Fuel derived from plastic provides a cleaner burning fuel as compared to conventional fossil fuels used predominantly, owing to the lower content of sulfur. The majority of the population in emerging economies uses diesel with higher sulfur content. In addition to this, various factors such as rising infrastructure, increasing technology, and expansion of plant capacity are expected to provide lucrative growth during the forecast period.
Market Dynamics
U.S Plastic to Fuel Market has witnessed a surge in the market growth in terms of revenue in recent past years, owing to the rising growth in demand for energy among various industries such as chemical, consumer goods, manufacturing, cosmetics, and others in the country. The surge in the plastic consumption across the U.S. is fueling the growth of the plastic to fuel market in the U.S.
On the basis of fuel, U.S. Plastic to fuel market can be segmented into Agilyx, Vadxx, GETH, RES Polyflow, and Cenco. U.S. is expected to witness substantial growth during the forecast period owing to the rising demand for plastics as feedstock in the U.S. Furthermore, stringent government policies in the U.S. towards energy security is anticipated to drive the growth of the plastic to fuel market.
Key features of the study:
- This report provides in-depth analysis of the U.S. plastic to fuel market size (US$ Million), and Compound Annual Growth Rate (CAGR %) for the forecast period (2023 – 2030), considering 2022 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
- It profiles leading players in the U.S. plastic to fuel market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Plastic2Oil, Agilyx Corporation, Vadxx Energy, and Green Envirotec Holdings
- Insights from this report would allow marketers and the management authorities of companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- The U.S. plastic to fuel market report caters to various stakeholders in this industry including investors, suppliers, U.S. plastic to fuel manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the U.S. plastic to fuel market
Detailed Segmentation:
- U.S. Plastic to fuel Market, By End Product:
- U.S. Plastic to fuel Market, By Processors:
- U.S. Plastic to fuel Market, By Fuels:
- Agilyx
- Vadxx
- GETH
- RES Polyflow
- Cenco
- Company Profiles
- Plastic2Oil
- Agilyx Corporation
- Vadxx Energy
- Green Envirotec Holdings