Waste-to-Energy Plant Operation in the US - Industry Market Research Report

Waste-to-Energy Plant Operation in the US - Industry Market Research Report

Waste-to-Energy Plant Operation in the US

The Waste-to-Energy Plant Operation industry has seen growth, spurred by increased support for renewable energy sources and a hike in electricity prices. Yet, the growth trajectory was somewhat impaired because of the advent of the COVID-19 pandemic, which decreased the industrial and manufacturing demand for electric power. However, as many physical businesses and offices began to reopen in 2021 and 2022, the economy started to recuperate from the pandemic's effects, which bolstered revenue growth. As a result, industry-wide revenue has been growing at a CAGR of 0.7% over the past five years, including an estimated 2.0% increase in the current year, and is expected to total $1.6 billion in 2023. However, industry profit is projected to dip to 8.4% in the same year.

This industry contains establishments primarily operate waste-to-energy plants. Waste-to-energy (WtE) is an umbrella term for processes that are used to create energy out of waste. Industry operators collect waste and revenue through tipping fees and generate additional revenue from sales of electricity generated by waste. This industry does not include publicly owned and operated facilities, but does include private companies operating on behalf of municipally owned WtE plants.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."