The Report Covers Waste To Energy Market’s Size and Share. The Market is Segmented by Technology (Physical, Thermal, and Biological) and Geography (North America, Asia-Pacific, Europe, South America, and Middle East and Africa). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

The global Waste to Energy Market is projected to reach USD 92.42 billion by 2034 With at a CAGR of 8.2% during the forecast period.

The Indian Waste-to-Energy Market is Segmented by Technology (Thermal (Incineration, Pyrolysis, and Gasification), Biochemical, and Other Technologies) and Disposal Method (Landfill, Waste Processing, and Recycling). The report offers the market size and forecasts in terms of value in USD million.

The global value of the waste-to-energy market reached 32.9 billion U.S. dollars in 2021. By 2028, the waste-to-energy market is expected to be valued at 48.54 billion U.S. dollars, growing at a CAGR of 6.7 percent from 2022 to 2028.

The report covers US Waste To Energy Companies and it is segmented by Technology (Physical, Thermal, and Biological). The report offers the market size and demand forecasts for the United States Waste to Energy Market in USD billion for all the above segments.

The Waste to Energy (WTE) market is poised for significant growth over the forecast period, driven by increasing global concerns over waste management, rising energy demands, and growing government initiatives promoting sustainable energy sources. In 2025, the market is projected to be valued at USD 42,716.6 million, and by 2035, it is expected to reach USD 81,703.6 million, growing at a CAGR of 6.7%.

Metric	Value
Industry Size (2025E)	USD 42,716.6 million
Industry Value (2035F)	USD 81,703.6 million
CAGR (2025 to 2035)	6.7%

Country-Wise Analysis

Country	CAGR (2025 to 2035)
United States	5.8%

Country	CAGR (2025 to 2035)
United Kingdom	6.0%

Country	CAGR (2025 to 2035)
European Union	6.2%

Country	CAGR (2025 to 2035)
Japan	5.5%

Country	CAGR (2025 to 2035)
South Korea	6.5%

Competition Outlook

Company Name	Estimated Market Share (%)
Veolia Environment	10-15%
Suez Environment	8-12%
Covanta Holding Corporation	7-11%
MHIEC (Mitsubishi Heavy Industries)	5-9%
Hitachi Zosen Corporation	4-8%
Other Companies (combined)	50-60%

The waste to energy market size is projected to grow from USD 38.80 billion in 2024 to USD 86.79 billion by 2035, showcasing a healthy CAGR of 7.59%.

The global waste to energy market size reached US$ 44.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 70.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032. The increasing industrial waste generation, the rapid industrialization, the growing urbanization, the economic expansion of developing countries, the escalating rates of municipal solid waste (MSW) production, and the launch of new technologies are some of the factors propelling waste to energy demand.

United States waste to energy market size is projected to exhibit a growth rate (CAGR) of 7.46% during 2024-2032. The escalating environmental awareness, surging municipal solid waste volumes, stringent regulations promoting sustainable waste management, a shift towards renewable energy sources, rapid technological advancements, increasing energy security concerns, and growing public acceptance are some of the major factors influencing the market growth.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Growth Rate (2024-2032)	7.46%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on technology and waste type.

Waste to Energy Market size was valued at USD 41 billion in 2023 and is projected to grow at a CAGR of around 6% during the forecast period 2024-2030.

Explore the Waste To Energy Global Market Report 2025 Market trends! Covers key players, growth rate 7.8% CAGR, market size $54.44 Billion, and forecasts to 2033. Get insights now!

Global Waste to Energy (WTE) Market Size By Technology(Thermal Technologies, Biochemical Reactions), By Application(Power Plant and Heating Plant), By Geographic Scope And Forecast

The revenue from waste electricity generation worldwide has been on a moslty upward trend in recent years. In 2022, global waste electricity production generated over 3.4 billion U.S. dollars of revenue across the globe, slightly up from the previous year.

Waste-to-energy industry worldwide

In 2013, global revenues from waste electricity generation reached 5.9 billion U.S. dollars, but by 2016 revenues had fallen to just 1.5 billion U.S. dollars. Revenues began to recover in the following years and totaled 3.34 billion U.S. dollars in 2019. However, disruptions caused by the outbreak of COVID-19 saw 2020 revenues drop once again. It is forecast that the global waste for energy market will reach a value of more than 50 billion U.S. dollars by 2027.

Waste-to-energy production

In 2020, the global production of energy from waste reached a high of 2.65 exajoules. Nevertheless, fossil fuels remain the greatest source of electricity generation worldwide.

According to Cognitive Market Research, the global Waste-to-Energy Market will be USD 40.1 billion in 2024 and expand at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031. Market Dynamics of Waste To Energy Market

Key Drivers for Waste To Energy Market

Increasing Production of Biofuel - The global demand for biofuels for various applications is steadily increasing. According to the International Energy Agency, biofuels will account for around 3.5% of global transport energy consumption in 2022, with a focus on roads. This demand is likely to increase in the future years, and it will be the primary driver of market expansion. Biofuel is produced by converting biomass and waste into usable energy. Organic waste products, such as agricultural residues and food waste, can be used as feedstock in waste-to-energy facilities to generate biofuels such as biogas or bioethanol. The supply of such feedstock grows in tandem with the demand for biofuels, making waste-to-energy a realistic and sustainable choice. Biofuels can provide an alternate and renewable source of energy, lowering reliance on fossil fuels. Waste-to-energy technology can help provide the energy required for biofuel production, improving energy security. Combining waste-to-energy and biofuel production promotes a circular economy by reusing organic waste streams that would otherwise wind up in landfills. This decreases waste and greenhouse gas emissions, in line with sustainability objectives. Government support

Key Restraints for Waste To Energy Market

Regulatory hurdles WtE remains a costly option for waste disposal and energy generation compared to other services. Introduction of Waste To Energy Market

Waste to Energy (WtE), also known as energy from waste, combines thermochemical and biochemical processes to recover energy from urban waste, resulting in electricity, steam, and fuel. These innovative technologies have the potential to reduce original waste volume by 90%, depending on output composition and utilization. WtE facilities provide two key advantages: environmentally safe waste management and disposal and clean electric power generation. The expanding use of WtE to dispose of solid and liquid wastes and generate power has drastically reduced the environmental implications of municipal solid waste management, including greenhouse gas emissions. Moreover, The increased implementation of favorable government policies and regulations to encourage effective garbage disposal, as well as energy generation from waste, is predicted to drive expansion in the waste-to-energy industry. The surge in energy demand across several end-use sectors is likely to fuel significant expansion in the waste-to-energy industry. With the growing global population, garbage creation has increased dramatically.

The size and share of the market is categorized based on Application (Power Plant, Heating Plant, Other) and Product (Thermal Technologies, Biochemical Reactions) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

Saudi Arabia waste to energy market size is projected to exhibit a growth rate (CAGR) of 4.75% during ​2025-2033​. The increasing advances in waste to energy technologies, such as improved incineration processes, gasification, and anaerobic digestion, which have increased the efficiency of energy conversion, are driving the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Growth Rate (2025-2033)	4.75%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for ​2025-2033​. Our report has categorized the market based on technology and waste type.

The Waste to Energy Germany Report is Segmented by Technology (Physical Technology, Thermal Technology, and Biological Technology)

[215+ Pages Report] The global waste to energy market size was valued at USD 39.8 billion in 2021 and is expected to reach USD 52.5 billion by 2028 with growth at a CAGR of 5.3% from 2022 to 2028.

The Report Covers Netherlands Waste Energy Market Size & Share and It is Segmented by Technology Type (Thermal Technologies and Non-Thermal Technologies). The Report Offers the Market Size and Forecasts for Waste To Energy in Terms of Installed Capacity.

The UAE Waste to Energy Market is projected to grow at a CAGR of more than 10% during 2023-28.