The plastic to fuel is a method to convert plastic into fuel in the presence of oxygen and the products are utilized in various applications such as automotive, industrial, food & beverages, agriculture, and others. Additionally, the successive ignition of these waste resulting fuels is the better alternative for presently using fossil fuels. The global plastic to fuel market is influenced by various factors such as the increasing demand for crude oil coupled with the depletion of natural resources, and rising use of plastics coupled with the need for recycling plastics. Moreover, the urgent need for alternative sources of energy is further contributing to the growth of the plastic to fuel market during the forecast period.
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Moreover, the global plastic to fuel market is further classified on the basis of geography including North America, Europe, Asia-Pacific and Rest of the World. North America has a significant market share in the global plastic to fuel market due to strong government policies for recycling of plastics. Asia-Pacific is estimated to have significant market growth owing to the rising demand for petroleum products such as petrol and diesel. Moreover, increasing investment and initiatives programs for the recycling of plastics waste contributing to the growth of the market. Further, Europe has a considerable market share in the global plastic to fuel market due to the high demand for crude oil by the automobile sector in this region.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Plastic to Fuel Market by Technology
- Pyrolysis
- Gasification
- Depolymerization
Global Plastic to Fuel Market by End product
- Crude Oil
- Hydrogen
- Others (Sulphur)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Agilyx, Inc
- Agile Process Chemicals LLP
- Avantium N.V.
- Beston (Henan) Machinery Co., Ltd.
- Cassandra Oil AB
- Green EnviroTech Holding Corp.
- Handerek Technologies Sp.zo.o.
- Klean Industries Inc.
- MK Aromatics Ltd.
- Neste Oyj
- Nexus Fuels LLC
- Plastic Advanced Recycling Corp.
- Plastic Energy
- Plastic2Oil, Inc.
- Recycling Technologies Ltd.
- Renewlogy
- RES Polyflow
- Resynergi
- Rudra Environmental Solutions India Ltd.
- Vadxx
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.
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