Market Size of India Waste-to-Energy Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 2.56 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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India Waste-to-Energy Market Analysis
The Indian waste-to-energy market is estimated to be valued at USD 1089.34 million in the current year. The market is expected to rise at a CAGR of more than 2.56% during the forecast period.
The market was negatively impacted by COVID-19 in 2020. Presently, the market has reached pre-pandemic levels.
Over the long term, increasing waste generation and efforts to mitigate the waste management crisis combined with favorable government policies are expected to drive the market studied.
On the other hand, the environmental impact of waste from energy incineration plants is expected to restrain the market studied.
Nevertheless, the adoption of advanced and environmentally sustainable waste-to-energy techniques such as fermentation and anaerobic digestion is expected to create ample opportunities for the Indian waste-to-energy market.
