Market Size of China Waste to Energy Industry
| Study Period | 2021 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2021 - 2022 |
| CAGR | > 4.75 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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China Waste to Energy Market Analysis
China's waste-to-energy market is expected to record a CAGR of more than 4.75% during the forecast period.
- Over the long term, favorable government policies and increasing investments in the country are expected to drive the market.
- On the other hand, the emission of harmful gases generated from waste-to-energy plants and the ash produced from these plants, which needs to be disposed of safely, usually in landfills, leading to groundwater contamination, may also hinder the growth of the market.
- However, the daily per capita waste generation in the region is expected to increase by nearly 40% by 2050. Thus, the increasing volume of municipal waste and rising demand for energy in the region are expected to create an opportunity for the waste-to-energy market in China in the future.
