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Published Date: 2016-04-05Number of Pages: 120

Recycled Plastic & Plastic Waste to Oil Market, By Plastic Type (Polyethylene, Polyethylene Terephthalate, Polystyrene, Polyvinyl Chloride, Polypropylene, and Other Plastics), By Technology (Pyrolysis, Gasification and Synthesis, and Catalytic Depolymerization), and By End-Fuel (Diesel, Gasoline, Kerosene, Synthetic Gases, and Others) - Global Industry Analysis, Size, Share, Growth Trends and Forecast 2016 - 2024

Plastic has become vital for modern day existence. Plastics are used to manufacture numerous daily use products as well as for packaging a variety of products. Production and consumption of plastics have been constantly increasing to meet the needs of growing markets. Increasing plastic production has led to increase in plastic waste generation. As per the World Bank, around 130 million metric tons per year (MTPY) of plastic waste is generated across the globe. Management of plastic waste is one of the world’s greatest ecological challenges. Plastic waste pollutes land and oceans and severely affects the natural habitats and food chain of living beings.

Plastic to oil (fuel) process is one of the best emerging technologies to convert plastic into synthetic crude oil and other petroleum products. Plastic to oil (fuel) process not only aids in converting plastic to synthetic crude oil (fuel) but also enables eco-friendly disposal of plastic waste. Plastic to oil (fuel) process is an advanced waste conversion technology that is considered complementary to existing plastic recycling efforts as it usually does not consider plastic resins that are valued by the recycling markets. Plastic to oil (fuel) process is not projected as a replacement to traditional recycling practices. However, due to low plastic recycling rates, it is becoming a feasible addition to plastic waste management infrastructure.

In terms of plastic type, the recycled plastic & plastic waste to oil market has been segmented into polyethylene (PE), polyethylene terephthalate (PET), polystyrene (PS), polyvinyl chloride (PVC), polypropylene (PP), and other plastics. Polyethylene (PE) is one of the most preferred plastic for plastic to oil (fuel) process owing to its higher energy conversion rates. High density polyethylene (HDPE) produces higher yield compared to low density polyethylene (LDPE), predominantly due to separation issues. Plastic waste from industries, commercial facilities, and residential facilities as well as municipality and ocean waste are utilized as feedstock in plastic to oil (fuel) process.

On the basis of technology, the recycled plastic & plastic waste to oil market has been segmented into pyrolysis, gasification and synthesis, and catalytic depolymerization processes. Pyrolysis process is the most widely used technology for converting plastic into oil (fuel). Pyrolysis process is expected to continue to dominate the recycled plastic & plastic waste to oil market due to its lower CAPEX requirements as compared to other technologies. Catalytic depolymerization is currently the latest as well as the most expensive technology to convert plastic into oil (fuel).

Based on end-fuel, the recycled plastic & plastic waste to oil market has been segmented into diesel, gasoline, kerosene, synthetic gases, and others. Diesel is the most widely produced fuel from plastic to oil (fuel) process. Gasoline and kerosene are also produced in large volumes through plastic to oil (fuel) process. Diesel is expected to generate highest revenues owning to its increasing demand and numerous applications across various industries. 

Europe is the largest market for plastic to oil (fuel) processes and systems. Asia Pacific also has a significant market for plastic to oil (fuel) processes and systems. Countries such as Germany, the U.K., China, and Japan are the leading players for plastic to oil (fuel) process in these regions. North America, Middle East & Africa, and South & Central America also have significant demand for plastic to oil (fuel) process. Countries such as the U.S., Kingdom of Saudi Arabia, Brazil, and the UAE are driving the market in these regions. The U.S. is expected to be one of the leading players in the global recycled plastic & plastic waste to oil market in the next few years.

Rising environmental concerns across the globe and increasing government and environmental regulations against the disposal of plastics have boosted the installation of plastic to oil (fuel) systems across the globe. However, declining crude oil prices are expected to hamper the growth of global recycled plastic & plastic waste to oil market. Increasing plastic production globally is expected to boost the adoption of plastic to oil (fuel) systems in the near future. 

Some of the companies operating in the recycled plastic & plastic waste to oil market include Agilyx Inc., Cynar Plc, Vadxx Energy LLC, Nexus Fuels, LLC, Clean Blue Technologies Inc., Plastic2Oil Inc. (JBI Inc.), RES Polyflow, PK Clean, Plastic Advanced Recycling Corporation (PARC), and MK Aromatics Ltd.

recycled-plastics-plastic-waste-oil-market

 

Chapter 1 Preface

  • Report Description
  • Market Segmentation
  • Research Scope and Methodology

Chapter 2 Executive Summary

  • Global Recycled Plastic & Plastic Waste to Oil Market: Snapshot

Chapter 3 Global Recycled Plastic & Plastic Waste to Oil Market- Industry Analysis

  • Introduction
  • Value Chain Analysis
  • Market Drivers
    • Rising environmental concerns across the globe
    • Increasing government and environmental regulations against disposal of plastics 
  • Market Restraints
    • Declining crude oil prices 
  • Market Opportunities
    • Increasing plastic production globally 
  • Porter’s Five Forces Analysis
    • Bargaining Power of Suppliers
    • Bargaining Power of Buyers
    • Threat from new entrants
    • Threat of Substitutes
    • Degree of Competition
  • Market Attractiveness Analysis of Recycled Plastic & Plastic Waste to Oil Market, by Region (2014)

Chapter 4 Global Recycled Plastic & Plastic Waste to Oil Market- Plastic Type Segment Analysis

  • Global Recycled Plastic & Plastic Waste to Oil Market: Plastic Type Segment Overview
    • Global Recycled Plastic & Plastic Waste to Oil Market Revenue Share, by Plastic Type Segment, 2014 & 2024 
  • Polyethylene (PE) 
  • Polyethylene Terephthalate (PET) 
  • Polystyrene (PS)  
  • Polyvinyl Chloride (PVC)
  • Polypropylene (PP)
  • Other Plastics 

Chapter 5 Global Recycled Plastic & Plastic Waste to Oil Market- Technology Segment Analysis

  • Global Recycled Plastic & Plastic Waste to Oil Market: Technology Segment Overview
    • Global Recycled Plastic & Plastic Waste to Oil Market Revenue Share, by Technology Segment, 2014 & 2024 
  • Pyrolysis Process 
  • Gasification and Synthesis Process 
  • Catalytic Depolymerization Process 

Chapter 6 Global Recycled Plastic & Plastic Waste to Oil Market- End-Fuel Segment Analysis

  • Global Recycled Plastic & Plastic Waste to Oil Market: End-Fuel Segment Overview
    • Global Recycled Plastic & Plastic Waste to Oil Market Revenue Share, by End-Fuel Segment, 2014 & 2024 
  • Diesel 
  • Gasoline 
  • Kerosene  
  • Synthetic Gases
  • Others

Chapter 7 Global Recycled Plastic & Plastic Waste to Oil Market- Regional Segment Analysis

  • Global Recycled Plastic & Plastic Waste tOil Market: Regional Segment Overview
  • North America
    • North America Recycled Plastic & Plastic Waste to Oil Market Share, By Country, 2014 and 2024
    • North America Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, 2014 – 2024 (US$ Mn) 
    • North America Recycled Plastic & Plastic Waste to Oil Market, By Plastic Type, 2014 – 2024 (US$ Mn)
    • North America Recycled Plastic & Plastic Waste to Oil Market, By Technology, 2014 – 2024 (US$ Mn)
      • U.S.
      • Rest of North America
  • Europe
    • Europe Recycled Plastic & Plastic Waste to Oil Market Share, By Country, 2014 and 2024
    • Europe Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, 2014 – 2024 (US$ Mn) 
    • Europe Recycled Plastic & Plastic Waste to Oil Market, By Plastic Type, 2014 – 2024 (US$ Mn)
    • Europe Recycled Plastic & Plastic Waste to Oil Market, By Technology, 2014 – 2024 (US$ Mn)
      • Germany
      • U.K
      • Rest of Europe
  • Asia Pacific
    • Asia Pacific Recycled Plastic & Plastic Waste to Oil Market Share, By Country, 2014 and 2024
    • Asia Pacific Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, 2014 – 2024 (US$ Mn) 
    • Asia Pacific Recycled Plastic & Plastic Waste to Oil Market, By Plastic Type, 2014 – 2024 (US$ Mn)
    • Asia Pacific Recycled Plastic & Plastic Waste to Oil Market, By Technology, 2014 – 2024 (US$ Mn)
      • China
      • Japan
      • Rest of Asia Pacific
  • Middle East & Africa
    • Middle East & Africa Recycled Plastic & Plastic Waste to Oil Market Share, By Country, 2014 and 2024
    • Middle East & Africa Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, 2014 – 2024 (US$ Mn) 
    • Middle East & Africa Recycled Plastic & Plastic Waste to Oil Market, By Plastic Type, 2014 – 2024 (US$ Mn)
    • Middle East & Africa Recycled Plastic & Plastic Waste to Oil Market, By Technology, 2014 – 2024 (US$ Mn)\
      • Kingdom of Saudi Arabia
      • UAE
      • Rest of Middle East & Africa
  • South & Central America
    • South & Central America Recycled Plastic & Plastic Waste to Oil Market Share, By Country, 2014 and 2024
    • South & Central America Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, 2014 – 2024 (US$ Mn) 
    • South & Central America Recycled Plastic & Plastic Waste to Oil Market, By Plastic Type, 2014 – 2024 (US$ Mn)
    • South & Central America Recycled Plastic & Plastic Waste to Oil Market, By Technology, 2014 – 2024 (US$ Mn)
      • Brazil
      • Rest of South & Central America

Chapter 8 Company Profiles

  • Agilyx Inc. 
    • Company overview
    • Financial overview
    • Business strategy
    • Recent developments
  • Cynar Plc
    • Company overview
    • Financial overview
    • Business strategy
    • Recent developments
  • Vadxx Energy LLC
    • Company overview
    • Financial overview
    • Business strategy
    • Recent developments
  • Nexus Fuels LLC 
    • Company overview
    • Financial overview
    • Business strategy
    • Recent developments
  • Clean Blue Technologies Inc. 
    • Company overview
    • Financial overview
    • Business strategy
    • Recent developments
  • Plastic2Oil Inc. (JBI Inc.)
    • Company Overview
    • Financial overview
    • Business Strategy
    • Recent developments
  • RES Polyflow 
    • Company overview
    • Financial overview
    • Business strategy
    • Recent developments
  • PK Clean
    • Company overview
    • Financial overview
    • Business strategy
    • Recent developments
  • Plastic Advanced Recycling Corporation (PARC) 
    • Company overview
    • vFinancial overview
    • Business strategy
    • Recent developments
  • MK Aromatics Ltd. 
    • Company overview
    • Financial overview
    • Business strategy
    • Recent developments

List of Charts

FIG. 1 Global Recycled Plastic & Plastic Waste to Oil Market Estimates and Forecasts (US$ Mn)
FIG. 2 Global Recycled Plastic & Plastic Waste to Oil Market Share, By Region, 2014
FIG. 3 Crude Oil Prices: West Texas Intermediate (WTI) and Brent Crude Prices
FIG. 4 Global Plastic Production, Million Metric Tons, 2008–2014 
FIG. 5 Market Attractiveness Analysis of Recycled Plastic & Plastic Waste to Oil Market, 2014
FIG. 6 Global Recycled Plastic & Plastic Waste to Oil Market Share, By Plastic Type, 2014 and 2024
FIG. 7 Global Recycled Plastic & Plastic Waste to Oil Market, Estimates and Forecast, By Polyethylene (PE), 2014–2024 (US$ Mn)
FIG. 8 Global Recycled Plastic & Plastic Waste to Oil Market, Estimates and Forecast, By Polyethylene Terephthalate (PET), 2014–2024 (US$ Mn)
FIG. 9 Global Recycled Plastic & Plastic Waste to Oil Market, Estimates and Forecast, Polystyrene (PS), 2014–2024 (US$ Mn)
FIG. 10 Global Recycled Plastic & Plastic Waste to Oil Market, Estimates and Forecast, By Polyvinyl Chloride (PVC), 2014 –2024 (US$ Mn)
FIG. 11 Global Recycled Plastic & Plastic Waste to Oil Market, Estimates and Forecast, By Polypropylene (PP), 2014–2024 (US$ Mn)
FIG. 12 Global Recycled Plastic & Plastic Waste to Oil Market, Estimates and Forecast, By Other Plastics, 2014–2024 (US$ Mn)
FIG. 13 Global Recycled Plastic & Plastic Waste to Oil Market Value, By Technology, 2014 and 2024
FIG. 14 Global Recycled Plastic & Plastic Waste to Oil Market, Estimates and Forecast, By Pyrolysis Processes, 2014–2024 (US$ Mn)
FIG. 15 Global Recycled Plastic & Plastic Waste to Oil Market, Estimates and Forecast, By Gasification and Synthesis Processes, 2014–2024 (US$ Mn)
FIG. 16 Global Recycled Plastic & Plastic Waste to Oil Market, Estimates and Forecast, By Catalytic Depolymerization Processes, 2014–2024 (US$ Mn)
FIG. 17 Global Recycled Plastic & Plastic Waste to Oil Market Share, By End-Fuel, 2014 and 2024
FIG. 18 Global Recycled Plastic & Plastic Waste to Oil Market, Estimates and Forecast, By Diesel, 2014–2024 (US$ Mn)
FIG. 19 Global Recycled Plastic & Plastic Waste to Oil Market, Estimates and Forecast, By Gasoline, 2014–2024 (US$ Mn)
FIG. 20 Global Recycled Plastic & Plastic Waste to Oil Market, Estimates and Forecast, By Kerosene, 2014–2024 (US$ Mn)
FIG. 21 Global Recycled Plastic & Plastic Waste to Oil Market, Estimates and Forecast, By Synthetic Gases, 2014–2024 (US$ Mn)
FIG. 22 Global Recycled Plastic & Plastic Waste to Oil Market, Estimates and Forecast, By Other Fuels, 2014–2024 (US$ Mn)
FIG. 23 Global Recycled Plastic & Plastic Waste to Oil Market, 
By Revenue (US$ Mn), 2014 and 2024
FIG. 24 North America Recycled Plastic & Plastic Waste to Oil Market Share, By Country, 2014 and 2024
FIG. 25 U.S. Recycled Plastic & Plastic Waste to Oil Market, By Technology, Revenue (US$ Mn), 2014–2024
FIG. 26 Rest of North America Recycled Plastic & Plastic Waste to Oil Market, By Technology, Revenue (US$ Mn), 2014–2024
FIG. 27 Europe Recycled Plastic & Plastic Waste to Oil Market Share, by Country, 2014 and 2024
FIG. 28 Germany Recycled Plastic & Plastic Waste to Oil Market, By Technology, Revenue (US$ Mn), 2014–2024
FIG. 29 U.K. Recycled Plastic & Plastic Waste to Oil Market, By Technology, Revenue (US$ Mn), 2014–2024
FIG. 30 Rest of Europe Recycled Plastic & Plastic Waste to Oil Market, By Technology, Revenue (US$ Mn), 2014–2024
FIG. 31 Asia Pacific Recycled Plastic & Plastic Waste to Oil Market Share, by Country, 2014 and 2024
FIG. 32 China Recycled Plastic & Plastic Waste to Oil Market, By Technology, Revenue (US$ Mn), 2014–2024
FIG. 33 Japan Recycled Plastic & Plastic Waste to Oil Market, By Technology, Revenue (US$ Mn), 2014–2024
FIG. 34 Rest of Asia Pacific Recycled Plastic & Plastic Waste to Oil Market, By Technology, Revenue (US$ Mn), 2014–2024
FIG. 35 Middle East & Africa Recycled Plastic & Plastic Waste to Oil Market Share, by Country, 2014 and 2024
FIG. 36 Kingdom of Saudi Arabia Recycled Plastic & Plastic Waste to Oil Market, By Technology, Revenue (US$ Mn), 2014–2024
FIG. 37 U.A.E Recycled Plastic & Plastic Waste to Oil Market, By Technology, Revenue (US$ Mn), 2014 –2024
FIG. 38 Rest of Middle East & Africa Recycled Plastic & Plastic Waste to Oil Market, By Technology, Revenue (US$ Mn), 2014– 2024
FIG. 39 South & Central America Recycled Plastic & Plastic Waste to Oil Market Share, by Country, 2014 and 2024
FIG. 40 Brazil Recycled Plastic & Plastic Waste to Oil Market, By Technology, Revenue (US$ Mn), 2014– 2024
FIG. 41 Rest of South & Central America Recycled Plastic & Plastic Waste to Oil Market, By Technology, Revenue (US$ Mn), 2014– 2024
 

List of Table

TABLE 1 Global Recycled Plastic & Plastic Waste to Oil Market: Snapshot
TABLE 2 Global Recycled Plastic & Plastic Waste to Oil Market, Estimates and Forecast, By Plastic Type, 2014–2024 (US$ Mn)
TABLE 3 Global Recycled Plastic & Plastic Waste to Oil Market, Estimates and Forecast, By Technology, 2014–2024 (US$ Mn)
TABLE 4 Global Recycled Plastic & Plastic Waste to Oil Market, Estimates and Forecast, By End-Fuel, 2014–2024 (US$ Mn)
TABLE 5 North America Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, Revenue (US$ Mn), 2014–2024
TABLE 6 North America Recycled Plastic & Plastic Waste to Oil Market, By Plastic Type, Revenue (US$ Mn), 2014–2024
TABLE 7 North America Recycled Plastic & Plastic Waste to Oil Market, By Technology, Revenue (US$ Mn), 2014–2024
TABLE 8 U.S. Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, Revenue (US$ Mn), 2014–2024
TABLE 9 U.S. Recycled Plastic & Plastic Waste to Oil Market, By Plastic Type, Revenue (US$ Mn), 2014–2024
TABLE 10 Rest of North America Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, Revenue (US$ Mn), 2014–2024
TABLE 11 Rest of North America Recycled Plastic & Plastic Waste to Oil Market, By Plastic Type, Revenue (US$ Mn), 2014–2024
TABLE 12 Europe Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, Revenue (US$ Mn), 2014–2024
TABLE 13 Europe Recycled Plastic & Plastic Waste to Oil Market, By Plastic Type, Revenue (US$ Mn), 2014–2024
TABLE 14 Europe Recycled Plastic & Plastic Waste to Oil Market, By Technology, Revenue (US$ Mn), 2014–2024
TABLE 15 Germany Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, Revenue (US$ Mn), 2014–2024
TABLE 16 U.K. Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, Revenue (US$ Mn), 2014–2024
TABLE 17 U.K. Recycled Plastic & Plastic Waste to Oil Market, By Plastic Type, Revenue (US$ Mn), 2014–2024
TABLE 18 Rest of Europe Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, Revenue (US$ Mn), 2014–2024
TABLE 19 Rest of Europe Recycled Plastic & Plastic Waste to Oil Market, By Plastic Type, Revenue (US$ Mn), 2014–2024
TABLE 20 Asia Pacific Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, Revenue (US$ Mn), 2014–2024
TABLE 21 Asia Pacific Recycled Plastic & Plastic Waste to Oil Market, By Plastic Type, Revenue (US$ Mn), 2014–2024
TABLE 22 Asia Pacific Recycled Plastic & Plastic Waste to Oil Market, By Technology, Revenue (US$ Mn), 2014–2024
TABLE 23 China Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, Revenue (US$ Mn), 2014–2024
TABLE 24 China Recycled Plastic & Plastic Waste to Oil Market, By Plastic Type, Revenue (US$ Mn), 2014–2024
TABLE 25 Japan Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, Revenue (US$ Mn), 2014–2024
TABLE 26 Japan Recycled Plastic & Plastic Waste to Oil Market, By Plastic Type, Revenue (US$ Mn), 2014–2024
TABLE 27 Rest of Asia Pacific Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, Revenue (US$ Mn), 2014–2024
TABLE 28 Rest of Asia Pacific Recycled Plastic & Plastic Waste to Oil Market, By Plastic Type, Revenue (US$ Mn), 2014–2024
TABLE 29 Middle East & Africa Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, Revenue (US$ Mn), 2014–2024
TABLE 30 Middle East & Africa Recycled Plastic & Plastic Waste to Oil Market, By Plastic, Revenue (US$ Mn), 2014–2024
TABLE 31 Middle East & Africa Recycled Plastic & Plastic Waste to Oil Market, By Technology, Revenue (US$ Mn), 2014–2024
TABLE 32 Kingdom of Saudi Arabia Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, Revenue (US$ Mn), 2014 –2024
TABLE 33 Kingdom of Saudi Arabia Recycled Plastic & Plastic Waste to Oil Market, By Plastic, Revenue (US$ Mn), 2014–2024
TABLE 34 U.A.E Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, Revenue (US$ Mn), 2014 –2024
TABLE 35 U.A.E Recycled Plastic & Plastic Waste to Oil Market, By Plastic, Revenue (US$ Mn), 2014 –2024
TABLE 36 Rest of Middle East & Africa Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, Revenue (US$ Mn), 2014– 2024
TABLE 37 Rest of Middle East & Africa Recycled Plastic & Plastic Waste to Oil Market, By Plastic, Revenue (US$ Mn), 2014– 2024
TABLE 38 South & Central America Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, Revenue (US$ Mn), 2014– 2024
TABLE 39 South & Central America Recycled Plastic & Plastic Waste to Oil Market, By Plastic, Revenue (US$ Mn), 2014– 2024
TABLE 40 South & Central America Recycled Plastic & Plastic Waste to Oil Market, By Technology, Revenue (US$ Mn), 2014– 2024
TABLE 41 Brazil Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, Revenue (US$ Mn), 2014– 2024
TABLE 42 Brazil Recycled Plastic & Plastic Waste to Oil Market, By Plastic, Revenue (US$ Mn), 2014– 2024
TABLE 43 Rest of South & Central America Recycled Plastic & Plastic Waste to Oil Market, By End-Fuel, Revenue (US$ Mn), 2014– 2024
TABLE 44 Rest of South & Central America Recycled Plastic & Plastic Waste to Oil Market, By Plastic, Revenue (US$ Mn), 2014– 2024 

The recycled plastic & plastic waste to oil market report by Transparency Market Research provides in-depth analysis of the recycled plastic & plastic waste to oil market globally. The report segments the market on the basis of plastic type, technology, end-fuel, and geography. The report analyzes the global recycled plastic & plastic waste to oil market in terms of revenue (US$ Mn) for the 2016–2024 period. For this research study, the base year is 2014, whereas the forecast is from 2016 to 2024. The report provides a comprehensive competitive landscape and features companies manufacturing plastic to oil (fuel) systems and companies operating plastic to oil (fuel) plants. This report includes the key market dynamics affecting the recycled plastic & plastic waste to oil market globally. The analysis in the report provides detailed insights into the global recycled plastic & plastic waste to oil market. Major dynamics such as drivers, opportunities, and restraints of the market were analyzed in detail and are illustrated in the report through tables. The report also provides a detailed industry analysis of the global recycled plastic & plastic waste to oil market with the help of Porter’s Five Forces model.

The recycled plastic & plastic waste to oil market has been broadly segmented on the basis of plastic type, technology, end-fuel, and geography. The recycled plastic & plastic waste to oil market has been segmented on the basis of plastic type into polyethylene (PE), polyethylene terephthalate (PET), polystyrene (PS), polyvinyl chloride (PVC), polypropylene (PP), and other plastics. Polyethylene (PE) was the largest plastic type segment of the recycled plastic & plastic waste to oil market globally, accounting for more than 40% of the global share, in 2014. Polyethylene (PE) is one of the most preferred plastics for plastic to oil (fuel) process owing to its higher energy conversion rates. High density polyethylene (HDPE) produces higher yield compared to low density polyethylene (LDPE), predominantly due to issues related to separation. Rising environmental concerns across the globe and increasing government and environmental regulations against disposal of plastics have boosted the installation of plastic to oil (fuel) systems across the globe. However, declining crude oil prices are expected to hamper the growth of global recycled plastic & plastic waste to oil market. Increasing plastic production globally is expected to boost the adoption of plastic to oil (fuel) systems in the next few years.

On the basis of technology, the global recycled plastic & plastic waste to oil market has been segmented into pyrolysis, gasification and synthesis, and catalytic depolymerization processes. Pyrolysis process is the most widely used technology for converting plastic into oil (fuel). Based on end-fuel, the global recycled plastic & plastic waste to oil market has been segmented into diesel, gasoline, kerosene, synthetic gases, and others. Diesel is the most widely produced fuel from plastic to oil (fuel) process.

The recycled plastic & plastic waste to oil market was analyzed for North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. Europe held the major share of the global recycled plastic & plastic waste to oil market, accounting for more than 35% of the global market share, in 2014. Asia Pacific was the second-largest recycled plastic & plastic waste to oil market, followed by North America, in 2014. Middle East & Africa and South & Central America held the fourth-largest and fifth-largest market share, respectively, of the global recycled plastic & plastic waste to oil market in 2014.

Some of the key market participants in the global recycled plastic & plastic waste to oil market include Agilyx Inc., Cynar Plc, Vadxx Energy LLC, Nexus Fuels LLC, Clean Blue Technologies Inc., Plastic2Oil Inc. (JBI Inc.), RES Polyflow, PK Clean, Plastic Advanced Recycling Corporation (PARC), and MK Aromatics Ltd. The report provides an overview of these companies, followed by their financial revenues (on availability), business strategies, key technologies, filed or pending patents, production capacities, and recent developments. The global recycled plastic & plastic waste to oil market has been segmented as follows:

Global Recycled Plastic & Plastic Waste to Oil Market: Plastic Type Analysis

  • Polyethylene (PE)
  • Polyethylene Terephthalate (PET)
  • Polystyrene (PS)
  • Polyvinyl Chloride (PVC)
  • Polypropylene (PP)
  • Other Plastics

Global Recycled Plastic & Plastic Waste to Oil Market: Technology Analysis

  • Pyrolysis Process
  • Gasification and Synthesis Process
  • Catalytic Depolymerization Process

 Global Recycled Plastic & Plastic Waste to Oil Market: End-Fuel Analysis

  • Diesel
  • Gasoline
  • Kerosene
  • Synthetic Gases
  • Others

 Global Recycled Plastic & Plastic Waste to Oil Market: Regional Analysis

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa
    • Kingdom of Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South & Central America
    • Brazil
    • Rest of South & Central America


 
 
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