Press release
How Solid Recovered Fuel Market Will Dominate In Coming Years? Key Players: Veolia, Machinex, Enva, PAPREC, BMH Technology Oy, SUEZ UK, Herambiente, Ferrovial, JFE Engineering Corp, Beauparc Group, Axion Group, Environnement 48, MTB, and Andusia Holdings
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/solid-recovered-fuel-market-101463
Fortune Business Insights(TM) profiles some of the renowned companies present in the solid recovered fuel market. They are as follows:
o MTB
o Veolia
o Environnement 48
o Machinex
o Andusia Holdings Limited
o BMH Technology Oy
o Axion Group
o Enva
o Beauparc Group
o PAPREC
o JFE Engineering Corp
o Herambiente
o SUEZ UK
o Ferrovial
Key Market Driver - Growing electricity demand from clean fuels
Key Market Restraint - High cost of processing infrastructure
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Highlights of the Report
o Elaborate analysis of solid recovered fuel market trends, growth drivers, hindrances, opportunities, and other related challenges.
o Forecast and historical solid recovered fuel market revenue concerning significant regions.
o Analysis of competitive landscape, namely, contracts, strategic collaborations, new product launches, research and development activities, and acquisitions.
Biodegradable Waste Segment to Dominate Owing to Better Availability
In terms of waste type, the market is segregated into inert waste, composite waste, biodegradable waste, and recyclable waste. Out of these, the biodegradable waste segment is likely to dominate the market owing to its better availability. It includes food, kitchen, paper, and other green wastes. The recyclable waste segment, on the other hand, includes everyday trashes, such as cans, fabrics, glass, bottles, plastics, clothes, and more. They are easily collected for coherent operations.
Presence of Bulk-sized Plants with Novel Solutions to Favor Growth in North America
Geographically, the market is fragmented into Europe, Asia Pacific, North America, the Middle East and Africa, and Latin America. Amongst these, North America is expected to experience significant growth owing to the presence of numerous huge plants that are equipped with innovative solutions for smooth operation. Europe is set to hold a considerable solid recovered fuel market share during the forthcoming years because of the green energy directives that have been put forward by the European Union. Additionally, a substantial amount of solid recovered fuel producers in this region will also augment growth. Asia Pacific, on the other hand, is set to showcase good growth owing to the development of large industrial infrastructure as well as the rising demand for electricity. It would increase the solid recovered fuel market size in this region.
Key Players Focus on Acquisitions & Gaining New Orders to Strengthen Position
Prominent companies present in the market are constantly striving to gain the maximum solid recovered fuel market share. They are doing so by bagging new orders from other reputed companies and through mergers and acquisitions. Below are two of the latest key industry developments:
o June 2019: BMH Technology, a cleantech company, headquartered in Finland, declared that it has signed a new contract to provide a two-line Tyrannosaurus solid recovered fuel production plant to Six Construct Ltd. Co., located in the U.A.E. It will turn local waste into premium quality standardized fuel. As per the company, the production capacity of the plant will be over 300.000 tons per year. It will mainly supply local cement kilns with solid recovered fuel by replacing fossil fuel. The contract is worth 23,5 million euros.
o July 2018: Enva, a provider of water and laboratory services, based in the U.K., announced that it has acquired GP Green Recycling, a recoverer of organic waste, headquartered in South Lanarkshire. As per the officials of Enva, GP Green Recycling produces top-quality soil conditioner and organic compost with a wide range of applications. It is gradually transforming the waste material into a valuable product. This acquisition would aid Enva in gaining the opportunity to accelerate and support the future developments of GP solutions.
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Key Segmental Overview:
o By Waste Type
o By Application
o By Geography
Segmentation
1. By Waste Type
o Recyclable Material
o Biodegradable Waste
o Composite Wastes
o Inert Waste
2. By Application
o Cement Kiln
o CHP
o Others
3. By Geography
o North America (The USA and Canada)
o Europe (UK, Germany, France, Italy, Spain, Russia, and Rest of Europe)
o Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
o Latin America (Brazil, Mexico, and Rest of Latin America)
o Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)
Key Industry Developments
o In June 2019, BMH Technology announced to deliver TYRANNOSAURUS SRF generation facilities to UAE based Six Construct Ltd. Co. The plant is projected to supply solid recovered fuel primarily to the cement kilns and is set to have a production capacity of over 300,000 tons per annum.
o In July 2018, Enva declared to acquire GP Green Recycling Limited, a recovering and recycling company located in Scotland. The acquisition aims at producing various products for a diverse range of applications and enhances the company's foothold in the region.
o In June 2018, Beauparc was granted with a 10-year contract to provide Ireland based Logan cement plant with an expected capacity of around 80,000 tonnes of SRF per year. The agreement targets to improve sustainable fuel utilization and thereby increase the company's organic growth.
Regional Analysis:
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East & Africa
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Major Table of Content For Solid Recovered Fuel Market:
1. Introduction
2. Executive Summary
3. Market Dynamics
4. Key Insights
5. Global Solid Recovered Fuel Market Analysis, Insights and Forecast, 2026
6. North America Solid Recovered Fuel Market Analysis, Insights and Forecast, 2026
7. Europe Solid Recovered Fuel Market Analysis, Insights and Forecast, 2026
8. Asia Pacific Solid Recovered Fuel Market Analysis, Insights and Forecast, 2026
9. Middle East and Africa Solid Recovered Fuel Market Analysis, Insights and Forecast, 2026
10. Latin America Solid Recovered Fuel Market Analysis, Insights and Forecast, 2026
11. Competitive Landscape
12. Company Profile
13. Conclusion
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Pune - 411045, Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
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