Disposal of this waste oil is associated with significant cost. As an alternative, waste oil can be converted into a valuable resource. The treated oil can be used as a high calorific value secondary fuel in certain sectors of industry, or as a base oil for the production of lubricants.
This report contains market size and forecasts of Waste Oil Recycling in Global, including the following market information:
Global Waste Oil Recycling Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Waste Oil Recycling market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Fuel Oil Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Waste Oil Recycling include CSG, MTB, Oil Salvage, Tradebe, Olleco, Veolia, Central Waste Oil and GED Environmental Services, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Waste Oil Recycling companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Waste Oil Recycling Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Waste Oil Recycling Market Segment Percentages, by Type, 2021 (%)
Fuel Oil
Lubricating Oil
Hydraulic Oil
Transformer Oil
Cooking Oil
Others
Global Waste Oil Recycling Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Waste Oil Recycling Market Segment Percentages, by Application, 2021 (%)
Automotive
Industrial
Food Service
Others
Global Waste Oil Recycling Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Waste Oil Recycling Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Waste Oil Recycling revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Waste Oil Recycling revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
CSG
MTB
Oil Salvage
Tradebe
Olleco
Veolia
Central Waste Oil
GED Environmental Services