Global Pyrolysis Equipment Market Growth 2023-2029

Global Pyrolysis Equipment Market Growth 2023-2029

The global Pyrolysis Equipment market size is projected to grow from US$ 142.1 million in 2022 to US$ 804.4 million in 2029; it is expected to grow at a CAGR of 28.1% from 2023 to 2029.

The key manufacturers of Pyrolysis Equipment in the world are Hunan Benji Environmental Energy Technology Co.,Ltd, Niutech Environment Technology, Vow ASA（ETIA Group）, Beston Machinery Co., Ltd., Henan Doing Environmental Protection Technology Co., Ltd, Ruixin Environmental Specialty Equipment Manufacturing Co., Ltd, Klean Industries, and Kingstiger Environmental Technology Co., Ltd, The top three manufacturers account for over 50% of the market share, and currently Beston Machinery Co., Ltd. is the largest manufacturer. The production of global pyrolysis equipment is mainly distributed in regions such as North America, Europe, China, and Japan, with the top three production regions accounting for over 90% of the market share. In terms of product types, tire pyrolysis equipment has the highest market share, exceeding 30%, followed by rubber pyrolysis equipment, solid waste pyrolysis equipment, and oil sludge pyrolysis equipment. In terms of its application, fuel is the largest application field, with a market share of nearly 40%, followed by fields such as rubber products and plastic products.

Pyrolysis is a thermochemical process that can be applied to any organic (carbon-based) product. It can be performed on pure products and mixtures.The pyrolysis process is realized by pyrolysis equipment.Pyrolysis equipment is a recycling machine, a renewable and environmentally friendly equipment that can convert waste plastics/tires/sludge/coal tar into fuel oil.During pyrolytic processing, materials are exposed to high temperatures, where they are chemically and physically separated into different molecules in the absence of oxygen. Decomposition occurs due to the limited thermal stability of the material's chemical bonds,which allow them to break down through the use of heat. This allows receiving a product with different, often better properties than the original residue. Due to this property, pyrolysis is an increasingly important process in industry today - as it can bring greater value to common materials and waste.Currently, pyrolysis equipment mainly includes tire pyrolysis equipment, rubber pyrolysis equipment, oil sludge pyrolysis device and solid waste pyrolysis plant. Among them, solid waste pyrolysis plant can be used to process plastic waste, medical waste, mixed waste, etc.

LPI (LP Information)' newest research report, the “Pyrolysis Equipment Industry Forecast” looks at past sales and reviews total world Pyrolysis Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Pyrolysis Equipment sales for 2023 through 2029. With Pyrolysis Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pyrolysis Equipment industry.

This Insight Report provides a comprehensive analysis of the global Pyrolysis Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pyrolysis Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pyrolysis Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pyrolysis Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pyrolysis Equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Pyrolysis Equipment market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Tire Pyrolysis Equipment
Rubber Pyrolysis Equipment
Oil Sludge Pyrolysis Device
Solid Waste Pyrolysis Plant

Segmentation by application
Rubber Products
Plastic Products
Fuel
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hunan Benji Environmental Energy Technology Co.,Ltd
Niutech Environment Technology
Vow ASA（ETIA Group）
Beston Machinery Co., Ltd.
Henan Doing Environmental Protection Technology Co., Ltd
Ruixin Environmental Specialty Equipment Manufacturing Co., Ltd
Klean Industries
Kingtiger Environmental Technology Co., Ltd.
Henan Mingjie Environmental Equipment
Technokomplex

Key Questions Addressed in this Report

What is the 10-year outlook for the global Pyrolysis Equipment market?

What factors are driving Pyrolysis Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Pyrolysis Equipment market opportunities vary by end market size?

How does Pyrolysis Equipment break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.