United States Waste to Energy Market Size (2024 - 2029)

United States Waste to Energy Market Size Summary

The United States waste-to-energy (WTE) market is poised for growth, driven by increasing waste generation and a heightened focus on sustainable urban living and non-fossil fuel energy sources. Despite the challenges posed by the COVID-19 pandemic, the market is expected to recover to pre-pandemic levels. However, the sector faces hurdles such as the need for more supportive policies, high capital investment requirements, and the rising recycling rates, which could restrain market expansion. Technological advancements in WTE are anticipated to offer significant opportunities for plant operators, with thermal technology expected to dominate the market due to the development of waste incineration facilities. These facilities are becoming more efficient and environmentally sustainable through improved flue gas cleaning processes.

The recycling rate in the United States has been on the rise, presenting both opportunities and challenges for the WTE market. While recycling offers environmental benefits by reducing pollution, it also poses a challenge to the growth of incineration processes, as government policies aim to curb carbon emissions and increase recycling rates. The market is characterized by key players such as Covanta Holding Corp, Waste Management, Inc., and others, who are actively involved in advancing WTE technologies. Recent developments, such as Kore Infrastructure's renewable energy system and Florida's financial assistance program for waste combustion facilities, highlight ongoing efforts to enhance the sector's capabilities and expand its reach.