Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), By Technology (Thermal, Biological, Others) And Competitive Landscape
Product Code: ETC13205017 | Publication Date: Apr 2025 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 | |
As per 6Wresearch
Report Name | Waste-to-Energy Market |
Forecast Period | 2025-2031 |
CAGR | 6.7% |
Market Size | USD 59.2 billion by 2031 |
Growing Sector | Industrial |
The Waste-to-Energy Market report thoroughly covers the market by Technology and Regions. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The waste-to-energy (WtE) market presents an essential solution to two significant obstacles - waste management and renewable energy generation. WtE technology is the process of converting municipal solid waste, industrial waste, and non-recyclable waste into usable energy forms such as electricity, heat, or fuel. Governments and private sectors are investing in WtE technologies (e.g., incineration, anaerobic digestion, gasification, pyrolysis) to address landfill backups and curb greenhouse gas emissions.
Waste-to-Energy Market is expected to grow at a significant CAGR of 6.7% during the forecast period 2025-2031. The increasing urgency of waste management and evolving renewable energy demand is the primary driver of the waste-to-energy market. Waste generation has increased virtually everywhere as urbanization and industrialization grow, prompting governments and entities to seek sustainable waste disposal solutions. Waste-to-energy systems reduce waste dependency on landfills and create energy making them a compelling option to solve the environmental and energy dilemma. The market, is further enhanced by government initiatives to support WtE through tax incentives and funding for WtE projects.
Despite these drivers, the market also faces significant challenges. High capital investment and operational costs can deter widespread adoption of WtE technologies, particularly in developing economies with limited financial resources. Public concerns regarding the environmental impact, such as air pollution from incineration processes, also pose obstacles to Waste-to-Energy Market growth.
The waste-to-energy (WtE) market is witnessing a surge in interest due to escalating waste generation and the increasing need for sustainable energy alternatives. Governments across the globe are strengthening policies to encourage waste-to-energy adoption, particularly through subsidies, tax incentives, and stricter waste management regulations. Technological advancements such as next-generation incineration methods and gasification processes are further propelling the WtE sector. Additionally, the rising focus on circular economy practices is aligning with WtE solutions, which effectively complement strategies for reducing landfill dependency and maximizing resource recovery.
The WtE market presents significant investment opportunities driven by growing urbanization, industrialization, and the shift towards renewable energy sources. Developing countries, in particular, offer fertile ground for investments as they work to address mounting waste management issues and electricity shortages. Collaborations between private enterprises and governments in public-private partnerships (PPPs) are becoming increasingly prevalent, offering lucrative avenues for long-term gains. Furthermore, the development of modular and scalable WtE technologies is attracting investments from venture capitalists and green energy advocates, facilitating market expansion into untapped regions.
The waste-to-energy (WtE) market is spearheaded by prominent players such as Veolia Environment, Suez, Covanta Holding Corporation, and Hitachi Zosen Corporation. These entities dominate the industry through robust technology advancements, strategic partnerships, and a strong presence.
Government regulations play a crucial role in shaping the WtE market by promoting cleaner energy alternatives and devising policy frameworks for sustainable waste management. Many countries have introduced incentives such as tax benefits, subsidies, and mandatory recycling quotas to encourage investments in WtE technologies. The European Union, for instance, has established rigorous standards through the Waste Framework Directive, while countries like China and India have introduced regulations to address waste accumulation and energy needs. These policies are critical in fostering the growth of the WtE sector, ensuring compliance with environmental goals, and encouraging adoption on a scale.
The future of the waste-to-energy market looks promising, driven by urbanization, population growth, and rising demand for renewable energy sources. Advancements in technologies like plasma gasification, anaerobic digestion, and advanced incineration methods are expected to redefine efficiencies while minimizing environmental impact. Additionally, the expansion of WtE facilities in emerging economies with significant waste management challenges presents a massive opportunity for market growth.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
Among the different technologies, thermal methods, such as incineration, dominate the Waste-to-Energy market due to their efficiency in reducing waste volume and generating electricity. Biological technologies, which include anaerobic digestion and composting, are growing steadily as they align with the demand for sustainable and eco-friendly solutions.
According to Ravi Bhandari, Research Head, 6Wresearch, North America leads the Waste-to-Energy (WtE) market due to the region's advanced infrastructure and significant government support for sustainable energy projects. Europe closely follows, driven by stringent environmental regulations and widespread adoption of circular economy practices.
Themarketreport provides a detailed analysis of the following market segments:
Waste-to-Energy Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Waste-to-Energy Market Overview |
3.1 Regional Macro Economic Indicators |
3.2 Waste-to-Energy Market Revenues & Volume, 2021 & 2031F |
3.3 Waste-to-Energy Market - Industry Life Cycle |
3.4 Waste-to-Energy Market - Porter's Five Forces |
3.5 Waste-to-Energy Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Waste-to-Energy Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Waste-to-Energy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Waste-to-Energy Market Trends |
6 Waste-to-Energy Market, 2021 - 2031 |
6.1 Waste-to-Energy Market, Revenues & Volume, By Technology, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Waste-to-Energy Market, Revenues & Volume, By Thermal, 2021 - 2031 |
6.1.3 Waste-to-Energy Market, Revenues & Volume, By Biological, 2021 - 2031 |
6.1.4 Waste-to-Energy Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.3.1 Overview & Analysis |
7 North America Waste-to-Energy Market, Overview & Analysis |
7.1 North America Waste-to-Energy Market Revenues & Volume, 2021 - 2031 |
7.2 North America Waste-to-Energy Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Waste-to-Energy Market, Revenues & Volume, By Technology, 2021 - 2031 |
8 Latin America (LATAM) Waste-to-Energy Market, Overview & Analysis |
8.1 Latin America (LATAM) Waste-to-Energy Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Waste-to-Energy Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Waste-to-Energy Market, Revenues & Volume, By Technology, 2021 - 2031 |
9 Asia Waste-to-Energy Market, Overview & Analysis |
9.1 Asia Waste-to-Energy Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Waste-to-Energy Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Waste-to-Energy Market, Revenues & Volume, By Technology, 2021 - 2031 |
10 Africa Waste-to-Energy Market, Overview & Analysis |
10.1 Africa Waste-to-Energy Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Waste-to-Energy Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Waste-to-Energy Market, Revenues & Volume, By Technology, 2021 - 2031 |
11 Europe Waste-to-Energy Market, Overview & Analysis |
11.1 Europe Waste-to-Energy Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Waste-to-Energy Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Waste-to-Energy Market, Revenues & Volume, By Technology, 2021 - 2031 |
12 Middle East Waste-to-Energy Market, Overview & Analysis |
12.1 Middle East Waste-to-Energy Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Waste-to-Energy Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Waste-to-Energy Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Waste-to-Energy Market, Revenues & Volume, By Technology, 2021 - 2031 |
13 Waste-to-Energy Market Key Performance Indicators |
14 Waste-to-Energy Market - Export/Import By Countries Assessment |
15 Waste-to-Energy Market - Opportunity Assessment |
15.1 Waste-to-Energy Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Waste-to-Energy Market Opportunity Assessment, By Technology, 2021 & 2031F |
16 Waste-to-Energy Market - Competitive Landscape |
16.1 Waste-to-Energy Market Revenue Share, By Companies, 2024 |
16.2 Waste-to-Energy Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |