Incineration is a waste treatment process that involves the combustion of substances contained in waste materials. Incinerator is the machinery used for generation of energy from combustion of waste. During incineration process, several harmful waste materials that are treated are converted into gases, heat energy, and particles. These are later used for generation of electricity. 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.
MARKET DYNAMICS
Increasing amount of waste is expected to be the key driver for the global land incinerator market growth over the forecast period. Increasing pollution and growing concern related to its hazardous effects are anticipated to catapult demand. The traditional practice of dumping the waste in landfills is leading not only to the wastage of large areas of land but also to numerous environmental issues. This is prompting municipal bodies of several countries to replace their traditional methods with land incineration, which is capable of reducing the level of environmental pollution drastically. Therefore, the increasing environmental concerns are driving the global land incineration plants market.
MARKET SCOPE
The ?Global Land Incinerator Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the land incinerator market with detailed market segmentation by capacity and application. The global land incinerator market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading land incinerator market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
1. By Capacity: The global market is segmented into Small Capacity, Medium Capacity, and Large Capacity.
2. By Application: The global market is segmented into Municipal, Industrial and Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely; North America, Europe, Asia- Pacific (APAC), Middle East and Africa (MEA), and South America. The land incinerator market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the land incinerator market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive best analysis for all five regions, namely; North America, Europe APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the land incinerator market in these regions.
IMPACT OF COVID 19
Maintaining the delivery of basic urban services, including waste collection and management, had become a major challenge for economies during the COVID-19 pandemic. With increased importance of health hygiene, proper waste disposal and handling has become adequately important since the virus outbreak, as improper practices can cause both human risk and environmental damage. The exponential surge in plastic use, particularly single-use plastics, during the pandemic has affected the land incinerators market forecast as incineration is not always the ideal method for plastic waste management.
MARKET PLAYERS
The report covers vital developments in the land incinerator market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships and collaborations. These activities have paved the way for the expansion of businesses and the customer base of market players. The market players from the land incinerator market are anticipated to have lucrative growth opportunities in the future with the rising demand for land incinerator in the global market. Below mentioned is the list of a few companies engaged in the land incinerator market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the land incinerator market. Decide the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- Babcock and Wilcox Co.
- Constructions industrielles de la Méditerranée S.A
- Covanta Energy Corp.
- EEW Energy from Waste Gmbh
- Gershman, Brickner & Bratton, Inc.
- Hitachi
- Martin Gmbh
- Novo Energy, LLC
- Suez Environnement Co. S.A.
- Wheelabrator Technologies