September 8, 2009

Analyzing green waste

These are definitely information not to be wasted (lol!) if you are into renewable energy and bio-based chemicals.

Market research company BCC Research estimated the global market for thermal and biological waste-to-energy (WTE) technologies at $19.9 billion last year. It is expected to increase to $26.2 billion in 2014, for a compound annual growth rate (CAGR) of 6%.

Europe is said to be the largest with 48% share followed by the Asia-Pacific region accounting for 31% of the global market. North America and the rest of the world account for 11.0% and 10% of the global market, respectively.

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