Market Overview:
The global recycled plastic and plastic waste to oil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for recycled plastics and plastic waste to oil in various applications such as chemical plants, waste treatment plants, and others. In addition, the growing awareness about environmental conservation is also propelling the growth of this market. Based on type, diesel accounted for the largest share of the global recycled plastic and plastic waste to oil market in 2017. This can be attributed to its high demand in various applications such as chemical plants, waste treatment plants, and others across different regions.
Product Definition:
Recycled plastic is made from post-consumer plastics that have been collected and processed into new pellets or granules. The recycled content of these new pellets or granules can be up to 100%.
The importance of recycled plastic is twofold: first, it helps reduce the amount of waste going into landfills or incinerators; second, it helps conserve resources by using a material that would otherwise be thrown away. Recycled plastic can be used to make a wide variety of products, including furniture, automotive parts, toys and building materials.
Diesel:
Diesel is an organic compound, which is produced from the distillation process of petrochemicals. The most common form of diesel used in applications across the world today is a hydrocarbon liquid derived from crude oil. It can also be obtained as a by-product of gas oils or as a coal-derived liquid known as biofuel.
Gasoline:
Gasoline is an organic compound, which is a volatile, colorless and flammable liquid that consists of hydrocarbons. The major components of gasoline are carbon and hydrogen. It can be derived from crude oil or natural gas.
Application Insights:
The other application segment includes food packaging, automotive, medical devices and others. The demand for recycled plastics in the automotive industry is expected to witness growth owing to its rising applications in body panels, hoods and roofs of vehicles. Also, stringent regulations on the use of virgin plastic materials by auto manufacturers are likely to propel market growth over the forecast period.
Global recycled plastic.
Recycled plastics find their usage as a substitute for metallic components in automobiles due largely to their low cost as well as lightweight properties that make them ideal alternatives over traditional automobile parts made from metal or steel alloys.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of emerging economies such as China, India, Indonesia, Malaysia and Thailand has resulted in high plastic production. Moreover, these countries are also major consumers of petroleum products which further increases plastic demand from oil refineries across this region.
The European market for recycled plastics and plastics waste to oil is anticipated to grow at a significant rate over the forecast period owing to stringent regulations on reducing carbon footprint coupled with growing environmental concerns among end-users regarding sustainability. Increasing use of bio-based polymers in place of conventional petroleum based polymers will have a positive impact on industry growth over the coming years.
North America emerged as one of the prominent regional markets for recycled plastics.
Growth Factors:
- Increasing awareness about the benefits of recycling plastic and plastic waste: There is a growing awareness among people about the benefits of recycling plastic and plastic waste. This is driving the demand for recycled plastic and recycled plastics products.
- Rising environmental concerns: The increasing environmental concerns are also fuelling the demand for recycled plastics products as they are more environment-friendly than virgin plastics products.
- Growing use of recycled plastics in automotive industry: Recycled plastics are finding increased applications in automotive industry due to their properties such as light weight, durability, etc. This is propelling the growth of recycled Plastic and Plastic Waste to Oil market globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Recycled Plastic and Plastic Waste to Oil Market Research Report
By Type
Diesel, Gasoline, Others
By Application
Chemical Plant, Waste Treatment Plant, Other
By Companies
Vadaxx Energy, Nexus Fuels, Plastic2Oil, Agilyx, MK Aromatics Limited, Northwood Exploration Israel Limited, RES POLYFLOW, Plastic Advanced Recycling Corporation, OMV Aktiengesellschaft, Niutech, Agile Process Chemicals LLP, PLASTIC ENERGY
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Recycled Plastic and Plastic Waste to Oil Market Report Segments:
The global Recycled Plastic and Plastic Waste to Oil 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:
- Vadaxx Energy
- Nexus Fuels
- Plastic2Oil
- Agilyx
- MK Aromatics Limited
- Northwood Exploration Israel Limited
- RES POLYFLOW
- Plastic Advanced Recycling Corporation
- OMV Aktiengesellschaft
- Niutech
- Agile Process Chemicals LLP
- PLASTIC ENERGY
Highlights of The Recycled Plastic and Plastic Waste to Oil 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 Recycled Plastic and Plastic Waste to Oil 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- 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?
Recycled plastic is plastic that has been recycled multiple times. Plastic waste to oil is the process of turning plastic waste into oil.
Some of the major players in the recycled plastic and plastic waste to oil market are Vadaxx Energy, Nexus Fuels, Plastic2Oil, Agilyx, MK Aromatics Limited, Northwood Exploration Israel Limited, RES POLYFLOW, Plastic Advanced Recycling Corporation, OMV Aktiengesellschaft, Niutech, Agile Process Chemicals LLP, PLASTIC ENERGY.
The recycled plastic and plastic waste to oil market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Recycled Plastic and Plastic Waste to Oil Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Recycled Plastic and Plastic Waste to Oil Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Recycled Plastic and Plastic Waste to Oil Market - Supply Chain
4.5. Global Recycled Plastic and Plastic Waste to Oil Market Forecast
4.5.1. Recycled Plastic and Plastic Waste to Oil Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Recycled Plastic and Plastic Waste to Oil Market Size (000 Units) and Y-o-Y Growth
4.5.3. Recycled Plastic and Plastic Waste to Oil Market Absolute $ Opportunity
5. Global Recycled Plastic and Plastic Waste to Oil Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Recycled Plastic and Plastic Waste to Oil Market Size and Volume Forecast by Type
5.3.1. Diesel
5.3.2. Gasoline
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Recycled Plastic and Plastic Waste to Oil Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Recycled Plastic and Plastic Waste to Oil Market Size and Volume Forecast by Application
6.3.1. Chemical Plant
6.3.2. Waste Treatment Plant
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Recycled Plastic and Plastic Waste to Oil Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Recycled Plastic and Plastic Waste to Oil Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Recycled Plastic and Plastic Waste to Oil Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Recycled Plastic and Plastic Waste to Oil Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Recycled Plastic and Plastic Waste to Oil Demand Share Forecast, 2019-2026
9. North America Recycled Plastic and Plastic Waste to Oil Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Recycled Plastic and Plastic Waste to Oil Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Recycled Plastic and Plastic Waste to Oil Market Size and Volume Forecast by Application
9.4.1. Chemical Plant
9.4.2. Waste Treatment Plant
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Recycled Plastic and Plastic Waste to Oil Market Size and Volume Forecast by Type
9.7.1. Diesel
9.7.2. Gasoline
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Recycled Plastic and Plastic Waste to Oil Demand Share Forecast, 2019-2026
10. Latin America Recycled Plastic and Plastic Waste to Oil Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Recycled Plastic and Plastic Waste to Oil Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Recycled Plastic and Plastic Waste to Oil Market Size and Volume Forecast by Application
10.4.1. Chemical Plant
10.4.2. Waste Treatment Plant
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Recycled Plastic and Plastic Waste to Oil Market Size and Volume Forecast by Type
10.7.1. Diesel
10.7.2. Gasoline
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Recycled Plastic and Plastic Waste to Oil Demand Share Forecast, 2019-2026
11. Europe Recycled Plastic and Plastic Waste to Oil Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Recycled Plastic and Plastic Waste to Oil Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Recycled Plastic and Plastic Waste to Oil Market Size and Volume Forecast by Application
11.4.1. Chemical Plant
11.4.2. Waste Treatment Plant
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Recycled Plastic and Plastic Waste to Oil Market Size and Volume Forecast by Type
11.7.1. Diesel
1.7.2. Gasoline
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Recycled Plastic and Plastic Waste to Oil Demand Share, 2019-2026
12. Asia Pacific Recycled Plastic and Plastic Waste to Oil Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Recycled Plastic and Plastic Waste to Oil Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Recycled Plastic and Plastic Waste to Oil Market Size and Volume Forecast by Application
12.4.1. Chemical Plant
12.4.2. Waste Treatment Plant
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Recycled Plastic and Plastic Waste to Oil Market Size and Volume Forecast by Type
12.7.1. Diesel
12.7.2. Gasoline
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Recycled Plastic and Plastic Waste to Oil Demand Share, 2019-2026
13. Middle East & Africa Recycled Plastic and Plastic Waste to Oil Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Recycled Plastic and Plastic Waste to Oil Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Recycled Plastic and Plastic Waste to Oil Market Size and Volume Forecast by Application
13.4.1. Chemical Plant
13.4.2. Waste Treatment Plant
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Recycled Plastic and Plastic Waste to Oil Market Size and Volume Forecast by Type
13.7.1. Diesel
13.7.2. Gasoline
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Recycled Plastic and Plastic Waste to Oil Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Recycled Plastic and Plastic Waste to Oil Market: Market Share Analysis
14.2. Recycled Plastic and Plastic Waste to Oil Distributors and Customers
14.3. Recycled Plastic and Plastic Waste to Oil Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Vadaxx Energy
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nexus Fuels
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Plastic2Oil
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Agilyx
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MK Aromatics Limited
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Northwood Exploration Israel Limited
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. RES POLYFLOW
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Plastic Advanced Recycling Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. OMV Aktiengesellschaft
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Niutech
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Agile Process Chemicals LLP
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. PLASTIC ENERGY
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
