IBISWorld forecasts that this industry will grow at an average annual rate of 3.5% over the five year period to 2012-13.
Over this period, price competition will hurt revenue growth but there will continue to be an increased demand for recycling and recovery of waste, prices for recycled commodities, increasing revenue from the adoption of waste-to-electricity/gas technologies, and increasing economies of scale and scope available to the industry.
There is an increase in the capture of energy from waste treatment and processing, which is occurring in large landfill sites and at recovery and AWT plants.
It is likely that this trend to produce energy from waste will continue, and will provide an increased revenue stream to offset the cost of recycling.
Energy is currently predominately converted to electricity, but there is also scope for the production of biofuels. The capture of methane gas for conversion to energy will be further encouraged by any introduction of a carbon tax over the outlook period
Electricmotor