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Global Incinerator Market 2019 – Industry Insights By Growth, Emerging Trends And Forecast By 2024

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Global Incinerator Market 2019 – Industry Insights By Growth, Emerging Trends And Forecast By 2024

November 11
11:30 2019
Global Incinerator Market 2019 - Industry Insights By Growth, Emerging Trends And Forecast By 2024

Global Incinerator Market to Reach US$ 16.5 Billion by 2024, Supported by Demand for Improved Waste Management Solutions – IMARCGroup
The global incinerator market has witnessed moderate growth in recent years on account of the rising environmental concerns, the decreasing availability of landfills and the ability of these devices to deal with non-degradable waste.

According to the latest report by IMARC Group, the global incinerator market size was estimated to be US$ 12.6 Billion in 2018. Incineration refers to a waste treatment process which includes the combustion of organic substances present in waste materials. The heat generated during the process is further employed for the production of electricity. Incineration equipment is widely used in the management of medical, chemical, sewage, building, agricultural and municipality wastes. As this process assists in reducing the volume of solid waste significantly, the demand for incinerators is increasing across the globe.

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Market Trends:

Incinerators are one of the most popular waste-to-energy technologies used around the world for processing non-renewable waste. They aid in reducing the cost of transportation of waste as well as lowering the emissions of harmful gases generated from landfills. They also help in curbing soil pollution by preventing the toxic elements of untreated waste from leaching into the soil. The growing environmental concerns in confluence with the increasing amounts of pollution, primarily in urban areas, is one of the primary factors impacting the demand for incinerators.

Apart from this, the declining availability of landfills and the increased potential offered by these devices to deal with plastic and non-organic waste is also strengthening the growth of the market. On account of the factors mentioned above, the market is projected to reach a value of US$ 16.5 Billion by 2024, expanding at a CAGR of 4.6% during the forecast period of 2019-2024.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/incinerator-market

Key Insights from the Report:

Breakup by Product Type:

1. Moving Grate

2. Static Hearth, Furnace and Multiple Hearth

3. Rotary Kiln

4. Fluidized Bed


Breakup by End-User:

1. Municipal Sector

2. Industrial Sector


Breakup by Region:

1. Asia Pacific

2. Europe

3. North America

4. Middle East and Africa

5. Latin America

Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players being Babcock & Wilcox Co., Covanta Energy Corp., SUEZ Environnement SA, Constructions Industrielles de la Méditerranée S.A, Gershman, Brickner & Bratton, Inc., EEW Energy from Waste GmbH, Martin GmbH, Wheelabrator Technologies Holdings Inc., and Novo Energy, LLC.

Inquire before buying @ https://www.imarcgroup.com/request?type=report&id=1113&flag=F

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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