Mexico Plastic To Fuel Market Size & Outlook, 2023-2030
Mexico plastic to fuel market, 2018-2030 (US$M)
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Mexico plastic to fuel market highlights
- The Mexico plastic to fuel market generated a revenue of USD 1.3 million in 2023 and is expected to reach USD 7.7 million by 2030.
- The Mexico market is expected to grow at a CAGR of 29.5% from 2024 to 2030.
- In terms of segment, gasification 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 1.3 million |
| Market revenue in 2030 | USD 7.7 million |
| Growth rate | 29.5% (CAGR from 2023 to 2030) |
| Largest segment | Gasification |
| 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, Mexico accounted for 0.2% 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 North America, U.S. plastic to fuel market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 7.7 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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Mexico 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.
Gasification was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Mexico plastic to fuel market based on pyrolysis, gasification covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico has the highest recycling rate in North America. However, a majority of the plastic waste in the country is dumped in landfills. The country generates a huge amount of polypropylene (PP), polyethylene (PE), polyvinyl chloride (PVC), and polystyrene (PS), which to a large extent is disposed of in landfills.
In Mexico, most of the landfills are managed by private companies that were granted the concession of several hectares of land to carry out their operations. To reduce landfills, Mexico's government has undertaken several initiatives, which are expected to benefit the market over the forecast period. Besides, the growing importance of plastics to fuel in the country is expected to aid in reducing landfills.
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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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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 country-level data and insights on the Mexico plastic to fuel market , including forecasts for subscribers. This country databook contains high-level insights into Mexico plastic to fuel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico plastic to fuel market size, by technology, 2018-2030 (US$M)
Mexico Plastic To Fuel Market Outlook Share, 2023 & 2030 (US$M)
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