Waste To Energy Market 2022 Key Players, SWOT Analysis, Drivers, and Forecast to 2026.	
                     Waste To Energy Market 2022 Key Players, SWOT Analysis, Drivers, and Forecast to 2026.
Market Overview:
Waste to Energy (WtE) is the process of energy generation from the treatment of waste. Municipal 
solid wastes, process wastes, medical, and agricultural wastes are used for energy generation. The 
waste consists of both biomass and non-biomass materials such as paper & paperboard, food waste, 
plastic, glass, and metal. Waste to Energy also aids in waste management as it reduces the amount 
of wastes ending up in landfills.
The major drivers for the growth of waste to energy market include the increasing popularity of 
renewable energy resources, high waste generation, stringent regulations regarding waste disposal, 
and world policy regarding climate change such as the Kyoto Protocol and Paris Climate 
Agreement. The restraining factors for the growth of the market include low fossil fuel prices, 
which can be attributed to an oversupply of crude oil and gas due to increased production from 
shale reserves in the U.S. The availability of low cost feedstock has significantly reduced the costs 
of production of conventional plastic.
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Global Waste to Energy Market Outlook:
According to World Bank estimates, the world’s waste generation is projected to nearly double in 
volume by 2025 to reach 6 Mn tons of waste per day. The Organization for Economic Co-operation 
and Development (OECD) member economies accounted for approximately half of the world’s 
waste in 2016. However, waste generation is primarily expected to be driven by emerging 
economies in Latin America and Asia Pacific in near future due to growing consumption of plastics 
across applications such as packaging, construction and consumer goods. Also, a growth in 
developing economies’ waste production is expected to have a positive impact on waste to energy 
market as governments introduce new policy. Government of India’s target for sustainable energy 
generation of 175 GW by 2022 will include 10 GW capacity from waste to energy facilities.
Europe is projected to be the largest market for WtE technologies over the forecast period. High 
generation of industrial waste, coupled with stringent EU-wide waste legislation has led to 
accelerated market growth in the region. West European economies have led the region in terms of 
existing and new capacity additions. For instance, Sweden incinerated 49.5% of its total municipal 
waste in 2015 for heat and power generation.
Global Waste to Energy Market Taxonomy:
By Waste Type:
• Municipal Solid Waste
• Process Waste
• Medical Waste
• Agricultural Waste
By Technology:
• Incineration or Combustion
• Gasification
• Pyrolysis
•  Anaerobic Digestion
• Fermentation
• Landfill with Gas Capture
• Microbial Fuel Cell
• Esterification
By Application:
• Electricity Generation
• Heat Generation
• Combined Heat and Power
• Transport Fuels
Major players operating in the waste to energy market include Austrian Energy & Environment
Group GmbH, Arrow Ecology Ltd., Babcock & Wilcox Vølund A/S, Constructions Industrielles De 
La Editerranée (CNIM), Covanta Energy Corporation, Essent N.V., Haase Energietechnik AG, 
Wood Group, Qinetiq, and Pacific Renewable Fuels Inc.
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