According to our (Global Info Research) latest study, the global Industrial Oil Recycling market size was valued at US$ 3704 million in 2025 and is forecast to a readjusted size of US$ 5707 million by 2032 with a CAGR of 6.3% during review period.
Industry gross profit margins generally ranged from 22% to 38%, reflecting the balance between collection costs, processing complexity, and regenerated oil value.
Industrial oil recycling refers to the process of collecting, treating, and regenerating used industrial oils to restore their usability or convert them into reusable base oils and fuels. The process reduces environmental impact, lowers raw material consumption, and supports circular resource utilization across industrial sectors.
The industrial chain includes upstream waste oil collection, storage, and transportation systems. The midstream focuses on filtration, dehydration, distillation, chemical treatment, and re-refining processes. Downstream applications mainly include regenerated lubricants, base oils, industrial fuels, and secondary petrochemical feedstocks.
The industrial oil recycling market is expanding steadily as environmental regulations tighten and industries seek cost-effective waste management solutions. Growing emphasis on circular economy practices and resource efficiency is driving higher recovery rates of used industrial oils. Manufacturing, energy, and transportation sectors are increasingly adopting recycling services to reduce disposal costs and comply with sustainability requirements. Technological advancements in re-refining, contamination removal, and process automation are improving oil quality and expanding end-use applications. During 2026–2032, supported by regulatory enforcement, industrial sustainability initiatives, and rising awareness of resource conservation, the industrial oil recycling market is expected to achieve stable growth with improving economic and environmental benefits.
This report is a detailed and comprehensive analysis for global Industrial Oil Recycling market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Industrial Oil Recycling market size and forecasts, in consumption value ($ Million), 2021-2032
Global Industrial Oil Recycling market size and forecasts by region and country, in consumption value ($ Million), 2021-2032
Global Industrial Oil Recycling market size and forecasts, by Type and by Application, in consumption value ($ Million), 2021-2032
Global Industrial Oil Recycling market shares of main players, in revenue ($ Million), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Industrial Oil Recycling
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Industrial 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.
Market segmentation
Industrial Oil Recycling market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Physical Separation
Chemical Treatment
Biological Treatment
Market segment by Recycling Process
On-Site Oil Recycling
Off-Site Industrial Oil Recycling
Market segment by Oil Type Handled
Lubricating Oil Recycling
Hydraulic & Cutting Oil Recycling
Market segment by Application
Re-refiners
Biodiesel
Industrial Fuel
Others
Market segment by players, this report covers
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
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Industrial Oil Recycling product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Industrial Oil Recycling, with revenue, gross margin, and global market share of Industrial Oil Recycling from 2021 to 2026.
Chapter 3, the Industrial Oil Recycling competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2021 to 2032.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2021 to 2026.and Industrial Oil Recycling market forecast, by regions, by Type and by Application, with consumption value, from 2027 to 2032.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Industrial Oil Recycling.
Chapter 13, to describe Industrial Oil Recycling research findings and conclusion.
Summary:
Get latest Market Research Reports on Industrial Oil Recycling. Industry analysis & Market Report on Industrial Oil Recycling is a syndicated market report, published as Global Industrial Oil Recycling Market 2026 by Company, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Industrial Oil Recycling market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.