Waste to Energy Market Research Report - Global Forecast till 2030

Waste to Energy Market Research Report: Information, by Technology [(Thermal Technology (Incineration, Pyrolysis, and Plasma-Arc Gasification), and Biological Technology (Methane Capture, Anaerobic Digestion, and Fermentation)] and Region (North America, Europe, Asia-Pacific, the Middle East & Africa, and South America) - Forecast till 2030

ID: MRFR/E&P/0861-HCR | December 2022 | Region: Global | 185 pages

Impact of COVID-19 on the Global Waste to Energy Market


The spread of COVID-19 has been progressing rapidly and having an impact on scenarios related to plastic use and follow-up waste. Even before the start of the pandemic, the management of plastic waste around the world was a major environmental issue due to growing concerns about pollution in terrestrial and marine ecosystems. The pandemic has led to major challenges in the handling of municipal solid waste (MSW) and hazardous medical waste. China has been affected the most on this issue. According to the State Council's Joint Prevention and Control Mechanism in China, the amount of MSW in large and medium cities was reduced by 30% during the disease outbreak. This is expected to affect the process of generating energy from waste in the upcoming months. However, the demand for medical products and packaging is increasing sharply during the COVID-19 pandemic due to the large demand from the hospitals and other health organizations to protect the general public, patients, health, and services workers. This is expected to create a shortage of plastic waste originating from manufacturing medical and packaging products in the next few years. There is a possibility that a significant number of employees will not be able to work in handling potentially infectious solid waste, which leads to a new type of operational challenge for waste management organizations.        


FIGURE: GLOBAL PLASTIC DEMAND BY SEGMENT, 2019


The COVID-19 outbreak seems to have a comparatively less impact on the waste to energy market in European countries. Despite the issues surrounding the pandemic, Lhoist company, a lime-based materials manufacturer in the UK, has decided to supply lime-based products for the waste to the energy sector. Thus, among the many adverse consequences of the COVID-19 pandemic is a sudden surge in the volume of plastic waste, particularly for products used for personal protection and healthcare applications. This would help use the plastic waste and convert it into the energy as plastics with high energy content that can be converted into electricity.


Waste to Energy Market


Source: Primary Experts, Secondary Sources, and MRFR Analysis


PLASTIC DEMAND


Source: Association of Plastic Manufacturers