封面
市場調查報告書
商品編碼
1523349

熱解油 -市場佔有率分析、產業趨勢/統計、成長預測(2024-2029)

Pyrolysis Oil - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029)

出版日期: | 出版商: Mordor Intelligence | 英文 120 Pages | 商品交期: 2-3個工作天內

價格

本網頁內容可能與最新版本有所差異。詳細情況請與我們聯繫。

簡介目錄

預計2024年熱解油市場規模將達5.2億美元,2029年將達到12.8億美元,在市場預測期間(2024-2029年)複合年成長率為19.71%。

熱解油市場

由於政府實施的停工和限制,COVID-19大流行嚴重抑制了工業活動,並限制了2020-2021年熱解油市場的成長。由於原料供應減少、工作時間和條件限制以及資金緊張,化學工業、熱力發電部門陷入癱瘓。因此,熱解油這種永續但非常規燃料且在儲存和運輸方面存在挑戰的燃料已在這些地區停止使用。然而,自2021年中疫情消退以來,這些產業一直走上復甦和成長的軌道。石油和天然氣、化學和電力行業的復甦、放鬆管制導致的下游消費增加以及永續性的增強正在重振市場相關人員對熱解油的興趣。

從中期來看,對環保燃料和原料替代品的需求不斷成長,以及對熱解油在供熱和發電方面的應用的需求不斷成長,是推動所研究市場成長的關鍵驅動力。

另一方面,與熱解油的儲存、運輸和應用相關的限制預計將抑制預測期內的市場成長。

然而,熱解油在生物煉製廠的新應用可能很快就會為全球市場創造利潤豐厚的成長機會。

歐洲已成為熱解油的最大市場。然而,預計亞太地區在預測期內仍將維持最高的複合年成長率。歐洲的這一優勢是由於鍋爐燃燒、運輸升級和化學品生產應用對熱解油的強勁需求。

熱解油市場趨勢

燃料應用需求增加

  • 熱解油在各領域用作燃料。熱解油的燃料價值為石油基燃料的50-70%,可用作鍋爐燃料或改質為可再生運輸燃料。
  • 熱解油廣泛用作替代爐油的工業燃料。主要用於建築暖氣、鋼鐵廠、玻璃廠、水泥廠、電廠、鍋爐廠、飯店暖氣等重工業。
  • 熱解油也可用於加熱鍋爐(作為燃燒燃料),並在未來用於發電。此外,基於熱解油的精製或改良產品也可用於燃氣渦輪機發電機和柴油發電機。目前,各國正考慮使用燃氣渦輪機發電機取代燃煤發電廠,以生產碳排放較低的電力。此外,熱解油也可用作水泥、鋼鐵、玻璃、磚廠等多種產業的燃燒燃料。
  • 隨著世界各地工業化的發展,預計未來幾年對鍋爐以及鍋爐燃料和油的需求將會增加。例如,在中東國家,新建煉油廠如Al Zour新煉油廠(160億美元)、ADNOC原油彈性計畫(35億美元)、BAPCO現代化計畫(60億美元)、Duqm煉油廠石化聯合體(70億美元)煉油板塊隨著建設進一步擴大。
  • 除直接燃燒外,熱解油還可用作柴油的精製原料。當熱解油在蒸餾機中精製成柴油燃料時,所得柴油可用於卡車、曳引機、船舶和柴油發電機等機械。
  • 此外,儘管柴油的使用會造成有害影響,但由於能源需求的增加,全球對柴油的需求可能會逐年增加。例如,根據國際能源總署(IEA)《印度石油市場展望》,印度柴油需求預計將從2023年的180萬桶/日增至2030年的230萬桶/日,年成長率為4.5%。
  • 在預測期內,由於發電、工業鍋爐、柴油引擎和燃氣渦輪機等發電機等各種工業應用消耗大量燃料,對熱解油基燃料的潛在需求將會增加。

歐洲主導市場

  • 歐洲以龐大的市場佔有率主導全球市場,預計在預測期內將保持其主導地位。在歐洲,熱解油主要用於鍋爐燃燒、為引擎和渦輪機提供燃料、改善運輸燃料以及作為化學品和材料的可可再生原料。該地區利用熱解油的主要產業是鋼鐵業、水泥業和交通運輸業。
  • 法國是歐盟國家中第三大粗鋼生產國。 2022年1月至10月,法國鋼鐵製造商粗鋼產量為1,054萬噸,較2021年同期下降10.7%。
  • 德國政府正在製定一系列新的獎勵和法規,以迅速減少碳排放。此外,德國也越來越依賴進口來滿足其石油和天然氣需求。同樣,該國是最大的天然氣進口國之一。 95%的天然氣需求透過進口滿足。為了減少進口,德國政府為國內生質燃料生產提供獎勵措施和其他福利。
  • 根據歐盟統計局的資料庫與估計,2023年前第三季歐盟能源產品進口量與2022年同期相比,每月平均下降33.9%,淨品質下降7.6%。
  • 在英國,政府將從 2022 年 4 月 1 日起推出生質燃料和其他替代燃料指南(IE 消費稅通知 179e),促進使用一系列生質燃料,熱解。
  • 熱解油的生產可能為該國市場提供重大機會,因為它有可能緩解塑膠廢棄物管理問題並滿足供暖應用的能源需求。例如,2022 年 8 月,義大利公司 Maire Tecnimont SpA 宣布,其子公司 NextChem 將成為歐洲城市塑膠廢棄物訂單機械回收工廠的領跑者,透過熱解製程建立聚烯回收工廠。 )合約(廢棄物能力為每年75,000噸)。
  • 所有上述因素預計將在預測期內推動歐洲熱解油市場的成長。

熱解油產業概況

全球熱解油市場分散,沒有主要企業單獨佔據足夠大的佔有率來影響市場需求。市場的主要企業(排名不分先後)包括 Twence、Green Fuel Nordic Oy、Bioenergy AE Cote-Nord、New Hope Energy 和 Setra Group。

其他福利:

  • Excel 格式的市場預測 (ME) 表
  • 3 個月的分析師支持

目錄

第1章簡介

  • 調查先決條件
  • 調查範圍

第2章調查方法

第3章執行摘要

第4章市場動態

  • 促進因素
    • 對環保燃料和替代原料的需求不斷成長
    • 熱力和發電產業的需求增加
  • 抑制因素
    • 熱解油儲存、運輸和應用的相關問題
  • 產業價值鏈分析
  • 波特五力分析
    • 供應商的議價能力
    • 買方議價能力
    • 新進入者的威脅
    • 替代品的威脅
    • 競爭程度

第5章市場區隔(以金額為準的市場規模)

  • 原料
    • 廢棄塑膠
    • 廢橡膠
    • 木頭
    • 油泥
    • 其他原料
  • 目的
    • 燃料
    • 化學品
  • 地區
    • 亞太地區
      • 中國
      • 印度
      • 日本
      • 泰國
      • 越南
      • 馬來西亞
      • 印尼
      • 韓國
      • 其他亞太地區
    • 北美洲
      • 美國
      • 加拿大
      • 墨西哥
    • 歐洲
      • 德國
      • 法國
      • 英國
      • 義大利
      • 北歐的
      • 西班牙
      • 土耳其
      • 俄羅斯
      • 其他歐洲國家
    • 南美洲
      • 巴西
      • 阿根廷
      • 哥倫比亞
      • 南美洲其他地區
    • 中東/非洲
      • 沙烏地阿拉伯
      • 南非
      • 摩洛哥
      • 卡達
      • 埃及
      • 阿拉伯聯合大公國
      • 奈及利亞
      • 其他中東和非洲

第6章 競爭狀況

  • 併購、合資、聯盟、協議
  • 市場佔有率(%)**/排名分析
  • 主要企業策略
  • 公司簡介
    • Alterra Energy, LLC
    • Bioenergy Ae Cote-Nord
    • Ensyn
    • Green Fuel Nordic Oy
    • Mk Aromatics Limited
    • New Energy Kft.
    • New Hope Energy
    • Nexus Circular
    • Plastic Advanced Recycling Corp.
    • PLASTIC ENERGY
    • Setra Group
    • Quantafuel ASA
    • Trident Fuels Pty Ltd.
    • Twence

第7章 市場機會及未來趨勢

  • 生物煉製廠的新應用
簡介目錄
Product Code: 69506

The Pyrolysis Oil Market size is estimated at USD 0.52 billion in 2024, and is expected to reach USD 1.28 billion by 2029, growing at a CAGR of 19.71% during the forecast period (2024-2029).

Pyrolysis Oil - Market

The COVID-19 pandemic drastically curtailed industrial activities during 2020 and 2021 due to imposed government lockdowns and restrictions, thereby limiting the growth of the pyrolysis oil market. The chemical industry and heat and power generation sector were paralyzed owing to less raw material supply, limited working hours/labor strength, and constrained financials. This halted the adoption of pyrolysis oil, a sustainable yet unconventional fuel that dwells with storage and transportation challenges in these sectors. However, the industries have been on the recovery as well as growth tracks ever since the retraction of the pandemic in mid-2021. The recovering oil and gas, chemicals, and power sectors with increased downstream consumption due to the lifting of restrictions and the growing sustainability drive have reinstated the interests of market players in pyrolysis oil.

Over the medium term, the rising demand for eco-friendly fuel and raw material alternatives and the increasing demand for pyrolysis oil application in the generation of heat and power are the major driving factors augmenting the growth of the market studied.

On the other hand, the constraints associated with the storage, transportation, and application of pyrolysis oil are anticipated to restrain the growth of the market studied over the forecast period.

Nevertheless, the emerging applications of pyrolysis oil in biorefineries are likely to create lucrative growth opportunities for the global market soon.

Europe emerged as the largest market for pyrolysis oil. However, Asia-Pacific is expected to record the highest CAGR during the forecast period. This dominance of Europe is attributed to the bullish demand for pyrolysis oil in combustion in boilers, upgrading of transportation, and chemical production applications.

Pyrolysis Oil Market Trends

Increasing Demand for Fuel Application

  • Pyrolysis oil has one of its major applications as fuel in various sectors. Pyrolysis oil has a fuel value of 50-70% of that of petroleum-based fuels and can be used as boiler fuel or upgraded to renewable transportation fuels.
  • Pyrolysis oil is widely used as industrial fuel to substitute furnace oil. It is mainly used in heavy industries such as construction heating, steel factories, glass factories, cement factories, power factories, boiler factories, and hotel heating.
  • Pyrolysis oil can be potentially used to heat boilers (as a combustion fuel), which can be used to produce electricity in the future. Further, refined or upgraded pyrolysis oil-based products can also be used in gas turbine generators and diesel generators. Currently, various nations are considering using gas turbine generators in place of coal-fired plants to produce electricity with fewer carbon emissions. Moreover, pyrolysis oil can be used as combustion fuel in various industries such as cement, steel, glass, brick plants, and others.
  • The growing industrialization around the globe is expected to increase the demand for boiler and, thus, boiler fuel or oil in the coming years. For instance, the refining sector in the Middle Eastern countries is being expanded even further with the construction of new refineries such as Al Zour New Refinery (USD 16 billion), ADNOC's Crude Flexibility Project (USD 3.5 billion), BAPCO Modernisation Program (USD 6 billion), and Duqm Refinery & Petrochemical Complex (USD 7 billion).
  • In addition to direct combustion, pyrolysis oil can be used as a feedstock for refining diesel fuel. It can be refined into diesel by a distillation machine once the pyrolysis oil is refined into diesel by a pyrolysis oil distillation machine, the obtained diesel can be used in some machinery, such as trucks, tractors, ships, and diesel generators.
  • Also, despite the harmful impacts caused by the usage of diesel, its demand will likely increase year-on-year globally due to increasing energy demands. For instance, according to the India Oil Market Outlook of the International Energy Agency (IEA), India's demand for diesel is expected to rise from 1.8 million barrels per day in 2023 to 2.3 million barrels per day in 2030, registering an increase of 4.5% annually.
  • Owing to the large volume of fuel consumed by various industrial applications, such as power, industrial boilers, diesel engines, and power generators like gas turbines, the potential demand for pyrolysis oil-based fuels is likely to increase in the forecast period.

Europe to Dominate the Market

  • Europe dominated the worldwide market with a significant market share and is projected to maintain its dominance during the forecast period. In Europe, pyrolysis oil is majorly used for applications such as combustion in boilers, fueling in engines and turbines, upgrading to transportation fuels, and as a renewable feedstock for chemicals and materials. The major industries in the region that leverage pyrolysis oil applications are the steel industry, the cement industry, and transportation.
  • France is the third largest crude steel producer among the European Union countries. Between January to October 2022, French steelmakers produced 10.54 million tons of crude steel, 10.7% less compared to the same period in 2021.
  • The German government is putting together various new incentives and regulations to cut carbon emissions quickly. Moreover, Germany is increasingly dependent on imports to meet its demand for oil and gas. Similarly, the country is one of the largest importers of natural gas. Imports meet 95% of their gas requirements. In order to reduce the imports in the country, the German government is offering incentives and other benefits to biofuel production in the country.
  • According to the Eurostat database and estimates, the European Union (EU) imports of energy products in the first three quarters of 2023 dropped by 33.9 % in average monthly values, and the net mass dropped by 7.6 % compared to the same period in 2022.
  • In the United Kingdom, the government has begun guidance for Biofuels and other fuel substitutes (i.e., Excise Notice 179e) from 1 April 2022, as part of which the government is promoting the usage of various biofuels, which is likely to create demand for pyrolysis oil in the country.
  • The potential of pyrolysis oil production in reducing plastic waste management issues as well as in fulfilling the demand for energy used for heating applications is likely to offer a huge opportunity for the market in the country. For instance, in August 2022, Italian Company Maire Tecnimont SpA announced that its subsidiary NextChem had been awarded a Front-End Engineering Design (FEED) contract for an advanced mechanical recycling plant of municipal plastic waste in Europe to establish a recycling plant for polyolefins by the pyrolysis process, with a waste processing capacity of 75,000 tons per year.
  • All factors mentioned above are likely to fuel the growth of the pyrolysis oil market in Europe over the forecast period.

Pyrolysis Oil Industry Overview

The global pyrolysis oil market is fragmented, with top players holding insignificant shares to affect market demand individually. Some of the major players in the market (in no particular order) include Twence, Green Fuel Nordic Oy, Bioenergy AE Cote-Nord, New Hope Energy, and Setra Group.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Rising Demand For Environment-friendly Fuel and Raw Material Alternatives
    • 4.1.2 Increasing Demand From Heat and Power Generation Sectors
  • 4.2 Restraints
    • 4.2.1 Problems Associated With Storage, Transportation, and Application of Pyrolysis Oil
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5 MARKET SEGMENTATION (Market Size in Value)

  • 5.1 Raw Material
    • 5.1.1 Waste Plastic
    • 5.1.2 Waste Rubber
    • 5.1.3 Wood
    • 5.1.4 Oil Sludge
    • 5.1.5 Other Raw Materials
  • 5.2 Application
    • 5.2.1 Fuels
    • 5.2.2 Chemicals
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
      • 5.3.1.1 China
      • 5.3.1.2 India
      • 5.3.1.3 Japan
      • 5.3.1.4 Thailand
      • 5.3.1.5 Vietnam
      • 5.3.1.6 Malaysia
      • 5.3.1.7 Indonesia
      • 5.3.1.8 South Korea
      • 5.3.1.9 Rest of Asia-Pacific
    • 5.3.2 North America
      • 5.3.2.1 United States
      • 5.3.2.2 Canada
      • 5.3.2.3 Mexico
    • 5.3.3 Europe
      • 5.3.3.1 Germany
      • 5.3.3.2 France
      • 5.3.3.3 United Kingdom
      • 5.3.3.4 Italy
      • 5.3.3.5 NORDIC
      • 5.3.3.6 Spain
      • 5.3.3.7 Turkey
      • 5.3.3.8 Russia
      • 5.3.3.9 Rest of Europe
    • 5.3.4 South America
      • 5.3.4.1 Brazil
      • 5.3.4.2 Argentina
      • 5.3.4.3 Colombia
      • 5.3.4.4 Rest of South America
    • 5.3.5 Middle East and Africa
      • 5.3.5.1 Saudi Arabia
      • 5.3.5.2 South Africa
      • 5.3.5.3 Morocco
      • 5.3.5.4 Qatar
      • 5.3.5.5 Egypt
      • 5.3.5.6 United Arab Emirates
      • 5.3.5.7 Nigeria
      • 5.3.5.8 Rest of Middle East and Africa

6 COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%)**/Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Alterra Energy, LLC
    • 6.4.2 Bioenergy Ae Cote-Nord
    • 6.4.3 Ensyn
    • 6.4.4 Green Fuel Nordic Oy
    • 6.4.5 Mk Aromatics Limited
    • 6.4.6 New Energy Kft.
    • 6.4.7 New Hope Energy
    • 6.4.8 Nexus Circular
    • 6.4.9 Plastic Advanced Recycling Corp.
    • 6.4.10 PLASTIC ENERGY
    • 6.4.11 Setra Group
    • 6.4.12 Quantafuel ASA
    • 6.4.13 Trident Fuels Pty Ltd.
    • 6.4.14 Twence

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Emerging Applications in Biorefineries