Global Incinerator Market - Procurement Intelligence Report

Incinerator Market Analysis

This procurement intelligence report provides buyer and supplier insights to help identify incinerator market prices, key sourcing opportunities, spend dynamics, and procurement best practices.

The global incinerator industry is expected to witness category spend growth of over USD 4 billion between 2017-2022, with spend momentum accelerating at a CAGR of 6.51% during the forecast period. This increasing spend on incinerator will be primarily attributed to its growing preference over landfills as it allows efficient disposal of waste within minimal acres of land. This is driving the adoption of incinerator across end-user industries that are chemical, healthcare, oil and gas, industrial, and municipal sectors. The disposal process using incinerators produces heat which can be recovered and used in the production of electrical energy to meet thermal energy requirements. This will serve as another major driver for the incinerator market spend growth.

Lack of availability of land is driving the adoption of the incinerator in Europe and some of the key geographies in APAC. In the US, combustion of municipal solid wastes using incinerators acts as one of the major sources of alternative sources of energy. This is currently driving the demand for incinerators in the region.

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Insights Offered in this Incinerator Market Report

Written from the perspective of the buyers and suppliers, this procurement intelligence report offers comprehensive coverage of the factors driving spend across various regions and helps buyers to identify opportunities for cost savings. To help buyers procure incinerator at cost-effective rates, an analysis of the pricing outlook and supplier cost structure is also offered in this report.

Insights offered in this incinerator market report will help the buyers understand:

• Global and regional spend potential for the period of 2017-2022
• Top incinerator suppliers and their cost structure
• US market supply scenario
• Incinerator market prices, price trends, and forecasts
• Incumbent supplier evaluation metrics

Incinerator Market Pricing Trends

This incinerator market procurement intelligence report contains in-depth pricing insights for the procurement of incinerator. These pricing insights provide an overview and comparison of pricing models, supply chain margins, and the volume and cost drivers impacting pricing:

• Hike in crude oil price will have an inflationary impact on fuel prices. This will increase the supplier’s transportation costs which will also impact the price of procurement in the incinerator market.
   
• The price of steel, which is one of the key raw materials to manufacture incinerator, is set to undergo a major hike owing to the imposition of tariffs on imports of steel from China. This will increase the production costs of suppliers, thereby driving the procurement price for buyers.
   
• Suppliers are incurring incremental spend on research and development activities to manufacture incinerator that consumes less fuel and minimize buyer’s operational costs. This will also cast its impact on the price of incinerators.

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Incinerator Market: Category Spend Optimization

To offset the potential rising costs for the procurement of incinerator, category managers must adopt the best procurement practices and strategies to efficiently optimize their spend. For instance, buyers are advised to engage with suppliers that have technical expertise in the installation of incinerators. It will help buyers to save on costs associated with the engagement with a separate entity for installation. Engaging with suppliers that offer bundling of products will also facilitate buyers with significant cost savings in terms of documentation and contract management.

To help category managers optimize their spend on incinerator, this report also offers:

• Category management strategies and objectives
• Supplier and buyer KPIs
• Outsourcing category management activities
• Risk management
• Cost-saving opportunities

Understand the Incinerator Supply Landscape

An analysis of the incinerator supply market suggests that the buyers must assess suppliers based on the quality of training provided by them, as it ensures effectiveness and efficiency of operations of the procured incinerator. This procurement report also identifies the major costs incurred by the suppliers and offers a coverage of:

• Suppliers positioning strategy
• Supplier operational capability
• Supplier ecosystem outlook

Build Effective Category Management Strategies for the Incinerator Market

A major category requirement for the category managers in the incinerators supply market is to procure incinerators of appropriate size and install temperature control systems to minimize fuel consumption and consequently save fuel costs. Key insights offered in this procurement report on incinerators will help the buyers identify:

• Global and regional category risks
• Category growth drivers
• Supplier selection criteria