Home > Chemicals & Materials > Specialty Chemicals > Europe Plastic Waste Pyrolysis Oil Market
Europe Plastic Waste Pyrolysis Oil Market was valued at USD 270.2 million in 2023 and is anticipated to grow at a CAGR of 4.6% between 2024 and 2032.
The demand for pyrolysis oil has been consistently increasing, driven by the growing requirement for alternative and sustainable energy solutions. Pyrolysis oil presents a promising avenue for mitigating greenhouse gas emissions and reducing reliance on traditional fossil fuels. Governments worldwide have introduced supportive measures and incentives to encourage the utilization of renewable energy sources. These initiatives, which encompass renewable energy goals, carbon pricing strategies, and feed-in tariffs, have played a pivotal role in fostering the acceptance of pyrolysis oil and other biofuels.
Report Attribute | Details |
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Base Year: | 2023 |
Europe Plastic Waste Pyrolysis Oil Market Size in 2023: | USD 270.2 Million |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 4.6% |
2032 Value Projection: | USD 403.9 Million |
Historical Data for: | 2019 to 2023 |
No. of Pages: | 120 |
Tables, Charts & Figures: | 142 |
Segments covered: | Feedstock, Process, End Use |
Growth Drivers: |
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Pitfalls & Challenges: |
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