Global Energy Chemicals and Oil Market from waste plastic - Recovery & Technologies - 2014 - 2020

"Global Energy Chemicals and Oil Market from waste plastic - Recovery & Technologies - Recycled Plastics & Plastic Waste to Oil (Plastic Waste Products, Plastic Packaging Waste), Industry Analysis, Size, Share, Growth, Trends And Forecast, 2014 – 2020"

Plastic to oil

With the increasing trend of recycling and recovering from waste and initiatives towards the preservation of non-renewable resources, the process of deriving chemicals and oil from waste plastic is gaining momentum. Waste plastic, broken down into oil, contains more energy than coal and hence is a profitable way of recovering energy. A number of companies entering the business those collect and convert waste plastic into clean fuel, proving both economically and environmentally beneficial. The advent of ‘plastic generation’, created serious issues that revolved around plastic usage and its disposability.