The global energy industry is shifting toward waste-to-energy technologies as a result of rising global energy demand, increasing depletion of conventional energy sources, and environmental contamination from these sources.
The worldwide waste-to-energy market is predicted to grow at a 7.35 percent CAGR from 2022 to 2027, hitting a market size of $74 billion by 2027. Favorable regulatory rules supporting effective waste disposal in conjunction with energy generation, as well as rising energy needs from the end-use sector, are critical to this market growth.
Among the countless trends driving the industry forward, sophisticated thermal technologies such as gasification and pyrolysis, as well as anaerobic digestion systems, are making significant breakthroughs into the waste-to-energy sector and are likely to enhance their respective market shares.
To put the spotlight on other key developments in the industry, Energy Tech Review illustrates how major key players have adopted various market penetration and growth strategies to strengthen their foothold in the waste-to-energy sector. This edition features thought-provoking insights from Seth Little, Product Manager Director, at CLEAResult; Miguel Hidalgo Gonzalez, Head of Solar Technical at EDP Renewables; and Bruno Freitas, Product Line Director, at SBM Offshore, who shed light on some of the prevailing trends and innovative technologies that are shaping the waste-to-energy-market.
In this edition of Energy Tech Review, we also bring to you the story of some of the emerging waste-to-energy solution providers that have established dominant positions in the market and have the most potential for capacity growth. In the list, Co-Energy is making headlines with its holistic approach to meeting global challenges of waste treatment, decarbonization, and zero waste goals with its technological solutions to waste treatment; Bio-energy Solutions that manufactures and distributes sustainable and eco-friendly agricultural specialty soil conditioners and plant biostimulant amendment products; Fluence Corporation that’s striving to change the world of water through innovative and sustainable technologies; and McNeil USA, a company that has made a mark in the industry with its high-quality materials, industrial heat-management construction, and installation services.
Through the following pages, we aim to shine a light on the innovative trends and latest developments that showcase the potential of the waste-to-energy market. We would like to know your thoughts.
