In the process of waste tire pyrolysis, we can finally get waste tire pyrolysis oil and carbon black. Both of these final precious products can be sold directly at a high price in the market or applied to many industries. This article will focus on the market price of tire pyrolysis oil.
As various industries seek alternatives to fossil fuels, understanding the market price of tire pyrolysis oil is crucial for investors, recyclers and energy buyers. The following is our in-depth analysis of current price dynamics and factors affecting this evolving market.
Overview of tire pyrolysis oil market price
The price of tire pyrolysis oil varies by region, quality and use. The specific price level mainly depends on the quality of the oil. Generally speaking, the price of tire pyrolysis oil with higher purity and calorific value may be slightly higher. The following is an overview of the average price of tire pyrolysis oil in major markets (for reference only):
Overall, although the specific price of tire pyrolysis oil fluctuates, it is still relatively affordable compared to traditional crude oil. Many recyclers are optimistic about this investment.
By using Huayin Group latest designed waste tire pyrolysis plant, we can efficiently extract fuel oil from old tires and rubber. [Related reading: Waste tire pyrolysis process]
As one of the most industrialized countries, the United States produces a large amount of waste tires to be processed every year. Many companies use these resources to build pyrolysis plants to obtain tire pyrolysis oil. In addition, in some areas, companies that use tire pyrolysis oil as a clean energy source may also be eligible for incentives, tax incentives or subsidies.
Regardless of the country, the market price of waste tire pyrolysis oil has been rising steadily. You never have to worry about the market and price of tire oil. If you also want to make money through waste tire pyrolysis oil production business, contact Huayin Group for detailed solutions!
