In accordance with this study, the Global Tire Derived Fuel Market value registered in 2019 was close to USD XX BN and is predicted to outstretch revenue by USD XX BN in 2026 with a CAGR of XX% during the period of 2020-2026.
Tire derived fuel (TDF) is derived from all types of scrap tires including shredded tires and whole tires that are processed into uniform and flow-able pieces. TDF can be used as supplement fuel across industries including cement manufacturing, pulp and paper mills, and electric utilities to increase boiler efficiency and decrease air emissions.
The growing production along with increasing sales of automobiles and tire manufacturing companies is driving the growth of tire-derived fuel market. Moreover, rising production of tires in emerging economies owing to rising disposable income is further boosting the market demand. However, high processing cost associated with the extraction of fuel from scrap tires could limit the market growth.
The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of tire derived fuel.
The study offers a decisive view of the global tire derived fuel market by segmenting it in terms of type and application. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
- Pulp and Paper Mills
- Cement Manufacturing
- Utility Boiler
This section covers tire derived fuel market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global tire derived fuel market along with the individual application segment across all the prominent region.
Europe Tire derived Fuel Market By Revenue (USD MN)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global tire derived fuel market are Emanuel Tire, ETR Group, Front Range Tire Recycle, Globarket Tire Recycling, L & S Tire Company, Lakin Tire West, Liberty Tire Recycling, Ragn-Sells Group, Reliable Tire Disposal, Renelux Cyprus, ResourceCo, Scandinavian Enviro System, Tire Disposal & Recycling, and West Coast Rubber Recycling. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
The projections featured in the report have been derived by using primary and secondary research. Secondary research has been carried out by using various sources which include (but not limited to) Corporate Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different trade publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.