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Industrial Incinerator Market Trends

Report ID: GMI10151
Published Date: Jul 2024
Report Format: PDF

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Industrial Incinerator Market Trends

The adoption of a circular economy aimed at reducing waste and optimizing resource utilization is poised to drive the incinerator market. Rising public awareness of environmental issues has spurred demand for transparent and eco-friendly waste disposal solutions prompting advancements in cleaner and more efficient incineration technologies. Implementation of stringent environmental regulations and sustainability along with paradigm shift toward enhanced emission control systems and air quality impacts will stimulate the business potential.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of industrial incinerator was worth USD 14.2 billion in 2023 and will register a 2.3% CAGR between 2024 and 2032, due to the rise in industrial activities, growing awareness of sustainable waste disposal practices and the need to manage hazardous waste responsibly.

The rotary kiln industrial incinerator segment will exceed over USD 3 billion by 2032, driven by the efficiency of rotary kiln in handling a wide range of waste types, including hazardous and medical wastes, and its ability to operate at high temperatures ensures effective waste destruction and minimal emissions.

Asia Pacific industrial incinerator industry will reach around USD 5.5 billion by 2032, owing to the region's expanding manufacturing and healthcare sectors, rapid industrialization, urbanization, and stringent environmental regulations.

Key players operating in the industrial incinerator industry are Dutch Incinerators, ECO Concepts, EEW Energy from Waste GmbH, Gershman, Brickner & Bratton, Inc., Haat Incinerator India Pvt. Ltd., Incinco, Inciner8 Limited, Keller Manufacturing, Inc., Keppel Seghers, Atlas Incinerators ApS, and Babcock & Wilcox Enterprises, Inc. among others.