U.S. and Canada Waste-to-Energy Market 2023: Impact of Technological Developments on Top Growing Regions till 2032

** U.S (New York) According to Report Ocean recently released its “U.S. and Canada Waste-to-Energy Market” Research Report for the years 2023-2032. This report conducts an extensive examination of the market, delving deep into its dynamics, encompassing crucial trends, emerging technologies, driving forces, challenges, and regulatory measures. In addition, it provides insights into the strategies and profiles of key industry players. Comprising over 100+ data tables, pie charts, graphs, and figures, this market study offers a comprehensive understanding of the market landscape. It delivers a thorough evaluation, encompassing future trends, current growth drivers, expert perspectives, factual insights, and industry-validated market data, all of which contribute to precise forecasts extending until 2032.

The U.S. & Canada waste-to-energy market was valued at $1,811.0 million in 2018, and is projected to reach $2,894.0 million by 2026, growing at a CAGR of 6.0% from 2019 to 2026. Waste-to-energy (WtE) or Energy from Waste (EfW) is a process of energy recovery, and the technique of generating energy in the form of heat or electricity from the primary treatment of waste. Most of the WtE processes produce heat or electricity directly through thermal combustion, or generate a combustible fuel commodity, including methanol, methane, synthetic fuels, or ethanol. There are around 450 WtE facilities in Canada and 1,000 in the U.S.

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Who is the largest manufacturers of U.S. and Canada Waste-to-Energy Market Worldwide ?

– John Wood Group PLC
– Babcock & Wilcox Enterprises, Inc.
– Covanta Holding Corporation
– Waste Management, Inc.
– Mitsubishi Heavy Industries
– Plasco Energy Group, Inc.
– Xcel Energy, Inc.
– Wheelabrator Technologies Inc.
– BlueFire Renewables
– Ener-Core, Inc.
Other key players operating in the waste-to-energy market in the U.S. & Canada regions are Global Clean Energy, Inc., Natural Energy Systems, Inc., Greenlight Energy Solutions, International Composting Corporation, and WaterSmart Environmental, Inc.

Has there been any international intervention to address the Russia-Ukraine War?

Minsk Agreements: The Minsk Agreements are a set of ceasefire agreements aimed at resolving the conflict in Eastern Ukraine. They were negotiated through the Organization for Security and Cooperation in Europe (OSCE) with the involvement of Russia, Ukraine, and representatives of the self-proclaimed Donetsk and Luhansk People’s Republics. These agreements have been a centerpiece of diplomatic efforts, but they have not led to a comprehensive resolution of the conflict.

Normandy Format: The Normandy Format is a diplomatic group involving the leaders of Ukraine, Russia, Germany, and France. This format has been used to facilitate negotiations and discussions aimed at resolving the conflict, but it has faced numerous challenges and has not resulted in a lasting peace settlement.

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OSCE Monitoring Mission: The Organization for Security and Cooperation in Europe (OSCE) has deployed a Special Monitoring Mission (SMM) to Ukraine. This mission’s purpose is to monitor the security situation, report on violations, and facilitate dialogue between the conflicting parties.

Sanctions: Many Western countries, including the United States and the European Union, imposed economic sanctions on Russia in response to its actions in Ukraine. These sanctions were intended to put economic pressure on Russia and encourage a diplomatic solution.

United Nations: The United Nations has been involved in various ways, including efforts to facilitate humanitarian assistance and providing a forum for international discussions on the conflict.

Humanitarian Aid: Various international organizations and countries have provided humanitarian assistance to people affected by the conflict in Ukraine.

The U.S. and Canada waste-to-energy market growth is accelerated by increasing demand for renewable sources of energy. Waste-to-energy is one of the most effective and robust source of energy derived from waste as a combustion substance. Rise in demand for electricity consumption is also other factor responsible for the growth of the U.S. and Canada waste-to-energy Market. Other factors include increase in demand for incineration process and rise in public WtE expenditure. Moreover, increase in inclination of consumers toward efficient and easy WtE conversion techniques, such as incineration, gasification, pyrolysis, and various biochemical treatments, including aerobic and anaerobic digestion, is expected to significantly boost the U.S. & Canada waste-to-energy market growth.

However, there are certain factors expected to hamper the growth of the market. Rise in concerns related to the environmental hazards associated with the incineration process is expected to affect the overall market growth in developed and developing countries.

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On the contrary, increase in investments in R&D activities to ensure reliability in terms of environmental effects is expected to offer lucrative opportunities for the market growth in the future.
The U.S. & Canada waste-to-energy market is segmented on the basis of type of technology and U.S. & Canada regions. On the basis of type of technology, the market is bifurcated into thermal, biochemical and others. The thermal segment is further categorized into incineration, pyrolysis, and gasification. The incineration segment is anticipated to register a significant CAGR during the forecast period. Country wise, the market is analyzed across the U.S. & Canada.

KEY BENEFITS FOR STAKEHOLDERS
– The report provides extensive qualitative and quantitative analyses of the current trends and future estimations of the U.S. and Canada waste-to-energy market from 2018 to 2026 to determine the prevailing opportunities.
– Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
– Estimations and forecast are based on factors impacting the market growth, in terms of both value and volume.
– Profiles of leading players operating in the U.S. and Canada waste-to-energy market has been provided, and this helps can be useful for understanding the competitive scenario in both countries.
– The report provides extensive qualitative insights on the significant segments and countries exhibiting favorable market growth.

Key Market Segments:

– By Type of technology
? Thermal
– Incineration
– Pyrolysis
– Gasification
? Biochemical
? Others

– By Country
o U.S.
o Canada

Table of Contents:

  1. Executive Summary
  2. Introduction
  3. Methodology
  4. Market Overview
  5. Market Analysis
    1. Market Size and Forecast
    2. Market Trends
    3. Market Dynamics
    4. Market Segmentation
  6. Competitive Landscape
    1. Competitive Scenario
    2. Key Players
  7. Regional Analysis
    1. Regional Market Overview
    2. Market Size and Forecast by Region
  8. Product/Service Analysis
    1. Product/Service Overview
    2. Market Size and Forecast by Product/Service
  9. End-User Analysis
    1. End-User Overview
    2. Market Size and Forecast by End-User
  10. Industry Structure
  11. Key Findings and Recommendations
  12. Conclusion

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What are the goals of the report?

  • The predicted market size for the Market Industry at the conclusion of the forecast period is shown in this market report.
  • The paper also analyses market sizes in the past and present.
  • The charts show the year-over-year growth (percent) and compound annual growth rate (CAGR) for the given projected period based on a variety of metrics.
  • The research contains a market overview, geographical breadth, segmentation, and financial performance of main competitors.
  • The research evaluates the current situation of the industry in North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, as well as future growth opportunities.
  • The study examines the future period’s growth rate, market size, and market worth.

PEST Factors:

Political Factors:

  • Identification of government policies and political groups that may impact business success.
  • Assessment of political environment stability and potential for changes.
  • Evaluation of upcoming local, state, or national elections and their potential influence on government policies.
  • Analysis of key contenders for power and their stance on trade policies affecting the organization.
  • Examination of property rights, rule of law, corruption, and organized crime levels, along with potential future changes and implications.
  • Consideration of pending legislation and tax changes that could affect the business positively or negatively.
  • Review of business regulations and potential changes, and identification of trends towards regulation or deregulation.
  • Examination of government stance on corporate policies, corporate social responsibility, environmental issues, and customer protection legislation, and potential impacts.
  • Estimation of the timeline for proposed legislative changes.
  • Identification of other potential political factors that could bring about change.

Economic Factors:

  • Anticipation of future economic influences on the business.
  • Evaluation of current economic performance and its immediate effects.
  • Analysis of how economic factors impact prices, income, and costs.
  • Assessment of economic stability – growth, stagnation, or decline.
  • Consideration of stability or fluctuations in key exchange rates.
  • Examination of trends in customers’ disposable income levels and predictions for the future.
  • Evaluation of unemployment rates and ease or difficulty in building a skilled workforce.
  • Analysis of access to credit for consumers and businesses and its potential effects on the organization.
  • Consideration of globalization’s impact on the economic environment.
  • Identification of additional economic factors worth considering.

Social Factors:

  • Examination of customer beliefs and values and their influence on purchasing behaviors.
  • Analysis of cultural trends and human behaviors affecting the business.
  • Assessment of population growth rates, age profiles, and likelihood of changes.
  • Consideration of generational attitude shifts and their potential impact.
  • Evaluation of health, education, and social mobility levels in society, along with changing trends and implications.
  • Examination of employment patterns, labor market trends, and age-specific work attitudes.
  • Analysis of relevant social attitudes, taboos, and recent socio-cultural changes.
  • Consideration of the influence of religious beliefs and lifestyle choices on the population.
  • Identification of other sociocultural factors with the potential to drive change.

Technological Factors:

  • Assessment of current and emerging technological advances and innovations.
  • Evaluation of technology’s impact on business operations.
  • Identification of new technologies currently being used or considered for implementation.
  • Anticipation of potentially disruptive technologies on the horizon.
  • Analysis of competitors’ access to new technologies that could redefine products.
  • Examination of focus areas for government and educational institution research, with potential opportunities for the business.
  • Assessment of how changes in infrastructure have affected work patterns (e.g., remote work levels).
  • Identification of existing technology hubs for potential collaboration and learning.
  • Consideration of other relevant technology-related factors.

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