Market Size of Austria Waste to Energy Industry
| Study Period | 2021 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2021 - 2022 |
| CAGR | > 3.00 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Austria Waste to Energy Market Analysis
Austria's waste to energy market is expected to grow at a CAGR of more than 3% during the forecast period.
COVID-19 negatively impacted the market in 2020. Currently. The market has reached pre-pandemic levels.
- Over the long term, an increasing amount of waste generation, growing concern for its management to meet the need for sustainable urban living, and increasing focus on non-fossil fuel sources of energy are driving the adoption of the waste-to-energy market.
- On the other hand, environmental concerns about the emissions from WtE plants are expected to restrain investments in the waste-to-energy market in the country during the forecast period.
- Nevertheless, emerging waste-to-energy technologies, such as Dendro Liquid Energy (DLE), which is four times more efficient in terms of electricity generation, with additional benefits of no emission discharge and effluence problems at plant sites, are expected to create significant opportunities for the market players, over the coming years.
