Asia Pacific Waste To Energy Market
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<strong>Asia</strong> <strong>Pacific</strong> <strong>Waste</strong> <strong>To</strong> <strong>Energy</strong> <strong>Market</strong>: In-depth market<br />
segmentation by 2020<br />
December 2016<br />
Report Id : REP-AP-299<br />
Status : Ongoing<br />
Category : <strong>Energy</strong>, Mining, Oil, and Gas<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved
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<strong>Asia</strong> <strong>Pacific</strong> <strong>Waste</strong> <strong>To</strong> <strong>Energy</strong> <strong>Market</strong><br />
<strong>Waste</strong> to energy (WTE) is the process of utilizing waste to generate energy or electricity. Various<br />
technologies are used to generate energy from waste source such as, municipal domestic waste. <strong>Energy</strong><br />
generated from the process can be in form of electricity, fuel or heat.The WTE management is considered<br />
as a vital part of the waste disposal infrastructure of any nation as it also comes under renewable energy<br />
sources. <strong>Waste</strong> to energy market refers to electricity generated with utilization of waste resources.<br />
Rapid change in consumption pattern and lifestyle of the population, along with migration of people<br />
towards urban areas are triggering urban waste accumulation, hence demanding a better infrastructure<br />
for its safe disposal and reuse.Various corporate or energy producing companies have ventured into<br />
waste to energy market by deploying their facilities. Types of waste that can be used in the waste to<br />
energy market include utilization of semi solid waste discharged from the industrial plants, liquid waste<br />
like domestic sewage and gaseous waste produced in refinery.<br />
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<strong>Waste</strong> to energy market can be segmented on the basis of technology used, viz. thermal and biological.<br />
Thermal technology can be further bifurcated on the basis of oxygen used in the process, combustion<br />
(excess oxygen), gasification (partial oxygen) and pyrolysis (no oxygen). Biological process can be used in a<br />
process where anaerobic decomposition of the solid waste is required. In <strong>Asia</strong> pacific, incineration is the<br />
most commonly used technology in waste to energy market. Incineration cuts the cost required in the<br />
transportation of waste to landfills. There has been a noticeable rise in the production of industrial and<br />
municipal waste, demanding innovation in existing waste to energy management technologies.<br />
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<strong>Asia</strong> <strong>Pacific</strong> <strong>Waste</strong> <strong>To</strong> <strong>Energy</strong> <strong>Market</strong><br />
Necessity to maintain balance between the three ‘E’s that is, saving the Environment, Economic<br />
development and <strong>Energy</strong> independence can clearly explain the need of waste management thus driving<br />
growth in waste to energy market. Companies are adopting aforementioned technologies to reduce<br />
discharge of waste material and generate confined energy in parallel. For instance, General Motors<br />
through its renaissance center and landfill-free sites has been able to eliminate over 10 million metric<br />
tons of CO2 equivalent emissions in 2013.<strong>Waste</strong> to energy management supports nation to conserve<br />
energy resources and earn carbon credits, which can be further used to gain profit via carbon credit<br />
trading. Additionally, converting a waste into a beneficial product will leadto an economic development<br />
of a country by turning a liability into an asset. China is considered as one of the forerunnersin waste to<br />
energy market.<br />
<strong>Asia</strong> pacific waste to energy market is expected to grow two folds by 2020 with promising CAGR. Japan<br />
primarily dominates waste to energy market in <strong>Asia</strong> pacific, owing to its increasing waste to energy<br />
technology adoption. Rapid growth of residential and industrial wastes in China and India,and supports<br />
by government to endorse sustainable energy generation are anticipated to drive the regional waste to<br />
energy market.<br />
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Rapid rise in industrial and domestic wastes are provoking governments across the region to support<br />
energy production from waste, positively impacting the growth of waste to energy market. Also strong<br />
shift towards the renewable resources from coal, decreasing carbon footprints is driving the waste to<br />
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<strong>Asia</strong> <strong>Pacific</strong> <strong>Waste</strong> <strong>To</strong> <strong>Energy</strong> <strong>Market</strong><br />
energy market. Rise in economic development is anticipated to lead to the increase in the municipal<br />
domestic waste and hence will drive the demand of waste to energy market.Various developing nations<br />
have implemented landfills, due to its less implementation cost. This can be an inhibitor for waste to<br />
energy market, as methane gas is emitted from the landfill. Industries playing an active role in the<br />
economic development of the nation are energetically using WTE technologies.<br />
Regional key players in waste to energy market includeThe Babcock & Wilcox Company, China Everbright<br />
International Limited, Xcel <strong>Energy</strong>, Suez Environment S.A, <strong>Waste</strong> Management Inc., C&G Environmental<br />
Protection Holdings Ltd., Veolia Environment and Foster Wheeler AG.<br />
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<strong>Waste</strong> to energy market is expected to grow significantly in <strong>Asia</strong> pacific region. India, China and Japan will<br />
be the boon for the growth of the nation in the forecasted year duration.<br />
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