RF differs from RDF in the major aspect that there is a European standard (CEN/TC343) for it. SRF is produced from non-hazardous waste in compliance with the European standard EN 15359 and requires the producer to test the net calorific value, chlorine, and heavy metals indicated in the Industrial Emissions Directive.
The article cited AMA's "Global Solid Recovered Fuel (SRF) Market Study" explored substantial growth in Europe and CAGR of 3.56%. The Rising Demand for Fossil Fuel Alternatives Owing to CO2 Emissions
is also expected to contribute significantly to the Solid Recovered Fuel (SRF) market. Overall, Cement Plants
applications of Solid Recovered Fuel (SRF), and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The , such as , is boosting the Solid Recovered Fuel (SRF) market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Solid Recovered Fuel (SRF) market identified that the demand is rising in many different parts of the world as "The Growth Opportunities from Emerging Economies". Furthermore, some recent industry insights like "In June 2019, Veolia signed a deal with Cementos Moctezuma to build a USD 4.8 million waste processing unit in San Luis Potosí State. This operational the unit will be able to process up to 40,000t/year of industrial waste. and In September 2015, Suez and Cemex have opened a new solid recovered fuel facility in Rugby, United Kingdom that will produce SRF for the Cemex cement plant in Rugby. The companies officially opened the Rugby Solid Recovered Fuel facility." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Solid Recovered Fuel (SRF) market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Solid Recovered Fuel (SRF) market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.