Tire Pyrolysis Oil Market Outlook:
Tire Pyrolysis Oil Market size was valued at USD 375.26 million in 2025 and is set to exceed USD 628.95 million by 2035, expanding at over 5.3% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of tire pyrolysis oil is estimated at USD 393.16 million.
The major factor driving the market expansion is the growing concern regarding the environment owing to rising emissions from fossil fuels. According to the NASA gov Scientists’ 2023 analysis data, fossil fuel emissions increased by 1.1 percent in 2023 in contrast to 2022, indicating a total rise of about 36.8 billion metric tons of carbon dioxide in 2023. Therefore, the demand for alternative sustainable fuel is growing that is further encouraging a surge in the tire pyrolysis oil market over the coming years.