Asia-Pacific Waste to Energy Market: Focus on Technology, Application and Waste Type - Forecast to 2023 - ResearchAndMarkets.com
The "Asia-Pacific
Waste to Energy Market: Focus on Technology (Thermo Chemical and
Bio-Chemical), Application (Heat, Electricity, Combined Heat, and
Power),and Waste Type (Municipal Solid Waste and Agricultural Waste) -
Analysis & Forecast, 2018-2023" report has been added to ResearchAndMarkets.com's
offering.
According to the report, the Asia-Pacific waste to energy market is
expected to reach $13.66 billion by 2023, rising at a CAGR of 15.5% from
2018 to 2023.
This growth is attributed to the increasing amount of residential and
industrial wastes in China and India and the government support for
sustainable energy practices in the region.
In 2018, the thermo chemical technology is expected to dominate the
waste to energy market (by technology). This dominance is due to the
increasing use of the thermo chemical technology in waste to energy
plants as a sustainable alternative to unsanitary landfills in the
majority of countries in the Asia-Pacific region.
Increasing apprehensions related to the proper waste management and the
increasing demand of renewable energy sources for power generation are
driving forces for the growth of the technologies in the Asia-Pacific
waste to energy industry.
However, the high cost of using these technologies in the waste to
energy process, coupled with the complex integrated system, is limiting
the growth. To overcome this concern, the governments of different
countries are focusing on creating awareness regarding the adoption of
these technologies for the conversion process at a larger scale.
Market Dynamics
Drivers
-
Increasing Amount of Waste Generation
-
Increasing Population and GDP
-
Increasing Demand of Renewable Energy for Power Generation
-
Need for Reducing Carbon Footprint
Restraints
-
High Cost of Operating Waste to Energy Facilities
-
Unorganized Waste Collection Methods
Opportunities
-
Upcoming Initiatives by the Megacities
-
Collaboration of Information Technology (IT) with Integrated Waste
Management Value Chain
Key Topics Covered
Executive Summary
1 Market Overview
2 Market Dynamics
3 Competitive Landscape
4 Industry Analysis
5 Asia-Pacific Waste to Energy Market (by Technology)
6 Asia-Pacific Waste to Energy Market (by Waste Type)
7 Asia-Pacific Waste to Energy Market (by Application)
8 Asia-Pacific Waste to Energy Market (by Country)
9 Company Profiles
Waste to Energy Technology Providers
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BTA International GmbH
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Babcock & Wilcox Enterprises Inc.
-
Austrian Energy & Environment Group
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C&G Environmental Protection Holdings Limited
-
Hitachi Zosen Innova AG
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Keppel Seghers
-
MARTIN GmbH
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Mitsubishi Heavy Industries Asia Pacific Pte. Ltd.
-
Plasco Conversion Technologies Inc.
-
ZE-Gen Inc.
Waste to Energy Plant/Facility Operators
-
Covanta Energy Asia Pacific Holdings Ltd.
-
China Everbright International Ltd.
-
Wheelbrator Technologies Inc.
Waste to Energy Service Providers
-
Veolia Environment S.A.
-
Waste Management Inc.
For more information about this report visit https://www.researchandmarkets.com/research/3zp8dt/asiapacific?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20181212005557/en/
Copyright Business Wire 2018
Source: Business Wire
(December 12, 2018 - 10:25 AM EST)
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