openPR Logo
Press release

Recycled Plastic & Plastic Waste to Oil Technology: Analysis 2016 - 2024

12-08-2016 10:00 AM CET | Energy & Environment

Press release from: Transparency Market Research

Recycled Plastic & Plastic Waste to Oil Technology: Analysis

Transparency Market Research has released a new market report titled “Recycled Plastic & Plastic Waste to Oil Market - Global Industry Analysis, Size, Share, Growth Trends and Forecast, 2016 - 2024.”The report defines and segments the recycled plastic & plastic waste to oil market, providing analysis and forecasts of the global revenue. According to the report, the global recycled plastic & plastic waste to oil market stood at US$542.8 mn in 2014 and is likely to reach US$1,971.4 mn by 2024, expanding at a CAGR of 12.6% between 2016 and 2024.

The global recycled plastic & plastic waste to oil market has been broadly segmented on the basis of plastic type into polyethylene (PE), polyethylene terephthalate (PET), polystyrene (PS), polyvinyl chloride (PVC), polypropylene (PP), and other plastics (acrylic, polycarbonate, polylactic fibers, nylon, and fiberglass). On the basis of technology, the global recycled plastic & plastic waste to oil market has been segmented into pyrolysis, gasification and synthesis, and catalytic depolymerization processes. The global recycled plastic & plastic waste to oil market has also been segmented on the basis on end-fuel into diesel, gasoline, kerosene, synthetic gases, and others.

Get Free PDF Research Brochure for more Professional and Technical Insights: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=5774

Plastic to oil (fuel) process is one of the highly efficient technologies to convert plastic into synthetic crude oil and other petroleum products. Plastic to oil (fuel) systems process feedstock (different types of plastic) and convert it into synthetic crude oil, its distillates, and other refined petroleum products. Plastic to oil (fuel) process not only aids in converting plastic to synthetic crude oil (fuel) but also enables eco-friendly disposal of plastic waste. Plastic to oil (fuel) process is an advanced waste conversion technology that is considered complementary to existing plastic recycling efforts as it usually does not consider plastic resins that are valued by the recycling markets. Plastic to oil (fuel) process is not projected to be a replacement to traditional recycling practices, but due to low plastic recycling rates, it is becoming a feasible addition to plastic waste management infrastructure. Rising environmental concerns across the globe and increasing government and environmental regulations against the disposal of plastics have augmented the sales of plastic to oil (fuel) systems across the globe. Countries dependent on crude oil imports have started adopting plastic to oil (fuel) processes which has also boosted the sales of plastic to oi (fuel) systems. Increasing plastic production globally is also expected to boost the revenues of the recycled plastic & plastic waste to oil market.

Pyrolysis process was the largest technology segment of the global recycled plastic & plastic waste to oil market, accounting for more than 50% of the global share in 2014. Pyrolysis process is expected to dominate the market due to its lower CAPEX requirements as compared to gasification and catalytic depolymerization processes. Polyethylene (PE) was the largest plastic type segment of the global recycled plastic & plastic waste to oil market, accounting for more than 40% of the global share in 2014. Polyethylene (PE) is one of the most preferred plastic types for plastic to oil (fuel) processes owing to its high energy conversion rates. On the basis of end-fuel, diesel was the largest segment, accounting for more than 50% of the global recycled plastic & plastic waste to oil market share in 2014.

The global recycled plastic & plastic waste to oil market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. Europe accounted for more than 35% of the global market share in 2014. Asia Pacific was the second-largest market for recycled plastic & plastic waste to oil in 2014. However, the recycled plastic & plastic waste to oil market in North America and South & Central America are anticipated to grow at fastest rates during the forecast period.

Some of the leading companies in the global recycled plastic & plastic waste to oil market include Agilyx Inc., Cynar Plc, Vadxx Energy LLC, Nexus Fuels, LLC, Clean Blue Technologies Inc., Plastic2Oil Inc. (JBI, Inc.), RES Polyflow, PK Clean, Plastic Advanced Recycling Corporation (PARC), and MK Aromatics Ltd. The report provides an overview of these companies, followed by their financial revenues (on availability), business strategies, key technologies, filed or pending patents, production capacities, and recent developments.

Global Recycled Plastic & Plastic Waste to Oil Market: Plastic Type Analysis

Polyethylene (PE)
Polyethylene Terephthalate (PET)
Polystyrene (PS)
Polyvinyl Chloride (PVC)
Polypropylene (PP)
Other Plastics
Global Recycled Plastic & Plastic Waste to Oil Market: Technology Analysis

Pyrolysis Process
Gasification and Synthesis Process
Catalytic Depolymerization Process
Global Recycled Plastic & Plastic Waste to Oil Market: End-Fuel Analysis

Diesel
Gasoline
Kerosene
Synthetic Gases
Others

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights to decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

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 Recycled Plastic & Plastic Waste to Oil Technology: Analysis 2016 - 2024 here

News-ID: 392796 • Views: 1836

More Releases from Transparency Market Research

Accelerometer Market Future Prospects and Opportunity Assessment Upto 2026
The global Accelerometer market is estimated to attain a valuation of US$ 2,489.6 Mn by the end of 2026, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 0.046 during the forecast period, 2018 to 2026. The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders
Power Supply Market to Perceive Substantial Growth During 2021-2031
A report by Transparency Market Research (TMR) provides 360-degree analysis of the global Power Supply market. Hence, readers get access to thorough assessment of important factors including the growth drivers, challenges, R&Ds, and business expansion opportunities in the market during the forecast period, 2021 to 2031. The key objective of the report is to offer a complete assessment of the global market including major leading stakeholders of the Power Supply industry.
Multifactor Authentication Market is Booming Across the Globe
Transparency Market Research delivers key insights on the global multifactor authentication market. In terms of revenue, the global multifactor authentication market is estimated to expand at a CAGR of 16.08% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global multifactor authentication market. The global multifactor authentication market is broadly affected by several factors, including increase in adoption of
Crawler Camera System Market Sales in Canada till 2027
Across the globe, different types of crawler camera systems are available in the marketplace. These systems are gaining significance also due to their growing adoption for use in different types of pipeline inspections. Crawler camera systems offer various advantages for use in pipeline inspection, as they have a comfortable grip that is helpful to hold the handheld control console for lengthy operations. Also, they are lightweight, robust, and reliable in

All 5 Releases


More Releases for Plastic

Agriculture Film Market SWOT Analysis of Leading Key Players Shandong Tianhe Pla …
HTF MI recently introduced Global Agriculture Film Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are British Polythene Industries (BPI), Trioplast, Berry Plastics, Armando Alvarez, Polypak, Barbier
Building Materials Market 218 : Hepworth, National Plastic Industry, Hira Indust …
Building materials in this report covered the PVC pipes and fittings, PPR pipes and fittings, PE pipes and fittings, fabrication, ducts systems for infrastructure, valves and pumps and electrical conduits PVC systems. At present, Hepworth, National Plastic Industry, Hira Industries, Florance Plastic Industries, Polyfab Plastic Industry, MPI, Union Pipes Industry, ANABEEB, Borouge and ACO Group are the UAE leading suppliers of the building materials, and top ten of them shared about
Yazheng Plastic Netting combined type plastic netting machine
Yazheng Plastic Netting developed combined type plastic netting machine.The combined type plastic netting machine can produce plastic deer fencing, anti bird netting, erosion control netting and plastic filtration netting. The combined type plastic netting machine is 30m long, it is be composed of polypropylene grinding miller, extruding machine, high temperature machine, stretch machine, rolled machine and cut machine. The horizontal thread and vertical thread of nettings that produced by
Global Plastic Pails (Plastic Bucket) Market 2018 Key Players: Jokey Group, BERR …
Qyresearchreports include new market research report "Global Plastic Pails (Plastic Bucket) Sales Market Report 2018" to its huge collection of research reports. In this report, the global Plastic Pails (Plastic Bucket) market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Several regional and global trends account for the attractive
Plastic Closure Market – Analysis of Plastic Closure Test Growth, Plastic Clos …
The latest market intelligence study on Plastic Closure market relies on statistics derived from the application of both primary and secondary research to present insights pertaining to the operational model, opportunities and competitive landscape of Plastic Closure market for the forecast period, 2017 - 2022. Get Access to Sample Pages@ https://www.marketexpertz.com/sample-enquiry-form/142 Importantly, the research taps critical data about the niche segments, market share, size, and growth rate to offer business
Recycled Plastic & Plastic Waste to Oil Market Analysis : TMR
There is a growing need for recycling the plastic and plastic waste. Various major companies are now concentrating on developing new waste-conversion technologies. Some of the major corporates in the global recycled plastic and plastic waste to oil market are Agilyx Inc., Cynar Plc, Vadxx Energy LLC, Nexus Fuels LLC, Clean Blue Technologies Inc., JBI Inc., RES Polyflow, PK Clean, Plastic Advanced Recycling Corporation (PARC), and MK Aromatics Ltd. These