Italy Plastic To Fuel Market Size & Outlook, 2023-2030
Italy plastic to fuel market, 2018-2030 (US$M)
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Italy plastic to fuel market highlights
- The Italy plastic to fuel market generated a revenue of USD 14.2 million in 2023 and is expected to reach USD 43.0 million by 2030.
- The Italy market is expected to grow at a CAGR of 17.2% from 2024 to 2030.
- In terms of segment, pyrolysis was the largest revenue generating technology in 2023.
- Gasification 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 14.2 million |
| Market revenue in 2030 | USD 43.0 million |
| Growth rate | 17.2% (CAGR from 2023 to 2030) |
| Largest segment | Pyrolysis |
| Fastest growing segment | Gasification |
| 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, Italy accounted for 2.7% 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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Italy 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 91.55% in 2023. Horizon Databook has segmented the Italy plastic to fuel market based on pyrolysis, gasification covering the revenue growth of each sub-segment from 2018 to 2030.
Italy is the largest producer of plastic goods and the second-largest waste generator in the European Union. Italy generates nearly 4 million tonnes of plastic waste each year, of which around 75% to 80% comes from the packaging industry.
In 2017, Xinxiang Doing Renewable Energy Equipment Co., Ltd installed a 10 T/D capacity of plastic waste pyrolysis plants in Italy. The government of Italy has already employed numerous policies in order to decrease the amount of plastic waste dumping in landfills.
The government of Italy aims to increase recycling to 50% by 2025. The above-mentioned factors are expected to have a positive impact on the plastic to fuel market over the forecast period.
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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 Italy plastic to fuel market , including forecasts for subscribers. This country databook contains high-level insights into Italy plastic to fuel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy plastic to fuel market size, by technology, 2018-2030 (US$M)
Italy Plastic To Fuel Market Outlook Share, 2023 & 2030 (US$M)
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