(EMAILWIRE.COM, May 11, 2023 ) Maximize Market research expects, the Pyrolysis Oil Market to grow from USD 331.9 Mn in 2022 to USD 442.86 Mn in 2029 at a CAGR of 4.20 percent.

Pyrolysis Oil Market Report Scope and Research Methodology

The main objective of the report is to provide an in-depth analysis of the Pyrolysis Oil industry with a list of key players in the market. SWOT analysis was used to provide the strengths and weaknesses of the Pyrolysis Oil Market players. To estimate the global and regional Pyrolysis Oil Market size, the bottom-up approach was used.

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Pyrolysis Oil Market Dynamics

The rising environmental concerns, the economic benefits and the rising need for more sustainable fuel sources are increasing the demand for renewable energy Pyrolysis Oil. The demand for Pyrolysis Oil is expected to increase as a feedstock due to the focus of government on implementation of policies to support the development of economy. The lack of infrastructure for distribution and storage is the main restraining factor for the growth of the market.

Pyrolysis Oil Market Regional Insights

The factor that is expected to drive the North American market growth during the forecast period is its focus on increasing renewable energy usage and reducing carbon emissions.

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Pyrolysis Oil Market Segmentation

By Feedstock
Plastic waste
Biomass
Rubber
Other

By Technology
Fast pyrolysis
Slow pyrolysis
Gasification

By End-Use
Fuel
Chemicals
Power generation

Pyrolysis Oil Market Key Players include

Ensyn Group
BTG Biomass Technology Group
Anellotech
Klean Industries
Agilyx Corporation
Plastic Energy
Advanced Biofuels USA
Neste
Renmatix
VTT Technical Research Centre of Finland.
Waste2Energy Solutions

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Maximize Market Research is leading Material & Chemical research firm, has also published the following reports:

Honing Oil Market- The market size is expected to reach USD 3.45 billion by 2029 at a CAGR of 4.3 percent during the forecast period.

Heat Transfer Oil Market- The market size is expected to reach USD 2.74 billion by 2029 at a CAGR of 4.20 percent during the forecast period.

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