Increase In Production Of Clean Energy From Waste Drives Market Growth Is Driving The Global Waste To Energy Market, Are Expected To Drive Market Expansion In The Near Future At A CAGR Of 7.2% During The Forecast Period 2025 To 2035

Market Research Future (MRFR) has published a cooked research report on the “Global Waste To Energy Market” that contains information from 2019 to 2035.

The Global Waste To Energy Market is estimated to register a CAGR of 7.2% during the forecast period of 2024 to 2035.

MRFR recognizes the following companies as the key players in the Global Waste To Energy Market— include Arrow Ecology, AXPO Holding Ag, Biogen, BLUEFIRE Renewables, BTA International GMBH, Ramboll, Emery Energy Company, GEOCYCLE, Viridor, VLS Environmental Solutions, KANADEVIA Inova, REWORLD, Enercon, Babcock & Wilcox , Veolia , And  Among Others.

Market Highlights

The Global Waste To Energy Market is estimated to register a CAGR of 7.2% during the forecast period and is estimated to reach USD 95.19 Billion by 2035.

The growing issue of waste accumulation is one of the most significant drivers of the global Waste-to-Energy (WTE) market. As the global population expands and urbanization accelerates, both the quantity and complexity of waste generation are rising. This growing pile of waste presents a significant challenge for municipalities and governments worldwide, leading to an increased demand for innovative solutions, such as WTE technologies, to manage waste more effectively and sustainably.

The rapid increase in global urbanization directly correlates with a surge in waste generation. According to the United Nations, by 2050, about 68% of the global population will live in urban areas. Urban areas tend to produce a higher volume of waste due to dense populations, greater consumption, and increased industrial activity. This escalating waste production drives the need for sustainable waste disposal methods, which WTE technologies are well-equipped to handle. For instance, in cities like New York, more than 14 million tons of waste are generated annually. WTE technologies, such as incineration, are utilized to reduce the waste volume while also converting it into energy. Similarly, countries in Asia like India and China are seeing rapid urbanization and waste buildup, leading to significant investments in WTE infrastructure.

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Segment Analysis

The Global Waste To Energy Market has been segmented based on By Type of Waste, By Technology, By Application.

Based on type of waste, the waste to energy market is segmented into: Paper, Wood, Food Waste, Plastics, Metals, Others. The Food Waste segment dominated the global market in 2024, while the Paper is projected to be the fastest–growing segment during the forecast period.

Food waste, which includes leftovers, expired items, and organic waste, is a growing challenge worldwide. However, food waste is a valuable resource for WTE technologies like anaerobic digestion, which converts organic material into biogas (mainly methane), a renewable energy source. Food waste can also be processed through composting and incineration to produce energy. The environmental benefits of using food waste for energy are significant as it helps reduce greenhouse gas emissions from landfills, where food waste would otherwise decompose anaerobically and release methane. As food waste generation continues to increase globally, its role in WTE will become more critical.

Based on technology, the waste to energy market is segmented into: Incineration, Gasification, Pyrolysis. The Incineration segment dominated the global market in 2024, while the Incineration is projected to be the fastest–growing segment during the forecast period.

Incineration is the most widely used Waste to Energy (WTE) technology, involving the combustion of solid waste at high temperatures to generate heat, which is then used to produce steam and drive turbines to generate electricity. The process significantly reduces the volume of waste, typically by 80-90%, and can also be used for district heating. While incineration is a mature and proven technology, it has been met with environmental concerns, especially related to air pollution and the release of toxic emissions, such as dioxins and furans, unless properly controlled. However, advancements in flue gas cleaning and pollution control systems have helped mitigate these concerns, making incineration an important part of the WTE landscape, especially in regions like Europe, where strict regulations are in place.

Based on application, the waste to energy market is segmented into: Electricity Generation, Heat Generation, Transport Fuels, Others. The Electricity Generation segment dominated the global market in 2024, while the Heat Generation the Counter is projected to be the fastest–growing segment during the forecast period.

Electricity generation is the most common and widespread application of Waste to Energy (WTE) technologies. In this process, waste materials such as municipal solid waste (MSW), biomass, and other organic materials are incinerated, gasified, or processed through anaerobic digestion to produce heat, which is used to generate steam. This steam drives turbines that generate electricity. WTE plants focused on electricity generation are often integrated into local or national energy grids, contributing to renewable energy portfolios. This application not only helps reduce landfill waste but also provides a reliable and consistent source of energy. As a renewable energy source, WTE plants that generate electricity are increasingly seen as an important solution to reducing dependence on fossil fuels while tackling waste management challenges.

Regional Analysis

The global Waste To Energy market is segmented into North America, Europe, Asia-Pacific, South America and Middle East & Africa. The Asia Pacific region accounted for the largest market share with market value of USD 19.27 Million in 2024 and is anticipated to reach USD 41.69 Million by 2035 witnessing growth at a CAGR of 7.3% from 2024 to 2035.

The global Waste to Energy (WTE) market has experienced significant growth in recent years due to rising concerns over waste management, environmental protection, and the need for alternative energy sources. Regionally, the market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. Among these, the Asia-Pacific region has emerged as the dominant player, holding the largest market share in 2024. This growth is primarily driven by the increasing urban population, growing industrialization, and government initiatives aimed at promoting sustainable waste disposal and clean energy generation across countries such as China, India, and Japan. The region is expected to maintain this leading position, with the market projected to expand further and reach a value of around USD XX by 2035, reflecting a robust compound annual growth rate (CAGR) of 7.3% during the forecast period.

Europe, on the other hand, also held a substantial share of the global WTE market in 2024. The region benefits from advanced technologies, stringent environmental regulations, and strong public awareness regarding waste reduction and energy efficiency. European countries continue to invest in innovative WTE solutions to minimize landfill use and reduce greenhouse gas emissions. Together, Asia-Pacific and Europe represent the core of global market activity, setting the pace for advancements in waste-to-energy conversion, sustainability, and circular economy practices worldwide.

Key Findings of the Study

• The Global Waste To Energy Market is expected to reach USD 95.19 Billion by 2035, at a CAGR of 7.2% during the forecast period.


• The Europe region accounted for the fastest growing in the global market.


• Based on Application, the Electricity Generation segment was attributed to holding the largest market in 2024.


• Arrow Ecology, AXPO Holding Ag, Biogen, BLUEFIRE Renewables, BTA International GMBH, Ramboll, Emery Energy Company, GEOCYCLE, Viridor, VLS Environmental Solutions, KANADEVIA Inova, REWORLD, Enercon, Babcock & Wilcox, Veolia, And Among Others are the key market players.