Canada Waste to Energy Market Size, Analysis & Forecast 2031
Canada Waste to Energy Market Size, Analysis & Forecast 2031
Segments - Canada Waste to Energy Market by Technology (Thermal Technology, Physical Technology, and Biological Technology) and Country - Canada Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :EP-3486
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| 82 Reviews
| 176 Pages
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Report Description
The Canada Waste to Energy Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of 3.34% during the forecast period, 2023 – 2031. The growth of the market is attributed to the rise in demand for renewable sources of energy.
Waste-to-energy is the course of energy generation by the essential management of waste. This interaction produces power or heat straight by combustion. Likewise, it produces combustible fuel supplies such as methane, ethanol, and methanol . The waste-to-energy idea has replaced the trash in trash out training by working with proficient trash management while at the same time providing clean energy and inferring dollars out of waste.
Waste to energy plants decreases a lot of unsafe outflows attributable to a few elements including the restoration of metals for reprocessing, offset of carbon dioxide from petroleum product power generation, and aversion of methane from landfills. Additionally, restricted space and rising landfilling costs are relied upon to additional increase in the loss to energy innovation development as a dependable waste management solution.
The outbreak of COVID19 pandemic impacted many industries involving construction, automotive, and processing, directly negatively impacting the waste generation from industries. Rapid growth in waste generation due to rising dispose of waste from municipal and hospitals is on the major factors stabilizing the market growth in coming years.
Market Trends, Drivers, Restraints, and Opportunities
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Increasing demand for incineration process and rise in public waste to energy expenditure are major factors anticipated to drive the market growth.
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Rising adoption of renewable source of energy among industrial and transport sector is expected to propel the growth of the market during the forecast period.
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Growing initiatives to reduce methane emission from landfills is estimated to spur the growth of the market.
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High installation cost of incineration can hamper the growth of the market.
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The increase in preference toward zero waste generation and waste recycling can hinder the growth of the market.
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Technological advancements in the waste to the energy sector is estimated to create lucrative opportunities during the forecast period.
Scope of the Report
The report on the Canada waste to energy market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Canada Waste to Energy Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Technology (Thermal Technology, Physical Technology, and Biological Technology) |
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Country |
Canada |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Covanta Holding Corp.; Martin GmbH; Wheelabrator Technologies Inc.; Suez SA; and Waste Management, Inc. |
Canada Waste to Energy Market Segment Insights
Thermal technology segment is expected to grow at a rapid pace
On the basis of technology, the market is segregated into thermal technology, physical technology, and biological technology. The thermal technology segment is expected to constitute a key share of the market during the projected period due to the growing improvements in the technologies of gasification and incineration. The capacity of thermal technology to effectively reduce the greenhouse gases emission and electricity generation is fueling the segment growth. The incinerators can treat a wide range of wastes, which has increased the preference for this process. The plant incineration reduce the quantity of the waste in landfills, which avoid generation of methane gas from landfills, and successfully restore the metal.
The thermal process includes the reusing of energy from municipal solid waste at high temperatures. The thermal technology incorporates a few cycles such as combustion or incineration, gasification, and pyrolysis. The significant contrast among these advancements is the measure of oxygen and temperature association during the cycle that prompts the change to eventual outcome CO2 and water, or to transitional valuable products. The increase in population along with the rise in amount of waste formation in the region is one of the factors that is increasing adoption of thermal technology.
The complete generation of municipal solid waste was 107.2 million tons in 2017. Out of the total municipal solid waste created, around 47 million tons were reused, and 16 million tons was treated to the soil.
Segments
The Canada waste to energy segmented on the basis of:
Technology
- Thermal Technology
- Physical Technology
- Biological Technology
Country
- Canada
Key Players
- Covanta Holding Corp.
- Martin GmbH
- Wheelabrator Technologies Inc.
- Suez SA
- Waste Management, Inc.
Competitive Landscape
The key players competing in the Canada waste to energy market are Covanta Holding Corp.; Martin GmbH; Wheelabrator Technologies Inc.; Suez SA; and Waste Management, Inc.
Companies are engaging in partnerships with government bodies to expand their market share.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Waste to Energy Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Waste to Energy Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Waste to Energy Market - Supply Chain
4.5. Global Waste to Energy Market Forecast
4.5.1. Waste to Energy Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Waste to Energy Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Waste to Energy Market Absolute $ Opportunity
5. Global Waste to Energy Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Waste to Energy Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Waste to Energy Demand Share Forecast, 2019-2026
6. North America Waste to Energy Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Waste to Energy Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Waste to Energy Demand Share Forecast, 2019-2026
7. Latin America Waste to Energy Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Waste to Energy Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Waste to Energy Demand Share Forecast, 2019-2026
8. Europe Waste to Energy Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Waste to Energy Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Waste to Energy Demand Share Forecast, 2019-2026
9. Asia Pacific Waste to Energy Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Waste to Energy Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Waste to Energy Demand Share Forecast, 2019-2026
10. Middle East & Africa Waste to Energy Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Waste to Energy Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Waste to Energy Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Waste to Energy Market: Market Share Analysis
11.2. Waste to Energy Distributors and Customers
11.3. Waste to Energy Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Covanta Holding Corp.
11.4.2. Martin GmbH
11.4.3. Wheelabrator Technologies Inc.
11.4.4. Suez SA
11.4.5. Waste Management, Inc.
Methodology
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