Spain Plastic To Fuel Market Size & Outlook, 2024-2030
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Spain plastic to fuel market highlights
- The Spain plastic to fuel market generated a revenue of USD 23.7 million in 2023 and is expected to reach USD 95.2 million by 2030.
- The Spain market is expected to grow at a CAGR of 19.5% from 2024 to 2030.
- In terms of segment, pyrolysis was the largest revenue generating technology in 2023.
- Gasification is the most lucrative technology segment registering the fastest growth during the forecast period.
Plastic to fuel market data book summary
| Market revenue in 2023 | USD 23.7 million |
| Market revenue in 2030 | USD 95.2 million |
| Growth rate | 19.5% (CAGR from 2024 to 2030) |
| Largest segment | Pyrolysis |
| Fastest growing segment | Gasification |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pyrolysis, Gasification |
| Key market players worldwide | Plastic2Oil Inc, Neste OYJ, Agilyx ASA Ordinary Shares |
Other key industry trends
- In terms of revenue, Spain accounted for 4.5% of the global plastic to fuel market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany plastic to fuel market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 63.3 million by 2030.
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Plastic To Fuel Market Scope
Plastic To Fuel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Neste OYJ | View profile | 5942 | Keilaranta 21, P.O. Box 95, Neste, Espoo, Finland, 00095 | https://www.neste.com |
| Plastic2Oil Inc | View profile | 4 | 20 Iroquois Street, Niagara Falls, NY, United States, 14303 | https://www.plastic2oil.com |
| Agilyx ASA Ordinary Shares | View profile | 114 | 13240 SW Wall Street, Tigard, OR, United States, 97223 | https://www.agilyx.com |
Spain plastic to fuel market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to plastic to fuel market will help companies and investors design strategic landscapes.
Pyrolysis was the largest segment with a revenue share of 126.16% in 2023. Horizon Databook has segmented the Spain plastic to fuel market based on pyrolysis, gasification covering the revenue growth of each sub-segment from 2018 to 2030.
In order to increase recycling, the government has introduced a ‘zero-waste’ strategy in Barcelona, which involves improving its waste management systems. The above-mentioned initiatives are expected to benefit the plastic to fuel market in the country over the forecast period.
The government of Spain has come up with a new legislation which prohibits dumping of plastics in land area that can be recycled. The government is providing incentives in order to encourage the plastics to fuel conversion and increase the recycling rate in the country.
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Our clientele includes a mix of plastic to fuel market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain plastic to fuel market , including forecasts for subscribers. This country databook contains high-level insights into Spain plastic to fuel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain plastic to fuel market size, by technology, 2018-2030 (US$M)
Spain Plastic To Fuel Market Outlook Share, 2023 & 2030 (US$M)
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