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Global Energy Chemicals and Oil Market from waste plastic Forecast 2015 – 2021
Occams Business Research & Consulting
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Table of contents
•Introduction
•Value Chain Analysis
•Market Segmentation
oBy end product
oBy waste material
•Alternative sources of waste management (Sector Analysis)
•Market Drivers
•Market Restraints
•Market Challenges
•Market Opportunities
•Key Strategies of Market Leaders
•Geography Analysis
•Market Estimations
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Energy, chemicals, and oil are the various forms of energy, which are
recovered from waste plastic. Some part of waste plastic is recycled and
remaining is dumped into the ground, which means that energy worth
millions of dollars is being dumped into the ground every day.
According to estimates, around 8% i.e. 134 million tons of plastic
exists in Municipal Solid Waste (MSW) worldwide, which can produce
enough energy to replace around 237 MT of coal at full capacity.
Following chart depicts the energy content of different types of fuel.
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INTRODUCTION
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INTRODUCTION
Municipal bodies, Individual & companies
Unorganized suppliers
Plastic-to-energy companies
Individuals,
Industrial waste
Electricity production
Syngas and other Energy Chemical production
Individual
Companies
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End Products
-RDF(Refuse derived fuel)-Syngas-Other Chemicals & Oil
Global Energy Chemicals and Oil Market from waste plastic
Source of Waste
material
-Packaging-Building & Construction-Automobile & Electronics-Agriculture Waste-Others
Energy Recovery Market
Geography
North America-USA-CanadaEurope-UK-Spain-Germany-Italy-France
Exhaustive segmentation &
estimations.
APAC-China-Japan-India-Thailand
Source: OBRC Analysis
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Packaging Industry contributes to almost 40% of the total
plastic waste production
Source: OBRC Analysis
Packaging
Building & Construction
Automotive & Electronics
Agriculture
Others
Industrial Sources of Plastic Waste(%), 2014
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RDF is the largest segment and will continue to dominate
Syngas is growing at a highest CAGR of 12.7% during(2014-2020)
Source: OBRC Analysis
Refuse-derivedfuel (RDF)
Gasificationandpyrolysis(Syngas)
Otherchemicals
2013 2020
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Heat content from plastic waste is more than in natural resources such as coal and wood.
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Energy from plastic waste
Source: OBRC Analysis
Material Heat content (btu/Lb)
Fuel oil 20,900
Plastics 17,000-18,600
Rubber and leather 12,800
Coal 9,600
Textiles 9,400
Newspaper 8,000
Wood 7,300
Corrugated boxes (paper) 7,000
Average MSW 5,900
Yard waste 2,900
Food waste 2,900
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Almost 63% of the total plastic waste production is sent to Landfill
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Alternative Waste Management Process Market
Source: OBRC Analysis
Biodegradation
Landfill
Recycling
Incineration &Feedstock Recovery
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England (UK) - 177 million ton/year MSW is generated, causing harmful
environmental effects(Waste Prevention Program for England)
Canada(North America) - Canada’s $29.2 billion plastic industry generating waste
in large amount (Integrated Waste Management Program)
China(Asia Pacific) – World’s Largest Importer of plastic waste(Operation Green
Fence)
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Market Determinants – Growing Environmental Concerns
and Government Efforts
Source: OBRC Analysis
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Fluctuating petroleum prices Key Driving Force
Source: OBRC Analysis
Nominal Price
$0.00
$20.00
$40.00
$60.00
$80.00
$100.002
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Rapid growth in plastic production
0
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100
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2009 2010 2011 2012 2013 2014
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Government restrictions due to unsafe and unhygienic Sites. Strict government regulations while selection of these sites.
High Initial Cost for the establishment of a recovery plant. A relatively small waste to renewable energy plant (with capacity 75,000 tones per annum) could cost $28.5 million.
Extensive labor require to classify various grades of plastics.
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Key Restraints of Energy Recovery Market – What is the
Business Impact?
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Opportunity Analysis & More….
Asia is growing as the emerging market for the WTE facilities. Currently, the total production of plastic waste in Asia region is 38MT/year.
Adoption of new technology for effective waste management. Companies are now adopting new conversion technologies such as gasification and liquefaction.
Government Investment in WTE projects.
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Adoption of newer technologies and processes for more efficient output.
However, high initial cost for setting up WTE plant is a major challenge for potential entrants.
Demand for skilled people is a major challenge before adoption of new technologies.
The sector demands for various public and private funding to overcome the challenge of infrastructure development.
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How to Overcome Market Challenges?
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Natureworks-Ingeo
BASF-Ecovio
Mitsubishi-Ecoloju and PLAbio
Teijin-Biofront
1. Innovation fueling market growth:-Innovative new products and process making energy recovery even better and efficient.
2. Development of new plants: to utilize the excessive production of plastic waste.
3. Agreements with local governments : to attract government funding
4. Partnerships with companies from various industrial sources of plastic waste.
5. North America is the potential market for development of new plants.
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Step by Step Strategic Analysis & Business
Implications of Market Participants
PLA is marketed as Eco-Friendly Product
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Geographic Analysis……1
The market is dominated by Europe with highest number of
WTE facilities in the region. However, increasing efforts from
North American countries will drive the future growth.
Source: OBRC Analysis
North america
Europe
Asia
Row
2013 2014
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Global Energy Chemicals & Oil Market from plastic waste by Geographies
Market Estimation – Sample Tables
Global Energy Chemicals & Oil Market from plastic waste by End Products
Source: OBRC Analysis
Energy
Recovery
market 2014 2015 2016 2017 2018 2019 2020
CAGR%(2015-
2021)
Refuse-
derived fuel
(RDF) XXX XXX XXX XXX XXX XXX XXX
XXX
Gasification
and
pyrolysis(Syng
as) XXX XXX XXX XXX XXX XXX XXX
XXX
Other
chemicals XXX XXX XXX XXX XXX XXX XXXXXX
Total XXX XXX XXX XXX XXX XXX XXX XXX
Geography
Market 2014 2015 2016 2017 2018 2019 2020
CAGR%(2015-
2021))
North America XXX XXX XXX XXX XXX XXX XXX XXX
Europe XXX XXX XXX XXX XXX XXX XXX XXX
Asia XXX XXX XXX XXX XXX XXX XXX XXX
Row XXX XXX XXX XXX XXX XXX XXX XXX
Total XXX XXX XXX XXX XXX XXX XXX XXX
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Market Estimation contd…
•RDF is the largest producing end product derived from plasticwaste.
•Adoption of new processes such as gasification & pyrolysis willdrive the production of Syngas which is expected to grow at aCAGR 12.7%(2014-2020)
For More Information Please Click Global Energy Chemicals
and Oil Market from waste plastic - Recovery & Technologies -
Recycled Plastics & Plastic Waste to Oil (Plastic Waste
Products, Plastic Packaging Waste), Industry Analysis, Size,
Share, Growth, Trends And Forecast, 2015 – 2021
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