The Global Waste To Energy (WTE) Market is expected to reach USD 37.64 billion by 2020, according to a new study by Grand View Research, Inc. Strong shift in trend towards energy security around the world coupled with decreasing landfill area is expected to remain a key driving factor for the global WTE market. Government support in the form of tax benefits and government subsidies are also expected to have positive influence on the market growth over the next six years. Threat from other established renewable energy sources particularly solar, wind and hydro is expected to remain a key challenge for market participants. In addition, high upfront cost associated with establishment of WTE plants is also expected to hamper the market growth.
http://www.grandviewresearch.com/industry-analysis/waste-to-energy-technology-industry
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