UAE Plastic To Fuel Market Size & Outlook, 2023-2030
UAE plastic to fuel market, 2018-2030 (US$M)
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UAE plastic to fuel market highlights
- The UAE plastic to fuel market generated a revenue of USD 1.0 million in 2023 and is expected to reach USD 2.7 million by 2030.
- The UAE market is expected to grow at a CAGR of 14.9% 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 1.0 million |
| Market revenue in 2030 | USD 2.7 million |
| Growth rate | 14.9% (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, UAE 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 Middle East & Africa, Saudi Arabia plastic to fuel market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2.7 million by 2030.
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Plastic To Fuel Market Scope
Plastic To Fuel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE 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 UAE plastic to fuel market based on pyrolysis, gasification covering the revenue growth of each sub-segment from 2018 to 2030.
The amount of waste generated has been increased significantly over the last decade in the country owing to the rising population and economic growth. Most of the plastic waste end up in landfills or dumpsites.
Currently, the rate of waste recycling has been rapidly rising and a very less amount of the waste is incinerated. Management of plastic waste in the UAE is carried out through local authorities. Plastic waste is handled through improved separation and collection systems, waste recycling, and then converting the plastic into fuel.
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Target buyers of UAE plastic to fuel market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE plastic to fuel market , including forecasts for subscribers. This country databook contains high-level insights into UAE plastic to fuel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UAE plastic to fuel market size, by technology, 2018-2030 (US$M)
UAE Plastic To Fuel Market Outlook Share, 2023 & 2030 (US$M)
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