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Waste-to-energy Market Outlook 2031

• The global waste-to-energy market was valued at US$ 24.2 Bn in 2021


• It is estimated to grow at a CAGR of 6.1% from 2022 to 2031


• The global waste-to-energy market is expected to reach US$ 43.1 Bn by the end of 2031

Analysts’ Viewpoint on Waste-to-energy Market Scenario

Significant increase in power consumption due to rapid urbanization & industrialization and growth in emphasis on generating energy from renewable sources are anticipated to be key factors driving the waste-to-energy market. Waste-to-energy (WTE) is a process of generating energy from waste and reducing the dependence on fossil fuels, such as coal, for energy generation. Countries across the globe are investing in renewable energy sources to reduce reliance on fossil fuels. Favorable incentives and schemes have been introduced across all regions to promote effective waste collection and processing, thereby creating significant opportunities for the waste-to-energy industry.

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