Europe Advanced Recycling Technologies Market - Industry Trends and Forecast to 2030

Description

List of Tables

Europe advanced recycling technologies market is expected to reach USD 209,752.40 Thousad 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, & Construction, Consumer Electronics, and Automotive), Country (Germany, Netherlands, Spain, U.K., Belgium, Italy, Switzerland, Austria, France, Turkey, and 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
Restraint
Issues associated with handling of recyclable waste
Opportunity
Investment and funding opportunities

Market Players:

Some of the key market players operating in the Europe advanced recycling technologies market are:

Honeywell International Inc.
Chevron Phillips Chemical Company LLC
Synova
Gr3n Recycling
Quantafuel ASA
Agilyx
BlueAlp Innovations BV
GARBO SRL
Mura Technology Limited
Olefy Technologies Ltd.
PLASTIC ENERGY
Recycling Avenue

1 INTRODUCTION 11

1.1 OBJECTIVES OF THE STUDY 11
1.2 MARKET DEFINITION 11
1.3 OVERVIEW 11
1.4 LIMITATIONS 12
1.5 MARKETS COVERED 12

2 MARKET SEGMENTATION 14

2.1 MARKETS COVERED 14
2.2 GEOGRAPHICAL SCOPE 15
2.3 YEARS CONSIDERED FOR THE STUDY 15
2.4 CURRENCY AND PRICING 15
2.5 DBMR TRIPOD DATA VALIDATION MODEL 16
2.6 MULTIVARIATE MODELING 19
2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 20
2.8 DBMR MARKET POSITION GRID 21
2.9 DBMR VENDOR SHARE ANALYSIS 22
2.10 MARKET END USE COVERAGE GRID 23
2.11 SECONDARY SOURCES 24
2.12 ASSUMPTIONS 25

3 EXECUTIVE SUMMARY 26

4 PREMIUM INSIGHTS 28

4.1 PESTLE ANALYSIS 29
- 4.1.1 ECONOMIC FACTORS 29
- 4.1.2 SOCIAL FACTORS 30
- 4.1.3 TECHNOLOGICAL FACTORS 30
- 4.1.4 LEGAL FACTORS 30
- 4.1.5 ENVIRONMENTAL FACTORS 31
4.2 PORTER'S FIVE FORCES 32
- 4.2.1 THREAT OF NEW ENTRANTS 32
- 4.2.2 THREAT OF SUBSTITUTES 32
- 4.2.3 CUSTOMER BARGAINING POWER 33
- 4.2.4 SUPPLIER BARGAINING POWER 33
- 4.2.5 INTERNAL COMPETITION (RIVALRY) 33
4.3 CLIMATE CHANGE SCENARIO 34
- 4.3.1 ENVIRONMENTAL CONCERNS 34
- 4.3.2 INDUSTRY RESPONSE 34
- 4.3.3 GOVERNMENT'S ROLE 34
- 4.3.4 ANALYST RECOMMENDATION 34
4.4 TECHNOLOGICAL ADVANCEMENTS 35
4.5 VENDOR SELECTION CRITERIA 36
4.6 RAW MATERIAL COVERAGE 38

5 REGULATION COVERAGE 39

5.1 REGULATORY FRAMEWORK AND GUIDELINES 39

6 MARKET OVERVIEW 41

6.1 DRIVERS 43
- 6.1.1 SHIFTING INCLINATION TOWARDS CIRCULAR ECONOMY 43
- 6.1.2 POSITIVE OUTLOOK TOWARDS SUSTAINABLE PLASTIC WASTE MANAGEMENT 43
- 6.1.3 INCREASE IN THE CAPABILITY OF CHEMICAL COMPANIES TO UNLOCK VALUABLE RESOURCES 44
6.2 RESTRAINTS 45
- 6.2.1 THE LACK OF WELL-ESTABLISHED RECYCLING INFRASTRUCTURE AND LOGISTICAL CHALLENGE 45
- 6.2.2 HIGH INVESTMENT COST ASSOCIATED WITH INITIAL INSTALLATION OF EQUIPMENT AND FACILITIES 45
6.3 OPPORTUNITIES 46
- 6.3.1 RISING ACCESS TOWARDS PREMIUM QUALITY EQUIPMENT AND CONSUMABLES 46
- 6.3.2 EXTENSIVE SCOPE OF SYNERGIZING THE EXPERTISE 46
6.4 CHALLENGE 47
- 6.4.1 ISSUES ASSOCIATED WITH HANDLING OF RECYCLABLE WASTE 47

7 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET, BY REGION 48

7.1 EUROPE 48
- 7.1.1 GERMANY 53
- 7.1.2 NETHERLANDS 54
- 7.1.3 SPAIN 55
- 7.1.4 U.K. 56
- 7.1.5 BELGIUM 57
- 7.1.6 ITALY 58
- 7.1.7 SWITZERLAND 59
- 7.1.8 AUSTRIA 60
- 7.1.9 FRANCE 61
- 7.1.10 TURKEY 62
- 7.1.11 REST OF EUROPE 63

8 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET: COMPANY LANDSCAPE 64

8.1 COMPANY SHARE ANALYSIS: EUROPE 64

9 SWOT ANALYSIS 65

10 COMPANY PROFILES 66

10.1 HONEYWELL INTERNATIONAL INC. 66
- 10.1.1 COMPANY SNAPSHOT 66
- 10.1.2 REVENUE ANALYSIS 66
- 10.1.3 PRODUCT PORTFOLIO 67
- 10.1.4 RECENT DEVELOPMENT 67
10.2 CHEVRON PHILLIPS CHEMICAL COMPANY LLC 68
- 10.2.1 COMPANY SNAPSHOT 68
- 10.2.2 PRODUCT PORTFOLIO 68
- 10.2.3 RECENT DEVELOPMENTS 68
10.3 SYNOVA 70
- 10.3.1 COMPANY SNAPSHOT 70
- 10.3.2 PRODUCT PORTFOLIO 70
- 10.3.3 RECENT DEVELOPMENTS 70
10.4 PLASTIC ENERGY 72
- 10.4.1 COMPANY SNAPSHOT 72
- 10.4.2 PRODUCT PORTFOLIO 72
- 10.4.3 RECENT DEVELOPMENT 72
10.5 GR3N RECYCLING 73
- 10.5.1 COMPANY SNAPSHOT 73
- 10.5.2 PRODUCT PORTFOLIO 73
- 10.5.3 RECENT DEVELOPMENTS 73
10.6 AGILYX 74
- 10.6.1 COMPANY SNAPSHOT 74
- 10.6.2 REVENUE ANALYSIS 74
- 10.6.3 PRODUCT PORTFOLIO 75
- 10.6.4 RECENT DEVELOPMENTS 75
10.7 BLUEALP INNOVATIONS BV 76
- 10.7.1 COMPANY SNAPSHOT 76
- 10.7.2 PRODUCT PORTFOLIO 76
- 10.7.3 RECENT DEVELOPMENT 76
10.8 GARBO SRL 77
- 10.8.1 COMPANY SNAPSHOT 77
- 10.8.2 PRODUCT PORTFOLIO 77
- 10.8.3 RECENT DEVELOPMENT 77
10.9 MURA TECHNOLOGY LIMITED 78
- 10.9.1 COMPANY SNAPSHOT 78
- 10.9.2 PRODUCT PORTFOLIO 78
- 10.9.3 RECENT DEVELOPMENTS 78
10.10 OLEFY TECHNOLOGIES LTD. 80
- 10.10.1 COMPANY SNAPSHOT 80
- 10.10.2 PRODUCT PORTFOLIO 80
- 10.10.3 RECENT DEVELOPMENT 80
10.11 QUANTAFUEL ASA 81
- 10.11.1 COMPANY SNAPSHOT 81
- 10.11.2 REVENUE ANALYSIS 81
- 10.11.3 PRODUCT PORTFOLIO 82
- 10.11.4 RECENT DEVELOPMENT 82
10.12 RECYCLING AVENUE 83
- 10.12.1 COMPANY SNAPSHOT 83
- 10.12.2 PRODUCT PORTFOLIO 83
- 10.12.3 RECENT DEVELOPMENT 83

11 QUESTIONNAIRE 84

12 RELATED REPORTS 87

LIST OF TABLES

TABLE 1 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET, BY COUNTRY, 2021-2030 (USD THOUSAND) 51
TABLE 2 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TECHNOLOGY, 2021-2030 (USD THOUSAND) 51
TABLE 3 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET, BY PROCESS OUTPUT, 2021-2030 (USD THOUSAND) 51
TABLE 4 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET, BY END USE, 2021-2030 (USD THOUSAND) 52
TABLE 5 EUROPE PACKAGING IN ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TYPE, 2021-2030 (USD THOUSAND) 52
TABLE 6 GERMANY ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TECHNOLOGY, 2021-2030 (USD THOUSAND) 53
TABLE 7 GERMANY ADVANCED RECYCLING TECHNOLOGIES MARKET, BY PROCESS OUTPUT, 2021-2030 (USD THOUSAND) 53
TABLE 8 GERMANY ADVANCED RECYCLING TECHNOLOGIES MARKET, BY END USE, 2021-2030 (USD THOUSAND) 53
TABLE 9 GERMANY PACKAGING IN ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TYPE, 2021-2030 (USD THOUSAND) 53
TABLE 10 NETHERLANDS ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TECHNOLOGY, 2021-2030 (USD THOUSAND) 54
TABLE 11 NETHERLANDS ADVANCED RECYCLING TECHNOLOGIES MARKET, BY PROCESS OUTPUT, 2021-2030 (USD THOUSAND) 54
TABLE 12 NETHERLANDS ADVANCED RECYCLING TECHNOLOGIES MARKET, BY END USE, 2021-2030 (USD THOUSAND) 54
TABLE 13 NETHERLANDS PACKAGING IN ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TYPE, 2021-2030 (USD THOUSAND) 54
TABLE 14 SPAIN ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TECHNOLOGY, 2021-2030 (USD THOUSAND) 55
TABLE 15 SPAIN ADVANCED RECYCLING TECHNOLOGIES MARKET, BY PROCESS OUTPUT, 2021-2030 (USD THOUSAND) 55
TABLE 16 SPAIN ADVANCED RECYCLING TECHNOLOGIES MARKET, BY END USE, 2021-2030 (USD THOUSAND) 55
TABLE 17 SPAIN PACKAGING IN ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TYPE, 2021-2030 (USD THOUSAND) 55
TABLE 18 U.K. ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TECHNOLOGY, 2021-2030 (USD THOUSAND) 56
TABLE 19 U.K. ADVANCED RECYCLING TECHNOLOGIES MARKET, BY PROCESS OUTPUT, 2021-2030 (USD THOUSAND) 56
TABLE 20 U.K. ADVANCED RECYCLING TECHNOLOGIES MARKET, BY END USE, 2021-2030 (USD THOUSAND) 56
TABLE 21 U.K. PACKAGING IN ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TYPE, 2021-2030 (USD THOUSAND) 56
TABLE 22 BELGIUM ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TECHNOLOGY, 2021-2030 (USD THOUSAND) 57
TABLE 23 BELGIUM ADVANCED RECYCLING TECHNOLOGIES MARKET, BY PROCESS OUTPUT, 2021-2030 (USD THOUSAND) 57
TABLE 24 BELGIUM ADVANCED RECYCLING TECHNOLOGIES MARKET, BY END USE, 2021-2030 (USD THOUSAND) 57
TABLE 25 BELGIUM PACKAGING IN ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TYPE, 2021-2030 (USD THOUSAND) 57
TABLE 26 ITALY ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TECHNOLOGY, 2021-2030 (USD THOUSAND) 58
TABLE 27 ITALY ADVANCED RECYCLING TECHNOLOGIES MARKET, BY PROCESS OUTPUT, 2021-2030 (USD THOUSAND) 58
TABLE 28 ITALY ADVANCED RECYCLING TECHNOLOGIES MARKET, BY END USE, 2021-2030 (USD THOUSAND) 58
TABLE 29 ITALY PACKAGING IN ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TYPE, 2021-2030 (USD THOUSAND) 58
TABLE 30 SWITZERLAND ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TECHNOLOGY, 2021-2030 (USD THOUSAND) 59
TABLE 31 SWITZERLAND ADVANCED RECYCLING TECHNOLOGIES MARKET, BY PROCESS OUTPUT, 2021-2030 (USD THOUSAND) 59
TABLE 32 SWITZERLAND ADVANCED RECYCLING TECHNOLOGIES MARKET, BY END USE, 2021-2030 (USD THOUSAND) 59
TABLE 33 SWITZERLAND PACKAGING IN ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TYPE, 2021-2030 (USD THOUSAND) 59
TABLE 34 AUSTRIA ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TECHNOLOGY, 2021-2030 (USD THOUSAND) 60
TABLE 35 AUSTRIA ADVANCED RECYCLING TECHNOLOGIES MARKET, BY PROCESS OUTPUT, 2021-2030 (USD THOUSAND) 60
TABLE 36 AUSTRIA ADVANCED RECYCLING TECHNOLOGIES MARKET, BY END USE, 2021-2030 (USD THOUSAND) 60
TABLE 37 AUSTRIA PACKAGING IN ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TYPE, 2021-2030 (USD THOUSAND) 60
TABLE 38 FRANCE ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TECHNOLOGY, 2021-2030 (USD THOUSAND) 61
TABLE 39 FRANCE ADVANCED RECYCLING TECHNOLOGIES MARKET, BY PROCESS OUTPUT, 2021-2030 (USD THOUSAND) 61
TABLE 40 FRANCE ADVANCED RECYCLING TECHNOLOGIES MARKET, BY END USE, 2021-2030 (USD THOUSAND) 61
TABLE 41 FRANCE PACKAGING IN ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TYPE, 2021-2030 (USD THOUSAND) 61
TABLE 42 TURKEY ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TECHNOLOGY, 2021-2030 (USD THOUSAND) 62
TABLE 43 TURKEY ADVANCED RECYCLING TECHNOLOGIES MARKET, BY PROCESS OUTPUT, 2021-2030 (USD THOUSAND) 62
TABLE 44 TURKEY ADVANCED RECYCLING TECHNOLOGIES MARKET, BY END USE, 2021-2030 (USD THOUSAND) 62
TABLE 45 TURKEY PACKAGING IN ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TYPE, 2021-2030 (USD THOUSAND) 62
TABLE 46 REST OF EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET, BY TECHNOLOGY, 2021-2030 (USD THOUSAND) 63

LIST OF FIGURES

FIGURE 1 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET: SEGMENTATION 14
FIGURE 2 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET: DATA TRIANGULATION 16
FIGURE 3 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET: DROC ANALYSIS 17
FIGURE 4 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET: REGIONAL VS COUNTRY MARKET ANALYSIS 18
FIGURE 5 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET: COMPANY RESEARCH ANALYSIS 18
FIGURE 6 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET: MULTIVARIATE MODELLING 19
FIGURE 7 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET: INTERVIEW DEMOGRAPHICS 20
FIGURE 8 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET: DBMR MARKET POSITION GRID 21
FIGURE 9 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET: VENDOR SHARE ANALYSIS 22
FIGURE 10 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET: MARKET END USE COVERAGE GRID 23
FIGURE 11 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET: SEGMENTATION 27
FIGURE 12 POSITIVE OUTLOOK TOWARDS SUSTAINABLE PLASTIC WASTE MANAGEMENT IS EXPECTED TO DRIVE THE GROWTH OF THE EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET IN THE FORECAST PERIOD OF 2023 TO 2030 28
FIGURE 13 THE PYROLYSIS/CRACKING SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST MARKET SHARE OF THE EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET IN 2023 AND 2030 28
FIGURE 14 VENDOR SELECTION CRITERIA 36
FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET 42
FIGURE 16 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET: SNAPSHOT (2022) 48
FIGURE 17 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET: BY COUNTRY (2022) 49
FIGURE 18 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET: BY COUNTRY (2023 & 2030) 49
FIGURE 19 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET: BY COUNTRY (2022 & 2030) 50
FIGURE 20 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET: BY TECHNOLOGY (2023 - 2030) 50
FIGURE 21 EUROPE ADVANCED RECYCLING TECHNOLOGIES MARKET: COMPANY SHARE 2022 (%) 64