openPR Logo
Press release

Plastic-To-Fuel Market Projected to Gain Significant Value by -2025

01-24-2020 12:44 PM CET | Associations & Organizations

Press release from: Plastic-To-Fuel Market

"The biggest drawback of plastic products is that they are unrecyclable and can only be disposed of thereby causing pollution. However, waste plastic to fuel conversion is on the rise. Waste plastic-to-fuel conversion minimizes the dumping of plastic waste and turns it into a useful product. It also produces clean fuel which is highly being used as a source of energy. The biggest benefit of plastic-to-fuel technology is it can convert non-recycled plastic into useful products. Offering an eco-friendly and cost-effective opportunity, governments across the world are trying to promote plastic-to-fuel technology and reduce dependency on crude oil.

According to the report by Market Growth Analysis, the U.S. plastic research -to-fuel market is anticipated to reach XX million in 2025, registering XX% CAGR during 2018-2025. Leading players are using pyrolysis technology for converting waste plastic into fuel. However, companies are modifying processes, which have been patented as proprietary technology. Moreover, pyrolysis technology is not considered eligible for recycling grants by the government, as it is called as conversion and not recycling technology. Also, most of the major companies are planning to expand in coming years by joining hands with local municipalities and waste plastic feedstock providers.

Request For Report Sample:http://www.marketgrowthanalysis.com/reports/sample/67

U.S. Plastic-to-fuel market on the basis of following segments:

o Revenue generation model

o Fuel

o Processors

o Royalties

o End Products

o Crude Oil

o Diesel

Get Request for Toc:http://www.marketgrowthanalysis.com/reports/toc/67

Innovate technologies to convert non-recycled plastic into petroleum-based products

New technologies are being used to convert non-recycled plastic into various petroleum products to produce energy and help reduce greenhouse gas emission. The new set of technologies to convert non-recycled plastic into fuels vary but the procedure is same. These technologies are especially being implemented where fuel prices are high. Hence more new technologies are being discovered. For instance, researchers have developed small-scale reactors that can convert waste plastic into diesel fuel.

This machine is flexible and can fit in a 20-foot shipping container, making it easy to transport to the plastic waste area. The small and medium-scale can convert between 100 to 10,000 pounds of plastic each day. That can create around 10 to 1,000 gallons of fuel per day. The reactor uses metallocene catalyst that can yield diesel fuel at low temperature, thereby reducing the cost of energy while running the machine.

Plastic-to-fuel Technology Can Result in Eco-friendly and Cost-effective Energy

Companies are also entering into partnerships and mergers and acquisitions to introduce new and innovative technologies and to expand geographically. For example, PK Clean Technologies has entered into a partnership with Sustane Technologies to introduce plastic-to-synthetic diesel plant in Canada. The plant will be able to process 70,000 tons of solid waste and is said to produce around 832,142 gallons of synthetic diesel each year. It will use a continuous process that maintains a consistent temperature, providing energy-efficiency. Moreover, due to automation it also reduces labor costs. Other companies are also coming up with new technologies and processes to convert waste plastic into fuels.

A research conducted by U.S. Department of Energy's Argonne National Laboratory shows that pyrolysis plastic-to-fuel technology can save water and energy and can also reduce greenhouse gas emission. It can reduce up to 14% greenhouse gas emission, energy consumption can be reduced by XX% and XX% water consumption reduction.

Key players in plastic-to-fuel business in the U.S. are Plastic2Oil, Vadaxx Energy, Agilyx Corporation and RES Polyflow. The companies active in the market are undergoing expansion plans within and outside the countries. However, one of the key players in the market recently announced closure of one of the plastic-to-oil production facility"



Make an enquiry before Buying:http://www.marketgrowthanalysis.com/reports/buy/67

Contact Us:

Unit 15A/7, capsquare residence
NO.02 Persia ran capsquare
kualalumpur Malaysia Postcode - 5000
Email: sales@marketgrowthanalysis.com
Websites: http://www.marketgrowthanalysis.com/

Market Growth Analysis is one of the leading digital services provider and a result-oriented company based in Malaysia. We are a team of enthusiastic-driven individuals with top notch skills in SEO , Market research. Market Growth Analysis is a one stop shop to all your business needs. We help you thrive and succeed. We provide research solution.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Plastic-To-Fuel Market Projected to Gain Significant Value by -2025 here

News-ID: 1907772 • Views: 493

More Releases from Plastic-To-Fuel Market

Plastic-To-Fuel Market Key Development Opportunities 2025
The biggest drawback of plastic products is that they are unrecyclable and can only be disposed of thereby causing pollution. However, waste plastic to fuel conversion is on the rise. Waste plastic-to-fuel conversion minimizes the dumping of plastic waste and turns it into a useful product. It also produces clean fuel which is highly being used as a source of energy. The biggest benefit of plastic-to-fuel technology is it can
Plastic-To-Fuel Market Pegged for Robust Expansion During 2025
"The biggest drawback of plastic products is that they are unrecyclable and can only be disposed of thereby causing pollution. However, waste plastic to fuel conversion is on the rise. Waste plastic-to-fuel conversion minimizes the dumping of plastic waste and turns it into a useful product. It also produces clean fuel which is highly being used as a source of energy. The biggest benefit of plastic-to-fuel technology is it can
Plastic-To-Fuel Market Growth Analysis By Manufacturers, Regions, Types and Appl …
"The biggest drawback of plastic products is that they are unrecyclable and can only be disposed of thereby causing pollution. However, waste plastic to fuel conversion is on the rise. Waste plastic-to-fuel conversion minimizes the dumping of plastic waste and turns it into a useful product. It also produces clean fuel which is highly being used as a source of energy. The biggest benefit of plastic-to-fuel technology is it can
Plastic-To-Fuel Market to Witness Heightened Revenue Growth During the Forecast …
The biggest drawback of plastic products is that they are unrecyclable and can only be disposed of thereby causing pollution. However, waste plastic to fuel conversion is on the rise. Waste plastic-to-fuel conversion minimizes the dumping of plastic waste and turns it into a useful product. It also produces clean fuel which is highly being used as a source of energy. The biggest benefit of plastic-to-fuel technology is it can

All 5 Releases


More Releases for XX%

Lenalidomide market size was US$ XX million and it is expected to reach US$ XX m …
Lenalidomide Market Research Report LOS ANGELES, United States: QY Research has recently published a research report titled, “Global Lenalidomide Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026". This report has been prepared by experienced and knowledgeable market analysts and researchers. It is a phenomenal compilation of important studies that explore the competitive landscape, segmentation, geographical expansion, and revenue, production, and consumption growth of the global Lenalidomide market. Players
Human Vaccine market size was US$ XX million and it is expected to reach US$ XX …
Human Vaccine Market Research Report LOS ANGELES, United States: QY Research has recently published a research report titled, “Global Human Vaccine Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026". This report has been prepared by experienced and knowledgeable market analysts and researchers. It is a phenomenal compilation of important studies that explore the competitive landscape, segmentation, geographical expansion, and revenue, production, and consumption growth of the global Human
Duchenne Muscular Dystrophy market size was US$ XX million and it is expected to …
Duchenne Muscular Dystrophy Market Research Report LOS ANGELES, United States: QY Research has recently published a research report titled, “Global Duchenne Muscular Dystrophy Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026". This report has been prepared by experienced and knowledgeable market analysts and researchers. It is a phenomenal compilation of important studies that explore the competitive landscape, segmentation, geographical expansion, and revenue, production, and consumption growth of the
Interferon market size was US$ XX million and it is expected to reach US$ XX mil …
Interferon Market Research Report LOS ANGELES, United States: QY Research has recently published a research report titled, “Global Interferon Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026". This report has been prepared by experienced and knowledgeable market analysts and researchers. It is a phenomenal compilation of important studies that explore the competitive landscape, segmentation, geographical expansion, and revenue, production, and consumption growth of the global Interferon market. Players
Insulin Lispro market size was US$ XX million and it is expected to reach US$ XX …
Insulin Lispro Market Research Report LOS ANGELES, United States: QY Research has recently published a research report titled, “Global Insulin Lispro Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026". This report has been prepared by experienced and knowledgeable market analysts and researchers. It is a phenomenal compilation of important studies that explore the competitive landscape, segmentation, geographical expansion, and revenue, production, and consumption growth of the global Insulin
global smart thermostats Market worth US$ XX Billion 2029 with a CAGR of XX%
The global smart thermostats market accounted for US$ 1.5 billion in 2019 and is estimated to be US$ 12.5 billion by 2029 and is anticipated to register a CAGR of 23.5% The report "Global Smart Thermostats Market, By Component (Display, Motion Sensor, Humidity Sensor, Temperature Sensor, and Others), By Network Technology (Wired Technology and Wireless Technology (Wi-Fi, Z-Wave, Zigbee, and Bluetooth)), By Application (Residential, Commercial, Industrial, and Others), and By Region