NEW
YORK, July 9, 2024 /PRNewswire/ -- The largest
incineration plant in the world is the Xiaohaidong Incineration
Plant in Shenzhen, China. It has a
massive capacity to process over 5,000 tons of waste per day. The
global incineration plants market is poised for significant growth,
driven by a shift away from landfill use due to land scarcity.
However, challenges such as environmental concerns about pollutants
persist. Key players in the market include Babcock and Wilcox
Enterprises Inc., Covanta Holding Corp., SUEZ SA, and Veolia
Environnement SA, among others.
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Incineration Plants
Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
13.64%
|
Market growth
2024-2028
|
USD 70994.5
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
11.73
|
Regional
analysis
|
Europe, APAC, Middle
East and Africa, North America, and South America
|
Performing market
contribution
|
Europe at
39%
|
Key
countries
|
Germany, China, Saudi
Arabia, US, and Japan
|
Key companies
profiled
|
Babcock and Wilcox
Enterprises Inc., BT Wolfgang Binder GmbH, China Everbright
Environment Group Ltd., Covanta Holding Corp., Doosan Corp.,
Granutech Saturn Systems, Hitachi Zosen Corp., Incinco Ltd.,
INCINER8 Ltd., Ionicon Analytik Ges mbH, Kawasaki Heavy Industries
Ltd., Keppel Corp. Ltd., MARTIN GmbH, Mitsubishi Heavy Industries
Ltd., Nippon Steel Corp., OPSIS AB, Sembcorp Industries Ltd., SUEZ
SA, Veolia Environnement SA, and Wheelabrator Technologies Holdings
Inc.
|
Market Driver
The Integrated Waste Management System (IWMS) is a comprehensive
approach to solid waste management, developed by UN-Habitats in
2010. It consists of physical components, or elements, including
waste collection, treatment, and disposal, and the 3Rs (reduce, reuse, and recycle). The governance
strategies focus on stakeholder inclusion, financial stability,
sound institutions, and proactive policies. IWMS promotes
sustainable waste management by addressing both technical and
governance aspects. Organic waste undergoes anaerobic processing
for recycling and energy capture through composting and biogas
production. Non-organic waste, which cannot be recycled or
composted, is used for heat generation via thermal production or
incineration, producing refuse-derived fuel (RDF). Inert materials,
such as steel and aluminum, are recycled or reused in construction.
IWMS combines multiple waste treatment technologies, resulting in
synergy and efficient resource utilization. The IWMS has gained
popularity worldwide, with countries like Costa Rica and African nations adopting it as
a national framework law. These laws place responsibility on
municipalities and local authorities to develop sustainable waste
management plans. The Guide for the Development of Municipal Plans
on IWMS assists stakeholders in implementing these laws. The
adoption of IWMS will lead to efficient waste management,
contributing to the growth of the global incineration plants
market.
The Incineration Plants market is witnessing significant growth
due to increasing waste generation and limited landfill space. With
stricter environmental regulations, there is a shift towards land
incineration plants for waste management. Renewable energy sources
like electricity and heat generation from these plants are
trending. However, concerns over greenhouse gas emissions remain.
Urbanization, industrialization, and population growth fuel waste
generation, leading to a waste management crisis. Municipal solid
waste, household waste, and solid waste are the primary feedstocks.
Biomass incineration is also gaining traction. The combustion
chamber heats waste, generating steam that drives turbines for
electricity production. District heating systems provide warmth.
Energy demands are driving the market, but fossil fuels pose
pollution risks. Pollution control systems are essential for air
quality, addressing concerns over particulate matter, heavy metals,
methane emissions, and groundwater contamination. The circular
economy promotes resource utilization and reduces reliance on
finite resources. Incinerators with heat recovery systems and
emission control systems are key.
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Market Challenges
• Incineration
is a waste treatment process that involves the controlled
combustion of waste with heat recovery to generate steam, which in
turn produces power through steam turbines. This technology is
attractive for waste-to-energy applications, but it requires strict
controls to prevent pollution. Emissions from incinerators may
contain harmful substances such as heavy metals, dioxins, and
furans, which can impact air, land, and water. The ash produced
during incineration consists of bottom ash and fly ash. Bottom ash
originates from the furnace and is mixed with slag, while fly ash
arises from the stack and contains hazardous components. In the
case of municipal solid waste (MSW), bottom ash accounts for
one-third by weight and one-tenth by volume of the original waste,
while fly ash quantities are lower. Toxic materials are produced at
various stages, including stack pipes, ash residues, scrubber
water, filters, and air plumes. Energy recovery involves the use of
heat exchangers, which can increase dioxin production if the gases
are not properly managed. Dioxins are persistent organic pollutants
with severe environmental and health consequences. In response, the
US Environmental Protection Agency (EPA) introduced regulations
under the Clean Air Act in 2018 to limit emissions of nine
pollutants, including dioxins or furans, from four categories of
solid waste incineration units, such as MSW, hospital, medical and
infectious solid waste, and C and I waste. These regulations aim to
mitigate the environmental and health risks associated with
incineration, which may pose challenges to the growth of the
incineration plants market.
• The
Incineration Plants Market faces several challenges in handling
Municipal Solid Waste (MSW), Biomass, and other waste streams. The
combustion process in the chamber generates Steam and energy, which
can be utilized through Turbines for District Heating and
electricity generation. However, the increasing Energy Demands and
the shift from Fossil Fuels towards waste-to-energy solutions bring
new challenges. Pollution Control Systems are essential to mitigate
Air Quality issues from Particulate Matter, Heavy Metals, and other
Emissions. Landfills pose environmental concerns, leading to
Groundwater Contamination, Soil Degradation, and Methane Emissions.
The Waste Management Crisis calls for sustainable solutions like
Circular Economy and Resource Utilization. Finite Resources and
Urban Population growth necessitate efficient Waste Management.
Incinerators and Combustion Systems must adhere to stringent
Environmental Regulations, including Emission Control Systems.
Cement Plants, Construction Activities, and Cement Manufacturing
Units also contribute to Environmental Pollution. Government
Assistance and Flue Gas Treatment Systems are crucial to address
these challenges and ensure a sustainable future.
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challenges - Request a sample report!
Segment Overview
This incineration plants market report extensively covers market
segmentation by
- Application
- 1.1 Municipal
- 1.2 Non-municipal
- Capacity
- 2.1 Large capacity
- 2.2 Medium capacity
- 2.3 Small capacity
- Geography
- 3.1 Europe
- 3.2 APAC
- 3.3 Middle East and
Africa
- 3.4 North America
- 3.5 South America
1.1 Municipal- Municipal Solid Waste (MSW)
consists of residential waste, including food, paper, cardboard,
plastics, textiles, wood, yard wastes, metals, glass, special
wastes, white goods, batteries, oil, tires, consumer electronics,
e-waste, and household hazardous wastes. The generation of MSW is
influenced by economic development, local climate, and public
lifestyle, with regions of high income levels producing more waste.
New waste-to-energy (WTE) plants, such as the 25-MW dry waste
incineration facility opened in Gurugram, India, contribute to the market's growth. MSW
collection is expensive due to its dispersed nature, making WTE an
efficient solution for treatment. Energy recovered from MSW can
replace fossil fuels and supply heat or generate electricity.
China, for instance, has adopted
incineration due to its need for improved waste management and
President Xi Jinping's plan for an ecological civilization. Keppel
Corp. And Zhen Hu's Hong Kong project, set to treat 3,000 tons per
day of MSW, further highlights the market's potential. The
municipal segment will dominate the global incineration market due
to the high volume of MSW generated.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2017-2021) - Download a Sample Report
Research Analysis
Land incineration plants are facilities used for the thermal
treatment of waste, converting it into ash, gas, and heat. With
increasing waste generation and limited landfill space, the demand
for such plants is on the rise. However, environmental regulations
are stringent due to concerns over greenhouse gas emissions.
Renewable energy sources are becoming more prevalent, making the
market for incineration plants competitive. Waste management
infrastructure is a significant driver for the market, as
urbanization, industrialization, population growth, and consumption
patterns lead to an increase in municipal solid waste. Biomass and
industrial waste can also be processed in these plants. The
combustion chamber heats the waste, causing it to break down,
releasing energy in the form of electricity and heat. The process
also results in bottom ash, which can be used in cement plants and
construction activities. Land availability is a challenge for the
industry, as incinerators require large plots. Heat recovery
systems are essential to maximize efficiency and reduce emissions.
Combustion systems must be designed to meet strict environmental
regulations. In summary, the incineration plants market is driven
by waste management needs, urbanization, and industrialization, but
faces challenges related to land availability and environmental
regulations. The industry focuses on energy generation, heat
recovery, and reducing greenhouse gas emissions.
Market Research Overview
Land incineration plants are facilities used for the disposal of
waste through combustion. With increasing waste generation and
limited landfill space, these plants have gained popularity as a
solution to manage municipal solid waste, industrial waste, and
biomass. However, environmental regulations are stringent due to
concerns over greenhouse gas emissions, air quality, and pollution.
Renewable energy sources are increasingly being integrated into
these plants for electricity and heat generation, reducing reliance
on fossil fuels. Urbanization, industrialization, population
growth, and consumption patterns have led to a waste management
crisis, driving the demand for incineration plants. Waste breakdown
in the combustion chamber produces steam, which is utilized in
turbines to generate electricity. Heat is also recovered for
district heating and industrial processes. The process also
produces bottom ash, which can be used in cement plants or
construction activities. Environmental concerns include methane
emissions from landfills, groundwater contamination, soil
degradation, and air pollution. Pollution control systems are
essential to mitigate these issues. The circular economy and
resource utilization are key considerations, as finite resources
are being depleted. Municipal solid waste, household waste, and
solid waste in general, are the primary feedstocks for these
plants. Incinerators and combustion systems must adhere to strict
emission control systems to minimize particulate matter, heavy
metals, and other pollutants. Government assistance and
public-private partnerships are crucial to address the financial
and regulatory challenges of implementing these plants. Flue gas
from the incineration process is treated to remove pollutants
before release into the atmosphere. The municipal section of the
plant processes household waste, while the urban population and
industrial sector contribute to the industrial section. The energy
demands of these plants necessitate a constant supply of waste and
resources.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Application
-
- Capacity
-
- Large Capacity
- Medium Capacity
- Small Capacity
- Geography
-
- Europe
- APAC
- Middle East And Africa
- North America
- South America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
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