Efforts to Reduce Energy Supply Deficits Crucial for Waste-to-energy Technologies Market, says TMR

Transparency Market Research’s new market study on the global waste-to-energy technologies market provides valuable insights on the growth of this market for the forecast period from 2016 to 2023. The report is titled “Waste-to-energy Technologies Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2023.” The report presents a comprehensive analysis of current market trends, growth drivers, and restraints that will influence the development of this market during the forecast period.

It analyzes the development of the global waste-to-energy technologies market across North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa for the aforementioned forecast period.

According to estimates of the World Bank, the amount of waste that is generated will reach 11 million tonnes per day by 2100. This extends massive administrative and logistical challenges for both developing and developed countries. While waste can be used in countless energy production programs, its potential has so far been underutilized. In this light, waste-to-energy initiatives necessitate the application of techniques that can help derive valuable energy from waste products.

At present, the filling of landfills to the brim is mounting pressure on industries to either reduce the amount of waste generated or make it reusable to generate energy. This use of waste-to-energy technologies enables to do this.

In recent years, the dramatic increase in the global population has led to an exponential increase in the amount of waste that is generated. This is the primary factor fuelling the adoption of waste-to-energy technologies for environment conservation reasons and to fulfill the energy needs to some extent. Moreover, waste-to-energy is emerging as a sustainable option to lower greenhouse gas emissions that are happening due to rapid urbanization and increasing purchasing power of consumers.

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In this scenario, key policymakers will either have to increase the capacities of existing landfills or will need to consider investing in waste-to-energy plants. To keep up with the increasing thrust on renewable energy and lowering carbon emissions, the latter seems to be a viable option. This will not only require planning for the development of new waste-to-energy plants, but also deployment of newer technologies for the conversion of waste into energy. Investments in this space also offer attractive returns in terms of production of renewable energy from waste and retrieval of metals from waste.

Asia Pacific stands as a leading region for waste-to-energy technologies and will also spearhead the growth of the global market in the coming years. This is because China has positioned itself as a trendsetter in the global market for waste-to-energy technologies. Europe is expected to trail Asia Pacific in the waste-to-energy technologies market over the report’s forecast period.

Leading players in the waste-to-energy technologies market are Foster Wheeler, China Everbright, and ABB.

Will the Future of Landfills be Dominated by Waste-to-Energy Technologies?

Several countries across the globe are devising ways to approach the subject waste disposal in environmental ways. For instance, EU has implemented a strict regulatory framework pertaining to disposal of waste, which in turn has forced member states to actively take part in incentivizing waste management solutions through recycling facilities.

Q. What is Waste-to-Energy Technology?

A. Waste-to-energy or WTE technologies use municipal solid waste or any waste material to generate heat, electricity, and fuel through several complex conversion methods. Today, municipal waste and other types of waste materials are being considered as potential sources of energy as they contain huge amounts of renewable and biological materials. The considerable amount of municipal solid waste around the world as given the waste-to-energy technologies a new lease of life and the much-needed impetus. Several environmentalists and other players such as Foster Wheeler, ABB, and China Everbright are working towards commercializing these waste materials into a viable fuel source.

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Q. What Makes Thermal Technologies Popular than Biological Technologies in WTE Market?

A. The two main technologies currently used for generating energy by using waste materials are biological and thermal. The biological technologies used for turning waste into energy include anaerobic digestion, fermentation, and methane capture. On the other hand, the thermal energy types employed for creating energy from waste are thermal gasification, incineration, and plasma-arc gasification. Out of the two, thermal technologies are popularly used for generating energy through waste as it is comparatively simpler. The only concern looming over the growth of thermal WTE generation is the hazardous impact of flue gases that are a collateral damage of these processes. However, this segment is poised to benefit from desulfurization of flue gas that will curb the emission of harmful gases into the atmosphere.

Q. What Will Drive the Global Waste-to-Energy Market?

A. According to the World Bank, the waste generated all over the world is estimated to triple by 2100 to reach 11 million tons per day. In addition to this, the overflowing landfills are also pressurizing several industry players to reduce the amount of waste they create or recycle and reuse it for other purposes. The evolution of waste-to-energy technologies has created feasible opportunities for allowing the constructive use of this waste, which is expected to boost the demand for waste-to-energy technologies across the globe.

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Furthermore, the rising population, rampant urbanization, and immeasurable amount of waste being generated are all expected to contribute towards the growth of waste-to-energy technologies market. The need of nations to reduce their carbon footprint and create sustainable energy solutions will also drive this market.

A research report published by Transparency Market Research states that China is leading the global waste-to-energy market, a trend that is helping Asia Pacific region to surge ahead of the others. Researchers are predicting that Asia Pacific region will spearhead the global waste-to-energy technologies market in the coming years, with Europe in tow in the coming years. For instance, Danish firms Gottlieb Paludan Architects and Schmidt Hammer Lassen Architects have been awarded a project to design waste-to-energy power plant in China’s Shenzhen region. This plant is expected to the largest plant ever as it is proposed to use 5,000 tons of waste every day, which will amount to one third of the total waste created by Shenzhen’s 20 million inhabitants each year.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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Waste-to-energy Technologies Market Segment Forecasts up to 2023, Research Reports:TMR

Global Waste-to-Energy Technologies Market: Overview

According to the World Bank, the amount of waste generated across the world will triple by 2100 to reach 11 million tonnes per day. This presents a massive logistical and administrative challenge for both developed and developing countries. Waste has the potential to be used in countless energy-generation programs, but its potential has hitherto remained underutilized. The concept of waste-to-energy entails the application of techniques that help extract valuable energy from waste products.

Complete Waste-to-energy Technologies Market Report with TOC : http://www.transparencymarketresearch.com/waste-to-energy-technologies-market.html

At a time when landfills are choking with nonbiodegradable waste, there is increasing pressure on industry participants to either reduce the amount of waste generated or reuse trash to generate energy in the form of heat or electricity. Waste-to-energy technologies make that possible.

The demand for efficient technologies that can help convert waste into energy is rising because of the increase in the volume of waste generated around the world every day. Thermal and biological technologies are commonly used to convert waste into energy.

The key thermal energy types used to obtain energy from waste are: incineration, thermal gasification, and plasma-arc gasification. Likewise, the major biological technologies employed to use waste as an energy generation medium are: fermentation, methane capture, and anaerobic digestion.

This report examines the state of the global waste-to-energy technologies market and forecasts growth through 2023. For a detailed analysis of the global waste-to-energy technologies market, the report segments the market on the basis of criteria such as technology type and geography. Each subsegment is individually studied to forecast its growth rate and size in terms of revenue.

Global Waste-to-energy Technologies Market: Key Trends and Opportunities

Factors that are fuelling the adoption of waste-to-energy technologies are largely centered on the dramatic increase in population and, consequently, the increase in the amount of waste generated. Other factors that are contributing favorably to the growth of the global waste-to-energy technologies market are rapid urbanization and growing purchasing power of consumers. Against this backdrop, waste-to-energy is emerging as a viable option to lower the carbon footprint.

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A high number of waste-to-energy plants are located in Asia Pacific and Europe. A number of new waste-to-energy plants are planned around the world, which will help increase the amount of energy generated from waste over the next few years.

In the years ahead, key policymakers will either have to increase landfill capacity or consider investing in waste-to-energy plants. In view of the increased thrust on renewable energy and reducing carbon emissions, the latter might emerge as a more viable option. This will necessitate the deployment of highly different technologies to convert waste into energy.

New technologies to convert waste into energy are currently being developed and these will aid the growth of the market further. Investors in this space are primarily encouraged by the following attractive returns: the generation of renewable energy from waste and the recovery of metals from waste.

Global Waste-to-energy Technologies Market: Regional Outlook

China has established itself as a trendsetter in the global waste-to-energy market and can be credited for the strong growth forecast for the Asia Pacific (APAC) waste-to-energy technologies market. Thus, the growth of the global waste-to-energy technologies market will be spearheaded by the APAC region. Europe is projected to follow APAC over the report’s forecast period.

Leading players in the global waste-to-energy technologies market include: Foster Wheeler, ABB, and China Everbright.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

• North America
• Asia Pacific
• Europe
• Middle East and Africa
• Latin America

This report provides comprehensive analysis of

• Market growth drivers
• Factors limiting market growth
• Current market trends
• Market structure
• Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report

This report provides pin-point analysis for changing competitive dynamics

• It provides a forward looking perspective on different factors driving or restraining market growth
• It provides a six-year forecast assessed on the basis of how the market is predicted to grow
• It helps in understanding the key product segments and their future
• It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
• It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
• It provides distinctive graphics and exemplified SWOT analysis of major market segments

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr.Sudip.S

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com/