The global solid recovered fuel market size is projected to reach USD 12.14 million by 2033, growing at a steady CAGR of 6.5% from 2026 to 2033, according to a new report by Grand View Research, Inc. Rising global emphasis on sustainable waste management and the transition toward low-carbon energy sources are key factors driving market expansion. Solid recovered fuel, produced from non-hazardous municipal and commercial waste, is increasingly recognized as an efficient alternative to conventional fossil fuels due to its high calorific value and ability to reduce greenhouse gas emissions while supporting resource recovery.
Growing regulatory pressure to minimize landfill usage and promote circular economy practices is accelerating SRF adoption across energy-intensive industries such as cement manufacturing, power generation, and industrial heating. Companies are actively integrating waste-derived fuels into their energy mix to lower operational costs and meet decarbonization targets. Additionally, supportive government policies encouraging waste-to-energy infrastructure development are fostering large-scale processing capacity, particularly in regions with advanced waste management frameworks.
Technological advancements in mechanical biological treatment (MBT), automated sorting, and pelletization are enhancing fuel quality, consistency, and combustion efficiency, thereby increasing industrial acceptance. Improved waste segregation systems and data-driven processing technologies are enabling more reliable SRF production while optimizing supply chains. As industries seek stable and economically viable alternatives to coal and petcoke, these innovations are strengthening investor confidence and facilitating market scalability.
Strategic collaborations among waste management companies, municipalities, energy producers, and industrial manufacturers are further reinforcing market growth by establishing integrated waste-to-fuel ecosystems. These partnerships support landfill diversion, improve energy recovery rates, and advance sustainable infrastructure development. As global sustainability goals intensify and industries prioritize cleaner fuel alternatives, the solid recovered fuel market is positioned to play a critical role in advancing circular economy objectives and supporting long-term emissions reduction.
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Based on fuel grade, Mid-Grade SRF accounted for the largest market revenue share of 45.77% in 2025, driven by its cost-effectiveness, balanced calorific value, and widespread adoption across cement manufacturing and industrial heating applications.
Based on processing technology, Mechanical Biological Treatment (MBT) accounted for the largest market revenue share of 51.17% in 2025, supported by its efficiency in processing mixed waste streams and improving fuel quality while enabling large-scale landfill diversion.
Based on end use, Cement Manufacturing accounted for the largest market revenue share of 68.43% in 2025, driven by the sector’s high thermal energy requirements and increasing substitution of coal with alternative fuels to meet emission reduction targets.
Europe dominated the global solid recovered fuel market with a revenue share of 37.01% in 2025, supported by stringent environmental regulations, advanced waste-to-energy infrastructure, and strong circular economy adoption.
Grand View Research has segmented the global solid recovered fuel market report based on fuel grade, processing technology, end use, and region:
Solid Recovered Fuel Grade Outlook (Revenue, USD Million, 2021 - 2033)
High-Grade SRF
Mid-Grade SRF
Low-Grade SRF
Solid Recovered Fuel Processing Technology Outlook (Revenue, USD Million, 2021 - 2033)
MBT
Advanced Dry Recovery
Pelletization
Solid Recovered Fuel End Use Outlook (Revenue, USD Million, 2021 - 2033)
Cement Manufacturing
Power & CHP
Industrial Heating
Solid Recovered Fuel Regional Outlook (Revenue, USD Million, 2021 - 2033)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Asia Pacific
China
India
Japan
Latin America
Brazil
Argentina
Middle East & Africa
Saudi Arabia
UAE
South Africa
List of Key Players in the Solid Recovered Fuel Market
Babcock & Wilcox Enterprises, Inc.
Biffa plc
Covanta Holding Corporation
Dalkia
FCC Environment
Hitachi Zosen Corporation
Renewi plc
SUEZ
Veolia Environment S.A.
Wheelabrator Technologies Inc.
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