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Tuesday, June 08, 2021 12:51:50 PM
Report Overview
The global plastic to fuel market size was valued at USD 972.8 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 8.2% from 2020 to 2027. Growing demand for the generation of energy from waste on account of a clean environment has triggered the growth of the market. Increasing household and industrial waste have caused governments in different regions to generate energy from plastic. A favorable regulatory scenario combined with government support in the form of tax benefits and financial incentives should have a positive impact on the market in the coming years. Growing environmental concerns about the use of non-renewable energy sources should hinder the market growth.
https://www.grandviewresearch.com/industry-analysis/plastic-to-fuel-market
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