(PRWEB UK) 14 April 2013
World incineration markets are well-poised for continued recovery and consistent growth. Since 2008, global markets for incinerators have resurged from $7.9 billion to $9.2 billion in 2012 (CAGR of 3.9%). According to the report 'Global Market for Incinerator Technologies' by 2022, global markets will more than double, reaching a value of $16.8 billion (2012-2022 CAGR of 6.2%).
Observed and forecasted incineration market growth reflects a combination of steady market expansion countered by notable contractions for select technologies and applications, through 2022. These trends reflect an array of complex market influences, ranging from technology cost effectiveness to incinerator plant capital and operation period economics to regulatory support as well as regulatory controls on incinerator deployment.
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