Japan Plastic To Fuel Market Size & Outlook, 2023-2030
Japan plastic to fuel market, 2018-2030 (US$M)
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Japan plastic to fuel market highlights
- The Japan plastic to fuel market generated a revenue of USD 27.6 million in 2023 and is expected to reach USD 169.0 million by 2030.
- The Japan market is expected to grow at a CAGR of 29.6% 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 27.6 million |
| Market revenue in 2030 | USD 169.0 million |
| Growth rate | 29.6% (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, Japan accounted for 5.2% 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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Japan 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 77.17% in 2023. Horizon Databook has segmented the Japan plastic to fuel market based on pyrolysis, depolymerization, gasification covering the revenue growth of each sub-segment from 2018 to 2030.
Plastics waste recycling is of high importance in Japan. Plastics waste recycling is of high importance in Japan. Major factors such as growing health awareness, increasing urbanization, economic growth, are likely to boost market plastic to fuel market growth in the country over the forecast period.
The aforementioned initiatives by the Japanese government are projected to contribute positively to plastic to fuel growth over the forecast period.
Japanese government plans to make plastic recycling mandatory for large corporations from April 2022. The Sapporo Plastic Recycling (SPR) Japan has the largest plastic waste to oil recovery plant and Klean Industries is using SPR technology to convert plastics to fuel.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan plastic to fuel market , including forecasts for subscribers. This country databook contains high-level insights into Japan plastic to fuel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan plastic to fuel market size, by technology, 2018-2030 (US$M)
Japan Plastic To Fuel Market Outlook Share, 2023 & 2030 (US$M)
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