Europe Plastic to Fuel Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Technology (Pyrolysis, Gasification, and Depolymerization) and End Product (Crude Oil, Hydrogen, and Others)
Market Report I 2022-11-15 I 81 Pages I The Insight Partners
The plastic to fuel market in Europe is expected to grow from US$ 662.58 million in 2022 to US$ 1,593.50 million by 2028. It is estimated to grow at a CAGR of 15.7% from 2022 to 2028.
Growing Awareness Regarding Green House Gas Emission from Fuel Making Sector
In 2016, the world created an estimated 2.01 billion tons of municipal waste. The amount of municipal waste is expected to reach 3.4 billion tons by 2050. Food and green waste account for 44% of worldwide garbage, while dry recyclables such as paper, cardboard, plastic, glass, and metal account for 38%. Due to economic development, population expansion, and the degree of urbanization, it is predicted that the quantity of waste created may continue to rise. However, at least 33% of garbage is thrown in the open and is not managed in an environmentally friendly manner. Approximately 93% of garbage is burnt or deposited on road easements, open areas, or rivers, particularly in low-income nations. Nonrecyclable polymers such as polystyrene, polyethylene terephthalate (PET), and polyvinyl chloride (PVC) are currently the major sources of concern. More than 90% of plastic is not recycled and is discarded, landfilled, or simply poured into the ocean instead. Only 9-10% of waste plastic has been collected and recycled, implying that only 9-10% of waste plastic has been collected and recycled. This opens up a huge market potential for the plastic-to-fuel industry, since recycling these waste plastics will produce nonrecyclable waste plastics that can be used in PFT in the not-too-distant future. As a result, the demand for plastic to fuel facilities is projected to rise as nonrecyclable plastics are recovered from recycling facilities and new/landfill sources. Waste to energy (WTE), in particular, has a role to play in achieving the transformation to a sustainable energy ecosystem as a renewable energy source to reduce greenhouse gas (GHG) emissions, a clean demand response option, an eco-industrial park design consideration, and sometimes the only option for end-of-life waste treatment.
Market Overview
France, Germany, Italy, UK, Russia, and rest of Europe are the key contributors to the plastic to fuel market in the Europe. According to the data published by the European Environmental Agency in 2018, the type of plastic production in the European countries includes packaging (39.9%); building & construction (19.8%); Automotive (9.9%); electrical & electronic equipment (6.2%); agriculture (3.4%); household, leisure & sports (4.1%) and other (16.7%). Out of the total plastic produced by the region, 32.5% was recycled in 2018, followed by 42.6% utilized for energy recovery, and the remaining was dumped into landfills. The rising government initiatives to promote the recycling of plastic waste across the region are influencing companies to invest in the same. Owing to Europe's Green Deal and Sustainability Ambitions, companies are encouraged to invest in the recycling of plastic for reuse and energy recovery. The European Commission estimates that energy savings from recycling all the global plastic waste would take 3.5 billion barrels of oil out of the equation per year. Thus, the rising government initiatives to promote the recycling and energy recovery of plastic waste are contributing to the growth of the European plastic to fuel market. In December 2020, the company entered a strategic partnership with SABIC to build a unit in the Netherlands, the construction of which is expected to start from 2021. Similarly, in September 2019, BlueAlp announced its plan to build a waste plastic recycling plant in the Netherlands and Belgium on behalf of the Dutch-Belgian consortium. Thus, the above-mentioned initiatives are boosting the growth of the Europe plastic to fuel market across the European region.
Europe Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)
Europe Plastic to Fuel Market Segmentation
The Europe plastic to fuel market is segmented into technology, end product, and country.
Based on technology, the market is segmented into pyrolysis, gasification, and depolymerization. The pyrolysis segment registered the largest market share in 2022. Based on end product, the market is segmented into crude oil, hydrogen, and others. The crude oil segment held a largest market share in 2022. Based on country, the market is segmented into France, Germany, Italy, UK, Russia, and Rest of Europe. UK dominated the market share in 2022. Agilyx; Klean Industries Inc; Plastic2Oil, Inc; Cassandra Oil AB; Plastic Advanced Recycling Corg; and OMV Aktiengesellschaft are the leading companies operating in the Europe plastic to fuel market in the region.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Plastic to Fuel Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
5. Europe Plastic to Fuel - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Awareness Regarding Green House Gas Emission from Fuel Making Sector
5.1.2 Increasing Energy Requirement
5.2 Market Restraints
5.2.1 Concerns Regarding Usage of Non-renewable Energy Sources
5.3 Market Opportunities
5.3.1 Introduction of Go Green Process
5.4 Future Trends
5.4.1 Waste to Fuel Initiatives
5.5 Impact Analysis of Drivers and Restraints
6. Plastic to Fuel - Europe Market Analysis
6.1 Europe Plastic to Fuel Market Overview
6.2 Europe Plastic to Fuel Market Revenue Forecast and Analysis
7. Europe Plastic to Fuel Market- by Technology
7.1 Overview
7.2 Europe Plastic to Fuel Market, by Technology (2021 and 2028)
7.3 Pyrolysis
7.3.1 Overview
7.3.2 Pyrolysis: Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)
7.4 Gasification
7.4.1 Overview
7.4.2 Gasification: Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)
7.5 Depolymerization
7.5.1 Overview
7.5.2 Depolymerization: Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)
8. Europe Plastic to Fuel Market- by End Product
8.1 Overview
8.2 Europe Plastic to Fuel Market, by End Product (2021 and 2028)
8.3 Crude Oil
8.3.1 Overview
8.3.2 Crude Oil: Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)
8.4 Hydrogen
8.4.1 Overview
8.4.2 Hydrogen: Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)
9. Europe Plastic to Fuel Market - Country Analysis
9.1 Overview
9.1.1 Europe: Plastic to Fuel Market, by Key Country
9.1.1.1 Germany: Plastic to Fuel Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Germany: Plastic to Fuel Market, by Technology
9.1.1.1.2 Germany: Plastic to Fuel Market, by End Product
9.1.1.2 France: Plastic to Fuel Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 France: Plastic to Fuel Market, by Technology
9.1.1.2.2 France: Plastic to Fuel Market, by End Product
9.1.1.3 Italy: Plastic to Fuel Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Italy: Plastic to Fuel Market, by Technology
9.1.1.3.2 Italy: Plastic to Fuel Market, by End Product
9.1.1.4 UK: Plastic to Fuel Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 UK: Plastic to Fuel Market, by Technology
9.1.1.4.2 UK: Plastic to Fuel Market, by End Product
9.1.1.5 Russia: Plastic to Fuel Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 Russia: Plastic to Fuel Market, by Technology
9.1.1.5.2 Russia: Plastic to Fuel Market, by End Product
9.1.1.6 Rest of Europe: Plastic to Fuel Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Europe: Plastic to Fuel Market, by Technology
9.1.1.6.2 Rest of Europe: Plastic to Fuel Market, by End Product
10. Industry Landscape
10.1 Market Initiative
10.2 Merger and Acquisition
10.3 New Development
11. Company Profiles
11.1 Agilyx
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Klean Industries Inc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Plastic2Oil, Inc.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Cassandra Oil AB
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Plastic Advanced Recycling Corp.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 OMV Aktiengesellschaft
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. Europe Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany: Plastic to Fuel Market, by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Plastic to Fuel Market, by End Product -Revenue and Forecast to 2028 (US$ Million)
Table 4. France: Plastic to Fuel Market, by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 5. France: Plastic to Fuel Market, by End Product -Revenue and Forecast to 2028 (US$ Million)
Table 6. Italy: Plastic to Fuel Market, by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 7. Italy: Plastic to Fuel Market, by End Product -Revenue and Forecast to 2028 (US$ Million)
Table 8. UK: Plastic to Fuel Market, by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 9. UK: Plastic to Fuel Market, by End Product -Revenue and Forecast to 2028 (US$ Million)
Table 10. Russia: Plastic to Fuel Market, by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 11. Russia: Plastic to Fuel Market, by End Product -Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Europe: Plastic to Fuel Market, by Technology -Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Europe: Plastic to Fuel Market, by End Product -Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Plastic to Fuel Market Segmentation
Figure 2. Europe Plastic to Fuel Market Segmentation - By Country
Figure 3. Europe Plastic to Fuel Market Overview
Figure 4. Europe Plastic to Fuel Market, By Technology
Figure 5. Europe Plastic to Fuel Market, By End Product
Figure 6. Europe Plastic to Fuel Market, By Country
Figure 7. Europe - PEST Analysis
Figure 8. Europe Plastic to Fuel Market: Ecosystem Analysis
Figure 9. Europe Plastic to Fuel Market: Impact Analysis of Drivers and Restraints
Figure 10. Europe Plastic to Fuel Market Revenue Forecast and Analysis (US$ Million)
Figure 11. Europe Plastic to Fuel Market, by Technology (2021 and 2028)
Figure 12. Europe Pyrolysis: Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Gasification: Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Depolymerization: Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Plastic to Fuel Market, by End Product (2021 and 2028)
Figure 16. Europe Crude Oil: Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Hydrogen: Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Others: Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe: Plastic to Fuel Market, By Key Country- Revenue (2021) (US$ Million)
Figure 20. Europe: Plastic to Fuel Market Revenue Share, By Key Country (2021 and 2028)
Figure 21. Germany: Plastic to Fuel Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. France: Plastic to Fuel Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Italy: Plastic to Fuel Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. UK: Plastic to Fuel Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Russia: Plastic to Fuel Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rest of Europe: Plastic to Fuel Market - Revenue and Forecast to 2028 (US$ Million)
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.