China Waste to Energy Market Overview
According to SPER Market Research, the China Waste to Energy Market is estimated to reach USD XX billion by 2033 with a CAGR 4.98%.
Waste-to-energy is a process that turns waste resources, such garbage, into energy. Waste may be turned into energy that can be utilized to power homes, businesses, and even entire cities rather than simply being disposed of in landfills or burned. The waste materials are burned at high temperatures to produce steam as part of the process. Turbines are then powered by the steam to produce electricity. Homeowners, business owners, and even electric automobiles can use this energy.
Exploring the Growth Drivers of the China Waste to Energy Industry
The increasing amount of waste produced continuously is one of the key factors driving the waste-to-energy business. The amount of waste produced likewise grows as populations rise and people consume more goods and products. Government laws and policies are another driver in the waste-to-energy business. Targets have been set by several nations worldwide to cut carbon emissions and switch to better energy sources. By offering a sustainable energy source that emits fewer greenhouse gas emissions than conventional fossil fuels, waste-to-energy technologies can aid in the achievement of these goals. In conclusion, the market for waste-to-energy is growing as a result of rising waste production, the demand for alternative energy sources, and government policies and regulations targeted at lowering carbon emissions.
What challenges does the China Waste to Energy Market face?
The waste-to-energy market in China faces with a number of challenges. The difficulty of securing a consistent supply of waste to use as fuel for the waste-to-energy facilities is one of the main obstacles. This is due to the fact that a significant amount of China's trash is still being dumped in landfills rather than facilities for turning waste into energy. Another challenge is the high expense of constructing and operating waste-to-energy systems. This can make it difficult for businesses to invest in these facilities, especially if a reliable source of garbage to use as fuel is unavailable.
In what ways has the COVID-19 pandemic affected China Waste to Energy Market?
The epidemic of COVID-19 has had a huge influence on China's waste-to-energy (WTE) market. Because of its huge population, China creates a lot of waste, making WTE an important sector. However, the pandemic has resulted in a number of changes in the WTE market. Many industries and businesses shut down in the early stages of the pandemic, which reduced the amount of waste produced. The WTE market, which depends on waste to produce energy, has been impacted by this drop in waste generation. Due to disruptions in the supply chain and restrictions on travel and movement, the pandemic has also caused delays in the construction of WTE facilities. Some projects have been put on hold or cancelled as a result of this delay.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Technology, By Waste Type, By Application
|
Regions covered | Northern Region, Southern Region, Eastern Region, Western Region.
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Companies Covered | Babcock & Wilcox Enterprises Inc, China Everbright International Limited, Covanta Holding Corporation, Veolia Environment SA, Zheneng Jinjiang Environment Holdings Co Ltd.
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Key Target Audience:
- Waste management Companies
- Energy Companies
- Industrial facilities
- Governments
- Municipalities
China Waste to Energy Market Segmentation:
1. By Technology:
- China Waste to Energy Market Value Share and Forecast, By Technology, 2023-2033
- Thermochemical
- Biochemical
2. By Waste Type:
- China Waste to Energy Market Value Share and Forecast, By Waste Type, 2023-2033
- Municipal Solid Waste
- Process Waste
- Agriculture Waste
- Others
3. By Application:
- China Waste to Energy Market Value Share and Forecast, By Application, 2023-2033
- Electricity
- Heat
4. By Region:
- North China
- Northeast China
- East China
- South Central China
- Southwest China
Key Topics Covered in the Report:
- China Waste to Energy Market Size (FY’2023-FY’2033)
- Overview of China Waste to Energy Market
- Segmentation of China Waste to Energy Market By Technology (Thermochemical, Biochemical)
- Segmentation of China Waste to Energy Market By Waste Type (Municipal Solid Waste, Process Waste, Agriculture Waste, Others)
- Segmentation of China Waste to Energy Market By Application (Electricity, Heat)
- Statistical Snap of China Waste to Energy Market
- Growth Analysis of China Waste to Energy Market
- Problems and Challenges in China Waste to Energy Market
- Competitive Landscape in the China Waste to Energy Market
- Impact of COVID-19 and Demonetization on China Waste to Energy Market
- Details on Recent Investment in China Waste to Energy Market
- Competitive Analysis of China Waste to Energy Market
- Key Players in the China Waste to Energy Market
- SWOT Analysis of China Waste to Energy Market
- China Waste to Energy Market Future Outlook and Projections (FY’2023-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 China 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. China Waste to Energy Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in China Waste to Energy Market
7. China Waste to Energy Market, By Technology (USD Million)
7.1. China Waste to Energy Market Value Share and Forecast, By Technology, 2023-2033
7.2. Thermochemical
7.3. Biochemical
8. China Waste to Energy Market, By Waste Type (USD Million)
8.1. China Waste to Energy Market Value Share and Forecast, By Waste Type, 2023-2033
8.2. Municipal Solid Waste
8.3. Process Waste
8.4. Agriculture Waste
8.5. Others
9. China Waste to Energy Market, By Application (USD Million)
9.1. China Waste to Energy Market Value Share and Forecast, By Application, 2023-2033
9.2. Electricity
9.3. Heat
10. China Waste to Energy Market Forecast, 2019-2033 (USD Million)
10.1. China Waste to Energy Market Size and Market Share
11. China Waste to Energy Market, By Technology, 2019-2033 (USD Million)
11.1. China Waste to Energy Market Size and Market Share by Technology (2019-2026)
11.2. China Waste to Energy Market Size and Market Share by Technology (2027-2033)
12. China Waste to Energy Market, By Waste Type, 2019-2033 (USD Million)
12.1. China Waste to Energy Market Size and Market Share by Waste Type (2019-2026)
12.2. China Waste to Energy Market Size and Market Share by Waste Type (2027-2033)
13. China Waste to Energy Market, By Application, 2019-2033 (USD Million)
13.1. China Waste to Energy Market Size and Market Share by Application (2019-2026)
13.2. China Waste to Energy Market Size and Market Share by Application (2027-2033)
14. China Waste to Energy Market, By Region, 2019-2033 (USD Million)
14.1. China Waste to Energy Market Size and Market Share by Region (2019-2026)
14.2. China Waste to Energy Market Size and Market Share by Region (2027-2033)
14.3. North China
14.4. Northeast China
14.5. East China
14.6. South Central China
14.7. Southwest China
15. Company Profile
15.1. Babcock & Wilcox Enterprises Inc.
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. China Everbright International Limited.
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Covanta Holding Corporation
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Veolia Environment SA
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Zheneng Jinjiang Environment Holding Co Ltd.
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
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.