Press release
Tire Derived Fuel Market Outlook on Key Growth Trends, Factors and Forecast 2032
Global Tire Derived Fuel Market is valued at USD 137.6 Million in 2020 and expected to reach USD 182.4 Million by 2027 with a CAGR of 4.1% over the forecast period.The fuel produced from all types of tyres is known as tyre derived fuel (TDF). The fuel made from tyres is employed in the combustion units of many industrial buildings because it produces more heat at a lower cost than coal. It can be utilised as the primary fuel or as a backup fuel to boost efficiency and cut costs on air emissions. Tires are compact, consistently composed, and have low moisture, which benefits the fuel user and decreases usage of tyre for landfills or stockpiles. This lowers fuel costs, which is the main benefit of using tyres as fuel.
The ash produced by the tyres in the kiln can be used as a final ingredient in the cement industry since it produces heat for an extended period of time without emitting any smoke, odour, or visual emissions. Between TDF combusting kilns and non-TDF fire kilns, there is no discernible difference in the emission data sets for metals, sulphur dioxide, carbon monoxide, nitrogen oxides, or total hydrocarbons.
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Additionally, the passenger tyre has 2.5 pounds of high-grade steel that is used as a component in cement products and lowers the need for iron during production. As the automobile sector expands, there will be a greater need for new tyres, which will increase the amount of trash tyres produced.
This report examines all the key factors influencing growth of global Tire Derived Fuel market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Tire Derived Fuel market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Market Segmentation
Global Tire Derived Fuel Market: Major Players
Emanuel Tire
Lakin Tire West Inc.
Tire Disposal & Whole Tire Inc.
ResourceCo Pty Ltd.
Scandinavian Enviro Systems AB
West Coast Rubber Whole Tire Inc.
Ragn-Sells Group
L & S Tire Company
Globarket Tire Whole Tire LLC
ETR Group
Renelux Cyprus Ltd
Liberty Tire Whole Tire
Reliable Tire Disposal
Front Range Tire Recycle Inc.
Global Tire Derived Fuel Market: Types
Shredded Tire
Whole Tire
Global Tire Derived Fuel Market: Applications
Pulp and Paper Mills
Cement Manufacturing
Utility Boiler
Others
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Global Tire Derived Fuel Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Tire Derived Fuel market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Frequently Asked Questions
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