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市场调查报告书
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1523349

热解油 -市场占有率分析、产业趋势/统计、成长预测(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个工作天内

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简介目录

预计2024年热解油市场规模将达5.2亿美元,2029年将达到12.8亿美元,在市场预测期间(2024-2029年)复合年增长率为19.71%。

热解油市场

由于政府实施的停工和限制,COVID-19大流行严重抑制了工业活动,并限制了2020-2021年热解油市场的成长。由于原材料供应减少、工作时间和条件限制以及资金紧张,化学工业、热力发电部门陷入瘫痪。因此,热解油这种永续但非常规燃料且在储存和运输方面存在挑战的燃料已在这些地区停止使用。然而,自2021年中疫情消退以来,这些产业一直走上復苏和成长的轨道。石油和天然气、化学和电力行业的復苏、放鬆管制导致的下游消费增加以及永续性的增强正在重振市场相关人员对热解油的兴趣。

从中期来看,对环保燃料和原料替代品的需求不断增长,以及对热解油在供热和发电方面的应用的需求不断增长,是推动所研究市场增长的关键驱动力。

另一方面,与热解油的储存、运输和应用相关的限制预计将抑制预测期内的市场成长。

然而,热解油在生物炼製厂的新应用可能很快就会为全球市场创造利润丰厚的成长机会。

欧洲已成为热解油的最大市场。然而,预计亚太地区在预测期内仍将维持最高的复合年增长率。欧洲的这一优势是由于锅炉燃烧、运输升级和化学品生产应用对热解油的强劲需求。

热解油市场趋势

燃料应用需求增加

  • 热解油在各领域用作燃料。热解油的燃料价值为石油基燃料的50-70%,可用作锅炉燃料或改质为可再生运输燃料。
  • 热解油广泛用作替代炉油的工业燃料。主要用于建筑暖气、钢铁厂、玻璃厂、水泥厂、电厂、锅炉厂、饭店暖气等重工业。
  • 热解油也可用于加热锅炉(作为燃烧燃料),并在未来用于发电。此外,基于热解油的精製或改良产品也可用于燃气涡轮机发电机和柴油发电机。目前,各国正考虑使用燃气涡轮机发电机取代燃煤发电厂,以生产碳排放较低的电力。此外,热解油也可用作水泥、钢铁、玻璃、砖厂等多种产业的燃烧燃料。
  • 随着世界各地工业化的发展,预计未来几年对锅炉以及锅炉燃料和油的需求将会增加。例如,在中东国家,新建炼油厂如Al Zour新炼油厂(160亿美元)、ADNOC原油弹性计画(35亿美元)、BAPCO现代化计画(60亿美元)、Duqm炼油厂石化联合体(70亿美元)炼油板块随着建设进一步扩大。
  • 除直接燃烧外,热解油还可用作柴油的精製原料。当热解油在蒸馏机中精製成柴油燃料时,所得柴油可用于卡车、拖拉机、船舶和柴油发电机等机械。
  • 此外,儘管柴油的使用会造成有害影响,但由于能源需求的增加,全球对柴油的需求可能会逐年增加。例如,根据国际能源总署(IEA)《印度石油市场展望》,印度柴油需求预计将从2023年的180万桶/日增至2030年的230万桶/日,年增长率为4.5%。
  • 在预测期内,由于发电、工业锅炉、柴油引擎和燃气涡轮机等发电机等各种工业应用消耗大量燃料,对热解油基燃料的潜在需求将会增加。

欧洲主导市场

  • 欧洲以庞大的市场占有率主导全球市场,预计在预测期内将保持其主导地位。在欧洲,热解油主要用于锅炉燃烧、为引擎和涡轮机提供燃料、改善运输燃料以及作为化学品和材料的可可再生原料。该地区利用热解油的主要产业是钢铁业、水泥业和交通运输业。
  • 法国是欧盟国家中第三大粗钢生产国。 2022年1月至10月,法国钢铁製造商粗钢产量为1,054万吨,较2021年同期下降10.7%。
  • 德国政府正在製定一系列新的奖励和法规,以迅速减少碳排放。此外,德国也越来越依赖进口来满足其石油和天然气需求。同样,该国是最大的天然气进口国之一。 95%的天然气需求透过进口满足。为了减少进口,德国政府为国内生质燃料生产提供奖励措施和其他福利。
  • 根据欧盟统计局的资料库与估计,2023年前第三季欧盟能源产品进口量与2022年同期相比,每月平均下降33.9%,净品质下降7.6%。
  • 在英国,政府将从 2022 年 4 月 1 日起推出生质燃料和其他替代燃料指南(IE 消费税通知 179e),促进使用一系列生质燃料,热解。
  • 热解油的生产可能为该国市场提供重大机会,因为它有可能缓解塑胶废弃物管理问题并满足供暖应用的能源需求。例如,2022 年 8 月,义大利公司 Maire Tecnimont SpA 宣布,其子公司 NextChem 将成为欧洲城市塑胶废弃物订单机械回收工厂的领跑者,透过热解製程建立聚烯回收工厂。 )合约(废弃物能力为每年75,000吨)。
  • 所有上述因素预计将在预测期内推动欧洲热解油市场的成长。

热解油产业概况

全球热解油市场分散,没有主要企业单独占据足够大的份额来影响市场需求。市场的主要企业(排名不分先后)包括 Twence、Green Fuel Nordic Oy、Bioenergy AE Cote-Nord、New Hope Energy 和 Setra Group。

其他福利:

  • Excel 格式的市场预测 (ME) 表
  • 3 个月的分析师支持

目录

第一章简介

  • 调查先决条件
  • 调查范围

第二章调查方法

第三章执行摘要

第四章市场动态

  • 促进因素
    • 对环保燃料和替代原料的需求不断增长
    • 热力和发电产业的需求增加
  • 抑制因素
    • 热解油储存、运输和应用的相关问题
  • 产业价值链分析
  • 波特五力分析
    • 供应商的议价能力
    • 买方议价能力
    • 新进入者的威胁
    • 替代品的威胁
    • 竞争程度

第五章市场区隔(以金额为准的市场规模)

  • 原料
    • 废弃塑胶
    • 废橡胶
    • 木头
    • 油泥
    • 其他原料
  • 目的
    • 燃料
    • 化学品
  • 地区
    • 亚太地区
      • 中国
      • 印度
      • 日本
      • 泰国
      • 越南
      • 马来西亚
      • 印尼
      • 韩国
      • 其他亚太地区
    • 北美洲
      • 美国
      • 加拿大
      • 墨西哥
    • 欧洲
      • 德国
      • 法国
      • 英国
      • 义大利
      • 北欧的
      • 西班牙
      • 土耳其
      • 俄罗斯
      • 其他欧洲国家
    • 南美洲
      • 巴西
      • 阿根廷
      • 哥伦比亚
      • 南美洲其他地区
    • 中东/非洲
      • 沙乌地阿拉伯
      • 南非
      • 摩洛哥
      • 卡达
      • 埃及
      • 阿拉伯聯合大公国
      • 奈及利亚
      • 其他中东和非洲

第六章 竞争状况

  • 併购、合资、联盟、协议
  • 市场占有率(%)**/排名分析
  • 主要企业策略
  • 公司简介
    • 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

第七章 市场机会及未来趋势

  • 生物炼製厂的新应用
简介目录
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