Market Overview:
The global solid recovered fuel (SRF) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The high grade SRF segment is expected to grow at a higher CAGR than the low grade SRF segment during the forecast period. The cement plants application segment is expected to dominate the global SRF market in terms of revenue by 2030. Asia Pacific is projected to be the fastest growing region in the global SRF market during the forecast period, followed by Europe and North America.
 Industry Outlook.svg)
Product Definition:
Solid Recovered Fuel (SRF) is a fuel made from Municipal Solid Waste (MSW). It is important because it can be used to generate energy and help reduce greenhouse gas emissions.
Low Grade: Below 10 MJ/Kg:
Low grade refers to the portion of solid waste that is below 10 MJ/Kg. It accounts for approximately 5% of total municipal solid waste (MSW) and around 2% of total energy produced from burning this material would be sufficient to meet the global energy demand, according to a study by Intergovernmental Panel on Climate Change (IPCC) in 2013.
High Grade: Above 10 MJ/Kg:
High Grade: above 10 MJ/Kg is used in solid recovered fuel (SRF) market. Solid recovered fuel is also known as high-grade nuclear waste, which can be utilized for energy production with the help of advanced technologies. High grade radioactive material has a higher energy content and can be easily processed than low grade radioactive material.
Application Insights:
The global market is segmented by application into cement plants, lime plants, coal-fired power plants, and others. The cement plant application dominated the overall industry in terms of revenue share in 2017. Cement production accounts for a major share of the energy consumed worldwide. Hence, fuel that reduces carbon emissions while providing optimum efficiency for boilers used in cement manufacturing is expected to have a significant impact on industry growth over the next eight years.
Lime kilns are one of the largest consumers of woodfuel and hence contribute significantly to deforestation owing to their widespread usage across forestry activities globally coupled with low maintenance requirements has resulted in high demand for SRF from this sector which will positively influence market growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% from 2018 to 2030 owing to increasing government initiatives and rising awareness about environment protection. In India, solid recovered fuel plants (SRF) are being installed at power stations for producing energy in compliance with the norms set by Central Electricity Authority (CEA) and Environment Protection Agency (EPA).
In China, cement companies have started using SRFs as they help in reducing carbon emissions and produce less pollution than other sources of energy such as coal or gas. Furthermore, growing awareness among people regarding environmental protection has resulted in increased demand for clean fuels like SRF which will further boost market growth over the forecast period.
Growth Factors:
- Increasing awareness about the benefits of SRF over traditional fuels such as coal and oil is expected to drive the market growth.
- Stringent environmental regulations across the globe are compelling industries to adopt SRF as a fuel alternative, which in turn is propelling market growth.
- Growing demand for renewable energy sources is another key factor that is anticipated to boost the SRF market in the coming years.
- Rapid industrialization and urbanization in emerging economies are creating new opportunities for the SRF market players.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solid Recovered Fuel (SRF) Market Research Report
By Type
Low Grade: Below 10 MJ/Kg, High Grade: Above 10 MJ/Kg
By Application
Cement Plants, Lime Plants, Coal Fired Power Plants, Combined Heat and Power (CHP), Other
By Companies
Estre Ambiental, Biffa, Ecomondis, Countrystyle Recycling, Renewi, SUEZ Recycling and Recovery, Veolia, Carey Group, FCC Austria Abfall Service AG, EcoUrja Renewable 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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Solid Recovered Fuel (SRF) Market Report Segments:
The global Solid Recovered Fuel (SRF) market is segmented on the basis of:
Types
Low Grade: Below 10 MJ/Kg, High Grade: Above 10 MJ/Kg
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
Cement Plants, Lime Plants, Coal Fired Power Plants, Combined Heat and Power (CHP), 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:
- Estre Ambiental
- Biffa
- Ecomondis
- Countrystyle Recycling
- Renewi
- SUEZ Recycling and Recovery
- Veolia
- Carey Group
- FCC Austria Abfall Service AG
- EcoUrja Renewable Energy
 Market Overview.svg)
Highlights of The Solid Recovered Fuel (SRF) 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:
- Low Grade: Below 10 MJ/Kg
- High Grade: Above 10 MJ/Kg
- By Application:
- Cement Plants
- Lime Plants
- Coal Fired Power Plants
- Combined Heat and Power (CHP)
- 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 Solid Recovered Fuel (SRF) 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
 Market Statistics.svg)
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?
Solid recovered fuel (SRF) is a type of waste that is created when coal, oil, and other types of combustible materials are burned. SRF can be made up of small pieces or large chunks, and it can be difficult to handle because it is heavy and dirty.
Some of the major companies in the solid recovered fuel (srf) market are Estre Ambiental, Biffa, Ecomondis, Countrystyle Recycling, Renewi, SUEZ Recycling and Recovery, Veolia, Carey Group, FCC Austria Abfall Service AG, EcoUrja Renewable Energy.
The solid recovered fuel (srf) 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. Solid Recovered Fuel (SRF) 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. Solid Recovered Fuel (SRF) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solid Recovered Fuel (SRF) Market - Supply Chain
4.5. Global Solid Recovered Fuel (SRF) Market Forecast
4.5.1. Solid Recovered Fuel (SRF) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solid Recovered Fuel (SRF) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solid Recovered Fuel (SRF) Market Absolute $ Opportunity
5. Global Solid Recovered Fuel (SRF) 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. Solid Recovered Fuel (SRF) Market Size and Volume Forecast by Type
5.3.1. Low Grade: Below 10 MJ/Kg
5.3.2. High Grade: Above 10 MJ/Kg
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solid Recovered Fuel (SRF) 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. Solid Recovered Fuel (SRF) Market Size and Volume Forecast by Application
6.3.1. Cement Plants
6.3.2. Lime Plants
6.3.3. Coal Fired Power Plants
6.3.4. Combined Heat and Power (CHP)
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solid Recovered Fuel (SRF) 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. Solid Recovered Fuel (SRF) 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 Solid Recovered Fuel (SRF) 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. Solid Recovered Fuel (SRF) 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 Solid Recovered Fuel (SRF) Demand Share Forecast, 2019-2026
9. North America Solid Recovered Fuel (SRF) 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 Solid Recovered Fuel (SRF) 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 Solid Recovered Fuel (SRF) Market Size and Volume Forecast by Application
9.4.1. Cement Plants
9.4.2. Lime Plants
9.4.3. Coal Fired Power Plants
9.4.4. Combined Heat and Power (CHP)
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solid Recovered Fuel (SRF) Market Size and Volume Forecast by Type
9.7.1. Low Grade: Below 10 MJ/Kg
9.7.2. High Grade: Above 10 MJ/Kg
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 Solid Recovered Fuel (SRF) Demand Share Forecast, 2019-2026
10. Latin America Solid Recovered Fuel (SRF) 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 Solid Recovered Fuel (SRF) 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 Solid Recovered Fuel (SRF) Market Size and Volume Forecast by Application
10.4.1. Cement Plants
10.4.2. Lime Plants
10.4.3. Coal Fired Power Plants
10.4.4. Combined Heat and Power (CHP)
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solid Recovered Fuel (SRF) Market Size and Volume Forecast by Type
10.7.1. Low Grade: Below 10 MJ/Kg
10.7.2. High Grade: Above 10 MJ/Kg
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 Solid Recovered Fuel (SRF) Demand Share Forecast, 2019-2026
11. Europe Solid Recovered Fuel (SRF) 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 Solid Recovered Fuel (SRF) 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 Solid Recovered Fuel (SRF) Market Size and Volume Forecast by Application
11.4.1. Cement Plants
11.4.2. Lime Plants
11.4.3. Coal Fired Power Plants
11.4.4. Combined Heat and Power (CHP)
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solid Recovered Fuel (SRF) Market Size and Volume Forecast by Type
11.7.1. Low Grade: Below 10 MJ/Kg
11.7.2. High Grade: Above 10 MJ/Kg
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 Solid Recovered Fuel (SRF) Demand Share, 2019-2026
12. Asia Pacific Solid Recovered Fuel (SRF) 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 Solid Recovered Fuel (SRF) 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 Solid Recovered Fuel (SRF) Market Size and Volume Forecast by Application
12.4.1. Cement Plants
12.4.2. Lime Plants
12.4.3. Coal Fired Power Plants
12.4.4. Combined Heat and Power (CHP)
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solid Recovered Fuel (SRF) Market Size and Volume Forecast by Type
12.7.1. Low Grade: Below 10 MJ/Kg
12.7.2. High Grade: Above 10 MJ/Kg
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 Solid Recovered Fuel (SRF) Demand Share, 2019-2026
13. Middle East & Africa Solid Recovered Fuel (SRF) 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 Solid Recovered Fuel (SRF) 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 Solid Recovered Fuel (SRF) Market Size and Volume Forecast by Application
13.4.1. Cement Plants
13.4.2. Lime Plants
13.4.3. Coal Fired Power Plants
13.4.4. Combined Heat and Power (CHP)
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solid Recovered Fuel (SRF) Market Size and Volume Forecast by Type
13.7.1. Low Grade: Below 10 MJ/Kg
13.7.2. High Grade: Above 10 MJ/Kg
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 Solid Recovered Fuel (SRF) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solid Recovered Fuel (SRF) Market: Market Share Analysis
14.2. Solid Recovered Fuel (SRF) Distributors and Customers
14.3. Solid Recovered Fuel (SRF) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Estre Ambiental
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Biffa
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ecomondis
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Countrystyle Recycling
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Renewi
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SUEZ Recycling and Recovery
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Veolia
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Carey Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. FCC Austria Abfall Service AG
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. EcoUrja Renewable Energy
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
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
