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Global Waste Oil Recycling Market Research Report - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2033)

Published Aug 13, 2025
Length 159 Pages
SKU # LOOK20514447

Description

Definition and Scope:

Recycling and reusing used motor oil is preferred 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.

With the increasingly severe energy crisis and the improvement of human requirements for environmental protection, the petrochemical waste oil industry has become a rising industry with continuous development. Recycling waste oil can effectively reduce waste emissions, reduce the demand for new raw materials, and conform to the concept of sustainable development, so it has received more and more attention and support.

The global Waste Oil Recycling market size is projected to reach US$ 6915.30 Million by 2028, from US$ 3830.05 million in 2021, at a CAGR of 8.84% during 2022-2028. Environmental issues and sustainability are at the core of the waste oil recycling market driving force. Waste oil, if not managed properly, can lead to soil and water pollution, air pollution, and adverse impacts on ecosystems. Recycling used oil can help mitigate these environmental impacts by reducing the need for landfills or illegal dumping. As the world continues to look for ways to be more environmentally friendly, many companies are turning to waste oil as a less carbon-intensive alternative to fossil fuels. The recycling of waste oil not only reduces greenhouse gas emissions and environmental pollution but also protects our natural resources.

Moreover, rising global demand for crude oil is playing a key role in shaping the used oil recycling market. With the continuous expansion of industrialization and urbanization, the demand for petroleum products is also expanding. This results in a large amount of waste oil as a by-product. At the same time, industrialization and urbanization have spurred growth in various industries, including manufacturing, transportation, and energy. This growth has spurred the demand for recycled petroleum products as they are cost-effective alternatives to newly refined petroleum products. Using waste oil as a feedstock for biodiesel production reduces our dependence on fossil fuels while providing an important source of income for businesses and individuals.

Factors such as environmental regulations, advancements in recycling technologies, fluctuations in the global oil market, and supply chain disruptions are also providing important impetus to the rapid development of the waste oil recycling market. At the same time, the problem of waste oil recycling, the chaos of the waste oil market, the high cost of waste oil disposal, strict management regulations, and limited consumer awareness have created challenges in the waste oil recycling market.

Segment by Type, Waste Oil Recycling can be split into Fuel Oil, Lubricating Oil, etc. The Lubricating Oil segment dominates the overall market and has captured a 36.60% market share in 2021. Lubricants are widely used in various industries such as automobiles, manufacturing, and machinery. As a result, a large amount of used lubricating oil is generated, providing a large amount of raw material for recycling. Industries rely heavily on lubricants to maintain machinery and equipment, making re-refined lubricants a valuable resource and facilitating lubricant recycling.

By application type, the Waste Oil Recycling can be split into Re-refiners, Biodiesel, and Industrial Fuel. The Re-refiners segment has consistently contributed the highest revenue to the market. Refined oils are less expensive than virgin oils, making them an attractive alternative for many consumers. Increasing demand for re-refined base oils in applications such as automotive and industrial lubricants is fueling the expansion of this market segment. Businesses such as auto repair shops, quick lube centers, and fleet operators generate the majority of used oil. Refineries can recover and reuse this used oil, reducing the need for new oil production. By reusing used oil, re-refineries help conserve scarce petroleum resources and reduce emissions of greenhouse gases and other pollutants.

On the basis of geography, the Waste Oil Recycling market is segmented into North America, Europe, Asia-Pacific, South America, Middle East and Africa, etc. From a global perspective, the status of waste oil recycling in European and American countries is very advanced. In 2021, North America and Europe accounted for 43.28% and 31.43% of the market share, respectively. Key factors such as the strengthening of energy strategies, the existence of professional recycling companies, the existence of the world's largest oil recycling plant, and special regulations for the collection, treatment, and recycling of waste oil have led to the dominance of European and American countries in the field of waste treatment in the world. The market size in the Asia Pacific region will expand at the highest CAGR of 12.17% during the forecast period. The increase in the number of cars on the road due to population growth is fueling the expansion of the industrial and automotive industry in the Asia Pacific, especially in countries such as China, Japan, and India.

According to our calculations, the CR5 and HHI of the waste oil recycling market in 2021 were 15.70% and 0.77% respectively, which means that the market concentration is low and market participants are in fierce competition. The global used oil recycling market is expected to be fragmented owing to the presence of many regional and global competitors across the world. Major suppliers of waste oil recycling are actively introducing advanced technologies into their products to enhance their market position. Key players in the market include Safety-Kleen, World Oil, DOWA Group, Avista Oil AG, Nobleoil, Tradebe, Orrco Recycles, Dadi Haiyang, Veolia, Lorco, Oil Salvage, IFP Petro Products, Beijing first fine filtration trade co.,LTD , CSG, Mid States Oil Refining.

This report offers a comprehensive analysis of the global Waste Oil Recycling market, examining all key dimensions. It provides both a macro-level overview and micro-level market details, including market size, trends, competitive landscape, niche segments, growth drivers, and key challenges.

Report Framework and Key Highlights:

Market Dynamics: Identification of major market drivers, restraints, opportunities, and challenges.

Trend Analysis: Examination of ongoing and emerging trends impacting the market.

Competitive Landscape: Detailed profiles and market positioning of major players, including market share, operational status, product offerings, and strategic developments.

Strategic Analysis Tools: SWOT Analysis, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis

Market Segmentation: By type, application, region, and end-user industry.

Forecasting and Growth Projections: In-depth revenue forecasts and CAGR analysis through 2033.

This report equips readers with critical insights to navigate competitive dynamics and develop effective strategies. Whether assessing a new market entry or refining existing strategies, the report serves as a valuable tool for:

Industry players

Investors

Researchers

Consultants

Business strategists

And all stakeholders with an interest or investment in the Waste Oil Recycling market.

Global Waste Oil Recycling Market: Segmentation Analysis and Strategic Insights

This section of the report provides an in-depth segmentation analysis of the global Waste Oil Recycling market. The market is segmented based on region (country), manufacturer, product type, and application. Segmentation enables a more precise understanding of market dynamics and facilitates targeted strategies across product development, marketing, and sales.

By breaking the market into meaningful subsets, stakeholders can better tailor their offerings to the specific needs of each segment—enhancing competitiveness and improving return on investment.

Global Waste Oil Recycling Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Companies Profiled

Safety-Kleen

World Oil

DOWA Group

Avista Oil AG

Nobleoil

Tradebe

Dadi Haiyang

Orrco Recycles

Veolia

Lorco

Oil Salvage

FP Petro Products

Beijing first fine filtration trade co.,LTD

CSG

Mid States Oil Refining

Market Segmentation by Type

Fuel Oil

Lubricating Oil

Hydraulic Oil

Transformer Oil

Cooking Oil

Others

Market Segmentation by Application

Re-refiners

Biodiesel

Industrial Fuel

Geographic Segmentation

North America: United States, Canada, Mexico

Europe: Germany, France, Italy, U.K., Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium, Russia.

Asia-Pacific: China, Japan, South Korea, India, Australia, Indonesia, Malaysia, Philippines, Singapore, Thailand

South America: Brazil, Argentina, Colombia.

Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates, Egypt, Nigeria, South Africa, Rest of MEA

Report Framework and Chapter Summary

Chapter 1: Report Scope and Market Definition

This chapter outlines the statistical boundaries and scope of the report. It defines the segmentation standards used throughout the study, including criteria for dividing the market by region, product type, application, and other relevant dimensions. It establishes the foundational definitions and classifications that guide the rest of the analysis.

Chapter 2: Executive Summary

This chapter presents a concise summary of the market’s current status and future outlook across different segments—by geography, product type, and application. It includes key metrics such as market size, growth trends, and development potential for each segment. The chapter offers a high-level overview of the Waste Oil Recycling Market, highlighting its evolution over the short, medium, and long term.

Chapter 3: Market Dynamics and Policy Environment

This chapter explores the latest developments in the market, identifying key growth drivers, restraints, challenges, and risks faced by industry participants. It also includes an analysis of the policy and regulatory landscape affecting the market, providing insight into how external factors may shape future performance.

Chapter 4: Competitive Landscape

This chapter provides a detailed assessment of the market's competitive environment. It covers market share, production capacity, output, pricing trends, and strategic developments such as mergers, acquisitions, and expansion plans of leading players. This analysis offers a comprehensive view of the positioning and performance of top competitors.

Chapters 5–10: Regional Market Analysis

These chapters offer in-depth, quantitative evaluations of market size and growth potential across major regions and countries. Each chapter assesses regional consumption patterns, market dynamics, development prospects, and available capacity. The analysis helps readers understand geographical differences and opportunities in global markets.

Chapter 11: Market Segmentation by Product Type

This chapter examines the market based on product type, analyzing the size, growth trends, and potential of each segment. It helps stakeholders identify underexplored or high-potential product categories—often referred to as “blue ocean” opportunities.

Chapter 12: Market Segmentation by Application

This chapter analyzes the market based on application fields, providing insights into the scale and future development of each application segment. It supports readers in identifying high-growth areas across downstream markets.

Chapter 13: Company Profiles

This chapter presents comprehensive profiles of leading companies operating in the market. For each company, it details sales revenue, volume, pricing, gross profit margin, market share, product offerings, and recent strategic developments. This section offers valuable insight into corporate performance and strategy.

Chapter 14: Industry Chain and Value Chain Analysis

This chapter explores the full industry chain, from upstream raw material suppliers to downstream application sectors. It includes a value chain analysis that highlights the interconnections and dependencies across various parts of the ecosystem.

Chapter 15: Key Findings and Conclusions

The final chapter summarizes the main takeaways from the report, presenting the core conclusions, strategic recommendations, and implications for stakeholders. It encapsulates the insights drawn from all previous chapters.

Table of Contents

159 Pages
1 Introduction
1.1 Waste Oil Recycling Market Definition
1.2 Waste Oil Recycling Market Segments
1.2.1 Segment by Type
1.2.2 Segment by Application
2 Executive Summary
2.1 Global Waste Oil Recycling Market Size
2.2 Market Segmentation – by Type
2.3 Market Segmentation – by Application
2.4 Market Segmentation – by Geography
3 Key Market Trends, Opportunity, Drivers and Restraints
3.1 Key Takeway
3.2 Market Opportunities & Trends
3.3 Market Drivers
3.4 Market Restraints
3.5 Market Major Factor Assessment
4 Global Waste Oil Recycling Market Competitive Landscape
4.1 Global Waste Oil Recycling Market Share by Company (2020-2025)
4.2 Waste Oil Recycling Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.3 New Entrant and Capacity Expansion Plans
4.4 Mergers & Acquisitions
5 Global Waste Oil Recycling Market by Region
5.1 Global Waste Oil Recycling Market Size by Region
5.2 Global Waste Oil Recycling Market Size Market Share by Region
6 North America Market Overview
6.1 North America Waste Oil Recycling Market Size by Country
6.1.1 USA Market Overview
6.1.2 Canada Market Overview
6.1.3 Mexico Market Overview
6.2 North America Waste Oil Recycling Market Size by Type
6.3 North America Waste Oil Recycling Market Size by Application
6.4 Top Players in North America Waste Oil Recycling Market
7 Europe Market Overview
7.1 Europe Waste Oil Recycling Market Size by Country
7.1.1 Germany Market Overview
7.1.2 France Market Overview
7.1.3 U.K. Market Overview
7.1.4 Italy Market Overview
7.1.5 Spain Market Overview
7.1.6 Sweden Market Overview
7.1.7 Denmark Market Overview
7.1.8 Netherlands Market Overview
7.1.9 Switzerland Market Overview
7.1.10 Belgium Market Overview
7.1.11 Russia Market Overview
7.2 Europe Waste Oil Recycling Market Size by Type
7.3 Europe Waste Oil Recycling Market Size by Application
7.4 Top Players in Europe Waste Oil Recycling Market
8 Asia-Pacific Market Overview
8.1 Asia-Pacific Waste Oil Recycling Market Size by Country
8.1.1 China Market Overview
8.1.2 Japan Market Overview
8.1.3 South Korea Market Overview
8.1.4 India Market Overview
8.1.5 Australia Market Overview
8.1.6 Indonesia Market Overview
8.1.7 Malaysia Market Overview
8.1.8 Philippines Market Overview
8.1.9 Singapore Market Overview
8.1.10 Thailand Market Overview
8.2 Asia-Pacific Waste Oil Recycling Market Size by Type
8.3 Asia-Pacific Waste Oil Recycling Market Size by Application
8.4 Top Players in Asia-Pacific Waste Oil Recycling Market
9 South America Market Overview
9.1 South America Waste Oil Recycling Market Size by Country
9.1.1 Brazil Market Overview
9.1.2 Argentina Market Overview
9.1.3 Columbia Market Overview
9.2 South America Waste Oil Recycling Market Size by Type
9.3 South America Waste Oil Recycling Market Size by Application
9.4 Top Players in South America Waste Oil Recycling Market
10 Middle East and Africa Market Overview
10.1 Middle East and Africa Waste Oil Recycling Market Size by Country
10.1.1 Saudi Arabia Market Overview
10.1.2 UAE Market Overview
10.1.3 Egypt Market Overview
10.1.4 Nigeria Market Overview
10.1.5 South Africa Market Overview
10.2 Middle East and Africa Waste Oil Recycling Market Size by Type
10.3 Middle East and Africa Waste Oil Recycling Market Size by Application
10.4 Top Players in Middle East and Africa Waste Oil Recycling Market
11 Waste Oil Recycling Market Segmentation by Type
11.1 Evaluation Matrix of Segment Market Development Potential (Type)
11.2 Global Waste Oil Recycling Market Share by Type (2020-2033)
12 Waste Oil Recycling Market Segmentation by Application
12.1 Evaluation Matrix of Segment Market Development Potential (Application)
12.2 Global Waste Oil Recycling Market Size (M USD) by Application (2020-2033)
12.3 Global Waste Oil Recycling Sales Growth Rate by Application (2020-2033)
13 Company Profiles
13.1 Safety-Kleen
13.1.1 Safety-Kleen Company Overview
13.1.2 Safety-Kleen Business Overview
13.1.3 Safety-Kleen Waste Oil Recycling Major Product Overview
13.1.4 Safety-Kleen Waste Oil Recycling Revenue and Gross Margin fromWaste Oil Recycling (2020-2025)
13.1.5 Key News
13.2 World Oil
13.2.1 World Oil Company Overview
13.2.2 World Oil Business Overview
13.2.3 World Oil Waste Oil Recycling Major Product Overview
13.2.4 World Oil Waste Oil Recycling Revenue and Gross Margin fromWaste Oil Recycling (2020-2025)
13.2.5 Key News
13.3 DOWA Group
13.3.1 DOWA Group Company Overview
13.3.2 DOWA Group Business Overview
13.3.3 DOWA Group Waste Oil Recycling Major Product Overview
13.3.4 DOWA Group Waste Oil Recycling Revenue and Gross Margin fromWaste Oil Recycling (2020-2025)
13.3.5 Key News
13.4 Avista Oil AG
13.4.1 Avista Oil AG Company Overview
13.4.2 Avista Oil AG Business Overview
13.4.3 Avista Oil AG Waste Oil Recycling Major Product Overview
13.4.4 Avista Oil AG Waste Oil Recycling Revenue and Gross Margin fromWaste Oil Recycling (2020-2025)
13.4.5 Key News
13.5 Nobleoil
13.5.1 Nobleoil Company Overview
13.5.2 Nobleoil Business Overview
13.5.3 Nobleoil Waste Oil Recycling Major Product Overview
13.5.4 Nobleoil Waste Oil Recycling Revenue and Gross Margin fromWaste Oil Recycling (2020-2025)
13.5.5 Key News
13.6 Tradebe
13.6.1 Tradebe Company Overview
13.6.2 Tradebe Business Overview
13.6.3 Tradebe Waste Oil Recycling Major Product Overview
13.6.4 Tradebe Waste Oil Recycling Revenue and Gross Margin fromWaste Oil Recycling (2020-2025)
13.6.5 Key News
13.7 Dadi Haiyang
13.7.1 Dadi Haiyang Company Overview
13.7.2 Dadi Haiyang Business Overview
13.7.3 Dadi Haiyang Waste Oil Recycling Major Product Overview
13.7.4 Dadi Haiyang Waste Oil Recycling Revenue and Gross Margin fromWaste Oil Recycling (2020-2025)
13.7.5 Key News
13.8 Orrco Recycles
13.8.1 Orrco Recycles Company Overview
13.8.2 Orrco Recycles Business Overview
13.8.3 Orrco Recycles Waste Oil Recycling Major Product Overview
13.8.4 Orrco Recycles Waste Oil Recycling Revenue and Gross Margin fromWaste Oil Recycling (2020-2025)
13.8.5 Key News
13.9 Veolia
13.9.1 Veolia Company Overview
13.9.2 Veolia Business Overview
13.9.3 Veolia Waste Oil Recycling Major Product Overview
13.9.4 Veolia Waste Oil Recycling Revenue and Gross Margin fromWaste Oil Recycling (2020-2025)
13.9.5 Key News
13.10 Lorco
13.10.1 Lorco Company Overview
13.10.2 Lorco Business Overview
13.10.3 Lorco Waste Oil Recycling Major Product Overview
13.10.4 Lorco Waste Oil Recycling Revenue and Gross Margin fromWaste Oil Recycling (2020-2025)
13.10.5 Key News
13.11 Oil Salvage
13.11.1 Oil Salvage Company Overview
13.11.2 Oil Salvage Business Overview
13.11.3 Oil Salvage Waste Oil Recycling Major Product Overview
13.11.4 Oil Salvage Waste Oil Recycling Revenue and Gross Margin fromWaste Oil Recycling (2020-2025)
13.11.5 Key News
13.12 FP Petro Products
13.12.1 FP Petro Products Company Overview
13.12.2 FP Petro Products Business Overview
13.12.3 FP Petro Products Waste Oil Recycling Major Product Overview
13.12.4 FP Petro Products Waste Oil Recycling Revenue and Gross Margin fromWaste Oil Recycling (2020-2025)
13.12.5 Key News
13.13 Beijing first fine filtration trade co.,LTD
13.13.1 Beijing first fine filtration trade co.,LTD Company Overview
13.13.2 Beijing first fine filtration trade co.,LTD Business Overview
13.13.3 Beijing first fine filtration trade co.,LTD Waste Oil Recycling Major Product Overview
13.13.4 Beijing first fine filtration trade co.,LTD Waste Oil Recycling Revenue and Gross Margin fromWaste Oil Recycling (2020-2025)
13.13.5 Key News
13.14 CSG
13.14.1 CSG Company Overview
13.14.2 CSG Business Overview
13.14.3 CSG Waste Oil Recycling Major Product Overview
13.14.4 CSG Waste Oil Recycling Revenue and Gross Margin fromWaste Oil Recycling (2020-2025)
13.14.5 Key News
13.15 Mid States Oil Refining
13.15.1 Mid States Oil Refining Company Overview
13.15.2 Mid States Oil Refining Business Overview
13.15.3 Mid States Oil Refining Waste Oil Recycling Major Product Overview
13.15.4 Mid States Oil Refining Waste Oil Recycling Revenue and Gross Margin fromWaste Oil Recycling (2020-2025)
13.15.5 Key News
14 Key Market Trends, Opportunity, Drivers and Restraints
14.1 Key Takeway
14.2 Market Opportunities & Trends
14.3 Market Drivers
14.4 Market Restraints
14.5 Market Major Factor Assessment
14.6 Porter's Five Forces Analysis of Waste Oil Recycling Market
14.7 PEST Analysis of Waste Oil Recycling Market
15 Analysis of the Waste Oil Recycling Industry Chain
15.1 Overview of the Industry Chain
15.2 Upstream Segment Analysis
15.3 Midstream Segment Analysis
15.3.1 Manufacturing, Processing or Conversion Process Analysis
15.3.2 Key Technology Analysis
15.4 Downstream Segment Analysis
15.4.1 Downstream Customer List and Contact Details
15.4.2 Customer Concerns or Preference Analysis
16 Conclusion
17 Appendix
17.1 Methodology
17.2 Research Process and Data Source
17.3 Disclaimer
17.4 Note
17.5 Examples of Clients
17.6 Disclaimer
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