열분해유 시장 규모, 점유율, 성장 분석 : 유형별, 원료별, 원재료별, 개질 방법별, 프로세스 기술별, 용도별, 지역별 - 업계 예측(2026-2033년)

Pyrolysis Oil Market size was valued at USD 348.3 Million in 2024 and is poised to grow from USD 362.44 Million in 2025 to USD 498.32 Million by 2033, growing at a CAGR of 4.06% during the forecast period (2026-2033).

The global pyrolysis oil market is poised for steady growth, driven by an increasing demand for renewable energy sources. Environmental concerns and the imperative to reduce greenhouse gas emissions are fueling the search for cleaner, sustainable alternatives. Pyrolysis oil, or bio-oil, is gaining traction as a leading biofuel, with significant production in key markets like the United States, Brazil, and Indonesia. Despite a previous downturn, the biofuels sector has shown resilience, rebounding with impressive growth. Pyrolysis oil, derived from organic waste materials, supports the shift away from fossil fuels and contributes to a circular economy. Its adoption spans major industrial sectors, including power generation, chemicals, and transportation, while the agricultural sector benefits from biochar, a nutrient-rich byproduct ideal for soil enhancement.

Top-down and bottom-up approaches were used to estimate and validate the size of the Pyrolysis Oil market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Pyrolysis Oil Market Segments Analysis

Global Pyrolysis Oil Market is segmented by type, feedstock, raw material, method of upgrading, process technology, application and region. Based on type, the market is segmented into fast pyrolysis oil, slow pyrolysis oil and hydrotreated pyrolysis oil. Based on feedstock, the market is segmented into biomass, plastic and coal. Based on raw material, the market is segmented into waste plastic, waste rubber, wood, oil sludge and others. Based on method of upgrading, the market is segmented into hydrotreatment, distillation and steam reforming. Based on process technology, the market is segmented into fluidized bed reactor, rotary kiln reactor and ablative reactor. Based on application, the market is segmented into fuel, chemicals, power generation and others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Pyrolysis Oil Market

Increasing environmental awareness, particularly regarding plastic pollution, serves as a significant catalyst for the expansion of the pyrolysis oil market. A staggering amount of plastic waste, estimated to be around 14 million tons, contaminates the oceans each year, posing severe threats to marine life and ecosystems. This alarming scenario underscores the urgent demand for effective solutions to mitigate the detrimental impacts of plastic waste on the environment. In response to these concerns, there is a growing recognition of the necessity to adopt sustainable waste management practices and find alternatives to conventional plastics, driving further interest in pyrolysis oil as a viable option.

Restraints in the Pyrolysis Oil Market

The pyrolysis oil market, being relatively nascent compared to traditional fossil fuel markets, faces significant challenges stemming from its underdeveloped infrastructure for production, storage, and distribution. This lack of a well-established framework hinders market growth by limiting the efficient supply and accessibility of pyrolysis oil to end-users. Consequently, the development of strong supply chains and distribution channels is essential for addressing these constraints and promoting market expansion. By enhancing infrastructure, the industry can improve the availability and reliability of pyrolysis oil, ultimately facilitating wider adoption and integration into existing energy systems and markets.

Market Trends of the Pyrolysis Oil Market

The Pyrolysis Oil market is witnessing a significant upward trend propelled by a growing emphasis on sustainable waste management practices. As industries and municipalities increasingly seek effective solutions for waste treatment, the thermal decomposition process of pyrolysis gains traction for its ability to convert various waste materials into valuable resources such as fuels and chemicals. This shift not only diverts waste from landfills and incinerators but also contributes to reducing environmental pollution and enhancing resource utilization. Additionally, supportive government regulations and initiatives aimed at promoting eco-friendly practices are creating abundant opportunities for companies in the pyrolysis sector, positioning them for growth in the expanding green economy.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Technological Advancement
• Regulatory Landscape
• Case Studies
• Raw Material Analysis

Global Pyrolysis Oil Market Size by Type & CAGR (2026-2033)

• Market Overview
• Fast Pyrolysis Oil
• Slow Pyrolysis Oil
• Hydrotreated Pyrolysis Oil

Global Pyrolysis Oil Market Size by Feedstock & CAGR (2026-2033)

• Market Overview
• Biomass
• Plastic
• Coal

Global Pyrolysis Oil Market Size by Raw Material & CAGR (2026-2033)

• Market Overview
• Waste Plastic
• Waste Rubber
• Wood
• Oil Sludge
• Others

Global Pyrolysis Oil Market Size by Method Of Upgrading & CAGR (2026-2033)

• Market Overview
• Hydrotreatment
• Distillation
• Steam Reforming

Global Pyrolysis Oil Market Size by Process Technology & CAGR (2026-2033)

• Market Overview
• Fluidized Bed Reactor
• Rotary Kiln Reactor
• Ablative Reactor

Global Pyrolysis Oil Market Size by Application & CAGR (2026-2033)

• Market Overview
• Fuel
• Chemicals
• Power Generation
• Others

Global Pyrolysis Oil Market Size & CAGR (2026-2033)

• North America (Type, Feedstock, Raw Material, Method Of Upgrading, Process Technology, Application)
  • USA
  • Canada
• Europe (Type, Feedstock, Raw Material, Method Of Upgrading, Process Technology, Application)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Type, Feedstock, Raw Material, Method Of Upgrading, Process Technology, Application)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Type, Feedstock, Raw Material, Method Of Upgrading, Process Technology, Application)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Type, Feedstock, Raw Material, Method Of Upgrading, Process Technology, Application)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• Enerkem
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Anellotech
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Vapotherm
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Greenergy
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ensyn
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Alterra Energy
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• IFP Energies nouvelles
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BTG Biomass Technology Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Pyrowave
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Licella
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Alterra Energy
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bridgestone Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Green Fuel Nordic Oy
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• New Energy Kft.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nexus Circular
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Plastic Energy
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• New Hope Energy
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Agilyx
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Quantafuel ASA
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Trident Fuels (Pty) Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations