Pyrolysis oil is an end product of tyre pyrolysis and waste plastic. Pyrolysis oil, also called as bio-oil-or bio-crude. Pyrolysis oil is synthetic fuel that is manufactured as alternative for petroleum. This oil contains different levels of oxygen which can be considered as a hydrocarbon. Pyrolysis oil is non-volatile, non-corrosive, and provides thermal instability. Pyrolysis oil is used as a alternative for fossil fuels whereas pyrolysis when co-fired in power plants can also replace coal, heavy oil, and natural gas.
Rise in demand for pyrolysis oil in petroleum industry is expected to boost the pyrolysis oil market growth. Furthermore, increase in government initiatives is expected to propel the growth of global pyrolysis oil market. Moreover, increase in partnership activities is expected to fuel the pyrolysis oil market. For instance, in September 2019, Setra partnered with Preem. Under this partnership these companies are focusing on production of pyrolysis oil from sawdust. In other hand, BTG- BTL had teamed up with TechnipFMC for the production of bio-oil. However, availability of qualified personnel is the major restraining factor for market which expected to hamper the growth of global pyrolysis oil market.
Global Pyrolysis Oil Market is segmented into pyrolysis process such as Fast, Flash, and Others, by source such as Plastic (LDPE, HDPE, Polystyrene, and Others), Rubber, and Biomass. Further global pyrolysis oil market is segmented into end users such as Heat & Power (Boilers, Gas Turbines, and Diesel Engines), Automotive Fuel, Bio Refineries, and Food Flavoring.
Also, Global Pyrolysis Oil Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.
Various key competitors are mentioned in this report such as BTG Biomass Technology Group, BlueBear, Chevron Phillips Chemical Company, Biogreen, Divya International, Setra, Preem, TechnipFMC, Enekem, and Ensyn Corporation.
By Pyrolysis Process Fast Flash Others By Source
Plastic
LDPE HDPE Polystyrene Others Rubber Biomass By End Users
Heat & Power
Boilers
Gas Turbines Diesel Engines Automotive Fuel Bio Refineries Food Flavoring
1.1. Market Taxonomy
2. Global Pyrolysis Oil Market Demand (in Value or Size in US$ Mn) Analysis and Forecast
3. Market Background
3.1. Forecast Factor
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Challenges
3.2.3. Trends
4. Global Pyrolysis Oil Market Snapshot
5. Global Pyrolysis Oil Market Analysis, By Pyrolysis Process
5.1. Y-o-Y Growth Comparison, By Pyrolysis Process
5.2. Global Pyrolysis Oil Market Share Analysis, By Pyrolysis Process
5.3. Global Pyrolysis Oil Market Size and Forecast, By Pyrolysis Process
5.3.1 Fast
5.3.2 Flash
5.3.3 Others
6.2. Global Pyrolysis Oil Market Share Analysis, By Source
6.3. Global Pyrolysis Oil Market Size and Forecast, By Source
6.3.1 Plastic
6.3.1.1 LDPE
6.3.1.2 HDPE
6.3.1.3 Polystyrene
6.3.1.4 Others
6.3.2 Rubber
6.3.3 Biomass
7. Global Pyrolysis Oil Market Analysis, By End User
7.1. Y-o-Y Growth Comparison, By End User
7.2. Global Pyrolysis Oil Market Share Analysis, By End User
7.3. Global Pyrolysis Oil Market Size and Forecast, By End User
7.3.1 Heat & Power
7.3.1.1 Boilers
7.3.1.2 Gas Turbines
7.3.1.3 Diesel Engines
7.3.2 Automotive Fuel
7.3.3 Bio Refineries
7.3.4 Food Flavoring
8. Global Pyrolysis Oil Market Analysis, By Region
8.1. Y-o-Y Growth Comparison, By Region
8.2. Global Pyrolysis Oil Market Share Analysis, By Region
9. North America Pyrolysis Oil Market Analysis and Forecast (2017-2030)
9.1 Introduction
9.2 North America Pyrolysis Oil Market Analysis, By Pyrolysis Process
9.3 North America Pyrolysis Oil Market Analysis, By Source
9.4 North America Pyrolysis Oil Market Analysis, By End Users
9.5 North America Pyrolysis Oil Market Analysis, By Country
9.5.1 USA
9.5.2 Canada
9.5.3 Mexico
10. Europe Pyrolysis Oil Market Analysis and Forecast (2017-2030)
10.1 Introduction
10.2 Europe Pyrolysis Oil Market Analysis, By Pyrolysis Process
10.3 Europe Pyrolysis Oil Market Analysis, By Source
10.5 North America Pyrolysis Oil Market Analysis, By End Users
10.6 Europe Pyrolysis Oil Market Analysis, By Country
10.6.1 Germany
10.6.2 France
10.6.3 UK
10.6.4 Rest of Europe
11. Asia Pacific Pyrolysis Oil Market Analysis and Forecast (2017-2030)
11.1 Introduction
11.2 Asia Pacific Pyrolysis Oil Market Analysis, By Pyrolysis Process
11.3 Asia Pacific Pyrolysis Oil Market Analysis, By Source
11.4 North America Pyrolysis Oil Market Analysis, By End Users
11.5 Asia Pacific Pyrolysis Oil Market Analysis, By Country
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 Rest of Asia Pacific
12. Latin America Pyrolysis Oil Market Analysis and Forecast (2017-2030)
12.1 Introduction
12.2 Latin America Pyrolysis Oil Market Analysis, By Pyrolysis Process
12.3 Latin America Pyrolysis Oil Market Analysis, By Source
12.4 North America Pyrolysis Oil Market Analysis, By End Users
13. Middle East & Africa Pyrolysis Oil Market Analysis and Forecast (2017-2030)
13.1 Introduction
13.2 Middle East & Africa Pyrolysis Oil Market Analysis, By Pyrolysis Process
13.3 Middle East & Africa Pyrolysis Oil Market Analysis, By Source
13.4 North America Pyrolysis Oil Market Analysis, By End Users
14. Competition Analysis
14.1 Competition Dashboard
14.2 Market Share Analysis of Top Vendors
14.3 Key Development Strategies
15. Company Profiles
15.1 BTG Biomass Technology Group
15.1.1 Overview
15.1.2 Pyrolysis Process Offerings
151.3 Key Financial
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 BlueBear
15.3 Chevron Phillips Chemical Company
15.4 Biogreen
15.5 Divya International
15.6 Setra
15.7 Preem
15.8 TechnipFMC
15.9 Enekem
15.10 Ensyn Corporation
