The waste-to-energy market is evaluated at US$43.415 billion in 2025, growing at a CAGR of 5.68%, reaching a market size of US$57.239 billion by 2030.
Waste to energy refers to a process in which energy is generated in the form of electricity or heat, which is done by processing or treating waste. In other words, waste-to-energy refers to the technology that converts waste into a fuel source. It is also known as the recovery of energy. Most of the electricity or heat is produced through direct combustion. However, a combustible fuel commodity is often generated through the treatment of waste such asethanoland methane, among others.
The waste-to-energy market is expected to grow significantly over the next five years, owing to growing concerns about waste disposal and a growing focus on the generation of clean energy in many parts of the world. This advanced technology helps in reducing the waste disposed of in landfills, thereby reducing greenhouse gases. Furthermore, it helps in the recycling of waste, which also reduces the harmful impact of waste on the environment. Waste-to-energy facilities are often considered the only facilities that help mitigate adverse climate changes as they reduce the burning of fossil fuels and can further reduce the harmful emissions being produced to the environment. Various governments worldwide are taking the necessary steps to protect the environment. That has also led to an upsurge in the investments being made in waste-to-energy facilities in both developed and underdeveloped economies, which, in turn, is significantly shaping the market growth throughout the forecast period. Furthermore, the increased focus on waste management is further positively impacting the market growth. Numerous regulations are being implemented in many countries for the proper disposal and treatment of waste for energy generation purposes because of limited land areas in many parts of the world.
Governments are taking the necessary steps to implement numerous sustainable and effective waste management solutions, and waste to energy is considered an integral part. With a growing emphasis on renewable energy, rising fossil fuel prices, and a desire to reduce reliance on fossil fuels, many countries are investing in alternative energy sources. Several regional governments are investing in waste-to-energy facilities to benefit from it.
One of the key factors anticipated to propel the business growth opportunities for manufacturers is the rapid urbanization and industrialization in both the developed and developing economies of the world. With growing industrialization and urbanization, commercial and residential waste generation has also increased significantly. Additionally, the continuously rising demand for energy globally due to a rising population, rapid industrialization, and urbanization is one of the key drivers for market growth throughout the forecast period. The burgeoning demand for strong heating and cooling needs in some of the regions is also projected to be one of the factors responsible for boosting the energy demand. The movement toward sustainable development is also projected to boost investments in clean energy projects in many countries, increasing the demand for waste-to-energy systems and thus positively impacting the market growth for the next five years.
Based on geography, the waste-to-energy market has been segmented into North America, South America, Europe, the Middle East and Africa, and the Asia-Pacific. The European region is projected to hold a considerable market share throughout the next five years, majorly due to the favorable government policies that further support investments in waste-to-energy plants, such as landfill taxes and carbon taxes, among others.
The APAC region is also anticipated to show promising growth opportunities for manufacturers over the next five years due to the inclination of the government toward waste management and increasing investments in waste-to-energy projects in major emerging countries like India, China, and Indonesia, among others.
Waste to energy refers to a process in which energy is generated in the form of electricity or heat, which is done by processing or treating waste. In other words, waste-to-energy refers to the technology that converts waste into a fuel source. It is also known as the recovery of energy. Most of the electricity or heat is produced through direct combustion. However, a combustible fuel commodity is often generated through the treatment of waste such asethanoland methane, among others.
The waste-to-energy market is expected to grow significantly over the next five years, owing to growing concerns about waste disposal and a growing focus on the generation of clean energy in many parts of the world. This advanced technology helps in reducing the waste disposed of in landfills, thereby reducing greenhouse gases. Furthermore, it helps in the recycling of waste, which also reduces the harmful impact of waste on the environment. Waste-to-energy facilities are often considered the only facilities that help mitigate adverse climate changes as they reduce the burning of fossil fuels and can further reduce the harmful emissions being produced to the environment. Various governments worldwide are taking the necessary steps to protect the environment. That has also led to an upsurge in the investments being made in waste-to-energy facilities in both developed and underdeveloped economies, which, in turn, is significantly shaping the market growth throughout the forecast period. Furthermore, the increased focus on waste management is further positively impacting the market growth. Numerous regulations are being implemented in many countries for the proper disposal and treatment of waste for energy generation purposes because of limited land areas in many parts of the world.
Governments are taking the necessary steps to implement numerous sustainable and effective waste management solutions, and waste to energy is considered an integral part. With a growing emphasis on renewable energy, rising fossil fuel prices, and a desire to reduce reliance on fossil fuels, many countries are investing in alternative energy sources. Several regional governments are investing in waste-to-energy facilities to benefit from it.
Waste-to-Energy Market Drivers
Rapid urbanization and industrialization are playing a significant role in the global waste-to-energy market.One of the key factors anticipated to propel the business growth opportunities for manufacturers is the rapid urbanization and industrialization in both the developed and developing economies of the world. With growing industrialization and urbanization, commercial and residential waste generation has also increased significantly. Additionally, the continuously rising demand for energy globally due to a rising population, rapid industrialization, and urbanization is one of the key drivers for market growth throughout the forecast period. The burgeoning demand for strong heating and cooling needs in some of the regions is also projected to be one of the factors responsible for boosting the energy demand. The movement toward sustainable development is also projected to boost investments in clean energy projects in many countries, increasing the demand for waste-to-energy systems and thus positively impacting the market growth for the next five years.
Waste-to-Energy Market Geographical Outlook:
Europe and Asia-Pacific regions are expected to witness promising growth over the forecast period.Based on geography, the waste-to-energy market has been segmented into North America, South America, Europe, the Middle East and Africa, and the Asia-Pacific. The European region is projected to hold a considerable market share throughout the next five years, majorly due to the favorable government policies that further support investments in waste-to-energy plants, such as landfill taxes and carbon taxes, among others.
The APAC region is also anticipated to show promising growth opportunities for manufacturers over the next five years due to the inclination of the government toward waste management and increasing investments in waste-to-energy projects in major emerging countries like India, China, and Indonesia, among others.
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Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive IntelligenceReport Coverage:
- Historical data & forecasts from 2022 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
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- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
The Waste-to-Energy market is segmented and analyzed as follows:
By Technology
- Thermal
- Biological
By Offering
- Solutions
- Services
By Geography
- North America
- South America
- Europe
- Middle East and Africa
- Asia-Pacific
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. WASTE TO ENERGY MARKET BY TECHNOLOGY
6. WASTE TO ENERGY MARKET BY OFFERING
7. WASTE TO ENERGY MARKET BY GEOGRAPHY
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
9. COMPANY PROFILES
Companies Mentioned
- Hitachi Zosen Corporation
- SUEZ SA
- MITSUBISHI HEAVY INDUSTRIES, LTD.
- EQT
- Veolia
- Acciona, S.A.
- China Everbright Environment Group Limited
- A2A S.p.A.
- Waste to Energy Systems, LLC
- CNIM
- MARTIN GMBH
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 125 |
| Published | December 2024 |
| Forecast Period | 2025 - 2030 |
| Estimated Market Value ( USD | $ 43.42 Billion |
| Forecasted Market Value ( USD | $ 57.24 Billion |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
