Waste to Energy Market Will Be Net Worth to USD 31,892.9 Million Globally by 2019 growing at a CAGR of 8.1% from 2013 to 2019: Transparency Market Research

Albany, NY, March 12, 2015 (GLOBE NEWSWIRE) -- Transparency Market Research has released a new market report titled "Waste to Energy Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019," that defines and segments the global waste to energy market with analysis and forecast of the global revenues. This report observes that the annual revenue of the waste to energy market was USD 18,472.3 million in 2012 and is expected to reach USD 31,892.9 million by 2019, growing at a CAGR of 8.1% from 2013 to 2019.

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Key technology segments analyzed in this study include thermal and biological. In 2012, thermal technology was the largest segment in terms of revenue and accounted for more than 80% of the market share. Thermal segment is witnessing increased demand owing to growing municipal solid waste and increased taxes on landfills. The ability of thermal technology to reduce the amount of waste in terms of volume and weight being land filled has encouraged the use of this technology. Biological technology prefers high moisture content and biodegradable feedstock. Farmers use this method to process their farm waste and produce energy from it. Biological technology has higher growth rate than thermal technology.

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Asia Pacific dominated the global waste to energy market in 2012, and is the leading shareholder with over 40% global market share in terms of revenue. Factors such as development and increasing disposable income in countries such as China, Japan, and India are proving to be a boon for the market in the Asia Pacific region. Europe accounted for about 34% of the total volume share in 2012. Asia Pacific is a potential market for waste to energy and is expected to show healthy growth over the forecast period.

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Some of the key players in Waste to Energy Market include C&G Environmental Protection Holdings Ltd., The Babcock & Wilcox Company, China Everbright International Limited, Foster Wheeler AG, Constructions industrielles de la Méditerranée (CNIM), Xcel Energy, Keppel Seghers, Veolia Environnement, Suez Environment S.A, and Waste Management Inc.

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The Waste to Energy Market has been Segmented as below:

Waste to Energy Market: Technology Analysis

  • Thermal
  • Biological

Waste to Energy Market: Regional Analysis

  • North America
  • Europe
  • AsiaPacific
  • Rest of the World (RoW)

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Source:Transparency Market Research