Reportstack has announced a new market research publication on Global Incinerator Market 2014-2018. The following companies are the key players in the Global Incinerator Market: Babcock & Wilcox Company, Covanta Energy Corp., Constructions industrielles de la Méditerranée S.A. (CNIM), and Suez Environnement Co. S.A. “In order to gain a competitive edge over their market rivals, incinerator vendors across the globe are upgrading the existing technologies. Incinerator manufacturers are introducing innovative technologies that produce cleaner emissions and do not harm the environment. For instance, Incinerator Technology Inc. has developed a new incineration system that increases the combustion efficiency while eliminating the flame, smoke, and odor generated from the waste materials in the furnace. Babcock & Wilcox has integrated fabric filter technologies with the incinerator to control the emission of harmful gases from the combustion of waste. The implementation of new technology is expected to increase the growth of the Global Incinerator market during the forecast period.”
According to the report, one of the major drivers in the market is the increasing waste generation across the globe. There has been a dramatic increase in the volume of municipal, industrial, and hazardous waste generated by industry and municipal bodies. Incinerators are perceived as the most effective way of disposing of waste since they reduce the waste by 70 percent in terms of mass and 90 percent in terms of volume. Moreover, they eliminate the high cost of transporting the waste to be dumped in landfills or other areas.
Further, the report states that one of the major challenges is the increasing number of waste recycling techniques. Recycling techniques such as physical reprocessing, biological reprocessing, and advanced thermal treatment are seen as cleaner alternatives to incinerators because they do not produce a lot of heat.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.reportstack.com/product/148244/global-incinerator-market-2014-2018.html.