Tire Pyrolysis Products Market, By Product Type, By Process Technology, By Scale of Operation, By Application, By End User, By Country, and By Region – Global Industry Analysis, Market Size, Market Share & Forecast from 2025-2032

REPORT HIGHLIGHT

Tire Pyrolysis Products Market size was valued at US$ 141 Million in 2024, expanding at a CAGR of 6.6% from 2025 to 2032.
The Tire Pyrolysis Products Market involves converting end-of-life tires into valuable outputs, such as pyrolysis oil, carbon black, steel, and gas, through thermal decomposition in an oxygen-free environment. Growing demand for alternative fuel sources is encouraging companies like Bridgestone and Green Rubber Global to expand pyrolysis oil production for industrial and construction applications. Strict landfill disposal regulations and rising waste tire generation, estimated at over 1 billion units annually worldwide, are pushing governments to support tire recycling initiatives. However, high capital investment for pyrolysis plants and fluctuating crude oil prices challenge profitability for smaller players. Advancements in reactor technology and partnerships with petrochemical firms are opening opportunities to improve oil yield and quality, supporting its use as a substitute for furnace oil and marine fuel.

Tire Pyrolysis Products Market- Market Dynamics

Growing Tire Waste Volumes and Adoption of Pyrolysis Oil for Industrial Applications
In India alone, about 2.5 million metric tonnes of tires are produced annually, and roughly 2 million metric tonnes become scrap after wear and tear. In comparison, another 0.8 million metric tonnes of waste tires are imported from countries like the UK and the UAE. Bridgestone has initiated a project to build a pilot demonstration plant in Seki City, Japan, with the capacity to process 7,500 tonnes of end-of-life tires per year to obtain tire-derived oil and recovered carbon black. Government regulation in India is pushing stronger Extended Producer Responsibility (EPR) for the entire tyre supply chain; from 2022-23, producers must recycle 35% of their production/imports, rising to 70% in 2023-24, and reach 100% from 2024-25. These measures are pressuring industry players toward chemical recycling and pyrolysis for tyres as a viable industrial application.

Tire Pyrolysis Products Market- Segmentation Analysis:

The Global Tire Pyrolysis Products Market is segmented on the basis of Product Type, Process Technology, Scale of Operation, Application, End User, and Region.
The market is divided into four categories based on product type: Pyrolysis Oil, Recovered Carbon Black (rCB), Steel Wire, and Gas. Pyrolysis oil leads the market due to its high demand as an industrial fuel substitute, followed by recovered carbon black for rubber and plastics. Steel wire recovery ranks third, while gas generated during pyrolysis is primarily used for in‑plant energy needs.
The market is divided into three categories based on Process Technology: Batch Process, Continuous Process, and Semi-Continuous Process. The Continuous Process dominates due to higher efficiency and consistent output, followed by the Batch Process, preferred for smaller-scale operations. The Semi-Continuous Process ranks last, offering moderate throughput and flexibility but limited adoption in large industrial setups.

Tire Pyrolysis Products Market- Geographical Insights

Europe has become a hotspot for capacity expansion and partnerships. Pyrum Innovations AG signed an MoU with Polyfuels Group AB to build four pyrolysis plants in Norway, Sweden, Finland, and Estonia, each handling ~20 kilotonnes of end-of-life tires annually. Klean Industries joined forces with Niersberger Group in Germany to design, engineer, and build modular pyrolysis projects across the EU, including a major plant in Poland. In North America, Klean is developing a large continuous pyrolysis facility in Boardman, Oregon (~60 kilotonnes per year feedstock), backed by long-term supply contracts for its recovered products. Australia is emerging too: Klean & City Circle Group are planning a fully integrated plant in Melbourne for recovering carbon black and fuel oil. These moves reflect regional policy support in Europe for circular economy goals, high waste tire volumes in North America, and growing environmental regulations and investment incentives in Oceania.

Tire Pyrolysis Products Market- Country Insights

In Germany, Pyrum Innovations AG has formed a joint venture (REVALIT GmbH) with MCapital GmbH, Textor GmbH, and Auer Holding GmbH to build a pyrolysis plant in Bavaria that will handle about 20,000 tonnes of used tyres per year. Pyrum has also secured a €25 million loan from BASF to support the expansion of at least three new pyrolysis units by 2026. Another deal: Pyrum teamed up with BMW Group on a pilot project in Saarland to recycle vehicle tyres using its pyrolysis process. In Sweden, Michelin, Antin Infrastructure Partners, and Enviro collaborate to build the country’s first end-of-life tyre recycling plant in Uddevalla. This plant will recycle about 35,000 tons of tyres annually, recovering carbon black and pyrolysis oil among its outputs.

Tire Pyrolysis Products Market- Competitive Landscape:

The tire pyrolysis sector is experiencing notable consolidation and strategic partnerships. Pyrum Innovations AG has formed joint ventures with Polyfuels Group AB to establish four pyrolysis plants across Northern Europe, each processing approximately 20,000 tonnes of used tires annually. In the Czech Republic, Pyrum collaborates with SUAS Group to build a thermolysis plant with a capacity of 23,000 tonnes per year. Klean Industries has expanded its partnership with Niersberger Group to design and construct a new fleet of tire pyrolysis plants to produce recovered carbon black and renewable fuels from end-of-life tires across Europe and beyond. Additionally, Michelin has joined forces with Antin Infrastructure Partners and Scandinavian Enviro Systems to develop the world's first large-scale tire recycling group, with the first full-scale recycling plant set to be constructed in Sweden. These collaborations highlight the industry's shift towards integrated, large-scale recycling solutions.

Recent Developments:

In May 2025, Prismore Capital, BDI-BioEnergy International, and JR New Horizons acquired Grupo BB&G’s tire pyrolysis technology, including a demo plant in Portugal, patents, and know-how, partnering with Bridgestone and Versalis to enhance recycling into pyrolysis oil and recovered carbon black.
In June 2025, Lummus Technology and InnoVent Renewables signed an MoU to deploy InnoVent’s continuous tire pyrolysis technology worldwide, enabling the conversion of end-of-life tires into pyrolysis oil, gas, recovered carbon black, and steel, promoting sustainable recycling and resource recovery.

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

GLOBAL TIRE PYROLYSIS PRODUCTS MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS

Alpha Carbone
Black Bear Carbon B.V.
Bolder Industries
Bridgestone Corporation
City Circle Group (CCG)
Contec S.A.
Delta-Energy Group
DVA Renewable Energy JSC
Enespa AG
Entyr Limited
Green Rubber & Petroleum
New Energy Kft.
Niutech Environment Technology Corporation
Novum Energy Australia Pty Ltd
Pyrum Innovations AG
RCB Nanotehnologija d.o.o.
Reoil SP.o.o.
Scandinavian Enviro Systems AB
Trident Fuels (Pty) Ltd
Waverly Carbon Ltd
Others

GLOBAL TIRE PYROLYSIS PRODUCTS MARKET, BY PRODUCT TYPE- MARKET ANALYSIS, 2019 - 2032

Pyrolysis Oil
Recovered Carbon Black (rCB)
Steel Wire
Gas

GLOBAL TIRE PYROLYSIS PRODUCTS MARKET, BY PROCESS TECHNOLOGY- MARKET ANALYSIS, 2019 - 2032

Batch Process
Continuous Process
Semi-Continuous Process

GLOBAL TIRE PYROLYSIS PRODUCTS MARKET, BY SCALE OF OPERATION- MARKET ANALYSIS, 2019 - 2032

Small Scale
Medium Scale
Large Scale

GLOBAL TIRE PYROLYSIS PRODUCTS MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032

Fuel
New Tire Manufacturing
Rubber Goods & Plastics
Carbon Black Reinforcement
Specialty Chemicals

GLOBAL TIRE PYROLYSIS PRODUCTS MARKET, BY END USER- MARKET ANALYSIS, 2019 - 2032

Cement & Paper Mills
Power Generation
Automotive & Rubber
Chemical Processing

GLOBAL TIRE PYROLYSIS PRODUCTS MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032

North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Sweden
Russia
Poland
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Australia
Indonesia
Thailand
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
UAE
Israel
Turkey
Algeria
Egypt
Rest of MEA Show more