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    Plastic To Fuel (PTF) Market Report

    Plastic To Fuel (PTF) Market Report
    Report code - SRAM567 Delivery - 2 Weeks
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    Plastic-to-Fuel (PTF) Market Size, Share, Trend, Forecast, & Industry Analysis – See more...

    Impact of COVID-19 on Plastic To Fuel (PTF) Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Plastic To Fuel (PTF) Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Plastic-to-Fuel (PTF) Market Insights

    Plastic-to-Fuel (PTF) Market is likely to witness a CAGR of 5.0% during the forecast period. Surge in requirement for high quality fuel products globally, depletion of fuel sources coupled with flourishing cleantech industry, and growing concerns towards GHG emission from fuel-making sectors are the major factors driving the growth of the plastic-to-fuel (PTF) market during the forecast period.

    Plastic-to-Fuel (PTF) Market - Snapshot

    Growth

    5.0% for the next five years

    Major Source Type

    Municipal Solid Waste

    Major Depolymerization Type

    Thermal Pyrolysis

    Largest Fuel Type

    Liquid

    Region with the highest demand

    Europe

    Key Players

    Vadxx Energy, Plastic2Oil, Inc., RES Polyflow, Green Envirotec Holdings LLC, UNITRON Energy Systems Pvt. Ltd., Siemens Gamesa Renewable Energy S.A., Agilyx Corporation, JBI Inc., Nexus Fuels, LLC, and CBS Technologies.

     

    Market Share Analysis

    Plastic-to-Fuel-(PTF)-Market-Dominant-Segments

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    Plastic-to-Fuel (PTF) Market Share: By Source Type

    Based on the source type, the market is segmented as municipal solid waste, industrial, and others. Municipal solid waste is estimated to be the leading source type in the market during the forecast period owing to increasing industry size in Latin America and the Middle East because of high amount of wastes generated from household & municipal sectors. Further, the availability of feedstock material and the cost of obtaining plastic wastes are expected to have an impact on the consumption trends of municipal solid wastes boosting the growth of the industry over the forecast period.

    Plastic-to-Fuel (PTF) Market Share: By Depolymerization Type

    Based on the depolymerization type, the market is segmented as thermal degradation and catalytic degradation. The thermal degradation is further segmented as pyrolysis, gasification, and hydrogenation. Thermal pyrolysis is estimated to witness significant growth rate in the market owing to increasing demand for liquid fuel in the end-user industry coupled with the cost-effectiveness of pyrolysis as compared to other thermal degradation technologies during the forecast period. This process involves thermal decomposition of plastics in the absence of oxygen and enables the reuse of energy and raw materials of the waste which decrease the environmental impact of improper disposal of waste, fueling the market growth over the forecast period.

    Plastic-to-Fuel (PTF) Market Share: By Fuel Type

    Based on the fuel type, the market is segmented as solid, liquid, and gaseous. The liquid fuel market is estimated to hold the largest share of the market owing to growing inclination towards sustainability for increasing penetration of liquid fuel during the forecast period. Further, shifting attention of oil producers towards utilization of plastic-to-fuel owing to growing concerns towards high-quality & sustainability among plastic producers is expected to have a positive influence on the liquid fuel in the industry, fueling the market growth during the forecast period.

    Plastic-to-Fuel (PTF) Market Share: By Region

    In terms of regions, Europe is estimated to account for the major share of the market during the forecast period, owing to presence of multiple plastic-to-fuel conversion facilities offering high recycling and energy recovery rate from plastic wastes in the region. Moreover, Europe is also focusing on reducing the emission of GHG by 40% from the 1990-levels, boosting the growth of renewable & cleantech sectors, eventually fueling the growth of the regional market over the forecast period. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

    Plastic-to-Fuel-(PTF)-Market-By-Region

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    Some of the key players in the plastic-to-fuel (PTF) market are-

    • Vadxx Energy
    • Plastic2Oil, Inc.
    • RES Polyflow
    • Green Envirotec Holdings LLC
    • UNITRON Energy Systems Pvt. Ltd.
    • Siemens Gamesa Renewable Energy S.A.
    • Agilyx Corporation, JBI Inc.
    • Nexus Fuels, LLC
    • CBS Technologies.

     

    Market Scope & Segmentation

    Plastic-to-fuel technologies are basically used to handle the scrap plastic through a process of thermal treatment and sometimes pressure for converting these plastics to a fuel product.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Plastic-to-Fuel (PTF) Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The plastic-to-fuel (PTF) market is segmented into the following categories.

    Plastic-to-Fuel (PTF) Market Size, Share, & Forecast, by Source Type:

    • Municipal Solid Waste (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Source Type Analysis: Medical Waste, E-Waste, and Agriculture Waste)

    Plastic-to-Fuel (PTF) Market Size, Share, & Forecast, by Depolymerization Type:

    • Thermal Degradation
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Depolymerization Type Analysis: Pyrolysis, Gasification, and Hydrogenation)
    • Catalytic Degradation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Plastic-to-Fuel (PTF) Market Size, Share, & Forecast, by Fuel Type:

    • Solid (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Liquid (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Gaseous (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Plastic-to-Fuel (PTF) Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Plastic-to-Fuel-(PTF)-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the source types by fuel type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The plastic-to-fuel (PTF) market is expected to witness an impressive growth of 5.0% CAGR in the foreseeable future.

    Vadxx Energy, Plastic2Oil, Inc., RES Polyflow, Green Envirotec Holdings LLC, UNITRON Energy Systems Pvt. Ltd., Siemens Gamesa Renewable Energy S.A., Agilyx Corporation, JBI Inc., Nexus Fuels, LLC, and CBS Technologies are among the key players in the plastic-to-fuel (PTF) market.

    Europe is expected to account for the major share of the plastic-to-fuel (PTF) market during the next five years.

    Municipal solid waste is expected to be the leading source type in the plastic-to-fuel (PTF) market in the coming years.

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