Europe Waste-to-Energy Market Size

Statistics for the 2023 & 2024 Europe Waste-to-Energy market size, created by Mordor Intelligence™ Industry Reports. Europe Waste-to-Energy size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Europe Waste-to-Energy Industry

Europe Waste-to-Energy Market Summary
Study Period 2019-2029
Base Year For Estimation 2023
Market Size (2024) USD 20.84 Billion
Market Size (2029) USD 27.29 Billion
CAGR (2024 - 2029) 5.54 %
Market Concentration Medium

Major Players

Europe Waste-to-Energy Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Europe Waste-to-Energy Market Analysis

The Europe Waste-to-Energy Market size is estimated at USD 20.84 billion in 2024, and is expected to reach USD 27.29 billion by 2029, growing at a CAGR of 5.54% during the forecast period (2024-2029).

Over the medium term, factors such as the increasing amount of waste generation, growing concern for waste management to meet the need for sustainable urban living, and rising focus on non-fossil fuel sources of energy are likely to drive the demand for waste-to-energy in the region.

On the other hand, the market growth is expected to be restrained by the expensive nature of incinerators, as energy prices decline and several plants cannot cover operating costs. Furthermore, several European countries plan to focus more on recycling, which saves three to five times more energy, thus restraining the waste-to-energy market.

Nevertheless, the emerging waste-to-energy technologies, such as Dendro Liquid Energy (DLE), which is four times 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 forecast period.

Germany dominated the market across Europe. An increase in municipal waste energy plants and rapid urbanization in the country drive growth.

Waste to Energy Market in Europe Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)