Demand for refuse-derived fuel is observed in a wide spectrum of peculiar WtE facilities (waste to energy), where production of electricity and heat energy for commercial purposes is done using low-calorific value refuse-derived fuel.
Refuse-derived fuel demand is mostly observed in European countries, making the region account for nearly 60% of the global market share. Key actors present in this region involve themselves in developing effective production methods and processes to meet the rising demand from various end-use industries.
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In 2024, the market for refuse-derived fuel observed a contraction of 1.5%. However, the industry is set to get back on track by Q2 of 2024, and things looks brighter for the years ahead.
As per Fact.MR’s report, the refuse-derived fuel market is estimated to be valued at US$ 2.2 Bn in 2024, and is anticipated to expand at a CAGR of around 3.5% over the forecast period of 2024-2031.
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Market Segmentation
Fact.MR has studied the refuse-derived fuel market with detailed segmentation on the basis of fuel type, application, and region.
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Analysis on Market Size Evaluation
The market has been analyzed for each market segment in terms of volume (KT) and value (US$ Mn).
Market estimates at global and regional levels for refuse-derived fuel are available in terms of “US$ Mn” for value and in “KT” for volume. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global refuse-derived fuel market.
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Inspected Assessment on Regional Segments
Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the market during the forecast period.
Country-specific valuation on demand for refuse-derived fuel has been offered for each regional market, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.
Detailed breakup in terms of value and volume for emerging countries has also been included in the report.
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In-depth Analysis on Competitive Landscape
The report sheds light on the leading manufacturers of refuse-derived fuel, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of refuse-derived fuels has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.
Company profiles have been included in the report, which include essentials such as product portfolio and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the refuse-derived fuel market. Prominent companies operating in this space include SUEZ Recycling and Recovery UK Ltd., Renewi, Biffa, Country Style Recycling Limited, EcoUrja, FCC Austria Abfall Service AG, ESTRE AMBIENTAL INC., Veolia, Carley Group Plc, and Mion Ventoltermica Depurazioni S.p.A.
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