Indonesia Plastic To Fuel Market Size & Outlook, 2023-2030
Indonesia plastic to fuel market, 2018-2030 (US$M)
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Indonesia plastic to fuel market highlights
- The Indonesia plastic to fuel market generated a revenue of USD 6.8 million in 2023 and is expected to reach USD 42.5 million by 2030.
- The Indonesia market is expected to grow at a CAGR of 29.9% from 2024 to 2030.
- In terms of segment, pyrolysis 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 6.8 million |
| Market revenue in 2030 | USD 42.5 million |
| Growth rate | 29.9% (CAGR from 2023 to 2030) |
| Largest segment | Pyrolysis |
| 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, Indonesia accounted for 1.3% 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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Indonesia 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 77.94% in 2023. Horizon Databook has segmented the Indonesia plastic to fuel market based on pyrolysis, gasification covering the revenue growth of each sub-segment from 2018 to 2030.
Over 20% to 40% of the plastic waste generated from the country is carried into the ocean. Thus, plastic pollution is posing a severe threat to the environment and human and animal life.
Thus to decrease the percentage of plastics waste that is being dumped into the ocean, the government of Indonesia is trying move towards recycling of waste plastics and then convert the plastics into fuel, thereby driving the overall market growth over the forecast period.
With stringent regulations and numerous initiatives on plastic waste recycling are projected to benefit the plastic to fuel market over the forecast period. Company such as Plastics Energy are working to decrease the rate of discharge of plastics waste into the ocean.
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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 Indonesia plastic to fuel market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia plastic to fuel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Indonesia plastic to fuel market size, by technology, 2018-2030 (US$M)
Indonesia Plastic To Fuel Market Outlook Share, 2023 & 2030 (US$M)
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