REFUSE-DERIVED FUEL MARKET ANALYSIS

Refuse-Derived Fuel MarketSize and Trends

Market Dynamics

Governments across the globe are adopting refuse-derived fuel as an alternative fuel in many industries, especially in cement industry. The governments are developing their waste-to-energy plants, worldwide. Some of the key takeaways for the RDF market include:

• Cement industries are focusing on developing refuse-derived fuel plants from municipal solid wastes to minimize the pressure on landfills. The energy intensive nature of cement kilns production has prompted search for decent substitute of conventional fossil fuel, such as refuse-derived fuel.

In Europe, The secondary fuels processed from industrial and business wastes are co-incinerated for cement kiln.

• Mechanical biological treatment (MBT) is used to produce refuse-derived fuel from municipal solid wastes. Mechanical biological treatment (MBT) is less expensive and highly in demand in waste management programs. For instance, the Chartered Institution of Wastes Management (CIWM), U.K, uses MBT process to produce refuse-derived fuel from municipal solid wastes.
• Key players are focusing on developing new products to expand their product portfolio. For instance, in April 2017, Metso, a manufacturer of RDF, launched Fine-Shredders, M&J FineShred 1550, which requires less heat and power, and it is secured and easy to access and maintain during the production. Such technological advancements by manufacturers are expected to increase their market share and drive growth of the global market during forecast period.
• Asia Pacific is expected to gain a significant market share during the forecast period owing to the government regulations that support the production of RDF. For instance, the Environmental Protection Agency (EPA) of South Australia has developed a standard on the basis of information requirement and processes that are allowed for the production and combustion of refuse-derived fuel (RDF).