Waste To Energy Market Set to Grow USD 29187.5 Million by 2026
According to the report, The global waste to energy market in 2019 was approximately USD 17940.4 Million. The market is expected to grow above a CAGR of 7.2% and is anticipated to reach over USD 29187.5 Million by 2026.
Energy production technologies dedicated to renewable platforms are contributing at significant level as a replacement for conventional resources. The waste to energy production technologies involved production of energy from waste material. This energy is considered as pure as well as renewable. The waste to energy production technologies are intended to serve the municipal corporation in reducing the waste as well as the emission from the waste. The energy is recovered in form of electricity or steam. There are primarily two classification of waste to energy production technologies namely thermal and biological. The thermal energy production technologies involve pyrolysis, gasification and incineration.
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The waste to energy market research report delivers an acute valuation and taxonomy of the waste to energy industry by practically splitting the market based on technology and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the waste to energy industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the waste to energy industry is provided for the leading economies of the world.
The waste to energy market is segmented based on technology and region. On the basis of technology segmentation, the market is classified into thermal and biological.
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Some of the essential players operating in the waste to energy market, but not restricted to include Suez Environment S.A., Mitsubishi Heavy Industries Ltd, C&G Environmental Protection Holdings, Construction Industrielles de la Mediterranee (CNIM), Waste Management Inc., Babcock & Wilcox Enterprises Inv., A2A SpA, Veolia Environnement SA, Hitachi Zosen Corp, China Everbright International Limited, and China Jinjiang Environment Holding Company Limited.
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