Pyrolysis Oil Market Growth Probability, Key Vendors and Future Scenario Up To 2031

The rise in the need for environment-friendly fuel serves as a potential opportunity for the expansion of the global pyrolysis oil market.

WILMINGTON, DE, UNITED STATES, July 15, 2025 /EINPresswire.com/ -- The growing demand for sustainable and environment-friendly fuels presents significant growth opportunities for the global pyrolysis oil market. According to a report published by Allied Market Research, the market was valued at $318.5 million in 2021 and is projected to reach $480.9 million by 2031, growing at a CAGR of 4.3% from 2022 to 2031.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/A53512

Market Drivers:

- Rising energy costs and increasing global prices of petroleum products
- Growing demand for plastic and rubber, particularly in manufacturing sectors
- Surge in plastic consumption in industries such as food & beverages
- Infrastructure development projects accelerating worldwide

Opportunities:

- Increased focus on environment-friendly fuel alternatives

Segmental Analysis:-

By Feedstock:

- Plastic segment dominated the market in 2021, accounting for over two-fifths of global revenue.
- Rubber segment is projected to register the highest CAGR of 4.6% from 2022 to 2031.

By Process:

- Slow pyrolysis held the largest share in 2021, contributing to over 50% of the market.
- Fast pyrolysis is forecasted to grow at the fastest CAGR of 4.5% during the forecast period.

By End Use:

- Heat and power was the leading end-use segment in 2021, accounting for nearly 60% of total market share.
- Automotive fuel is expected to witness the highest CAGR of 4.6% through 2031.

By Region:

- North America held the dominant share in 2021, contributing nearly two-fifths of the global market.
- Asia-Pacific is anticipated to record the fastest CAGR of 4.7% during the forecast period.

Key Market Players:

- Bioenergy AE Cote-Nord
- New Hope Energy
- Green Fuel Nordic Oy
- Agilyx
- OMV Aktiengesellschaft
- Plastic Advanced Recycling Corp.
- Quantafuel ASA
- Alterra Energy
- Ensyn
- Niutech

These leading players are focusing on strategies such as product launches, collaborations, joint ventures, and geographical expansion to enhance their market share and competitiveness.

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐚𝐥 𝐃𝐚𝐭𝐚 𝐚𝐧𝐝 𝐆𝐫𝐚𝐩𝐡𝐬, 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬' 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬: https://www.alliedmarketresearch.com/pyrolysis-oil-market/purchase-options

About Us

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Market Research
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