Plastic to Fuel Technology Market Size Worth USD 3,849.5 Million in 2032 | Emergen Research [Yahoo! Finance]
PLASTIC2OIL INC (PTOI)
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Source: Yahoo! Finance
Vancouver, Jan. 10, 2024 (GLOBE NEWSWIRE) -- The global plastic to fuel technology market size was USD 321.4 Million in 2022 and is expected to register a revenue CAGR of 28.3% during the forecast period. Rising demand for high-quality fuel products, growing concerns regarding greenhouse gas emissions from petroleum industries, inclining prices of fossil fuels, and stringent waste management regulations and policies are some of the factors expected to drive market revenue growth. Increasing demand for high-quality fuel products in recent years is driving revenue growth of the market. The global demand for fuel products is growing rapidly due to the rising expansion of the automotive sector across the globe. The demand for fuel products is expected to rise over the next ten years, plastic to fuel technology, known for its exceptional sustainability and innovations, emerges as an indispensable material in the production of fuels. The worldwide production of plastics has experienced
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