WTE market to grow at 11.2% rate through 2021

   The global market for waste-to-energy (WTE) technology will grow at a compound annual rate of 11.2% from 2011 through 2021, from $8.5 billion to $27.2 billion over that period, according to a recent report by SBI (New York, NY). In its latest SBI Bulletin, SBI said that 95% of the global WTE market was accounted for by two technologies—incineration and anaerobic digestion—during the period from 2006 through 2010. “However, pyrolysis, plasma gasification, and gasification are expected to gain relative market share, and together will comprise over 30% of the total WTE market by 2015,” said SBI Bulletin analyst Robert Eckard.