Global waste-to-energy to reach $95.19m by 2035

APAC is the fastest-growing market.

The global waste-to-energy market is expected to reach $95.19m by 2035, reflecting a compound annual growth rate of 7.2%.

According to Market Research Future, Asia Pacific is the fastest-growing market due to rapid urbanisation and government investment in waste management. China, Japan, and South Korea are expanding their capacity to combat landfill shortages and air pollution.

One of the primary drivers of the waste-to-energy market is the growing global waste generation. Another factor is the need for renewable energy sources, as governments and corporations seek alternatives to fossil fuels.

“Stringent environmental regulations also play a crucial role. Many countries have enacted policies that restrict landfill use and promote circular economy practices. Incentives, tax breaks, and subsidies for renewable energy projects are further accelerating the adoption of WtE technologies,” Market Research Future said.

Traditional incineration remains the most widely used method, but new processes such as gasification, pyrolysis, and anaerobic digestion are becoming more prevalent.

“With rising waste volumes, evolving technologies, and strong regional policy support, waste-to-energy is set to play a pivotal role in creating a cleaner, more sustainable energy future. As advancements continue, the sector will not only help reduce environmental pressures but also contribute meaningfully to global energy security,” Market Research Future said.