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North America Waste-To-Energy (Wte) Market Forecast 2019-2028

The North America waste-to-energy (WtE) market is predicted to showcase a CAGR of 7.40% during the forecast period, 2019-2028. The North American region, being a developed one, has a huge demand for energy resources. The region entails a large number of industries that yield a vast amount of hazardous, agricultural, and industrial wastes.

The North America waste-to-energy (WtE) market growth analysis involves the market evaluation of Canada and the United States. In Canada, the waste generation and management practices in the country are regulated by federal, provincial, and municipal governments. The growth in the number of WtE facilities over the years is projected to play an important role in fueling the growth of the market. Moreover, the rising preference for utilizing non-recyclable plastics in the place of landfilling for waste-to-energy treatment is set to influence the market growth prospects. The Canadian Resource Recover Council (CRRC), a new regulatory body for resource recovery and waste-to-energy generation formed in August 2014, is expected to collaborate with decision-makers for framing policies and creating progressive regulations. This is for supporting the development and utilization of resources recovery. Beef manufacturing companies like Cargill are planning to invest in developing waste-to-energy treatment plants. Canada is considered as one of the largest beef manufacturers, generating significant revenue.

Some of the prominent companies operating in the market include, Babcock & Wilcox Enterprise Inc, Covanta Holding Corporation, Plasco Conversion Systems (Acquired by RMB Advisory Services), Green Conversion Systems Inc, Keppel Seghers, etc.

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