Incinerator Market By Product Type (Rotary Kiln, Fluidized Bed, Liquid Injection, Others), By Operation (Controlled Air Incinerators, Excess Air Incinerators), By End User Industry (Minicipal, Industrial): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global incinerator market size was valued at $14,764.9 million in 2021, and is projected to reach $22,604.9 million by 2031, registering a CAGR of 4.2% from 2022 to 2031. Waste management facilities often use incinerators to dispose of the waste by burning it in an enclosure with controlled environment. This enables the waste to be disposed-off with minimal environmental impact,
Incinerator are available in a wide range of sizes, capacities, and types in the market, thereby making it usable by small- and large-scale industries and waste management facilities. The incinerators are registering a rise in popularity owing to its ability to dispose-off waste by burning it and generating electricity with the heat generated during the incineration process.
The rise in global population and global trade has significantly increased the amount of waste generated each year. In addition, growth in medical sector, owing to rise in population and onset of new viruses and diseases is anticipated to drive the demand for incinerators, as they are significantly used for medical waste disposal. Moreover, rise in industrialization across the world, especially in the emerging nations, is also playing crucial role in more waste generation. This is expected to drive the demand for incinerators during the forecast period. However, high cost of operation and installation of incinerators, is major restraint in the growth of the market. Furthermore, development of technology to efficiently collect CO2 generated during incineration. This is expected to provide lucrative opportunities for the growth of the market.
The global incinerator market is segmented on the basis of product type, process, end-user industry and region. By product type, the market is categorized into rotary kiln, fluidized bed, liquid injection, and others. On the basis of process, it is bifurcated into controlled air incinerators, and excess air incinerators. And on the basis on end user, the market is categorized into municipal and industrial. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players that operate in the global market have adopted key strategies such as product launch to strengthen their market outreach and sustain the stiff competition in the market
Competition Analysis
Key companies profiled in the incinerator market report include ACS Inc. Alfa Therm, Atlas Incinerator ApS, Babcock & Wilcox Co., Chuwa Industrial Corporation, Dutch Incinerators, Eco Concepts, EEW Energy, Haat Incinerator India Pvt. Ltd., Incinco Ltd, Inciner8 Limited, Keller Manufacturing, Inc., Ketek Group, Maximus Envirotech Pvt. Ltd., Shandong Better Environmental Protection Technology Co., Ltd., Vikas Incinerator, and Waste Spectrum Incineration Systems.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the incinerator market analysis from 2021 to 2031 to identify the prevailing incinerator market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the incinerator market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global incinerator market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product Type
Rotary Kiln
Fluidized Bed
Liquid Injection
Others
By Operation
Controlled Air Incinerators
Excess Air Incinerators
By End User Industry
Minicipal
Waste Type
Municipal Solid Waste
Hazardous Waste
Medical Waste
Industrial
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Netherlands
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Vietnam
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
Saudi Arabia
UAE
South Africa
Kenya
Key Market Players
Eco Concepts
ACS Inc.
Alfa Therm
Atlas Incinerator ApS
Babcock and Wilcox co.
Chuwa Industrial Corporation
Dutch Incinerators
EEW Energy
Haat Incinerator India Pvt. Ltd.
Incinco Ltd
Inciner8 Limited
Keller Manufacturing, Inc.
Ketek Group
Maximus Envirotech Pvt. Ltd.
Shandong Better Environmental Protection Technology Co., Ltd.
Vikas Incinerator
Waste Spectrum Incineration Systems
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