United States Waste To Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The US waste to energy market is expected to register a CAGR of about 7.26% during the forecast period of 2020-2025. The advancements and penetration of the WTE technologies in North America have still not resonated with the pace at which the waste gets generated in the region. The country's decreasing availability of landfill space is creating a shift toward the development of renewable energy, which provides the market with immense potential for growth in the near future. United States has been one of the countries worldwide at the forefront of adopting WTE technologies mainly because of the introduction of many favorable government initiatives. However, the country still lacks suitable policies and regulations concerning WTE, and factors such as high capital investment, increasing the recycling rate of waste and several other factors that have been restraining the growth in the WTE market.
Key HighlightsThe US waste to energy market is moderately fragmented. Some of the key players are Covanta Holding Corp, Waste Management, Inc., Suez SA, Martin GmbH, and Wheelabrator Technologies Inc.
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