Biomass RDF and SRF Market Size, Share, Outlook

The global Biomass RDF and SRF market is valued at US$2,457.2 million in 2022. The rapid spread of secondary fuel use in end-user applications will drive the demand for the Biomass RDF and SRF market. The global Biomass RDF and SRF forecast to register a 3.67% Compounded Annual Growth Rate (CAGR) over the forecast period from 2023 to 2030

 

Biomass RDF and SRF market analysis

Rapid economic development and population growth are supporting the volume of waste generation to increase steadily. Further, with high energy prices, the demand for RDF and SRF fuels is increasing significantly. In addition, to satisfy energy requirements, substitute fossil fuels, achieve CO2 targets, and other benefits, countries are investing in the development of RDF and SRF production facilities.

According to the IEA, global municipal waste generation is estimated at around 2.2 billion tons and is projected to reach 3.4 billion tons by 2050. The increasing emphasis on waste to energy (WtE) for processing both organic and inorganic waste supports the demand for RDF and SRF generation plants.

RDF and SRF are waste products with increased calorific value, reduced moisture content, more homogeneous particle size, and reduced ferrous and non-ferrous metal content compared to raw MSW.

Leading companies are processing food waste, paper and rubber products, fabric, plant matter, agricultural waste, and other biomass for generating secondary fuels.

Increasing use of biomass sources for the production of RDF and SRF fuels, strong growth in oil prices is encouraging the demand for secondary fuels, increasing Public Awareness of Waste Management, technological advancements in the Waste Management Process, and other factors drive the market outlook.

On the other hand, increased Volume and Complexity of Waste, High Cost of Installation of Processing and Recycling Municipal Solid Waste Plants, and others act as deterrents to market growth.

 

Market Dynamics

Market Trends- Increasing use of biomass sources for the production of RDF and SRF fuels

RDF is produced from biodegradable materials and has a lower calorific value than solid-recovered fuel. Amidst increasing demand for the simultaneous recovery of energy and the recycling of mineral resources, the demand for waste biomass is increasing steadily.

Some of the biomass sources for RDF and SRF fuels include-

• Agricultural residues including diverse forms of crop waste such as bagasse, rice husk, straw, stem, leaves, shell, stover, peel, and pulp
• Forestry, forest residues, and wood wastes coming from forests and sawmills, plywood mills, furniture shops, and other craft industries
• Energy crops such as jatropha, willows, poplars, elephant grass, Napier grass, miscanthus, and switchgrass, sewage sludge
• The Industrial waste includes the food industry, Pulp, and paper industry, airline and cruise ship industry, Palm oil mill effluent, and other industries

 

Market Drivers- Strong growth in oil prices is encouraging the demand for secondary fuels

The production of alternative fuels is quickly gaining traction across countries in the current high oil price environment. In 2022, the oil prices stood over $100 per barrel and the outlook also remains optimistic. The EIA forecasts the high oil prices to continue in 2023 and 2024- the Brent crude oil price will average $83 per barrel in 2023 and $77.57 per barrel in 2024. Amidst such high forecasts for oil prices, the market for secondary fuels including RDF and SRF remains high.

 

Further, strong demand for waste-derived fuels is supporting investments in R&D activities, for diverse applications including incineration plants, heating systems, power generation, CHP, cement kilns, and other uses.

 

Market Segmentation

Biomass RDF and SRF markets are categorized into Types, Applications, and regions

By Type, SRF has a strong Growth rate during the forecast period

Solid Recovered Fuels (SRF) are a subset of the larger family of Refuse-Derived Fuels and are produced to a range of specifications to meet customer requirements. It is produced using mainly commercial waste with additional processing to improve quality and value.

The solid fuel prepared from non-hazardous waste acts as an alternative fuel to primary fossil fuels like coal, pet coke, or natural gas used in co-incineration facilities. The fuel type has less than 15% moisture content, with high calorific value, and is used in facilities such as cement kilns.

A wide range of end-user industries including cement kilns, coal-fired power plants, lime kilns, industrial boilers, and combined heat and power plants (CHP) opt for SRF fuels due to their high calorific value. In particular, the paper and pulp industry and cement manufacturing, which require a higher quality and more consistent product widely opt for SRF.

By Application, Cement Kilns has the highest market value accounting for more than half of the total market value

Rapid urbanization and industrialization trends support the demand for cement plants. With technological developments in the field of RDF and SRF, the cement industry has rapidly adopted secondary fuels. Economic benefits coupled with regulatory support drive the market size in cement plant applications.

The cement industry presents a significant potential market for RDF producers worldwide. RDF from biomass is an alternative fuel that partially replaces coal/pet coke in cement kilns. RDF is CO2-neutral, and accordingly, several cement companies are assessing the feasibility of deploying RDF and SRF for cement production.

SRF fuels are widely used for the clinker-burning process in the cement industry. However, high market costs, low production volumes, and an uncertain regulatory environment pose challenges to widespread adoption.

 

By Region, Europe held the dominant market share in 2022

The European region stood as the single largest market for Biomass RDF and SRF worldwide and is estimated to remain the largest market throughout the forecast period to 2030.

Germany is the leading market for RDF and SRF in Europe. The country has larger production of industrial steam and district heating, supporting the demand for efficient secondary fuels. Further, several cement companies are shifting to RDF and SRF to overcome the challenges of CO2 emissions.

The landfill diversion targets set by the Landfill Directive encourage waste management through other modes of recycling including the generation of RDF and SRF. The use of surplus production material, bulk waste, large packaging material, and unsorted commercial waste to generate refuse-derived fuel (RDF) of different qualities is widely observed in the country.

Improvements in areas of efficiency, taxation, and logistics are likely to support the long-term market outlook. RDF plants are built in the proximity of the end-users for processing household and commercial waste. The grate firing system widely opts in RDF plants in the country. Comparably high overall efficiencies of about 60% to 80% on average are reached by the plants in the country.

In addition to local production, increasing domestic demand is supporting the market for imports, predominantly from the UK, and also affecting export to Sweden, the Netherlands, and other countries.

 

Market Segmentation

By Type

• RDF
• SRF

By Application

• Cement Kilns
• Coal Fired Power Plant
• CHP and Others

 

By Region

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Russia, Others)
• Asia Pacific (China, India, Japan, South Korea, Australia, Others)
• Latin America (Brazil, Argentina, Others)
• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Key Players

• Renewi PLC
• Biffa Plc
• Veolia Environment SA
• Countrystyle Recycling Ltd
• Estre Ambiental SA
• Carey Group
• Ecomondis
• EcoUrja Renewable Energy
• FCC Austria Abfall Service AG
• SUEZ Recycling and Recovery

 

Biomass RDF and SRF Market Outlook 2023

1 Market Overview

1.1 Introduction to Biomass RDF and SRF Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2023 Biomass RDF and SRF Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Biomass RDF and SRF Market Companies with Area Served

4.2.2 Products Offerings Global Biomass RDF and SRF Market

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 Post-COVID-19 Scenario- Low Growth Case

5.1.3 Post-COVID-19 Scenario- Reference Growth Case

5.1.4 Post-COVID-19 Scenario- Low Growth Case

 

6 Global Biomass RDF and SRF Market Trends

6.1 Global Biomass RDF and SRF Revenue (USD Million) and CAGR (%) by Type (2018-2028)

6.2 Global Biomass RDF and SRF Revenue (USD Million) and CAGR (%) by Applications (2018-2028)

6.3 Global Biomass RDF and SRF Revenue (USD Million) and CAGR (%) by Regions (2018-2028)

 

7 Global Biomass RDF and SRF Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Biomass RDF and SRF Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Biomass RDF and SRF Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Biomass RDF and SRF Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Biomass RDF and SRF Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Biomass RDF and SRF Development Regional Status and Outlook

8.1 Global Biomass RDF and SRF Revenue (USD Million) By Regions (2018-2022)

8.2 North America Biomass RDF and SRF Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Biomass RDF and SRF Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Biomass RDF and SRF Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Biomass RDF and SRF Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Biomass RDF and SRF Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Biomass RDF and SRF Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Biomass RDF and SRF Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Biomass RDF and SRF Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Biomass RDF and SRF Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Biomass RDF and SRF Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Biomass RDF and SRF Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Biomass RDF and SRF Revenue (USD Million) by Applications (2018-2022)

8.5 South America Biomass RDF and SRF Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Biomass RDF and SRF Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Biomass RDF and SRF Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Biomass RDF and SRF Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Biomass RDF and SRF Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Biomass RDF and SRF Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Biomass RDF and SRF Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Biomass RDF and SRF Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Biomass RDF and SRF Market Revenue (USD Million), by Type, and Applications (2023-2028)

10.1 Global Biomass RDF and SRF Revenue (USD Million) and Market Share (%) by Type (2023-2028)

10.1.1 Global Biomass RDF and SRF Revenue (USD Million), and Market Share (%) by Type (2023-2028)

10.2 Global Biomass RDF and SRF Revenue (USD Million) and Market Share (%) by Applications (2023-2028)

10.2.1 Global Biomass RDF and SRF Revenue (USD Million), and Market Share (%) by Applications (2023-2028)

11 Global Biomass RDF and SRF Development Regional Status and Outlook Forecast

11.1 Global Biomass RDF and SRF Revenue (USD Million) By Regions (2023-2028)

11.2 North America Biomass RDF and SRF Revenue (USD Million) by Type, and Applications (2023-2028)

11.2.1 North America Biomass RDF and SRF Revenue (USD) Million by Country (2023-2028)

11.2.2 North America Biomass RDF and SRF Revenue (USD Million), by Type (2023-2028)

11.2.3 North America Biomass RDF and SRF Revenue (USD Million), Market Share (%) by Applications (2023-2028)

11.3 Europe Biomass RDF and SRF Revenue (USD Million), by Type, and Applications (2023-2028)

11.3.1 Europe Biomass RDF and SRF Revenue (USD Million), by Country (2023-2028)

11.3.2 Europe Biomass RDF and SRF Revenue (USD Million), by Type (2023-2028)

11.3.3 Europe Biomass RDF and SRF Revenue (USD Million), by Applications (2023-2028)

11.4 Asia Pacific Biomass RDF and SRF Revenue (USD Million) by Type, and Applications (2023-2028)

11.4.1 Asia Pacific Biomass RDF and SRF Revenue (USD Million), by Country (2023-2028)

11.4.2 Asia Pacific Biomass RDF and SRF Revenue (USD Million), by Type (2023-2028)

11.4.3 Asia Pacific Biomass RDF and SRF Revenue (USD Million), by Applications (2023-2028)

11.5 South America Biomass RDF and SRF Revenue (USD Million), by Type, and Applications (2023-2028)

11.5.1 South America Biomass RDF and SRF Revenue (USD Million), by Country (2023-2028)

11.5.2 South America Biomass RDF and SRF Revenue (USD Million), by Type (2023-2028)

11.5.3 South America Biomass RDF and SRF Revenue (USD Million), by Applications (2023-2028)

11.6 Middle East and Africa Biomass RDF and SRF Revenue (USD Million), by Type, and Applications (2023-2028)

11.6.1 Middle East and Africa Biomass RDF and SRF Revenue (USD Million), by Region (2023-2028)

11.6.2 Middle East and Africa Biomass RDF and SRF Revenue (USD Million), by Type (2023-2028)

11.6.3 Middle East and Africa Biomass RDF and SRF Revenue (USD Million), by Applications (2023-2028)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

 

List Of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Biomass RDF and SRF Market Companies with Areas Served

Table 3 Products Offerings Global Biomass RDF and SRF Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Biomass RDF and SRF Revenue (USD Million) And CAGR (%) By Type (2018-2028)

Table 8 Global Biomass RDF and SRF Revenue (USD Million) And CAGR (%) By Applications (2018-2028)

Table 9 Global Biomass RDF and SRF Revenue (USD Million) And CAGR (%) By Regions (2018-2028)

Table 10 Global Biomass RDF and SRF Revenue (USD Million) By Type (2018-2022)

Table 11 Global Biomass RDF and SRF Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Biomass RDF and SRF Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Biomass RDF and SRF Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Biomass RDF and SRF Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Biomass RDF and SRF Market Share (%) By Regions (2018-2022)

Table 16 North America Biomass RDF and SRF Revenue (USD Million) By Country (2018-2022)

Table 17 North America Biomass RDF and SRF Revenue (USD Million) By Type (2018-2022)

Table 18 North America Biomass RDF and SRF Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Biomass RDF and SRF Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Biomass RDF and SRF Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Biomass RDF and SRF Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Biomass RDF and SRF Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Biomass RDF and SRF Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Biomass RDF and SRF Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Biomass RDF and SRF Revenue (USD Million) By Country (2018-2022)

Table 26 South America Biomass RDF and SRF Revenue (USD Million) By Type (2018-2022)

Table 27 South America Biomass RDF and SRF Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Biomass RDF and SRF Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Biomass RDF and SRF Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Biomass RDF and SRF Revenue (USD Million) By Applications (2018-2022)

 

Table 31 Financial Analysis

Table 32 Global Biomass RDF and SRF Revenue (USD Million) By Type (2023-2028)

Table 33 Global Biomass RDF and SRF Revenue Market Share (%) By Type (2023-2028)

Table 34 Global Biomass RDF and SRF Revenue (USD Million) By Applications (2023-2028)

Table 35 Global Biomass RDF and SRF Revenue Market Share (%) By Applications (2023-2028)

Table 36 Global Biomass RDF and SRF Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2028)

Table 37 North America Biomass RDF and SRF Revenue (USD)By Country (2023-2028)

Table 38 North America Biomass RDF and SRF Revenue (USD Million) By Type (2023-2028)

Table 39 North America Biomass RDF and SRF Revenue (USD Million) By Applications (2023-2028)

Table 40 Europe Biomass RDF and SRF Revenue (USD Million) By Country (2023-2028)

Table 41 Europe Biomass RDF and SRF Revenue (USD Million) By Type (2023-2028)

Table 42 Europe Biomass RDF and SRF Revenue (USD Million) By Applications (2023-2028)

Table 43 Asia Pacific Biomass RDF and SRF Revenue (USD Million) By Country (2023-2028)

Table 44 Asia Pacific Biomass RDF and SRF Revenue (USD Million) By Type (2023-2028)

Table 45 Asia Pacific Biomass RDF and SRF Revenue (USD Million) By Applications (2023-2028)

Table 46 South America Biomass RDF and SRF Revenue (USD Million) By Country (2023-2028)

Table 47 South America Biomass RDF and SRF Revenue (USD Million) By Type (2023-2028)

Table 48 South America Biomass RDF and SRF Revenue (USD Million) By Applications (2023-2028)

Table 49 Middle East and Africa Biomass RDF and SRF Revenue (USD Million) By Region (2023-2028)

Table 50 Middle East and Africa Biomass RDF and SRF Revenue (USD Million) By Region (2023-2028)

Table 51 Middle East and Africa Biomass RDF and SRF Revenue (USD Million) By Type (2023-2028)

Table 52 Middle East and Africa Biomass RDF and SRF Revenue (USD Million) By Applications (2023-2028)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

 

List Of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Biomass RDF and SRF Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Biomass RDF and SRF Revenue Market Share (%) By Type (2022)

Figure 5 Global Biomass RDF and SRF Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Biomass RDF and SRF Revenue Market Share (%) By Applications (2022)

Figure 7 Global Biomass RDF and SRF Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Biomass RDF and SRF Market Share (%) By Regions (2022)

Figure 9 North America Biomass RDF and SRF Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Biomass RDF and SRF Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Biomass RDF and SRF Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Biomass RDF and SRF Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Biomass RDF and SRF Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Biomass RDF and SRF Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Biomass RDF and SRF Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Biomass RDF and SRF Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Biomass RDF and SRF Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Biomass RDF and SRF Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Biomass RDF and SRF Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Biomass RDF and SRF Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Biomass RDF and SRF Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Biomass RDF and SRF Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Biomass RDF and SRF Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Biomass RDF and SRF Revenue (USD Million) By Type (2023-2028)

Figure 25 Global Biomass RDF and SRF Revenue Market Share (%) By Type (2028)

Figure 26 Global Biomass RDF and SRF Revenue (USD Million) By Applications (2023-2028)

Figure 27 Global Biomass RDF and SRF Revenue Market Share (%) By Applications (2028)

Figure 28 Global Biomass RDF and SRF Market Revenue (USD Million) By Regions (2023-2028)

Figure 29 North America Biomass RDF and SRF Revenue (USD Million) By Country (2023-2028)

Figure 30 North America Biomass RDF and SRF Revenue (USD Million) By Type (2023-2028)

Figure 31 North America Biomass RDF and SRF Revenue (USD Million) By Applications (2023-2028)

Figure 32 Europe Biomass RDF and SRF Revenue (USD Million) By Country (2023-2028)

Figure 33 Europe Biomass RDF and SRF Revenue (USD Million) By Type (2023-2028)

Figure 34 Europe Biomass RDF and SRF Revenue (USD Million) By Applications (2023-2028)

Figure 35 Asia Pacific Biomass RDF and SRF Revenue (USD Million) By Country (2023-2028)

Figure 36 Asia Pacific Biomass RDF and SRF Revenue (USD Million) By Type (2023-2028)

Figure 37 Asia Pacific Biomass RDF and SRF Revenue (USD Million) By Applications (2023-2028)

Figure 38 South America Biomass RDF and SRF Revenue (USD Million) By Country (2023-2028)

Figure 39 South America Biomass RDF and SRF Revenue (USD Million) By Type (2023-2028)

Figure 40 South America Biomass RDF and SRF Revenue (USD Million) By Applications (2023-2028)

Figure 41 Middle East and Africa Biomass RDF and SRF Revenue (USD Million) By Region (2023-2028)

Figure 42 Middle East and Africa Biomass RDF and SRF Revenue (USD Million) By Region (2023-2028)

Figure 43 Middle East and Africa Biomass RDF and SRF Revenue (USD Million) By Type (2023-2028)

Figure 44 Middle East and Africa Biomass RDF and SRF Revenue (USD Million) By Applications (2023-2028)

Figure 45 Bottom-Up and Top-Down Approaches For This Report

Figure 46 Data Triangulation