Incineration Plants Market by Application, Capacity and Geography - Forecast and Analysis 2023-2027

Published: Nov 2022 Pages: 169 SKU: IRTNTR45053

The Global Incineration Plants Market Size is estimated to grow by USD 54,379.62 million between 2022 and 2027 accelerating at a CAGR of 12%.

The decrease in the use of landfill due to limited land availability is the major factor driving the market growth. Solid waste management refers to the process of getting rid of the waste that can't be used anymore. This waste comes from various sources like homes, industries, and medical facilities, and can be harmful to the environment and human health if not disposed of properly. There are several methods of waste management, including landfill, incineration, composting, recycling, and gasification. Landfills have been the most popular method, but with limited space and environmental concerns, other methods like incineration are gaining popularity. This is leading to an increase in the demand for incineration plants, which is expected to drive the global land incineration plants market growth in the near future.

This land incineration plants market report extensively covers market segmentation by application (municipal and non-municipal), capacity (large capacity, medium capacity, and small capacity), and geography (Europe, APAC, Middle East and Africa, North America, and South America). It also includes an in-depth analysis of drivers, trends, and challenges.

What will be the Incineration Plants Market Size During the Forecast Period?

To learn more about this report, View Sample PDF

Incineration Plants Market Report: Key Drivers, Trends, Challenges

 Our researchers analyzed the data with 2022 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Incineration Plants Market Drivers

Toxic substances present in many solid waste materials can seep into the soil, contaminate groundwater, and harm the health of living beings, including plants, animals, and humans. Electronic waste, for example, contains hazardous metals like lead, mercury, and cadmium, while construction waste can contain asbestos and other toxic materials. When waste accumulates, it decomposes and releases methane, a potent greenhouse gas that contributes to global warming, resulting in extreme weather conditions and environmental pollution. The oceans are also affected by solid waste, as evidenced by the plastic garbage patch in the Pacific Ocean, which causes habitat destruction, species extinction, and the introduction of invasive species. The use of agricultural chemicals such as DDT, which finds its way into marine food chains, also poses a risk to marine life, with the brown pelican laying soft, prematurely hatched eggs due to its exposure to DDT.

The world's urban population is expected to produce three times more waste by 2100 than it does currently, resulting in a projected 70% increase in solid waste generation by 2025. This rapid increase in waste production requires the implementation of effective waste management systems to prevent severe environmental pollution. To address this issue, waste management techniques such as incineration are gaining popularity as they can not only reduce the volume of solid waste but also produce heat that can be used for various purposes, including electricity generation. To capitalize on this market potential, vendors are offering incineration systems for various applications. For example, Babcock and Wilcox supply the full combustion system, including crane, DynaGrate combustion grate system, boiler, ash handling, and particle and NOx reduction system at the Amager Bakke plant in Copenhagen. Consequently, the global incineration plants market is expected to grow during the forecast period due to increasing environmental concerns.

Significant Incineration Plants Market Trends

Integrated waste management system is a major trend in the market. The UN-Habitat developed the integrated waste management system (IWMS) framework for sustainable waste management. It comprises physical elements and governance strategies. The physical elements provide the necessary infrastructure for waste management, including waste collection, treatment, disposal, and 3Rs. The governance strategies include stakeholder involvement, financial stability, sound institutions, and proactive policies. The IWMS replaces waste with resources and aims to prevent and reduce waste, maximize recycling, and sort waste efficiently. It uses various technologies to treat waste and produce RDF, compost, biogas, and recyclable materials. The IWMS provides efficient waste management and is being adopted worldwide, with countries developing sustainable waste management plans. This adoption will drive the growth of the global land incineration plants market.

Major Incineration Plants Market Challenges

Incineration is a waste-to-energy (WTE) technology that involves burning waste to produce steam for generating electricity. While it is an attractive option, it can result in air, land, and water pollution if strict controls are not in place. Incinerators emit heavy metals, dioxins, and furans in waste gases, water, or ash. MSW incineration produces bottom ash and fly ash, which contain hazardous materials. Dioxins, the most toxic pollutants, are produced at various stages, including during heat recovery. In 2018, the US EPA developed new regulations to limit emissions of nine pollutants from solid waste incineration units, which could pose a challenge to the growth of the land incineration plants market.

Get a detailed analysis of drivers, trends, and challenges  View the Sample PDF now!

Incineration Plants Market Segmentation by Application, Capacity Geography

Application  Analysis

The market share growth by the municipal segment will be significant during the forecast period. Municipal solid waste (MSW) consists of solid wastes from residential areas with single and multifamily homes. Some of the MSW includes leftover food, ashes, paper, cardboard, plastics, leather, textiles, wood, yard wastes, metals, glass, special wastes (bulky items), white goods, batteries, oil, tires, consumer electronics, e-waste (computers, phones, and television sets), and household hazardous wastes (paints, aerosols, gas tanks, waste containing mercury, motor oil, and cleaning agents). 

Get a glance at the market contribution of various segments View Sample PDF 

The municipal segment was valued at USD 35,960.72 million in 2017 and continued to grow by 2021. In this segment, the rate of generation of MSW is a function of economic development, local climate, and public lifestyle. Moreover, the amount of waste generated is influenced by the income levels of regions. The consumption of goods and services is high in regions with high economic development and income levels, resulting in an increased amount of waste generation.  New waste treatment plants are opening in various countries. The establishment of new waste incineration plants is one of the factors that can influence the accelerated growth momentum of the market during the forecast period.  

Capacity Analysis

Based on capacity, the large capacity holds the largest incineration plants market share. The incineration of non-recyclable solid waste reduces the waste volume and associated health concerns. Incineration facilities can reduce volume and weight by up to 90% and 75%, respectively, while also breaking down harmful substances. However, large-capacity incineration systems with capacities up to 3000 tons per day are costly and require highly trained laborers. Incinerators are used in areas where landfill space is limited, and recovery of heat, energy, and precious metals from ashes is possible. The three types of large-scale incinerators are mass-burn, fluidized-bed, and modular. In 2022, large-capacity incineration holds the largest market share due to its ability to convert waste to energy without relying on landfills, and it is expected to continue its dominance during the forecast period.

Geographical Analysis

Europe is estimated to contribute 44% to the growth of the global land incineration plants market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market share of various regions View the Sample PDF now!

Europe is projected to contribute 44% by 2027. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Germany, Russia, and the UK are some of the prominent countries generating MSW in the region. As a result, incineration is widely used across Europe to treat solid wastes due to the fact of high population density and scarcity of land for dumping the wastes. An increase in the amount of non-municipal waste and stringent regulations have been driving the market in the region. The Circular Economy Package includes revised legislative proposals on waste management. It stimulates Europe's focus toward a circular economy. This proposal sets a 65% recycling target for municipal waste by 2030 and 75% recycling for packaging waste by 2030. As a result, the land incineration plants market will face stiff competition from recycling during the forecast period.

Take a quick look at various segments. View the Sample PDF now!

Covid Recovery Analysis

This report forecasts the contribution of all the segments to the growth of the market. In addition, we have included the COVID-19 impact and the recovery strategies for each segment. COVID-19 led to an upsurge in the demand for Europe.  However, in 2021, the initiation of vaccination drives in Europe led to the lifting of lockdowns in the region. This has resulted in the resumption of operations in manufacturing industries, which has increased the demand for incineration plants in the region. Thus, all these factors will drive the growth of the regional land incineration plants market during the forecast period. 

Who are the Major Incineration Plants Market Players?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the land incineration plants market. One of the major vendors in the market include:

Babcock & Wilcox Enterprises - The company offers waste-to-energy plant which comes with a tailor-made business model for achieving its full potential.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • BT Wolfgang Binder GmbH
  • China Everbright Environment Group Ltd.
  • Covanta Holding Corp.
  • Doosan Corp.
  • Granutech Saturn Systems
  • Hitachi Zosen Corp.
  • Incinco Ltd.
  • INCINER8 Ltd.
  • Ionicon Analytik Ges mbH
  • Kawasaki Heavy Industries Ltd.
  • Keppel Corp.
  • MARTIN GmbH
  • Mitsubishi Heavy Industries Ltd.
  • Nippon Steel Corp.
  • OPSIS AB
  • Sembcorp Industries Ltd.
  • SUEZ SA
  • Veolia Environment SA
  • Wheelabrator Technologies Holdings Inc.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified. Furthermore, it is also quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Segment Overview

The land incineration plants market research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook (USD Million, 2017 - 2027)
    • Municipal
    • Non-municipal
  • Capacity Outlook (USD Million, 2017 - 2027)
    • Large capacity 
    • Medium capacity
    • Small capacity
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

 

Incineration Plants Market Scope

Report Coverage

Details

Page number

169

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 12%

Market growth 2023-2027

USD 54,379.62 million

Market structure

Fragmented

YoY growth 2022-2023(%)

11.2

Regional analysis

Europe, APAC, Middle East and Africa, North America, and South America

Performing market contribution

Europe at 44%

Key countries

US, Saudi Arabia, China, Japan, and Germany

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Babcock and Wilcox Enterprises Inc., BT Wolfgang Binder GmbH, China Everbright Environment Group Ltd., Covanta Holding Corp., Doosan Corp., Granutech Saturn Systems, Hitachi Zosen Corp., Incinco Ltd., INCINER8 Ltd., Ionicon Analytik Ges mbH, Kawasaki Heavy Industries Ltd., Keppel Corp., MARTIN GmbH, Mitsubishi Heavy Industries Ltd., Nippon Steel Corp., OPSIS AB, Sembcorp Industries Ltd., SUEZ SA, Veolia Environment SA, and Wheelabrator Technologies Holdings Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

View Sample PDF 

What are the Key Data Covered in this Incineration Plants Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the Incineration Plants Market between 2023 and 2027
  • Precise estimation of the size of the incineration plants market size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across Europe, APAC, Middle East and Africa, North America, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Detailed analysis of customer landscape covering Diver of price sensitivity, Adoption of the lifecycle, and key purchase criteria
  • Vendor landscape comparing criticality of inputs and factors of differentiation
  • Exclusive Matrix on vendor position and classification
  • Comprehensive analysis of factors that will challenge the growth of incineration plants market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Capacity
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global incineration plants market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global incineration plants market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Capacity Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Capacity Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Municipal - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Municipal - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Municipal - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Municipal - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Municipal - Year-over-year growth 2022-2027 (%)
    • 6.4 Non-municipal - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Non-municipal - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Non-municipal - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Non-municipal - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Non-municipal - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Application
      • Exhibit 42: Market opportunity by Application ($ million)

    7 Market Segmentation by Capacity

    • 7.1 Market segments
      • Exhibit 43: Chart on Capacity - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Capacity - Market share 2022-2027 (%)
    • 7.2 Comparison by Capacity
      • Exhibit 45: Chart on Comparison by Capacity
      • Exhibit 46: Data Table on Comparison by Capacity
    • 7.3 Large capacity - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Large capacity - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on Large capacity - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on Large capacity - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Large capacity - Year-over-year growth 2022-2027 (%)
    • 7.4 Medium capacity - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Medium capacity - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Medium capacity - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Medium capacity - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Medium capacity - Year-over-year growth 2022-2027 (%)
    • 7.5 Small capacity - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Small capacity - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Small capacity - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Small capacity - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Small capacity - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Capacity
      • Exhibit 59: Market opportunity by Capacity ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 63: Chart on Geographic comparison
      • Exhibit 64: Data Table on Geographic comparison
    • 9.3 Europe - Market size and forecast 2022-2027
      • Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.4 APAC - Market size and forecast 2022-2027
      • Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.5 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 73: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.6 North America - Market size and forecast 2022-2027
      • Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 Germany - Market size and forecast 2022-2027
      • Exhibit 85: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Saudi Arabia - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on Saudi Arabia - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Saudi Arabia - Year-over-year growth 2022-2027 (%)
    • 9.11 US - Market size and forecast 2022-2027
      • Exhibit 97: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.12 Japan - Market size and forecast 2022-2027
      • Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 105: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 108: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 109: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 110: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 111: Matrix on vendor position and classification
            • 12.3 Babcock and Wilcox Enterprises Inc.
              • Exhibit 112: Babcock and Wilcox Enterprises Inc. - Overview
              • Exhibit 113: Babcock and Wilcox Enterprises Inc. - Business segments
              • Exhibit 114: Babcock and Wilcox Enterprises Inc. - Key news
              • Exhibit 115: Babcock and Wilcox Enterprises Inc. - Key offerings
              • Exhibit 116: Babcock and Wilcox Enterprises Inc. - Segment focus
            • 12.4 China Everbright Environment Group Ltd.
              • Exhibit 117: China Everbright Environment Group Ltd. - Overview
              • Exhibit 118: China Everbright Environment Group Ltd. - Business segments
              • Exhibit 119: China Everbright Environment Group Ltd. - Key offerings
              • Exhibit 120: China Everbright Environment Group Ltd. - Segment focus
            • 12.5 Doosan Corp.
              • Exhibit 121: Doosan Corp. - Overview
              • Exhibit 122: Doosan Corp. - Business segments
              • Exhibit 123: Doosan Corp. - Key news
              • Exhibit 124: Doosan Corp. - Key offerings
              • Exhibit 125: Doosan Corp. - Segment focus
            • 12.6 Hitachi Zosen Corp.
              • Exhibit 126: Hitachi Zosen Corp. - Overview
              • Exhibit 127: Hitachi Zosen Corp. - Business segments
              • Exhibit 128: Hitachi Zosen Corp. - Key offerings
              • Exhibit 129: Hitachi Zosen Corp. - Segment focus
            • 12.7 Incinco Ltd.
              • Exhibit 130: Incinco Ltd. - Overview
              • Exhibit 131: Incinco Ltd. - Product / Service
              • Exhibit 132: Incinco Ltd. - Key offerings
            • 12.8 INCINER8 Ltd.
              • Exhibit 133: INCINER8 Ltd. - Overview
              • Exhibit 134: INCINER8 Ltd. - Product / Service
              • Exhibit 135: INCINER8 Ltd. - Key offerings
            • 12.9 Ionicon Analytik Ges mbH
              • Exhibit 136: Ionicon Analytik Ges mbH - Overview
              • Exhibit 137: Ionicon Analytik Ges mbH - Product / Service
              • Exhibit 138: Ionicon Analytik Ges mbH - Key offerings
            • 12.10 Kawasaki Heavy Industries Ltd.
              • Exhibit 139: Kawasaki Heavy Industries Ltd. - Overview
              • Exhibit 140: Kawasaki Heavy Industries Ltd. - Business segments
              • Exhibit 141: Kawasaki Heavy Industries Ltd. - Key news
              • Exhibit 142: Kawasaki Heavy Industries Ltd. - Key offerings
              • Exhibit 143: Kawasaki Heavy Industries Ltd. - Segment focus
            • 12.11 Keppel Corp.
              • Exhibit 144: Keppel Corp. - Overview
              • Exhibit 145: Keppel Corp. - Business segments
              • Exhibit 146: Keppel Corp. - Key offerings
              • Exhibit 147: Keppel Corp. - Segment focus
            • 12.12 MARTIN GmbH
              • Exhibit 148: MARTIN GmbH - Overview
              • Exhibit 149: MARTIN GmbH - Product / Service
              • Exhibit 150: MARTIN GmbH - Key offerings
            • 12.13 Mitsubishi Heavy Industries Ltd.
              • Exhibit 151: Mitsubishi Heavy Industries Ltd. - Overview
              • Exhibit 152: Mitsubishi Heavy Industries Ltd. - Business segments
              • Exhibit 153: Mitsubishi Heavy Industries Ltd. - Key news
              • Exhibit 154: Mitsubishi Heavy Industries Ltd. - Key offerings
              • Exhibit 155: Mitsubishi Heavy Industries Ltd. - Segment focus
            • 12.14 Nippon Steel Corp.
              • Exhibit 156: Nippon Steel Corp. - Overview
              • Exhibit 157: Nippon Steel Corp. - Business segments
              • Exhibit 158: Nippon Steel Corp. - Key offerings
              • Exhibit 159: Nippon Steel Corp. - Segment focus
            • 12.15 Sembcorp Industries Ltd.
              • Exhibit 160: Sembcorp Industries Ltd. - Overview
              • Exhibit 161: Sembcorp Industries Ltd. - Business segments
              • Exhibit 162: Sembcorp Industries Ltd. - Key offerings
              • Exhibit 163: Sembcorp Industries Ltd. - Segment focus
            • 12.16 SUEZ SA
              • Exhibit 164: SUEZ SA - Overview
              • Exhibit 165: SUEZ SA - Business segments
              • Exhibit 166: SUEZ SA - Key offerings
              • Exhibit 167: SUEZ SA - Segment focus
            • 12.17 Veolia Environment SA
              • Exhibit 168: Veolia Environment SA - Overview
              • Exhibit 169: Veolia Environment SA - Business segments
              • Exhibit 170: Veolia Environment SA - Key offerings
              • Exhibit 171: Veolia Environment SA - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 172: Inclusions checklist
                • Exhibit 173: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 174: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 175: Research methodology
                • Exhibit 176: Validation techniques employed for market sizing
                • Exhibit 177: Information sources
              • 13.5 List of abbreviations
                • Exhibit 178: List of abbreviations
              • in manufacturing industry: Market dynamics in some major processes and discrete industries are changing drastically, and manufacturers are gradually feeling the brunt of excessive demand fluctuations. The fluctuating prices of oil and gas and metals in the global market and the shortage of a skilled workforce worldwide have directly affected the profitability of manufacturing companies. A sudden and unexpected shift in market dynamics can drastically impact manufacturing processes and investments in capital goods.
                • slowdown in the automotive industry: High motorization rates in North America and Europe, the increase in tariffs on imported vehicles in the US and China, and the global economic slowdown are likely to reduce vehicle sales in the coming years. Anticipating a decline in vehicle sales, several vehicle manufacturers are halting their vehicle production. For instance, in March 2019, Ford announced the shutdown of its three vehicle-manufacturing sites in Russia. Similarly, in August 2019, Mahindra and Mahindra Ltd. stopped vehicle production at its manufacturing units in India for 8-14 days. During the same month, Maruti Suzuki announced that it had cut its vehicle production for the sixth consecutive month in 2019. In August 2019, Honda announced a halt in car production at its Argentina-based manufacturing plants. Such a slowdown in the automotive industry is expected to hamper the growth of the market during the forecast period.

                  Research Framework

                  Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                  INFORMATION SOURCES

                  Primary sources

                  • Manufacturers and suppliers
                  • Channel partners
                  • Industry experts
                  • Strategic decision makers

                  Secondary sources

                  • Industry journals and periodicals
                  • Government data
                  • Financial reports of key industry players
                  • Historical data
                  • Press releases

                  DATA ANALYSIS

                  Data Synthesis

                  • Collation of data
                  • Estimation of key figures
                  • Analysis of derived insights

                  Data Validation

                  • Triangulation with data models
                  • Reference against proprietary databases
                  • Corroboration with industry experts

                  REPORT WRITING

                  Qualitative

                  • Market drivers
                  • Market challenges
                  • Market trends
                  • Five forces analysis

                  Quantitative

                  • Market size and forecast
                  • Market segmentation
                  • Geographical insights
                  • Competitive landscape

                  PURCHASE FULL REPORT OF

                  incineration plants market

                  QUICK BUY

                  Key Questions Answered

                  • What are the key global market and the regional market share?
                  • What are the revenue-generating key market segments?
                  • What are the key factors driving and challenging this market’s growth?
                  • Who are the key market vendors and their growth strategies?
                  • What are the latest trends influencing the growth of this market?
                  • What are the variables influencing the market growth in the primary regions?
                  • What are the factors influencing the growth of the parent market?

                  Why should you prefer Technavio's market insights report?

                  • Off-the-shelf research reports
                  • Reports can be tailored to meet the customer's needs
                  • Trusted by more than 100 fortune 500 organizations
                  • Information about the market's key drivers, trends, and challenges
                  • Parent market analysis
                  • Every week, 50,000 people visit our subscription platform
                  • Detailed vendors report with competitive landscape
                  • Covid-19 impact and recovery analysis
                  • Data on revenue-generating market segments
                  • Details on the market shares of various regions
                  • Five-force market analysis