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Solid Recovered Fuel (SRF) Market Analysis, Trends and Dynamic Demand by Forecast

12-26-2022 11:42 AM CET | Energy & Environment

Press release from: Analytics Market Research

Solid Recovered Fuel (SRF) Market

Solid Recovered Fuel (SRF) Market

SRF, sometimes referred to as refuse-derived fuel (RDF), is a type of solid recovered fuel that is made from unrecyclable and challenging-to-treat wastes. The most typical RDF feedstock consists of MSW, such as paper, rubber, plastics, and textiles, which are typically dumped in landfills or burned at low temperatures. Biomass and other non-recyclable waste products, including commercial, industrial, and agricultural wastes, etc., can also be used to make RDF.

The market is divided into Low Grade: 10 MJ/Kg and High Grade: >10 MJ/Kg categories based on kinds.
Low Grade: 15MJ/Kg
The calorific value of high-grade solid recovered fuel (SRF) is greater (>15MJ/Kg), indicating that it is more effective. A lot of cement factories, lime kilns, and coke oven batteries employ high-grade SRFs because of their ability to create steam or process heat. The high-grade SRF is primarily used to generate steam, which is then used in a variety of sectors, including coke oven batteries, lime kilns, and cement factories.

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The market is divided into Cement Plants, Lime Plants, Coal-Fired Power Plants, and Combined Heat and Power on the basis of application (CHP).

Cement Plants
Up to 20% of the raw materials used in cement plants are substituted by SRF. When compared to conventional fuels, the usage of SRF reduces emissions by roughly 15%, improving sustainability and lowering greenhouse gas (GHG) emissions. This aids cement plants in achieving their carbon footprint reduction goals, especially given the various areas' shifting regulatory regimes.

Lime Plants
Solid Recovered Fuel (SRF) is used in the lime plants to produce energy. We can utilise the fuel by using turbines and generators to turn it into electricity, reducing our reliance on non-renewable energy sources like coal and oil. Additionally, it aids in lowering greenhouse gas emissions, including those of carbon dioxide.

Coal-Fired Power Plants
Electricity is produced at coal-fired power plants using the SRF. When compared to traditional fuels, it conserves energy, lowers carbon dioxide emissions, and improves environmental quality. The SRFs are combustible fuel materials that have been recovered from solid waste and can be burned to replace fossil fuels like coal, natural gas, and others in a positive way.

Market Segmentation
Global Solid Recovered Fuel (SRF) Market: Major Players
N+P Recycling
Saxlund International
Veolia
Biffa
SUEZ
Lindner
Andusia
Geminor
Ecomondis
EcoUrja Renewable Energy

Global Solid Recovered Fuel (SRF) Market: By Types
Low Grade: 10 MJ/Kg

Global Solid Recovered Fuel (SRF) Market: By Applications
Cement Plants
Lime Plants
Coal Fired Power Plants
Combined Heat and Power (CHP)
Other

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Global Solid Recovered Fuel (SRF) Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Solid Recovered Fuel (SRF) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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