UAE 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
UAE Waste to Energy (WtE) Market Size Set to Grow at Steady CAGR of 4.81% to Reach Value of USD 232.12 Million by 2030
UAE Waste to Energy (WtE) Market is flourishing because of the rapid urbanization, booming tourism, and high consumption levels lead to significant municipal solid waste (MSW) generation and increasing burden of solid waste on landfills.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the UAE Waste to Energy (WtE) Market size at USD 189.35 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the UAE Waste to Energy (WtE) Market size to expand at a CAGR of 4.81% reaching a value of USD 232.12 million by 2030. The UAE Waste to Energy (WtE) Market is expected to expand at a steady rate owing to growing urban population, rising volume of municipal solid waste, and strict government policies and regulations aimed at managing waste effectively and lowering greenhouse gas emissions. Furthermore, over the period in analysis, the Waste to Energy (WtE) Market is expected to have lucrative growth opportunities due to the increasing digitalization of waste management practices.
Opportunity - Rapid urbanization and economic growth
The fast urbanization and industrialization of the UAE are expected to result in significant increases in power demand, and the growing emphasis on renewable energy sources is expected to propel the waste to energy (WtE) industry. The UAE Ministry of Climate Change and Environment has launched various initiatives to develop the waste management and recycling sector to reduce the environmental burden of waste generated in the country. Furthermore, it is anticipated that the sector will continue to develop as a result of the environmental rules being implemented to reduce carbon emissions from the use of fossil fuels.
UAE Waste to Energy (WtE) Market
Segmental Coverage
UAE Waste to Energy (WtE) Market – By Technology
Based on technology, the UAE Waste to Energy (WtE) Market is segmented into thermochemical, biochemical, and others. The thermochemical segment is further classified into incineration, pyrolysis, and gasification and holds the largest share in the Saudi Arabia Waste to Energy (WtE) Market. With higher temperatures and conversion rates, thermochemical conversion works best with feedstocks with lower moisture content and is typically less product specific. MSWI is an effective method in commercial applications because it allows the recovery of energy, minerals, and metals from the waste stream in addition to treating municipal and industrial solid waste and generating power.
Competitive Landscape
Major players operating in the UAE Waste to Energy (WtE) Market include Babcock & Wilcox, Veolia Environment S.A., Hitachi Zosen Corporation, Abu Dhabi National Energy Company PJSC, Masdar, Emirates Waste to Energy, Ramboll, Mitsubishi Heavy Industries Inc., BEE'AH Group, and Suez Environment Company. 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 UAE 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 UAE 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. UAE Waste to Energy Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Rapid Urbanization, Booming Tourism, and High Consumption Levels Lead to Significant Municipal Solid Waste (MSW) Generation
- 3.2.1.2. WtE Plants Offer a Solution to Divert Waste from Landfills
- 3.2.1.3. The UAE Aims to Diversify its Energy Mix and Reduce Reliance on Fossil Fuels.
- 3.2.1.4. Landfills are Reaching Capacity, Pushing the Need for Alternative Waste Management Solutions.
- 3.2.1.5. Government Initiatives like the Dubai Integrated Energy Strategy 2030, which Promotes WtE Adoption
- 3.2.2. Restraints
- 3.2.2.1. Building WtE Plants Requires Significant Upfront Investment in Technology and Infrastructure.
- 3.2.2.2. Misconceptions Around Air Emissions and Ash Residue Management
- 3.2.2.3. Waste Composition
- 3.2.3. Opportunities
- 3.2.3.1. Advancements in WtE Technologies like Gasification can Improve Efficiency and Address Environmental Concerns.
- 3.2.3.2. Growing Demand for Clean Energy
- 3.2.3.3. The Rising Demand for Sustainable Energy Sources in the UAE
- 3.2.4. Challenges
- 3.2.4.1. Competition from Existing Infrastructure
- 3.2.4.2. Skilled Workforce Gap
- 3.2.4.3. Connecting WtE plants to the national grid efficiently requires proper planning and infrastructure investment
- 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. UAE Waste to Energy Market: Marketing Strategies
- 5. UAE Waste to Energy 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. UAE 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 UAE Waste to Energy Market
- 8. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 8.1. Babcock & Wilcox
- 8.2. Veolia Environment S.A.
- 8.3. Hitachi Zosen Corporation
- 8.4. Abu Dhabi National Energy Company PJSC
- 8.5. Masdar
- 8.6. Emirates Waste to Energy
- 8.7. Ramboll
- 8.8. Mitsubishi Heavy Industries Inc.
- 8.9. BEEAH Group
- 8.10. Suez Environnement Company
- 8.11. 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 UAE Waste to Energy Segmentation
- Figure 2 UAE Waste to Energy Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 UAE Waste to Energy Market Share, By Technology, By Value (USD Million), 2019–2030
- Figure 5 UAE Waste to Energy Market Share, By Waste Type, By Value, 2019–2030
- Figure 6 UAE Waste to Energy Market Share, By Application, By Value, 2019–2030
- List of Tables
- Table 1 UAE Waste to Energy Market Share, By Technology, By Value (USD Million), 2019–2030
- Table 2 UAE Waste to Energy Market Share, By Waste Type, By Value, 2019–2030
- Table 3 UAE Waste to Energy Market Share, By Application, By Value, 2019–2030
- Table 4 Babcock & Wilcox Company Overview
- Table 5 Babcock & Wilcox Financial Overview
- Table 6 Veolia Environment S.A. Company Overview
- Table 7 Veolia Environment S.A. Financial Overview
- Table 8 Hitachi Zosen Corporation Company Overview
- Table 9 Hitachi Zosen Corporation Financial Overview
- Table 10 Abu Dhabi National Energy Company PJSC Company Overview
- Table 11 Abu Dhabi National Energy Company PJSC Financial Overview
- Table 12 Masdar Company Overview
- Table 13 Masdar Financial Overview
- Table 14 Emirates Waste to Energy Company Overview
- Table 15 Emirates Waste to Energy Financial Overview
- Table 16 Ramboll Company Overview
- Table 17 Ramboll Financial Overview
- Table 18 Mitsubishi Heavy Industries Inc. Company Overview
- Table 19 Mitsubishi Heavy Industries Inc. Financial Overview
- Table 20 BEEAH Group Company Overview
- Table 21 BEEAH Group Financial Overview
- Table 22 Suez Environnement Company: Company Overview
- Table 23 Suez Environnement Company Financial Overview
- Table 24 Other Prominent Players Company Overview
- Table 25 Other Prominent Players Financial Overview
Research Assistance
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