Brazil Plastic To Fuel Market Size & Outlook, 2023-2030
Brazil plastic to fuel market, 2018-2030 (US$M)
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Brazil plastic to fuel market highlights
- The Brazil plastic to fuel market generated a revenue of USD 4.1 million in 2023 and is expected to reach USD 5.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 4.2% 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 4.1 million |
| Market revenue in 2030 | USD 5.4 million |
| Growth rate | 4.2% (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, Brazil accounted for 0.8% 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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Brazil 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 95.12% in 2023. Horizon Databook has segmented the Brazil plastic to fuel market based on pyrolysis, gasification covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil accounted for a major share in Central & South America plastic to fuel market in 2020. According to Earth Day Network, the country ranked as the 16th most mismanaged nation in terms of plastic waste by volume, as of 2019.
The country is the fourth-largest producer of plastic waste across the globe. Rise in waste generation increases the need for proper plastics waste recycling/plastics to fuel processing. Implementation of new National Policy and increasing public-private partnerships in waste management are projected to benefit the market in the country over the forecast period.
Initiative such as Recycling for a Change, which has been introduced by Dow in the country, has brought improved training and equipment to the companies. This is expected to benefit the market in the coming years.
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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 Brazil plastic to fuel market , including forecasts for subscribers. This country databook contains high-level insights into Brazil plastic to fuel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil plastic to fuel market size, by technology, 2018-2030 (US$M)
Brazil Plastic To Fuel Market Outlook Share, 2023 & 2030 (US$M)
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