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 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.

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Waste To Energy Market Size 2024-2028

The waste to energy market size is valued to increase USD 28.69 billion, at a CAGR of 7.51% from 2023 to 2028. Increasing awareness about climate change will drive the waste to energy market.

Major Market Trends & Insights

Europe dominated the market and accounted for a 43% growth during the forecast period.
By Technology - Thermal segment was valued at USD 43.50 billion in 2022
By Application - Electricity segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 74.53 billion
Market Future Opportunities: USD 28689.10 billion
CAGR : 7.51%
Europe: Largest market in 2022

Market Summary

The market represents a significant and continuously evolving sector, driven by the global imperative to reduce waste and mitigate climate change. With increasing waste generation and the rising awareness of the environmental impact of traditional disposal methods, the demand for waste-to-energy solutions is on the rise. Core technologies, such as incineration, gasification, and pyrolysis, are at the forefront of this market, transforming waste into valuable energy resources. However, the market faces challenges, including high operating and maintenance costs of waste-to-energy plants. According to recent reports, the global waste-to-energy market is expected to account for over 20% of the total waste management market by 2025. This underscores the growing importance of waste-to-energy solutions and the opportunities they present for businesses and investors alike.

What will be the Size of the Waste To Energy Market during the forecast period?

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How is the Waste To Energy Market Segmented and what are the key trends of market segmentation?

The waste to energy industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. TechnologyThermalBiologicalApplicationElectricityHeatGeographyNorth AmericaUSEuropeFranceGermanyAPACChinaJapanRest of World (ROW)

By Technology Insights

The thermal segment is estimated to witness significant growth during the forecast period.

The market encompasses various processes and technologies aimed at transforming waste into valuable energy resources. Thermal technology, a prominent segment, utilizes heat to convert waste into energy. This technology is divided into three primary categories: incineration, gasification, and pyrolysis. Incineration, the most prevalent method, involves burning waste at elevated temperatures to generate steam, which subsequently powers electricity generation. According to recent data, approximately 30% of the market employs incineration technology. Gasification, another thermal technology, converts waste into gas through heating in an oxygen-deprived atmosphere. This gas can be utilized for electricity production or as a fuel source. Approximately 25% of the industry is projected to adopt gasification technology in the coming years. Pyrolysis, the third thermal technology, heats waste in the absence of oxygen to produce a liquid or gas that can serve as fuel. Around 20% of the market is expected to incorporate pyrolysis methods in their operations. Heat recovery systems, energy recovery facilities, and anaerobic digestion are additional techniques contributing to the market's growth. Renewable energy sources, such as wind, solar, and hydroelectric power, are increasingly integrated into waste to energy plants to improve efficiency and reduce CO2 emissions. Environmental compliance, waste characterization, and energy efficiency metrics are essential considerations in the market. Waste stream management, emission monitoring, and greenhouse gas emissions are crucial aspects of the industry's ongoing evolution. Waste reduction strategies, combustion efficiency, energy conversion efficiency, and lifecycle assessment are essential factors driving market growth. Gasification technology, bioenergy production, and steam production are among the emerging trends shaping the waste to energy landscape. Methane capture, co2 emissions reduction, and ash management are essential components of the waste to energy process. Syngas production and electricity production are key outcomes of the market's activities. In summary, the market is a dynamic and evolving industry that continues to unfold, with thermal technology playing a significant role in its development. Incineration, gasification, and pyrolysis are the primary thermal methods employed, with incineration being the most widely used. The industry's focus on environmental compliance, energy efficiency, and waste reduction strategies is driving growth and innovation.

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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 global waste-to-energy (WtE) market is projected to grow from USD 42.7 billion in 2025 to USD 82.1 billion by 2035, registering a Compound Annual Growth Rate (CAGR) of 6.8% over the forecast period.

Country-Wise Analysis

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

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.

Waste to Energy Market at USD 42.12 billion in 2024, growing to USD 92.42 billion by 2034 at 8.2% CAGR, Explore cutting-edge gasification systems revolutionizing circular economy and waste management.

Global waste to energy market worth at USD 37.47 Billion in 2024, is expected to surpass USD 62.21 Billion by 2034, with a CAGR of 5.2% from 2025 to 2034.

Waste to Energy Market size was valued at around USD 45.89 Billion in 2025 and is projected to reach USD 70.2 Billion by 2032 at 6.26% CAGR during 2026-32.

The China waste to energy market size is expected to register a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growing level of municipal waste generation and increasing emphasis on reducing the waste by generating energy in the form of methane.

Energy creation technologies committed to renewable stages are contributing at an important level as a trade for ordinary resources. The waste to energy creation technologies includes the generation of energy from wasteful material. The waste to energy creation technologies is planned to serve the metropolitan corporation in decreasing the waste just as the release from the waste. The energy is recovered in the type of power or steam.



Waste to energy is a course of producing energy from waste and diminishing the reliance on fossil fuel derivatives such as coal for the energy generation. Waste to energy is a reasonable technique to lessen the discharge of destructive gases harming substances such as methane and carbon dioxide, avoiding the waste from entering the landfills These plants consume the trash or rubbish with the assistance of an evaporator to create steam, which is further utilized to produce power. The loss to energy process helps in decreasing air contamination by eliminating toxins from gas ignition and keeping them from entering the smokestack.



The outbreak of COVID-19 has created challenges for proceeding with the conveyance of essential waste management administration such as waste management and collection. However, with the recent relaxation in lockdown and the government is collaborating with the private sector which is expected to stimulate the market.



In 2019, China introduced the world's biggest thermal plant. The plant has a limit of handling 2.7 million tons of waste each year and is equipped for creating 1.5 billion kilowatt- hour’s force each year. It is also the prominent creator of urban waste on the planet that started waste management’s plans during 2017 and intends to reuse 35% of waste in 46 significant urban cities, including Shanghai, before the year 2020. According to the International Energy Agency (IEA), China has around 7.3 gigawatts of introduced waste to energy limit, with its 339 power plants in 2017. The nation's loss to energy has developed by 1 GW each year on normal from the most recent five years and is relied upon to proceed with the development with rising metropolitan waste.

The Europe Waste-To-Energy Market Report is Segmented by Technology (Physical, Thermal, and Biological), Waste Type (Municipal Solid Waste, Industrial Waste, Agricultural and Agro-Industrial Residues, Sewage Sludge, and Others), Energy Output (Electricity, Heat, and More), End-User (Industrial Captive Plants, Transport Fuel Distributors, and More), and Country (Germany, United Kingdom, Italy, France, Nordic Countries, and More).

Waste To Energy Market valuation is estimated to reach USD 29.6 Mn in 2025 and is anticipated to grow to USD 46.1 Mn by 2032 with steady CAGR of 6.5%

Indonesia waste-to-energy industry is driven by the rapid urbanization and industrialization, rising population growth and high demand for better waste management.

The size of the Brazil Waste to Energy Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.00">> 5.00% during the forecast period. Recent developments include: June 2022: The Brazilian Development Bank (BNDES) approved financing of USD 15.5 million for constructing 40 MW of biomass power plants in Roraima state. Oxe Participacoes SA has been granted a loan by BNDES to develop the Bonfirm, Canta, Pay Rainha, and Santa Luz projects in Canta and Boa Visa municipalities. Wood chips and wood industry wastes will be used as fuel for the four plants, which will be able to generate enough electricity to meet the needs of 148,000 residents., April 2022: Brazil approved a National Solid Waste Plan, previously proposed by the National Solid Waste Policy of 2010. The plan aims to promote solid waste management and planning at the federal, state, and municipal levels. The main goals are to recover at least 48% of the generated mass (recycling, energy, and biological waste) until 2040 and to improve energy generation on varied decomposing waste sources, benefiting more than 27 million households.. Key drivers for this market are: 4., Increasing Production from Unconventional Sources4.; Growing Energy Demand in the Region. Potential restraints include: 4., Environmental Concerns. Notable trends are: Thermal Based Waste to Energy Conversion is Expected to Witness a Significant Growth.

Global Waste to Energy market is valued at USD 48 Bn, driven by urbanization, regulations, and renewable energy demand, with Europe holding over 40% share and innovations in gasification.

Waste to Energy Market Outlook

According to our latest research, the global waste to energy market size reached USD 42.1 billion in 2024, driven by increasing urbanization and the urgent need for sustainable waste management solutions. The market is set to grow at a robust CAGR of 7.2% from 2025 to 2033, with the forecasted market size expected to reach USD 78.9 billion by 2033. This growth is primarily attributed to rapid advancements in waste conversion technologies, rising energy demand, and supportive government policies promoting renewable energy and environmental sustainability.

The growth of the waste to energy market is significantly fueled by the escalating volume of municipal solid waste (MSW) generated globally, a direct result of urban expansion and population growth. As cities become more densely populated, traditional landfill sites are reaching capacity, compelling municipalities to seek alternative waste disposal solutions. Waste to energy (WTE) technologies offer a dual benefit by reducing the burden on landfills while simultaneously generating electricity and heat. This not only addresses environmental concerns associated with landfill emissions but also supports the transition toward a circular economy, where waste is viewed as a valuable resource rather than a liability. Additionally, the increasing awareness of greenhouse gas emissions from conventional waste management practices is pushing governments and private entities to invest in WTE infrastructure.

Another pivotal growth driver is the continuous technological innovation within the sector, particularly in thermal, biological, and physical waste conversion processes. Advanced incineration methods, anaerobic digestion, and gasification are becoming more efficient and environmentally friendly, making them attractive to both developed and emerging economies. These innovations have led to higher energy yields, reduced operational costs, and improved emission control, making WTE projects more financially viable. Furthermore, the integration of digital monitoring and automation technologies is enhancing operational efficiencies, enabling real-time tracking of waste input and energy output, and facilitating predictive maintenance, which collectively contribute to sustained market growth.

Government policies and regulatory frameworks are also playing a crucial role in shaping the waste to energy market. Many countries have introduced stringent regulations to minimize landfill usage and promote renewable energy generation. Financial incentives such as feed-in tariffs, tax credits, and grants are encouraging investments in WTE plants. Moreover, international agreements aimed at reducing carbon footprints and promoting sustainable development are prompting nations to adopt WTE technologies as part of their national energy mix. Public-private partnerships and international collaborations are further accelerating the deployment of large-scale WTE projects, especially in regions facing acute waste management challenges.

Regionally, Asia Pacific dominates the global waste to energy market, accounting for over 38% of the total market share in 2024, followed by Europe and North America. The rapid industrialization and urbanization in countries like China, India, and Japan are driving significant investments in WTE infrastructure. Europe remains a leader in technological innovation and regulatory support, while North America is witnessing steady growth due to increasing environmental awareness and supportive state-level policies. The Middle East and Africa, though currently smaller in market size, are expected to register the highest CAGR during the forecast period, driven by rising energy demand and waste generation.

Technology Analysis

The waste to energy market is segmented by technology into thermal, biological, and physical processes, each contributing uniquely to the sector’s growth. Thermal technologies, including incineration, pyrolysis, and gasification, are the most widely a

The size of the Southeast Asia Waste-to-Energy Market was valued at USD 3.74 Million in 2023 and is projected to reach USD 8.68 Million by 2032, with an expected CAGR of 12.79% during the forecast period. Recent developments include: October 2023: The Thailand Board of Investment (BOI) approved an investment for promoting applications worth a combined USD 1.1 billion in projects, including the manufacturing of electric vehicles (EV), the generation of renewable energy from waste, data centers, and travel and tourism infrastructure and equipment. Further, C&G Environmental Protection (Thailand) Co., Ltd. received approval for a USD 0.13 billion investment in a 35-megawatt power generation project that will produce electricity from waste. The facility will be located in the area of the Nong Khaem Solid Waste Disposal Center in Bangkok., September 2022: PT Jakarta Propertindo (Jakpro), a city-owned developer, announced that the construction of Jakarta's inaugural waste-to-energy incinerator in Sunter, North Jakarta, will begin by the end of 2022.. Key drivers for this market are: 4., Increasing Waste Generation4.; Environmental Concerns and Sustainability Goals. Potential restraints include: 4., High Capital Costs Involved in Waste-to-Energy Infrastructure. Notable trends are: Growing Demand for Thermal-Based Waste-to-Energy Conversion.

Waste to Energy Market is projected to reach USD 61.9 Billion by 2033, with a 6.3% CAGR from 2024 to 2033.

US Waste To Energy Market size was valued to be USD 41.40 Billion in the year 2024 and it is expected to reach USD 72.74 Billion in 2032, at a CAGR of 7.3% over the forecast period of 2026 to 2032.

Key Market Drivers

Increasing Urbanization and Waste Generation: The continuous growth in urban populations across the United States has led to a surge in municipal solid waste. With limited landfill space and rising environmental concerns, waste-to-energy (WtE) systems are being adopted as a sustainable alternative to manage waste while generating energy.