Japan Waste to Energy Market Bridging the Future: 2031 Market Share and Growth | 200 pages Report

According to the latest market research report “Japan Waste to Energy Market Analysis and Forecast from 2023 to 2031” by Report Ocean, the industry is currently witnessing significant growth and holds tremendous potential for investors and stakeholders. The comprehensive analysis in the report covers a wide range of factors that influence the market’s growth trajectory.

The report provides detailed segmentation of the “ Japan Waste to Energy Market “ based on Regions, Country, Company, and other Segments. Key Players in the industry are currently dominating the global market and have adopted various strategies to bolster their market share and strengthen their position in the market. For stakeholders and other participants, this report presents a valuable resource that can help them gain a competitive advantage and meet their business needs effectively.

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Japan dominated over 60% of the Asia-Pacific industry for Waste-to-Energy (WtE) incineration in 2019, and the country s waste-to-energy market is expected to register a CAGR of more than 12% during the forecast period, 2020-2025.

Factors, such as economic development, industrialization, and increasing population levels in Japan, problems related to the expanded consumption and depletion of resources, and the increased generation of waste and increasing focus on non-fossil fuel sources of energy have been driving the adoption of the waste-to-energy market in the country. However, the market studied has been restrained by the increasing emission of harmful gases and the expensive nature of incinerators, particularly as energy prices decline, and several plants have been unable to cover operating costs.

Key Highlights
Thermal technology is expected to dominate the waste-to-energy market, owing to the increasing development in the incineration and gasification technologies, as well as the increasing amount of waste generated.

The emerging waste-to-energy technologies, such as stoker furnace technologies, which have been more efficient in terms of electricity generation, with additional benefits of no emission discharge and effluence problems at plant sites, are expected to create significant opportunities for the market players, over the coming years.

Key Market Trends

Thermal Based Waste to Energy Conversion to Dominate the Market
The number of waste incineration plants has been witnessing significant growth over the years, due to the substantial increase in waste generation and as landfills exceeded capacity.

Japan recycles 84% of its plastic waste, and an estimated 60% of this plastic waste goes through thermal recycling, i.e., incineration. As of 2019, Japan has more than 1000 incinerators, around 380 of which are waste-to-energy plants.

In Tokyo, there were 21 high-tech incineration facilities within its 23 wards, as of May 2018. These facilities have undergone a major modernization program to improve their environmental performance, with emissions in line to protect human health and the environment.

As of 2018, the electricity generated from industrial waste (17248 GWh) was comparatively higher than that of electricity generated from municipal waste (1719 GWh). Thus, making industrial waste much more useful to produce energy out of it.

The Reduction of Harmful Emissions to Support the Market
The incineration plants for solid waste generate harmful emissions, like dioxins, carbon dioxide, sulfur oxide, and nitrogen oxide. Technologies related to high-efficiency power generation and safe operation, such as automatic incineration devices and automatic cranes, have been developed and used.
The stocker furnace technology is low-air incineration that aims for high-efficiency power generation, reduced harmful emissions, removal of acidic gas, and recycling of incinerated ash. The technologies applied to reduce the generation of dioxin are exhaust cooling, bag filters, and activated coal that absorbs and eliminates dioxin.

The conventional stoker furnace s highly efficient technology enables electrical generation from recovered heat waste and makes it an effective measure against greenhouse emissions.
According to the BP statistics, the overall carbon dioxide emissions in Japan had reduced to reach 1148.4 million metric ton of carbon dioxide in 2018.

Competitive Landscape
The Japanese waste-to-energy market is moderately fragmented. Some of the key players are Hitachi Zosen Corp, Mitsubishi Heavy Industries Ltd, JFE Engineering Corporation, TAKUMA Co. Ltd, and Kawasaki Heavy Industries Ltd, among others.

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Table of Content:

• Report Overview
• Global Growth Trends
• Competition Landscape by Key Players
• Data Segments
• North America Market Analysis
• Europe Market Analysis
• Asia-Pacific Market Analysis
• Latin America Market Analysis
• Middle East & Africa Market Analysis
• Key Players Profiles Market Analysis
• Analysts Viewpoints/Conclusions
• Appendix

Key Reasons to Purchase this Report:

Strategic Direction: This research report provides insightful analysis and strategic advice for senior executives, decision-makers, professionals, sales managers, and other market stakeholders working in this space. It aids in decision-making and offers strategic recommendations for product advancements.

Comprehensive Analysis: Both economic and non-economic aspects are taken into account in the report’s thorough qualitative and quantitative analysis of the market. For a complete knowledge of market dynamics, it contains a segment breakdown with market evaluations expressed in terms of value (USD Billion) for each segment.

Growth Opportunities: The research highlights the geographies and market categories predicted to expand at the highest rates, potentially positioning them to dominate their respective markets. It offers a thorough examination of consumption trends in various geographic areas and highlights the variables affecting regional market trends.

Competitive Landscape: The competitive landscape section lists the top market rivals and discusses current business expansions, collaborations, product launches, and acquisitions. This data makes it easier to evaluate significant players’ market positions.

Detailed Company Profiles: These include their company description, insights, product benchmarking, and SWOT analysis, providing a thorough picture of the major market participants. Stakeholders are able to assess the advantages and disadvantages of the leading market players due to these profiles.

Future Market Outlook: The study presents recent trends, growth prospects, drivers, challenges, and restraints in both emerging and developed regions. It also includes current and future market outlooks. It gives stakeholders knowledge of potential industry trends and aids in their prediction of upcoming market dynamics.

Industry Analysis: Using Porter’s Five Forces Analysis, the research provides a comprehensive analysis of the industry, looking at factors such as the bargaining power of customers and suppliers, rivalry among businesses, the threat of alternative products, and the threat of new entrants. This research helps to comprehend how fiercely the market is competitive.

Value Chain Insights: Through a thorough examination of the value chain, the research offers insightful information about the market. This aids stakeholders in comprehending the main processes and actors involved in the creation and supply of the good or service.

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