The Global Waste To Energy Market is estimated to be valued at USD 29.6 Mn in 2025 and is expected to reach USD 46.1 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 6.5% from 2025 to 2032.
The major drivers for the growth of waste to energy market include the increasing popularity of renewable energy resources, high waste generation, stringent regulations regarding waste disposal, and world policy regarding climate change such as the Kyoto Protocol and Paris Climate Agreement. The restraining factors for the growth of the market include low fossil fuel prices, which can be attributed to an oversupply of crude oil and gas due to increased production from shale reserves in the U.S. The availability of low-cost feedstock has significantly reduced the costs of production of conventional plastic.
|
Current Event |
Description and its Impact |
|
Advanced Gasification and Plasma Technologies Development |
|
|
Global Inflation and Energy Price Crisis |
|
Uncover macros and micros vetted on 75+ parameters: Get instant access to report
Based on equipment type, Conveyors segment is projected to dominate the global waste to energy market in 2025, due to their critical role in efficiently transporting waste materials through various stages of the energy conversion process. Conveyors enhance automation, reduce manual handling, and improve operational efficiency and safety within WTE facilities. Their adaptability to different types of waste and integration with sorting, shredding, and combustion systems make them essential for large-scale, continuous waste processing.
For instance, in April 2024, Metso launched productized FIT™ in-plant and Foresight™ overland conveyors for reliable material transportation in the mining industry. The standardized conveyor modules and premium components offer high capacity and layout flexibility as well as substantial savings in time and resources, from feasibility and design to implementation, thereby enabling higher lifetime productivity.
To learn more about this report, Download Free Sample
Europe is projected to hold around 32.5% shares in the global waste to energy market during the forecast period. This is owing to the region's stringent environmental regulations, high landfill taxes, and strong policy frameworks that promote sustainable waste management practices. Additionally, the European Union’s push towards achieving climate neutrality and reducing reliance on fossil fuels has accelerated investment in WTE technologies.
For instance, in May 2024, Northern European energy company Gren announced its plan to invest more than EUR 200 million in Latvia to build a waste-to-energy plant in Acone. The new plant will use the most modern and safest technologies and is expected to be operational in 2029.
Asia Pacific is projected to hold around 31.6% shares in the global waste to energy market during the forecast period. This is owing to rapid urbanization, population growth, and the resulting surge in municipal solid waste across major economies such as China, India, and Japan. Governments in the region are increasingly investing in WTE infrastructure to address waste management challenges and reduce environmental pollution.
For instance, Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC), part of MHI Group, have made a wholly-owned subsidiary of TuasOne Pte. Ltd., a special purpose company (SPC) for the business of the construction and operations of a waste-to-energy (WTE) facility in Singapore.
The U.S. is projected to hold around 24.6% shares in the global waste to energy market during the forecast period. This is owing to increasing emphasis on sustainable waste management solutions, rising energy demand, and growing concerns over landfill capacity. Federal and state-level initiatives promoting renewable energy and reducing greenhouse gas emissions are encouraging the adoption of WTE technologies.
For instance, in September 2025, IKEA U.S. has launched a food waste pilot program that takes a direct aim at one of retail’s most stubborn environmental challenges: organic waste. Partnering with Vanguard Renewables, a Massachusetts-based organics recycling company, the initiative will test how restaurant scraps from five IKEA stores can be transformed into renewable natural gas and fertilizer.
China is projected to hold around 10.5% shares in the global waste to energy market during the forecast period. This is due to the country's rapid urbanization, massive population, and the resulting increase in municipal solid waste generation. The Chinese government has made waste-to-energy a key part of its waste management and renewable energy strategies, with strong policy support, financial incentives, and large-scale infrastructure investments.
For instance, in July 2025, China’s Hunan Junxin Environmental Protection Co. Ltd. planned to invest $600 million in constructing three waste-to-energy plants in Kazakhstan.
| Report Coverage | Details | ||
|---|---|---|---|
| Base Year: | 2024 | Market Size in 2025: | USD 29.6 Mn |
| Historical Data for: | 2020 To 2024 | Forecast Period: | 2025 To 2032 |
| Forecast Period 2025 to 2032 CAGR: | 6.5% | 2032 Value Projection: | USD 46.1 Mn |
| Geographies covered: |
|
||
| Segments covered: | By Equipment: Trommel Screens, Conveyors, Separators, Optical Sorter, Grinders, Balers, Screens (Disc Screens, Star Screens, and Free Flow Screens), Shredders, and Others | ||
| Companies covered: |
Babcock & Wilcox Enterprises, BCE – Burners and Combustion Equipment, China Everbright International Limited, CP Manufacturing Inc., Harpscreen International Ltd., Hustler Conveyor Company, Multotec, Screen Machine Industries, SUEZ NEWS, Sutco RecyclingTechnik GmbH, Terex Ecotec (Terex Corporation), Vermeer Corporation S.A., Tetronics (International), Limited., Advanced Plasma Power Limited (APP), Ylem Energy Limited, Wheelabrator Technologies Inc., Waste Management, Inc., Sierra Energy Corporation, MDS International, FLSmidth & Co., A.S., Machinery (Group) Ltd., McLanahan Corporation |
||
| Growth Drivers: |
|
||
| Restraints & Challenges: |
|
||
Uncover macros and micros vetted on 75+ parameters: Get instant access to report
The waste-to-energy (WTE) market presents significant opportunities as nations seek sustainable solutions to growing waste and energy demands. With increasing urbanization and stricter environmental regulations, converting municipal solid waste into electricity or heat offers a dual benefit: reducing landfill use and generating renewable energy. Emerging economies, in particular, show strong potential due to rising waste volumes and inadequate waste management infrastructure.
Share
Share
About Author
Sakshi Suryawanshi is a Research Consultant with 6 years of extensive experience in market research and consulting. She is proficient in market estimation, competitive analysis, and patent analysis. Sakshi excels in identifying market trends and evaluating competitive landscapes to provide actionable insights that drive strategic decision-making. Her expertise helps businesses navigate complex market dynamics and achieve their objectives effectively.
Missing comfort of reading report in your local language? Find your preferred language :
Transform your Strategy with Exclusive Trending Reports :
Frequently Asked Questions
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients
Schedule a meeting with report Author
