Global Waste Oil Recycling Supply, Demand and Key Producers, 2026-2032
Description
The global Waste Oil Recycling market size is expected to reach $ 6486 million by 2032, rising at a market growth of 5.7% CAGR during the forecast period (2026-2032).
Recycling and reusing used motor oil is preferable to disposal and can provide great environmental benefits. Recycled used motor oil can be re-refined into new oil, processed into fuel oils, and used as raw materials for the petroleum industry. Used oils such as engine lubrication oil, hydraulic fluids, and gear oils used in cars, bikes, or lawnmowers can pollute the environment if they are not recycled or disposed of properly. Used oil must be managed properly by local waste management authorities or Biodiesel repair shops to prevent contaminating the environment. Used oil filters pose similar waste concerns. If properly drained, they can be safely recycled or disposed.
Global key players of waste oil recycling include Safety-Kleen, World Oil, Orrco Recycles etc. The top 3 companies hold a share about 13%. North America is the largest market, with a share about 38%, followed by Europe and Asia Pacific with the share about 34% and 20%. In terms of product, lubricating oil is the largest segment, with a share over 33%. And in terms of application, the largest application is re-refiners, followed by industrial fuel and biodiesel.
The global waste oil recycling market is experiencing robust growth, driven by increasing environmental regulations and the growing focus on sustainability. Waste oil, which includes used lubricants, engine oils, and hydraulic fluids, poses a significant environmental threat if not properly managed. As a result, governments worldwide are implementing stringent regulations to promote the proper disposal and recycling of waste oil. Recycling waste oil not only reduces pollution but also conserves natural resources by reprocessing used oil into reusable forms, such as fuel oils or lubricants. The demand for waste oil recycling is particularly high in industries like automotive, transportation, and manufacturing, where large quantities of oil are consumed, and re-refined oil can be used in various industrial processes. North America and Europe, with well-established regulatory frameworks and advanced recycling technologies, are leading the market.
In emerging markets across Asia-Pacific, Latin America, and Africa, the waste oil recycling market is expanding as awareness of environmental sustainability grows and infrastructure for recycling improves. The rising demand for energy and the increasing cost of crude oil have further spurred interest in re-refining waste oil into valuable byproducts. Technological advancements in recycling processes, such as vacuum distillation and hydrogenation, are enhancing the efficiency and quality of recycled oils, making them more competitive with virgin oils. Additionally, the growing use of waste oil-derived fuels in power generation and industrial applications is contributing to market growth. As the global focus on circular economies and resource efficiency intensifies, the waste oil recycling market is poised for continued expansion in the coming years.
This report studies the global Waste Oil Recycling demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Waste Oil Recycling, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Waste Oil Recycling that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Waste Oil Recycling total market, 2021-2032, (USD Million)
Global Waste Oil Recycling total market by region & country, CAGR, 2021-2032, (USD Million)
U.S. VS China: Waste Oil Recycling total market, key domestic companies, and share, (USD Million)
Global Waste Oil Recycling revenue by player, revenue and market share 2021-2026, (USD Million)
Global Waste Oil Recycling total market by Type, CAGR, 2021-2032, (USD Million)
Global Waste Oil Recycling total market by Application, CAGR, 2021-2032, (USD Million)
This report profiles major players in the global Waste Oil Recycling market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Safety-Kleen, Lorco, World Oil, Orrco Recycles, FP Petro Products, CSG, MTB, Oil Salvage, Tradebe, Veolia, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world Waste Oil Recycling market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Waste Oil Recycling Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Waste Oil Recycling Market, Segmentation by Type:
Fuel Oil
Lubricating Oil
Hydraulic Oil
Transformer Oil
Cooking Oil
Others
Global Waste Oil Recycling Market, Segmentation by Application:
Re-refiners
Biodiesel
Industrial Fuel
Others
Companies Profiled:
Safety-Kleen
Lorco
World Oil
Orrco Recycles
FP Petro Products
CSG
MTB
Oil Salvage
Tradebe
Veolia
Nobleoil
Mid States Oil Refining
Broad
Beijing First Filtration Trade
Jinghong Renewable Resources
Key Questions Answered
1. How big is the global Waste Oil Recycling market?
2. What is the demand of the global Waste Oil Recycling market?
3. What is the year over year growth of the global Waste Oil Recycling market?
4. What is the total value of the global Waste Oil Recycling market?
5. Who are the Major Players in the global Waste Oil Recycling market?
6. What are the growth factors driving the market demand?
Recycling and reusing used motor oil is preferable to disposal and can provide great environmental benefits. Recycled used motor oil can be re-refined into new oil, processed into fuel oils, and used as raw materials for the petroleum industry. Used oils such as engine lubrication oil, hydraulic fluids, and gear oils used in cars, bikes, or lawnmowers can pollute the environment if they are not recycled or disposed of properly. Used oil must be managed properly by local waste management authorities or Biodiesel repair shops to prevent contaminating the environment. Used oil filters pose similar waste concerns. If properly drained, they can be safely recycled or disposed.
Global key players of waste oil recycling include Safety-Kleen, World Oil, Orrco Recycles etc. The top 3 companies hold a share about 13%. North America is the largest market, with a share about 38%, followed by Europe and Asia Pacific with the share about 34% and 20%. In terms of product, lubricating oil is the largest segment, with a share over 33%. And in terms of application, the largest application is re-refiners, followed by industrial fuel and biodiesel.
The global waste oil recycling market is experiencing robust growth, driven by increasing environmental regulations and the growing focus on sustainability. Waste oil, which includes used lubricants, engine oils, and hydraulic fluids, poses a significant environmental threat if not properly managed. As a result, governments worldwide are implementing stringent regulations to promote the proper disposal and recycling of waste oil. Recycling waste oil not only reduces pollution but also conserves natural resources by reprocessing used oil into reusable forms, such as fuel oils or lubricants. The demand for waste oil recycling is particularly high in industries like automotive, transportation, and manufacturing, where large quantities of oil are consumed, and re-refined oil can be used in various industrial processes. North America and Europe, with well-established regulatory frameworks and advanced recycling technologies, are leading the market.
In emerging markets across Asia-Pacific, Latin America, and Africa, the waste oil recycling market is expanding as awareness of environmental sustainability grows and infrastructure for recycling improves. The rising demand for energy and the increasing cost of crude oil have further spurred interest in re-refining waste oil into valuable byproducts. Technological advancements in recycling processes, such as vacuum distillation and hydrogenation, are enhancing the efficiency and quality of recycled oils, making them more competitive with virgin oils. Additionally, the growing use of waste oil-derived fuels in power generation and industrial applications is contributing to market growth. As the global focus on circular economies and resource efficiency intensifies, the waste oil recycling market is poised for continued expansion in the coming years.
This report studies the global Waste Oil Recycling demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Waste Oil Recycling, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Waste Oil Recycling that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Waste Oil Recycling total market, 2021-2032, (USD Million)
Global Waste Oil Recycling total market by region & country, CAGR, 2021-2032, (USD Million)
U.S. VS China: Waste Oil Recycling total market, key domestic companies, and share, (USD Million)
Global Waste Oil Recycling revenue by player, revenue and market share 2021-2026, (USD Million)
Global Waste Oil Recycling total market by Type, CAGR, 2021-2032, (USD Million)
Global Waste Oil Recycling total market by Application, CAGR, 2021-2032, (USD Million)
This report profiles major players in the global Waste Oil Recycling market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Safety-Kleen, Lorco, World Oil, Orrco Recycles, FP Petro Products, CSG, MTB, Oil Salvage, Tradebe, Veolia, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world Waste Oil Recycling market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Waste Oil Recycling Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Waste Oil Recycling Market, Segmentation by Type:
Fuel Oil
Lubricating Oil
Hydraulic Oil
Transformer Oil
Cooking Oil
Others
Global Waste Oil Recycling Market, Segmentation by Application:
Re-refiners
Biodiesel
Industrial Fuel
Others
Companies Profiled:
Safety-Kleen
Lorco
World Oil
Orrco Recycles
FP Petro Products
CSG
MTB
Oil Salvage
Tradebe
Veolia
Nobleoil
Mid States Oil Refining
Broad
Beijing First Filtration Trade
Jinghong Renewable Resources
Key Questions Answered
1. How big is the global Waste Oil Recycling market?
2. What is the demand of the global Waste Oil Recycling market?
3. What is the year over year growth of the global Waste Oil Recycling market?
4. What is the total value of the global Waste Oil Recycling market?
5. Who are the Major Players in the global Waste Oil Recycling market?
6. What are the growth factors driving the market demand?
Table of Contents
118 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Waste Oil Recycling Companies Competitive Analysis
- 4 United States VS China VS Rest of World (by Headquarter Location)
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
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