According to Qualiket Research, The Pyrolysis oil is an end product of tyre pyrolysis and waste plastic. Pyrolysis oil, also called as bio-oil-or bio-crude. Pyrolysis oil is synthetic fuel that is manufactured as alternative for petroleum. This oil contains different levels of oxygen which can be considered as a hydrocarbon. Pyrolysis oil is non-volatile, non-corrosive, and provides thermal instability. Pyrolysis oil is used as a alternative for fossil fuels whereas pyrolysis when co-fired in power plants can also replace coal, heavy oil, and natural gas.
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Market Segmentations:
- Global Pyrolysis Oil Market is segmented into pyrolysis process such as Fast, Flash, and Others, by source such as Plastic (LDPE, HDPE, Polystyrene, and Others), Rubber, and Biomass. Further global pyrolysis oil market is segmented into end users such as Heat & Power (Boilers, Gas Turbines, and Diesel Engines), Automotive Fuel, Bio Refineries, and Food Flavoring.
- Also, Global Pyrolysis Oil Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.
Key players:
· BTG Biomass Technology Group, BlueBear, Chevron Phillips Chemical Company, Biogreen, Divya International, Setra, Preem, TechnipFMC, Enekem, and Ensyn Corporation.
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