Tire Derived Fuel Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)

By Fuel Type;

Whole Tire and Shredded Tire

By End Use;

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

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn689903987 Published Date: December, 2025 Updated Date: February, 2026

Tire Derived Fuel Market Overview

Tire Derived Fuel Market (USD Million)

Tire Derived Fuel Market was valued at USD 419.83 million in the year 2024. 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%.


Tire Derived Fuel Market

*Market size in USD million

CAGR 3.0 %


Study Period2026 - 2032
Base Year2025
CAGR (%)3.0 %
Market Size (2025)USD 419.83 Million
Market Size (2032)USD 516.33 Million
Market ConcentrationHigh
Report Pages354
419.83
2025
516.33
2032

Major Players

  • Liberty Tire Recycling
  • Ragn-Sells Group
  • Genan
  • TDF Processing LLC
  • ResourceCo
  • Pyrum Innovations AG
*Competitors List Not Exhaustive

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Tire Derived Fuel Market

Fragmented - Highly competitive market without dominant players


Tire Derived Fuel (TDF) Market is a processed fuel sourced from end-of-life tires that serves as a high-energy alternative to conventional fossil fuels in industrial combustion applications. Its adoption is underpinned by drivers such as cost-efficiency and waste diversion benefits, with industrial sectors increasingly leveraging TDF to replace a portion of traditional energy inputs in energy-intensive processes like cement kilns and utility boilers.
Waste Management & Environmental Contribution
A principal strategic rationale for TDF lies in its role in sustainable waste management, where diverting scrap tires from landfill mitigates environmental hazards and aligns with regulatory waste diversion mandates. Approximately half of scrap tire volume in mature recycling ecosystems is repurposed into TDF, illustrating its importance in circular economy frameworks.
Market Growth Dynamics
Tire Derived Fuel Market has been steadily expanding, with market valuations growing by notable percentages over recent base years and projections indicating high single-digit percentage growth in market value over typical forecasting horizons. Growth is supported by institutional adoption in industrial fuel mixes and broader energy transition imperatives that prioritize resource efficiency and waste-to-energy solutions.
Industrial Adoption & Energy Strategy
Across industrial users, TDF is recognized for its high calorific value and operational consistency, which can enhance combustion efficiency relative to lower-grade fuels. Such attributes, coupled with growing demand for alternative energy sources, have established TDF as a strategic supplement within industrial energy portfolios.
Market Drivers & Institutional Support
Key market drivers include stringent environmental regulations that incentivize waste tire recycling, corporate sustainability commitments, and efforts to lower industrial energy costs through fuel substitution strategies. While adoption is influenced by regulatory landscapes and processing infrastructure, the overarching market trend reflects incremental shifts toward integrating TDF within broader energy and waste management strategies.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Fuel Type
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Region
  4. Tire Derived Fuel Market Forces
    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. Tire Derived Fuel Market, By Fuel Type, 2021 - 2031 (USD Million)
      1. Whole Tire
      2. Shredded Tire
    2. Tire Derived Fuel Market, By End Use, 2021 - 2031 (USD Million)
      1. Pulp & Paper Mills
      2. Utility Boilers
      3. Cement Manufacturing
      4. Others
    3. 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. Lakin Tire
      3. Emanuel Tire
      4. Renelux Cyprus Ltd.
      5. Scandinavian Enviro Systems AB
      6. ResourceCo Pty Ltd
      7. Eco Green Equipment
      8. Genan Holding A/S
      9. Tire Disposal & Recycling Inc.
      10. Globarket Tire Recycling
      11. Klean Industries Inc.
      12. L&S Tire Company
  7. Analyst Views
  8. Future Outlook of the Market