The prospects for growth in waste management projects in 2014 looks good
Chichester, UK (PRWEB UK) 2 October 2013
According to a new AcuComm (http://www.acucomm.net) analysis, project business commenced in the first 9 months of 2013 reached US$20.9 billion and is expected to exceed US$27 billion by the year end. Over US$11.9 billion of projects due to start in 2014 have already been announced and strong growth is expected in the construction of new waste facilities both in actual numbers and, more importantly, value.
All sectors of the market have performed well, with Waste-to-Energy (WtE), Biomass and Anaerobic Digestion being strong performers and signalling an ongoing trend towards the implementation of efficient disposal technologies. The impact is geographically diverse, with advanced plants being commissioned in both emerging and established markets.
Power generation from waste is increasingly becoming the favoured option for waste disposal, while new technologies are being piloted in demonstration plants that will drive the industry forward. Biogas/biofuel plants have seen strong growth, while the benefits of anaerobic digestion technology in handling food/agricultural waste have led to an advance in this sector.
Eric Wigart, Chairman of AcuComm said, “The growing issue of effective disposal of waste has been rising rapidly up the agenda of governments and society. The dramatic expansion of the number of waste projects being reported is a sign that the issue is being taken seriously. However, recycling and advanced waste technologies are not widely found outside of established markets and the growth seen this year is likely to be repeated – or exceeded – in the medium term."
This analysis is based on 1,035 projects reported in AcuComm’s Waste Management Projects subscription service to September 2013.
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AcuComm’s Waste Management Projects provides details of new and upgraded waste plant developments worldwide and includes 3,000 decision maker contacts. With 6-8 new projects being added daily in a range of technology and geographic subscription packages, Waste Management Projects is the cost-effective way to grow your business. AcuComm is an independent company based in the UK. Further information can be found at our website.