Market Size of India Waste-to-Energy Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 2.56 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
India Waste-to-Energy Market Analysis
The Indian waste-to-energy market is estimated to be valued at USD 1089.34 million in the current year. The market is expected to rise at a CAGR of more than 2.56% during the forecast period.
The market was negatively impacted by COVID-19 in 2020. Presently, the market has reached pre-pandemic levels.
Over the long term, increasing waste generation and efforts to mitigate the waste management crisis combined with favorable government policies are expected to drive the market studied.
On the other hand, the environmental impact of waste from energy incineration plants is expected to restrain the market studied.
Nevertheless, the adoption of advanced and environmentally sustainable waste-to-energy techniques such as fermentation and anaerobic digestion is expected to create ample opportunities for the Indian waste-to-energy market.
India Waste-to-Energy Industry Segmentation
Waste-to-energy is the process of generating energy in the form of electricity and/or heat through the primary treatment of waste or processing of the same into a fuel source. The technology used for this process includes physical, thermal, and biological technologies.
The Indian waste-to-energy market is segmented by technology (thermal (incineration, pyrolysis, and gasification), biochemical, and other technologies) and disposal method (landfill, waste processing, and recycling). The report offers the market size and forecasts in terms of value in USD million.
| Technology | |||||
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| Bio-Chemical | |||||
| Other Technologies |
| Disposal Method | |
| Landfill | |
| Waste Processing | |
| Recycling |
India Waste-to-Energy Market Size Summary
The Indian waste-to-energy market is poised for growth, driven by increasing waste generation and supportive government policies aimed at addressing the waste management crisis. The market has rebounded to pre-pandemic levels after the setbacks caused by COVID-19. Despite concerns over the environmental impact of waste incineration, the adoption of advanced and sustainable techniques like fermentation and anaerobic digestion presents significant opportunities. Thermal technology, particularly incineration, is expected to dominate the market due to its cost-effectiveness and established presence in India. This technology effectively reduces waste volume and mass while recovering energy, minerals, and metals, making it a practical solution for the country's growing energy demands.
Rapid urbanization in India has led to a surge in waste generation, particularly in megacities, where space for waste disposal is becoming increasingly scarce. The country's waste-to-energy plants are seen as a viable solution to the impending waste management crisis, with a significant increase in the share of waste processed through these facilities. The market is characterized by fragmentation, with key players like A2z Group, Ecogreen Energy Pvt. Ltd, and Suez Group actively participating. Recent developments include the commencement of new plants and ongoing construction projects, which are expected to further bolster the market's growth trajectory during the forecast period.
India Waste-to-Energy Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Market Size and Demand Forecast in USD million, till 2027
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1.3 Recent Trends and Developments
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1.4 Government Policies and Regulations
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1.5 Market Dynamics
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1.5.1 Drivers
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1.5.2 Restraints
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1.6 Supply Chain Analysis
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1.7 PESTLE Analysis
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2. MARKET SEGMENTATION
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2.1 Technology
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2.1.1 Thermal
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2.1.1.1 Incineration
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2.1.1.2 Pyrolysis
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2.1.1.3 Gasification
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2.1.2 Bio-Chemical
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2.1.3 Other Technologies
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2.2 Disposal Method
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2.2.1 Landfill
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2.2.2 Waste Processing
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2.2.3 Recycling
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India Waste-to-Energy Market Size FAQs
What is the current India Waste-to-Energy Market size?
The India Waste-to-Energy Market is projected to register a CAGR of greater than 2.56% during the forecast period (2024-2029)
Who are the key players in India Waste-to-Energy Market?
Suez Group, Abellon Clean Energy Ltd, Il&fs Environnemental Infrastructure And Services Limited, Ecogreen Energy Pvt. Ltd. and A2z Group are the major companies operating in the India Waste-to-Energy Market.
