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Asia-Pacific Plastic to Fuel Market

2021

Asia-Pacific 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)

Publication Month: Oct 2021 | Report Code: TIPRE00025221 | No. of Pages: 91 | Category: Energy and Power | Status: Published

Market Insights

Asia-Pacific Plastic to Fuel Market to Grow at a CAGR of 16.7% to reach US$ 331.54 million from 2021 to 2028

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The APAC plastic to fuel market is expected to grow from US$ 112.49 million in 2021 to US$ 331.54 million by 2028; it is estimated to grow at a CAGR of 16.7% from 2021 to 2028.


China, India, Japan, South Korea, and Australia are major economies in APAC. Introduction of go green process is expected to fuel the APAC plastic to fuel market growth. Plastic to fuel initiatives is starting to gain traction in the energy industry, as more people become aware of the widespread environmental damage caused by single-use plastics and people's insufficient recycling habits. This is prompting researchers to look for new ways to dispose of the growing plastic output. An increase in government subsidies for green technology development and attempts to encourage such technologies through increased financing are projected to provide significant market growth possibilities. Furthermore, the government's tightening of energy-security regulations is pressuring businesses to invest in environmentally friendly research. Plastics-to-fuel is a promising option for not just reducing pollution but also bringing major economic benefits to region, thereby driving APAC plastic to fuel market growth. Other factors such as surging awareness regarding greenhouse gas emission from fuel making sector and initiatives from waste to fuel conversion are also expected to fuel the APAC plastic to fuel market growth in coming years.

In case of COVID-19, APAC is highly affected specially India. APAC is characterized by many developing countries, a positive economic outlook, high residential and industrial presence, huge population, and rising disposable income. All these factors make APAC a major growth driving region for various markets, including plastic market. China, one of the largest plastic dependent country and massive plastic landfills, experienced stringent lockdown during initial phase of 2020, which disrupted the global plastic waste supply chain. Even as the factories in China are begun to operate, several businesses have reduced or pause on their operations, thereby, leading the plastic to fuel market players in the country to witness limited volume of plastic waste. This hindered the growth of the plastic to fuel market in the country. Several other countries such as Japan and South Korea are hit hard by the massive outbreak of COVID-19 virus. The countries mentioned above observed substantial time period of nationwide lockdown, thereby, causing the plastic waste conversion units to halt their production. The outcome of which showcased negative impact on the plastic to fuel market.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC plastic to fuel market. The APAC plastic to fuel market is expected to grow at a good CAGR during the forecast period.

Get more information on this report :


APAC Plastic to Fuel Market Segmentation

APAC Plastic to Fuel Market – By Technology

  • Pyrolysis
  • Gasification
  • Depolymerization

APAC Plastic to Fuel Market – By End Product

  • Crude Oil
  • Hydrogen
  • Others

APAC Plastic to Fuel Market, by Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC

APAC Plastic to Fuel Market -Companies Mentioned

  • Agilyx
  • Klean Industries Inc.
  • MK Aromatics Limited
  • OMV Aktiengesellschaft
  • Plastic2Oil, Inc.

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. APAC Plastic to Fuel Market Landscape

4.1 Market Overview

4.2 APAC PEST Analysis

4.3 Ecosystem Analysis

5. APAC Plastic to Fuel Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Surging Awareness Regarding Green House Gas Emission from Fuel Making Sector

5.1.2 Escalating Energy Requirement

5.2 Market Restraints

5.2.1 Complications 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 Market – APAC Analysis

6.1 APAC Plastic to Fuel Market Overview

6.2 APAC Plastic to Fuel Market Revenue Forecast and Analysis

7. APAC Plastic to Fuel Market Analysis– By Technology

7.1 Overview

7.2 APAC Plastic to Fuel Market, by Technology (2020 & 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. APAC Plastic to Fuel Market Analysis– By End Product

8.1 Overview

8.2 APAC Plastic to Fuel Market, by End Product (2020 & 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. APAC Plastic to Fuel Market – Country Analysis

9.1 Overview

9.1.1 APAC: Plastic to Fuel Market, by Key Country

9.1.1.1 Australia: Plastic to Fuel Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1 Australia: Plastic to Fuel Market, by Technology

9.1.1.1.2 Australia: Plastic to Fuel Market, by End Product

9.1.1.2 China: Plastic to Fuel Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1 China: Plastic to Fuel Market, by Technology

9.1.1.2.2 China: Plastic to Fuel Market, by End Product

9.1.1.3 India: Plastic to Fuel Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1 India: Plastic to Fuel Market, by Technology

9.1.1.3.2 India: Plastic to Fuel Market, by End Product

9.1.1.4 Japan: Plastic to Fuel Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.4.1 Japan: Plastic to Fuel Market, by Technology

9.1.1.4.2 Japan: Plastic to Fuel Market, by End Product

9.1.1.5 South Korea: Plastic to Fuel Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.5.1 South Korea: Plastic to Fuel Market, by Technology

9.1.1.5.2 South Korea: Plastic to Fuel Market, by End Product

9.1.1.6 Rest of APAC: Plastic to Fuel Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.6.1 Rest of APAC: Plastic to Fuel Market, by Technology

9.1.1.6.2 Rest of APAC: Plastic to Fuel Market, by End Product

10. Impact of COVID-19 Pandemic on APAC Plastic to Fuel Market

10.1 APAC

11. Industry Landscape

11.1 Market Initiative

11.2 Merger and Acquisition

11.3 New Development

12. Company Profiles

12.1 Agilyx

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Klean Industries Inc.

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Plastic2Oil, Inc.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 MK Aromatics Limited

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 OMV Aktiengesellschaft

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES

Table 1. APAC Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)

Table 2. APAC: Plastic to Fuel Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 3. Australia: Plastic to Fuel Market, by Technology –Revenue and Forecast to 2028 (US$ Million)

Table 4. Australia: Plastic to Fuel Market, by End Product –Revenue and Forecast to 2028 (US$ Million)

Table 5. China: Plastic to Fuel Market, by Technology –Revenue and Forecast to 2028 (US$ Million)

Table 6. China: Plastic to Fuel Market, by End Product –Revenue and Forecast to 2028 (US$ Million)

Table 7. India: Plastic to Fuel Market, by Technology –Revenue and Forecast to 2028 (US$ Million)

Table 8. India: Plastic to Fuel Market, by End Product –Revenue and Forecast to 2028 (US$ Million)

Table 9. Japan: Plastic to Fuel Market, by Technology –Revenue and Forecast to 2028 (US$ Million)

Table 10. Japan: Plastic to Fuel Market, by End Product –Revenue and Forecast to 2028 (US$ Million)

Table 11. South Korea: Plastic to Fuel Market, by Technology –Revenue and Forecast to 2028 (US$ Million)

Table 12. South Korea: Plastic to Fuel Market, by End Product –Revenue and Forecast to 2028 (US$ Million)

Table 13. Rest of APAC: Plastic to Fuel Market, by Technology –Revenue and Forecast to 2028 (US$ Million)

Table 14. Rest of APAC: Plastic to Fuel Market, by End Product –Revenue and Forecast to 2028 (US$ Million)

Table 15. List of Abbreviation

LIST OF FIGURES

Figure 1. APAC Plastic to Fuel Market Segmentation

Figure 2. APAC Plastic to Fuel Market Segmentation – By Country

Figure 3. APAC Plastic to Fuel Market Overview

Figure 4. APAC Plastic to Fuel Market, by Technology

Figure 5. APAC Plastic to Fuel Market, by End Product

Figure 6. APAC Plastic to Fuel Market, By Country

Figure 7. APAC – PEST Analysis

Figure 8. APAC Plastic to Fuel Market: Ecosystem Analysis

Figure 9. APAC Plastic to Fuel Market: Impact Analysis of Drivers and Restraints

Figure 10. APAC Plastic to Fuel Market Revenue Forecast and Analysis (US$ Million)

Figure 11. APAC Plastic to Fuel Market, by Technology (2020 & 2028)

Figure 12. APAC Pyrolysis: Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)

Figure 13. APAC Gasification: Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)

Figure 14. APAC Depolymerization: Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)

Figure 15. APAC Plastic to Fuel Market, by End Product (2020 & 2028)

Figure 16. APAC Crude Oil: Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)

Figure 17. APAC Hydrogen: Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)

Figure 18. APAC Others: Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)

Figure 19. APAC: Plastic to Fuel Market, by Key Country – Revenue (2020) (USD Million)

Figure 20. APAC: Plastic to Fuel Market Revenue Share, By Key Country (2020 and 2028)

Figure 21. Australia: Plastic to Fuel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. China: Plastic to Fuel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. India: Plastic to Fuel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. Japan: Plastic to Fuel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. South Korea: Plastic to Fuel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. Rest of APAC: Plastic to Fuel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. Impact of COVID-19 Pandemic in APAC Country Markets

  1. Agilyx
  2. Klean Industries Inc.
  3. MK Aromatics Limited
  4. OMV Aktiengesellschaft
  5. Plastic2Oil, Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC plastic to fuel market.      
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the APAC plastic to fuel market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets  
  • Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the plastic to fuel market, as well as those hindering it  
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution  
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