Australia Plastic To Fuel Market Size & Outlook, 2023-2030
Australia plastic to fuel market, 2018-2030 (US$M)
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Australia plastic to fuel market highlights
- The Australia plastic to fuel market generated a revenue of USD 10.7 million in 2023 and is expected to reach USD 59.1 million by 2030.
- The Australia market is expected to grow at a CAGR of 27.6% from 2024 to 2030.
- In terms of segment, pyrolysis was the largest revenue generating technology in 2023.
- Depolymerization 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 10.7 million |
| Market revenue in 2030 | USD 59.1 million |
| Growth rate | 27.6% (CAGR from 2023 to 2030) |
| Largest segment | Pyrolysis |
| Fastest growing segment | Depolymerization |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pyrolysis, Depolymerization, Gasification |
| Key market players worldwide | Plastic2Oil Inc, Neste OYJ, Agilyx ASA Ordinary Shares |
Other key industry trends
- In terms of revenue, Australia accounted for 2.0% 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 Asia Pacific, China plastic to fuel market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 682.0 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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Australia 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.
Pyrolysis was the largest segment with a revenue share of 83.18% in 2023. Horizon Databook has segmented the Australia plastic to fuel market based on pyrolysis, depolymerization, gasification covering the revenue growth of each sub-segment from 2018 to 2030.
Stringent regulations and numerous initiatives on plastic waste recycling are projected to benefit the plastic to fuel market over the forecast period. The country one the largest plastic waste generator, thus it is predicted to drive the market players to develop efficient plastic to fuel technologies.
In May 2015, a commercial facility in New South Wales started to produce road ready fuels using 50 tonnes/day of non-recyclable plastics. Company such as Green Industries SA performs its own survey in reprocessing of south Australian plastics.
Nearly 10% to 15% of plastic waste goes for recycling. The country aims to ban the export of waste plastics, and other waste and recycle the waste plastics to convert it into fuel and other usable products.
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Our clientele includes a mix of plastic to fuel market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia plastic to fuel market , including forecasts for subscribers. This country databook contains high-level insights into Australia plastic to fuel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia plastic to fuel market size, by technology, 2018-2030 (US$M)
Australia Plastic To Fuel Market Outlook Share, 2023 & 2030 (US$M)
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