Wednesday, July 4, 2012

Waste to energy markets to grow 11.2% annually through 2021: SBI Bulletin


 Industrial and energy market research publisher SBI has released a research study on the global Waste to Energy (WtE) market, revealing the market increased from $4.8 to $7.1 billion during the 2006-2010 historical period, with a compound annual growth rate (CAGR) of 8.0%. The study also projects the market will post a CAGR of 11.2% from 2011 through 2021, growing from $8.5 to $27.2 billion.
The report, SBI Bulletin: Waste to Energy Technologies, Market Size and Growth: 2006-2021, breaks down the WtE industry with discussions of the historic market for WtE technologies and estimates for the future market from 2011 through 2021. The specific methods used for assessing the market size and trends are included in the study, as well as summaries of the major market factors that are expected to influence the growth of the market through 2021.
"During the 2006 through 2010 historic period, approximately 95% of the global WtE market was accounted for by only two technologies: incineration and anaerobic digestion," SBI Bulletin analyst Robert Eckard notes. "However, pyrolysis, plasma gasification, and gasification are expected to gain relative market share, and together will comprise over 30% of the total WtE market by 2015."
SBI Bulletin: Waste to Energy Technologies, Market Size and Growth: 2006-2021 examines the markets for incineration, gasification, plasma gasification, pyrolysis, and anaerobic digestion. Markets are reviewed by global region, with additional discussions of market factors relevant to specific countries and/or sub-regional areas.

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