Land Incinerators Market size is projected to follow an upward growth trajectory over the analysis period 2021-2027. Mounting environmental concerns and the need for sustainable waste handling practices is augmenting use of land incineration. The exponentially rising amount of waste generated globally, supportive government policies and initiatives regarding waste dumping practices will create promising opportunities for incineration companies.
The increasing adoption of Waste to Energy (WTE) or Energy from Waste (EfW) practices is positively impacting the land incinerators industry outlook. The process of incineration reduces waste volume by up to 90% and weight by about 75% and converts waste materials into their main components – heat, flue gases, and fly ashes. This also helps produce raw materials for power generation, space heating, and other applications.
In terms of capacity, the large capacity land incinerators market is slated to witness substantial demand through 2027. This demand is attributed to the increasing volume of waste generated across the developing regions. Rapid urbanization and industrial development are prime factors resulting in the rising waste volumes. These factors are intensifying the need for large-scale incineration units which can have a capacity of up to 3,000 tons per day.
Considering the application, the municipal sector is anticipated to acquire a notable share of the land incinerators market in the forthcoming years. This is due to the exponential surge in urban population and the subsequent rise in municipal waste generated. For example, more than 502 kg of municipal waste per capita was generated in the European Union in 2019, according to the European Commission. This has led municipal bodies worldwide to replace conventional methods with land incineration as it reduces pollution and health risks drastically. It not only ensures better waste management but also offers the ability to handle a large quantity of waste, including artificial and non-organic waste, on a daily basis. The declining availability of landfills means that land incinerators will continue to witness strong demand in municipal applications.
From a geographical perspective, Europe land incinerators market size is expected to grow substantially between 2021-2027. The regional growth is influenced by strict government regulations pertaining to landfills. Due to a strict regulatory scenario, the amount of municipal waste incinerated in the EU has increased by 30 million tons between 1995 and 2019. Increasing environmental concerns, growing public awareness, and active measures taken by regulatory units against traditional waste disposal practices will benefit the market players.
Gershman, Brickner & Bratton Inc. (GBB), Covanta Energy (Danielson Holding Corporation), EEW Energy from Waste (Beijing Enterprises), Novo Energy, Wheelabrator Technologies, and Suez Environment (Sofina) are among the established companies in the land incinerators industry.
Maintaining the delivery of basic urban services, including waste collection and management, had become a major challenge for economies during the COVID-19 pandemic. With increased importance of health hygiene, proper waste disposal and handling has become adequately important since the virus outbreak, as improper practices can cause both human risk and environmental damage. The exponential surge in plastic use, particularly single-use plastics, during the pandemic has affected the land incinerators market forecast as incineration is not always the ideal method for plastic waste management.