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Report

MEA Advanced Recycling Technologies Market- Industry Trends and Forecast to 2030

Market Report I 2023-07-01 I 133 Pages I Data Bridge Market Research

Middle East and Africa advanced recycling technologies market is expected to reach USD 57,855.59 Thousad by 2030 from USD 34,352.40 Thousand in 2022, growing at a CAGR of 7.2 % during the forecast period of 2023 to 2030.
Market Segmentation:
Middle East and Africa Advanced Recycling Technologies Market, By Technology (Pyrolysis/Cracking, Gasification, Depolymerization, and Microwave ), Process Output (Naphtha, Heavy Gas Oil, and Wax Residue), End Use (Packaging, Infrastructure & Construction, Consumer Electronics, and Automotive), Country (South Africa, Saudi Arabia, United Arab Emirates, Egypt, Israel, Rest of Middle East & Africa) - Industry Trends and Forecast to 2030

Overview of Middle East and Africa Advanced Recycling Technologies Market Dynamics:

Driver
- Shifting inclination towards circular economy from companies and various governments

Restraints/Challenges

- Competition with traditional recycling methods

Opportunities

- Rising access towards premium quality equipment and consumables for inducing recycling practices

Market Players:

Some of the key market players operating in the Middle East and Africa advanced recycling technologies market are listed below:

- BlueAlp Innovations BV
- Pyrowave
- Enerkem
- Recycling Avenue
- Gr3n Recycling
- PLASTIC ENERGY
- Quantafuel ASA
- Loop Industries, Inc.
- Agilyx
- Honeywell International Inc.
- Polystyvert
- Olefy Technologies Ltd.
- Mura Technology Limited
- Chevron Phillips Chemical Company LLC
- GARBO SRL
- Brightmark
- Synova

TABLE OF CONTENTS
1 INTRODUCTION 20
1.1 OBJECTIVES OF THE STUDY 20
1.2 MARKET DEFINITION 20
1.3 OVERVIEW 20
1.4 LIMITATIONS 21
1.5 MARKETS COVERED 22
2 MARKET SEGMENTATION 25
2.1 MARKETS COVERED 25
2.2 GEOGRAPHICAL SCOPE 26
2.3 YEARS CONSIDERED FOR THE STUDY 27
2.4 CURRENCY AND PRICING 27
2.5 DBMR TRIPOD DATA VALIDATION MODEL 28
2.6 TECHNOLOGY LIFELINE CURVE 31
2.7 MULTIVARIATE MODELING 32
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 33
2.9 DBMR MARKET POSITION GRID 34
2.10 DBMR MARKET CHALLENGE MATRIX 35
2.11 DBMR VENDOR SHARE ANALYSIS 36
2.12 SECONDARY SOURCES 37
2.13 ASSUMPTIONS 38
3 EXECUTIVE SUMMARY 39
4 PREMIUM INSIGHTS 41
4.1 PORTER'S FIVE FORCES 42
4.1.1 THREAT OF NEW ENTRANTS 42
4.1.2 THREAT OF SUBSTITUTES 43
4.1.3 CUSTOMER BARGAINING POWER 43
4.1.4 SUPPLIER BARGAINING POWER 43
4.1.5 INTERNAL COMPETITION (RIVALRY) 44
4.2 VENDOR SELECTION CRITERIA 45
4.3 PESTLE ANALYSIS 47
4.3.1 POLITICAL FACTORS 47
4.3.2 ECONOMIC FACTORS 48
4.3.3 SOCIAL FACTORS 48
4.3.4 TECHNOLOGICAL FACTORS 48
4.3.5 LEGAL FACTORS 49
4.3.6 ENVIRONMENTAL FACTORS 49
4.4 CLIMATE CHANGE SCENARIO 50
4.4.1 ENVIRONMENTAL CONCERNS 50
4.4.2 INDUSTRY RESPONSE 50
4.4.3 GOVERNMENT'S ROLE 51
4.4.4 ANALYST RECOMMENDATION 51
4.5 RAW MATERIAL COVERAGE 52
4.6 TECHNOLOGICAL ADVANCEMENTS 53
5 REGULATION COVERAGE 54
5.1 REGULATORY FRAMEWORK AND GUIDELINES 54
6 MARKET OVERVIEW 56
6.1 DRIVERS 58
6.1.1 SHIFTING INCLINATION TOWARDS CIRCULAR ECONOMY FROM COMPANIES AND VARIOUS GOVERNMENTS 58
6.1.2 POSITIVE OUTLOOK TOWARDS SUSTAINABLE PLASTIC WASTE MANAGEMENT 59
6.1.3 INCREASING CAPABILITY OF CHEMICAL COMPANIES TO UNLOCK VALUABLE RESOURCES THROUGH INNOVATIVE RECYCLING METHODS 60
6.2 RESTRAINTS 61
6.2.1 THE LACK OF WELL-ESTABLISHED RECYCLING INFRASTRUCTURE AND LOGISTICAL CHALLENGE 61
6.2.2 HIGH INVESTMENT COST ASSOCIATED WITH INITIAL INSTALLATION OF EQUIPMENT AND FACILITIES 62
6.3 OPPORTUNITIES 63
6.3.1 RISING ACCESS TOWARDS PREMIUM QUALITY EQUIPMENT AND CONSUMABLES FOR INDUCING RECYCLING PRACTICES 63
6.3.2 EXTENSIVE SCOPE OF SYNERGIZING THE EXPERTISE BETWEEN TECHNOLOGICAL PROVIDERS AND CHEMICAL MANUFACTURERS 63
6.4 CHALLENGE 64
6.4.1 ISSUES ASSOCIATED WITH HANDLING OF RECYCLABLE WASTE 64
7 MIDDLE EAST & AFRICA ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TECHNOLOGY 65
7.1 OVERVIEW 66
7.2 PYROLYSIS/CRACKING 67
7.3 GASIFICATION 68
7.4 DEPOLYMERIZATION 68
7.5 MICROWAVE 69
8 MIDDLE EAST & AFRICA ADVANCED RECYCLING TECHNOLOGIES MARKET, BY PROCESS OUTPUT 70
8.1 OVERVIEW 71
8.2 NAPHTHA 72
8.3 HEAVY GAS OIL 73
8.4 WAX RESIDUE 73
9 MIDDLE EAST & AFRICA ADVANCED RECYCLING TECHNOLOGIES MARKET, BY END USE 74
9.1 OVERVIEW 75
9.2 PACKAGING 76
9.2.1 NON-FOOD PACKAGING 76
9.2.2 FOOD & BEVERAGES PACKAGING 76
9.3 INFRASTRUCTURE & CONSTRUCTION 76
9.4 CONSUMER ELECTRONICS 78
9.5 AUTOMOTIVE 78
10 MIDDLE EAST & AFRICA ADVANCED RECYCLING TECHNOLOGIES MARKET, BY REGION 79
10.1 MIDDLE EAST AND AFRICA 80
10.1.1 SAUDI ARABIA 85
10.1.2 SOUTH AFRICA 86
10.1.3 UNITED ARAB EMIRATES 87
10.1.4 EGYPT 88
10.1.5 ISRAEL 89
10.1.6 REST OF MIDDLE EAST AND AFRICA 90
11 MIDDLE EAST & AFRICA ADVANCED RECYCLING TECHNOLOGIES MARKET: COMPANY LANDSCAPE 91
11.1 COMPANY SHARE ANALYSIS: MIDDLE EAST & AFRICA 91
11.2 COLLABORATION 92
11.3 PLANT CONSTRUCTION 92
11.4 CONSTRUCTION COMMENCEMENT 93
11.5 JOINT VENTURE 93
11.6 PRODUCTION CAPACITY 93
12 SWOT ANALYSIS 94
13 COMPANY PROFILES 95
13.1 HONEYWELL INTERNATIONAL INC. 95
13.1.1 COMPANY SNAPSHOT 95
13.1.2 REVENUE ANALYSIS 95
13.1.3 COMPANY SHARE ANALYSIS 96
13.1.4 PRODUCT PORTFOLIO 96
13.1.5 RECENT DEVELOPMENTS 96
13.2 CHEVRON PHILLIPS CHEMICAL COMPANY LLC 98
13.2.1 COMPANY SNAPSHOT 98
13.2.2 COMPANY SHARE ANALYSIS 98
13.2.3 PRODUCT PORTFOLIO 98
13.2.4 RECENT DEVELOPMENTS 99
13.3 SYNOVA 100
13.3.1 COMPANY SNAPSHOT 100
13.3.2 COMPANY SHARE ANALYSIS 100
13.3.3 PRODUCT PORTFOLIO 100
13.3.4 RECENT DEVELOPMENTS 101
13.4 ENERKEM 102
13.4.1 COMPANY SNAPSHOT 102
13.4.2 COMPANY SHARE ANALYSIS 102
13.4.3 PRODUCT PORTFOLIO 103
13.4.4 RECENT DEVELOPMENTS 103
13.5 BRIGHTMARK 105
13.5.1 COMPANY SNAPSHOT 105
13.5.2 COMPANY SHARE ANALYSIS 105
13.5.3 PRODUCT PORTFOLIO 106
13.5.4 RECENT DEVELOPMENTS 106?
13.6 AGILYX 108
13.6.1 COMPANY SNAPSHOT 108
13.6.2 REVENUE ANALYSIS 108
13.6.3 PRODUCT PORTFOLIO 109
13.6.4 RECENT DEVELOPMENTS 109
13.7 BLUEALP INNOVATIONS BV 111
13.7.1 COMPANY SNAPSHOT 111
13.7.2 PRODUCT PORTFOLIO 111
13.7.3 RECENT DEVELOPMENT 111
13.8 GARBO SRL 112
13.8.1 COMPANY SNAPSHOT 112
13.8.2 PRODUCT PORTFOLIO 112
13.8.3 RECENT DEVELOPMENTS 112
13.9 GR3N RECYCLING 113
13.9.1 COMPANY SNAPSHOT 113
13.9.2 PRODUCT PORTFOLIO 113
13.9.3 RECENT DEVELOPMENTS 114
13.10 LOOP INDUSTRIES, INC. 115
13.10.1 COMPANY SNAPSHOT 115
13.10.2 PRODUCT PORTFOLIO 115
13.10.3 RECENT DEVELOPMENTS 116
13.11 MURA TECHNOLOGY LIMITED 117
13.11.1 COMPANY SNAPSHOT 117
13.11.2 PRODUCT PORTFOLIO 117
13.11.3 RECENT DEVELOPMENTS 118
13.12 OLEFY TECHNOLOGIES LTD. 120
13.12.1 COMPANY SNAPSHOT 120
13.12.2 PRODUCT PORTFOLIO 120
13.12.3 RECENT DEVELOPMENTS 120
13.13 PLASTIC ENERGY 121
13.13.1 COMPANY SNAPSHOT 121
13.13.2 PRODUCT PORTFOLIO 121
13.13.3 RECENT DEVELOPMENTS 122
13.14 POLYSTYVERT 123
13.14.1 COMPANY SNAPSHOT 123
13.14.2 PRODUCT PORTFOLIO 123
13.14.3 RECENT DEVELOPMENTS 124
13.15 PYROWAVE 125
13.15.1 COMPANY SNAPSHOT 125
13.15.2 PRODUCT PORTFOLIO 125
13.15.3 RECENT DEVELOPMENT 126
13.16 QUANTAFUEL ASA 127
13.16.1 COMPANY SNAPSHOT 127
13.16.2 REVENUE ANALYSIS 127
13.16.3 PRODUCT PORTFOLIO 128
13.16.4 RECENT DEVELOPMENT 128
13.17 RECYCLING AVENUE 129
13.17.1 COMPANY SNAPSHOT 129
13.17.2 PRODUCT PORTFOLIO 129
13.17.3 RECENT DEVELOPMENT 129
14 QUESTIONNAIRE 130
15 RELATED REPORTS 133

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