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Recycled Plastic And Plastic Waste To Oil Market

Recycled Plastic And Plastic Waste To Oil Market

Submitted by • October 11, 2019

Recycled Plastic and Plastic Waste to Oil Market is estimated to reach US$ XX Mn by 2026 in terms of revenue with CAGR of XX% in the forecasting period 2018-2026. Plastic to oil process is one of the highly efficient technologies to convert plastic into synthetic crude oil and other petroleum products.

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Plastics are resultant of petroleum and thus can be reused to derive oil. With the increase in the amount of plastic waste across different regions of the world, this process to derive oil from plastics waste becomes very important from an ecological perspective. Plastics are derived from petroleum, they can be reconstituted to obtain oil.

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