Global Incinerator Market Size To Worth USD 22.8 Billion By
From GlobeNewswire: 2024-05-28 07:00:00
The global incinerator market is set to grow from USD 18.5 billion in 2023 to USD 22.8 billion by 2033, with a CAGR of 2.11%. Factors driving this growth include environmental regulations, technological advancements, and a need for sustainable waste management solutions. The healthcare industry generates a significant amount of hazardous medical waste, increasing the demand for specialized waste management solutions such as incineration. In North America, waste-to-energy incineration presents opportunities for energy recovery and renewable energy generation. The Asia-Pacific region is experiencing rapid urbanization and industrial expansion, leading to increased waste production and a greater demand for incineration solutions.
Major vendors in the global incinerator market include ACS Inc., Alfa Therm, Babcock & Wilcox Co., Dutch Incinerators, and many others. Recent developments include the Fukushima Municipal Government issuing an order to reconstruct the Abukuma Incineration Plant. Market segmentation includes product analysis (rotary kiln, fluidized bed, grate, static hearth, multiple hearth) and end-use analysis. The report provides an in-depth competitive analysis of key companies and recent market developments. Global Energy as a Service (EaaS), Green Diesel, Cobalt Free Batteries, and Small-Scale LNG market reports are also available for further analysis.
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