Asia Pacific Waste to Energy Management Market Set to Grow at 7% CAGR, Reaching USD 25 BILLION by 2030
MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled Asia Pacific Waste to Energy Management Market Research Report: Forecast (2024–2030). This report provides a detailed assessment of the Asia Pacific Waste to Energy Management, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.
Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.
Market Timeline Overview
- Historical Years: 2019–22
- Base Year: 2023
- Forecast Years: 2024–30
This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.
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Asia Pacific Waste to Energy Management Market Outlook
The Asia Pacific Waste to Energy Market size is valued at USD 15 billion in 2024 and is projected to reach USD 25 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7% during the forecast period, i.e., 2024-30. This growth is supported by various factors like rapid urbanization, rising waste generation, and a strong emphasis on sustainable waste management practices. With rapid urbanization and growing population in major countries like India & China followed by other Asia Pacific countries, there is an increase in waste generation which needs to be managed.
Asia Pacific Waste to Energy Management Market Drivers:
Increased Demand for Renewable Energy - The increasing demand for renewable energy in the Asia Pacific region is driving the growth of the waste-to-energy management market. With the higher consumption of energy and its requirement due to rapid urbanization and industrial growth coupled with a booming population, Asian Countries are looking for reliable, sustainable energy sources to meet this demand. With the high amount of waste piled up in both rural and urban areas, WtE presents a viable solution by converting waste into energy, thus contributing to the renewable energy mix. This will further help in the reduction of fossil fuels. The government policies, sustainability goals, and incentives in the Asia Pacific region further drive the demand for renewable energy. For Instance: By 2030, the South Korean Government has a target of producing 20% of energy from renewable sources including substantial investments in WtE projects.
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Asia Pacific Waste to Energy Management Market Trends:
Incineration Emerging as a Prominent Waste-to-Energy Conversion Technology - Incineration is increasingly recognized as a leading waste-to-energy (WtE) conversion technology in the Asia Pacific region. With the growing population in the region, the landfill space is getting limited and the waste is growing enormously. This is creating a surge for more effective waste volume reduction solutions like Incineration as it converts waste into ash, flue gases, and energy which significantly reduces the volume of waste. Tokyo's waste management system includes multiple incineration facilities that convert tons of waste into energy, minimizing landfill use. It has become a trend in Japan, China, and India, thereby showing robust growth during the forecast period. Japan has several advanced WtE facilities that use high-efficiency modern incineration methods. Modern incineration plants are equipped with advanced technology to efficiently convert waste into electricity and heat, contributing to local energy needs with stringent emission controls. The supportive government policies are boosting the incineration trend by promoting it as a part of their waste management strategies, recognizing its potential to address waste and energy challenges. Tuas Incineration Plant of Singapore supports the goal of sustainable energy use thereby converting waste into energy to power the national grid.
Asia Pacific Waste to Energy Management Market Segmentation
The study categorizes the Asia Pacific Waste to Energy Management into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.
By Type
- Municipal Solid Waste- Market Size and Forecast 2019-2030, (Thousand Tons)
- Residential- Market Size and Forecast 2019-2030, (Thousand Tons)
- Commercial & Institutional - Market Size and Forecast 2019-2030, (Thousand Tons)
- Construction & Demolition- Market Size and Forecast 2019-2030, (Thousand Tons)
- Other Municipal Waste- Market Size and Forecast 2019-2030, (Thousand Tons)
- Process Waste- Market Size and Forecast 2019-2030, (Thousand Tons)
- Agriculture Waste- Market Size and Forecast 2019-2030, (Thousand Tons)
- Medical Waste- Market Size and Forecast 2019-2030, (Thousand Tons)
- Others- Market Size and Forecast 2019-2030, (Thousand Tons)
By Technology
- Thermal - Market Size and Forecast 2019-2030, (Thousand Tons)
- Incineration - Market Size and Forecast 2019-2030, (Thousand Tons)
- Pyrolysis - Market Size and Forecast 2019-2030, (Thousand Tons)
- Gasification - Market Size and Forecast 2019-2030, (Thousand Tons)
- Biological - Market Size and Forecast 2019-2030, (Thousand Tons)
- Physical - Market Size and Forecast 2019-2030, (Thousand Tons)
By Application
- Electricity - Market Size and Forecast 2019-2030, (Thousand Tons)
- Heat - Market Size and Forecast 2019-2030, (Thousand Tons)
- Combined Heat & Power Units - Market Size and Forecast 2019-2030, (Thousand Tons)
- Transport Fuels - Market Size and Forecast 2019-2030, (Thousand Tons)
- Others- Market Size and Forecast 2019-2030, (Thousand Tons)
Geographical Analysis
The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:
By Countries
- China
- India
- Japan
- South Korea
- Thailand
- Indonesia
- Philippines
- Malaysia
- Australia
- Vietnam
- Others.
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Leading Companies in Asia Pacific Waste to Energy Management Market Worldwide: Players, Analysis & Future Outlook
- Hitachi Zosen Corporation
- Babcock & Wilcox Company
- Amec Foster Wheeler
- Veolia Environment S.A.
- Suez S.A.
- Waste Management Inc.
- C&G Limited
- Keppler Seghers
- Covanta Energy Corporation
- Evoqua Water Technologies
- Xcel Energy, Inc.
- Abu Dhabi National Energy Company PJSC
- MVV Energie AG
- China Jinjiang Environment Holding Co. Limited
- A2A SpA
- SCHMACK BIOGAS GMBH
- China Everbright International Limited
- Mitsubishi Heavy Industries Limited
- Shandong Wheelabrator Technologies Inc.
- Doosan Lentjes GmbH
Key Highlights of the Report
- Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
- Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
- Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
- Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.
Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences
Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/asia-pacific-waste-to-energy-market.html
Frequently Asked Questions (FAQ)
- What is the projected growth rate of the Asia Pacific Waste to Energy Management?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the Asia Pacific Waste to Energy Management?
4. Who are the prominent players in the Asia Pacific Waste to Energy Management?
5. How is the competition structured in this market?
6. How can I access the full report?
About Us
MarkNtel Advisors is a global research and advisory firm with expertise across the energy industry, covering renewable energy, oil & gas, energy storage, and power generation. We deliver data-backed insights that assist energy producers, utilities, and investors in navigating regulatory transitions and emerging technologies. With Consulting Services, we help clients interpret market intelligence and design actionable strategies that accelerate decarbonization, enhance energy resilience, and ensure sustainable growth across global markets.
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