Fairfield Market Research
Tyre Derived Fuel (TDF) Market

Tyre Derived Fuel (TDF) Market

Global Industry Analysis (2017 - 2020) - Growth Trends and Market Forecast (2021 - 2025)

Published Date: Jan 2021 | Format: | No. of Pages: 158

Industry: Energy & Natural Resources | Author Name: Hrishikesh

Global Tyre Derived Fuel (TDF) Market: Outlook

Around one billion scrap tyres are generated and additional four billion are stockpiled across the world every year. Tyre-derived fuel (TDF) is fuel derived from all kinds of scrap tyres. Tyre derived fuel is less expensive than fossil fuels and coal. Use of Tyre-derived fuel reduces the amount of fossil fuels that would otherwise be consumed. It also decreases emissions. Scrap tyres is usually mixed with coal or other fuels, such as wood or chemical wastes, to be burned in concrete kilns, power plants, or paper mills.

Fairfield

According to the U.S. Environmental Protection Agency (EPA), when burned, tyres generate the same amount of energy as oil; 25%-50% higher energy than coal, and 100%-200% higher energy than wood. Moreover, the EPA and state-testing facilities have shown that TDF produces less emissions compared to other conventional fuels. The global tyre derived fuel (TDF) market was worth US$365.1 Mn in 2019 and will reach a valuation of US$430.3 Mn by 2025, registering a CAGR of 3.3% between 2020 and 2025.

Scrap Tyre Management through Alternative Solid Fuels to Boost Demand

The demand for tyre derived fuel (TDF) facilities is driven by government support, efficient waste management, and energy security through the use of alternate fuel. Several governments across the globe are using the concept of ‘Reduce, Reuse, and Recover’ (3R) for scrap tyre management due to various advantages. Moreover, with fossil fuel price volatility, the demand for cheap alternatives is expected to give the global tyre derived fuel market an excellent window to stir things up.

COVID-19 pandemic has impacted several industries along with cement manufacturing, pulp & paper, and electrical utilities. Majority of tyre derived fuel in whole form or shredded tyres is utilized in the cement industry as a supplemental alternative fuel. Temporary shut-down of cement, pulp & paper plants, etc. during lockdown imposed on several nations, severely impacted the tyre derived fuel market the first quarter of 2020. However, post unlock in several nations, the tyre derived fuel market is picking up and is expected to recover at a fair pace.

Growing concerns regarding management of scrap tyres generated each year has paved ways for development of facilities in the global tyre derived fuel market. Also, diversion of tyres from landfills reserves capacity for other municipal waste and helps prevent scrap tyre piles. Scrap tyre piles pose risks, as they can catch fire, releasing large amounts of toxic smoke and hazardous liquids that can contaminate air, water, and soil. Thus, the global tyre derived fuel market is expected to present the world with dual solutions.

Cement Industry to Dominate Consumption in Tyre Derived Fuel (TDF) Market

Industrial facilities across the world including cement kilns, pulp and paper mills, and electric utilities use TDF as a supplemental fuel to increase boiler efficiency; decrease air emissions; and lower costs. Cement manufacturing is a major end-user segment of the global tyre derived fuel (TDF) market. In 2020, the cement industry constituted 52.7% share of global tyre derived fuel (TDF) market. In terms of revenue, the cement manufacturing segment is anticipated to expand at a significant CAGR during the forecast period.

Fuel prices are continuously rising and there is no sign of relief in the near future. Fossil fuel still constitute major share of overall cement manufacturing costs. The cement industry depends heavily on coal, coke, and oil to fire the kiln and it can consume as much as 300,000 tons of coal per facility per year.

Currently, cement-manufacturing companies use tyre-derived fuel (TDF) to supplement their primary fuel for firing cement kilns. The heating value of an average-sized passenger tyre is approximately 13,000 to 15,000 British Thermal Units (BTUs) per pound, which is the same as that of coal. Analysts anticipate that global tyre derived fuel market will have an incredible impact on savings related to fuel costs.

Asia Pacific to Witness Staggering Growth Opportunities in Tyre Derived Fuel (TDF) Market

Demand for shredded tyres is increasing in the U.S. due to the presence of many cement plants. More than 49 million scrap tyres were used in cement plants in 2017. According to the World Business Council for Sustainable Development, every year the U.S. and the EU dump 14% and 16% of their scrap tyres into landfills respectively, whereas more than 50% of Tyres go to landfills in Saudi Arabia, Russia, Ukraine, and Argentina. Additionally, growing popularity of electric vehicles in North America and Europe provides a boost to vehicle sales. This is likely to result in increase in the flow of scrap tyres in the next few years which is expected drive the demand for TDF facilities in North America and Europe.

Asia Pacific constituted 33% share of the global tyre derived fuel (TDF) market in 2020. In Asia Pacific, end-of-life tyres are routinely disposed of in landfills or by using other methods such as burning, which have a harsh impact on the environment. This low recovery rate in developing countries of Asia may hamper the tyre derived fuel market in the region during the forecast period. Automotive Tyre Manufacturers’ Association (ATMA) together with TESS (Technology, Environment, Safety and Standards) are working with India’s government to develop the waste Tyre legislation.

Global Tyre Derived Fuel (TDF) Market: Competitive Landscape 

Key players in the global tyre derived fuel (TDF) market are Liberty Tyre Recycling, ResourceCo Pty Ltd., Ragn-Sells Group, Tyre Disposal & Recycling, Reliable Tyre Disposal, Renelux Cyprus Ltd, L & S Tyre Company, Probio Energy International, Front Range Tyre Recycle, Inc., ETR Group, Emanuel Tyre, LLC, Scandinavian Enviro Systems AB, etc.

Liberty Tire Recycling collects and recycles over 140 million tyres annually at 26 facilities throughout the U.S. In April 2020, Liberty Tire Recycling acquired Lakin Tire. Post-acquisition, the company now collects over 180 million tyres per year and recycle approximately 2.6 billion pounds of rubber into innovative, sustainable products.

The Global Tyre Derived Fuel (TDF) Market is Segmented as Below:

By Scrap Tyre Type Coverage

  • Chipped/Shredded Tyre
  • Whole Tyre

By End-user Coverage

  • Cement Plant
  • Pulp & Paper Plant
  • Utility Boiler
  • Industrial Boiler, STE Plant, and Lime Kilns

By Geographical Coverage

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • Sweden
    • Denmark
    • Norway
    • Rest of Europe
  • Asia Pacific
    • Japan
    • India
    • Indonesia
    • South Korea
    • Rest of Asia Pacific
  • Rest of the World
    • Brazil
    • Mexico
    • Others

Leading Companies

  • Liberty Tyre Recycling
  • ResourceCo Pty Ltd.
  • Ragn-Sells Group
  • L & S Tyre Company
  • Reliable Tyre Disposal
  • Emanuel Tyre, LLC
  • Scandinavian Enviro Systems AB
  • Renelux Group
  • Tyre Disposal & Recycling
  • FRONT RANGE TIRE RECYCLING

Inside This Report You Will Find:

1. Executive Summary
2. Market Overview
3. Price Trends Analysis and Future Projects, 2017 - 2025
4. Global Tyre Derived Fuel (TDF) Market Outlook, 2017 - 2025
5. North America Tyre Derived Fuel (TDF) Market Outlook, 2017 - 2025
6. Europe Tyre Derived Fuel (TDF) Market Outlook, 2017 - 2025
7. Asia Pacific Tyre Derived Fuel (TDF) Market Outlook, 2017 - 2025
8. Rest of the World (RoW) Tyre Derived Fuel (TDF) Market Outlook, 2017 - 2025
9. Competitive Landscape
10. Appendix

Post Sale Support, Research Updates & Offerings:

We value the trust shown by our customers in Fairfield Market Research. We support our clients through our post sale support, research updates and offerings.

  • The report will be prepared in a PPT format and will be delivered in a PDF format.
  • Additionally, Market Estimation and Forecast numbers will be shared in Excel Workbook.
  • If a report being sold was published over a year ago, we will offer a complimentary copy of the updated research report along with Market Estimation and Forecast numbers within 2-3 weeks’ time of the sale.
  • If we update this research study within the next 2 quarters, post purchase of the report, we will offer a Complimentary copy of the updated Market Estimation and Forecast numbers in Excel Workbook.
  • If there is a geopolitical conflict, pandemic, recession, and the like which can impact global economic scenario and business activity, which might entirely alter the market dynamics or future projections in the industry, we will create a Research Update upon your request at a nominal charge.

1. Executive Summary
     1.1. Global Tyre Derived Fuel (TDF) Market Snapshot
     1.2. Future Projections
     1.3. Key Market Trends
     1.4. Analyst Recommendations

2. Market Overview
     2.1. Market Definitions and Segmentations
     2.2. Market Dynamics
           2.2.1. Drivers
           2.2.2. Restraints
           2.2.3. Market Opportunities
     2.3. Value Chain Analysis
     2.4. Porter’s Five Forces Analysis
     2.5. Covid-19 Impact and Recovery Analysis (U, V, W, and L Shaped Recover Scenario)
           2.5.1. Supply Chain
           2.5.2. Raw Materials Impact Analysis
     2.6. Economic Overview
           2.6.1. Microeconomic Trends
           2.6.2. Macroeconomic Trends 

3. Price Trends Analysis and Future Projects, 2017 - 2025
     3.1. Key Highlights
     3.2. by Type/by End-user
     3.3. By Region

4. Global Tyre Derived Fuel (TDF) Market Outlook, 2017 - 2025
     4.1. Global Tyre Derived Fuel (TDF) Market Outlook, by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
           4.1.1. Key Highlights
                4.1.1.1. Chipped/Shredded Tyre
                4.1.1.2. Whole Tyre
           4.1.2. BPS Analysis/Market Attractiveness Analysis
     4.2. Global Tyre Derived Fuel (TDF) Market Outlook, by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
           4.2.1. Key Highlights
                4.2.1.1. Cement Plant
                4.2.1.2. Pulp & Paper Plant
                4.2.1.3. Utility Boiler
                4.2.1.4. Industrial Boiler, STF Plant, and Lime Kilns
     4.3. Global Tyre Derived Fuel (TDF) Market Outlook, by Region, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
           4.3.1. Key Highlights
                4.3.1.1. North America
                4.3.1.2. Europe
                4.3.1.3. Asia Pacific
                4.3.1.4. Rest of the World (RoW)
           4.3.2. BPS Analysis/Market Attractiveness Analysis

5. North America Tyre Derived Fuel (TDF) Market Outlook, 2017 - 2025
     5.1. North America Tyre Derived Fuel (TDF) Market Outlook, by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
           5.1.1. Key Highlights
                5.1.1.1. Chipped/Shredded Tyre
                5.1.1.2. Whole Tyre
     5.2. North America Tyre Derived Fuel (TDF) Market Outlook, by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
           5.2.1. Key Highlights
                5.2.1.1. Cement Plant
                5.2.1.2. Pulp & Paper Plant
                5.2.1.3. Utility Boiler
                5.2.1.4. Industrial Boiler, STF Plant, and Lime Kilns
     5.3. North America Tyre Derived Fuel (TDF) Market Outlook, by Country, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
           5.3.1. Key Highlights
                5.3.1.1. U.S. Tyre Derived Fuel (TDF) Market by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                5.3.1.2. U.S. Tyre Derived Fuel (TDF) Market by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                5.3.1.3. Canada Tyre Derived Fuel (TDF) Market by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                5.3.1.4. Canada Tyre Derived Fuel (TDF) Market by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025

6. Europe Tyre Derived Fuel (TDF) Market Outlook, 2017 - 2025
     6.1. Europe Tyre Derived Fuel (TDF) Market Outlook, by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
           6.1.1. Key Highlights
                6.1.1.1. Chipped/Shredded Tyre
                6.1.1.2. Whole Tyre
     6.2. Europe Tyre Derived Fuel (TDF) Market Outlook, by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
           6.2.1. Key Highlights
                6.2.1.1. Cement Plant
                6.2.1.2. Pulp & Paper Plant
                6.2.1.3. Utility Boiler
                6.2.1.4. Industrial Boiler, STF Plant, and Lime Kilns
     6.3. Europe Tyre Derived Fuel (TDF) Market Outlook, by Country, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
           6.3.1. Key Highlights
                6.3.1.1. U.K. Tyre Derived Fuel (TDF) Market by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                6.3.1.2. U.K. Tyre Derived Fuel (TDF) Market by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                6.3.1.3. Germany Tyre Derived Fuel (TDF) Market by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                6.3.1.4. Germany Tyre Derived Fuel (TDF) Market by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                6.3.1.5. Sweden Tyre Derived Fuel (TDF) Market by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                6.3.1.6. Sweden Tyre Derived Fuel (TDF) Market by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                6.3.1.7. Denmark Tyre Derived Fuel (TDF) Market by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                6.3.1.8. Denmark Tyre Derived Fuel (TDF) Market by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                6.3.1.9. Norway Tyre Derived Fuel (TDF) Market by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                6.3.1.10. Norway Tyre Derived Fuel (TDF) Market by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                6.3.1.21. Rest of Europe Tyre Derived Fuel (TDF) Market by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                6.3.1.22. Rest of Europe Tyre Derived Fuel (TDF) Market by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025

7. Asia Pacific Tyre Derived Fuel (TDF) Market Outlook, 2017 - 2025
     7.1. Asia Pacific Tyre Derived Fuel (TDF) Market Outlook, by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
           7.1.1. Key Highlights
                7.1.1.1. Chipped/Shredded Tyre
                7.1.1.1. Whole Tyre
           7.1.2. BPS Analysis/Market Attractiveness Analysis
     7.2. Asia Pacific Tyre Derived Fuel (TDF) Market Outlook, by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
           7.2.1. Key Highlights
                7.2.1.1. Cement Plant
                7.2.1.2. Pulp & Paper Plant
                7.2.1.3. Utility Boiler
                7.2.1.4. Industrial Boiler, STF Plant, and Lime Kilns
     7.3. Asia Pacific Tyre Derived Fuel (TDF) Market Outlook, by Country, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
           7.3.1. Key Highlights
                7.3.1.1. Japan Tyre Derived Fuel (TDF) Market by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                7.3.1.2. Japan Tyre Derived Fuel (TDF) Market by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                7.3.1.3. India Tyre Derived Fuel (TDF) Market by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                7.3.1.4. India Tyre Derived Fuel (TDF) Market by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025South Korea
                7.3.1.5. Indonesia Tyre Derived Fuel (TDF) Market by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                7.3.1.6. Indonesia Tyre Derived Fuel (TDF) Market by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                7.3.1.7. South Korea Tyre Derived Fuel (TDF) Market by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                7.3.1.8. South Korea Tyre Derived Fuel (TDF) Market by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                7.3.1.13. Rest of Asia Pacific Tyre Derived Fuel (TDF) Market by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                7.3.1.14. Rest of Asia Pacific Tyre Derived Fuel (TDF) Market by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025

8. Rest of the World (RoW) Tyre Derived Fuel (TDF) Market Outlook, 2017 - 2025
     8.1. Rest of the World (RoW) Tyre Derived Fuel (TDF) Market Outlook, by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
           8.1.1. Key Highlights
                8.1.1.1. Chipped/Shredded Tyre
                8.1.1.2. Whole Tyre
     8.2. Rest of the World (RoW) Tyre Derived Fuel (TDF) Market Outlook, by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
           8.2.1. Key Highlights
                8.2.1.1. Cement Plant
                8.2.1.2. Pulp & Paper Plant
                8.2.1.3. Utility Boiler
                8.2.1.4. Industrial Boiler, STF Plant, and Lime Kilns
     8.3. Rest of the World (RoW) Tyre Derived Fuel (TDF) Market Outlook, by Country, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
           8.3.1. Key Highlights
                8.3.1.1. Brazil Tyre Derived Fuel (TDF) Market by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                8.3.1.2. Brazil Tyre Derived Fuel (TDF) Market by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                8.3.1.3. Mexico Tyre Derived Fuel (TDF) Market by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                8.3.1.4. Mexico Tyre Derived Fuel (TDF) Market by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                8.3.1.5. Others Tyre Derived Fuel (TDF) Market by Type, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025
                8.3.1.6. Others Tyre Derived Fuel (TDF) Market by End-user, Volume (Thousand Metric Tons) and Value (US$ Mn), 2017 - 2025

9. Competitive Landscape
     9.1. Company Market Share Analysis, 2019
     9.2. Type/End-user Heatmap
     9.3. Strategic Collaborations
     9.4. Company Profiles
           9.4.1. Liberty Tyre Recycling 
                9.4.1.1. Company Overview
                9.4.1.2. Product Portfolio
                9.4.1.3. Financial Overview 
                9.4.1.4. Business Strategies and Development
           9.4.2. ResourceCo Pty Ltd.
                9.4.2.1. Company Overview
                9.4.2.2. Product Portfolio
                9.4.2.3. Financial Overview 
                9.4.2.4. Business Strategies and Development
           9.4.3. Ragn-Sells Group
                9.4.3.1. Company Overview
                9.4.3.2. Product Portfolio
                9.4.3.3. Financial Overview 
                9.4.3.4. Business Strategies and Development
           9.4.4. L & S Tyre Company
                9.4.4.1. Company Overview
                9.4.4.2. Product Portfolio
                9.4.4.3. Financial Overview 
                9.4.4.4. Business Strategies and Development
           9.4.5. Reliable Tyre Disposal
                9.4.5.1. Company Overview
                9.4.5.2. Product Portfolio
                9.4.5.3. Financial Overview 
                9.4.5.4. Business Strategies and Development
           9.4.6. Emanuel Tyre, LLC
                9.4.6.1. Company Overview
                9.4.6.2. Product Portfolio
                9.4.6.3. Financial Overview 
                9.4.6.4. Business Strategies and Development
           9.4.7. Scandinavian Enviro Systems AB
                9.4.7.1. Company Overview
                9.4.7.2. Product Portfolio
                9.4.7.3. Financial Overview 
                9.4.7.4. Business Strategies and Development
           9.4.8.  Renelux Group
                9.4.8.1. Company Overview
                9.4.8.2. Product Portfolio
                9.4.8.3. Financial Overview 
                9.4.8.4. Business Strategies and Development
           9.4.9. Tyre Disposal & Recycling
                9.4.9.1. Company Overview
                9.4.9.2. Product Portfolio
                9.4.9.3. Financial Overview 
                9.4.9.4. Business Strategies and Development
           9.4.10. FRONT RANGE TIRE RECYCLING
                9.4.10.1. Company Overview
                9.4.10.2. Product Portfolio
                9.4.10.3. Financial Overview 
                9.4.10.4. Business Strategies and Development
           9.4.11. List of Other Key Players 

10. Appendix
     10.1. Research Methodology
     10.2. Report Assumptions
     10.3. Acronyms and Abbreviations

BASE YEAR

HISTORICAL DATA

FORECAST PERIOD

UNITS

2019

 

2017 - 2019

2020 - 2025 

Value: US$ Million

Volume: Thousand Metric Tons

 

REPORT FEATURES

DETAILS

Scrap Tyre Type Coverage

  • Chipped/Shredded Tyre
  • Whole Tyre

End-user Coverage

  • Cement Plant
  • Pulp & Paper Plant
  • Utility Boiler
  • Industrial Boiler, STE Plant, and Lime Kilns

Geographical Coverage

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Sweden
    • Denmark
    • Norway
    • Rest of Europe
  • Asia Pacific
    • Japan
    • India
    • Indonesia
    • South Korea
    • Rest of Asia Pacific
  • Rest of the World
    • Brazil
    • Mexico
    • Others

Leading Companies

  • Liberty Tyre Recycling
  • ResourceCo Pty Ltd.
  • Ragn-Sells Group
  • L & S Tyre Company
  • Reliable Tyre Disposal
  • Emanuel Tyre, LLC
  • Scandinavian Enviro Systems AB
  • Renelux Group
  • Tyre Disposal & Recycling
  • FRONT RANGE TIRE RECYCLING

Report Highlights

Key Market Indicators, Macro-micro economic impact analysis, Technological Roadmap, Key Trends, Driver, Restraints, and Future Opportunities & Revenue Pockets, Porter’s 5 Forces Analysis, Historical Trend (2017-2019), Price Trend Analysis- 2019-2025, Market Estimates and Forecast, Market Dynamics, Industry Trends, Competition Landscape, Category, Region, Country-wise Trends & Analysis, COVID-19 Impact Analysis (Demand and Supply Chain)

FAQs : Tyre Derived Fuel (TDF) Market

Year-on-year increase in scrap tyre generation, higher calorific value of tyres followed by lower NOx and CO2 emissions, and energy security through alternate fuel recovery is expected to remain the key driving factors for the global tyre derived fuel market. Collection rate of scrap tyres plays a key role in determining the management techniques of scrap tyres.

There are large number of suppliers (whole/chipped tyres) available in the market. The top 5 players namely Ragn-Sells Group, Liberty Tyre Recycling, ResourceCo Pty Ltd., FRONT RANGE TIRE RECYCLING, and L & S Tyre company cumulatively accounted for more than 30% share of the market in 2020.

Asia Pacific (33% share) dominated the market followed by Europe in 2020. Asia Pacific retains its dominance up to 2025, owing to high volume of scrap tyre generation each year. U.S., Japan, India, are the high potential market for TDF. China leads in terms of generation of scrap tyres each year, however, majority of scrap tyres are recycled to derive by-products.

Cement industry holds the lion’s share (52.7%) of the global TDF market. More than 50% of scrap tyres generated each year is utilized as TDF in/ by cement industries across the globe. Currently, cement-manufacturing companies use tyre derived fuel (TDF) to supplement their primary fuel for firing cement kilns.

The COVID-19 pandemic along with scrap tyre recycling market, impacted the entire value chain of end-of-life tyres (ELTs). Sudden halt in waste collection, segregation has affected the continuous supply of TDF to the end-users. Delays in procurement/supply of TDF in cement and other industries impacted the overall demand for TDF in 2020.

Our Research Methodology

Under uncertainty, traditional approaches to strategic planning can be downright dangerous. True ambiguity is no basis to forecast the future – degree of risk, the magnitude of circumstances, conditions and consequences are not known or unpredictable. To avoid dangerous binary views of uncertainty; strategic posture, moves and actions through market research is the best bet.

Read more
Fairfield Quality assured
Fairfield Confidentiality assured
Fairfield Custom research services