Pyrolysis Oil Price Trend and Forecast 2026-2027

Europe paid the most for pyrolysis oil in Q2 2026: USD 648/MT, up 4.9% from USD 618 in Q1. Pyrolysis oil is produced by thermally decomposing waste plastic, biomass, or scrap tyres in the absence of oxygen, yielding a liquid hydrocarbon product that can be refined further, burned as industrial fuel, or fed back into petrochemical crackers as a recycled feedstock.

Plastic-derived pyrolysis oil, increasingly processed through refinery co-processing or dedicated chemical recycling units, has drawn the most investment and regulatory attention given its potential to close the loop on hard-to-recycle plastic waste that mechanical recycling cannot handle. Tyre-derived oil, produced from scrap tyre pyrolysis, serves a more established industrial fuel market, particularly as a substitute fuel in cement kilns, while biomass-derived bio-oil serves a smaller, more specialised renewable fuel and chemical intermediate market.

Europe's stronger regulatory support for chemical recycling and extended producer responsibility schemes has pushed European pyrolysis oil pricing above the other three markets, reflecting both higher feedstock collection costs and stronger policy-driven demand. Because pyrolysis oil quality and composition vary considerably depending on feedstock mix and processing technology, pricing in this market reflects a blend of feedstock cost, processing technology, and end-use specification rather than a single standardised commodity grade.

The spread between the cheapest and priciest markets tracked here, China and Europe, ran to roughly 54% in Q2 2026. That gap matters for procurement teams weighing sourcing origin against landed cost, since freight, duties, and local demand intensity all feed into where a given region ultimately lands.

Pyrolysis Oil Price Forecast for 2026

Expect steady gains across all four markets through H2 2026 as chemical recycling capacity investment continues building. China should retain its cost advantage given lower feedstock collection costs relative to the other three markets. Europe's premium should persist given its stronger regulatory support for chemical recycling and extended producer responsibility requirements. Refinery co-processing capacity additions remain the key variable to watch, since that route currently absorbs the fastest-growing share of plastic-derived pyrolysis oil demand.

Across all 4 regions combined, prices moved 4.7% increase on average between Q1 and Q2 2026. Absent a meaningful change to the cost or demand drivers outlined above, that pace looks set to carry into the second half of the year.

For the Quarter Ending June 2026

Pyrolysis Oil Prices Q2 2026:

• United States: USD 515/MT
• Europe: USD 648/MT
• China: USD 420/MT
• India: USD 454/MT

Pyrolysis Oil Prices in United States

United States rose 4.7% to USD 515/MT in Q2 2026, growing refinery co-processing demand kept US pricing climbing in step with the broader feedstock trend, making it the 2nd most expensive of the 4 markets tracked here this quarter.

Why did the price of Pyrolysis Oil change in Q2 2026 in United States?

Growing refinery co-processing demand kept US pricing climbing in step with the broader feedstock trend, which puts United States roughly 1.1% above the average across the 4 regions this report tracks.

Set against a 2.1% average quarterly pace over the six quarters this report tracks, United States's move this quarter landed faster than that trend.

Pyrolysis Oil Prices in Europe

USD 648/MT. That is where Europe landed in Q2 2026, up 4.9% from USD 618/MT in Q1 2026, ranking it the priciest among the 4 markets this report follows.

Why did the price of Pyrolysis Oil change in Q2 2026 in Europe?

Strong regulatory support for chemical recycling kept Europe at the top of this group, working out to Europe trading about 27.2% above this quarter's 4-region average.

Measured against Europe's own average pace of 2.1% a quarter across the six quarters this report tracks, this move came in faster than that pace.

Pyrolysis Oil Prices in China

China's price gained 4.5% to USD 420/MT, ample feedstock collection infrastructure kept Chinese pricing the most competitive of the four markets even as it rose in step with the group, placing it the most affordable across the 4 regions covered in this report.

Why did the price of Pyrolysis Oil change in Q2 2026 in China?

Ample feedstock collection infrastructure kept Chinese pricing the most competitive of the four markets even as it rose in step with the group, leaving China running roughly 17.5% below the 4-region average for the quarter.

That is faster than the 2.0% average quarterly move China has posted across the six quarters this report tracks.

Pyrolysis Oil Prices in India

In Q2 2026, India priced at USD 454/MT, up 4.6% from USD 434/MT the previous quarter, putting it the 3rd most expensive of the 4 markets tracked this quarter.

Why did the price of Pyrolysis Oil change in Q2 2026 in India?

Growing domestic waste-to-fuel processing capacity supported a firm quarter, with India now sitting about 10.8% below the 4-region average this quarter.

India has averaged 2.1% a quarter over the six quarters this report tracks; this move came in faster than that longer-run pace.

For the Quarter Ending March 2026

Pyrolysis Oil Prices Q1 2026:

• United States: USD 492/MT
• Europe: USD 618/MT
• China: USD 402/MT
• India: USD 434/MT

Pyrolysis Oil Prices in United States

United States rose 1.4% to USD 492/MT in Q1 2026, early-year chemical recycling investment supported a firm start to 2026, making it the 2nd most expensive of the 4 markets tracked here this quarter.

Why did the price of Pyrolysis Oil change in Q1 2026 in United States?

Early-year chemical recycling investment supported a firm start to 2026, which puts United States roughly 1.1% above the average across the 4 regions this report tracks.

Set against a 2.1% average quarterly pace over the six quarters this report tracks, United States's move this quarter landed slower than that trend.

Pyrolysis Oil Prices in Europe

USD 618/MT. That is where Europe landed in Q1 2026, up 1.4% from USD 610/MT in Q4 2025, ranking it the priciest among the 4 markets this report follows.

Why did the price of Pyrolysis Oil change in Q1 2026 in Europe?

Consistent policy-driven demand carried prices higher as the year began, working out to Europe trading about 27.0% above this quarter's 4-region average.

Measured against Europe's own average pace of 2.1% a quarter across the six quarters this report tracks, this move came in slower than that pace.

Pyrolysis Oil Prices in China

China's price gained 1.4% to USD 402/MT, growing feedstock processing capacity supported a modest early-year gain, placing it the most affordable across the 4 regions covered in this report.

Why did the price of Pyrolysis Oil change in Q1 2026 in China?

Growing feedstock processing capacity supported a modest early-year gain, leaving China running roughly 17.4% below the 4-region average for the quarter.

That is slower than the 2.0% average quarterly move China has posted across the six quarters this report tracks.

Pyrolysis Oil Prices in India

In Q1 2026, India priced at USD 434/MT, up 1.4% from USD 428/MT the previous quarter, putting it the 3rd most expensive of the 4 markets tracked this quarter.

Why did the price of Pyrolysis Oil change in Q1 2026 in India?

Growing domestic demand supported a firm start to 2026, with India now sitting about 10.8% below the 4-region average this quarter.

India has averaged 2.1% a quarter over the six quarters this report tracks; this move came in slower than that longer-run pace.

Quarterly Pyrolysis Oil Price Trends

The global average climbed steadily across the window, from USD 460/MT in Q1 2025 to USD 509 by Q2 2026, a gain of 10.7% over six quarters.

What was Pyrolysis Oil Price in 2025?

Pyrolysis Oil pricing trended upward through 2025 on a global average basis, starting the year around USD 460/MT and ending it at USD 480, a 4.3% increase over the four quarters.

Pyrolysis Oil Prices in United States in 2025

United States prices moved from about USD 465/MT in Q1 2025 to USD 485 by Q4, up roughly 4.3%, placing United States 2 of 4 tracked markets as 2025 closed out.

Pyrolysis Oil Prices in Europe in 2025

Europe prices moved from about USD 585/MT in Q1 2025 to USD 610 by Q4, up roughly 4.2%. Europe closed the year ranked 1 of the 4 markets this report tracks.

Pyrolysis Oil Prices in China in 2025

China prices moved from about USD 380/MT in Q1 2025 to USD 396 by Q4, up roughly 4.3%, leaving China in 4 place among the 4 tracked markets heading into the new year.

Pyrolysis Oil Prices in India in 2025

India prices moved from about USD 410/MT in Q1 2025 to USD 428 by Q4, up roughly 4.4%. That left India ranked 3 of 4 tracked markets heading into 2026.

How We Can Help

Expert Market Research: Your Source for Real-Time Pyrolysis Oil Price Intelligence

We keep a continuous watch on pyrolysis oil prices across every region that produces or consumes it at scale, tracing the raw material and demand drivers back to their source rather than just reporting the number. Our team pulls together waste plastic, biomass, and scrap tyres cost trends, regional supply and demand shifts, and policy developments into a single, regularly refreshed view of the market.

We build our forecasts from production capacity, feedstock cost trends, and regional demand data, aiming to give procurement teams something they can actually use in budgeting and supplier negotiations, not just a headline number.

If you need a deeper regional breakdown, a longer historical run than the six quarters shown here, or a sourcing analysis built around your specific procurement footprint, our analysts are available to help.

We track plastic-derived, tyre-derived, and biomass-derived pyrolysis oil pricing separately where data allows, since each serves a genuinely different end market with its own feedstock economics.