Europe Waste-to-Energy Market Introduction and Overview
According to SPER Market Research, the Europe Waste-to-Energy Market is estimated to reach USD 49.24 Billion by 2033 with a CAGR of 12.2%.
The report includes an in-depth analysis of the Europe Waste-to-Energy Market, including market size and trends, product mix, applications, and supplier analysis. Waste is defined as any substance or undesired material that emerges from a human activity or process. Municipal solid waste generation rates are impacted by economic development, industrialization level, public habits, and local climate. In general, as economic development increases, so does the amount of municipal solid garbage generated. Waste-to-energy is the process of generating energy in the form of electricity and/or heat by first treating waste or turning it into fuel. This technique uses physical, thermal, and biological technologies.
- September 2022: Fortum revealed that it is expanding its UK operations and is beginning to create a new WtE factory in Scotland. The market launch is a significant step forward in the company's objective to overhaul the WtE industry with its revolutionary Carbon2x idea, which has already completed the first round of pilot testing. The idea was to absorb emissions from garbage incineration and convert them into valuable CO2-based, high-quality raw materials. Furthermore, Carbon2x will help reduce Europe's reliance on fossil-based raw resources, increase self-sufficiency, and decarbonise waste incineration.
- July 2022: Rome's mayor, to whom the government has delegated regional waste management until 2026, announced the construction of an incinerator within the city for all unsorted waste, which is expected to account for 43% of all waste by 2026 if it is not treated prior to burning, rather than treating it as non-recoverable waste.
Market Opportunities and Challenges
Over the medium term, factors such as expanding trash generation, growing concern about waste management to fulfil the need for sustainable urban living, and a growing emphasis on non-fossil fuel energy sources are expected to drive demand for waste-to-energy in the region. Emerging waste-to-energy technologies, such as Dendro Liquid Energy (DLE), which generates electricity four times more efficiently and has no emission discharge or effluence issues at plant locations, are likely to create significant opportunities for market players throughout the projection period. The market is expected to expand rapidly because to increased concern about GHG emissions and new EU laws to reduce carbon footprint. Growing environmental concerns and climate change have prompted several governments throughout the world to take initiatives to reduce their carbon footprint in the industrial sector and adopt waste-to-energy technologies.
On the other hand, market expansion is projected to be limited by the high cost of incinerators, as energy prices fall and numerous units are unable to meet operating costs. Furthermore, several European governments intend to prioritise recycling, which saves three to five times more energy and thus limits the waste-to-energy industry. Moreover, obstacles such as large initial capital investments, public opposition to garbage incineration facilities, and worries about air pollutants and ash disposal impede market growth. Addressing these obstacles while capitalising on driving factors is critical for long-term development and growth in Europe's waste-to-energy business.
Market Competitive Landscape
The European waste-to-energy (WTE) sector is moderately fragmented. The market is competitive because market players engage in company expansion efforts across the value chain through collaborations and partnerships. The major key players in the Europe Waste-to-Energy Market are: A2A SpA, Martin GmbH, Mitsubishi Heavy Industries Ltd, Suez SA, STEAG Energy Services GmbH, Veolia Environnement SA, Wheelabrator Technologies, Hitachi Zosen Corp, Others.
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
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| Regions covered | Austria, France, Germany, Italy, Netherlands, Russia, Spain, Sweden, U.K., Rest of Europe
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| Companies Covered | A2A SpA, Martin GmbH, Mitsubishi Heavy Industries Ltd, Suez SA, STEAG Energy Services GmbH, Veolia Environnement SA, Wheelabrator Technologies, Hitachi Zosen Corp, Others
|
COVID-19 Impact on Europe Waste-to-Energy Market
The COVID-19 pandemic has had a mixed influence on Europe's waste-to-energy economy. While lockdowns and restricted industrial activity caused initial disruptions, subsequent changes to remote work and increased healthcare waste generation boosted demand further. Furthermore, a renewed focus on long-term recovery efforts following the epidemic has pushed investments in waste management infrastructure, particularly waste-to-energy systems. However, supply chain disruptions and financial uncertainty continue to provide problems, necessitating adaptive methods for market players navigating this changing terrain.
Key Target Audience:
- Government and Regulatory Bodies
- Municipalities and Local Authorities
- Energy Companies and Utilities
- Investors and Financial Institutions
- Waste Management Companies
- Industrial Sectors
- Environmental Organizations
- Technology Providers
- Research Institutions and Academia
- Others
Our in-depth analysis of the Europe Waste-to-Energy Market includes the following segments:
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By Technology: |
Biological
Physical
Thermal
Gasification
Incineration
Pyrolysis
|
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By Region: |
Austria
France
Germany
Italy
Netherlands
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Key Topics Covered in the Report:
- Europe Waste-to-Energy Market Size (FY’2024-FY’2033)
- Overview of Europe Waste-to-Energy Market
- Segmentation of Europe Waste-to-Energy Market By Technology (Biological, Physical, Thermal)
- Statistical Snap of Europe Waste-to-Energy Market
- Expansion Analysis of Europe Waste-to-Energy Market
- Problems and Obstacles in Europe Waste-to-Energy Market
- Competitive Landscape in the Europe Waste-to-Energy Market
- Impact of COVID-19 and Demonetization on Europe Waste-to-Energy Market
- Details on Current Investment in Europe Waste-to-Energy Market
- Competitive Analysis of Europe Waste-to-Energy Market
- Prominent Players in the Europe Waste-to-Energy Market
- SWOT Analysis of Europe Waste-to-Energy Market
- Europe 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 Europe 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. Europe Waste-to-Energy Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Waste-to-Energy Market
7. Europe Waste-to-Energy Market, By Technology (USD Million)
7.1. Europe Waste-to-Energy Market Value Share and Forecast, By Technology, 2024-2033
7.2. Biological
7.3. Physical
7.4. Thermal
7.4.1. Gasification
7.4.2. Incineration
7.4.3. Pyrolysis
8. Europe Waste-to-Energy Market Forecast, 2020-2033 (USD Million)
8.1. Europe Waste-to-Energy Market Size and Market Share
9. Europe Waste-to-Energy Market, By Technology, 2020-2033 (USD Million)
9.1. Europe Waste-to-Energy Market Size and Market Share By Technology (2020-2026)
9.2. Europe Waste-to-Energy Market Size and Market Share By Technology (2027-2033)
10. Europe Waste-to-Energy Market, By Region, 2020-2033 (USD Million)
10.1. Europe Waste-to-Energy Market Size and Market Share By Region (2020-2026)
10.2. Europe Waste-to-Energy Market Size and Market Share By Region (2027-2033)
10.3. Austria
10.4. France
10.5. Germany
10.6. Italy
10.7. Netherlands
10.8. Russia
10.9. Spain
10.10. Sweden
10.11. U.K.
10.12. Rest of Europe
11. Company Profile
11.1. A2A SpA
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Martin GmbH
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Mitsubishi Heavy Industries Ltd
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Suez SA
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. STEAG Energy Services GmbH
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Veolia Environnement SA
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Wheelabrator Technologies
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Others
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. 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.
