Asia Pacific Waste to Energy Market Growth, Size, Trends, Share, Revenue and Future Outlook: SPER Market Research

Q: How can I get a sample report on the Asia Pacific Waste to Energy Market?

You can get the sample pages by clicking the link - Click Here

Published: Jul 2024	Report ID: POAE2464	Pages: 1 - 152	Formats^*:
Category : Power & Energy

Asia Pacific Waste to Energy Market Introduction and Overview

According to SPER Market Research, the Asia Pacific Waste to Energy Market is estimated to reach USD XX million by 2033 with a CAGR 3.05%.

The report includes an in-depth analysis of the Asia Pacific Waste to Energy Market, including market size and trends, product mix, distribution channels, and supplier analysis. Waste to energy refers to the process of treating waste through the application of various technologies, including thermochemical and biochemical processes, in order to produce energy in the form of heat or electricity. Given that waste energy is a significant renewable energy source, it is critical to take into account the makeup of the various waste categories. Waste can be utilised to provide energy in a variety of ways, including construction, agriculture, municipal, and medical waste. Several technologies, including chemical, biochemical, and thermochemical conversion, are used in this conversion process.

Vishnu Surya Projects and Infra Limited (VSIL), a large Indian building and infrastructure corporation, announced plans to enter the waste management industry in March 2024. They accomplished this through strategic alliances known as Memorandums of Understanding (MoUs) with Hitachi Zosen India Private Limited and AG Enviro Infra Projects Private Limited.

A memorandum of understanding was signed in March 2024 by EverWind Fuels and Eastward Energy to advance the use of sustainable energy by enhancing Nova Scotia's green hydrogen industry.

Blue Planet Environmental Solutions acquired a portion of Mahindra Waste to Energy Solutions Limited (MWTESL), a business under the Mahindra Group, in February 2024. In order to further activities related to sustainability and the circular economy, this link is crucial.

Market Opportunities and Challenges

Opportunities: Increased industrialization and urbanisation, combined with economic growth, generates waste, poses environmental hazards, and emits carbon dioxide (CO2). Commercial and residential waste production has also increased dramatically as people's lifestyles have changed around the world. Waste to energy plays an important role in achieving the transformation to a sustainable energy ecosystem by serving as an energy source to reduce greenhouse gas (GHG) emissions, a clean demand response option, a design consideration for eco-industrial parks, and, in some cases, the only option for waste treatment at the end of life.

Furthermore, Thermal technologies are expected to command a sizable market share for waste to energy (WTE) conversion in the next years due to ongoing advancements in waste treatment technology. Thermal treatment transforms waste into useful heat or steam, which is subsequently utilised to drive a turbine and generate electricity. Different thermal processes are used by businesses worldwide to produce energy. These mechanisms include, among other things, plasma arc treatment, pyrolysis—which burns waste completely to produce heat—pyrolysis & gasification—which partially burns waste to create an intermediate used for energy recovery or recycling—and incineration—which burns waste completely to produce heat.

Challenges: Governments throughout the world are progressively adopting better municipal solid waste management practices, including the use of various WtE technologies as one of the most viable solutions for MSW disposal and energy generation. Multiple factors influence the selection of WtE technology, and each location need a distinct environment for implementing the best solutions. As a result, the WtE industry is very complicated and fragmented in terms of legislation and regulations, leaving significant untapped potential.

Furthermore, WtE is frequently regarded as a more expensive option for waste disposal and energy generation when compared to other fossil fuel-powered alternatives. There is a gap because the environmental and social benefits of WtE are undervalued in contrast to proven renewable alternatives like wind and solar energy. Furthermore, the scarcity of resources limits waste-to-energy production. As a result, power generation capacity is hampered when compared to other conventional energy resources, necessitating additional consideration in market development for specific factors such as raw material availability and consistency, technology selection, and appropriate regulatory framework conditions, among others.

Get more information on this report: Download Free Sample PDF

Market Competitive Landscape

The Asia-Pacific waste-to-energy market is fragmented. Wood Group Plc, Babcock & Wilcox Enterprises Inc., C&G Environmental Protection Holdings Ltd, Everbright International Ltd, Covanta Holding Corporation, Green Conversion Systems, Inc, and Hitachi Zosen Corporation are among the market's major players.

Scope of the report:

Report Metric	Details
Market size available for years	2020-2033
Base year considered	2023
Forecast period	2024-2033
Segments covered	By Technology, By Type of Waste, By Application
Regions covered	China, Japan, India, South Korea, Australia, Indonesia, Others
Companies Covered	Wood Group Plc, Babcock & Wilcox Enterprises Inc, C&G Environmental Protection Holdings Ltd, Everbright International Ltd, Covanta Holding Corporation, Plantec Asia Pacific Pte Ltd, Hitachi Zosen Corporation, Keppel Seghers, Suez Environnement Company, Mitsubishi Heavy Industries, Ltd.

COVID-19 Impact on Asia Pacific Waste to Energy Market

The COVID-19 epidemic damaged the worldwide economy by halting operations in vital businesses such as garbage recycling and electricity generation. The spread of COVID-19 presented opportunities and dangers to the solid waste management system. In response to the growing pressures of resource consumption and environmental effect, increased emphasis was placed on improving the sustainability of the waste management system. For example, the Sustainable Development Goals (SDGs) emphasise increasing the amount of renewable energy, focusing on MSW management, and lowering waste generation through recycling and re-use. Achieving such worldwide targets required a sustainable solid waste business, such as waste-to-energy (WtE), waste-to-material (WTM), and other waste disposal companies.

Key Target Audience:

Government Bodies and Regulatory Authorities
Waste Management Companies
Energy Companies
Investors and Financial Institutions
Technology Providers
Industrial and Commercial Establishments
Environmental and Non-Governmental Organizations (NGOs)
Research and Academic Institutions
Residential Consumers

Our in-depth analysis of the Asia Pacific Waste to Energy Market includes the following segments:

By Technology:	Thermal Incineration Pyrolysis Gasification Biological Physical
By Type of Waste:	Municipal Waste Agricultural Waste Industrial Waste Others
By Application:	Electricity Heat Combined Heat and Power (CHP) Transport fuels Others

Key Topics Covered in the Report

Asia Pacific Waste to Energy Market Size (FY’2024-FY’2033)
Overview of Asia Pacific Waste to Energy Market
Segmentation of Asia Pacific Waste to Energy Market By Technology (Thermal, Incineration, Pyrolysis, Gasification, Biological, Physical)
Segmentation of Asia Pacific Waste to Energy Market By Type of Waste (Municipal Waste, Agricultural Waste, Industrial Waste, Others)
Segmentation of Asia Pacific Waste to Energy Market By Application (Electricity, Heat, Combined Heat and Power, Transport fuels, Others)
Statistical Snap of Asia Pacific Waste to Energy Market
Expansion Analysis of Asia Pacific Waste to Energy Market
Problems and Obstacles in Asia Pacific Waste to Energy Market
Competitive Landscape in the Asia Pacific Waste to Energy Market
Impact of COVID-19 and Demonetization on Asia Pacific Waste to Energy Market
Details on Current Investment in Asia Pacific Waste to Energy Market
Competitive Analysis of Asia Pacific Waste to Energy Market
Prominent Players in the Asia Pacific Waste to Energy Market
SWOT Analysis of Asia Pacific Waste to Energy Market
Asia Pacific Waste to Energy Market Future Outlook and Projections (FY’2024-FY’2033)
Recommendations from Analyst

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis

4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges

4.2. COVID-19 Impacts of the Asia Pacific Waste to Energy Market

5. Market variable and outlook

5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Asia Pacific Waste to Energy Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia Pacific Waste to Energy Market

7. Asia Pacific Waste to Energy Market, By Technology (USD Million) 2020-2033

7.1. Asia Pacific Waste to Energy Market Size, Share and Forecast, By Technology, 2020-2026
7.2. Asia Pacific Waste to Energy Market Size, Share and Forecast, By Technology, 2027-2033
7.3. Thermal
7.4. Incineration
7.5. Pyrolysis
7.6. Gasification
7.7. Biological
7.8. Physical

8. Asia Pacific Waste to Energy Market, By Type of Waste (USD Million) 2020-2033

8.1. Asia Pacific Waste to Energy Market Size, Share and Forecast, By Type of Waste, 2020-2026
8.2. Asia Pacific Waste to Energy Market Size, Share and Forecast, By Type of Waste, 2027-2033
8.3. Municipal Waste
8.4. Agricultural Waste
8.5. Industrial Waste
8.6. Others

9. Asia Pacific Waste to Energy Market, By Application (USD Million) 2020-2033

9.1. Asia Pacific Waste to Energy Market Size, Share and Forecast, By Application, 2020-2026
9.2. Asia Pacific Waste to Energy Market Size, Share and Forecast, By Application, 2027-2033
9.3. Electricity
9.4. Heat
9.5. Combined Heat and Power (CHP)
9.6. Transport fuels
9.7. Others

10. Asia Pacific Waste to Energy Market Forecast, 2020-2033 (USD Million)

10.1. Asia Pacific Waste to Energy Market Size and Market Share

11. Asia Pacific Waste to Energy Market, By Region, 2020-2033 (USD Million)

11.1. Asia Pacific Waste to Energy Market Size and Market Share By Region (2020-2026)
11.2. Asia Pacific Waste to Energy Market Size and Market Share By Region (2027-2033)
11.3. China
11.4. Japan
11.5. India
11.6. South Korea
11.7. Australia
11.8. Indonesia
11.9. Others

12. Company Profile

12.1. Wood Group Plc
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Babcock & Wilcox Enterprises Inc
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. C&G Environmental Protection Holdings Ltd
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Everbright International Ltd
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Covanta Holding Corporation
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Plantec Asia Pacific Pte Ltd
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Hitachi Zosen Corporation
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Keppel Seghers
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Suez Environnement Company
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Mitsubishi Heavy Industries, Ltd
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments

12.11. Others

13. Conclusion

14. List of Abbreviations

15. Reference Links

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3

Frequently Asked Questions About This Report

How big is the Asia Pacific Waste to Energy Market?

Asia Pacific Waste to Energy Market is projected to reach USD XX Million by 2033, growing at a CAGR of 3.05% during the forecast period.

What is the growth rate of the Asia Pacific Waste to Energy Market?

Asia Pacific Waste to Energy Market grew in Market size from 2024. The Market is expected to reach USD XX Million by 2033, at a CAGR of 3.05% during the forecast period.

What is the anticipated CAGR of the Asia Pacific Waste to Energy Market?

Asia Pacific Waste to Energy Market CAGR of 3.05% during the forecast period.

How can I get a sample report on the Asia Pacific Waste to Energy Market?

You can get the sample pages by clicking the link - Click Here

What is the Market size of the Asia Pacific Waste to Energy Market?

Asia Pacific Waste to Energy Market size is USD XX Million from 2024 to 2033.

Which segment is expected to Asia Pacific Waste to Energy Market?

Asia Pacific Waste to Energy Market is covered By Technology, By Type of Waste, By Application

Which region is expected to have the highest Market share in the Asia Pacific Waste to Energy Market?

The Asia-Pacific is anticipated to have the highest Market share in the Asia Pacific Waste to Energy Market.

Who are the key players in Asia Pacific Waste to Energy Market?

The key players in the Market include Companies Covered Wood Group Plc, Babcock & Wilcox Enterprises Inc, C&G Environmental Protection Holdings Ltd, Everbright International Ltd, Covanta Holding Corporation, Plantec Asia Pacific Pte Ltd, Hitachi Zosen Corporation, Keppel Seghers, Suez Environnement Company, Mitsubishi Heavy Industries, Ltd.

What is the conclusion of the Asia Pacific Waste to Energy Market?

Increased industrialization and urbanisation, combined with economic growth, generates waste, poses environmental hazards, and emits carbon dioxide (CO2).