Global Energy Chemicals and Oil Market from waste plastic - Recovery & Technologies - Recycled Plastics & Plastic Waste , Industry Analysis, Size, Share, Growth, Trends And Forecast, 2014 – 2021 Table of Contents
Global Energy Chemicals and Oil Market from waste plastic - Recovery & Technologies - Recycled Plastics & Plastic Waste , Industry Analysis, Size, Share, Growth, Trends And Forecast, 2014 – 2021
Global market for Energy chemicals and oil market from waste plastic is expected to see a solid growth as the companies are adopting new technologies. Currently almost 80% of the total plastic waste produced is incinerated and converted into Refused define oil(RDF).However, the future of energy recovery market lies in the development of new processes that are eco friendly and will generate fuel with better efficiency.“
The currently used process of incineration has more harmful effects to the environment. Although the cost of conducting the process is lesser than other processes such as biodegradation, gasification & pyrolysis and so on, companies need to go through strict government regulations. The various environmental concerns associated with the process is a major challenge for the industry. Moreover, the energy generated is comparatively of lower cost than the cost of pollution generated during the process. Thus companies are looking forward for alternative and more eco friendly processes and technologies to recover energy from plastic waste. It is found that when compared to landfill disposal, gasification of MSW saves 6.5 to 13 million Btu per ton and 0.3 to 0.6 tons of carbon equivalent emissions per ton.
However, the high cost of establishment of the Waste to Energy plants with new process and technologies is a major entry level barrier in the industry. Moreover, the operational cost for these plants is also high and companies have faced setbacks in various locations due to operational challenges.
In Europe and Asia, gasification and pyrolysis of plastic waste is a usually a done aon a large scale. However, companies have faced various operational issues from the local government. In addition this process of gasification involves burning of mass leading to waste of thermal energy. This is one of the reasons behind slower adoption and challenges associated with its commercialization on a large scale.
Operation green fence by Chinese government has placed a major concern before the U.S. plastic waste management. However, new technologies such as gasification & pyrolysis which are considered as more environment friendly and more efficient can be the right choice for US plastic waste management. Waste management companies should leverage the emerging opportunities in the region. Moreover, agreements with local governments may help to overcome the regulatory issues.
Companies profiled include
1. Agilyx 2. JBI Inc. (Plastic2oil) 3. Covanta Holding Corporation 4. CFP GROUP 5. Cynar PLC 6. RES Polyflow 7. Enerkem 8. Vexor Technology 9. Wheelabrator Technologies
This report covers
The market growth from the period 2014-2021 in different countries and regions including coverage of regulations
The CAGR upto 2021 of market segments by application and type
Market Size, Share, Trends, Opportunities, Regional and Global Demand to understand the fastest growing markets and the factors for growth.
Insights and Analysis of the market
The report covers the market landscape and its growth prospects in the coming years.
Profiling of both established as well as upcoming companies in the market.
Tables, graphs and figures to for a better visceral understanding of the market
Please note: The delivery time for the electronic version of this report is between 1-3 business days to allow the preparation of an updated version prior to dispatch.
The report covers extensive data and detailed discussion of the various waste management efforts in different parts of the world. It discusses the current and emerging technologies and processes for energy recovery from plastic waste. The report forecasts the market numbers for “global energy chemical & oil market from plastic waste from 2013-2021.
The “global energy chemical & oil market from plastic waste” is majorly driven by the development of new and eco friendly processes and techniques to enable effective waste management. Moreover the increasing demand for alternative sources of energy due to fluctuating crude oil prices is a major driver for the market. The market also discusses opportunities and challenges in various geographies, efforts by governments for effective management of plastic waste, and regulatory controls in each of these geographies.
The report will provide an overview of the current industry size and growth expectations from 2013 to 2021 including highlights of key growth stimulators. The detailed country level analysis is of “the global energy chemical & oil market from plastic waste, 2013-2021”, is what makes the report unique.