Tire Pyrolysis Oil Market - Top Companies and Manufacturers

Companies Dominating the Tire Pyrolysis Oil Landscape

The tire pyrolysis oil market consists of several major players. Owing to these key players their innovative production process is set to influence the market. Some of them are included as:

Neste
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BASF SE

Green Fuel Nordic Oy
BTG Biomass Technology Group
Mk Aromatics Limited
New Energy Kft.
New Hope Energy
Nexus Circular
Trident Fuels (Pty) Ltd
Plastic Advanced Recycling Corp.

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Tire Pyrolysis Oil Market Size & Share, Global Forecasts 2036

In the News

Neste succeeded in finishing its first process trial with an environmentally demanding raw material, liquefied discarded tires, in support of its efforts to promote chemical recycling. Neste handled high-quality raw materials to create novel polymers and chemicals.
BASF SE intends to invest over USD 17 million in Pyrum Innovations AG, an innovative business specializing in waste tire pyrolysis located in Dillingen/Saar, Germany. BASF's investment will assist with the development of Pyrum's pyrolysis plant in Dillingen in addition to the technology's future rollout.

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of tire pyrolysis oil was over USD 1.3 billion.

The market size for tire pyrolysis oil is projected to cross USD 2.8 billion by the end of 2036 expanding at a CAGR of 6.5% during the forecast period i.e., between 2024-2036.

The major players in the market are Neste, BASF SE, Green Fuel Nordic Oy, BTG Biomass Technology Group, and others.

The waste plastics segment is anticipated to generate a share/size of 40% during 2024-2036.

The North America tire pyrolysis oil sector is poised to hold 35% share by the end of 2036.

Tire Pyrolysis Oil Market - Top Companies and Manufacturers

Companies Dominating the Tire Pyrolysis Oil Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the tire pyrolysis oil industry?

What is the outlook for the tire pyrolysis oil market?

Who are the major players dominating the tire pyrolysis oil landscape?

Which segment will capture the significant market share for tire pyrolysis oil by 2036?

Which region will provide more opportunities for the tire pyrolysis oil business in the near future?