Waste To Energy Market Research Report Information By Type of Waste (Paper, Wood, Food Waste , Plastics ,Metals, And Others), By Technology (Incineration, Gasification, Pyrolysis), By application (Nasal Allergies, Cold, Asthma, Rhinitis, Sinusitis, Nasal Polyps and Others) , By Application (Electricity Generation, Heat Generation, Transport Fuels, Others) and by Region (North America, Europe, Asia-Pacific, South America, And Middle East & Africa) –Market Forecast Till 2035

Waste to Energy Market Summary

As per MRFR Analysis, the Global Waste-to-Energy Market was valued at USD 47.34 million in 2025 and is projected to reach USD 95.19 million by 2035, growing at a CAGR of 7.2% from 2024 to 2035. The increasing waste pileup, driven by population growth, urbanization, and industrialization, is propelling the demand for waste-to-energy solutions. Waste-to-energy technologies, including incineration, gasification, and pyrolysis, convert waste into energy while addressing environmental concerns. The Asia-Pacific region holds the largest market share, with significant investments in waste-to-energy infrastructure and supportive government policies.

Key Market Trends & Highlights

Key trends driving the Waste-to-Energy market include increasing waste generation and technological advancements.

• Projected municipal waste to reach 3.4 billion tons by 2050 due to urbanization and economic development.
• Food Waste segment held the largest market share in 2022, emphasizing eco-friendly energy production.
• Incineration technology dominated the market in 2022, significantly reducing waste volume while generating energy.
• Electricity Generation application is expected to register the highest growth rate during the forecast period.

Market Size & Forecast

2025 Market Size: USD 47.34 million

2035 Market Size: USD 95.19 million

CAGR: 7.2%

Largest Regional Market: Asia-Pacific.

Major Players

Key companies include Veolia, Babcock & Wilcox Enterprises, Arrow Ecology Ltd., Axpo Holding AG, Biogen LTD, and Hitachi Zosen Inova AG.

Increasing Waste Pileup, Growing Concern For Waste Management To Meet The Needs For Sustainable Urban Living, Increasing Focus On Non-Fossil Fuel Sources Of Energy,  And Increase In Production Of Clean Energy From Waste Drives Market Growth Is Driving The Waste To Energy Market.

As per Analyst at MRFR,” The Waste-to-Energy (WTE) Market is experiencing significant growth driven by several key factors, including the increasing pileup of waste, the growing need for sustainable urban living, and the rising focus on non-fossil fuel energy sources. As the demand for clean energy rises, the production of energy from waste has become an essential solution for waste management, helping to address both landfill overflows and energy shortages. However, the market faces challenges such as the varying composition of waste streams, which complicates the efficiency of WTE processes, and the high costs associated with waste-to-energy technologies, which may hinder widespread adoption.”

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Waste To Energy Market Trends

DIGITALIZATION IN WASTE MANAGEMENT TECHNIQUES TO SPUR MARKET

The growing trend of digitalization in waste management presents a significant opportunity for the global Waste-to-Energy (WTE) market. As digital technologies like Internet of Things (IoT), artificial intelligence (AI), big data analytics, and automation continue to evolve, they offer new ways to optimize waste management processes and enhance the efficiency of WTE systems. Digitalization allows for more precise monitoring, real-time tracking of waste streams, predictive maintenance, and better decision-making, all of which contribute to lowering costs and improving the performance of WTE plants. These advancements can enable WTE facilities to operate more effectively, process a wider variety of waste types, and increase energy recovery rates, leading to significant growth in the market.

Digitalization enables WTE plants to collect and analyse large amounts of data in real-time, offering insights into waste composition, plant performance, and energy output. By applying big data analytics and AI algorithms, WTE plants can better predict waste quality and quantity, optimize combustion or gasification processes, and ensure more consistent energy recovery. For instance, AI-driven systems can predict the calorific value of waste based on historical data, allowing the plant to adjust parameters to maximize energy generation. This leads to improved operational efficiency, reduced downtime, and increased profitability, all of which help make WTE more attractive as a waste management and energy generation solution.

Waste To Energy Market Segment Insights

Waste To Energy By Type Of Waste Insights

Based on type of waste, the waste to energy market is segmented into: Paper, Wood, Food Waste, Plastics, Metals, Others. The Food Waste segment dominated the global market in 2024, while the Paper is projected to be the fastest–growing segment during the forecast period.

Food waste, which includes leftovers, expired items, and organic waste, is a growing challenge worldwide. However, food waste is a valuable resource for WTE technologies like anaerobic digestion, which converts organic material into biogas (mainly methane), a renewable energy source. Food waste can also be processed through composting and incineration to produce energy. The environmental benefits of using food waste for energy are significant as it helps reduce greenhouse gas emissions from landfills, where food waste would otherwise decompose anaerobically and release methane. As food waste generation continues to increase globally, its role in WTE will become more critical.

Waste To Energy By Technology Insights

Based on technology, the waste to energy market is segmented into: Incineration, Gasification, Pyrolysis. The Incineration segment dominated the global market in 2024, while the Incineration is projected to be the fastest–growing segment during the forecast period.

Incineration is the most widely used Waste to Energy (WTE) technology, involving the combustion of solid waste at high temperatures to generate heat, which is then used to produce steam and drive turbines to generate electricity. The process significantly reduces the volume of waste, typically by 80-90%, and can also be used for district heating. While incineration is a mature and proven technology, it has been met with environmental concerns, especially related to air pollution and the release of toxic emissions, such as dioxins and furans, unless properly controlled. However, advancements in flue gas cleaning and pollution control systems have helped mitigate these concerns, making incineration an important part of the WTE landscape, especially in regions like Europe, where strict regulations are in place.

Figure 1: Waste To Energy Market, By Technology, 2024 & 2035 (USD MILLION)

Waste To Energy By Application Insights

Based on application, the waste to energy market is segmented into: Electricity Generation, Heat Generation, Transport Fuels, Others. The Electricity Generation segment dominated the global market in 2024, while the Heat Generation the Counter is projected to be the fastest–growing segment during the forecast period.

Electricity generation is the most common and widespread application of Waste to Energy (WTE) technologies. In this process, waste materials such as municipal solid waste (MSW), biomass, and other organic materials are incinerated, gasified, or processed through anaerobic digestion to produce heat, which is used to generate steam. This steam drives turbines that generate electricity. WTE plants focused on electricity generation are often integrated into local or national energy grids, contributing to renewable energy portfolios. This application not only helps reduce landfill waste but also provides a reliable and consistent source of energy. As a renewable energy source, WTE plants that generate electricity are increasingly seen as an important solution to reducing dependence on fossil fuels while tackling waste management challenges.

Waste To Energy Regional Insights

The Waste To Energy Market is segmented into North America, Europe, Asia-Pacific, South America and Middle East & Africa. The Asia Pacific region accounted for the largest market share with market value of USD 19.27 Million in 2024 and is anticipated to reach USD 41.69 Million by 2035 witnessing growth at a CAGR of 7.3% from 2024 to 2035.

The global Waste to Energy (WTE) market has experienced significant growth in recent years due to rising concerns over waste management, environmental protection, and the need for alternative energy sources. Regionally, the market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. Among these, the Asia-Pacific region has emerged as the dominant player, holding the largest market share in 2024. This growth is primarily driven by the increasing urban population, growing industrialization, and government initiatives aimed at promoting sustainable waste disposal and clean energy generation across countries such as China, India, and Japan. The region is expected to maintain this leading position, with the market projected to expand further and reach a value of around USD XX by 2035, reflecting a robust compound annual growth rate (CAGR) of 7.3% during the forecast period.

Europe, on the other hand, also held a substantial share of the global WTE market in 2024. The region benefits from advanced technologies, stringent environmental regulations, and strong public awareness regarding waste reduction and energy efficiency. European countries continue to invest in innovative WTE solutions to minimize landfill use and reduce greenhouse gas emissions. Together, Asia-Pacific and Europe represent the core of global market activity, setting the pace for advancements in waste-to-energy conversion, sustainability, and circular economy practices worldwide.

Figure 2: Waste To Energy Market, by Region, 2024 & 2035 (USD MILLION)

Further, the major countries studied in the market report are the U.S., Canada, Mexico, Germany, Italy, France , UK  ,Spain, Russia, Rest of Europe, China, India, Japan, South Korea, Rest of APAC , Brazil, Argentina, Rest of South America, GCC Countries, South Africa, Rest of MEA.

Waste To Energy Key Market Players & Competitive Insight

Many global, regional, and local vendors characterize the Waste To Energy Market. The market is highly competitive, with all the players competing to gain market share. Intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations are key factors that confront market growth. The vendors compete based on cost, product quality, reliability, and government regulations. Vendors must provide cost-efficient, high-quality products to survive and succeed in an intensely competitive market.

The major players in the market include Arrow Ecology, AXPO Holding Ag, Biogen, BLUEFIRE Renewables, BTA International GMBH, Ramboll, Emery Energy Company, GEOCYCLE, Viridor, VLS Environmental Solutions, KANADEVIA Inova, REWORLD, Enercon, Babcock & Wilcox , Veolia , And  Among Others. The Waste To Energy Market is a consolidated market due to increasing competition, acquisitions, mergers and other strategic market developments and decisions to improve operational effectiveness.

Key Companies in the Waste To Energy Market include.

• Arrow Ecology


• AXPO Holding Ag


• Biogen


• BLUEFIRE Renewables


• BTA International GMBH


• Ramboll


• Emery Energy Company


• GEOCYCLE


• Viridor


• VLS Environmental Solutions


• KANADEVIA Inova


• REWORLD


• Enercon


• Babcock & Wilcox


• Veolia

Waste To Energy Market Segmentation

Waste To Energy Market By Type of Waste Outlook (USD MILLION, 2019-2035)

• Paper


• Wood


• Food Waste


• Plastics


• Metals


• Others

Waste To Energy Market By Technology Outlook (USD MILLION, 2019-2035)

• Incineration


• Gasification


• Pyrolysis

Waste To Energy Market By Application Outlook (USD MILLION, 2019-2035)

• Electricity Generation


• Heat Generation


• Transport Fuels


• Others

Global Waste To Energy Regional Outlook

• 
  North America
  
  
  
  • US
  
  
  • Canada
  
  
  • Mexico
  
  
  
  


• 
  Europe
  
  
  
  • Germany
  
  
  • Italy
  
  
  • France
  
  
  • UK
  
  
  • Spain
  
  
  • Russia
  
  
  • Rest of Europe
  
  
  
  


• 
  Asia-Pacific
  
  
  
  • China
  
  
  • India
  
  
  • Japan
  
  
  • South Korea
  
  
  • Rest of APAC
  
  
  
  


• 
  South America
  
  
  
  • Brazil
  
  
  • Argentina
  
  
  • Rest of South America
  
  
  
  


• 
  Middle East
  
  
  
  • GCC Countries
  
  
  • South Africa
  
  
  • Rest of MEA
  
  
  
  

Report Attribute/Metric	Details
Market Size 2024	USD 44.53 MILLION
Market Size 2025	USD 47.34 MILLION
Market Size 2035	USD 95.19 MILLION
Compound Annual Growth Rate (CAGR)	7.2% (2025-2035)
Base Year	2024
Market Forecast Period	2025-2035
Historical Data	2019- 2023
Market Forecast Units	Value (USD MILLION)
Report Coverage	Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered	By Type of Waste, By Technology, By Application
Geographies Covered	North America, Europe, Asia-Pacific, South America, Middle East & Africa.
Countries Covered	the U.S., Canada, Mexico, Germany, Italy, France , UK  ,Spain, Russia, Rest of Europe, China, India, Japan, South Korea, Rest of APAC , Brazil, Argentina, Rest of South America, GCC Countries, South Africa, Rest of MEA.
Key Companies Profiled	Arrow Ecology, AXPO Holding Ag, Biogen, BLUEFIRE Renewables, BTA International GMBH, Ramboll, Emery Energy Company, GEOCYCLE, Viridor, VLS Environmental Solutions, KANADEVIA Inova, REWORLD, Enercon, Babcock & Wilcox , Veolia , And  Among Others
Key Market Opportunities	·         Digitalization In Waste Management Techniques To Spur Market ·         Rising Energy Demand
Key Market Dynamics	·         Growing Concern For Waste Management To Meet The Needs For Sustainable Urban Living ·         Increasing Focus On Non-Fossil Fuel Sources Of Energy