Pyrolysis Oil Market Growth Forecast: Innovation at the Crossroads of Sustainability and Energy
As of 2024, the global pyrolysis oil market was valued at $347.65 Million. The market is poised for substantial growth, with projections indicating a reach of $477.95 Million by 2032, growing at a compound annual growth rate (CAGR) of nearly 4.06% from 2025 to 2032. This growth is primarily driven by the increasing need for cleaner, renewable energy alternatives, as well as growing concerns around the disposal of waste materials, particularly plastics and rubber.
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