Argentina Plastic To Fuel Market Size & Outlook, 2023-2030
Argentina plastic to fuel market, 2018-2030 (US$M)
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Argentina plastic to fuel market highlights
- The Argentina plastic to fuel market generated a revenue of USD 0.7 million in 2023 and is expected to reach USD 1.1 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, gasification was the largest revenue generating technology in 2023.
- Pyrolysis is the most lucrative technology segment registering the fastest growth during the forecast period.
Plastic to fuel market data book summary
| Market revenue in 2023 | USD 0.7 million |
| Market revenue in 2030 | USD 1.1 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Gasification |
| Fastest growing segment | Pyrolysis |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pyrolysis, Gasification |
| Key market players worldwide | Plastic2Oil Inc, Neste OYJ, Agilyx ASA Ordinary Shares |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.1% of the global plastic to fuel market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil plastic to fuel market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 1.1 million by 2030.
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Plastic To Fuel Market Scope
Plastic To Fuel Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina plastic to fuel market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to plastic to fuel market will help companies and investors design strategic landscapes.
Gasification was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Argentina plastic to fuel market based on pyrolysis, gasification covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina became one of the largest importers of plastic waste because in August 2019, Argentinian president Mauricio Macri signed decree 591/2019, which reclassified plastic waste as a commodity instead of a waste product, which makes easier for waste management and recycling companies to import plastic waste.
Argentina lacks an effective recycling system, which forces more plastic waste ending up in landfills that could be efficiently recycled and converted into fuel. In order to increase the recycling rate, the country is focusing on building recycling plants.
In Argentina, most of the recycling plants are run by cartoneros, which process around 10 metric tons of plastic waste in a day. Hence, it is expected to drive the market in Argentina over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina plastic to fuel market , including forecasts for subscribers. This country databook contains high-level insights into Argentina plastic to fuel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina plastic to fuel market size, by technology, 2018-2030 (US$M)
Argentina Plastic To Fuel Market Outlook Share, 2023 & 2030 (US$M)
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