Will Plastic-to-Fuel (PTF) Market Rebound in 2021? Know about the future growth scenarios and changing dynamics.
The Plastic-to-Fuel (PTF) market report from Stratview Research is an in-depth study of the market dynamics across the globe. The study will cover the market intelligence and information for a period of 12 years from 2016 to 2026. The base year for the study is 2020.
Plastic-to-Fuel (PTF) Market Forecast:
Post pandemic, the market is expected to rebound from 2021 onwards posting a modest CAGR till 2026. (Include the market forecast numbers, if given in the RD) The market forecast is arrived at after conducting scenario analysis. The global forecast will include market size for three different scenarios: Pessimistic, Most-likely, and Optimistic. The scenario analysis will help the stakeholders and market players to plan their market spending and budgeting for the short- to medium-term strategy period.
The report also covers analyst opinions and prospects, competitive landscapes, and key regions from both a regional and a global perspective. The report also examines several factors, including driving factors and challenges.
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Analysis of Plastic-to-Fuel (PTF) Market Key Manufacturers:
According to the report, the Plastic-to-Fuel (PTF) Market includes suppliers, product manufacturers, and OEMs. Following is a list of the Key Players in this market.
Green Envirotec Holdings LLC
UNITRON Energy Systems Pvt. Ltd.
Siemens Gamesa Renewable Energy S.A.
Agilyx Corporation, JBI Inc.
Nexus Fuels, LLC
Growth drivers and Market Value:
This report, from Stratview Research, studies the Plastic-to-Fuel (PTF) Market value and growth drivers over the trend period of 2021-26. According to the report –
Plastic-to-Fuel (PTF) Market is likely to witness a CAGR of 5.0% during the forecast period. Surge in requirement for high quality fuel products globally, depletion of fuel sources coupled with flourishing cleantech industry, and growing concerns towards GHG emission from fuel-making sectors are the major factors driving the growth of the plastic-to-fuel (PTF) market during the forecast period.
Based on Source Type:
Based on the source type, the market is segmented as municipal solid waste, industrial, and others. Municipal solid waste is estimated to be the leading source type in the market during the forecast period owing to increasing industry size in Latin America and the Middle East because of high amount of wastes generated from household & municipal sectors. Further, the availability of feedstock material and the cost of obtaining plastic wastes are expected to have an impact on the consumption trends of municipal solid wastes boosting the growth of the industry over the forecast period.
Based on Region:
In terms of regions, Europe is estimated to account for the major share of the market during the forecast period, owing to presence of multiple plastic-to-fuel conversion facilities offering high recycling and energy recovery rate from plastic wastes in the region. Moreover, Europe is also focusing on reducing the emission of GHG by 40% from the 1990-levels, boosting the growth of renewable & cleantech sectors, eventually fueling the growth of the regional market over the forecast period. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
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Research Methodology & Features –
This report offers in-depth insights and is the result of detailed research methodology through secondary research, extensive primary interviews with industry key players, and statistical tools. The report provides vital information related to the market dynamics and enables strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints
- Market trend and forecast analysis
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Key success factors & more.
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