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Plastic-to-fuel Market:
2015 - 2020
Pages
116
Published Date:
May 2015
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REPORT DESCRIPTION
Global UV Tapes Market Projected to reach US$ 437.9 Mn by 2020
Future Market Insights (FMI) announces the release of its latest report titled, Plastic-to-fuel Market:
U.S. Industry Analysis and Opportunity Assessment 2015 - 2020. As per FMIs projection, the U.S.
Plastic-to-fuel market is estimated to generate US$ 42.78 million in revenues in 2015, which is likely to
reach US$ 98.26 million in 2020 representing a CAGR of 6.79% through the forecast period of 2016 to
2020.
Increasing Use of Plastics & Need for Developing Alternative Fuels: Key Drivers for U.S. Plastic-to-Fuel
Market
The U.S. Plastic-to-fuel market is driven by number of factors such as increasing use of plastic, leading
to easy availability of feedstock. As estimated by the U.S. Environmental Protection Agency (EPA),
plastics accounted for approximately 12.7% of the total Municipal Solid Waste (MSW) generation in the
U.S. in 2012.
Strong need for an alternative fuel due to depleting natural hydrocarbon resources across the globe is
also a strong driver for growth of the U.S. plastic-to-fuel market. Furthermore, increasing tipping cost
of landfills, coupled with a need for solid plastic waste recycling technology is amongst key factors
leading to growth in the market.
However, high initial setup cost of waste processing facilities, in addition to technological complexities
occurring due to delicate relationship between type of waste plastic processed, technology, and the
output can pose key challenges for growth.
Revenue Generated through Sale of Processor: Key Segment in the U.S. Plastic-to-Fuel Market
The U.S. plastic-to-fuel market is segmented on the basis of revenue generation models followed by
key market players. Revenue generation models include revenue earned through sale of processors,
revenue earned by sale of fuel produced using conversion technology, and revenues grossed through
royalties.
Amongst other segments, revenue generated through sale of processor is estimated to account for
approximately 70% of the total plastic-to-fuel market in the U.S. However, revenues earned through
royalties is anticipated to witness a CAGR of 7.81% during the forecast period, despite expected to
account for a negligible share in revenue in 2020.
Revenue generated through sale of fuels is estimated to account for less than 40% of the total market
in 2020. This model is likely to exhibit a lower CAGR as compared to other segments, which can be
attributed to a number of technical difficulties faced during the plastic-to-fuel conversion process.
Fuels produced through conversion technologies are further divided into crude oil and diesel. Amongst
these, crude oil market is anticipated to witness a high CAGR of 7.81% during the forecast period.
Competitive Landscape
Key players in plastic-to-fuel business in the U.S. are Plastic2Oil, Vadaxx Energy, Agilyx Corporation and
RES Polyflow. The companies active in the market are undergoing expansion plans within and outside
the countries. However, one of the key players in the market recently announced closure of one of the
plastic-to-oil production facility.
Key market players target landfills, municipalities and major industrial plastic waste generators to
ensure constant feedstock availability. Companies are raising capital through equity investors to
implement these conversion technologies.
Browse Full: " U.S. Plastic-to-fuel Market Growth, Industry Survey, Competitive Analysis,
Segment Analysis, Regional Outlook, Application, Company Profiles, Trends, Size, CAGR,
Opportunity, Share and Forecast 2015 to 2020" Market Research Report at
http://www.futuremarketinsights.com/reports/details/us-plastic-to-fuel-market
TABLE OF CONTENT
1. Executive Summary
2. Research Methodology
3. Assumptions & Acronyms Used
4. Market Overview
4.1 Market Introduction- U.S. Plastic-to-fuel Market
4.1.1 Market Definition
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competitive framework, and future market trends.
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Related Links:
Press Release on U.S. Plastic-to-fuel Market Forecast:
http://www.futuremarketinsights.com/pressreleases/details/us-plastic-to-fuelmarket
Article on U.S. Plastic-to-fuel Market Growth:
http://www.futuremarketinsights.com/articles/details/us-plastic-to-fuel-market