Market Overview:
The global pyrolysis equipment market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for rubber, plastic, and coating products; and the growing need for waste management solutions. The tyre pyrolysis equipment segment is expected to grow at a CAGR of 6.0% from 2018 to 2030, owing to the increasing demand for recycled tyres in the automotive industry. The rubber pyrolysis equipment segment is projected to grow at a CAGR of 5.8% from 2018to 2030, due to rising demand for recycled rubber products in various industries such as automotive, construction, and footwear industries. The oil sludge pyrolysis device segment is estimatedto grow at aCAGR of 4.9 %from2018to2030due tobusinesses’ inclination towards environment-friendly processes that reduce greenhouse gas emissions Pyrolytic treatment helps convert solid wastes into combustible gases or bio-oil which can be used as an energy source or fuel substitutes .
Product Definition:
Pyrolysis Equipment is a type of industrial equipment that is used to convert organic materials into useful products. The importance of Pyrolysis Equipment lies in its ability to break down complex molecules into simpler ones, which can then be used for a variety of purposes.
Tyre Pyrolysis Equipment:
tyre pyrolysis equipment is used to recycle rubber tires into usable materials. The process involves heating the tire at a high temperature which causes the material in it to decompose or break down into smaller components, which can be further processed by other equipment. Pyrolysis Equipment are mainly used for recycling plastic and rubber waste, hence reducing its volume and bringing down its cost.
Rubber Pyrolysis Equipment:
Rubber pyrolysis equipment is used in rubber processing industry for the conversion of tires into rubber powder. Rubber pyrolysis plant consists of two main parts, namely furnace and gasifier. In this process, tire is charged into the furnace and after that it is passed under high temperature condition to break down its components so that they can flow together easily.
Application Insights:
The rubber products segment led the global pyrolysis equipment market in 2017 and is anticipated to witness significant growth over the forecast period. The growing automotive sector, particularly in Asia Pacific and Europe, is expected to drive demand for tires which will subsequently fuel market growth. In addition, increasing utilization of polyolefins as a substitute for natural rubber owing to their superior properties such as better abrasion resistance coupled with low cost is likely to propel product demand over the coming years.
Plastic products segment Pyrolysis equipment was valued at USD 281.1 million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 on account of rising product utilization in various end-use industries including construction materials & hardware, medical devices & supplies among others.
Regional Analysis:
North America dominated the global market in 2017 owing to rising demand for sustainable and renewable energy sources. The region is expected to witness a CAGR of XX% during the forecast period. Increasing government initiatives towards implementation of PyroGenesis systems in various industries such as automotive, construction, oil & gas, power generation coupled with growing awareness about environmental protection is anticipated to drive the market growth over this region.
Asia Pacific is projected to be one of the fastest-growing regions during the same period owing to increasing industrialization and rapid urbanization resulting into increased solid waste disposal activities leading into high product demand across countries such as China, India and Japan etc.; hence driving industry growth across this region. Moreover; growing automobile production along with increasing rubber tire manufacturing capacity in Asia Pacific due mainly on low labor cost has led major players operating within Asia Pacific including Bridgestone Corporation; Nippon Steel & Sumitomo Metal Corporation (NSSMC) Ltd.; JFE Corp., etc.
Growth Factors:
- Increasing demand for bio-based products: The global market for bio-based products is expected to reach USD 6.20 billion by 2020. This growth is attributed to the increasing demand for sustainable and environmentally friendly products. Pyrolysis equipment can be used to produce bio-oil, which can be used as a fuel or a feedstock for the production of other bioproducts.
- Growing need for energy security: The world’s population is growing and so is the demand for energy. Pyrolysis equipment can be used to produce renewable fuels such as ethanol and biodiesel, which can help reduce our dependence on fossil fuels.
- Stringent environmental regulations: Governments around the world are increasingly implementing stringent environmental regulations that call for reduced emissions from industries such as transportation, power generation, and manufacturing. Pyrolysis equipment offers an environmentally friendly way of converting waste into useful products without generating harmful emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Pyrolysis Equipment Market Research Report
By Type
Tyre Pyrolysis Equipment, Rubber Pyrolysis Equipment, Oil Sludge Pyrolysis Device, Solid Waste Pyrolysis Plant
By Application
Rubber Products, Plastic Products, Coating, Asphalt, Others
By Companies
Beston Machinery Co., Ltd., Kingtiger Environmental Technology Co., Ltd., Hunan Benji Environmental Energy Technology Co.,Ltd, Polvax-Ukraine, LLC, Technokomplex, Ruixin Environmental Specialty Equipment Manufacturing Co., Ltd, Henan Doing Environmental Protection Technology Co., Ltd, SCHWING, KGN Industries, Divya International, Henan Realtop Machinery Co,Ltd., Agile Process Chemicals LLP
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Pyrolysis Equipment Market Report Segments:
The global Pyrolysis Equipment market is segmented on the basis of:
Types
Tyre Pyrolysis Equipment, Rubber Pyrolysis Equipment, Oil Sludge Pyrolysis Device, Solid Waste Pyrolysis Plant
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Rubber Products, Plastic Products, Coating, Asphalt, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Beston Machinery Co., Ltd.
- Kingtiger Environmental Technology Co., Ltd.
- Hunan Benji Environmental Energy Technology Co.,Ltd
- Polvax-Ukraine, LLC
- Technokomplex
- Ruixin Environmental Specialty Equipment Manufacturing Co., Ltd
- Henan Doing Environmental Protection Technology Co., Ltd
- SCHWING
- KGN Industries
- Divya International
- Henan Realtop Machinery Co,Ltd.
- Agile Process Chemicals LLP
Highlights of The Pyrolysis Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Tyre Pyrolysis Equipment
- Rubber Pyrolysis Equipment
- Oil Sludge Pyrolysis Device
- Solid Waste Pyrolysis Plant
- By Application:
- Rubber Products
- Plastic Products
- Coating
- Asphalt
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pyrolysis Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pyrolysis equipment is a device that uses heat and oxygen to break down organic materials into molecules of carbon, hydrogen, and nitrogen. Pyrolysis can be used to create bio-oil or gas.
Some of the major players in the pyrolysis equipment market are Beston Machinery Co., Ltd., Kingtiger Environmental Technology Co., Ltd., Hunan Benji Environmental Energy Technology Co.,Ltd, Polvax-Ukraine, LLC, Technokomplex, Ruixin Environmental Specialty Equipment Manufacturing Co., Ltd, Henan Doing Environmental Protection Technology Co., Ltd, SCHWING, KGN Industries, Divya International, Henan Realtop Machinery Co,Ltd., Agile Process Chemicals LLP.
The pyrolysis equipment market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pyrolysis Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pyrolysis Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pyrolysis Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pyrolysis Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pyrolysis Equipment Market Size & Forecast, 2020-2028
4.5.1 Pyrolysis Equipment Market Size and Y-o-Y Growth
4.5.2 Pyrolysis Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Tyre Pyrolysis Equipment
5.2.2 Rubber Pyrolysis Equipment
5.2.3 Oil Sludge Pyrolysis Device
5.2.4 Solid Waste Pyrolysis Plant
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Rubber Products
6.2.2 Plastic Products
6.2.3 Coating
6.2.4 Asphalt
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pyrolysis Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pyrolysis Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Tyre Pyrolysis Equipment
9.6.2 Rubber Pyrolysis Equipment
9.6.3 Oil Sludge Pyrolysis Device
9.6.4 Solid Waste Pyrolysis Plant
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Rubber Products
9.10.2 Plastic Products
9.10.3 Coating
9.10.4 Asphalt
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Tyre Pyrolysis Equipment
10.6.2 Rubber Pyrolysis Equipment
10.6.3 Oil Sludge Pyrolysis Device
10.6.4 Solid Waste Pyrolysis Plant
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Rubber Products
10.10.2 Plastic Products
10.10.3 Coating
10.10.4 Asphalt
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Tyre Pyrolysis Equipment
11.6.2 Rubber Pyrolysis Equipment
11.6.3 Oil Sludge Pyrolysis Device
11.6.4 Solid Waste Pyrolysis Plant
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Rubber Products
11.10.2 Plastic Products
11.10.3 Coating
11.10.4 Asphalt
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Tyre Pyrolysis Equipment
12.6.2 Rubber Pyrolysis Equipment
12.6.3 Oil Sludge Pyrolysis Device
12.6.4 Solid Waste Pyrolysis Plant
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Rubber Products
12.10.2 Plastic Products
12.10.3 Coating
12.10.4 Asphalt
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Tyre Pyrolysis Equipment
13.6.2 Rubber Pyrolysis Equipment
13.6.3 Oil Sludge Pyrolysis Device
13.6.4 Solid Waste Pyrolysis Plant
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Rubber Products
13.10.2 Plastic Products
13.10.3 Coating
13.10.4 Asphalt
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pyrolysis Equipment Market: Competitive Dashboard
14.2 Global Pyrolysis Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Beston Machinery Co., Ltd.
14.3.2 Kingtiger Environmental Technology Co., Ltd.
14.3.3 Hunan Benji Environmental Energy Technology Co.,Ltd
14.3.4 Polvax-Ukraine, LLC
14.3.5 Technokomplex
14.3.6 Ruixin Environmental Specialty Equipment Manufacturing Co., Ltd
14.3.7 Henan Doing Environmental Protection Technology Co., Ltd
14.3.8 SCHWING
14.3.9 KGN Industries
14.3.10 Divya International
14.3.11 Henan Realtop Machinery Co,Ltd.
14.3.12 Agile Process Chemicals LLP
