Published by maria gbaf
Posted on November 9, 2021
4 min readLast updated: January 28, 2026
Europe holds 60% of the refuse-derived fuel market, with growth expected at 3.5% CAGR by 2031, driven by demand in cement kilns.
Demand for refuse-derived fuel is observed in a wide spectrum of peculiar WtE facilities (waste to energy), where production of electricity and heat energy for commercial purposes is done using low-calorific value refuse-derived fuel. Refuse-derived fuel demand is mostly observed in European countries, making the region account for nearly 60% of the global market share. Key actors present in this region involve themselves in developing effective production methods and processes to meet the rising demand from various end-use industries.
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In 2020, the market for refuse-derived fuel observed a contraction of 1.5%. However, the industry is set to get back on track by Q2 of 2021, and things looks brighter for the years ahead.
As per Fact.MR’s report, the refuse-derived fuel market is estimated to be valued at US$ 2.2 Bn in 2021, and is anticipated to expand at a CAGR of around 3.5% over the forecast period of 2021-2031.
Key Takeaways from Market Study
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Key Market Segments Covered in Report
Fuel Type
Application
Triumphant Strategies
Key actors in the market are using the organic approach to take advantage of the opportunities on offer by investing in research & development of new technologies. The future objectives of economies across the world are to develop alternatives for non-renewable sources and make use of waste to produce chemicals.
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Market players in the European region are focusing on strengthening their position owing to the legislations being in favor and availability of technological vigor. Some players are inclining their interests to adopt strategies such as forming joint ventures and collaboration to increase their revenue generation capacity and involvement in the global value chain.
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The article discusses the potential of the European refuse-derived fuel market and its growth prospects.
Europe accounts for 60% of the global market share due to high demand and favorable legislation.
The market is expected to grow at a CAGR of 3.5% from 2021 to 2031.
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