Refuse-Derived Fuel Market Assessment Based on Top Driving Factors during 2019 to 2029
Verfasser: ashwani_kailiya on Thursday, 5 March 2020This study offers a long-term perspective of the refuse-derived fuel landscape for the period between 2019 and 2029. The refuse-derived fuel market is projected to record ~3% CAGR through 2029. A new study of FactMR estimates the refuse-derived fuel market to reach ~50 Mn tons in 2019, recording ~3% Y-o-Y growth over 2018. A slew of aspects, ranging from narrowed prospects of landfill and increased waste generation, to government support for establishing energy from waste (EFW) facilities to local players, continue to drive development and adoption of refuse-derived fuel worldwide.
Governments across the globe have already commenced emphasizing the waste-to-energy (WtE) potential of their country, exploiting garbage that otherwise abuse landfills, to create fuel that serve as feed in myriad applications. Refuse-derived fuel adoption will benefit from growing number of WtE facilities abreast government initiatives toward reducing plastic waste and carbon emissions. As the pressure on landfill continues to grow, the future points at development of mega capacity WtE plants worldwide, driving demand for refuse-derived fuel while creating sustainable ecosystems.