Global tire-derived fuels market forecast at $384.0 million by 2031
Tire derived fuels are fitting into a broader drive to improve environmental sustainability and address climate change. Several goals are seen as possible including renew ability, elimination of toxins, optimized design and manufacturing, recyclability and use of post-consumer content. Earlier scrap tires used to be dumped which used to pollute the land and consume lot of efforts for management. With the use of modern technologies to convert scrap tires into fuels has provided solution for more of the environment issues related to waste tires. Tire derived fuels are serving to important purposes such as providing an alternative option to companies such as cement, paper & pulp to use tire derived fuels to save fuel cost and to save environment issues related to waste tires.
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