$15 Billion Incinerator Market - Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 20, 2018--The “Incinerator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” report has been added to ResearchAndMarkets.com’s offering.
The global incinerator market was worth US$ 12.1 Billion in 2017.
Various types of incinerators that are currently available in the market include rotary kiln, fluidized bed, liquid injection, multiple hearth, catalytic combustion, waste gas flare, direct-flame, etc. Incinerators are mostly used for the management of chemical wastes, medical wastes, sewage incineration, agricultural wastes, building and municipality wastes, etc. Apart from this, thermal incinerators are used to reduce the waste from rector vents, distillation vents, solvent operations, and operations conducted in ovens and dryers.
Catalyzed by better waste management and the ability to handle a large quantity of the total waste generated in urban areas, the demand of various types of incinerators is undergoing strong growth. Moreover, the demand of incinerators is also being driven by a decline in the availability of landfills and the ability of incinerators to deal with artificial and non-organic waste.
Additionally, incinerators keep a check on the rising levels of soil pollution, thereby minimizing the hazardous effects of untreated waste on the environment. Moreover, facilities carrying out the incineration process can be located close to the center of gravity of waste generation, as a result reducing the cost of waste transportation. Other factors that are currently driving this market include production of energy as a byproduct, uncontaminated groundwater, low carbon footprint, lower land requirements, etc.
Looking forward, the market value is projected to exceed US$ 15.8 Billion by 2023, exhibiting a CAGR of more than 4.6% during 2018-2023.
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
5 Global Incinerator Market
6 Market Breakup by Product Type
7 Market Breakup by End-User
8 Market Breakup by Region
9 Competitive LandscapeBabcock & Wilcox Co. Covanta Energy Corp. Suez Environnement Co. S.A. Constructions industrielles de la Mditerrane S.A Gershman Brickner & Bratton Inc. EEW Energy from Waste Gmbh Martin Gmbh Wheelabrator Technologies Novo Energy LLC.
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Related Topics:Waste Management
INDUSTRY KEYWORD: CONSTRUCTION & PROPERTY OTHER CONSTRUCTION & PROPERTY
SOURCE: Research and Markets
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PUB: 12/20/2018 04:12 AM/DISC: 12/20/2018 04:13 AM