Europe Plastic to Fuel Market to Grow at a CAGR of 13.8% to reach US$ 120.42 million from 2021 to 2028

The Europe plastic to fuel market is expected to grow from US$ 48.60 million in 2021 to US$ 120.42 million by 2028; it is estimated to grow at a CAGR of 13.8% from 2021 to 2028.

The UK, Germany, France, Italy, and Russia are major economies in Europe. Surging energy requirement is expected to fuel the market growth. Electricity is at the heart of modern economies, and it accounts for an increasing proportion of energy services. As a result of increased family incomes, electrification of transportation and heat, and a rise in demand for digital linked gadgets and air conditioning, the energy demand is expected to rise even more. Based on the current stated policies Scenario, the electricity consumption will grow at a rate of 2.1% per year until 2040, more than double the rate of primary energy demand. As a result, electricity's share of total final energy consumption will increase from 19% in 2018 to 24% in 2040. In emerging nations, the increase in energy consumption is projected to be particularly large. Government policies, market conditions, and available technology all work together in the Stated Policies Scenario to shift energy supply toward low-carbon sources, with their share growing from 36% (current share) to 52% in 2040. Furthermore, the rising electricity demand was one of the main reasons why CO2 emissions from the power sector reached a new high in 2018. However, the commercial availability of a diverse range of low-emission generation technologies places electricity at the forefront of efforts to combat climate change and pollution, which is increasing the demand for alternate solutions, thereby resulting in PTF market expansion across Europe region.

In case of COVID-19, Europe is highly affected specially France and Russia. Businesses in the region face severe economic difficulties as they had to suspend their operations or substantially reduce their activities. Due to nationwide lockdowns and supply chain disruptions, the countries in the region experienced an economic slowdown in 2020 and, most likely, the impacts are expected to prevail in 2021. The COVID-19 outbreak has triggered the use of plastic in the European however, the plastic to fuel recyclers struggled to source sufficient volume of plastic waste to convert the same to fuel. This hindered the market players annual sale, thereby, impacted the plastic to fuel market negatively. Due to the disruption in businesses of market players caused from supply of plastic waste, the market players in Europe have adopted numerous strategies. For instance, in 2020, Viridor and PLASTIC ENERGY have signed a Memorandum of Understanding (MoU) to develop a new project which would convert up to 30,000 tonnes of unrecycled plastic to recycled oils every year. Similarly, UK’s first plastic to hydrogen plant nears construction, as the Front-End Engineering Design (FEED) phase has completed. Likewise, Clariant and VUCHT, a part of Duslo, Slovakia, are transforming plastic to diesel. The two companies signed an agreement in 2020 towards implementing the strategy to develop winter diesel from plastic waste.

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 Europe plastic to fuel market. The Europe plastic to fuel market is expected to grow at a good CAGR during the forecast period.

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Europe Plastic to Fuel Market Segmentation

Europe Plastic to Fuel Market – By Technology

Pyrolysis
Gasification
Depolymerization

Europe Plastic to Fuel Market – By End Product

Crude Oil
Hydrogen
Others

Europe Plastic to Fuel Market, by Country

France
Germany
Italy
UK
Russia
Rest of Europe

Europe Plastic to Fuel Market -Companies Mentioned

Agilyx
Cassandra Oil AB
Klean Industries Inc.
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. Europe Plastic to Fuel Market Landscape

4.1 Market Overview

4.2 Europe PEST Analysis

4.3 Ecosystem Analysis

5. Europe Plastic to Fuel Market – Key Market Dynamics

5.1 Market Drivers

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

5.1.2 Surging Energy Requirement

5.2 Market Restraints

5.2.1 Issues Regarding Usage of Non-renewable Energy Sources

5.3 Market Opportunities

5.3.1 Rising Go Green Process

5.4 Future Trends

5.4.1 Growing Waste to Fuel Initiatives

5.5 Impact Analysis of Drivers and Restraints

6. Plastic to Fuel Market – Europe 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 Analysis– By Technology

7.1 Overview

7.2 Europe 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. Europe Plastic to Fuel Market Analysis– By End Product

8.1 Overview

8.2 Europe 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. 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. Impact of COVID-19 Pandemic on Europe Plastic to Fuel Market

10.1 Europe

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 Cassandra Oil AB

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. Europe Plastic to Fuel Market Revenue and Forecast to 2028 (US$ Million)

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 15. 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 (2020 & 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 (2020 & 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 (2020) (USD Million)

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

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

Agilyx
Cassandra Oil AB
Klean Industries Inc.
OMV Aktiengesellschaft
Plastic2Oil, Inc.

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe 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 Europe 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 Europe 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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TIPRE00025222

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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)