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Europe Plastic Waste Pyrolysis Oil Market Size

  • Report ID: GMI8884
  • Published Date: Apr 2024
  • Report Format: PDF

Europe Plastic Waste Pyrolysis Oil Market Size

Europe Plastic Waste Pyrolysis Oil Market was valued at USD 270.2 million in 2023 and is anticipated to grow at a CAGR of 4.6% between 2024 and 2032.

 

The demand for pyrolysis oil has been consistently increasing, driven by the growing requirement for alternative and sustainable energy solutions. Pyrolysis oil presents a promising avenue for mitigating greenhouse gas emissions and reducing reliance on traditional fossil fuels. Governments worldwide have introduced supportive measures and incentives to encourage the utilization of renewable energy sources. These initiatives, which encompass renewable energy goals, carbon pricing strategies, and feed-in tariffs, have played a pivotal role in fostering the acceptance of pyrolysis oil and other biofuels.

 

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

Europe plastic waste pyrolysis oil market size reached USD 270.2 million in 2023 and will grow at 4.6% CAGR through 2032, driven by the growing requirement for alternative and sustainable energy solutions.

The Fuel segment size will expand at 3.5% CAGR till 2032, driven by the ongoing increase in global plastic waste production.

Germany plastic waste pyrolysis oil market will exceed USD 85 million by 2032, driven by stringent regulations and policies aimed at reducing plastic waste and promoting recycling.

Agile Process Chemicals LLP, Agilyx, AMMA GREEN TECHNOLOGY, Chevron Phillips Chemical Company LLC., Ecomation Oy, ETIA S.A.S., Kingtiger (Shanghai) Environmental Technology Co., Ltd., Klean Industries, Nexus Circular among others.

Europe Plastic Waste Pyrolysis Oil Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 142
  • Countries covered: 6
  • Pages: 120
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