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Incinerator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Incinerator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • April 2021
  • 107 pages
  • ID: 5661865
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global incinerator market reached a value of US$ 13.3 Billion in 2020. Incineration is a technology used for the treatment of waste products by combusting the organic substances present in it. Waste materials combusted in this process are converted into residual ash, fly gas (from incombustible materials), and heat. Incinerators are great waste management tools and the heat produced during the process is further used in the generation of electricity. To ensure safe and efficient operations, the furnace used during the combustion process is automatically monitored and controlled. Incinerators help curb down the solid mass of waste by almost 80-85% and the total volume by 95-96% which substantially reduces the requisite volume of disposal. Various types of incinerators that are currently available in the market include rotary kiln, fluidized bed, liquid injection, multiple hearths, catalytic combustion, waste gas flare, direct-flame, etc. Incinerators are mostly used for the management of chemical wastes, medical wastes, sewage incineration, agricultural wastes, building and municipality wastes, etc. Apart from this, thermal incinerators are used to reduce the waste from rector vents, distillation vents, solvent operations, and operations conducted in ovens and dryers.

Catalyzed by better waste management and the ability to handle a large quantity of the total waste generated in urban areas, the demand of various types of incinerators is undergoing strong growth. Moreover, the demand of incinerators is also being driven by a decline in the availability of landfills and the ability of incinerators to deal with artificial and non-organic waste. Additionally, incinerators keep a check on the rising levels of soil pollution, thereby minimizing the hazardous effects of untreated waste on the environment. Moreover, facilities carrying out the incineration process can be located close to the center of gravity of waste generation, as a result reducing the cost of waste transportation. Other factors that are currently driving this market include production of energy as a byproduct, uncontaminated groundwater, low carbon footprint, lower land requirements, etc. Looking forward, the analyst expects the global incinerator market to exhibit moderate growth during the next five years.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global incinerator market report, along with forecasts for growth at the global, regional and country-level from 2021-2026. Our report has categorized the market based on region, product type, and end-use.

Breakup by Product Type:
Based on the product type, the market has been segmented into moving grate; static hearth, furnace and multiple hearth; rotary kiln; and fluidized bed. Moving grate currently represents the biggest segment.

Breakup by End-Use:
Based on the end-use, the market has been segmented into municipal sector and industrial sector.

Regional Insights:
Region-wise, the market has been segmented into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. Asia Pacific currently represents the biggest market.

Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players being Babcock & Wilcox Co., Covanta Energy Corp., Suez Environnement Co. S.A., Constructions industrielles de la Méditerranée S.A, Gershman, Brickner & Bratton, Inc., EEW Energy from Waste Gmbh, Martin Gmbh, Wheelabrator Technologies and Novo Energy, LLC.

This report provides a deep insight into the global incinerator market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the incinerator industry in any manner.

Key Questions Answered in This Report:
1. What is the market size for the global incinerator market?
2. What is the global incinerator market growth?
3. What are the global incinerator market drivers?
4. What are the key industry trends in the global incinerator market?
5. What is the impact of COVID-19 on the global incinerator market?
6. What is the global incinerator market breakup by product type?
7. What is the global incinerator market breakup by end-use sector?
8. What are the major regions in the global incinerator market?
9. Who are the key companies/players in the global incinerator market?

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