India Waste to Energy Market: Current Analysis and Forecast (2024-2032)
Emphasis on By Technology (Thermal (Incineration, Pyrolysis, Gasification), Bio-Chemical, Other Technologies); By Disposal Method (Landfill, Waste Processing, Recycling), and Regions (North India, East India, West India and South India)
India Waste to Energy Market Size & Forecast
The India Waste to Energy market was valued at USD 1050 million in 2023 and is expected to grow at a strong CAGR of around 3.12% during the forecast period (2024-2032) owing to waste creation in urban centers as well as growing electricity demand.
India Waste to Energy Market Analysis
The Waste to Energy (WTE) market in India has encountered substantial development in recent years, primarily due to factors such as an increase in waste generation, a rise in energy needs, and the government’s robust inclination toward waste management systems that are environmentally friendly. Along with Urbanization and industrialization, the volume of municipal solid waste (MSW) produced has increased creating a potential for the waste-to-energy (WTE) industry to convert waste into energy resources. Growing India’s Investment is also one that aims at tackling the country’s issues of carbon emissions and dependence on conventional forms of energy. Technologies that seek to recuperate electricity heat or biogas from waste, including incineration, anaerobic digestion, and gasification, among others, also form part of the WTE market for energy production.
The India Waste to Energy market was valued at USD 1050 million in 2023 and is expected to grow at a strong CAGR of around 3.12% during the forecast period (2024-2032). The Waste to Energy (WTE) industry and its expansion have multiple repercussions on waste handling, energy generation, and environmental concerns in India. The first aspect is that the WTE market supplies an effective answer to the country’s problem of waste management, which is reaching almost oppressive proportions. It transforms the waste into energy thus saving landfills and incinerators which are dangerous and can easily poison the surrounding air and groundwater.
Thirdly, WTE strategies are also helping to support countries like India to build up an energy portfolio mix. The great majority of electric power generation in the country comes from burning coal, which creates a lot of waste products that pollute the environment. Using waste as a resource in WTE plants helps in cleaner production of energy, unlike situations where coal plants have to be employed leading to increased emissions. In addition, WTE technologies present a possibility of building distributed energy in cities, which improves the network and lessens energy losses due to distance.
In short, the Waste to Energy sector in India appears to be on track for a favorable outlook in the foreseeable future with ample room for growth in relation to increasing waste generation and energy demand, as well as an ever-present governmental paradigm shift toward sustainability. Given the technological and policy impediments, as well as financing challenges, India should be able to fully harness WTE feasibility’s potential as a solution to waste management and energy generation problems in the country’s cleaner and greener aspiration.
India Waste to Energy Market Trends
This section discusses the key market trends that are influencing the various segments of the India Waste to Energy Market as identified by our team of research experts.
Technological Advancement in Waste to Energy Solutions
It is undeniable how advancements in technology are increasing the effectiveness and viability of Waste-to-Energy (WTE) solutions. Newer techniques such as the plasma gasification process allow the use of various types of waste, including infectious waste while producing very low gas emissions. Anaerobic digestion involves the breakdown of organic waste and the production of biogas through the use of microorganisms without the input of oxygen. Updated pyrolysis equipment fitted with modern air pollution control devices helps in meeting the set emission requirements. The applications of modern smart waste management techniques such as IoT-based monitoring and AI waste sorting systems enhance the collection and segregation processes as well as energy recovery. Besides, improvements in combined heat and power (CHP) systems have elevated the amount of energy retrieved from waste processing. such technologies do their part in making WTE plants more effective and greener in line with their end objectives of sustainability. Such developments are highly important as they will enable WTE to play an effective role among the renewable sources of energy and in turn, increase the effectiveness of waste management systems in the country.
North India is Expected to Hold Major Market Share During Forecast Period
Waste to Energy (WTE) Market in North India is gaining immense traction owing to factors such as urbanization, waste increase, and sustainable energy emphasis. Major cities in the region include Delhi, Chandigarh, and Lucknow which produce enormous municipal solid waste (MSW) thus the need for efficient waste management and energy generation arises. With rapid urban development in the region and high levels of industrialization, more waste is produced, and this represents an opportunity for WTE technologies such as incineration, gasification, and anaerobic digestion to be integrated into waste management and energy generation.
Several mega WTE plants are found in North India with a concentration in the National Capital Region (NCR), a part of the country that has a high waste generation. As an example, Delhi has already embraced the WTE projects in waste management and power generation. These projects are enhanced by the government using different policies, strategies, and support mechanisms aimed at promoting sustainable waste management more so in urban areas. Accounting for all the factors the North India region is anticipated to exhibit a rapid growth in the India Waste to Energy Market during 2024-2032.
India Waste to Energy Industry Overview
The India Waste to Energy market is competitive and fragmented, with the presence of several Indian market players. The key players are adopting different growth strategies to enhance their market presence, such as partnerships, agreements, collaborations, new product launches, geographical expansions, and mergers and acquisitions. Some of the major players operating in the market are A2Z Group, Ecogreen Energy Pvt. Ltd., JITF Urban Infrastructure Limited, Abellon Clean Energy Ltd, Suez Group, Hitachi Zosen India Pvt. Ltd., Rollz India Waste Management, GJ Eco Power Pvt. Ltd., Hydroair Techtonics (PCD) Ltd, and Mailhem Environment Pvt. Ltd.
India Waste to Energy Market News
BY July 2025 the construction of a waste to energy plant in Jaipur, Rajasthan will be completed for a capacity of 12 megawatts with the disposal of 1,000 tons per day. For the project, a power purchase agreement has been signed between M/s JITF and Jaipur Vidyut Vitran Nigam Ltd with a tariff of Rs 7.31/kWh.
India Waste to Energy Market Report Coverage
Reasons to buy this report:
The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
The report presents a quick review of overall industry performance at one glance.
The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
The study comprehensively covers the market across different segments.
Deep dive regional level analysis of the industry.
Customization Options:
The India Waste to Energy market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs; hence, feel free to connect with us to get a report that completely suits your requirements.
Table of Contents
Research Methodology for the India Waste to Energy Market Analysis (2024-2032)
Analyzing the historical market, estimating the current market, and forecasting the future market of the India Waste to Energy market were the three major steps undertaken to create and analyze the adoption of India Waste to Energy in major regions in India. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted with industry experts across the value chain of the India Waste to Energy market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
A detailed secondary study was conducted to obtain the historical market size of the India Waste to Energy market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the India Waste to Energy market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as By Technology and By Disposal Method. Further regional/country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the India Waste to Energy market. Further, we conducted factor analysis using dependent and independent variables such as By Technology and By Disposal Method in the India Waste to Energy market. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the India Waste to Energy market sector across the country.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the India Waste to Energy market, and market shares of the segments. All the required percentage shares split and market breakdowns were determined using the above-mentioned secondary approach and verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors, including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques, i.e., the top-down/bottom-up approach, were applied to arrive at the market forecast for 2032 for different segments and sub-segments across the major markets in India. The research methodology adopted to estimate the market size encompasses:
The industry’s market size, in terms of revenue (USD) and the adoption rate of the India Waste to Energy market across the major markets domestically
All percentage shares, splits, and breakdowns of market segments and sub-segments
Key players in the India Waste to Energy market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market.
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs), including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the India Waste to Energy market. Data was split into several segments and sub-segments after studying various parameters and trends By Technology and By Disposal Method in the India Waste to Energy market.
The main objective of the India Waste to Energy Market Study
The current & future market trends of the India Waste to Energy market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
Analyze the current and forecast market size of the India Waste to Energy market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments.
Segments in the study include areas By Technology and By Disposal Method.
Define and analyze the regulatory framework for India Waste to Energy industry.
Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
Analyze the current and forecast market size of the India Waste to Energy market for the major regions.
Major regions of India studied in the report include North India, East India, West India, and South India
Company profiles of the India Waste to Energy market and the growth strategies adopted by the market players to sustain in the fast-growing market.
Deep dive regional level analysis of the industry
Frequently Asked Questions FAQs
Q1: What is the current market size and growth potential of the India Waste to Energy market?
The India Waste to Energy market was valued at USD 1050 Million in 2023 and is expected to grow at a CAGR of 3.12% during the forecast period (2024-2032).
Q2: What is the driving factor for the growth of the India Waste to Energy market?
Growing Urbanization and government support are some of the key driving factors for growth.
Q3: Which segment has the largest share of the India Waste to Energy market by Technology?
The Thermal segment has the largest share of the India Waste to Energy market by technology.
Q4: Which region will dominate the India Waste to Energy market?
North India is expected to dominate the market during the forecast period.
Q5: Which region will dominate in the Free Fall Sensor market?
APAC is expected to dominate the market during the forecast period.
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February 11, 2025
