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Incinerator Market Share

Report ID: GMI7714
Published Date: Dec 2023
Report Format: PDF

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Incinerator Market Share

The industrial incinerator business was experiencing some degree of consolidation, with larger companies acquiring smaller ones or forming strategic partnerships to expand their product portfolios and geographical presence.

Incinerator Market Companies

The key industry players include:

Vikas Engineering
EEW Energy from Waste GmbH
Maximus Envirotech Pvt. Ltd.
Babcock & Wilcox Enterprises, Inc.
Alfatherm Ltd.
Ketek Group
Waste Spectrum Ltd.
ECO Concepts
Incinco
Haat Incinerator India Pvt. Ltd.
Keller Manufacturing, Inc.
Atlas Incinerators ApS
Inciner8 Limited
Dutch Incinerators
COVANTA
SUEZ Group
MARTIN
Wheelabrator Technologies Inc.
Gershman, Brickner & Bratton, Inc.
CHUWA INDUSTRIAL CO., LTD.
Keppel Seghers
MITSUBISHI HEAVY INDUSTRIES, LTD.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of incinerator was worth USD 17.7 billion in 2023 and is estimated to surpass USD 21.9 billion by 2032, due to the growing government support worldwide for implementing and enforcing stricter environmental regulations.

The grate incinerator product segment held over 30% share of the incinerator industry in 2023 owing to increasing applicability for waste disposal and energy recovery through the generation of electricity or heat.

Incinerator market size from the industrial end use segment is set to grow at 2.3% growth rate from 2024 to 2032, due to advantages, such as optimized performance and more safety for meeting regulatory requirements.

Asia Pacific incinerator industry size was USD 6.7 billion in 2023 due to the rapid urbanization and industrialization, leading to a significant increase in waste generation.