Between 2021 and 2025, global waste-to-energy (WtE) market is all set for over 7% growth, projects a newly released report of Fairfield Market Research. The market size exceeded valuation of US$25.7 Bn in 2020 and is likely to grow strong with greater emphasis on the renewables sector worldwide. In the backdrop of an escalating need for energy and the contrastingly depleting natural energy resources, waste-to-energy is being increasingly considered as a viable route of energy generation that also addresses the aggravating waste management concerns. With estimations about the global daily waste generation reaching 6 MT by 2025 in terms of volume, the report expects WtE market to reflect high growth potential in the near future.
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