Report Detail
Global Waste Oil Recycling Supply, Demand and Key Producers, 2026-2032
- RnM4664148 |
- 19 January, 2026 |
- Global |
- 118 Pages |
- GIR |
- Chemical & Material
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?
1 Supply Summary
- 1.1 Waste Oil Recycling Introduction
- 1.2 World Waste Oil Recycling Market Size & Forecast (2021 & 2025 & 2032)
- 1.3 World Waste Oil Recycling Total Market by Region (by Headquarter Location)
- 1.3.1 World Waste Oil Recycling Market Size by Region (2021-2032), (by Headquarter Location)
- 1.3.2 United States Based Company Waste Oil Recycling Revenue (2021-2032)
- 1.3.3 China Based Company Waste Oil Recycling Revenue (2021-2032)
- 1.3.4 Europe Based Company Waste Oil Recycling Revenue (2021-2032)
- 1.3.5 Japan Based Company Waste Oil Recycling Revenue (2021-2032)
- 1.3.6 South Korea Based Company Waste Oil Recycling Revenue (2021-2032)
- 1.3.7 ASEAN Based Company Waste Oil Recycling Revenue (2021-2032)
- 1.3.8 India Based Company Waste Oil Recycling Revenue (2021-2032)
- 1.4 Market Drivers, Restraints and Trends
- 1.4.1 Waste Oil Recycling Market Drivers
- 1.4.2 Factors Affecting Demand
- 1.4.3 Major Market Trends
2 Demand Summary
- 2.1 World Waste Oil Recycling Consumption Value (2021-2032)
- 2.2 World Waste Oil Recycling Consumption Value by Region
- 2.2.1 World Waste Oil Recycling Consumption Value by Region (2021-2026)
- 2.2.2 World Waste Oil Recycling Consumption Value Forecast by Region (2027-2032)
- 2.3 United States Waste Oil Recycling Consumption Value (2021-2032)
- 2.4 China Waste Oil Recycling Consumption Value (2021-2032)
- 2.5 Europe Waste Oil Recycling Consumption Value (2021-2032)
- 2.6 Japan Waste Oil Recycling Consumption Value (2021-2032)
- 2.7 South Korea Waste Oil Recycling Consumption Value (2021-2032)
- 2.8 ASEAN Waste Oil Recycling Consumption Value (2021-2032)
- 2.9 India Waste Oil Recycling Consumption Value (2021-2032)
3 World Waste Oil Recycling Companies Competitive Analysis
- 3.1 World Waste Oil Recycling Revenue by Player (2021-2026)
- 3.2 Industry Rank and Concentration Rate (CR)
- 3.2.1 Global Waste Oil Recycling Industry Rank of Major Players
- 3.2.2 Global Concentration Ratios (CR4) for Waste Oil Recycling in 2025
- 3.2.3 Global Concentration Ratios (CR8) for Waste Oil Recycling in 2025
- 3.3 Waste Oil Recycling Company Evaluation Quadrant
- 3.4 Waste Oil Recycling Market: Overall Company Footprint Analysis
- 3.4.1 Waste Oil Recycling Market: Region Footprint
- 3.4.2 Waste Oil Recycling Market: Company Product Type Footprint
- 3.4.3 Waste Oil Recycling Market: Company Product Application Footprint
- 3.5 Competitive Environment
- 3.5.1 Historical Structure of the Industry
- 3.5.2 Barriers of Market Entry
- 3.5.3 Factors of Competition
- 3.6 Mergers & Acquisitions Activity
4 United States VS China VS Rest of World (by Headquarter Location)
- 4.1 United States VS China: Waste Oil Recycling Revenue Comparison (by Headquarter Location)
- 4.1.1 United States VS China: Waste Oil Recycling Revenue Comparison (2021 & 2025 & 2032) (by Headquarter Location)
- 4.1.2 United States VS China: Waste Oil Recycling Revenue Market Share Comparison (2021 & 2025 & 2032)
- 4.2 United States Based Companies VS China Based Companies: Waste Oil Recycling Consumption Value Comparison
- 4.2.1 United States VS China: Waste Oil Recycling Consumption Value Comparison (2021 & 2025 & 2032)
- 4.2.2 United States VS China: Waste Oil Recycling Consumption Value Market Share Comparison (2021 & 2025 & 2032)
- 4.3 United States Based Waste Oil Recycling Companies and Market Share, 2021-2026
- 4.3.1 United States Based Waste Oil Recycling Companies, Headquarters (States, Country)
- 4.3.2 United States Based Companies Waste Oil Recycling Revenue, (2021-2026)
- 4.4 China Based Companies Waste Oil Recycling Revenue and Market Share, 2021-2026
- 4.4.1 China Based Waste Oil Recycling Companies, Company Headquarters (Province, Country)
- 4.4.2 China Based Companies Waste Oil Recycling Revenue, (2021-2026)
- 4.5 Rest of World Based Waste Oil Recycling Companies and Market Share, 2021-2026
- 4.5.1 Rest of World Based Waste Oil Recycling Companies, Headquarters (Province, Country)
- 4.5.2 Rest of World Based Companies Waste Oil Recycling Revenue (2021-2026)
5 Market Analysis by Type
- 5.1 World Waste Oil Recycling Market Size Overview by Type: 2021 VS 2025 VS 2032
- 5.2 Segment Introduction by Type
- 5.2.1 Fuel Oil
- 5.2.2 Lubricating Oil
- 5.2.3 Hydraulic Oil
- 5.2.4 Transformer Oil
- 5.2.5 Cooking Oil
- 5.2.6 Others
- 5.3 Market Segment by Type
- 5.3.1 World Waste Oil Recycling Market Size by Type (2021-2026)
- 5.3.2 World Waste Oil Recycling Market Size by Type (2027-2032)
- 5.3.3 World Waste Oil Recycling Market Size Market Share by Type (2027-2032)
6 Market Analysis by Application
- 6.1 World Waste Oil Recycling Market Size Overview by Application: 2021 VS 2025 VS 2032
- 6.2 Segment Introduction by Application
- 6.2.1 Re-refiners
- 6.2.2 Biodiesel
- 6.2.3 Industrial Fuel
- 6.2.4 Others
- 6.3 Market Segment by Application
- 6.3.1 World Waste Oil Recycling Market Size by Application (2021-2026)
- 6.3.2 World Waste Oil Recycling Market Size by Application (2027-2032)
- 6.3.3 World Waste Oil Recycling Market Size Market Share by Application (2021-2032)
7 Company Profiles
- 7.1 Safety-Kleen
- 7.1.1 Safety-Kleen Details
- 7.1.2 Safety-Kleen Major Business
- 7.1.3 Safety-Kleen Waste Oil Recycling Product and Services
- 7.1.4 Safety-Kleen Waste Oil Recycling Revenue, Gross Margin and Market Share (2021-2026)
- 7.1.5 Safety-Kleen Recent Developments/Updates
- 7.1.6 Safety-Kleen Competitive Strengths & Weaknesses
- 7.2 Lorco
- 7.2.1 Lorco Details
- 7.2.2 Lorco Major Business
- 7.2.3 Lorco Waste Oil Recycling Product and Services
- 7.2.4 Lorco Waste Oil Recycling Revenue, Gross Margin and Market Share (2021-2026)
- 7.2.5 Lorco Recent Developments/Updates
- 7.2.6 Lorco Competitive Strengths & Weaknesses
- 7.3 World Oil
- 7.3.1 World Oil Details
- 7.3.2 World Oil Major Business
- 7.3.3 World Oil Waste Oil Recycling Product and Services
- 7.3.4 World Oil Waste Oil Recycling Revenue, Gross Margin and Market Share (2021-2026)
- 7.3.5 World Oil Recent Developments/Updates
- 7.3.6 World Oil Competitive Strengths & Weaknesses
- 7.4 Orrco Recycles
- 7.4.1 Orrco Recycles Details
- 7.4.2 Orrco Recycles Major Business
- 7.4.3 Orrco Recycles Waste Oil Recycling Product and Services
- 7.4.4 Orrco Recycles Waste Oil Recycling Revenue, Gross Margin and Market Share (2021-2026)
- 7.4.5 Orrco Recycles Recent Developments/Updates
- 7.4.6 Orrco Recycles Competitive Strengths & Weaknesses
- 7.5 FP Petro Products
- 7.5.1 FP Petro Products Details
- 7.5.2 FP Petro Products Major Business
- 7.5.3 FP Petro Products Waste Oil Recycling Product and Services
- 7.5.4 FP Petro Products Waste Oil Recycling Revenue, Gross Margin and Market Share (2021-2026)
- 7.5.5 FP Petro Products Recent Developments/Updates
- 7.5.6 FP Petro Products Competitive Strengths & Weaknesses
- 7.6 CSG
- 7.6.1 CSG Details
- 7.6.2 CSG Major Business
- 7.6.3 CSG Waste Oil Recycling Product and Services
- 7.6.4 CSG Waste Oil Recycling Revenue, Gross Margin and Market Share (2021-2026)
- 7.6.5 CSG Recent Developments/Updates
- 7.6.6 CSG Competitive Strengths & Weaknesses
- 7.7 MTB
- 7.7.1 MTB Details
- 7.7.2 MTB Major Business
- 7.7.3 MTB Waste Oil Recycling Product and Services
- 7.7.4 MTB Waste Oil Recycling Revenue, Gross Margin and Market Share (2021-2026)
- 7.7.5 MTB Recent Developments/Updates
- 7.7.6 MTB Competitive Strengths & Weaknesses
- 7.8 Oil Salvage
- 7.8.1 Oil Salvage Details
- 7.8.2 Oil Salvage Major Business
- 7.8.3 Oil Salvage Waste Oil Recycling Product and Services
- 7.8.4 Oil Salvage Waste Oil Recycling Revenue, Gross Margin and Market Share (2021-2026)
- 7.8.5 Oil Salvage Recent Developments/Updates
- 7.8.6 Oil Salvage Competitive Strengths & Weaknesses
- 7.9 Tradebe
- 7.9.1 Tradebe Details
- 7.9.2 Tradebe Major Business
- 7.9.3 Tradebe Waste Oil Recycling Product and Services
- 7.9.4 Tradebe Waste Oil Recycling Revenue, Gross Margin and Market Share (2021-2026)
- 7.9.5 Tradebe Recent Developments/Updates
- 7.9.6 Tradebe Competitive Strengths & Weaknesses
- 7.10 Veolia
- 7.10.1 Veolia Details
- 7.10.2 Veolia Major Business
- 7.10.3 Veolia Waste Oil Recycling Product and Services
- 7.10.4 Veolia Waste Oil Recycling Revenue, Gross Margin and Market Share (2021-2026)
- 7.10.5 Veolia Recent Developments/Updates
- 7.10.6 Veolia Competitive Strengths & Weaknesses
- 7.11 Nobleoil
- 7.11.1 Nobleoil Details
- 7.11.2 Nobleoil Major Business
- 7.11.3 Nobleoil Waste Oil Recycling Product and Services
- 7.11.4 Nobleoil Waste Oil Recycling Revenue, Gross Margin and Market Share (2021-2026)
- 7.11.5 Nobleoil Recent Developments/Updates
- 7.11.6 Nobleoil Competitive Strengths & Weaknesses
- 7.12 Mid States Oil Refining
- 7.12.1 Mid States Oil Refining Details
- 7.12.2 Mid States Oil Refining Major Business
- 7.12.3 Mid States Oil Refining Waste Oil Recycling Product and Services
- 7.12.4 Mid States Oil Refining Waste Oil Recycling Revenue, Gross Margin and Market Share (2021-2026)
- 7.12.5 Mid States Oil Refining Recent Developments/Updates
- 7.12.6 Mid States Oil Refining Competitive Strengths & Weaknesses
- 7.13 Broad
- 7.13.1 Broad Details
- 7.13.2 Broad Major Business
- 7.13.3 Broad Waste Oil Recycling Product and Services
- 7.13.4 Broad Waste Oil Recycling Revenue, Gross Margin and Market Share (2021-2026)
- 7.13.5 Broad Recent Developments/Updates
- 7.13.6 Broad Competitive Strengths & Weaknesses
- 7.14 Beijing First Filtration Trade
- 7.14.1 Beijing First Filtration Trade Details
- 7.14.2 Beijing First Filtration Trade Major Business
- 7.14.3 Beijing First Filtration Trade Waste Oil Recycling Product and Services
- 7.14.4 Beijing First Filtration Trade Waste Oil Recycling Revenue, Gross Margin and Market Share (2021-2026)
- 7.14.5 Beijing First Filtration Trade Recent Developments/Updates
- 7.14.6 Beijing First Filtration Trade Competitive Strengths & Weaknesses
- 7.15 Jinghong Renewable Resources
- 7.15.1 Jinghong Renewable Resources Details
- 7.15.2 Jinghong Renewable Resources Major Business
- 7.15.3 Jinghong Renewable Resources Waste Oil Recycling Product and Services
- 7.15.4 Jinghong Renewable Resources Waste Oil Recycling Revenue, Gross Margin and Market Share (2021-2026)
- 7.15.5 Jinghong Renewable Resources Recent Developments/Updates
- 7.15.6 Jinghong Renewable Resources Competitive Strengths & Weaknesses
8 Industry Chain Analysis
- 8.1 Waste Oil Recycling Industry Chain
- 8.2 Waste Oil Recycling Upstream Analysis
- 8.3 Waste Oil Recycling Midstream Analysis
- 8.4 Waste Oil Recycling Downstream Analysis
9 Research Findings and Conclusion
10 Appendix
- 10.1 Methodology
- 10.2 Research Process and Data Source
Summary:
Get latest Market Research Reports on Waste Oil Recycling. Industry analysis & Market Report on Waste Oil Recycling is a syndicated market report, published as Global Waste Oil Recycling Supply, Demand and Key Producers, 2026-2032. It is complete Research Study and Industry Analysis of Waste Oil Recycling market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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