The global value of the waste-to-energy market reached 35.1 billion U.S. dollars in 2019. By 2027, the waste-to-energy market is expected to be valued at 50.1 billion U.S. dollars, growing at a CAGR of 4.6 percent from 2020 to 2027.
Waste to energy: how does it work?
The incineration of municipal solid waste at temperatures of up to 2,000 Fahrenheit is now being used to form energy. This method has become increasingly popular in Europe as well as China and Japan. Due to stricter regulations and scrubbing technologies, modern incinerators do not release as much pollution as older models. Additionally, the diversion of waste away from landfills reduces the volume of methane emissions released from these landfills. However, some critics have questioned the industry’s claims to the reality of emission reductions. Investments in biomass and waste energy technology hit a recent high of 20 billion U.S. dollars in 2011 but have dropped to 4.7 billion U.S. dollars in 2017.
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Allied Market Research. (July 1, 2020). Forecast waste-to-energy market value worldwide from 2019 to 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/480452/market-value-of-waste-to-energy-globally-projection/
Allied Market Research. "Forecast waste-to-energy market value worldwide from 2019 to 2027 (in billion U.S. dollars)." Chart. July 1, 2020. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/480452/market-value-of-waste-to-energy-globally-projection/
Allied Market Research. (2020). Forecast waste-to-energy market value worldwide from 2019 to 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/480452/market-value-of-waste-to-energy-globally-projection/
Allied Market Research. "Forecast Waste-to-energy Market Value Worldwide from 2019 to 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Jul 2020, https://www.statista.com/statistics/480452/market-value-of-waste-to-energy-globally-projection/
Allied Market Research, Forecast waste-to-energy market value worldwide from 2019 to 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/480452/market-value-of-waste-to-energy-globally-projection/ (last visited August 25, 2024)
Forecast waste-to-energy market value worldwide from 2019 to 2027 (in billion U.S. dollars) [Graph], Allied Market Research, July 1, 2020. [Online]. Available: https://www.statista.com/statistics/480452/market-value-of-waste-to-energy-globally-projection/