Global Market for Incinerator Technologies is expected to reach $16.8 billion by 2022
While global growth in incineration staggered in the wake of the global economic turndown, global incineration markets are well-poised for continued recovery and consistent growth. Since 2008, global markets for incinerators have resurged from $7.9 billion to $9.2 billion in 2012 (CAGR of 3.9%). By 2022, global markets will more than double, reaching a value of $16.8 billion (2012-2022 CAGR of 6.2%). Observed and forecasted growth reflects a combination of steady market expansion countered by notable contractions for select technologies and applications, through 2022. These trends reflect an array of complex market influences, ranging from technology cost effectiveness to incinerator plant capital and operation period economics to regulatory support as well as regulatory controls on incinerator deployment.
Waste management varies regionally and also based on waste content. In North America, landfills are by far the preferred method of disposal for municipal waste. The continent is served by over 6,500 landfills. But in many areas, landfills are falling out of favor. European waste management practices stress reduced landfilling plus incentivizing or even mandating of incineration/waste to energy. And in China, where an estimated 1,400 new landfills would need to be established by 2030 in order to handle 500 million tons of trash, the government is looking toward all forms of waste management including incineration, to minimize and reduce anticipated future waste management burdens.
In Europe, North America, and in Asia, incinerators are a technology of choice (along with boilers and industrial furnaces) for the combustion/destruction of many industrial and hazardous wastes. These include biohazardous wastes from hospitals and medical establishments, as well as select industrial and chemical wastes that cannot be easily disposed of otherwise, and that are suitable for incineration.
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At the community level, the advantages of incineration are clear: incineration can reduce waste volume by 90% or more, which significantly decreases the need for landfilling and long term storage of municipal wastes. Incineration obliterates biohazards, and when managed properly with appropriate feedstocks, can minimize the toxicity of hazardous industrial and chemical wastes. New emissions control systems have been shown to greatly reduce airborne emissions, rendering incinerators safer than ever before. However, public relations issues remain to be solved. There is much ground to be gained by industry in terms of public acceptance of incineration in a growing number of existing incinerator market regions.
Waste Incinerator Technologies Global Markets contains comprehensive data on the worldwide market for the following waste incineration technologies: moving grate, rotary-kiln, static hearth/static furnace, multiple furnace, and fluidized bed incinerators. Historic as well as projected future market data are provided, including 2008-2012 historic market data and market projections for 2013 to 2022, in terms of the dollar value of product shipments. The report identifies key trends affecting the marketplace, along with trends driving growth, and central challenges to further market development. The report also profiles leading manufacturers and suppliers of incinerators and that are most relevant to the industry.
Report Methodology
The information in Waste Incinerator Technologies Global Markets is based on data from the U.S. Department of Commerce, other U.S. executive agencies, the U.S. Census Bureau, U.S. national laboratories, U.S. and global energy research institutions, the European Commission/EUROSTAT, the National Bureau of Statistics of China, and the World Bank, along with information from trade associations, business journals, company literature and websites, Securities and Exchange Commission reportings, and research services such as Simmons Market Research Bureau.
What You’ll Get in This Report
Waste Incineration Technologies Global Markets makes important predictions and recommendations regarding the near term and mid term future of this market. It pinpoints methods that current and prospective industry players can capitalize on to identify existing trends, spearhead new trends, and identify and expand into niche and specialty markets. No other market research report provides both comprehensive analysis and extensive, quality data that Waste Incineration Technologies Global Markets offers. Plus, you’ll benefit from extensive data, presented in easy-to-read and practical charts, tables and graphs.
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How You’ll Benefit from This Report
If your company is already doing business in the waste or incineration market, in associated manufacturing industries, or is considering making the leap, you will find this report invaluable, as it provides a comprehensive package of information and insight not offered in any other single source. Incineration technology holders and developers, investors, marketers, midstream industry, and related technology startups will also benefit from key insights into market structure, the supply chain, projects worldwide, and industry suppliers associated with waste to energy technologies. The report provides an extensive review of markets for incinerators from 2008, and projects trends through 2022.
This report will also help:
- Marketing managers identify market opportunities and develop targeted promotion plans for waste to energy technologies, components, materials, and services.
- Research and development professionals stay on top of competitor initiatives and explore demand for incinerator technologies, components, materials, and associated services.
- Business development executives and entrepreneurs understand the dynamics of the industry/market and identify possible partnerships.
- Advertising agencies working with clients in the waste or incineration industry to understand the market for incineration technologies, their application, and the product procurement and project construction process; to develop messages and images that compel consumers to invest in companies supplying or operating incineration facilities.
- Information and research center librarians provide market researchers, brand and product managers and other colleagues with the vital information they need to do their jobs more effectively.
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