The growing focus on lowering greenhouse gas emission will positively impact the global Waste-to-Energy market at a CAGR of 7.23% during the forecast period 2022 to 2030

Market Research Future (MRFR) has published a cooked research report on the “global Waste-to-Energy market” that contains the information from 2019 to 2030.

The Waste-to-Energy market is estimated to register a CAGR of 7.23% during the forecast period of 2022 to 2030.

MRFR recognizes the following companies as the key players in the global Waste-to-Energy market— Veolia, Babcock & Wilcox Enterprises, Inc., Arrow Ecology Ltd., Axpo Holding AG, Biogen Ltd, Bluefire Renewables, BTA International GMBH, Ramboll, Covanta Holding Corporation, Emery Energy Company, Enercon, Hitachi Zosen Inova AG, VLS Environmental Solutions, Viridor, Wheelabrator Technologies Inc., and Others.

Waste-to-Energy Market Highlights

The global Waste-to-Energy market is accounted for to register a CAGR of 7.23% during the forecast period and is estimated to reach USD 69,134.54 million by 2030.

The growing focus on lowering greenhouse gas emission is driven by the urgent need to address the escalating impacts of climate change on the global scale. Greenhouse gases such as carbon dioxide, nitrous oxide and methane traps heat in the earth’s atmosphere, leading to the greenhouse effect. The rise in global temperatures as a result of greenhouse gas emission is attracting attention worldwide and thus the efforts for reducing the emission of greenhouses gases is accelerating. Biodiversity loss occurring due to altered temperatures and weather patterns is disrupting the ecosystem. Addressing this problem is very much required for the transition towards a sustainable and resilient future.

Waste-to-energy technology plays a crucial role in lowering the greenhouse gas emission by providing a sustainable solution to both waste management as well as energy generation. For every one ton of the waste diverted from the landfill to waste-to-energy, an average of around one ton of greenhouse gases can be avoided. This innovative approach contributes in reducing the dependency on fossil fuels as well. Waste-to-energy technology lowers greenhouse emission through efficient and controlled incineration of waste materials. In traditional landfills, the organic waste undergoes anaerobic decomposition, further producing methane, a greenhouse gas with higher warming potential than carbon dioxide. By using this waste for generating energy, the waste-to-energy approach significantly reduces the emission of methane. Also, this technology helps in reducing the usage of fossil fuels for energy production by converting the waste material into heat or electricity. Fossil fuel combustion is one of the major contributors to the greenhouse gas emissions by releasing large amount of carbon dioxide in the atmosphere. Thus, the energy generated from waste contributes to a more sustainable and lower carbon energy mix.

Moreover, waste-to-energy approach helps in recovering the energy from waste materials that would otherwise be disposed of in the landfills. The efficient utilization of waste material as a resource for energy generation not only reduces the need for fossil fuels but also minimizes the environmental impacts associated with the extraction and processing of fossil fuels. Landfills produces emissions that can contaminate soil and water along with environment, by diverting the waste from landfills and utilizing it for energy production helps in mitigating the environmental problems along with supporting more sustainable waste management practices.

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Segment Analysis

The global Waste-to-Energy market has been segmented based on Type of Waste, Technology,  Application, and Region.

The global Waste-to-Energy Market segmentation, based on Type of Waste has been segmented into segmented into Paper, Wood, Food Waste, Plastics, Metals and Others. Among these, the Food Waste of Waste-to-Energy is projected to dominate the global Waste-to-Energy market revenue through the projected period. The Others holds the second-largest segment by Type of Waste in the global Waste-to-Energy market, and its prominence can be attributed to it offering a way to recover energy from rubber waste and reduce environmental impact. Converting rubber waste to energy involves processes that aim to utilize the energy content of rubber materials while addressing the environmental challenges associated with their disposal. Rubber waste, such as scrap tires or other rubber products, is non-biodegradable and can be challenging to manage. Pyrolysis can produce valuable products like pyrolysis oil (liquid fuel), syngas, and carbon black.

The global Waste-to-Energy Market segmentation, based on Technology has been segmented into Incineration, Gasification, Pyrolysis and Others. In 2022, the Incineration segment drove the global Waste-to-Energy  market by holding a substantial market share.

In Application segment, the market is categorized Electricity Generation, Heat Generation, and Transport Fuels. Out of which Electricity Generation segment held the maximum share in the base year market and is also expected to be holding a significant share in the forecasted period as well. This high share of the Waste-to-energy (WTE) is due to technologies that can be employed to convert various types of waste into electricity, contributing to sustainable waste management practices while generating power.

Regional Analysis

Based on Region, the Waste-to-Energy market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia-Pacific Waste-to-Energy market held the maximum market share and is also expected to account for the significant revenue share during the forecast period. The Asia-Pacific Waste-to-Energy market is expanding as countries seek sustainable waste management solutions. Investments in Waste-to-Energy infrastructure are rising to address growing waste challenges and reduce reliance on landfills. Many Asia-Pacific governments are implementing policies and regulations to promote waste-to-energy technologies. For instance, countries like China, Japan, and South Korea have established targets and incentives for waste management and renewable energy production. There has been a noticeable increase in public-private partnerships (PPPs) in the APAC region aimed at developing and operating WTE facilities. These partnerships are seen as a way to leverage both governmental support and private sector efficiency in addressing waste management challenges.

Key Findings of the Study

• The global Waste-to-Energy market is expected to reach 69,134.54 million by 2030, at a CAGR of 7.23% during the forecast period.


• The Asia Pacific region accounted for the fastest-growing global market.


• Based on Type of Waste, the Food Waste Waste-to-Energy segment was attributed to holding the largest market in 2022.


• Based on Technology, the Incineration segment was attributed to holding the largest market in 2022.


• Based on Application, the Electricity Generation segment was attributed to holding the largest market in 2022.


• Veolia, Babcock & Wilcox Enterprises, Inc., Arrow Ecology Ltd., Axpo Holding AG, Biogen Ltd, Bluefire Renewables, BTA International GMBH, Ramboll, Covanta Holding Corporation, Emery Energy Company, Enercon, Hitachi Zosen Inova AG, VLS Environmental Solutions, Viridor, Wheelabrator Technologies Inc., and Others are the key market players.