Global Pyrolysis Oil
Market Report
2025
As per Cognitive Market Research's latest published report, the Global Pyrolysis Oil market size was USD 321.81 Million in 2022 and it is forecasted to reach USD 443.96 Million by 2030. Pyrolysis Oil Industry's Compound Annual Growth Rate will be 4.17 % from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Pyrolysis Oil market size was USD 321.81 Million in 2022 and it is forecasted to reach USD 443.96 Million by 2030. Pyrolysis Oil Industry's Compound Annual Growth Rate will be 4.17 % from 2023 to 2030.
2021 | 2025 | 2033 | CAGR | |
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Global Pyrolysis Oil Market Sales Revenue | $ 361.891 Million | $ 449 Million | $ 691.167 Million | 5.54% |
North America Pyrolysis Oil Market Sales Revenue | $ 145.842 Million | $ 176.906 Million | $ 260.57 Million | 4.96% |
United States Pyrolysis Oil Market Sales Revenue | $ 101.506 Million | $ 121.358 Million | $ 173.279 Million | 4.553% |
Canada Pyrolysis Oil Market Sales Revenue | $ 33.398 Million | $ 41.396 Million | $ 63.319 Million | 5.456% |
Mexico Pyrolysis Oil Market Sales Revenue | $ 10.938 Million | $ 14.152 Million | $ 23.972 Million | 6.81% |
Europe Pyrolysis Oil Market Sales Revenue | $ 100.244 Million | $ 122.577 Million | $ 183.85 Million | 5.198% |
United Kingdom Pyrolysis Oil Market Sales Revenue | $ 19.949 Million | $ 25.373 Million | $ 40.999 Million | 6.181% |
Germany Pyrolysis Oil Market Sales Revenue | $ 18.746 Million | $ 23.412 Million | $ 36.586 Million | 5.739% |
France Pyrolysis Oil Market Sales Revenue | $ 12.53 Million | $ 15.445 Million | $ 23.533 Million | 5.405% |
Italy Pyrolysis Oil Market Sales Revenue | $ 7.518 Million | $ 8.826 Million | $ 11.766 Million | 3.66% |
Russia Pyrolysis Oil Market Sales Revenue | $ 5.714 Million | $ 6.742 Million | $ 9.56 Million | 4.463% |
Spain Pyrolysis Oil Market Sales Revenue | $ 9.523 Million | $ 10.909 Million | $ 14.524 Million | 3.642% |
Sweden Pyrolysis Oil Market Sales Revenue | $ 4.711 Million | $ 5.393 Million | $ 7.538 Million | 4.273% |
Denmark Pyrolysis Oil Market Sales Revenue | $ 5.213 Million | $ 6.129 Million | $ 8.457 Million | 4.107% |
Switzerland Pyrolysis Oil Market Sales Revenue | $ 3.509 Million | $ 4.045 Million | $ 5.516 Million | 3.952% |
Luxembourg Pyrolysis Oil Market Sales Revenue | $ 1.504 Million | $ 1.716 Million | $ 2.206 Million | 3.19% |
Rest of Europe Pyrolysis Oil Market Sales Revenue | $ 11.328 Million | $ 14.587 Million | $ 23.165 Million | 5.952% |
Asia Pacific Pyrolysis Oil Market Sales Revenue | $ 69.845 Million | $ 91.147 Million | $ 154.13 Million | 6.787% |
China Pyrolysis Oil Market Sales Revenue | $ 26.401 Million | $ 35.638 Million | $ 63.502 Million | 7.488% |
Japan Pyrolysis Oil Market Sales Revenue | $ 14.528 Million | $ 17.774 Million | $ 26.51 Million | 5.125% |
India Pyrolysis Oil Market Sales Revenue | $ 7.473 Million | $ 10.391 Million | $ 20.037 Million | 8.555% |
South Korea Pyrolysis Oil Market Sales Revenue | $ 8.591 Million | $ 11.12 Million | $ 18.496 Million | 6.567% |
Australia Pyrolysis Oil Market Sales Revenue | $ 3.841 Million | $ 4.831 Million | $ 7.398 Million | 5.472% |
Singapore Pyrolysis Oil Market Sales Revenue | $ 2.095 Million | $ 2.552 Million | $ 3.545 Million | 4.193% |
South East Asia Pyrolysis Oil Market Sales Revenue | $ 3.353 Million | $ 4.284 Million | $ 6.936 Million | 6.208% |
Taiwan Pyrolysis Oil Market Sales Revenue | $ 2.305 Million | $ 2.826 Million | $ 4.47 Million | 5.9% |
Rest of APAC Pyrolysis Oil Market Sales Revenue | $ 1.257 Million | $ 1.732 Million | $ 3.237 Million | 8.131% |
South America Pyrolysis Oil Market Sales Revenue | $ 19.904 Million | $ 25.144 Million | $ 39.397 Million | 5.774% |
Brazil Pyrolysis Oil Market Sales Revenue | $ 9.116 Million | $ 11.466 Million | $ 17.689 Million | 5.569% |
Argentina Pyrolysis Oil Market Sales Revenue | $ 3.384 Million | $ 4.199 Million | $ 6.343 Million | 5.291% |
Colombia Pyrolysis Oil Market Sales Revenue | $ 1.712 Million | $ 2.288 Million | $ 3.979 Million | 7.161% |
Peru Pyrolysis Oil Market Sales Revenue | $ 1.154 Million | $ 1.534 Million | $ 2.6 Million | 6.821% |
Chile Pyrolysis Oil Market Sales Revenue | $ 2.249 Million | $ 2.866 Million | $ 4.609 Million | 6.118% |
Rest of South America Pyrolysis Oil Market Sales Revenue | $ 2.289 Million | $ 2.791 Million | $ 4.176 Million | 5.166% |
Middle East Pyrolysis Oil Market Sales Revenue | $ 14.838 Million | $ 18.858 Million | $ 30.411 Million | 6.156% |
Saudi Arabia Pyrolysis Oil Market Sales Revenue | $ 5.549 Million | $ 7.26 Million | $ 12.317 Million | 6.83% |
Turkey Pyrolysis Oil Market Sales Revenue | $ 3.116 Million | $ 3.922 Million | $ 6.204 Million | 5.898% |
UAE Pyrolysis Oil Market Sales Revenue | $ 2.478 Million | $ 3.168 Million | $ 5.14 Million | 6.234% |
Egypt Pyrolysis Oil Market Sales Revenue | $ 1.647 Million | $ 2.056 Million | $ 3.224 Million | 5.786% |
Qatar Pyrolysis Oil Market Sales Revenue | $ 0.875 Million | $ 1.037 Million | $ 1.46 Million | 4.364% |
Rest of Middle East Pyrolysis Oil Market Sales Revenue | $ 1.172 Million | $ 1.414 Million | $ 2.068 Million | 4.863% |
Africa Pyrolysis Oil Market Sales Revenue | $ 11.219 Million | $ 14.368 Million | $ 22.809 Million | 5.947% |
Nigeria Pyrolysis Oil Market Sales Revenue | $ 3.007 Million | $ 3.922 Million | $ 6.432 Million | 6.377% |
South Africa Pyrolysis Oil Market Sales Revenue | $ 4.241 Million | $ 5.287 Million | $ 7.915 Million | 5.171% |
Rest of Africa Pyrolysis Oil Market Sales Revenue | $ 3.971 Million | $ 5.158 Million | $ 8.462 Million | 6.383% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Feedstock |
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Market Split by End use |
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Market Split by Process |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Pyrolysis Oil industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Pyrolysis Oil Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Pyrolysis oil is referred to as bio-oil and bio-crude oil which is made up of heating dehydrated biomass to the temperature of coarsely 500 °C before cooling. Pyrolysis is the possible path which is converting biomass to higher-value products. This technique is an extensive range of products produced from biomass and contributes to the biorefinery model. In addition, this is a well-established technique for organic material at higher temperatures in the absence of oxygen in oil and other elements.
Increasing demand for rubber and plastic and plastic consumption in the manufacturing industries such as food & beverage is the key factor expected to drive the growth of the pyrolysis oil market. In addition, an increasing number of infrastructure development projects across the globe is expected to boost the growth of the pyrolysis oil market.
The increasing need for environment-friendly fuel in developed or developing nations is projected to the growth opportunities for the pyrolysis oil market in the forecast period.
The increasing harmful effect of the use of pyrolysis oil is anticipated to hamper the growth of the pyrolysis oil market in the forecast period.
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Chemical and materials companies are facing some challenges including stringent rules & regulation, supply chain disruption along with raw material price volatility. Thus, some of the key players are adopting new technologies to enhance their product portfolio. Now days digital technologies play an important role in this sector because it improves efficiency, operations and productivity of the plant. This study helps you to understand the competitor’s revenue generation, key strategies, recent development coupled with its S.W.O.T analysis.
Top Companies Market Share in Pyrolysis Oil Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
North America has the largest revenue share in the pyrolysis oil market. This is due to the growing industrial boilers industry and diesel engines in the region. In addition, increasing the use of pyrolysis oil in government initiatives and deviating innovative products is anticipated to drive the growth of the pyrolysis oil market in the region.
The current report Scope analyzes Pyrolysis Oil Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Pyrolysis Oil Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Pyrolysis Oil Industry growth. Pyrolysis Oil market has been segmented with the help of its Feedstock, End use Process, and others. Pyrolysis Oil market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on feedstock, the plastic segment has the largest revenue share in the pyrolysis oil market. This is attributed to the increasing use of plastic in various feedstock and is an eco-friendly method to translate plastic waste into pyrolysis oil. In addition, this produces liquid, gas, and solid fuels projected to drive the growth of this segment.
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Based on end use, the heat and power segment has the major revenue share in the pyrolysis oil market. This is due to the increasing use of pyrolysis oil in the heat and power segment expected to drive the growth of this segment.
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Based on the process, the slow pyrolysis segment has the largest market share in the pyrolysis oil market. This is attributed to slow pyrolysis is the slow heating of organic material in absence of oxygen likely to drive the growth of this segment.
Research Analyst at Cognitive Market Research
Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.
Ashwini Moharir is a market research professional with over 2 years of hands-on experience in delivering strategic insights and data-driven analysis across the healthcare and food & beverage sectors. She specializes in gathering and interpreting market data to support business decisions, product development, and competitive positioning.
With a foundation in teaching and research & development, Ashwini brings a well-rounded perspective that enhances her approach to market analysis. Her ability to combine academic rigor with practical industry knowledge allows her to uncover deeper insights and provide actionable recommendation.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Pyrolysis Oil Market is witnessing significant growth in the near future.
In 2023, the Plastic segment accounted for noticeable share of global Pyrolysis Oil Market and is projected to experience significant growth in the near future.
The Heat and power segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Ensyn, Agilyx and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Feedstock | Plastic, Rubber, Biomass, Others |
End use | Heat and power, Automotive fuel, Others |
Process | Fast pyrolysis, Flash pyrolysis, Slow Pyrolysis |
List of Competitors | Ensyn, Niutech, Agilyx, New Hope Energy, Green Fuel Nordic Oy, Quantafuel ASA, Alterra Energy, Bioenergy AE Cote-Nord, OMV Aktiengesellschaft, Plastic Advanced Recycling Corp |
This chapter will help you gain GLOBAL Market Analysis of Pyrolysis Oil. Further deep in this chapter, you will be able to review Global Pyrolysis Oil Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Pyrolysis Oil. Further deep in this chapter, you will be able to review North America Pyrolysis Oil Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Pyrolysis Oil. Further deep in this chapter, you will be able to review Europe Pyrolysis Oil Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Pyrolysis Oil. Further deep in this chapter, you will be able to review Asia Pacific Pyrolysis Oil Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Pyrolysis Oil. Further deep in this chapter, you will be able to review South America Pyrolysis Oil Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Pyrolysis Oil. Further deep in this chapter, you will be able to review Middle East Pyrolysis Oil Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Pyrolysis Oil. Further deep in this chapter, you will be able to review Middle East Pyrolysis Oil Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Pyrolysis Oil. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Feedstock Analysis 2019 -2031, will provide market size split by Feedstock. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Feedstock Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End use Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Process Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Pyrolysis Oil market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Plastic have a significant impact on Pyrolysis Oil market? |
What are the key factors affecting the Plastic and Rubber of Pyrolysis Oil Market? |
What is the CAGR/Growth Rate of Heat and power during the forecast period? |
By type, which segment accounted for largest share of the global Pyrolysis Oil Market? |
Which region is expected to dominate the global Pyrolysis Oil Market within the forecast period? |