Europe advanced recycling technologies market is expected to reach USD 209,752.40 Thousand by 2030 from USD 127,633.63 Thousand in 2022, growing at a CAGR of 6.9% during the forecast period of 2023 to 2030.
Market Segmentation:
Europe Advanced Recycling Technologies Market, By Technology (Pyrolysis/Cracking, Gasification, Depolymerization, and Microwave ), Process Output (Naphtha, Heavy Gas Oil, and Wax Residue), End Use (Packaging, Infrastructure & Construction, Consumer Electronics, and Automotive), Country (Germany, Netherlands, Spain, U.K., Belgium, Italy, Switzerland, Austria, France, Turkey, Rest of Europe) - Industry Trends and Forecast to 2030
Overview of Europe Advanced Recycling Technologies Market Dynamics:
Driver
Increasing capability of chemical companies to unlock valuable resources through innovative recycling methods
Restraints/Challenges
Issues associated with handling of recyclable waste
Opportunities
Investment and funding opportunities
Market Players:
Some of the key market players operating in the Europe advanced recycling technologies market are listed below:
BlueAlp Innovations BV
Pyrowave
Enerkem
Recycling Avenue
Gr3n Recycling
PLASTIC ENERGY
Quantafuel ASA
Loop Industries, Inc.
Agilyx
Honeywell International Inc.
Polystyvert
Olefy Technologies Ltd.
Mura Technology Limited
Chevron Phillips Chemical Company LLC
GARBO SRL
Brightmark
Synova
TABLE OF CONTENTS
1 INTRODUCTION 20
1.1 OBJECTIVES OF THE STUDY 20
1.2 MARKET DEFINITION 20
1.3 OVERVIEW 20
1.4 LIMITATIONS 21
1.5 MARKETS COVERED 22
2 MARKET SEGMENTATION 25
2.1 MARKETS COVERED 25
2.2 GEOGRAPHICAL SCOPE 26
2.3 YEARS CONSIDERED FOR THE STUDY 27
2.4 CURRENCY AND PRICING 27
2.5 DBMR TRIPOD DATA VALIDATION MODEL 28
2.6 TECHNOLOGY LIFELINE CURVE 31
2.7 MULTIVARIATE MODELING 32
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 33
2.9 DBMR MARKET POSITION GRID 34
2.10 DBMR MARKET CHALLENGE MATRIX 35
2.11 DBMR VENDOR SHARE ANALYSIS 36
2.12 SECONDARY SOURCES 37
2.13 ASSUMPTIONS 38
3 EXECUTIVE SUMMARY 39
4 PREMIUM INSIGHTS 41
4.1 PORTER'S FIVE FORCES 42
4.1.1 THREAT OF NEW ENTRANTS 42
4.1.2 THREAT OF SUBSTITUTES 43
4.1.3 CUSTOMER BARGAINING POWER 43
4.1.4 SUPPLIER BARGAINING POWER 43
4.1.5 INTERNAL COMPETITION (RIVALRY) 44
4.2 VENDOR SELECTION CRITERIA 45
4.3 PESTLE ANALYSIS 47
4.3.1 POLITICAL FACTORS 47
4.3.2 ECONOMIC FACTORS 48
4.3.3 SOCIAL FACTORS 48
4.3.4 TECHNOLOGICAL FACTORS 48
4.3.5 LEGAL FACTORS 49
4.3.6 ENVIRONMENTAL FACTORS 49
4.4 CLIMATE CHANGE SCENARIO 50
4.4.1 ENVIRONMENTAL CONCERNS 50
4.4.2 INDUSTRY RESPONSE 50
4.4.3 GOVERNMENTS ROLE 51
4.4.4 ANALYST RECOMMENDATION 51
4.5 RAW MATERIAL COVERAGE 52
4.6 TECHNOLOGICAL ADVANCEMENTS 53
5 REGULATION COVERAGE 54
5.1 REGULATORY FRAMEWORK AND GUIDELINES 54
6 MARKET OVERVIEW 56
6.1 DRIVERS 58
6.1.1 SHIFTING INCLINATION TOWARDS CIRCULAR ECONOMY FROM COMPANIES AND VARIOUS GOVERNMENTS 58
6.1.2 POSITIVE OUTLOOK TOWARDS SUSTAINABLE PLASTIC WASTE MANAGEMENT 59
6.1.3 INCREASING CAPABILITY OF CHEMICAL COMPANIES TO UNLOCK VALUABLE RESOURCES THROUGH INNOVATIVE RECYCLING METHODS 60
6.2 RESTRAINTS 61
6.2.1 THE LACK OF WELL-ESTABLISHED RECYCLING INFRASTRUCTURE AND LOGISTICAL CHALLENGE 61
6.2.2 HIGH INVESTMENT COST ASSOCIATED WITH INITIAL INSTALLATION OF EQUIPMENT AND FACILITIES 62
6.3 OPPORTUNITIES 63
6.3.1 RISING ACCESS TOWARDS PREMIUM QUALITY EQUIPMENT AND CONSUMABLES FOR INDUCING RECYCLING PRACTICES 63
6.3.2 EXTENSIVE SCOPE OF SYNERGIZING THE EXPERTISE BETWEEN TECHNOLOGICAL PROVIDERS AND CHEMICAL MANUFACTURERS 63
6.4 CHALLENGE 64
6.4.1 ISSUES ASSOCIATED WITH HANDLING OF RECYCLABLE WASTE 64
7 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TECHNOLOGY 65
7.1 OVERVIEW 66
7.2 PYROLYSIS/CRACKING 67
7.3 GASIFICATION 68
7.4 DEPOLYMERIZATION 68
7.5 MICROWAVE 69
8 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET, BY PROCESS OUTPUT 70
8.1 OVERVIEW 71
8.2 NAPHTHA 72
8.3 HEAVY GAS OIL 73
8.4 WAX RESIDUE 73
9 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET, BY END USE 74
9.1 OVERVIEW 75
9.2 PACKAGING 76
9.2.1 NON-FOOD PACKAGING 76
9.2.2 FOOD & BEVERAGES PACKAGING 76
9.3 INFRASTRUCTURE & CONSTRUCTION 76
9.4 CONSUMER ELECTRONICS 78
9.5 AUTOMOTIVE 78
10 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET, BY REGION 79
10.1 EUROPE 80
10.1.1 GERMANY 85
10.1.2 NETHERLANDS 86
10.1.3 SPAIN 87
10.1.4 U.K. 87
10.1.5 BELGIUM 89
10.1.6 ITALY 90
10.1.7 SWITZERLAND 91
10.1.8 AUSTRIA 92
10.1.9 FRANCE 93
10.1.10 TURKEY 94
10.1.11 REST OF EUROPE 95
11 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET: COMPANY LANDSCAPE 96
11.1 COMPANY SHARE ANALYSIS: EUROPE 96
11.2 COLLABORATION 97
11.3 PLANT CONSTRUCTION 97
11.4 CONSTRUCTION COMMENCEMENT 98
11.5 JOINT VENTURE 98
11.6 PRODUCTION CAPACITY 98
12 SWOT ANALYSIS 99
13 COMPANY PROFILES 100
13.1 HONEYWELL INTERNATIONAL INC. 100
13.1.1 COMPANY SNAPSHOT 100
13.1.2 REVENUE ANALYSIS 100
13.1.3 COMPANY SHARE ANALYSIS 101
13.1.4 PRODUCT PORTFOLIO 101
13.1.5 RECENT DEVELOPMENTS 101
13.2 CHEVRON PHILLIPS CHEMICAL COMPANY LLC 103
13.2.1 COMPANY SNAPSHOT 103
13.2.2 COMPANY SHARE ANALYSIS 103
13.2.3 PRODUCT PORTFOLIO 103
13.2.4 RECENT DEVELOPMENTS 104
13.3 SYNOVA 105
13.3.1 COMPANY SNAPSHOT 105
13.3.2 COMPANY SHARE ANALYSIS 105
13.3.3 PRODUCT PORTFOLIO 105
13.3.4 RECENT DEVELOPMENTS 106
13.4 ENERKEM 107
13.4.1 COMPANY SNAPSHOT 107
13.4.2 COMPANY SHARE ANALYSIS 107
13.4.3 PRODUCT PORTFOLIO 108
13.4.4 RECENT DEVELOPMENTS 108
13.5 BRIGHTMARK 110
13.5.1 COMPANY SNAPSHOT 110
13.5.2 COMPANY SHARE ANALYSIS 110
13.5.3 PRODUCT PORTFOLIO 111
13.5.4 RECENT DEVELOPMENTS 111
13.6 AGILYX 113
13.6.1 COMPANY SNAPSHOT 113
13.6.2 REVENUE ANALYSIS 113
13.6.3 PRODUCT PORTFOLIO 114
13.6.4 RECENT DEVELOPMENTS 114
13.7 BLUEALP INNOVATIONS BV 116
13.7.1 COMPANY SNAPSHOT 116
13.7.2 PRODUCT PORTFOLIO 116
13.7.3 RECENT DEVELOPMENT 116
13.8 GARBO SRL 117
13.8.1 COMPANY SNAPSHOT 117
13.8.2 PRODUCT PORTFOLIO 117
13.8.3 RECENT DEVELOPMENTS 117
13.9 GR3N RECYCLING 118
13.9.1 COMPANY SNAPSHOT 118
13.9.2 PRODUCT PORTFOLIO 118
13.9.3 RECENT DEVELOPMENTS 119
13.10 LOOP INDUSTRIES, INC. 120
13.10.1 COMPANY SNAPSHOT 120
13.10.2 PRODUCT PORTFOLIO 120
13.10.3 RECENT DEVELOPMENTS 121
13.11 MURA TECHNOLOGY LIMITED 122
13.11.1 COMPANY SNAPSHOT 122
13.11.2 PRODUCT PORTFOLIO 122
13.11.3 RECENT DEVELOPMENTS 123
13.12 OLEFY TECHNOLOGIES LTD. 125
13.12.1 COMPANY SNAPSHOT 125
13.12.2 PRODUCT PORTFOLIO 125
13.12.3 RECENT DEVELOPMENTS 125
13.13 PLASTIC ENERGY 126
13.13.1 COMPANY SNAPSHOT 126
13.13.2 PRODUCT PORTFOLIO 126
13.13.3 RECENT DEVELOPMENTS 127
13.14 POLYSTYVERT 128
13.14.1 COMPANY SNAPSHOT 128
13.14.2 PRODUCT PORTFOLIO 128
13.14.3 RECENT DEVELOPMENTS 129
13.15 PYROWAVE 130
13.15.1 COMPANY SNAPSHOT 130
13.15.2 PRODUCT PORTFOLIO 130
13.15.3 RECENT DEVELOPMENT 131
13.16 QUANTAFUEL ASA 132
13.16.1 COMPANY SNAPSHOT 132
13.16.2 REVENUE ANALYSIS 132
13.16.3 PRODUCT PORTFOLIO 133
13.16.4 RECENT DEVELOPMENT 133
13.17 RECYCLING AVENUE 134
13.17.1 COMPANY SNAPSHOT 134
13.17.2 PRODUCT PORTFOLIO 134
13.17.3 RECENT DEVELOPMENT 134
14 QUESTIONNAIRE 135
15 RELATED REPORTS 138