Germany Waste to Energy Market Size, Share, and COVID-19 Impact Analysis, By Technology (Thermal and Biological), By Application (Electricity and Heat), and Germany Waste to Energy Market Insights, Industry Trend, Forecasts to 2033

Industry: Energy & Power

RELEASE DATE Aug 2024
REPORT ID SI5557
PAGES 260
REPORT FORMAT PathSoft

Germany Waste to Energy Market Insights Forecasts to 2033

  • The Germany Waste to Energy Market Size was valued at USD 3.90 Billion in 2023.
  • The Market Size is Growing at a CAGR of 4.64% from 2023 to 2033
  • The Germany Waste to Energy Market Size is Expected to Reach USD 6.14 Billion by 2033

 

Germany Waste to Energy Market

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The Germany Waste to Energy Market Size is Anticipated to Exceed USD 6.14 Billion by 2033, growing at a CAGR of 4.64% from 2023 to 2033.

 

Market Overview

Waste to energy (WTE) refers to a range of technologies that transform non-recyclable waste into energy forms like heat, fuels, and electricity. WTE may happen through various methods including incineration, gasification, pyrolysis, anaerobic digestion, and landfill gas recovery. The acronym WTE often refers to incineration, where waste is burned at very high temperatures to produce energy. Modern incineration plants utilize pollution control devices to stop emissions from being released into the environment. At present, incineration is the sole WTE technology that is both economically feasible and operationally viable on a commercial level. Growing knowledge of climate change, along with urbanization and improvements in waste-to-energy technology, are causing major changes in energy and environmental industries. With increasing awareness of climate change, there is growing pressure to implement sustainable practices, such as reducing greenhouse gas emissions. Urbanization increases this demand as cities become significant contributors to emissions, requiring creative solutions to control energy usage and waste. Doosan Heavy Industries & Construction Co. was awarded a 160 billion won contract in January 2022 to build a waste-to-energy plant in Germany, enhancing its position in the fast-growing European WtE industry. The company announced that its German branch Doosan Lentjes GmbH had received approval from MHKW Wiesbaden GmbH for the project in Wiesbaden, Germany.

 

Report Coverage

This research report categorizes the market for the Germany waste to energy market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Germany waste to energy market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Germany waste to energy market.

 

Germany Waste to Energy Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 3.90 Billion
Forecast Period:2023 - 2033
Forecast Period CAGR 2023 - 2033 :4.64%
2033 Value Projection:USD 6.14 Billion
Historical Data for:2019 - 2022
No. of Pages:260
Tables, Charts & Figures:110
Segments covered:By Technology, By Application
Companies covered:: Tana Oy, Martin GmbH, Envi Con & Plant Engineering GmbH, STEAG Energy Services GmbH, EEW Energy from Waste GmbH, Others, and
Pitfalls & Challenges:COVID-19 Empact, Challenges, Future, Growth, and Analysis

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Driving Factors

The rise in waste production, the escalating worries regarding its handling for sustainable city living, and the rising emphasis on alternative energy sources are fueling the growth of the waste-to-energy sector in the nation. Nevertheless, Germany still maintains one of the world's highest waste recycling rates, which not only provides better economic advantages compared to waste incineration but also has impacted market expansion within the country. Furthermore, the European Commission's resolution to transform Europe into a more circular economy and increase recycling of municipal solid waste to over 65% by 2035 is projected to have an impact on the market for incineration.

 

Restraining Factors

Germany boasts high recycling rates, with 67.6% for household waste and approximately 70% for industrial and commercial waste. Furthermore, there are currently more than 156 thermal waste incineration facilities in operation in Germany, able to process over 25 million tons of waste, as the amount of waste being produced continues to rise rapidly. Moreover, the constrained energy efficiency of waste incineration facilities is anticipated to impede the expansion of the waste-to-energy sector in the nation.

 

Market Segmentation

The Germany waste to energy market share is classified into technology and type.

  • The thermal segment is expected to hold the largest market share through the forecast period.   

The Germany waste to energy market is segmented by technology into thermal and biological. Among them, the thermal segment is expected to hold the largest market share through the forecast period. Thermal technology plays a key role in the worldwide waste to energy market. The method utilized in its technology converts waste into energy by using heat. This technology is divided into four different types which are incineration, gasification, pyrolysis, and plasma arc gasification. The incineration part of thermal technology burns waste at high temperatures to create steam for generating electricity. The gasification process entails transforming waste into gas through the application of heat.

 

  • The electricity segment dominates the market with the largest market share over the predicted period.

The Germany waste to energy market is segmented by application into electricity and heat. Among them, the electricity segment dominates the market with the largest market share over the predicted period. This happens because waste-to-energy facilities are typically planned in a way that focuses on producing the most electricity possible, as electricity has more value in the market and can be used for a wider variety of purposes than heat.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Germany waste to energy market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Tana Oy
  • Martin GmbH
  • Envi Con & Plant Engineering GmbH
  • STEAG Energy Services GmbH
  • EEW Energy from Waste GmbH
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In May 2023, the waste-to-energy plant construction in Geiselbullach, Bavaria Germany was announced by the municipal waste management company Gemeinsames Unternehmen für Abfallwirtschaft (GfA). The goal of the plant is to utilize geothermal resources as a different option for the current district heating system.

 

Market Segment

This study forecasts revenue at Germany, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Germany Waste to Energy Market based on the below-mentioned segments:

 

Germany Waste to Energy Market, By Technology

  • Thermal
  • Biological

 

Germany Waste to Energy Market, By Application

  • Electricity
  • Heat

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