Transparency Market Research has released a new
market report titled, “Land Incineration Plants Market - Global
Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 -
2023”. According to this report, the global land incineration
plants market was valued at US$43.93 bn in 2014 and is projected to
reach US$68.71 bn by 2023 at a CAGR of 5.5% from 2015 to 2023.
A traditional land incineration plant consist of
incinerators, waste receipt and handling systems, combustion systems,
heat recovery systems (boilers), air pollution control systems, and
combustion solid residue handling systems. Incinerators play a vital
role in land incineration plants. These reduce the mass of municipal
solid waste by almost 80% and volume by 90% by burning it under
controlled environment.
This 72 page report gives readers a
comprehensive overview of the Land Incineration Plants market. Browse
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The heat generated from these plants is utilized
for several industrial applications. In most of the cases, the heat
generated is transferred to waste-to-energy plants, which utilize it
for electricity generation. Bottom ash produced as a by-product from
a land incineration plant is utilized in cement plants for the
production of cement. Based on the amount of waste incinerated per
day, land incineration plants have been categorized into small &
medium capacity and large capacity plants. Governments and other
local authorities across the globe are promoting the development of
land incineration plants by offering various funding schemes such as
capital grants, prudential borrowing, and waste infrastructure (WI)
credits.
Introduction of higher landfill tax by several
countries such as the U.K. and New Zealand is also driving the
development of such plants globally. However, traditional land
incinerator plants have attracted a lot of public opposition in the
form of protest in several regions primarily due to emission of flue
gas. This acts as a major challenge for the development of land
incineration plants. However, modern land incineration plants have
adopted several advanced and sustainable technologies that have
decreased emission of flue gas. These technologies are anticipated to
provide newer opportunities to market participants and plant
developers in the near future.
The land incineration plants market has been
segmented on the basis of capacity of incineration and geography.
Based on capacity of incineration, the market has been segmented into
small & medium capacity and large capacity plants. The large
capacity incineration plants segment held the largest share of 89% of
the land incineration plants market in 2014. Key developers in the
land incineration plants market include Suez Environment Company,
Kawasaki Heavy Industries, Ltd., Babcock & Wilcox Enterprises,
Inc., Martin GmbH für Umwelt-und Energietechnik, Hitachi Zosen Inova
AG, Doosan Lentjes GmbH, Mitsubishi Heavy Industries Environmental &
Chemical Engineering Co., Ltd. (MHIEC), and Keppel Seghers
Engineering Singapore Pte, Ltd.
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Demand for land incineration plants is expected to
increase gradually in the near future due to increase in urban
population across the globe.
The global land incineration plants market has
been segmented as follows:
Land Incineration Plants Market: By Capacity
- Small & Medium Capacity
- Large Capacity
Land Incineration Plants Market: By Region
North America
- U.S.
- Rest of North America
Europe
- France
- U.K.
- Rest of Europe
Asia Pacific
- China
- Japan
- Rest of Asia Pacific
Rest of the World
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