Incinerator Market Report 2019-2024 | Industry Key Players: Babcock & Wilcox Co., Covanta Energy

Global Incinerator Market Research Report and Forecast 2024 Report Edition: 2019 © 2019 IMARC All Rights Reserved

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Global Incinerator Market Overview: According to the latest report by IMARC Group, titled “Incinerator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024�, the global incinerator market size was estimated to be US$ 12.6 Billion in 2018. Incinerator refers to a waste treatment process which includes the combustion of organic substances present in waste materials. The heat generated during the process is further employed for the production of electricity. Incinerator equipment is widely used in the management of medical, chemical, sewage, building, agricultural and municipality wastes. As this process assists in reducing the volume of solid waste significantly, the demand for incinerators is increasing across the globe.

Incinerator Market Trends Incinerators are one of the most popular waste-to-energy technologies used around the world for processing non-renewable waste. They aid in reducing the cost of transportation of waste as well as lowering the emissions of harmful gases generated from landfills. They also help in curbing soil pollution by preventing the toxic elements of untreated waste from leaching into the soil.

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157.3 146.7 152.0 141.4 136.1 125.5 130.8

160 140 120 100 80 60 40 20 0

120.2 2011

2012

2013

2014

2015

2016

2017

2018

In Billion US$

In Billion US$

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180 160 140 120 100 80 60 40 20 0

160.0 2019

175.9

181.2

186.5

165.3

170.6

2020

2021

2022

2023

2024

The growing environmental concerns in confluence with the increasing amounts of pollution, primarily in urban areas, is one of the primary factors impacting the demand for incinerators. On account, the market is projected to reach a value of US$ 16.5 Billion by 2024, expanding at a CAGR of 4.6% during the forecast period of 2019-2024.

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Apart form this, the declining availability of landfills and the increased potential offered by these devices to deal with plastic and non-organic waste is also strengthening the growth of the market.

For more information, click here: https://www.imarcgroup.com/incinerator-market Key Market Segmentation: Market Segmentation by Product Type • • • •

Moving Grate Static Hearth, Furnace and Multiple Hearth Rotary Kiln Fluidized Bed

Based on the product types, the market has been classified into moving grate; static hearth, furnace and multiple hearth; rotary kiln; and fluidized bed. At present, moving grate accounts for the majority of the market share.

Market Segmentation by End-User

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Municipal Sector Industrial Sector

On the basis of end users, the municipal sector represents the largest segment, followed by the industrial sectors.

Market Segmentation by Region • • • • •

North America Europe Asia Pacific Middle East and Africa Latin America

Region-wise, the market has been segregated as Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. Amongst these, Asia Pacific is the biggest market, accounting for the majority of market share.

Competitive Landscape:

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The competitive landscape of the market has also been examined with some of the key players.

• • • • • • • • • •

Babcock & Wilcox Co. Covanta Energy Corp.

Suez Environment Co. S.A Constructions industrielles de la Méditerranée S.A Gershman Brickner & Bratton, Inc. EEW Energy from Waste Gmbh Martin Gmbh Wheelabrator Technologies Novo Energy, LLC

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A partial List of

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Clients world's leading corporates, governments, and ourPartial ClientsList of institutions

A partial List of

We are the trusted business partners to the

of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions

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