Key Findings
Waste-to-energy is a form of energy recovery and refers to any waste treatment that generates energy in the form of electricity or heat from a waste source. The revenue generated by the Asia-Pacific waste to energy market is expected to increase by the end of the forecast period of 2019-2027 owing to an anticipated CAGR of 4.62%.
Market Insights
The Asia-Pacific region is blessed with the presence of several high-profile market players that are involved in the waste to energy market. China, Japan, India, and Indonesia are some of the chief contributors to this region. China WTE market is likely to rise with the highest CAGR over the projected years. Japan is a global leader in developing new technologies and innovations. The Japan International Co-operation Agency and the Department of Environment and Natural Resources (DENR) announced a three-year technical co-operation project in November 2018. This project will aid the local government units to convert solid municipal waste into energy.
Competitive Insights
MHI Industrial Engineering & Services Private Ltd. (MIES), China Everbright International Ltd., BTA International GmbH, Austrian Energy & Environment Group, C&G Environmental Protection Holdings Limited, Babcock & Wilcox Enterprises Inc., Waste Management Inc., Martin GmbH, AMEC Foster Wheeler (acquire by Wood Group), Plasco Conversion Technologies Inc., Hitachi Zosen Innova AG, Suez Environment, Keppel Seghers, Ze-Gen Inc., Sako Brno A.S., Veolia Environment S.A., Covanta Energy, Wheelabrator Technologies Inc., ?rsted, Xcel Energy are some of the well-known players in this market.