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The future shift in worldwide trend is clear – chemicals from waste or waste to molecule. One highly effective system to give effect to this that emerged and which has been on the rise since the inception of the idea is the (Refuse-Derived Fuel) RDF system.
There is no universal exact classification or specification which is used Refuse-Derived Fuels. Even legislative authorities have not yet established any exact guidelines on the type and composition of alternative fuels.
However, in general, Refuse-derived fuel (RDF) are secondary fuels that are attained from various types of waste such as municipal, industrial, commercial waste during the sorting of wastes. Though, the concept is defined not by the type of waste, but instead above all, by the fact that categorization and an assessment of the calorific value is made possible by the prior sorting and treatment of the constituents, RDF consists largely of combustible components of such waste, as non-recyclable plastics (not including PVC), paper cardboard, labels, and other corrugated materials. Whether a product in waste sorting will be recovered materially or thermally depends, among other things, on the quality, severability and degree of contamination.
Substitute fuels are categorized in special grades using the parameters calorific value, residue on ignition, chlorine content and ash content. The higher the calorific value and the lower the ash content, the more coveted and more expensive is the substitute fuel. RDF can be also further specified into e.g. tyre derived fuels (TDF) from used tyres, or solid recovered fuels (SRF).
As well as being used for co-combustion in waste-to-energy plants, refuse derived fuels are also used in other thermal recovery plants such as cogeneration and cement plants. Some power plants are powered solely by substitute fuels. For the latter, refuse derived fuels with an average calorific value of 12 - 14 MJ/kg is most suitable. In contrast, highly calorific substitute fuels tend to be used for co-combustion in waste incineration plants or cogeneration plants. Refuse derived fuels replace fossil fuels, therefore the market values follow the fluctuations of the market prices for fossil fuels
This market is anticipated to climb at a healthy CAGR of around 3-5% by the end of this decade.
The growth of this market is attributed towards major relying factors including adoption of effective alternatives to overcome the dependency on crude oil, rise in advanced technologies for production of refuse-derived fuel, increasing sales of refuse-derived fuel for use in co-combustion process, increasing emphasis on new waste management solutions etc.
Moreover, RDF can be used in a variety of ways to produce electricity. It can be used alongside traditional sources of fuel in coal power plants. RDF is capable of being combusted cleanly or in compliance with the Kyoto Protocol and can also provide a funding source where unused carbon credits are sold on the open market via a carbon exchange.
However, standards and regulations based on grade, restrictions and duties imposed on refused-derived fuel imports, financing and funding of the refuse-derived fuel projects, effective alternatives ensued from technological developments in the EFW industry, lack of awareness and facilities related to the production, growing pressure quality refuse-derived fuel are factors that are currently restraining the market from growing.
REFUSE-DERVIED FUEL MARKET SEGMENTATION:
By Product Type
Europe is currently dominating the market in the refuse-derived fuel landscape, followed by the Asia-Pacific region and others. The presence of extensive co-processing plants, complemented by internal trade of refuse-derived fuel attributes to the surge of market in Europe, whereas the EFW gradually becoming an important source of bio-energy scales up the industries in the Asia-Pacific region and is anticipated to continue outrageously during the decade.
FEW KEY PLAYERS IN REFUSE-DERVIED FUEL MARKET:
Timeline Considered for Analysis:
- 2019: Base Year
- 2020: Estimated Year
- 2020 to 2025: Forecast Period
Research Scope and Deliverables
Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis
Market Segmentation Analysis:
Industry report analyses the global refuse-derived fuel market by the following segments:
- Product Type
Customization: We also offer customization’s in the industry report as per the company’s specific needs.
Key Questions Answered in the Global Refuse-Derived Fuel Industry Report
The report offers a comprehensive insight on the Refuse-derived Fuel Market share, competitor landscape, market trends, growth, revenue, and key driver’s analysis with coverage of key players, top geographies, product types and end user.
Exhaustive secondary research and in-depth primary interviews with industry experts has been conducted to present qualitative and quantitative insights in the report.
We offer customizations as per client’s specific needs.