
Thematic Intelligence: Circular Economy in Oil and Gas
Description
Thematic Intelligence: Circular Economy in Oil and Gas
Summary
The circular economy involves recycling, reusing, and repurposing products to extend their usable lifetime. Among the oil and gas industry’s conventional products, plastics are the most relevant to the circular economy. The use of plastics has skyrocketed in the last few decades and has accelerated plastic pollution in the soil and aquatic environments. The ill effects of plastic waste and the limited nature of fossil fuels used for plastic production have prompted efforts to achieve sustainability with plastics. There is a need for global cooperation among countries and companies to tackle plastic pollution and bring about a circular economy in oil and gas industry.
Scope
- This report discusses the need for circular economy in general and for oil and gas industry in specific.
- It presents GlobalData’s Circular Economy Framework highlighting methods to achieve circular economy.
- It analyzes the growth of plastic waste and the crucial role of oil and gas industry in enabling the circular plastic economy.
- It analyzes market signals in terms of deals and patents related to circular economy in oil and gas.
- The report provides an overview of the competitive positions held by oil and gas companies, and plastic recycling technology vendors in the circular economy theme.
- Identify recent industry, technology, and regulatory trends in the circular plastics economy theme.
- Learn about GlobalData’s Circular Economy Framework for achieving circular economy across diverse applications.
- Understand the regulations that are in place to drive the recycling of plastic waste in support of the circular economy.
- Identify and benchmark key oil and gas companies and plastic recycling technology companies as well as their role in the circular plastics economy theme.
Table of Contents
57 Pages
- Thematic Briefing
- The rise of the circular economy
- The future of the circular economy
- Progress will be driven by regulation and consumer demand
- Deglobalization will impact circular trade
- Society must change the way it views the role of business
- The circular economy will help reduce the impact of climate change
- GlobalData’s Circular Economy Framework
- The circular production cycle
- Renewable materials
- Ecodesign
- Sustainable manufacturing
- Use and reuse
- Recycle
- The circular service cycle
- Refurbish
- Repair
- Share
- Reuse
- Trends
- Industry trends
- Technology trends
- Regulatory trends
- Industry Analysis
- Plastic waste management
- Country-specific plastic recycling targets
- Sustainability with plastics: methodologies and policies
- Plastic waste collection and recyclability
- Alternatives to conventional plastics
- Global cooperation to address plastic pollution
- Impact of the circular economy on the oil and gas industry
- Timeline
- Signals
- M&A trends
- Venture financing trends
- Patent trends
- Companies
- Oil and gas companies
- Plastic recycling technology companies
- Sector scorecard
- Integrated oil and gas sector scorecard
- Who’s who
- Thematic screen
- Valuation screen
- Risk screen
- Glossary
- Further Reading
- GlobalData reports
- Our Thematic Research Methodology
- About GlobalData
- Contact Us
- List of Tables
- Table 1: Industry trends
- Table 2: Technology trends
- Table 3: Regulatory trends
- Table 4: Recycling targets set by some of the major countries and regions around the world
- Table 5: Plastic waste collection and recyclability
- Table 6: Impact of the circular economy on the oil and gas industry
- Table 7: The largest M&A transactions associated with the plastics theme in the last four years
- Table 8: The prominent $300 million+ venture financing deals associated with the circular economy theme in the last four years
- Table 9: Oil and gas companies
- Table 10: Plastic recycling technology companies
- Table 11: Glossary
- Table 12: GlobalData reports
- List of Figures
- Figure 1: There are two approaches to production: the traditional linear model and the circular approach
- Figure 2: GlobalData’s circular economy framework
- Figure 3: Examples of renewable materials that can be used to reduce environmental impact
- Figure 4: Ecodesigning a product takes the entire lifecycle of a product into account at the design stage
- Figure 5: Recycling can be split into consumer or industrial recycling
- Figure 6: Over 60 billion kilograms of e-waste was generated globally in 2022
- Figure 7: Several countries are joining the right-to-repair movement
- Figure 8: The sharing economy model
- Figure 9: Global plastic production hitting new highs
- Figure 10: Less than 10% of the global plastic waste gets recycled.
- Figure 11: Packaging is the largest contributor to global plastic waste
- Figure 12: The circular economy story
- Figure 13: Over 25 venture financing deals for the circular economy in the oil and gas industry took place in 2023
- Figure 14: The US led the circular economy-related patents activity between Jan 2020 and May 2024
- Figure 15: Patent activity in the circular economy theme is largely populated by petrochemical companies
- Figure 16: Who does what in the integrated oil and gas space?
- Figure 17: Thematic screen
- Figure 18: Valuation screen
- Figure 19: Risk screen
- Figure 20: Our five-step approach for generating a sector scorecard
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.