Waste-derived Pyrolysis Oil Market

2019 Analysis and Review of Waste-derived Pyrolysis Oil Market by Fuel Type - Refined and Unrefined for 2019 - 2029

  • 2020-02-12
  • REP-GB-11058
  • 52 Tables
  • 206 Figures
  • 380 pages
  • Format: PDF/PPT/Excel

  • US$5,000
  • US$7,500
  • US$10,000

Waste-derived Pyrolysis Oil Market Revenue to Surge 1.6x by 2029

Variation in climate patterns has been a long-standing concern, and is aggravating existing vulnerabilities across different industries. Moreover, this is resetting the bar for how businesses will operate and engage with their suppliers and customers. In order to adjust to the new risks created by climate changes, market incumbents are walking an extra mile to offset carbon emissions and ratchet up energy efficiency. Offering multiple operational benefits along with technological paybacks, waste-derived pyrolysis oil (WDPO) is gaining a good reputation, despite being in its early stage. The global waste-derived pyrolysis oil market will grow at a CAGR of 4.5% during 2019-2029, witnessing 1.6x value expansion.

Frequently Asked Questions about Waste-derived Pyrolysis Oil Market

How will waste-derived pyrolysis oil be relevant in the future?

Major dependence on non-renewable energy resources has resulted in their depletion over the due course of time. Hence, more emphasis on alternative energy and renewable energy sources is being exerted by global organizations. Waste-derived pyrolysis oil offers dual benefits - alternative energy source and waste management. The market holds immense potential; however, it is in its nascent stage.

Will the waste-derived pyrolysis oil market witness new entrants?

Definitely. The waste-derived pyrolysis oil market is anticipated to witness more tier II & tier III entrants. Cost-effective manufacturing set-up, and abundance of waste sources such as plastic, tyres, and biomass, are expected to be major factors aiding the entry of new players.

Which end-use area holds potential growth opportunities for waste-derived pyrolysis oil market players?

While the heat & power segment continues to influence growth strategies, new end uses in the field of automotive fuel as well as bio refineries are anticipated to deliver multiple growth opportunities over the coming years.

What is the degree of competition in the waste-derived pyrolysis oil market?

The market portrays a competitive nature with the presence of a large number of regional and local players. However, no market player has established real dominance across the global market, even though the process is being practiced since a few decades.

Which region is expected to lead the global sales of waste-derived pyrolysis oil?

Europe and North America are projected to lead the market with the emergence of countries such as the Netherlands, Canada, and Finland. However, East Asia and South Asia are anticipated to witness an increment of small-scale manufacturers and seasonal units of pyrolysis plants over the coming years.

Biomass Remains the Preferred Manufacturing Source

As various end-use industries are toiling hard to achieve carbon-neutrality, with the oil & gas sector at forefront, biomass would remain the preferred source for generating waste-derived pyrolysis oil. Incorporating a high amount of hydrocarbon, biomass continues to capture prominent share in total market stack. Plastic-derived pyrolysis oil, on the flip side, will see gradual stagnancy in its consumption, due to high costs as well as limited reusability of catalysts. Moreover, players in the waste-derived pyrolysis oil market are viewing rubber as an oil source to stay relevant in the competitive landscape.

Markets in East Asia and Europe Stays in Vanguard

East Asia and Europe would remain the epicenter of growth opportunities for waste-derived pyrolysis oil manufacturers, accounting for nearly one-third of market revenue, respectively. Strong presence of leading and emerging manufactures in these regions is offering the opportunity to establish a flexible system of collaboration. Furthermore, governments are making their move towards a zero-emission future, especially in China and the Netherlands. As such, WDPO manufactures continue to seek opportunities to better serve customers and make progress.

Manufacturers to Tap White Spaces in Aviation Industry

Waste-derived pyrolysis oil is making its foray in the aviation sector as aviation biofuel for generators and motors for aviation and industrial machinery. The aviation industry requires jet engine fuel as well as aviation kerosene, which contribute to environmental deterioration. Consequently, industrial executives are looking for better alternatives to replace these polluting fuels that help them achieve cost- and energy-efficiency. This preferential shift towards cleaner fuels is likely to offer a new horizon of growth and profitability for manufacturers of waste-derived pyrolysis oil.

Refined fuel remains in-demand

Unrefined fuel to see moderate consumption

Fast pyrolysis stays at the top

Increasing preference for flash pyrolysis

Biomass remains the preferred source

Rubber to pick pace

High adoption in heat & power

Usage in automotive fuel on gradual rise

How Growth will Unfold

By procuring over half of overall market stack, refined grade continues to shape the revenue of the waste-derived pyrolysis oil market. Also referred to as heavy pyrolysis oil (HPO), stakeholders are likely to scale up their investments in this refined form of pyrolysis oil. Under the fuel category, diesel and petrol/ pyrolysis gasoline (Pygas) would witness sustainable increase in demand, while the market share of fuel oil would gradually take a dip in the coming years.

Waste-Derived Pyrolysis Oil Market by Fuel Type

* This data is only a representation. Actual data may vary and will be available in report.

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Waste-derived Pyrolysis Oil Market Analysis 2019-2029

A recent market study published by FMI on the waste-derived pyrolysis oil market includes global industry analysis 2014-2018 and opportunity assessment 2019-2029, and delivers a comprehensive assessment of the market dynamics. After thorough research on the historical as well as current growth parameters of the waste-derived pyrolysis oil market, the growth prospects of the market are obtained with maximum precision.

Waste-derived Pyrolysis Oil Market Taxonomy

Fuel Type

  • Unrefined
  • Refined
    • Diesel
    • Petrol/Gasoline
    • Fuel Oil
    • Others

Pyrolysis Process

  • Fast
  • Flash
  • Others


  • Plastic
    • LDPE
    • HDPE
    • Polystyrene
    • Others
  • Rubber
  • Biomass

End Use

  • Heat & Power
    • Boilers
    • Gas Turbines
    • Diesel Engines
  • Automotive Fuel
  • Bio Refineries
  • Food Flavouring


  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

What's Included

Executive summary of waste-derived pyrolysis oil market with a side focus on the supply side as well as demand side trends of the market.

The market overviews includes the market definition and taxonomy to give the reader a market description of waste-derived pyrolysis oil.

Factors and strategies adopted by key market participants, which have a significant impact on the waste-derived pyrolysis oil market.

Market volume projection in terms of consumption over the forecast period of 2019-2029.

This section helps the reader analyze pricing trends according to necessary assumptions.

This section helps the reader understand the global market value analysis and forecast for the waste derived pyrolysis oil market.

Key macroeconomic factors, value chain, market participants, and consumptions & production are the highlights of this chapter.

Based on fuel type, the waste-derived pyrolysis oil market is segmented into refined (diesel, petrol/gasoline, fuel oil and others) and unrefined.

Based on pyrolysis process, the waste-derived pyrolysis oil market is segmented into fast, flash, and others (microwave, hydrolysis, etc.).

Waste-derived pyrolysis oil market segmented on basis of source into plastic (LDPE, HDPE, polystyrene and others (PVC, ABS, etc.)), rubber, and biomass.

Waste-derived pyrolysis oil market segmented on basis of end use such as heat & power (boilers, gas turbines and diesel engines), automotive fuel, bio refineries, and food flavouring.

This chapter explains how the waste-derived pyrolysis oil market will grow across various geographic regions.

Deep dived analysis on the basis of segments to the country level of the U.S and Canada.

Deep dived analysis on the basis of segments to the country level of Brazil, Mexico, and Rest of Latin America.

Important growth prospects of the waste-derived pyrolysis oil market based on its end users in several countries such as Germany, Italy, France, Spain, the U.K., Russia, Benelux, and the rest of Europe are included in this chapter.

This chapter highlights the growth of the waste-derived pyrolysis oil market in South Asia by focusing on India, ASEAN, and the rest of South Asia.

Market analysis in Japan, China, and South Korea countries as these are the prominent countries in the East Asia region.

It includes analysis of waste-derived pyrolysis oil market in countries such as Australia and New Zealand regions during the forecast period.

This chapter highlights the growth of the waste-derived pyrolysis oil market in MEA by focusing on South Africa, Turkey, GCC Countries, and the rest of MEA.

This chapter highlights the emerging countries in the waste-derived pyrolysis oil market, which show a substantial growth rate in the market.

Some of the market players featured in the report are Enerkem, Ensyn, Agilyx, Inc., and Twence B.V. among others.

This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the waste-derived pyrolysis oil market report.

This chapter helps readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the waste-derived pyrolysis oil market.

How the research was conducted?

Primary Research

  • C - Level Executives
  • Marketing Directors
  • Product Managers 
  • Business Development Officers 
  • Production Managers
  • Procurement Heads
  • Sales Executives
  • Distributors
  • Traders 
  • Raw Material Suppliers
  • Industry Experts
  • End Users
  • Current market dynamics and challenges
  • Yesteryear trends 
  • Market characteristics
  • Market performance and growth quadrants
  • Competition structure and market structure
  • Strategic growth initiatives
  • Near-term and long-term market growth prospects
  • Market segment splits and authenticity
  • Opinions on market projections and validity of assumptions

Secondary Research

  • Industry Publications
    • World of Chemicals
    • Chemical Weekly
    • Chemical Engineering World, etc.
  • Industry Associations
    • The European Chemical Industry Council
    • The American Chemical Society
    • China Chemical Society
    • Indian Chemical Council
  • Factiva
  • Company Press Releases
  • Annual Reports and Investor Presentations
  • Research Papers
  • Government Websites and Publications
  • Trade Websites

Primary Interview Splits

Primary Interview Splits waste derived pyrolysis oil market designation

Primary Interview Splits waste derived pyrolysis oil market stakeholder

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