The global waste-to-energy market is predicted to grow markedly over the next five years, according to new research.
Global Industry Analysts (GIA) has revealed that the sector will be worth an estimated $28.8 billion (£19.2billion) by 2015.
The predicted rise will be driven by an increase in waste production, higher energy costs and legislation to reduce the capacity of landfills.
Furthermore, growing concerns about global warming and the need for renewable energy sources to provide long-term energy solutions will lead to more countries adopting the technology.
The news will be welcomed by industry officials as increased production will lead to a demand for machinery.
Countries in the Asia-Pacific region are increasingly deploying waste-to-energy solutions.
The area is the fastest growing regional market as countries seek sustainable alternatives to landfills.
Typical Guttridge equipment used in the waste-to-energy industry includes; conveyors – screw conveyors – chain conveyors – belt conveyors
James Smith
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