Japan Waste to Energy Market Size (2024 - 2029)

The Japanese waste-to-energy market is experiencing growth driven by economic development, industrialization, and a shift towards non-fossil fuel energy sources, despite challenges such as rising emissions and high incinerator costs. The market's expansion is supported by advancements in thermal technology and increased investment in research and development for aerobic and anaerobic digestion. Efforts to enhance incineration technologies to minimize harmful emissions are also expected to contribute to the market's growth trajectory.

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Market Size of Japan Waste to Energy Industry

Japan Waste to Energy Market Forecast
Study Period 2020 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2020 - 2022
CAGR 12.60 %
Market Concentration Medium

Major Players

Japan Waste to Energy Market Key Players

*Disclaimer: Major Players sorted in no particular order

Japan Waste to Energy Market Analysis

The Japanese waste-to-energy market is expected to register a CAGR of more than 12.6% during the forecast period (2022-2027). The COVID-19 outbreak negatively impacted Japan's waste-to-energy market. Even though municipal solid waste (MSW) is rising during the pandemic, commercial and industrial (C&I) waste declined sharply, resulting in the overall decline in quantity. Apart from the domestic reduction, the amount imported for processing also decreased. Factors such as economic development, industrialization, and increasing focus on non-fossil fuel energy sources have been driving the country's waste-to-energy market. However, the market has been restrained by the rising emissions of harmful gases and the expensive nature of incinerators, particularly as energy prices declined and several plants could not cover operating costs.

  • Thermal technology is expected to dominate the waste-to-energy market, owing to the increasing development in incineration, gasification technologies, and the growing amount of waste generated.
  • Increasing investments in aerobic and anaerobic digestion-related R&D activities to ensure reliability in terms of environmental effects are expected to provide lucrative opportunities for the market's growth in the future.
  • Japan is focusing on improving its incineration technologies to reduce harmful emissions from waste to energy conversion, which is expected to drive the market during the forecast period.

Japan Waste to Energy Industry Segmentation

The Japanese waste to energy market report includes:

Technology
Physical
Thermal
Biological
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Japan Waste to Energy Market Size Summary

The Japanese waste-to-energy market is poised for significant growth, driven by factors such as economic development, industrialization, and a strong emphasis on non-fossil fuel energy sources. Despite the challenges posed by the COVID-19 pandemic, which led to a decline in commercial and industrial waste, the market is expected to expand, with thermal technology playing a dominant role. Japan's focus on improving incineration technologies to minimize harmful emissions is anticipated to further propel market growth. The country has been a leader in thermal-based waste-to-energy technology since the 1960s, with a substantial portion of municipal solid waste being utilized in energy recovery systems. This focus on thermal treatment is partly due to the limited availability of landfill space, making waste incineration a more viable solution.

The market landscape is moderately fragmented, with key players such as Hitachi Zosen Corp., Mitsubishi Heavy Industries Ltd, and JFE Engineering Corporation actively contributing to advancements in waste-to-energy technologies. Investments in new incineration technologies have led to reduced carbon dioxide emissions, supporting the market's expansion. Notable projects, such as the thermal-based waste-to-heat management facility in Ibaraki Prefecture and the refurbishment of the Hokubu Waste-to-Energy plant, highlight ongoing efforts to enhance waste-to-energy infrastructure. These developments, coupled with increasing research and development in aerobic and anaerobic digestion, are expected to create lucrative opportunities for the market in the coming years.

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Japan Waste to Energy Market Size - Table of Contents

  1. 1. MARKET OVERVIEW

    1. 1.1 Introduction

    2. 1.2 Market Size and Demand Forecast in USD billion, till 2027

    3. 1.3 Recent Trends and Developments

    4. 1.4 Government Policies and Regulations

    5. 1.5 Market Dynamics

      1. 1.5.1 Drivers

      2. 1.5.2 Restraints

    6. 1.6 Supply Chain Analysis

    7. 1.7 PESTLE Analysis

  2. 2. MARKET SEGMENTATION

    1. 2.1 Technology

      1. 2.1.1 Physical

      2. 2.1.2 Thermal

      3. 2.1.3 Biological

Japan Waste to Energy Market Size FAQs

The Japan Waste to Energy Market is projected to register a CAGR of greater than 12.60% during the forecast period (2024-2029)

Mitsubishi Heavy Industries Ltd , JFE Engineering Corporation , TAKUMA Co. Ltd, Hitachi Zosen Corporation and Kawasaki Heavy Industries Ltd are the major companies operating in the Japan Waste to Energy Market.

Japan Waste to Energy Market Report Snapshots

Japan Waste to Energy Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)