Market Overview:
The global plastic to fuel market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for alternative fuels and the growing awareness about the benefits of using plastic-to-fuel conversion technology. The global plastic-to-fuel market is segmented on the basis of type, application, and region. On the basis of type, diesel accounts for a major share in this market followed by gasoline and others. On account of its high calorific value and easy availability, diesel is used as a primary fuel across various industries such as chemical plant, waste treatment plant, and others. Gasoline is also used as an alternate fuel across various industries owing to its high octane number that helps in reducing knocking or pinging noise during combustion process. By application, chemical plant dominates this market followed by waste treatment plant and other applications respectively.
Product Definition:
Plastic to Fuel is a process where waste plastic is converted into fuel. The importance of Plastic to Fuel is that it helps reduce the amount of plastic waste and also creates a new source of fuel.
Diesel:
Diesel is a fossil fuel derived from crude oil. It is produced by the processing of petroleum through the fractional distillation process. The most common form of diesel available on the market is naphtha-based, which has a high content of octane and energy. Diesel can also be produced from other sources such as biofuel, shale oil or coal tar and even waste cooking oils.
Gasoline:
Gasoline is an automotive fuel that is produced from crude oil. It consists of hydrocarbons and other substances that are refined to produce kerosene, which is then used in the plastic to fuel process.
Hydrocarbon (HC) gases are present in natural gas, petroleum or coal beds under high pressure and temperature.
Application Insights:
The other application segment includes power generation, marine and aviation fuels among others. Waste treatment plants were the largest application segment in the global plastic to fuel market in 2017. The growth can be attributed to growing environmental concerns over landfill sites and increasing focus on waste management as a whole. Plastic is one of the major components of waste that needs to be addressed for effective waste management practices, which is driving demand for plastic-based products as fuels at this particular juncture in time.
Petroleum refinery products including diesel and gasoline are widely used across road transport applications owing to their ability to provide high performance with low emissions when compared with traditional engines fueled by fossil fuels such as coal or petroleum gas.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of plastic waste generated worldwide, which makes it a potential source of raw material for fuel production. China, India, Indonesia and Japan are some of the largest plastic-producing countries globally.
The growing automotive industry in Asia Pacific economies such as China and India is also anticipated to drive product demand over the next eight years. In addition, favorable government regulations aimed at promoting electric vehicles are likely to increase plastics used in manufacturing batteries for EVs across these economies over the coming years.
Growth Factors:
- Increasing demand for fuel from transportation sector
- Stringent environmental regulations for emissions from vehicles and industries
- Rising crude oil prices that make plastic to fuel conversion more economical
- Government subsidies and incentives for plastic to fuel conversion technologies
- Development of new technologies that improve the efficiency of plastic to fuel conversion
Scope Of The Report
Report Attributes
Report Details
Report Title
Plastic to Fuel Market Research Report
By Type
Diesel, Gasoline, Others
By Application
Chemical Plant, Waste Treatment Plant, Other
By Companies
Alterra Energy (Vadxx Energy), JBI (Plastic2Oil), Brightmark Energy (RES Polyflow), Plastic Advanced Recycling Corporation, Agilyx Corporation, OMV Aktiengesellschaft, Envion, MK Aromatics Limited, Niutech, Agile Process Chemicals LLP, Nexus Fuels
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Plastic to Fuel Market Report Segments:
The global Plastic to Fuel market is segmented on the basis of:
Types
Diesel, Gasoline, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical Plant, Waste Treatment Plant, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alterra Energy (Vadxx Energy)
- JBI (Plastic2Oil)
- Brightmark Energy (RES Polyflow)
- Plastic Advanced Recycling Corporation
- Agilyx Corporation
- OMV Aktiengesellschaft
- Envion
- MK Aromatics Limited
- Niutech
- Agile Process Chemicals LLP
- Nexus Fuels
Highlights of The Plastic to Fuel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Diesel
- Gasoline
- Others
- By Application:
- Chemical Plant
- Waste Treatment Plant
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Plastic to Fuel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Plastic to fuel is a process of turning plastic waste into fuels. This can be done by breaking down the plastic into small pieces and then using heat and pressure to convert the small pieces into fuels.
Some of the major players in the plastic to fuel market are Alterra Energy (Vadxx Energy), JBI (Plastic2Oil), Brightmark Energy (RES Polyflow), Plastic Advanced Recycling Corporation, Agilyx Corporation, OMV Aktiengesellschaft, Envion, MK Aromatics Limited, Niutech, Agile Process Chemicals LLP, Nexus Fuels.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Plastic to Fuel Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Plastic to Fuel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Plastic to Fuel Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Plastic to Fuel Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Plastic to Fuel Market Size & Forecast, 2018-2028
4.5.1 Plastic to Fuel Market Size and Y-o-Y Growth
4.5.2 Plastic to Fuel Market Absolute $ Opportunity
Chapter 5 Global Plastic to Fuel Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Plastic to Fuel Market Size Forecast by Type
5.2.1 Diesel
5.2.2 Gasoline
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Plastic to Fuel Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Plastic to Fuel Market Size Forecast by Applications
6.2.1 Chemical Plant
6.2.2 Waste Treatment Plant
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plastic to Fuel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Plastic to Fuel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Plastic to Fuel Analysis and Forecast
9.1 Introduction
9.2 North America Plastic to Fuel Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Plastic to Fuel Market Size Forecast by Type
9.6.1 Diesel
9.6.2 Gasoline
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Plastic to Fuel Market Size Forecast by Applications
9.10.1 Chemical Plant
9.10.2 Waste Treatment Plant
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Plastic to Fuel Analysis and Forecast
10.1 Introduction
10.2 Europe Plastic to Fuel Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Plastic to Fuel Market Size Forecast by Type
10.6.1 Diesel
10.6.2 Gasoline
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Plastic to Fuel Market Size Forecast by Applications
10.10.1 Chemical Plant
10.10.2 Waste Treatment Plant
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Plastic to Fuel Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Plastic to Fuel Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Plastic to Fuel Market Size Forecast by Type
11.6.1 Diesel
11.6.2 Gasoline
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Plastic to Fuel Market Size Forecast by Applications
11.10.1 Chemical Plant
11.10.2 Waste Treatment Plant
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Plastic to Fuel Analysis and Forecast
12.1 Introduction
12.2 Latin America Plastic to Fuel Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Plastic to Fuel Market Size Forecast by Type
12.6.1 Diesel
12.6.2 Gasoline
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Plastic to Fuel Market Size Forecast by Applications
12.10.1 Chemical Plant
12.10.2 Waste Treatment Plant
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Plastic to Fuel Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Plastic to Fuel Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Plastic to Fuel Market Size Forecast by Type
13.6.1 Diesel
13.6.2 Gasoline
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Plastic to Fuel Market Size Forecast by Applications
13.10.1 Chemical Plant
13.10.2 Waste Treatment Plant
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Plastic to Fuel Market: Competitive Dashboard
14.2 Global Plastic to Fuel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alterra Energy (Vadxx Energy)
14.3.2 JBI (Plastic2Oil)
14.3.3 Brightmark Energy (RES Polyflow)
14.3.4 Plastic Advanced Recycling Corporation
14.3.5 Agilyx Corporation
14.3.6 OMV Aktiengesellschaft
14.3.7 Envion
14.3.8 MK Aromatics Limited
14.3.9 Niutech
14.3.10 Agile Process Chemicals LLP
14.3.11 Nexus Fuels
