Global Tire Derived Fuel Market Size & Outlook, 2024-2030

The tire derived fuel industry worldwide is expected to reach a projected revenue of US$ 446.8 million by 2030. A compound annual growth rate of 3.1% is expected of the worldwide tire derived fuel industry from 2025 to 2030.
Revenue, 2024 (US$M)
$371.5
Forecast, 2030 (US$M)
$446.8
CAGR, 2025 - 2030
3.1%
Report Coverage
Worldwide

Global tire derived fuel market highlights

  • The global tire derived fuel market generated a revenue of USD 371.5 million in 2024 and is expected to reach USD 446.8 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 3.1% by 2030.
  • In terms of segment, shredded tire accounted for a revenue of USD 243.4 million in 2024.
  • Whole Tire is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, UAE is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 371.5 million
Market revenue in 2030USD 446.8 million
Growth rate3.1% (CAGR from 2025 to 2030)
Largest segmentShredded tire
Fastest growing segmentWhole Tire
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationWhole Tire, Shredded Tire

Other key industry trends

  • In terms of revenue, the North America accounted for 18.0% of the global tire derived fuel market in 2024.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, UAE is the fastest growing regional market and is projected to reach USD 7.0 million by 2030.

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Tire Derived Fuel Market Companies

Name Profile # Employees HQ Website

Global tire derived fuel market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to tire derived fuel market will help companies and investors design strategic landscapes.


Shredded tire was the largest segment with a revenue share of 65.52% in 2024. Horizon Databook has segmented the Global tire derived fuel market based on whole tire, shredded tire covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Tire Derived Fuel Type Outlook (Revenue, USD Million, 2018-2030)
    • Whole Tire
    • Shredded Tire
  • Global Tire Derived Fuel End Use Outlook (Revenue, USD Million, 2018-2030)
    • Pulp and Paper Mills
    • Utility Boilers
    • Other End Use
    • Cement Manufacturing

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  • Our clientele includes a mix of tire derived fuel market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global tire derived fuel market , including forecasts for subscribers. This global databook contains high-level insights into Global tire derived fuel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global tire derived fuel market size, by regions, 2018-2030 (US$M)

Top 10 countries: Tire derived fuel market size, 2024 (US$M)

Global tire derived fuel market share, by type, 2024 & 2030 (%, US$M)

Tire derived fuel market: Opportunity assessment by country

Global tire derived fuel market, by region, 2024 (US$M)

Global tire derived fuel market size, by regions, 2018-2030 (US$M)

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