Tire-Derived Fuel Market size to grow by USD 80.63 million from 2021 to 2026| Evolving Opportunities with CH2E & Emanuel Tire LLC | Technavio – Press Release

NEW YORK, April 22, 2022 /PRNewswire/ —

Tire-Derived Fuel Market Facts at a Glance-

• Total Pages: 120
• Companies: 10+ – Including CH2E, Emanuel Tire LLC, Front Range Tire Recycle Inc., Globarket Tire Recycling LLC, Lakin Tire, Liberty Tire Recycling LLC, L and S Tire Co., MS Tire Recycling LLC, Regn-Sells Group, Reliable Tire Disposal, Renelux Cyprus Ltd., ResourceCo Pty Ltd., Scandinavian Enviro Systems AB, Tire Disposal and Recycling Inc., Tyrec Ltd., and West Coast Rubber Recycling Inc. among others.
• Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape; COVID impact & recovery analysis
• Segments:  End-user (cement kilns, pulp and paper mills, and utility and industrial boilers)
• Geographies: APAC, Europe, North America, South America, and the Middle East and Africa

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The Tire-Derived Fuel Market size is expected to increase by USD 80.63 million from 2021 to 2026, at an accelerated CAGR of 3.78% as per the latest market report by Technavio. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenarios, future market trends, market size & estimations, and major investment pockets. 71% of the market’s growth will originate from APAC during the forecast period. China, Japan, India, and Russia are the key markets for tire-derived fuel in APAC. Market growth in this region will be faster than the growth of the market in other regions. The significant increase in sales of automotive vehicles and the subsequent generation of stockpiles of tires over the years will facilitate the tire-derived fuel market growth in APAC over the forecast period.

Download Sample: for more additional information about the key countries in APAC

Vendor Insights-

The Tire-Derived Fuel Market is fragmented, and the vendors are deploying growth strategies such as focusing on product delivery through multiple distribution channels to compete in the market.

• CH2E  –The company offers Tire-derived fuels (TDF) from recycled waste tires, which are processed into material used as fuel in various manufacturing applications. 

Find additional highlights on the vendors and their product offerings. Download Sample Report

Latest Drivers & Trends Driving the Market-

• Tire-Derived Fuel Market Driver:
• Growing automotive fleet.:
  The key factor driving the global tire-derived fuel market growth is the growing automotive fleet. As of June 2020, more than half of the world’s population resided in urban areas, and it is expected that more than two-thirds of the world population will be living in urban areas by 2050. This has stimulated the need for transportation. For instance, motor vehicle sales across the world grew by almost 32% from 2010-to 2021. Due to the limited lifetime of tires, which depends on the distance covered by the vehicles and the kind of roads traveled, the need for changing the tires arises for all vehicles. End-of-life tires can be collected and converted into energy, which can be used in applications such as cement kilns, industrial boilers, and paper and pulp facilities. Such factors will drive the growth of the market during the forecast period.
• Tire-Derived Fuel Market Trend:
• Advances in tire recycling technologies:

The key factor driving the global tire-derived fuel market growth is the advances in tire recycling technologies. Stringent regulations are being undertaken to comply with the Paris Agreement. On average, EVs emit half the amount of GHGs as compared to conventional vehicles. In order to further promote the sales of EVs, governments in several countries like China and the US are setting objectives and giving incentives in the form of monetary and non-monetary benefits. According to the IEA, China has set a target of launching five million EVs by 2020, inclusive of 4.6 million passenger light-duty vehicles and 0.2 million buses for public transport. On the other hand, India has also set a target to achieve 30% EV sales by 2030. These factors have boosted the demand for EVs and HEVs globally, which will fetch more end-of-life tires during the forecast period, which can be converted as fuel. Such factors will positively impact the market during the forecast period.

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Table of Contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis – Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by End-user

• 5.1 Market segments
• Exhibit 24: Chart on End-user – Market share 2021-2026 (%)
• Exhibit 25: Data Table on End-user – Market share 2021-2026 (%)

• 5.2 Comparison by End-user
• Exhibit 26: Chart on Comparison by End-user
• Exhibit 27: Data Table on Comparison by End-user

• 5.3 Cement kilns – Market size and forecast 2021-2026
• Exhibit 28: Chart on Cement kilns – Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Cement kilns – Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Cement kilns – Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Cement kilns – Year-over-year growth 2021-2026 (%)

• 5.4 Pulp and paper mills – Market size and forecast 2021-2026
• Exhibit 32: Chart on Pulp and paper mills – Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Pulp and paper mills – Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Pulp and paper mills – Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Pulp and paper mills – Year-over-year growth 2021-2026 (%)

• 5.5 Utility and industrial boilers – Market size and forecast 2021-2026
• Exhibit 36: Chart on Utility and industrial boilers – Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Utility and industrial boilers – Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Utility and industrial boilers – Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Utility and industrial boilers – Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by End-user
• Exhibit 40: Market opportunity by End-user ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 APAC – Market size and forecast 2021-2026
• Exhibit 46: Chart on APAC – Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on APAC – Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on APAC – Year-over-year growth 2021-2026 (%)

• 7.4 Europe – Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe – Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe – Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe – Year-over-year growth 2021-2026 (%)

• 7.5 North America – Market size and forecast 2021-2026
• Exhibit 54: Chart on North America – Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on North America – Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on North America – Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on North America – Year-over-year growth 2021-2026 (%)

• 7.6 South America – Market size and forecast 2021-2026
• Exhibit 58: Chart on South America – Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America – Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America – Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America – Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa – Market size and forecast 2021-2026
• Exhibit 62: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)

• 7.8 China – Market size and forecast 2021-2026
• Exhibit 66: Chart on China – Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on China – Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on China – Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China – Year-over-year growth 2021-2026 (%)

• 7.9 US – Market size and forecast 2021-2026
• Exhibit 70: Chart on US – Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on US – Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on US – Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on US – Year-over-year growth 2021-2026 (%)

• 7.10 Russia – Market size and forecast 2021-2026
• Exhibit 74: Chart on Russia – Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Russia – Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Russia – Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Russia – Year-over-year growth 2021-2026 (%)

• 7.11 Japan – Market size and forecast 2021-2026
• Exhibit 78: Chart on Japan – Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Japan – Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Japan – Year-over-year growth 2021-2026 (%)

• 7.12 India – Market size and forecast 2021-2026
• Exhibit 82: Chart on India – Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on India – Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on India – Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on India – Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.3 Impact of drivers and challenges
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

9 Vendor Landscape

• 9.2 Vendor landscape
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 92: Matrix on vendor position and classification

• 10.3 CH2E
• Exhibit 93: CH2E – Overview
• Exhibit 94: CH2E – Product / Service
• Exhibit 95: CH2E – Key offerings

• 10.4 Emanuel Tire LLC
• Exhibit 96: Emanuel Tire LLC – Overview
• Exhibit 97: Emanuel Tire LLC – Product / Service
• Exhibit 98: Emanuel Tire LLC – Key offerings

• 10.5 Front Range Tire Recycle Inc.
• Exhibit 99: Front Range Tire Recycle Inc. – Overview
• Exhibit 100: Front Range Tire Recycle Inc. – Product / Service
• Exhibit 101: Front Range Tire Recycle Inc. – Key offerings

• 10.6 Globarket Tire Recycling LLC
• Exhibit 102: Globarket Tire Recycling LLC – Overview
• Exhibit 103: Globarket Tire Recycling LLC – Product / Service
• Exhibit 104: Globarket Tire Recycling LLC – Key offerings

• 10.7 Lakin Tire
• Exhibit 105: Lakin Tire – Overview
• Exhibit 106: Lakin Tire – Product / Service
• Exhibit 107: Lakin Tire – Key offerings

• 10.8 Liberty Tire Recycling LLC
• Exhibit 108: Liberty Tire Recycling LLC – Overview
• Exhibit 109: Liberty Tire Recycling LLC – Product / Service
• Exhibit 110: Liberty Tire Recycling LLC – Key offerings

• 10.9 Ragn-Sells Group
• Exhibit 111: Ragn-Sells Group – Overview
• Exhibit 112: Ragn-Sells Group – Product / Service
• Exhibit 113: Ragn-Sells Group – Key offerings

• 10.10 Renelux Cyprus Ltd.
• Exhibit 114: Renelux Cyprus Ltd. – Overview
• Exhibit 115: Renelux Cyprus Ltd. – Product / Service
• Exhibit 116: Renelux Cyprus Ltd. – Key offerings

• 10.11 ResourceCo Pty Ltd.
• Exhibit 117: ResourceCo Pty Ltd. – Overview
• Exhibit 118: ResourceCo Pty Ltd. – Product / Service
• Exhibit 119: ResourceCo Pty Ltd. – Key offerings

• 10.12 Scandinavian Enviro Systems AB
• Exhibit 120: Scandinavian Enviro Systems AB – Overview
• Exhibit 121: Scandinavian Enviro Systems AB – Product / Service
• Exhibit 122: Scandinavian Enviro Systems AB – Key offerings

11 Appendix

• 11.2 Inclusions and exclusions checklist
• Exhibit 123: Inclusions checklist
• Exhibit 124: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 125: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 126: Research methodology
• Exhibit 127: Validation techniques employed for market sizing
• Exhibit 128: Information sources

• 11.5 List of abbreviations
• Exhibit 129: List of abbreviations

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