Europe Plastic To Fuel Market Size & Outlook, 2023-2030

The plastic to fuel market in Europe is expected to reach a projected revenue of US$ 622.9 million by 2030. A compound annual growth rate of 21.7% is expected of Europe plastic to fuel market from 2024 to 2030.
Revenue, 2023 (US$M)
$157.7
Forecast, 2030 (US$M)
$622.9
CAGR, 2024 - 2030
21.7%
Report Coverage
Europe

Europe plastic to fuel market highlights

  • The Europe plastic to fuel market generated a revenue of USD 157.7 million in 2023.
  • The market is expected to grow at a CAGR of 21.7% 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.
  • Country-wise, France is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 157.7 million
Market revenue in 2030USD 622.9 million
Growth rate21.7% (CAGR from 2023 to 2030)
Largest segmentPyrolysis
Fastest growing segmentDepolymerization
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPyrolysis, Depolymerization, Gasification
Key market players worldwidePlastic2Oil Inc, Neste OYJ, Agilyx ASA Ordinary Shares


Other key industry trends

  • In terms of revenue, Europe region accounted for 29.7% of the global plastic to fuel market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,573.6 million by 2030.

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Plastic To Fuel Market Companies

Name Profile # Employees HQ Website

Europe 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 87.25% in 2023. Horizon Databook has segmented the Europe plastic to fuel market based on pyrolysis, depolymerization, gasification covering the revenue growth of each sub-segment from 2018 to 2030.


Europe is the second-largest regional segment in the market. The EU and local policymakers are creating a favorable regulatory environment for the plastic to fuel market to grow substantially in the upcoming years.

European Union adopted a roadmap in March 2011 to transition toward a low carbon economy by 2050. A highly developed infrastructure and regional government's diligent efforts to promote and employ green and clean energy technologies are expected to drive market growth over the forecast period.

Landfills bans has been existed for decades in many European Union countries such as Germany, Denmark, Austria, and France. High landfill tipping fees, closing costs of landfills, waste management, and dumping tariffs have encouraged the population to switch to plastics waste recycling and conversion of plastics waste to fuel.

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Target buyers of Europe plastic to fuel market databook

  • Our clientele includes a mix of plastic to fuel market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe plastic to fuel market , including forecasts for subscribers. This continent databook contains high-level insights into Europe plastic to fuel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe plastic to fuel market size, by country, 2018-2030 (US$M)

Europe Plastic To Fuel Market Outlook Share, 2023 & 2030 (US$M)

Europe plastic to fuel market size, by country, 2018-2030 (US$M)

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