Global Land Incineration Plants Market: Snapshot
The rapidly rising urban population and large-scale industrialization are leading to increasing municipal solid waste worldwide. The traditional practice of dumping the waste in landfills is leading not only to the wastage of large areas of land but also to numerous environmental issues. This is prompting municipal bodies of several countries to replace their traditional methods with land incineration, which is capable of reducing the level of environmental pollution drastically. Therefore, the increasing environmental concerns are driving the global land incineration plants market.
According to a report by Transparency Market Research (TMR), the global market for land incineration plants market is projected to expand at a CAGR of 5.5% between 2015 and 2023, reaching a valuation of US$68.71 bn by the end of 2023.
Government Measures Play Vital Role in Growth of Market
Land incineration plants are being acknowledged worldwide for their ability to reduce the volume of municipal solid waste by nearly 90% and mass by 80%, depending upon the waste composition and the degree of material recovery post incineration. Governments and local bodies of various countries worldwide are encouraging the development of these plants by introducing several funding schemes such as prudential borrowing, credits for waste infrastructure (WI), and capital grants.
While the demand for land incineration systems in developing countries is increasing due to rapid urbanization and industrialization, the market in developed regions is gaining traction due to strict measures by governments towards landfills. To put this in perspective, countries such as the U.K. and New Zealand have higher landfill taxes than several other countries.
However, conventional land incineration plants are attracting opposition from the mass in the form of protests, primarily due to flue gas emission. This is acting as a major impediment to the growth of the global market. Nevertheless, the growing research and development activities are paving way for sustainable and advanced technologies that can be implemented across modern incineration plants. These technologies are likely to shape the future of the market.
Moreover, the surging construction activities across the world are translating into the greater uptake of cement. Bottom ash, which is a by-product of land incineration plants, has a strong demand in cement manufacturing. This is, thereby, unfolding tremendous growth opportunities for the global market.
On the basis of capacity, the global land incineration plants market is fragmented into large and small and medium. The demand for large capacity plants is estimated to remain high throughout the review period. The increasing amount of waste produced is stirring up their demand.
The key segments analyzed in the report based on geography are Asia Pacific, North America, Europe, and Rest of the World. Europe will be the frontrunner in the global arena throughout the forecast period. Stringent government regulations pertaining to landfills are primarily attributable to the growth of the region. Moreover, the rising environmental concerns among the populace are compelling governments to take strict steps against the traditional practices of waste disposal.
The Rest of the World segment is anticipated to post a significant CAGR during the same period, owing to evolving anti-dumping and anti-landfill regulations. The growth of Asia Pacific is largely supplemented by large-scale commercialization and soaring energy demand in emerging countries such as the U.K and China. Some of the prominent companies operating in the global land incineration plants market are Hitachi Zosen Inova AG, Babcock & Wilcox Enterprises Inc., Doosan Lentjes GmbH, Kawasaki Heavy Industries Ltd., Suez Environment Company, Martin GmbH für Umwelt-und Energietechnik, and Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC).
Escalating Need for Proper Waste and Disposal Management to Bring Tremendous Growth Opportunities for the Land Incineration Plants Market
The land incineration plants market is estimated to gain a lion’s share in terms of growth across the forecast period of 2015-2023. The rapid influence of urbanization and industrialization around the world is expected to bring good growth opportunities for the land incineration plants market. The growing environmental concerns around the world will also add extra stars of growth to the land incineration plants market.
- A land incineration plant comprises waste receipt and handling systems, incinerators, heat recovery systems, combustion systems, combustion solid residue handling systems, and air pollution control systems. The growing awareness about proper waste management and sustainable development will bring immense growth prospects for the land incineration plants market.
- Densely populated countries having a treasure of natural resources like India and China have experienced a boom in industrialization over the years. While it has worked wonders in terms of economic development, sustainable development has reduced considerably. To cope up with the wastewater mechanisms around such regions, land incineration plants are an ideal option. These aspects bode well for the growth of the land incineration plants market.
- Research and development activities form the crux of the growth of the land incineration plants market. The players invest large amounts in these activities for discovering new formulations and exploring insights. These discoveries and insights help in increasing the revenues of the players, eventually influencing the growth rate. Strategic collaborations also have a vital role in the growth of the land incineration plants market. They strengthen the foothold of the players, eventually boosting the growth of the land incineration plants market.
- The COVID-19 pandemic has a devastating effect on many sectors and industries. The land incineration plants market is no exception. Even though the demand was consistent, the production was halted for a brief time due to strict lockdown enforcements. This aspect hampered the growth of the land incineration plants market.
This research study analyzes the market for land incineration plants in terms of plant capacity (Million Tons) and revenue (US$ Mn). The land incineration plants market has been segmented on the basis of capacity and geography. The geographical segmentation includes regions which are further divided into nine countries (major markets for land incineration systems). For the research, 2014 has been taken as the base year, while all forecasts have been given for the period from 2015 to 2023. Market data for all the segments has been provided at the regional as well as country-specific level from 2015 to 2023. The report provides a broad competitive analysis of companies engaged in the land incineration plants business. The report also includes the key market dynamics such as drivers, restraints, and opportunities affecting the global land incineration plants market. These market dynamics were analyzed in detail and are illustrated in the report with the help of supporting graphs and tables. The report also provides a comprehensive analysis of the global land incineration plants market with the help of Porter’s Five Forces model. This analysis helps in understanding the five major forces that affect the structure and profitability of the global land incineration plants market. The forces analyzed are bargaining power of buyers, bargaining power of suppliers, threat of new entrants, threat of substitutes, and degree of competition.
The high-level analysis in the report provides detailed insights into the land incineration plants business globally. There are currently numerous drivers of the market. The most prominent drivers include increasing solid waste, requirement of large area of land for preparing landfills, and anti-landfill policies by regulators. Market attractiveness analysis was carried out for the land incineration plants market on the basis of end-use. Market attractiveness was estimated on the basis of common parameters that directly impact the market in different regions.
The land incineration plants market was segmented on the basis of capacity (small & medium capacity and large capacity) and geography. The land incineration plants market was analyzed across four geographies: North America, Asia Pacific, Europe, and Rest of the World (the Middle East, South America, and Africa). Regional data has been provided for each sub-segment of the land incineration plants market. Key developers in the land incineration plants market include Suez Environment Company, Kawasaki Heavy Industries, Ltd., Babcock & Wilcox Enterprises, Inc., Martin GmbH für Umwelt-und Energietechnik, Hitachi Zosen Inova AG, Doosan Lentjes GmbH, Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC), and Keppel Seghers Engineering Singapore Pte, Ltd.
Land Incineration Plants Market: By Capacity
- Small & Medium Capacity
- Large Capacity
Land Incineration Plants Market: By Region
- North America
- U.S.
- Rest of North America
- Europe
- France
- U.K.
- Rest of Europe
- Asia Pacific
- China
- Japan
- Rest of Asia Pacific
- Rest of the World
Section 01 Preface
- Report Description
- Market Segmentation
- Research Scope
- Research Methodology
Section 02 Executive Summary
- Global Land Incineration Plants Market, Estimates and Forecast, 2014–2023
- Global Land Incineration Plants Market: Snapshot
- Executive Summary
Section 03 Industry Analysis
- Introduction
- Market Overview − Value Chain Analysis
- Industry Analysis: Drivers, Restraints, Opportunities
- Driver 1 – Increasing solid waste globally
- Driver 2 – Requirement of large land area for preparing landfills along with anti-land fill policies by regulators
- Restraint 1 – Introduction of pyrolysis and gasification techniques along with growing public protests
- Opportunity 1 – High cost of power from conventional fossil fuels
- Industry Analysis – Porter’s Five Force Analysis
- Company Market Share – Land Incineration Plants Market (2014)
- Market Attractiveness Analysis
Section 04 Capacity Segment Analysis
- Introduction
- Land Incineration Plants Market By Capacity(Million Tons), By Revenue(US$ Mn)
- Land Incineration Plants Market – Small & Medium Capacity (Million Tons), By Revenue(US$ Mn)
- Land Incineration Plants Market – Large Capacity (Million Tons), By Revenue(US$ Mn)
Section 05 Geographical Analysis
- Land Incineration Plants Market – Regional Overview
- Land Incineration Plants Market – North America
- North America Land Incineration Plants Market, By Capacity (Million Tons)
- North America Land Incineration Plants Market Share, by Country, 2014 and 2023
- North America Land Incineration Plants Market, Capacity (Million Tons) and Revenue (US$ Mn), by Capacity
- U.S. Land Incineration Plants Market, by Capacity (Million Tons)
- Rest of North America Land Incineration Plants Market, by Capacity (Million Tons)
- Land Incineration Plants Market – Europe
- Europe Land Incineration Plants Market Share, 2014 and 2023
- Europe Land Incineration Plants Market, by Capacity (Million Tons) and Revenue (US$ Mn), by Capacity
- France Land Incineration Plants Market
- U.K. Land Incineration Plants Market
- Rest of Europe Land Incineration Plants Market
- Land Incineration Plants Market – Asia Pacific
- Asia Pacific Land Incineration Plants Market Share, by Country, 2014 and 2023
- Asia Pacific Land Incineration Plants Market, by Capacity (Million Tons) and Revenue (US$ Mn)
- Japan Land Incineration Plants Market
- China Land Incineration Plants Market
- Rest of Asia Pacific Land Incineration Plants Market
- Land Incineration Plants Market – Rest of the World (RoW)
- Rest of the World Land Incineration Plants Market Share, by Capacity (Million Tons), by Country, 2014 and 2023
- Rest of the World (RoW) Land Incineration Plants Market, by Capacity (Million Tons) and Revenue (US$ Mn)
Section 06 Company Profiles
- Suez Environment Company
- Kawasaki Heavy Industries, Ltd.
- Babcock & Wilcox Enterprises, Inc.
- Martin GmbH für Umwelt- und Energietechnik
- Hitachi Zosen Inova AG
- Doosan Lentjes GmbH
- Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC)
- Keppel Seghers Engineering Singapore Pte, Ltd.
List of Tables
Table 1 Global Land Incineration Plants Market: Snapshot
Table 2 North America Land Incineration Plants Market Capacity and Forecast, 2014−2023 (Million Tons)
Table 3 North America Land Incineration Plants Market Capacity, By Revenue and Forecast, 2014−2023 (US$ Mn)
Table 4 Europe Land Incineration Plants Market Capacity and Forecast, 2014−2023 (Million Tons)
Table 5 Europe Land Incineration Plants Market Capacity, By Revenue and Forecast, 2014−2023 (US$ Mn)
Table 6 Asia Pacific Land Incineration Plants Market Capacity and Forecast, 2014−2023 (Million Tons)
Table 7 Asia Pacific Land Incineration Plants Market Capacity, By Revenue and Forecast, 2014−2023 (US$ Mn)
Table 8 Rest of the World (RoW) Land Incineration Plants Market Capacity and Forecast, 2014−2023 (Million Tons)
Table 9 Rest of the World (RoW) Land Incineration Plants Market Capacity, By Revenue and Forecast, 2014−2023 (US$ Mn)
List of Figures
Figure 1 Global Land Incineration Plants Market, Estimates and Forecast, by Capacity Type, 2014–2023 (Million Tons)
Figure 2 Global Land Incineration Plants Market, Estimates and Forecast, by Revenue, 2014–2023 (US$ Mn)
Figure 3 Company Market Share, Land Incineration Plants Market (%) (2014)
Figure 4 Market Attractiveness Analysis of Land Incinerators Market, 2014
Figure 5 Global Land Incineration Plants Market, by Capacity, (Million Tons), 2014
Figure 6 Global Land Incineration Plants Market, by Capacity, (Million Tons), 2023
Figure 7 Global Land Incineration Plants Market, By Capacity, 2014–2023 (Million Tons)
Figure 8 Global Land Incineration Plants Market, By Capacity, By Revenue, 2014–2023 (US$ Mn)
Figure 9 Global Land Incineration Plants Market – Small & Medium Capacity, 2014–2023 (Million Tons)
Figure 10 Global Land Incineration Plants Market – Small & Medium Capacity, By Revenue, 2014–2023 (US$ Mn)
Figure 11 Global Land Incineration Plants Market – Large Capacity, 2014–2023 (Million Tons)
Figure 12 Global Land Incineration Plants Market – Large Capacity, By Revenue, 2014–2023 (US$ Mn)
Figure 13 Global Land Incineration Plants Market Share, by Region, 2014 and 2023
Figure 14 North America Land Incineration Plants Market Share, by Country, 2014 and 2023
Figure 15 U.S. Land Incineration Plants Market by Capacity (Million Tons)
Figure 16 Rest of North America Land Incineration Plants Market, by Capacity (Million Tons)
Figure 17 Europe Land Incineration Plants Market Share, 2014 and 2023
Figure 18 France Land Incineration Plants Market, by Capacity (Million Tons)
Figure 19 U.K. Land Incineration Plants Market, by Capacity (Million Tons)
Figure 20 Rest of Europe Land Incineration Plants Market, by Capacity (Million Tons)
Figure 21 Asia Pacific Land Incineration Plants Market Share, by Country, 2014 and 2023
Figure 22 Japan Land Incineration Plants Market, by Capacity (Million Tons)
Figure 23 China Land Incineration Plants Market, by Capacity (Million Tons)
Figure 24 Rest of Asia Pacific Land Incineration Plants Market, by Capacity (Million Tons)
Figure 25 Rest of the World Land Incineration Plants Market Share, by Capacity (Million Tons), by Country, 2014 and 2023
Figure 26 Rest of the World (RoW) Land Incineration Plants Market, by Capacity (Million Tons)
