With the phenomenal increase in number of automobiles in India during recent years the demand of tyres as original equipment and as replacement has also increased. As every new tyre produced is destined to go to waste stream for disposal or recycling or reclamation, despite its passage through retreading process, the number of used tyres being discarded is going to increase significantly. However, as the waste tire can be comprehensive utilization, most of them are become the industry waste. This phenomena is not only a kind of wasting massive available resources, but also caused the black pollution. Therefore, it influenced our life quality seriously, and became a big problem on the environmental protection. The developed countries take the waste tire regeneration seriously and all passed the Legislation and established corresponding organization to give fiscal subsidy or provide the tax-free preferential benefit, and so on in order to give fully support to the regeneration of the waste tire. Nowadays, with highly development of the rubber industry and automobile industry in our country, the enormous waste tire, scraped rubber production and its waste corner material increased rapidly. Since the rubber is not easy to purify, also with the increase of the waste rubber production, it has been the big barrier for the environment protection and intensified year by year. At present, the discarded tires, waste rubber are rich in resources all over the country. The world generates about 1.5 billion waste tyres annually, 40 percent of them in emerging markets such as China, India, South America, Southeast Asia, South Africa and Eastern Europe. In India, all new vehicles have radial tyres, so now there are piles of radial tyres here. Analysis indicates that 0.6 Million Tons of tyres scrap is generated in the country annually. It is commonly accepted in the tyre industry that about one tyre per person per year is discarded. Since there is no industry group or governmental agency that monitors tyre disposal in the country, the best estimates that can be made are based on tyre production. So supply situation of scrap tyres is only going to improve in years to come as a result of growing vehicle population in India. Mandatory scrapping of all ELV (End of Life Vehicles), in metros by 2010 to 11 and across India by 2012-13 is also likely to ensure large scale availability of scrap tyres at select locations there by encouraging organized players. The management of scrap tyres has become a growing problem in recent years. Scrap tyres represent one of several special wastes that are difficult for municipalities to handle. Whole tyres are difficult to landfill because they tend to float to the surface. These stockpiles are also direct loss of energy and resources in addition to fire & health hazard and other environmental issues. The main constituent of a tyre is rubber and the largest single application of rubber is vehicle tyres. Also the requirement of tyre is directly related to growth of automobile. The production of automobiles is forecast to continue to rise and is indicative of buoyant economic conditions for tyre industry, but at the same time guarantee and annual discarded scrap tyre volume growing at the same rate as new tyre manufacture. Waste represents a threat to the environment and human health if not handled or disposed of properly. According to this hierarchy, the priority of any country should be to extract the maximum practical benefits from products and prevent and minimize the waste that is generated. Thus, strategies for waste disposal should focus on waste prevention and minimization through the 3 Rs Reduce, Reuse and Recycle. Gasification/Pyrolysis is two related forms of thermal treatment where Waste materials are heated to high temperatures with limited oxygen availability. Waste Tyre Pyrolysis: Waste tyre pyrolysis renewable technology has set new standard in renewable energy that includes using of waste tyres as a raw material and producing green fuel oil, carbon black, steel and gas. With global warming and utilization of rubber, it has now become necessary to recycle the waste and convert it in fuel oil in such a way that it is environment friendly. This is an unique technology which can change the energy market scenario in a big way. The history of tyre pyrolysis projects to date indicates that the problems blocking them have been technical and economic. These include the problems of upgrading the carbon black by product while keeping down the operating cost of the process and the capital cost of the plant. Recently, there has been a technical advance in char upgrading which have helped tyre pyrolysis economically feasible. Pyrolysis is the decomposition of organic compounds under oxygen free (anaerobic) atmosphere that produces gas, oil, carbon black and steel. Efficient industrial Pyrolysis is a process to treat the rubber and industrial plastic wastage as well. As a result of pyrolysis of wastage tyres one obtains, fuel oil (40% to 45%), carbon black (30% to 35%), steel wires (10% to 15%), and gas (10% to 12%). The main oil product produced is wide used for industrial and commercial purposes. The oil has 40% to 45% of the amount of recycled scrap tyres, which will be carried with licensed tanker trucks. Carbon black produced by Pyrolysis process (CBp) is more economical compared to carbon black produced primarily from petroleum and is more price efficient to be used as an ingredient in the industries. Tyres should be utilized to minimize environmental impact and maximize conservation of natural resources. A small unit for tyre pyrolysis can cost from Rs 4 Crores to Rs 5.0 Crores depending on the capacity of the unit. This capital cost of investment will increase as the capacity of the unit increases. The management of scrap tyres has become a growing problem in recent years. But the pyrolysis technology has a great potential for using a major portion of scrap tyres generated each year, and actually reducing the tyre stockpiles that is in other words to convert waste stream of tyres into marketable products. Waste tyre pyrolysis has indeed identified existing and potential source reduction and utilization methods which will be effective in solving the tyre problem in the coming years.