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Home › Industry Metrics › NAICS 562213

NAICS 562213 - Solid Waste Combustors and Incinerators

NAICS 562213 - SOLID WASTE COMBUSTORS AND INCINERATORS
NAICS 562211 Hazardous Waste Treatment and Disposal NAICS 562212 Solid Waste Landfill NAICS 562213 Solid Waste Combustors and Incinerators NAICS 562219 Other Nonhazardous Waste Treatment and Disposal
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This U.S. industry comprises establishments primarily engaged in operating combustors and incinerators for the disposal of nonhazardous solid waste. These establishments may produce byproducts, such as electricity and steam.

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This U.S. industry comprises establishments primarily engaged in operating combustors and incinerators for the disposal of nonhazardous solid waste.

These establishments may produce byproducts, such as electricity and steam.

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NAICS 56 Administrative and Support and Waste Management and Remediation Services
NAICS 562 Waste Management and Remediation Services
NAICS 5622 Waste Treatment and Disposal
NAICS 56221 Waste Treatment and Disposal
NAICS 562213 Solid Waste Combustors and Incinerators
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Industry trends

The solid waste combustors and incinerators industry (NAICS 562213) has been experiencing several qualitative trends driven by environmental regulations, technological advancements, and shifts in public perception toward waste management. One significant trend is the increasing emphasis on circular economy principles, where waste is viewed as a resource that can be recovered, reused, and recycled. This shift has led to investments in more efficient and eco-friendly incineration technologies that minimize emissions and maximize energy recovery.

Another trend is the rising public awareness and concern over environmental impacts, leading to stricter regulations and standards for waste incineration processes. Governments are implementing policies that encourage the reduction of greenhouse gas emissions and the promotion of sustainable waste management practices. This regulatory pressure is pushing companies to adopt cleaner and more advanced technologies, such as waste-to-energy (WtE) systems, which can convert waste into usable energy while adhering to environmental standards.

Looking ahead, industry forecasts suggest a growth in the adoption of advanced thermal treatment technologies, including plasma gasification and pyrolysis. These technologies offer higher efficiency and lower environmental impact compared to traditional incineration methods. Moreover, there is a growing trend towards integrating digital solutions, such as IoT and AI, to optimize operations, monitor emissions in real-time, and enhance overall system efficiency.

In summary, the solid waste combustors and incinerators industry is moving towards more sustainable and technologically advanced solutions, driven by regulatory requirements and increasing environmental consciousness. The near future will likely see continued innovation and adoption of cleaner technologies, promising a more sustainable approach to waste management.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) 6%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 90%

Loan Failure Rate 3%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 3%

Total Companies in this Industry 9
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