Land Incineration Plants Market
REPORT DESCRIPTION
Land Incineration Plants Market - Global Industry Analysis , Size , Share , Growth Trends , and Forecast 2015 - 2023
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 .
Browse Press Release of this Research Report : http :// www . transparencymarketresearch . com / global-land-incineration-plants-market . html
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 . 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
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