Global Solid Recovered Fuel (SRF) In-Depth Monitoring and Development Analysis Report 2023

Length- 126 Pages | Published Date - 2023-05-30 | Report Id- 1889
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In terms of market side, this report researches the Solid Recovered Fuel (SRF) revenue, growth rate, market share by manufacturers, by type, by application and by region (region level and country level), from 2018 to 2023, and forecast to 2029.

This report aims to provide a comprehensive presentation of the global market for Solid Recovered Fuel (SRF), with and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solid Recovered Fuel (SRF).

Within the research scope of this report, it shows that the global Solid Recovered Fuel (SRF) market had a market size of about 1151.48 Million USD in 2022, growing at a CAGR of 5.22% during 2023-2029 to 1644.65 Million USD in 2029.

MARKET COMPETITIVE LANDSCAPE:
Major players in this market include Veolia, Beauparc, Geminor, Suzhou Jono Environmental Engineering Co., Ltd., BBMG Corporation, and etc.
---The combined market share of the Top 3 players in the global Solid Recovered Fuel (SRF) market is about 7.94%.

REGION SHARE:
The report covers the market size information of major Regions/Countries around the world, including NA/United States, EU/Germany, APAC/China, LA/SA, MEA and etc.
---In the geographical distribution of Solid Recovered Fuel (SRF) market in 2022, the Europe has the largest market size and its market share is about 51.38%, followed by Asia Pacific and its market share is about 36.89%.

SEGMENT OVERVIEW:
This report conducts segment analysis on type and application level. Type segment includes Low Grade: Below 10 MJ/Kg, High Grade: Above 10 MJ/Kg, etc. Application segment includes Cement Plants, Lime Plants, etc.
---High Grade: Above 10 MJ/Kg contributes approximately 65.29% share to the market in 2022.
---Cement Plants contributes approximately 48.76% share to the market in 2022.

Report Includes:
This report presents an overview of global market for Solid Recovered Fuel (SRF). Analyses of the global market trends, with historic market revenue data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key players of Solid Recovered Fuel (SRF), also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Solid Recovered Fuel (SRF), and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Solid Recovered Fuel (SRF) market share and industry ranking of main players, data from 2018 to 2023. Identification of the major stakeholders in the global Solid Recovered Fuel (SRF) market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, from 2018 to 2029. Evaluation and forecast the market size for Solid Recovered Fuel (SRF) sales, projected growth trends, technology, application and end-user industry.

Solid Recovered Fuel (SRF) is a type of fuel derived from non-hazardous waste materials, typically produced through a mechanical and/or biological treatment process. Here are some observed market trends in the SRF market:

Increasing Focus on Waste Management and Circular Economy: The SRF market is driven by the growing emphasis on waste management and the transition towards a circular economy. SRF offers an alternative to traditional fossil fuels and helps reduce landfill waste by diverting waste materials towards energy recovery. Governments and environmental agencies are promoting the use of SRF as a sustainable and efficient fuel source, leading to increased demand.

Stringent Environmental Regulations: Stringent environmental regulations and policies aimed at reducing greenhouse gas emissions and promoting sustainable practices are driving the adoption of SRF. SRF offers a more environmentally friendly alternative to fossil fuels, as it contributes to lower carbon emissions and reduces reliance on finite natural resources. The implementation of regulations such as waste-to-energy directives and landfill diversion targets further supports the growth of the SRF market.

Rising Energy Demand and Energy Security Concerns: The growing global energy demand and concerns about energy security have spurred the market for alternative fuels like SRF. As traditional fossil fuel reserves dwindle and energy costs fluctuate, there is an increasing focus on diversifying energy sources. SRF provides a viable and sustainable option to meet energy needs, especially in industries such as cement kilns, power plants, and district heating systems.

Growing Demand from Industrial and Commercial Sectors: The industrial and commercial sectors, including cement production, steel manufacturing, and waste-to-energy plants, are major consumers of SRF. These sectors are increasingly using SRF as a substitute for traditional fossil fuels to reduce costs, lower carbon emissions, and comply with environmental regulations. The availability of consistent and high-quality SRF plays a crucial role in driving its adoption in these sectors.

Technological Advancements in SRF Production: Technological advancements in waste treatment and processing have improved the efficiency and quality of SRF production. Advanced sorting and separation technologies enable the extraction of valuable materials from waste streams, resulting in higher-quality SRF with better calorific value and lower moisture content. These advancements contribute to the market growth by enhancing the attractiveness of SRF as a reliable fuel source.

Collaborations and Partnerships in the Value Chain: Collaboration among stakeholders in the SRF value chain, including waste management companies, recyclers, energy producers, and regulatory bodies, is becoming more common. Such collaborations help streamline the collection, processing, and distribution of SRF, ensuring a consistent and reliable supply to end-users. Partnerships also facilitate knowledge sharing, technological advancements, and the development of industry standards and best practices.

Regional Market Growth: The demand for SRF varies across regions due to differences in waste management practices, regulatory frameworks, and energy requirements. Regions with well-established waste-to-energy infrastructure and supportive policies, such as Europe, have experienced significant growth in the SRF market. Emerging economies, including Asia-Pacific and Latin America, are also witnessing increasing interest in SRF as they focus on improving waste management practices and diversifying energy sources.

Highlights-Regions
North America
United States
Canada

Asia Pacific
China
Japan
Korea
Southeast Asia
India
Australia

Europe
Germany
France
UK
Italy
Russia
Spain
Nordic

South America
Brazil
Argentina
Colombia
Mexico

Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Player list
Veolia
Beauparc
Geminor
Suzhou Jono Environmental Engineering Co., Ltd.
BBMG Corporation
Enva
ENVIRONNEMENT MASSIF CENTRAL
ThermoTeam
Dakim Environmental Protection Enterprise Co.,Ltd.
SsangYong C&E
CIMPOR Industria de Cimentos, SA
Cheng Loong Corporation
North West Recycling
PAPREC
Longshun Green Energy Technology

Types list
Low Grade: Below 10 MJ/Kg
High Grade: Above 10 MJ/Kg

Application list
Cement Plants
Lime Plants
Coal Fired Power Plants
Combined Heat and Power (CHP)
Others

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