Vietnam Plastic To Fuel Market Size & Outlook, 2023-2030
Vietnam plastic to fuel market, 2018-2030 (US$M)
Related Markets
Vietnam plastic to fuel market highlights
- The Vietnam plastic to fuel market generated a revenue of USD 2.5 million in 2023 and is expected to reach USD 9.2 million by 2030.
- The Vietnam market is expected to grow at a CAGR of 20.6% 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 2.5 million |
| Market revenue in 2030 | USD 9.2 million |
| Growth rate | 20.6% (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, Vietnam accounted for 0.5% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Plastic To Fuel Market Scope
Plastic To Fuel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Vietnam 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 88% in 2023. Horizon Databook has segmented the Vietnam plastic to fuel market based on pyrolysis, gasification covering the revenue growth of each sub-segment from 2018 to 2030.
Over 30% of the plastic waste generated from the country is carried into the South China Sea. Thus, plastic pollution is posing a severe threat to the environment and human and animal life.
Thus, increasing plastics production coupled with growing concerns pertaining to plastic pollution and mismanaged plastic waste is expected to offer new avenues for the industry, 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. Further Company such as Xinxiang Doing Renewable Energy Equipment Co have installed plastics to fuel plant in the country.
Reasons to subscribe to Vietnam plastic to fuel market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Vietnam plastic to fuel market databook
-
Our clientele includes a mix of plastic to fuel market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 Vietnam plastic to fuel market , including forecasts for subscribers. This country databook contains high-level insights into Vietnam plastic to fuel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Vietnam plastic to fuel market size, by technology, 2018-2030 (US$M)
Vietnam Plastic To Fuel Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
