Market Overview:
The global waste tyre pyrolysis plant market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fuel oil and carbon black from various end-use industries. In addition, the growing awareness about environmental pollution is also propelling the demand for waste tyre pyrolysis plants across the globe. Based on type, the global waste tyre pyrolysis plant market can be segmented into semi-continuous pyrolysis device and fully continuous pyrolysis device. The semi-continuous pyrolysis device segment is projected to account for a larger share of the global market in 2018 owing to its low cost and easy installation as compared to fully continuous pyrolysis devices. Based on application, the global waste tyre Pyrolysist plant market can be divided into industrial and commercial segments. The industrial segment is anticipated to hold a larger share of this market in 2018 due rising demand from various end-use industries such as rubber manufacturing, plastic manufacturing, etc.
Product Definition:
The Waste Tyre Pyrolysis Plant is a plant that uses thermal decomposition to convert waste tyres into useful products. The importance of the Waste Tyre Pyrolysis Plant is that it helps to reduce the amount of waste tyres that are produced each year, and it also helps to create new products from old materials.
Semi-Continuous Pyrolysis Device:
A semi-continuous pyrolysis device is a type of continuous process used to convert waste tires into synthetic gas. It’s major application includes power generation and fuel production. The growing demand for electricity in the developing economies including India, China, Vietnam and South Korea is expected to drive the market over the forecast period.
Fully Continuous Pyrolysis Device:
Fully continuous pyrolysis device is a type of industrial process equipment used to convert waste tires into synthetic oil and gas. The fully continuous pyrolysis device has the ability to operate at high temperatures (up to 900°C) and pressures (up to 35 bar). This makes it an ideal solution for processing large volumes of waste tires in less time.
Application Insights:
The industrial application segment led the market and accounted for more than 70.0% share of the global revenue in 2017. The growing demand for waste tires from various industries including automotive, construction, and transportation is expected to drive the product demand over the forecast period.
Industrial applications include plants that process rubber products from old tires or other worn out rubber goods such as inner tubes, golf balls, etc. These plants are designed with continuous operation mode so that they can cater to varying demands throughout the day. Fully continuous pyrolysis devices are used at these facilities as they yield higher output compared to semi-continuous devices do under similar operating conditions (temperature & pressure).
Commercial applications include hotels/restaurants where food processing wastes including grease pouches.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of industries using solid waste as a raw material. The U.S., being one of the most developed nations, has many old and worn-out tires that are disposed off improperly ending up in landfills, which is leading to an increase in greenhouse gas emissions. Thus, Pyrolysis plant plays an important role by turning these waste tires into fuel that can be used for industrial processes or electricity generation thereby reducing carbon footprint and enhancing energy security.
Asia Pacific is expected to witness significant growth over the forecast period owing to rapid urbanization coupled with increasing industrial activities across various sectors such as automotive, construction & housing etc., especially in developing countries such as China and India will drive industry expansion over next eight years (2030).
Growth Factors:
- Increasing demand for fuel from the automotive and transportation sector
- Stringent government regulations on waste management and disposal
- Growing awareness about the benefits of waste tyre pyrolysis plant among end-users
- Technological advancements in waste tyre pyrolysis plant design and operation
- Rising prices of crude oil
Scope Of The Report
Report Attributes
Report Details
Report Title
Waste Tyre Pyrolysis Plant Market Research Report
By Type
Semi-Continuous Pyrolysis Device, Fully Continuous Pyrolysis Device
By Application
Industrial, Commercial
By Companies
Beston Machinery Co., Ltd., Kingtiger Environmental Technology Co., Ltd., Henan Mingjie Environmental Equipment Co., Ltd, Shredwell Recycling, Hunan Benji Environmental Energy Technology Co.,Ltd, Ruixin Environmental Specialty Equipment Manufacturing Co., Ltd, Henan Doing Environmental Protection Technology Co., Ltd, 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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Waste Tyre Pyrolysis Plant Market Report Segments:
The global Waste Tyre Pyrolysis Plant market is segmented on the basis of:
Types
Semi-Continuous Pyrolysis Device, Fully Continuous Pyrolysis Device
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
Industrial, Commercial
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.
- Henan Mingjie Environmental Equipment Co., Ltd
- Shredwell Recycling
- Hunan Benji Environmental Energy Technology Co.,Ltd
- Ruixin Environmental Specialty Equipment Manufacturing Co., Ltd
- Henan Doing Environmental Protection Technology Co., Ltd
- KGN Industries
- Divya International
- Henan Realtop Machinery Co,Ltd.
- Agile Process Chemicals LLP
Highlights of The Waste Tyre Pyrolysis Plant 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:
- Semi-Continuous Pyrolysis Device
- Fully Continuous Pyrolysis Device
- By Application:
- Industrial
- Commercial
- 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 Waste Tyre Pyrolysis Plant 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
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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?
A waste tyre pyrolysis plant is a facility that uses heat and oxygen to break down waste tyres into their constituent materials. This process can create valuable resources such as fuel, plastics, and rubber.
Some of the major players in the waste tyre pyrolysis plant market are Beston Machinery Co., Ltd., Kingtiger Environmental Technology Co., Ltd., Henan Mingjie Environmental Equipment Co., Ltd, Shredwell Recycling, Hunan Benji Environmental Energy Technology Co.,Ltd, Ruixin Environmental Specialty Equipment Manufacturing Co., Ltd, Henan Doing Environmental Protection Technology Co., Ltd, KGN Industries, Divya International, Henan Realtop Machinery Co,Ltd., Agile Process Chemicals LLP.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Waste Tyre Pyrolysis Plant 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 Waste Tyre Pyrolysis Plant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Waste Tyre Pyrolysis Plant 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 Waste Tyre Pyrolysis Plant 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 Waste Tyre Pyrolysis Plant Market Size & Forecast, 2020-2028
4.5.1 Waste Tyre Pyrolysis Plant Market Size and Y-o-Y Growth
4.5.2 Waste Tyre Pyrolysis Plant 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 Semi-Continuous Pyrolysis Device
5.2.2 Fully Continuous Pyrolysis Device
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 Industrial
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Waste Tyre Pyrolysis Plant 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 Waste Tyre Pyrolysis Plant 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 Semi-Continuous Pyrolysis Device
9.6.2 Fully Continuous Pyrolysis Device
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 Industrial
9.10.2 Commercial
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 Semi-Continuous Pyrolysis Device
10.6.2 Fully Continuous Pyrolysis Device
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 Industrial
10.10.2 Commercial
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 Semi-Continuous Pyrolysis Device
11.6.2 Fully Continuous Pyrolysis Device
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 Industrial
11.10.2 Commercial
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 Semi-Continuous Pyrolysis Device
12.6.2 Fully Continuous Pyrolysis Device
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 Industrial
12.10.2 Commercial
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 Semi-Continuous Pyrolysis Device
13.6.2 Fully Continuous Pyrolysis Device
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 Industrial
13.10.2 Commercial
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 Waste Tyre Pyrolysis Plant Market: Competitive Dashboard
14.2 Global Waste Tyre Pyrolysis Plant 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 Henan Mingjie Environmental Equipment Co., Ltd
14.3.4 Shredwell Recycling
14.3.5 Hunan Benji Environmental Energy Technology Co.,Ltd
14.3.6 Ruixin Environmental Specialty Equipment Manufacturing Co., Ltd
14.3.7 Henan Doing Environmental Protection Technology Co., Ltd
14.3.8 KGN Industries
14.3.9 Divya International
14.3.10 Henan Realtop Machinery Co,Ltd.
14.3.11 Agile Process Chemicals LLP
