Eder, Germany. Under this agreement, HZI will acquire all shares of Schmack Biogas Service GmbH (SBS) and microbEnergy GmbH (ME), both engaged in the biogas business. These companies are currently owned by the Schmack Group, which is affiliated with Viessmann. Moreover, the major waste to energy market companies actively participate in various discussions to push for favorable policies and regulations that encourage the use of these technologies. Key players have a vital role in driving innovation and shaping the market by showing leadership in sustainability and promoting industry collaboration.
A2A SpA
Babcock & Wilcox Enterprises, Inc.
China Everbright International Limited
CNIM
Covanta Holding Corporation
Hitachi Zosen Inova AG
John Wood Group plc
Mitsubishi Heavy Industries Ltd
Ramboll Group A/S
Veolia Environnement S.A.
WIN Waste Innovations
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
March 9, 2024: A2A SpA and Enel signed an agreement for the reorganisation of electricity networks in Lombardy.
April 22, 2024: Babcock & Wilcox Enterprises, Inc. announced that its B&W Environmental segment has been awarded a contract for approximately $15 million to supply environmental equipment for an industrial facility in the Middle East.
October 31, 2022: China Everbright International Limited announced that its portfolio company SatixFy was successfully listed on NYSE American on 28th October 2022 with the symbol "SATX", via a merger with Endurance Acquisition Corp.