Tire Derived Fuel Market Report 2017 - Latest Growth, Current Trends and Forecast till 2025

"The Latest Research Report Tire Derived Fuel Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

This exclusive report will provide you with the market size and forecast (US$ Mn) for the global market and its segments for the period from 2015 to 2025 along with the growth rate (CAGR) from 2017 to 2025, considering 2016 as base year. In addition, drivers, restraints and opportunities, competitive landscape have also been covered under the current proposed table of contents, which will in due course help you to take strategic decisions with respect to the market.

The tire derived fuel is the oldest and one of the growing market worldwide. Tire derived fuel can be defined as the fuel that is manufactured from all types of scrap tires. The different types of tires mostly comprise whole tires or tires processed into uniform pieces that satisfy the requirements of end-users. The end-users includes cement manufacturing industry, pulp & paper industry, industrial boiler, etc. Cement kilns, pulp & paper mills, and the electronic industry utilize tire derived fuel as supplement to increase the boiler efficiency and decrease air emissions at lower cost.

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Globally, 300 million tires are scrapped, out of which 52% is consumed to manufacture tired derived fuel. Tired derived fuel has several advantages over traditional fuels. The United States Environment Protection Agency considers tire derived fuel as a fuel with high Btu-value, which helps lower emissions of the harmful gases and greenhouse gases. According to The Environment Protection Agency, proper emission controls are likely to help derive excessive fuel energy, which in turn is anticipated to help protect the environment from harmful gases. A few companies employ combustion systems, which include cement kilns. Cement kilns utilize whole tires for manufacturing fuel, while other systems require the tires to be processed to certain sizes to ensure material consistency. The tire derived fuel can be manufactured in two steps, namely, chipping/shredding and metal removal. In the first step, the tires are fed into a shredder or have beads removed prior to shredding, while the second step involves the reduction of size by metal and fiber separation.

Based on application, the global tire derived fuel market can be classified into cement manufacturing, pulp and paper industry, electric utilities, and industrial boilers. Cement manufacturing companies employ tire derived fuel to supplement their primary fuel for lightning the cement kilns. Tire derived fuel acts as an excellent supplement for to produce heat during cement kiln production. During the manufacturing of cement kiln, there is no emission of smoke, odor, from the fuel. Even the remaining ash is incorporated into the product, which helps manage waste during the manufacturing process. Tire derived fuel reduces the emission of smoke during the manufacturing of cement, paper, pulp, and electric utilities, as compared to other fuels. Tire derived fuel is also utilized in the manufacturing of pulp and paper. Pulp and paper manufacturers employ tire derived fuel as a supplement to primary fuel that is used in pulp mill boilers. The pulp and paper industry utilizes tire derived fuel on a large-scale to decrease fuel cost and improve emissions and combustion efficiency.

Based on geography, the global tired derived fuel market can be classified into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. North America and Europe are the major markets for tire derived fuel, due to the expansion of the cement and paper industry in these region. Companies that manufacture tired derived fuel in Asia Pacific and Latin America are increasing investments in research and development activities due to the fuel’s properties such as low emissions of harmful gases, which have led to higher demand for tire derived fuel in the Asia Pacific market.

Major players operating in the global tire derived market are Lakin General Corporation, Liberty Tire Recycling, Probio Energy International, and AFS Technology. These companies hold a significant share of the market. Thus, the tire derived fuel market experiences intense competition.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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