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Europe Waste-To-Energy (Wte) Market Forecast 2019-2028

The Europe waste-to-energy (WtE) market is predicted to evolve at a CAGR of 7.09% during the forecast period. The region generates enormous volumes of waste with the potential for energy recovery every year. This has paved the way for the implementation of many directives by the EU. Thus, government policies for waste management are among the primary factors propelling market growth.

The Europe waste-to-energy (WtE) market growth evaluation entails the market assessment of Germany, France, Belgium, Poland, Russia, Italy, the United Kingdom, and the rest of Europe. Germany is one of the largest municipal producers in the European region. The country has high recycling rates, almost 70% for industrial and commercial waste, and 67.6% for household waste. As per May 2018, there were 66 operational waste incineration plants in the country. The waste management responsibility is shared among the federal states, local authorities, and the national government. The National Ministry of Environment oversees strategic planning and information, along with drafting national legislation and setting priorities. As per the European Environment Agency, Germany was one of the first European countries to incorporate and introduce landfill limiting policies in the 1990s. Waste management has become a primary concern in Russia. The country is earnestly looking for implementing Waste-to-Energy (WtE) technologies for tackling the problem of increasing waste. The government has taken several measures like imposing ¬Ďecological fees' in 2017 to meet the task of eliminating waste collection. Similarly, many projects are being planned, which is estimated to supplement market growth.

Some of the leading companies in the market are AMEC Foster Wheeler Plc (Acquired by Wood Group), Covanta Holding Corporation, Keppel Seghers, Waste Management Inc, etc.

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Europe Waste-To-Energy (Wte) Market Forecast 2019-2028
Published By :Inkwood Research
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