Plastic to Fuel

Global Plastic to Fuel Market Size, Share & Trends Analysis Report by Technology (Pyrolysis, Gasification, Depolymerization), by End Product (Crude Oil, Hydrogen, Others), and Forecast, 2019-2025
Plastic to fuel technologies can address a critical fraction of the plastic waste stream such as low-density polyethylene, polystyrene, and others, that has been historically difficult to reutilize. The plastic to fuel technologies produce a local source of synthetic crude oil and/or refined fuels to displace fossil fuel derived imports. The plastic waste can be utilized to produce fuels by various technologies such as pyrolysis, gasification, and depolymerization. The global plastic to fuel market is considerably growing owing to increasing environmental concern due to plastics waste, coupled with rising awareness towards plastic recycling. Moreover, rising demand for fossil fuels from the automotive and manufacturing industries are contributing to the growth of the plastic to fuel market during the forecast period.
The global plastic to fuel market is further classified based on geography including North America, Europe, Asia-Pacific and Rest of the World. North America plastic to fuel market is estimated to have a significant market share due to the high demand for recycling of plastic wastes coupled with government initiatives for plastic recycling. Further, Asia-Pacific has a significant market growth in the plastic to fuel market due to rising awareness towards plastic recycling and conversion into energy. Moreover, investments by the companies to produce fossil fuels by plastics wastes contributing to the growth of the plastic to fuel market in the region.
Moreover, the global plastic to fuel market is influenced by product development and technological advancements conducted by the market players. The players of the plastic to fuel market include Agilyx, Inc., Green EnviroTech Holding Corp., Handerek Technologies Sp.zo.o., MK Aromatics Ltd., Plastic Advanced Recycling Corp., and others. These players are playing a significant role in the growth of the plastic to fuel market by providing various products and adopting several strategies such as merger, acquisition, partnerships, collaboration, and others. For instance, in November 2018, Agilyx, Inc signed a collaboration with AmSty for the operations of Agilyx’s polystyrene recycling facility in Tigard, Oregon, and to track the development of a 50 ton per day polystyrene recycling facility. This would enable the company to increase the revenue by the recycling plastics waste and producing fuels that would further propel the global plastic to fuel market growth.
Research Methodology
The market study of the global plastic to fuel market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary Sources Include:
• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog
The report is intended for plastic to fuel manufacturers, the automotive industry, government organizations, and others, for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
1. Global Plastic to fuel Market Research and Analysis, By Technology
2. Global Plastic to fuel Market Research and Analysis, By End Product
The Report covers:
• Comprehensive research methodology of the global plastic to fuel market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global plastic to fuel market.
• Insights about market determinants which are stimulating the global plastic to fuel market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.