Incineration can reduce waste volume by 90% or more, which significantly decreases the need for landfilling & long term storage of municipal wastes.
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Dallas, Texas (PRWEB) April 04, 2013
While global growth in incineration staggered in the wake of the global economic turndown, global 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%). By 2022, global markets will more than double, reaching a value of $16.8 billion (2012-2022 CAGR of 6.2%). Observed and forecasted 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.
Waste management varies regionally and also based on waste content. In North America, landfills are by far the preferred method of disposal for municipal waste. The continent is served by over 6,500 landfills. But in many areas, landfills are falling out of favor. European waste management practices stress reduced land filling plus incentivizing or even mandating of incineration/waste to energy. And in China, where an estimated 1,400 new landfills would need to be established by 2030 in order to handle 500 million tons of trash, the government is looking toward all forms of waste management including incineration, to minimize and reduce anticipated future waste management burdens.
In Europe, North America, and in Asia, incinerators are a technology of choice (along with boilers and industrial furnaces) for the combustion/destruction of many industrial and hazardous wastes. These include bio-hazardous wastes from hospitals and medical establishments, as well as select industrial and chemical wastes that cannot be easily disposed of otherwise, and that are suitable for incineration.
At the community level, the advantages of incineration are clear: incineration can reduce waste volume by 90% or more, which significantly decreases the need for land-filling and long term storage of municipal wastes. Incineration obliterates biohazards, and when managed properly with appropriate feed stocks, can minimize the toxicity of hazardous industrial and chemical wastes. New emissions control systems have been shown to greatly reduce airborne emissions, rendering incinerators safer than ever before. However, public relations issues remain to be solved. There is much ground to be gained by industry in terms of public acceptance of incineration in a growing number of existing incinerator market (http://www.reportsnreports.com/reports/232490-global-market-for-incinerator-technologies.html) regions.
Waste Incinerator Technologies Global Markets contains comprehensive data on the worldwide market for the following waste incineration technologies: moving grate, rotary-kiln, static hearth/static furnace, multiple furnace, and fluidized bed incinerators. Historic as well as projected future market data are provided, including 2008-2012 historic market data and market projections for 2013 to 2022, in terms of the dollar value of product shipments. The report identifies key trends affecting the marketplace, along with trends driving growth, and central challenges to further market development. The report also profiles leading manufacturers and suppliers of incinerators and that are most relevant to the industry.
This report “Waste Incineration Technologies Global Markets” makes important predictions and recommendations regarding the near term and midterm future of this market. It pinpoints methods that current and prospective industry players can capitalize on to identify existing trends, spearhead new trends, and identify and expand into niche and specialty markets. No other market research report provides both comprehensive analysis and extensive, quality data that Waste Incineration Technologies Global Markets offers. Plus, you’ll benefit from extensive data, presented in easy-to-read and practical charts, tables and graphs.
Benefit from This Report:
If your company is already doing business in the waste or incineration market, in associated manufacturing industries, or is considering making the leap, you will find this report invaluable, as it provides a comprehensive package of information and insight not offered in any other single source. Incineration technology holders and developers, investors, marketers, midstream industry, and related technology startups will also benefit from key insights into market structure, the supply chain, projects worldwide, and industry suppliers associated with waste to energy technologies. The report provides an extensive review of markets for incinerators from 2008, and projects trends through 2022.
Competitive Profiles: Babcock & Wilcox Company, Covanta Energy Corporation, Cnim, E.On Energy From Waste, Fisia Babcock Environment Gmbh, Gershman, Brickner & Bratton, Inc. (Gbb), Martin Gmbh, Mitsubishi Heavy Industries, Siemens Ag, Suez Environnement, Takuma Co., Ltd., Groupe Tiru (Edf), Veolia Environnement S.A., Wheelabrator Technologies Inc.
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