Waste to Energy Market Represents a CAGR of 8.1% from 2013 - 2019
Prominent players operating in the global waste to energy market include Suez Environment S.A., Waste Management, Inc., Constructions industrielles de la Méditerranée (CNIM), C&G Environmental Protection Holdings, Covanta, China Everbright International Limited, and Veolia Environnement S.A., finds Transparency Market Research (TMR). A growing number of players are focusing on bringing improvements in technologies to convert municipal solid waste to renewable energy. The global waste to energy market was valued at US$18.4 billion in 2012 and is projected to reach US$31.8 billion by the end of 2019. During the forecast period of 2013 - 2019, the global market is projected to expand at a CAGR of 8.1%. The various technologies used for waste to energy conversion process can be grouped into biological and thermal. Presently, thermal technology leads the global market. However, in recent years, biological technologies have gathered steam and the segment is projected to ris...