Market Size of Canada Waste-to-energy Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 3.34 % |
| Market Concentration | Medium |
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?
Canada Waste to Energy Market Analysis
Canada's waste-to-energy market is expected to register a CAGR of more than 3.34% during the forecast period.
The outbreak of COVID-19 had a negative effect on the market. Currently, the market has rebounded to pre-pandemic levels.
- Canada has been one of the countries worldwide at the forefront of adopting WTE technologies, mainly because of the introduction of many favorable government initiatives.
- The country still lacks suitable policies and regulations concerning WTE, high capital investment, an increasing rate of recycling waste, and several other factors that have been restraining the growth of the WTE market.
- Technological advancements in the waste-to-energy sector are expected to create significant opportunities for plant operators in the near future. Municipalities in the state have moved toward both public and private companies to meet budget constraints and increase efficiency in managing WTE technologies.
