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Shift in trend toward use of renewable energy resources is expected to be the major factor driving the
global waste to energy (WTE) market over the forecast period. Waste generated from residential and
commercial uses are consumed to produce electricity. Increasing industrial and domestic waste has
encouraged government to promote energy generated from waste. This trend is expected to drive the
global WTE market over the next six years.
Favorable government regulation coupled with subsidies and tax benefits are expected to be the major
factor driving the market over the next six years. Increasing environmental apprehension over nonrenewable energy usage is anticipated to have positive impact on global WTE market over the
foreseeable period. Decreasing landfills area is likely to create an opportunity for the market players in
the future. Growing recycling industry in developed nations including Germany, U.S., Japan, and
Netherland is expected to complement the market growth over the foreseeable period.
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