The global U.S. Plastic-to-Fuel Market Growth Accelerated by Adoption of Advanced Technologies
U.S. Plastic-to-Fuel Market Plastic-to-fuel is a chemical process that converts plastic waste into a liquid hydrocarbon fuel through thermal cracking and pyrolysis. It has emerged as an effective solution to address plastic pollution while meeting the increasing demand for alternative fuels. Plastic waste is broken down at high temperature in an oxygen-free environment to produce synthetic crude oil, diesel, gasoline and waxes. The global U.S. Plastic-to-Fuel Market is estimated to be valued at US$ 128 .21 Bn in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023 to 2030 , as highlighted in a new report published by Coherent Market Insights. Market Key Trends: Advanced technologies such as pyrolysis have enabled efficient conversion of different types of plastic into liquid hydrocarbon fuels with low residue. Continuous technological advancements are helping plastic-to-fuel plants achieve higher fuel yields, process more plastic waste simultaneously and ope