Pune, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Global Waste-To-Energy Market (WTE Market) size is expected to gain momentum owing to the increasing investment in R&D activities during the forecast period. This information is published in our latest report, titled, “Global WTE (Waste-to-Energy) Market, 2022-2028.” WTE (Waste-to-Energy) is an energy recovery process and technology for generating energy in the form of heat or electricity from waste that has undergone basic treatment. The majority of WTE processes either directly produce heat or electricity through thermal combustion or generate a combustible fuel commodity, such as methanol, methane, synthetic fuels, or ethanol. The WTE (Waste-to-Energy) market growth is being fueled by an increase in demand for incineration and an increase in public WTE spending. Furthermore, rising consumer interest in effective and simple WTE conversion procedures like incineration, gasification, pyrolysis, and other biochemical treatments, including aerobic and anaerobic digestion, is expected to enhance market growth significantly.
The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
- EEW Energy from Waste
- GGI
- GreenEfW Investments Limited
- Enerkem
- Covanta Burnaby Renewable Energy
- Plasco Energy Group Inc.
- Wheelabrator Technologies
- CNTY
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COVID-19 Impact-
COVID-19 has wreaked havoc on the global economy, interrupting the operations of important businesses such as recycling, garbage disposal, and energy generation. The industries are either closed or operating under severe conditions, such as fewer personnel and shorter working hours. In the recycling and energy generation industries, the pandemic produced manpower and raw material shortage. Because of the severity of the impact, some waste-to-energy plants may be forced to close. Due to a labor shortage, manufacturers' output has been suspended. As a result, production output was reduced, resulting in economic losses.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
- Incineration
- Other
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
- Power Station
- Agriculture
- Metallurgy
- Others
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Asia Pacific is expected to hold the largest global WTE (Waste-to-Energy) market share during the forecast period. In recent years, the waste-to-energy business in the region has seen tremendous growth. With the government's increased efforts in adopting better MSW management practices, providing incentives for waste-to-energy projects in the form of capital subsidies and feed-in tariffs, and providing financial support for R&D projects on a cost-sharing basis, it has dominated the market around the world.
Rising research and development (R&D) initiatives aimed at improving efficiency, and industry efforts to lower technology-related costs, are just a few of the crucial strategies used by significant industry participants.
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Detailed TOC of Global WTE(Waste-to-Energy) Market Growth 2022-2028:
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global WTE(Waste-to-Energy) Annual Sales 2017-2028
2.1.2 World Current & Future Analysis for WTE(Waste-to-Energy) by Geographic Region, 2017, 2022 & 2028
2.1.3 World Current & Future Analysis for WTE(Waste-to-Energy) by Country/Region, 2017, 2022 & 2028
2.2 WTE(Waste-to-Energy) Segment by Type
2.2.1 Incineration
2.2.2 Other
2.3 WTE(Waste-to-Energy) Sales by Type
2.3.1 Global WTE(Waste-to-Energy) Sales Market Share by Type (2017-2022)
2.3.2 Global WTE(Waste-to-Energy) Revenue and Market Share by Type (2017-2022)
2.3.3 Global WTE(Waste-to-Energy) Sale Price by Type (2017-2022)
2.4 WTE(Waste-to-Energy) Segment by Application
2.4.1 Power Station
2.4.2 Agriculture
2.4.3 Metallurgy
2.4.4 Others
2.5 WTE(Waste-to-Energy) Sales by Application
2.5.1 Global WTE(Waste-to-Energy) Sale Market Share by Application (2017-2022)
2.5.2 Global WTE(Waste-to-Energy) Revenue and Market Share by Application (2017-2022)
2.5.3 Global WTE(Waste-to-Energy) Sale Price by Application (2017-2022)
3 Global WTE(Waste-to-Energy) by Company
3.1 Global WTE(Waste-to-Energy) Breakdown Data by Company
3.1.1 Global WTE(Waste-to-Energy) Annual Sales by Company (2020-2022)
3.1.2 Global WTE(Waste-to-Energy) Sales Market Share by Company (2020-2022)
3.2 Global WTE(Waste-to-Energy) Annual Revenue by Company (2020-2022)
3.2.1 Global WTE(Waste-to-Energy) Revenue by Company (2020-2022)
3.2.2 Global WTE(Waste-to-Energy) Revenue Market Share by Company (2020-2022)
3.3 Global WTE(Waste-to-Energy) Sale Price by Company
3.4 Key Manufacturers WTE(Waste-to-Energy) Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers WTE(Waste-to-Energy) Product Location Distribution
3.4.2 Players WTE(Waste-to-Energy) Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2020-2022)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
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