Germany Plastic To Fuel Market Size & Outlook, 2023-2030
Germany plastic to fuel market, 2018-2030 (US$M)
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Germany plastic to fuel market highlights
- The Germany plastic to fuel market generated a revenue of USD 34.7 million in 2023 and is expected to reach USD 128.3 million by 2030.
- The Germany market is expected to grow at a CAGR of 20.5% 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 34.7 million |
| Market revenue in 2030 | USD 128.3 million |
| Growth rate | 20.5% (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, Germany accounted for 6.5% 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 Europe, Germany plastic to fuel market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 63.3 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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Germany 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 81.84% in 2023. Horizon Databook has segmented the Germany plastic to fuel market based on pyrolysis, depolymerization, gasification covering the revenue growth of each sub-segment from 2018 to 2030.
Germany was the leading manufacturer of plastic in Europe in 2020. Also, the country recycles a significant amount of waste plastic into fuel and other products. Being a member of the European Union, follows all the standards and legislation imposed by the organization.
Stringent restrictions on landfills and growing efforts by the government to reduce plastic waste are projected to have a positive impact on the plastic to fuel market in Germany over the forecast period. Company such as Remondis Se & Co. Kg is operating the country.
Also companies such as Greenfuels AG, FE, Klean Industries, Bayer, BASF are working together in order to convert mixed plastics into high grade fuel oil in Germany.
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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 Germany plastic to fuel market , including forecasts for subscribers. This country databook contains high-level insights into Germany plastic to fuel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany plastic to fuel market size, by technology, 2018-2030 (US$M)
Germany Plastic To Fuel Market Outlook Share, 2023 & 2030 (US$M)
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