According to a new report published by Allied Market Research titled, “U.S. & Canada Waste-to-Energy Market by Type of Technology: Opportunity Analysis and Industry Forecast, 2019–2026,” the U.S. & Canada waste-to-energy market is anticipated to generate $2,894.0 million by 2026, growing at a CAGR of 6.0%.
Waste-to-energy is emerging as a highly effective and sustainable alternative energy source, playing a vital role in reducing CO₂ emissions and lessening reliance on fossil fuels. By converting waste into usable energy, this process can cut landfill volumes by over 90%. Notably, for every ton of waste incinerated, approximately one ton of CO₂ emissions is avoided—while also preventing methane emissions commonly associated with landfill sites. These environmental benefits are expected to drive the demand for waste-to-energy solutions across the U.S. and Canada.
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The U.S. and Canada waste-to-energy market is growing due to surge in demand for renewable sources of energy in these regions, as well as increase in investment by governments to enhance energy production. Further, regulation implemented to reduce carbon content are further anticipated to boost the overall growth of the market. However, high costs associated with plant installation and infrastructure of expensive components are expected to hamper the overall market growth.
On the basis of type of technology, thermal type of waste-to-energy market is accounted for the highest U.S. & Canada waste-to-energy market share in the year 2018 and is projected to maintain the same during the forecast period. This is owing to increase in demand for thermal gasification in energy generation from waste materials due to rise in demand for clean energy across the countries.
Furthermore, U.S. & Canada waste-to-energy market trends such as rapid urbanization and upsurge in the production of various renewable energy sources including biomass and other are expected to boost the growth of the market. The incineration segment was valued at $859.4 million in 2018 and is projected to reach $1,380.6 million by 2026, growing at a CAGR of 6.1% from 2019 to 2026. The incineration segment accounted for around half of the thermal technology segment in 2018, owing to the perennial modifications in the market and efficient techniques & process, which are in high demand across the globe. Thus, increase in requirement of high-tech waste-to-energy conversion methods fuels the in U.S. and Canada waste-to-energy market growth.
The U.S. and Canada waste-to-energy (WTE) market is experiencing significant growth, driven by several key factors:
- Increasing Waste Generation and Landfill Limitations
Rising municipal solid waste (MSW) production is pushing the need for efficient waste management. Limited landfill capacity and stricter landfill regulations are encouraging WTE adoption. - Government Policies and Incentives
Strong regulatory support through renewable energy credits, carbon pricing, and waste diversion mandates. U.S. EPA’s Waste Reduction Policies and Canada’s Zero Plastic Waste Strategy promote WTE solutions. - Focus on Renewable and Sustainable Energy
WTE facilities contribute to renewable energy goals by converting non-recyclable waste into electricity and heat. Canada’s commitment to Net Zero by 2050 and U.S. state-level clean energy initiatives are boosting WTE adoption. - Advancements in WTE Technologies
Growth in gasification, pyrolysis, and plasma arc technology is improving efficiency and reducing emissions. Carbon capture integration is making WTE plants more sustainable.
These factors collectively contribute to the robust expansion of the waste-to-energy market in the U.S. and Canada.
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The U.S. and Canada waste-to-energy (WtE) market presents several growth opportunities driven by technological advancements, supportive policies, and increasing demand for sustainable energy solutions. Key opportunities include:
- Technological Advancements: Innovations in thermal and biochemical technologies, such as incineration, pyrolysis, and gasification, are enhancing the efficiency and environmental performance of WtE facilities.
- Government Incentives: Policies promoting renewable energy integration, carbon emissions reduction, and sustainable waste management are spurring investments in WtE infrastructure.
- Private Sector Engagement: Companies like Divert are investing in anaerobic digestion facilities to convert organic waste into renewable energy, supported by partnerships with entities such as Enbridge and bp.
- Carbon Credit Programs: Initiatives like the Canada Growth Fund’s carbon credit offtake agreements are providing financial incentives for WtE projects that capture and sequester carbon emissions.
John Wood Group PLC, Babcock & Wilcox Enterprises, Inc., Covanta Holding Corporation, Waste Management, Inc., Mitsubishi Heavy Industries, Plasco Energy Group, Inc., Xcel Energy, Inc., Wheelabrator Technologies Inc., BlueFire Renewables, and Ener-Core, Inc. are the key player profiles included in the U.S. & Canada waste-to-energy market report.
Other players operating in the value chain include Global Clean Energy, Inc., Natural Energy Systems, Inc., Greenlight Energy Solutions, International Composting Corporation, and WaterSmart Environmental, Inc.
