Waste to energy market to reach 63.11 billion by 2030, research finds

In India, Maximize Market Research reported that the global waste to energy market size is expected to reach a value of $63.1 billion by 2030.

The market, which reached a value of $35.2 billion last year, is forecast to expand at a CAGR of 8.68% from 2024 to 2030.

“The waste to energy market dynamics are largely driven by a combination of energy security concerns and the depletion of conventional energy resources. As the global demand for energy continues to rise, governments and industries are increasingly looking at WtE technologies as a viable option for energy production. The continuous generation of municipal waste, coupled with declining landfill availability, has positioned WtE as an attractive solution for transforming waste into renewable energy, thereby alleviating pressure on landfills while generating valuable energy,” the report stated.

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