Market Size of Brazil Waste to Energy Industry
Study Period | 2021 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2021 - 2022 |
CAGR | > 5.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Brazil Waste-to-Energy Market Analysis
The Brazilian waste-to-energy market is projected to register a CAGR of over 5% during the forecast period.
COVID-19 negatively impacted the market in 2020. Presently the market has now reached pre-pandemic levels.
- Over the medium term, the increasing focus on non-fossil fuel sources of energy, increasing generation of waste, and favorable government policies are driving the adoption of the waste-to-energy market, which provides the market with immense potential for growth in the near future.
- On the other hand, the market is restrained by waste-to-energy incineration plants' environmental and social impact.
- Nevertheless, emerging waste-to-energy technologies, which are more efficient in 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.