- Â Domestic Waste
- Institutional Waste
- Industrial Waste
- Medical Waste
- Tyres
- Others
Plastic To Fuel Market size is valued at USD 2,148.9 million in 2021 and is expected to grow at a prominent growth rate 28.8% during the forecast period 2022 to 2028. The global market provides a detailed overview of the global Plastic to Fuel market, and that can be segmented by Source, by Type of Plastic, by Depolymerization, and by Type of Fuel. By source, the global Plastic To Fuel market has been segmented into Domestic Waste, Institutional Waste, Industrial Waste, Medical Waste, Tyres, Others. The Domestic Waste Plastic To Fuel segment is likely to be the largest and fastest-growing segment in terms of type. Based on type of plastic, the global Plastic To Fuel market is segmented into High Density Polyethylene, Low Density Polyethylene, Polypropylene, Polystyrene, Polyvinyl Chloride, Polyethylene Terephthalate, Others. Among these, the High Density Polyethylene segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on Depolymerization, the global Plastic To Fuel market is segmented into Thermal Degradation, Catalytic Degradation. The Thermal Degradation segment accounts for the largest share in 2021. Based on fuel type, the global Plastic To Fuel market is segmented into Diesel, Gasoline, Furnace Oils, Others. The diesel segment accounts for the largest share in 2021.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
Making fuel from such non-recycled plastic materials is one of the creative and novel ways to use them safely. Utilizing the products provided by the participants in the worldwide plastic-to-fuel (PTF) market enables this procedure.
The global Plastic To Fuel market size is valued at USD 2,148.9 million in 2021 and is expected to grow at a prominent growth rate during the forecast period 2022 to 2028.
It is anticipated that the trend toward waste-to-fuel initiatives would open up profitable business opportunities for the expansion of the plastic-to-fuel market.
The key players are Vadaxx Energy, Plastic2Oil, RES Polyflow, Green Envirotec Holdings LLC, Agilyx Corporation, JBI Inc., Envion. Shangqiu Sihai Machinery Equipment Manufacturing Co., Ltd., Beston (Henan) Machinery Co., Ltd., Zhangzhou Qiyu Renewable Energy Technology Co., Ltd.
1. Executive Summary |
2. Global Plastic To Fuel Market Introduction |
2.1. Global Plastic To Fuel Market – Taxonomy |
2.2. Global Plastic To Fuel Market –Definitions |
2.2.1. Source |
2.2.2. Type of Plastic |
2.2.3. Depolymerization |
2.2.4. Type of Fuel |
3. Global Plastic To Fuel Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Plastic To Fuel Market Dynamic Factors - Impact Analysis |
3.6. Global Plastic To Fuel Market – Competition Landscape |
4. Global Plastic To Fuel Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 |
4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Plastic To Fuel Market Forecast, By Source, 2017 - 2021 and Forecast, 2022 - 2028 |
5.1. Domestic Waste |
5.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Institutional Waste |
5.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Industrial Waste |
5.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Medical Waste |
5.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Tyres |
5.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
5.6. Others |
5.6.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.6.3. Market Opportunity Analysis |
6. Global Plastic To Fuel Market Forecast, By Type of Plastic, 2017 - 2021 and Forecast, 2022 - 2028 |
6.1. High Density Polyethylene |
6.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Low Density Polyethylene |
6.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Polypropylene |
6.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Polystyrene |
6.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Polyvinyl Chloride. |
6.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Polyethylene Terephthalate |
6.6.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
6.7. Others |
6.7.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.7.3. Market Opportunity Analysis |
7. Global Plastic To Fuel Market Forecast, By Depolymerization, 2017 - 2021 and Forecast, 2022 - 2028 |
7.1. Thermal Degradation |
7.1.1. Pyrolysis |
7.1.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.1.3. Market Opportunity Analysis |
7.1.2. Gasification |
7.1.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.2.3. Market Opportunity Analysis |
7.1.3. Hydrogenation |
7.1.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3.3. Market Opportunity Analysis |
7.2. Catalytic Degradation |
7.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
8. Global Plastic To Fuel Market Forecast, By Type of Fuel, 2017 - 2021 and Forecast, 2022 - 2028 |
8.1. Diesel |
8.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Gasoline |
8.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Furnace Oils |
8.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Others (Gaseous) |
8.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
9. Global Plastic To Fuel Market Forecast, By Region, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)Â |
9.1. North America |
9.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia-Pacific |
9.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Latin America |
9.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Middle East and Africa |
9.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
9.6. Global Plastic To Fuel Market - Opportunity Analysis Index, By Source, By Type of Plastic, By Depolymerization, By Fuel Type and Region, 2022 - 2028 |
10. North America Plastic To Fuel Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)Â |
10.1. By Source Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.1.1. Domestic Waste |
10.1.2. Institutional Waste |
10.1.3. Industrial Waste |
10.1.4. Medical Waste |
10.1.5. Tyres |
10.1.6. Others |
10.2. By Type of Plastic Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.2.1. High Density Polyethylene |
10.2.2. Low Density Polyethylene |
10.2.3. Polypropylene |
10.2.4. Polystyrene |
10.2.5. Polyvinyl Chloride. |
10.2.6. Polyethylene Terephthalate |
10.2.7. Others |
10.3. By Depolymerization Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Thermal Degradation |
10.3.1.1. Pyrolysis |
10.3.1.2. Gasification |
10.3.1.3. Hydrogenation |
10.3.2. Catalytic Degradation |
10.4. By Fuel Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.4.1. Diesel |
10.4.2. Gasoline |
10.4.3. Furnace Oils |
10.4.4. Others (Gaseous) |
10.5. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.5.1. USA |
10.5.2. Canada |
10.6. North America Plastic To Fuel Market - Opportunity Analysis Index, By Source, By Type of Plastic, By Depolymerization, By Type of Fuel and Country, 2022 - 2028 |
10.7. North America Plastic To Fuel Market Dynamics – Trends |
11. Europe Plastic To Fuel Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)Â |
11.1. By Source Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.1.1. Domestic Waste |
11.1.2. Institutional Waste |
11.1.3. Industrial Waste |
11.1.4. Medical Waste |
11.1.5. Tyres |
11.1.6. Others |
11.2. By Type of Plastic Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.2.1. High Density Polyethylene |
11.2.2. Low Density Polyethylene |
11.2.3. Polypropylene |
11.2.4. Polystyrene |
11.2.5. Polyvinyl Chloride. |
11.2.6. Polyethylene Terephthalate |
11.2.7. Others |
11.3. By Depolymerization Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Thermal Degradation |
11.3.1.1. Pyrolysis |
11.3.1.2. Gasification |
11.3.1.3. Hydrogenation |
11.3.2. Catalytic Degradation |
11.4. By Fuel Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.4.1. Diesel |
11.4.2. Gasoline |
11.4.3. Furnace Oils |
11.4.4. Others (Gaseous) |
11.5. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.5.1. Germany |
11.5.2. UK |
11.5.3. France |
11.5.4. Spain |
11.5.5. Italy |
11.5.6. Russia |
11.5.7. Poland |
11.5.8. Rest of Europe |
11.6. Europe Plastic To Fuel Market - Opportunity Analysis Index, By Source, By Type of Plastic, By Depolymerization, By Type of Fuel and Country, 2022 - 2028 |
11.7. Europe Plastic To Fuel Market Dynamics – Trends |
12. Asia-Pacific Plastic To Fuel Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)Â |
12.1. By Source Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.1.1. Domestic Waste |
12.1.2. Institutional Waste |
12.1.3. Industrial Waste |
12.1.4. Medical Waste |
12.1.5. Tyres |
12.1.6. Others |
12.2. By Type of Plastic Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.2.1. High Density Polyethylene |
12.2.2. Low Density Polyethylene |
12.2.3. Polypropylene |
12.2.4. Polystyrene |
12.2.5. Polyvinyl Chloride. |
12.2.6. Polyethylene Terephthalate |
12.2.7. Others |
12.3. By Depolymerization Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Thermal Degradation |
12.3.1.1. Pyrolysis |
12.3.1.2. Gasification |
12.3.1.3. Hydrogenation |
12.3.2. Catalytic Degradation |
12.4. By Fuel Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Diesel |
12.4.2. Gasoline |
12.4.3. Furnace Oils |
12.4.4. Others (Gaseous) |
12.5. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.5.1. Japan |
12.5.2. China |
12.5.3. India |
12.5.4. ASEAN |
12.5.5. Australia & New Zealand |
12.5.6. Rest of Asia-Pacific |
12.6. Asia-Pacific Plastic To Fuel Market - Opportunity Analysis Index, By Source, By Type of Plastic, By Depolymerization, By Type of Fuel and Country, 2022 - 2028 |
12.7. Asia-Pacific Plastic To Fuel Market Dynamics – Trends |
13. Latin America Plastic To Fuel Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)Â |
13.1. By Source Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.1.1. Domestic Waste |
13.1.2. Institutional Waste |
13.1.3. Industrial Waste |
13.1.4. Medical Waste |
13.1.5. Tyres |
13.1.6. Others |
13.2. By Type of Plastic Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.2.1. High Density Polyethylene |
13.2.2. Low Density Polyethylene |
13.2.3. Polypropylene |
13.2.4. Polystyrene |
13.2.5. Polyvinyl Chloride. |
13.2.6. Polyethylene Terephthalate |
13.2.7. Others |
13.3. By Depolymerization Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.3.1. Thermal Degradation |
13.3.1.1. Pyrolysis |
13.3.1.2. Gasification |
13.3.1.3. Hydrogenation |
13.3.2. Catalytic Degradation |
13.4. By Fuel Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.4.1. Diesel |
13.4.2. Gasoline |
13.4.3. Furnace Oils |
13.4.4. Others (Gaseous) |
13.5. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.5.1. Brazil |
13.5.2. Mexico |
13.5.3. Argentina |
13.5.4. Rest of Latin America |
13.6. Latin America Plastic To Fuel Market - Opportunity Analysis Index, By Source, By Type of Plastic, By Depolymerization, By Type of Fuel and Country, 2022 - 2028 |
13.7. Latin America Plastic To Fuel Market Dynamics – Trends |
14. Middle East and Africa Plastic To Fuel Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)Â |
14.1. By Source Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.1.1. Domestic Waste |
14.1.2. Institutional Waste |
14.1.3. Industrial Waste |
14.1.4. Medical Waste |
14.1.5. Tyres |
14.1.6. Others |
14.2. By Type of Plastic Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.2.1. High Density Polyethylene |
14.2.2. Low Density Polyethylene |
14.2.3. Polypropylene |
14.2.4. Polystyrene |
14.2.5. Polyvinyl Chloride. |
14.2.6. Polyethylene Terephthalate |
14.2.7. Others |
14.3. By Depolymerization Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.3.1. Thermal Degradation |
14.3.1.1. Pyrolysis |
14.3.1.2. Gasification |
14.3.1.3. Hydrogenation |
14.3.2. Catalytic Degradation |
14.4. By Fuel Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.4.1. Diesel |
14.4.2. Gasoline |
14.4.3. Furnace Oils |
14.4.4. Others (Gaseous) |
14.5. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
14.5.1. Gulf Cooperation Council (GCC) Countries |
14.5.2. Israel |
14.5.3. South Africa |
14.5.4. Rest of MEA |
14.6. MEA Plastic To Fuel Market - Opportunity Analysis Index, By Source, By Type of Plastic, By Depolymerization, By Type of Fuel and Country, 2022 - 2028 |
14.7. MEA Plastic To Fuel Market Dynamics – Trends |
15. Competition Landscape |
15.1. Strategic Dashboard of Top Market Players |
15.2. Company Profiles (Introduction, Financial Analysis, Feedstock Material & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
15.2.1. Agilyx |
15.2.2. Vadxx |
15.2.3. Plastic 2 Oils, Inc |
15.2.4. Klean Industries |
15.2.5. Neste |
15.2.6. Nexus Fuels LLC. |
15.2.7. Paterson Energy |
15.2.8. MK Aromatics Limited |
15.2.9. CbS Technologies |
15.2.10. Northwood Exploration Israel Limited |
15.2.11. Anhui Oursun Environmental Technologies |
15.2.12. POLCYL |
15.2.13. RES Polyflow |
15.2.14. BIOFABRIK |
15.2.15. Niutech |
15.2.16. Plastic Energy |
16. Research Methodology |
17. Key Assumptions and Acronyms |