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.
Tire Derived Fuel Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Depleting fossil fuel & rising scrap tire waste globally are anticipated to drive growth of Global Tire Derived Fuel Market.
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Scope of Global Tire Derived Fuel Market Report:
Tire derived fuel (TDF) is the fuel obtained from scrapped tires of all kinds. The tire derived fuel is used in various industrial facilities combustion units as it provides more heat at cheap rate than compare to coal. It can be used as main fuel or as supplement fuel to increase the efficiency and decrease air emission at lower cost. The primary reason to use scrap tire as fuel is to reduce the fuel cost as tires are compact, consistent composition & low moisture which benefits the fuel user and reduces uses of scrap tire for landfills or stockpiles. The heating value of passenger tire is approx 14000 Btu/lb compared to 11000 Btu/lb for coal. The combustion system may accept whole tire or of processed in certain size depending on the requirement of fuel user after scrap tires are processed like shredding, removing dirt, metal & other contaminations.
Key Players for Global Tire Derived Fuel Market Report:
Some of the key players for global tire derived fuel market are Ragn-Sells Group, Liberty Tire, Whole Tire, ResourceCo Pty Ltd., Tire West Inc., Renelux Cyprus Ltd, Emanuel Tire, Globarket Tire, Whole Tire LLC, Tire Disposal & Whole Tire, Inc., West Coast Rubber Whole Tire Inc., L & S Tire Company, ETR Group, Reliable Tire Disposal Recycling LLC, Lakin Tire, and others.
Key Benefits for Global Tire Derived Fuel Market Report:
Global Tire Derived Fuel Market report covers in-depth historical and forecast analysis.
Global Tire Derived Fuel Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
Global Tire Derived Fuel Market report helps to identify opportunities in marketplace.
Global Tire Derived Fuel Market report covers extensive analysis of emerging trends and competitive landscape.
Global Tire Derived Fuel Market Segmentation:
By Type:
Shredded Tires
Whole Tires
By End-User:
Manufacturing
Cement
Utility Boilers
Pulp & Paper Mills
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Related Report:@ https://www.globenewswire.com/news-release/2021/02/02/2167936/0/en/At-21-9-CAGR-Synthetic-Biology-Market-Size-Expected-to-Reach-34-51-Bn-by-2026-Says-Brandessence-Market-Research.html