Waste to Energy Market to Grow at 7.24% CAGR by 2035

Published: January 15, 2025

Increasing demand of energy, limited landfill availability and rising volume of municipality wastes are the factors driving the growth of waste to energy market.

The Waste to Energy Market size was valued at USD 50.93 billion in 2025 and is expected to reach USD 54.62 billion by 2026. Looking ahead, the industry is projected to expand significantly, reaching USD 102.46 billion by 2035, registering a CAGR of 7.24% from 2025 to 2035. 

Waste to energy process enables production of various combustible fuels such as ethanol, methane and synthetic fuel through the combustion of municipal wastes. It is considered to be a potential energy diversification strategy as it causes less air pollution compared to coal based and natural gas based plants. According to the International Energy Association report, globally, the use of renewable energy from waste would increase by 1.5% in 2020. This in turn drives the growth of waste to energy market. Also, various countries across the world are adopting waste to energy process to produce energy and to save their environment from the harmful green house gases. Moreover, the waste to energy market is expected to thrive due to rising need of electricity among industries, depletion of conventional energy resources and increasing government initiatives to reduce carbon emission. However, the lack of flexibility in handling waste and lack of skilled workforce are the factors hindering the growth of the market to some extent.

The waste to energy market has been segmented on the basis of technology and geography.  On the basis of technology, the market is categorized into thermal, biochemical and others. The thermal technology segment is further sub divided into incineration, pyrolysis, gasification and others. Based on geography, the market is segmented into North America, Europe, Asia Pacific and RoW.

According to the report, Europe possesses the lion share of the waste to energy market owing to favorable regulatory policies such as carbon taxes, landfill taxes and rising awareness to reduce global warming. On the other hand, North America holds a significant market share and is expected to maintain this trend during the forecast period owing to government initiatives to generate clean electricity. However, Asia Pacific is expected to show maximum growth throughout the forecast period due to rising funding by governments for proper management of municipal waste.

According to the report, some of the major key players of the waste to energy market are Veolia, SUEZ, Reworld, WM Intellectual Property Holdings, L.L.C., Republic Services, Waste Connections, Biffa, MVV Energie AG, Viridor Limited, EEW Energy from Waste GmbH, AVR, A2A S.p.A., Urbaser, Indaver, and Tersa.

Key Insights from the Waste to Energy Market Report:

  • Current emerging trends and opportunities are extensively analyzed in waste to energy market report.

  • The forecast of the waste to energy market comes along with additional information associated with opportunities, restrains and key drivers in the market.

The report waste to energy market- segmented by technology and geography

Get a free sample on the Waste to Energy Market report

About the Author

Mayurima Roy is a research analyst delivering data-driven insights that support strategic planning and market understanding. She combines analytical rigor with strong content development skills, translating complex information into clear, actionable narratives for diverse audiences. Her work includes structured research, trend tracking, competitive assessment, and insight-led content creation that supports informed decision-making. Curious and detail-oriented by nature, she continually deepens her understanding of evolving markets while pursuing creative interests such as crafting and video creation.

About the Reviewer

Supradip Baul is an accomplished business consultant and strategist with over a decade of rich experience in market intelligence, strategy, technology, and business transformation. His work has included rigorous qualitative and quantitative analysis across multiple industries, helping clients shape investment decisions and long-term roadmaps. Earlier in his career, he was associated with Gartner, where he contributed to industry-leading reports and market share analyses. He has worked with leading global companies and holds an MBA with a dual specialization in Marketing and Finance.

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