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Malaysian Reserve
4 days ago
- Business
- Malaysian Reserve
Top 10 Global Waste-to-energy Equipment Brands of 2025 Revealed
SHANGHAI, Aug. 15, 2025 /PRNewswire/ — With global environmental awareness increasingly on the rise, waste-to-energy as an efficient waste disposal solution, is gaining more and more attention across the world. As the core equipment for waste incineration treatment, the market performance and competitiveness of waste incinerator brands have drawn widespread attention. Based on annual reports and related public information from major companies, the Environmental Sanitation Net of China has compiled a ranking of the top ten waste-to-energy incinerator brands in terms of global market share. Note: 1. Data is as of December 31, 2024, sourced from company annual reports and public information (incomplete statistics). 2. Data is calculated based on a single legal entity. 3. Seghers is not included in this ranking due to the absence of its specific data. As the table data indicates, the global waste incinerator market is, on one hand, represented by traditional giants such as Hitachi Zosen (predecessor of Kanadevia) and MARTIN GmbH, which hold a certain market share with their century-old technological expertise and global project experience. On the other hand, Chinese companies such as SUS ENVIRONMENT, Sanfeng Environment, and Everbright Environment have rapidly emerged as 'rising stars' with their localized innovation and large-scale production advantages. MARTIN GmbH vs. Hitachi Zosen Two Traditional Giants Meet As Equals Before the rise of the waste incineration industry in China, grate technology developed by MARTIN GmbH was among most widely used and most effective waste-to-energy equipment technologies worldwide, particularly in countries with high waste generation. MARTIN GmbH's SITY2000 reciprocating reverse-pushing inclined grate furnace technology features high combustion efficiency, advanced flue gas emission control, broad adaptability to varying waste calorific values, and a high degree of automation. In terms of application, Martin grate furnaces have been covered in many countries and regions around the world, with a processing capacity of 262,612 tonnes per day. Japanese brands, represented by Hitachi Zosen, have been rivaling with MARTIN GmbH's grate technology. Known for its highly efficient and stable combustion technology and strict environmental standards, Hitachi Zosen's core technology originates from the Swiss VonRoll reciprocating mechanical grate design. Globally, Hitachi Zosen's grate furnaces have accumulated more than 500 incineration lines, covering China, Japan, Europe and beyond — with a particularly dominant presence in the European market in recent years. Kanadevia in the table refers to the former Hitachi Zosen Corporation, while Kanadevia Inova is Kanadevia's European subsidiary, and Steinmüller was acquired and merged by Kanadevia Inova in 2022. Innovation Leading the World SUS ENVIRONMENT, Sanfeng, and Everbright Hit the Market with 'Made in China' In recent years, the high speed development of China's waste incineration industry and the increasing number of Chinese companies expanding overseas have changed the competitive landscape of the waste incinerator market. It is indicated that by 2025, China's waste-to-energy installed capacity accounts for more than 60% of the global total, with domestic enterprises achieving parity — and in many areas surpassing — international competitors in terms of technology research and development, scenario adaptation, cost control, and environmental protection, etc. Among them, SUS ENVIRONMENT, at the beginning of its establishment, signed a technology transfer agreement with Hitachi Zosen Corporation. Based on the characteristics of China's waste, it absorbed and re-innovated the 'VonRoll Hitachi Zosen mechanical grate furnace' technology, and finally formed a full series of technologies and equipment capable of handling waste with calorific values ranging from low to high, and covering everything from small-scale incinerators to ultra-large-scale incinerators. After achieving domestic production, SUS ENVIRONMENT developed large-tonnage grate systems and high calorific value treatment technologies with independent intellectual property rights, greatly improving the scale and efficiency of the equipment. It took the lead in launching a single-line 750- tonne per day SUS ENVIRONMENT grate furnace, which became the largest single incinerator in China at the time. Since then, it has continuously broken records. By the end of 2021, it completed the research, development, production and operation of the China's first 1,000-tonne per day single-unit incinerator. Meanwhile, SUS Environment has been driving the development and iteration and of ultra-high-pressure waste heat boilers, external reheating technologies, and pollutant control technologies. It has also applied artificial intelligence technology to the waste incineration industry, establishing a mature technological system in areas such as intelligent combustion optimization, high-efficiency waste-to-energy conversion, carbon-pollution synergistic control, and AI digital twins, positioning itself at the forefront of global waste-to-energy and thermal utilization system solutions. Currently, SUS Environment's equipment and technologies have been applied in over 300 incineration plants, with a daily treating capacity exceeding 300,000 tonnes, making it the global market share leader in waste incineration equipment and technology supply. With investment operations across Southeast Asia, Central Asia, the Middle East, and Europe, along with 11 global representative offices, the company possesses localized long-term service advantages. Another Chinese company, Sanfeng Environment, has undergone roughly three stages in technological innovation for waste incineration: In 2000, it introduced the complete SITY2000 waste-to-energy and flue gas treatment technology from MARTIN GmbH, achieving localization through learning, absorption, and domestic adaptation, leading to projects like Tongxing and Fumiaoling. From 2007 to 2015, based on the imported technology, it conducted re-innovation research and development to adapt to the evolving demands of China's waste incineration market and the changing characteristics of domestic waste, ultimately achieving stable combustion. Since 2016, through pioneering innovations in large-scale grate furnaces, efficient waste heat utilization, pollutant control, and ultra-low emissions, Sanfeng Environment has developed its clean and efficient waste incineration technology. Furthermore, Sanfeng Environment has successfully implemented an AI-powered intelligent incineration system for municipal solid waste by incorporating advanced artificial intelligence technologies such as big data analytics and machine learning. Currently, Sanfeng Environment's core technologies and equipment have been applied in over 260 waste-to-energy projects across China as well as multiple countries including the United States, India, Ethiopia, Thailand, and Vietnam. With a daily treatment capacity of more than 230,000 tonnes of domestic waste, its incinerator equipment continues to lead the domestic market share of incinerator equipment. Everbright Environment, another domestic leading waste incineration company, also laid its foundation by studying advanced foreign technologies in its early stages. It successively established technology research and development centers and technology development companies in Shenzhen and Beijing, initiating market-oriented independent research and development to fully achieve 'Made in China' status for waste-to-energy technology and equipment. In October 2010, Everbright's first independently manufactured 400-tonne per day multi-stage hydraulic mechanical municipal solid waste incinerator was successfully commissioned at the Jiangyin project. In 2011, Everbright Environmental Technology Equipment (Changzhou) Ltd. was established to accelerate technology commercialization. By 2014, Everbright's self-developed series of multi-stage hydraulic mechanical grate furnaces (including 300, 350, 400, 500 and 750 tonnes per day models) obtained EU CE certification, marking all Everbright incinerators meeting EU safety standards and qualifying for export to European markets. As of June 2024, Everbright Environment has cumulatively produced and sold 567 sets of municipal solid waste incinerators, with its service coverage extending to 26 provinces and municipalities across China, over 220 regions, as well as overseas markets including Ethiopia, Vietnam, India, Thailand, and Bulgaria. Overall, the global waste-to-energy equipment market currently exhibits a diversified landscape. European and Japanese brands maintain stable market positions through their heritage and widespread recognition, while Chinese brands are gaining increasing visibility and acceptance in international markets due to technological innovation and cost advantages, playing an increasingly influential role in the global market.
Nikkei Asia
22-07-2025
- Business
- Nikkei Asia
Japan's Kanadevia teams with Taiwan firm to build spherical CO2 tanks
Spherical tanks built by Taiwanese company Liang Lian Industries. (Photo courtesy of Liang Lian Industries) NANAKO TAKEUCHI TOKYO -- Japanese engineering company Kanadevia is partnering with a Taiwanese business to build spherical tanks for temporary storage of liquefied carbon dioxide to be used in CO2 capture projects. Kanadevia, formerly Hitachi Zosen, has signed a cooperative agreement with Liang Lian Industries.
Yahoo
24-06-2025
- Business
- Yahoo
Waste to Energy Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025-2034: Industry Leaders like Hitachi Zosen and Veolia Drive Innovations in Waste-to-Energy Technologies
The Global Waste To Energy Market is projected to grow at a 6.6% CAGR, reaching USD 78.6 billion by 2034. This growth is propelled by increasing urbanization, rising municipal solid waste generation, and limited landfill capacities, spurring the adoption of WtE technologies. Regions like Asia and Europe are leading this trend due to regulatory pushes for reduced landfill usage and enhanced energy recovery tech. The thermal WtE segment, anticipated to generate USD 65 billion by 2034, benefits from advanced incineration with combined heat and power technologies. Companies like Hitachi Zosen, Veolia, and Mitsubishi Heavy Industries are at the forefront, focusing on innovation and partnerships to improve energy efficiency. Waste to Energy Market Dublin, June 24, 2025 (GLOBE NEWSWIRE) -- The "Waste to Energy Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025-2034" report has been added to Global Waste To Energy Market was valued at USD 42.4 billion in 2024 and is estimated to grow at a CAGR of 6.6% to reach USD 78.6 billion by 2034, driven by rapid urbanization and the increasing generation of municipal solid waste, both of which are pushing the need for more efficient waste management solutions. As landfill capacities reach their limits, adopting waste-to-energy (WtE) technologies is becoming more widespread. Additionally, decentralized waste treatment systems are gaining traction, especially in urban areas, where waste volumes continue to rise. Governments and businesses alike are investing in technologies that promote a circular economy and renewable energy sources, further strengthening the market landscape. Regulatory measures that reduce landfill usage are accelerating the adoption of WtE solutions, particularly in regions like Asia and Europe. Countries are setting national targets to reduce waste sent to landfills, which is creating opportunities for energy recovery technologies. Industrial activities, especially in manufacturing, contribute to the rise in waste generation, further fueling the demand for WtE systems. Meanwhile, global trade policies and tariffs, particularly those introduced in the US, may impact the market's growth. Despite these challenges, technological advancements and tighter environmental regulations on emissions are expected to propel the waste-to-energy sector thermal waste-to-energy segment is anticipated to generate USD 65 billion by 2034 due to the increasing use of advanced incineration plants with combined heat and power technologies, which improve energy recovery and overall system efficiency. Thermal plants allow for the generation of both electricity and heat, making them more sustainable and energy-efficient. These facilities are designed to optimize operations, reduce downtime, and enhance performance monitoring. The demand for waste-to-electricity solutions is high in urban areas where waste volumes are large, and the need for reliable energy sources continues to power generation application segment of the waste-to-energy market accounted for a substantial portion, contributing a 53.3% share in 2024. The need for efficient waste-fed cogeneration units, which provide electricity and heat, and the growing demand for grid-balancing facilities are key drivers of this segment's growth. As urbanization continues to accelerate and solid waste generation rises, there is an increasing reliance on waste-to-energy systems to address energy needs and waste management issues. The power generation segment benefits from the growing emphasis on renewable energy and circular economy practices, which further incentivize investments in waste-to-energy Waste to Energy Market will grow at a CAGR of 8% by 2034 due to the region's commitment to ambitious net-zero emission targets and a robust regulatory framework aimed at reducing landfill usage and encouraging sustainable energy solutions. Rising landfill taxes act as a catalyst, pushing municipalities to find more eco-friendly waste management alternatives. This is promoting the adoption of waste-to-energy plants that not only reduce waste volumes but also produce renewable energy, thus contributing to the region's environmental and energy companies in the Global Waste to Energy Market, such as Hitachi Zosen, Veolia, and Mitsubishi Heavy Industries, are focusing on innovation, improving energy efficiency, and integrating new technologies to maintain their market leadership. These companies are forming strategic partnerships and investing in research and development to improve waste-to-energy systems. Babcock & Wilcox and SUEZ, for instance, are concentrating on advancing their incineration technologies, while Enerkem is exploring ways to enhance the efficiency of waste conversion into clean energy. These efforts are crucial for expanding market share and strengthening their competitive Market Analysis and Forecast Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape Competitive landscape with Porter's Five Forces and PESTEL analysis Market size, segmentation, and regional forecasts In-depth company profiles, business strategies, financial insights, and SWOT analysis Companies Featured The companies featured in this Waste to Energy market report include: Babcock & Wilcox Enerkem Everbright Environment Hitachi Zosen JFE Engineering Marubeni Mitsubishi Heavy Industries Reworld SUEZ Stellar3 Veolia WM Intellectual Property Holdings Key Attributes: Report Attribute Details No. of Pages 123 Forecast Period 2024 - 2034 Estimated Market Value (USD) in 2024 $42.4 Billion Forecasted Market Value (USD) by 2034 $78.6 Billion Compound Annual Growth Rate 6.6% Regions Covered Global Key Topics Covered: Chapter 1 Methodology & Scope Chapter 2 Executive Summary2.1 Industry synopsis, 2021-2034Chapter 3 Industry Insights3.1 Industry ecosystem3.2 Trump administration tariff analysis3.2.1 Impact on trade3.2.1.1 Trade volume disruptions3.2.1.2 Retaliatory measures3.2.2 Impact on the industry3.2.2.1 Supply-side impact (raw materials)3.2.2.1.1 Price volatility in key materials3.2.2.1.2 Supply chain restructuring3.2.2.1.3 Production cost implications3.2.2.2 Demand-side impact (selling price)3.2.2.2.1 Price transmission to end markets3.2.2.2.2 Market share dynamics3.2.2.2.3 Consumer response patterns3.2.3 Key companies impacted3.2.4 Strategic industry responses3.2.5 Outlook and future considerations3.3 Regulatory landscape3.4 Industry impact forces3.5 Growth potential analysis3.6 Porter's analysis3.7 PESTEL analysisChapter 4 Competitive landscape, 20244.1 Introduction4.2 Strategic dashboard4.3 Strategic initiative4.4 Company market share4.5 Competitive benchmarking4.6 Innovation & sustainability landscapeChapter 5 Market Size and Forecast, by Process, 2021-2034 (USD Billion)5.1 Key trends5.2 Thermal5.2.1 CHP incineration5.2.2 Co-combustion5.2.3 Thermal gasification5.2.4 Residual derived fuel plant5.3 BiochemicalChapter 6 Market Size and Forecast, by Application, 2021-2034 (USD Billion)6.1 Key trends6.2 Power generation6.3 Heating6.4 OthersChapter 7 Market Size and Forecast, by Region, 2021-2034 (USD Billion)7.1 Key trends7.2 North America7.2.1 U.S.7.2.2 Canada7.3 Europe7.3.1 Sweden7.3.2 Denmark7.3.3 Norway7.3.4 Italy7.3.5 Netherlands7.4 Asia-Pacific7.4.1 China7.4.2 India7.4.3 Japan7.4.4 South Korea7.4.5 Indonesia7.4.6 ThailandChapter 8 Company Profiles8.1 Babcock & Wilcox8.2 Enerkem8.3 Everbright Environment8.4 Hitachi Zosen8.5 JFE Engineering8.6 Marubeni8.7 Mitsubishi Heavy Industries8.8 Reworld8.9 SUEZ8.10 Stellar38.11 Veolia8.12 WM Intellectual Property HoldingsFor more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Waste to Energy Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
