Global Tire Derived Fuel Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Shredded Tire and Whole Tire.

By End-User;

Pulp & Paper Mills, Cement Manufacturing, Utility Boilers, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn689903987 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Tire Derived Fuel Market (USD Million), 2021 - 2031

In the year 2024, the Global Tire Derived Fuel Market was valued at USD 419.83 million. The size of this market is expected to increase to USD 516.33 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.0%.

The Global Tire Derived Fuel (TDF) Market represents a critical segment within the broader waste-to-energy industry, where discarded tires are utilized as a valuable source of fuel. TDF refers to the processed form of scrap tires that are shredded or chipped into smaller pieces and then used as a substitute for traditional fossil fuels in various industrial applications. This market has gained prominence in recent years due to its potential to address environmental concerns associated with tire disposal while simultaneously providing a sustainable energy solution. As the world grapples with escalating concerns about waste management, resource depletion, and climate change, the demand for alternative fuel sources like TDF continues to grow.

The utilization of TDF offers several environmental and economic benefits, driving its adoption across diverse industries worldwide. By repurposing discarded tires as fuel, the TDF market helps alleviate the burden on landfills, reducing the environmental impact of tire waste accumulation and the associated risks of pollution and habitat degradation. Additionally, TDF serves as a cost-effective and energy-efficient alternative to traditional fossil fuels, offering industries a reliable fuel source that can help lower operational costs and reduce greenhouse gas emissions. As regulatory pressures intensify and sustainability goals become increasingly prioritized, industries are increasingly turning to TDF as a viable solution for meeting their energy needs while adhering to stringent environmental regulations.

The Global Tire Derived Fuel Market is characterized by ongoing technological advancements and innovations aimed at enhancing the efficiency, safety, and sustainability of TDF production and utilization. Manufacturers and suppliers in the TDF market are investing in research and development efforts to improve tire shredding and processing technologies, develop cleaner combustion processes, and explore new applications for TDF across various industries. Additionally, strategic partnerships, collaborations, and investments are facilitating market expansion and driving the development of integrated waste management solutions that leverage TDF as a valuable resource in the transition towards a more circular economy.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By End-User
    3. Market Snapshot, By Region
  4. Global Tire Derived Fuel Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Environmental Concerns
        2. Regulatory Support
        3. Cost Efficiency
        4. Energy Security
        5. Industrial Demand
      2. Restraints
        1. Regulatory Restrictions
        2. Health and Safety Concerns
        3. Availability of Alternatives
        4. Quality and Consistency Issues
      3. Opportunities
        1. Technological Advancements
        2. Expansion into Emerging Markets
        3. Strategic Partnerships
        4. Waste Management Policies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Tire Derived Fuel Market, By Type, 2021 - 2031 (USD Million)
      1. Shredded Tire
      2. Whole Tire
    2. Global Tire Derived Fuel Market, By End-User, 2021 - 2031 (USD Million)
      1. Pulp & Paper Mills
      2. Cement Manufacturing
      3. Utility Boilers
      4. Others
    3. Global Tire Derived Fuel Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Liberty Tire Recycling
      2. Ragn-Sells Group
      3. Genan
      4. TDF Processing LLC
      5. ResourceCo
      6. Pyrum Innovations AG
  7. Analyst Views
  8. Future Outlook of the Market