Home > Chemicals & Materials > Specialty Chemicals > Europe Plastic Waste Pyrolysis Oil Market

Europe Plastic Waste Pyrolysis Oil Market Trends

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

Download Free Sample

Europe Plastic Waste Pyrolysis Oil Market Trends

Europe has enforced stringent environmental regulations and objectives aimed at combating plastic waste pollution and fostering a circular economy. Through initiatives like the European Union's Waste Framework Directive, Plastics Strategy, and Single-Use Plastics Directive, targets have been established for reducing plastic waste, enhancing recycling efforts, and promoting resource recovery. These regulatory measures create a conducive environment for the advancement of plastic waste pyrolysis as a viable waste management solution. There's a growing demand in Europe for sustainable waste management approaches, and plastic waste pyrolysis presents an eco-friendly alternative to landfilling or incineration by facilitating the conversion of plastic waste into valuable products.

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.