South Africa Waste to Energy (WtE) Market, By Technology (Thermochemical, Biochemical, Others); By Waste Type (Municipal Solid Waste, Process Waste, Agriculture Waste, Others); By Application (Electricity, Heat), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
South Africa Waste to Energy (WtE) Market Size Set to Expand at Significant CAGR of 5.07% to Surpass USD 941 Million by 2030
South Africa Waste to Energy (WtE) Market is flourishing because of the significant energy shortage due to an imbalance between supply and demand and urbanization and rising consumption levels lead to increased waste generation.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the South Africa Waste to Energy (WtE) Market size at USD 643.18 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the South Africa Waste to Energy (WtE) Market size to expand at a CAGR of 5.07% reaching a value of USD 941.15 million by 2030. A growing emphasis on sustainability and greenhouse gas emissions, together with rising electricity demand due to fast urbanization and industrialization, are major development factors for the South Africa Waste to Energy (WtE) Market. Furthermore, it is projected that developments in WtE technology would offer profitable expansion prospects for the players in the WtE Market in South Africa.
Opportunity - Rapid urbanization and economic growth
The rapid industrialization and urbanization of South Africa are spurring the high demand for electric power to, and the waste-to-energy (WtE) sector is projected to expand as a result of the increased focus on renewable energy sources. Due to an excess of demand over supply, South Africa has a power shortage of over 21,000 megawatts (MW), as reported by Mail & Gaurdian. The WtE technology is expected to become a viable means of addressing the nation's increasing need for electricity, which is expected to boost the overall growth of South Africa Waste to Energy (WtE) Market during the forecast period between 2024 and 2030.
South Africa Waste to Energy (WtE) Market
Segmental Coverage
South Africa Waste to Energy (WtE) Market – By Technology
Based on technology, the South Africa Waste to Energy (WtE) Market is segmented into thermochemical, biochemical, and others. The thermochemical segment is further divided into incineration, pyrolysis, and gasification. The thermochemical technology holds the largest share in the South Africa Waste to Energy (WtE) Market. Thermochemical conversion is often less product-specific and performs better with feedstocks that have a lower moisture content at higher temperatures and conversion rates. In addition to treating municipal and industrial solid waste and producing electricity, MSWI is a useful technique for commercial applications as it enables the recovery of energy, minerals, and metals from the waste stream.
Competitive Landscape
Major players operating in the South Africa Waste to Energy (WtE) Market include Suez Environnement S.A., Veolia Environnement S.A., Covanta Energy Corporation, Biotherm Energy, Mondi Group, Interwaste Holdings Ltd, EnviroServ Waste Management, New Horizons Energy, Clean Energy Africa, Averda South Africa, and Yokogawa South Africa (Pty) Ltd. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the South Africa Waste to Energy (WtE) Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the South Africa Waste to Energy (WtE) Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. South Africa Waste to Energy (WtE) Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. South Africa faces a significant energy shortage due to an imbalance between supply and demand
- 3.2.1.2. Urbanization and rising consumption levels lead to increased waste generation.
- 3.2.1.3. Supportive government policies
- 3.2.2. Restraints
- 3.2.2.1. Establishing WtE plants requires substantial investment in infrastructure and technology
- 3.2.2.2. Concerns exist around air pollution emissions and ash residue management from WtE plants
- 3.2.2.3. Lack of waste segregation in South Africa
- 3.2.3. Opportunities
- 3.2.3.1. Advancements in WtE technologies are making them cleaner and more efficient
- 3.2.3.2. WtE plants can contribute to reducing greenhouse gas emissions, making them attractive in the carbon credit market.
- 3.2.3.3. Collaboration between public and private sectors
- 3.2.4. Challenges
- 3.2.4.1. Competition from landfills
- 3.2.4.2. Connecting WtE plants to the national grid can be complex and time-consuming.
- 3.2.4.3. Skilled labor shortage
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. South Africa Waste to Energy (WtE) Market: Marketing Strategies
- 5. South Africa Waste to Energy (WtE) Market Overview
- 5.1. Market Size & Forecast, 2019–2030
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.2.1. By Technology
- 5.2.1.1. Thermochemical
- 5.2.1.1.1. Incineration
- 5.2.1.1.2. Pyrolysis
- 5.2.1.1.3. Gasification
- 5.2.1.2. Biochemical
- 5.2.1.3. Others
- 5.2.2. By Waste Type
- 5.2.2.1. Municipal Solid Waste
- 5.2.2.2. Process Waste
- 5.2.2.3. Agriculture Waste
- 5.2.2.4. Others
- 5.2.3. By Application
- 5.2.3.1. Electricity
- 5.2.3.2. Heat
- 6. Competitive Landscape
- 6.1. List of Key Players and Their Offerings
- 6.2. South Africa Waste to Energy Company Market Share Analysis, 2023
- 6.3. Competitive Benchmarking, By Operating Parameters
- 6.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- 7. Impact of Escalating Geopolitical Tensions on South Africa Waste to Energy (WtE) Market
- 8. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 8.1. Suez Environment S.A.
- 8.2. Veolia Environment S.A.
- 8.3. Covanta Energy Corporation
- 8.4. Biotherm Energy
- 8.5. Mondi Group
- 8.6. Interwaste Holdings Ltd
- 8.7. EnviroServ Waste Management
- 8.8. New Horizons Energy
- 8.9. Clean Energy Africa
- 8.10. Averda South Africa
- 8.11. Yokogawa South Africa (Pty) Ltd
- 8.12. Other Prominent Players
- 9. Key Strategic Recommendations
- 10. Research Methodology
- 10.1. Qualitative Research
- 10.1.1. Primary & Secondary Research
- 10.2. Quantitative Research
- 10.3. Market Breakdown & Data Triangulation
- 10.3.1. Secondary Research
- 10.3.2. Primary Research
- 10.4. Breakdown of Primary Research Respondents, By Region
- 10.5. Assumptions & Limitations
- *Financial information of non-listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
- List of Figures
- Figure 1 South Africa Waste to Energy Segmentation
- Figure 2 South Africa Waste to Energy (WtE) Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 South Africa Waste to Energy (WtE) Market Share, By Technology, By Value (USD Million), 2019–2030
- Figure 5 South Africa Waste to Energy (WtE) Market Share, By Waste Type, By Value, 2019–2030
- Figure 6 South Africa Waste to Energy (WtE) Market Share, By Application, By Value, 2019–2030
- List of Tables
- Table 1 South Africa Waste to Energy (WtE) Market Share, By Technology, By Value (USD Million), 2019–2030
- Table 2 South Africa Waste to Energy (WtE) Market Share, By Waste Type, By Value, 2019–2030
- Table 3 South Africa Waste to Energy (WtE) Market Share, By Application, By Value, 2019–2030
- Table 4 Suez Environment S.A. Company Overview
- Table 5 Suez Environment S.A. Financial Overview
- Table 6 Veolia Environment S.A. Company Overview
- Table 7 Veolia Environment S.A. Financial Overview
- Table 8 Covanta Energy Corporation Company Overview
- Table 9 Covanta Energy Corporation Financial Overview
- Table 10 Biotherm Energy Company Overview
- Table 11 Biotherm Energy Financial Overview
- Table 12 Mondi Group Company Overview
- Table 13 Mondi Group Financial Overview
- Table 14 Interwaste Holdings Ltd Company Overview
- Table 15 Interwaste Holdings Ltd Financial Overview
- Table 16 EnviroServ Waste Management Company Overview
- Table 17 EnviroServ Waste Management Financial Overview
- Table 18 New Horizons Energy Company Overview
- Table 19 New Horizons Energy Financial Overview
- Table 20 Clean Energy Africa Company Overview
- Table 21 Clean Energy Africa Financial Overview
- Table 22 Averda South Africa Company Overview
- Table 23 Averda South Africa Financial Overview
- Table 24 Yokogawa South Africa (Pty) Ltd Company Overview
- Table 25 Yokogawa South Africa (Pty) Ltd Financial Overview
- Table 26 Other Prominent Players Company Overview
- Table 27 Other Prominent Players Financial Overview
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