Asia-Pacific Waste and Biomass Valorization Market is Anticipated to Witness High Growth Owing to Stringent Environmental Regulations on Waste Management
The Asia Pacific waste and biomass valorization market consists of converting waste and residual biomass into reusable products through various processes such as biological, thermal, and chemical treatment. Some key applications of waste and biomass valorization include production of biofuels, fertilizers, materials, and energy. The growing volumes of municipal solid waste and agricultural residues in countries like China, India, Japan, and South Korea have boosted the need for adequate and sustainable waste management. Stringent environmental regulations regarding proper waste disposal and recycling are being implemented in the region to reduce pollution and improve resource utilization. The Global Asia Pacific waste and biomass valorization market is estimated to be valued at US$ 36.84 Bn in 2024 and is expected to exhibit a CAGR of 7.8% over the forecast period of 2023 to 2030. Key Takeaways Key players operating in the Asia Pacific waste and biomass valorization are Hitachi Z