The global Used Engine Oil Recycling market was valued at US$ 2318.7 million in 2023 and is anticipated to reach US$ 3447.2 million by 2030, witnessing a CAGR of 5.8% during the forecast period 2024-2030.
Waste engine oil recycling is restricted by many factors, including the following aspects:
Imperfect recycling system: At present, the waste engine oil recycling system is not sound enough and lacks effective management systems and supervision mechanisms. This has led to some criminals using illegal means to recycle and process used engine oil, which has had a negative impact on the entire recycling industry.
High recycling costs: The recycling of used engine oil requires a lot of manpower, material and financial resources, including transportation, storage, processing and reuse, which all require a certain cost. At the same time, since the output of waste engine oil is relatively small, the cost of recycling is also increased.
Insufficient technical level: At present, the technical level of waste engine oil treatment and reuse needs to be improved, and there is a lack of efficient, environmentally friendly, and practical treatment methods and equipment. As a result, some recycled waste engine oil cannot be effectively reused, and may even cause secondary pollution to the environment.
Insufficient social awareness: Some companies and individuals have insufficient awareness of the hazards of waste engine oil and the importance of disposal. They lack environmental awareness and social responsibility, and often discard or discharge waste engine oil at will, causing great harm to the environment.
Illegal acquisition and disposal: Because used engine oil has a certain economic value, some companies and individuals will illegally acquire and dispose of used engine oil, causing real recycling companies to be unable to obtain sufficient resources, which will have an impact on the entire recycling industry.
Unbalanced regional development: The economic development of different regions is unbalanced. Some developed areas attach greater importance to the recycling and processing of waste oil, while the recycling and processing of waste oil in some less developed areas lags behind, resulting in a low recovery rate of waste oil in these areas. .
To sum up, waste oil recycling work is subject to many constraints. It requires the government, enterprises and individuals to work together to strengthen management and supervision, improve technical levels and social awareness, and jointly promote the development of the waste oil recycling industry.
This report aims to provide a comprehensive presentation of the global market for Used Engine Oil Recycling, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Used Engine Oil Recycling.
Report Scope
The Used Engine Oil Recycling market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Used Engine Oil Recycling market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Used Engine Oil Recycling companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Âé¶¹Ô´´ Segmentation
By Company
World Oil
Tradebe
Safety-Kleen
Orrco Recycles
Oil Salvage
MTB
Lorco
FP Petro Products
CSG
Veolia
Nobleoil
Mid States Oil Refining
Broad Group
Jinghong Renewable Resources
Luojiang Yida Renewable Resources Co., Ltd.
Segment by Type
Diesel Engine Oil
Gasoline Engine Oil
Segment by Application
Regenerated Engine Oil
Concrete Release Agent
Oily Road Surface
Maintain Chain
Boiler Fuel
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Used Engine Oil Recycling companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Âé¶¹Ô´´ Analysis by Type
1.2.1 Global Used Engine Oil Recycling Âé¶¹Ô´´ Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Diesel Engine Oil
1.2.3 Gasoline Engine Oil
1.3 Âé¶¹Ô´´ by Application
1.3.1 Global Used Engine Oil Recycling Âé¶¹Ô´´ Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Regenerated Engine Oil
1.3.3 Concrete Release Agent
1.3.4 Oily Road Surface
1.3.5 Maintain Chain
1.3.6 Boiler Fuel
1.3.7 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Used Engine Oil Recycling Âé¶¹Ô´´ Perspective (2019-2030)
2.2 Used Engine Oil Recycling Growth Trends by Region
2.2.1 Global Used Engine Oil Recycling Âé¶¹Ô´´ Size by Region: 2019 VS 2023 VS 2030
2.2.2 Used Engine Oil Recycling Historic Âé¶¹Ô´´ Size by Region (2019-2024)
2.2.3 Used Engine Oil Recycling Forecasted Âé¶¹Ô´´ Size by Region (2025-2030)
2.3 Used Engine Oil Recycling Âé¶¹Ô´´ Dynamics
2.3.1 Used Engine Oil Recycling Industry Trends
2.3.2 Used Engine Oil Recycling Âé¶¹Ô´´ Drivers
2.3.3 Used Engine Oil Recycling Âé¶¹Ô´´ Challenges
2.3.4 Used Engine Oil Recycling Âé¶¹Ô´´ Restraints
3 Competition Landscape by Key Players
3.1 Global Top Used Engine Oil Recycling Players by Revenue
3.1.1 Global Top Used Engine Oil Recycling Players by Revenue (2019-2024)
3.1.2 Global Used Engine Oil Recycling Revenue Âé¶¹Ô´´ Share by Players (2019-2024)
3.2 Global Used Engine Oil Recycling Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Used Engine Oil Recycling Revenue
3.4 Global Used Engine Oil Recycling Âé¶¹Ô´´ Concentration Ratio
3.4.1 Global Used Engine Oil Recycling Âé¶¹Ô´´ Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Used Engine Oil Recycling Revenue in 2023
3.5 Used Engine Oil Recycling Key Players Head office and Area Served
3.6 Key Players Used Engine Oil Recycling Product Solution and Service
3.7 Date of Enter into Used Engine Oil Recycling Âé¶¹Ô´´
3.8 Mergers & Acquisitions, Expansion Plans
4 Used Engine Oil Recycling Breakdown Data by Type
4.1 Global Used Engine Oil Recycling Historic Âé¶¹Ô´´ Size by Type (2019-2024)
4.2 Global Used Engine Oil Recycling Forecasted Âé¶¹Ô´´ Size by Type (2025-2030)
5 Used Engine Oil Recycling Breakdown Data by Application
5.1 Global Used Engine Oil Recycling Historic Âé¶¹Ô´´ Size by Application (2019-2024)
5.2 Global Used Engine Oil Recycling Forecasted Âé¶¹Ô´´ Size by Application (2025-2030)
6 North America
6.1 North America Used Engine Oil Recycling Âé¶¹Ô´´ Size (2019-2030)
6.2 North America Used Engine Oil Recycling Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Used Engine Oil Recycling Âé¶¹Ô´´ Size by Country (2019-2024)
6.4 North America Used Engine Oil Recycling Âé¶¹Ô´´ Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Used Engine Oil Recycling Âé¶¹Ô´´ Size (2019-2030)
7.2 Europe Used Engine Oil Recycling Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Used Engine Oil Recycling Âé¶¹Ô´´ Size by Country (2019-2024)
7.4 Europe Used Engine Oil Recycling Âé¶¹Ô´´ Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Used Engine Oil Recycling Âé¶¹Ô´´ Size (2019-2030)
8.2 Asia-Pacific Used Engine Oil Recycling Âé¶¹Ô´´ Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Used Engine Oil Recycling Âé¶¹Ô´´ Size by Region (2019-2024)
8.4 Asia-Pacific Used Engine Oil Recycling Âé¶¹Ô´´ Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Used Engine Oil Recycling Âé¶¹Ô´´ Size (2019-2030)
9.2 Latin America Used Engine Oil Recycling Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Used Engine Oil Recycling Âé¶¹Ô´´ Size by Country (2019-2024)
9.4 Latin America Used Engine Oil Recycling Âé¶¹Ô´´ Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Used Engine Oil Recycling Âé¶¹Ô´´ Size (2019-2030)
10.2 Middle East & Africa Used Engine Oil Recycling Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Used Engine Oil Recycling Âé¶¹Ô´´ Size by Country (2019-2024)
10.4 Middle East & Africa Used Engine Oil Recycling Âé¶¹Ô´´ Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 World Oil
11.1.1 World Oil Company Detail
11.1.2 World Oil Business Overview
11.1.3 World Oil Used Engine Oil Recycling Introduction
11.1.4 World Oil Revenue in Used Engine Oil Recycling Business (2019-2024)
11.1.5 World Oil Recent Development
11.2 Tradebe
11.2.1 Tradebe Company Detail
11.2.2 Tradebe Business Overview
11.2.3 Tradebe Used Engine Oil Recycling Introduction
11.2.4 Tradebe Revenue in Used Engine Oil Recycling Business (2019-2024)
11.2.5 Tradebe Recent Development
11.3 Safety-Kleen
11.3.1 Safety-Kleen Company Detail
11.3.2 Safety-Kleen Business Overview
11.3.3 Safety-Kleen Used Engine Oil Recycling Introduction
11.3.4 Safety-Kleen Revenue in Used Engine Oil Recycling Business (2019-2024)
11.3.5 Safety-Kleen Recent Development
11.4 Orrco Recycles
11.4.1 Orrco Recycles Company Detail
11.4.2 Orrco Recycles Business Overview
11.4.3 Orrco Recycles Used Engine Oil Recycling Introduction
11.4.4 Orrco Recycles Revenue in Used Engine Oil Recycling Business (2019-2024)
11.4.5 Orrco Recycles Recent Development
11.5 Oil Salvage
11.5.1 Oil Salvage Company Detail
11.5.2 Oil Salvage Business Overview
11.5.3 Oil Salvage Used Engine Oil Recycling Introduction
11.5.4 Oil Salvage Revenue in Used Engine Oil Recycling Business (2019-2024)
11.5.5 Oil Salvage Recent Development
11.6 MTB
11.6.1 MTB Company Detail
11.6.2 MTB Business Overview
11.6.3 MTB Used Engine Oil Recycling Introduction
11.6.4 MTB Revenue in Used Engine Oil Recycling Business (2019-2024)
11.6.5 MTB Recent Development
11.7 Lorco
11.7.1 Lorco Company Detail
11.7.2 Lorco Business Overview
11.7.3 Lorco Used Engine Oil Recycling Introduction
11.7.4 Lorco Revenue in Used Engine Oil Recycling Business (2019-2024)
11.7.5 Lorco Recent Development
11.8 FP Petro Products
11.8.1 FP Petro Products Company Detail
11.8.2 FP Petro Products Business Overview
11.8.3 FP Petro Products Used Engine Oil Recycling Introduction
11.8.4 FP Petro Products Revenue in Used Engine Oil Recycling Business (2019-2024)
11.8.5 FP Petro Products Recent Development
11.9 CSG
11.9.1 CSG Company Detail
11.9.2 CSG Business Overview
11.9.3 CSG Used Engine Oil Recycling Introduction
11.9.4 CSG Revenue in Used Engine Oil Recycling Business (2019-2024)
11.9.5 CSG Recent Development
11.10 Veolia
11.10.1 Veolia Company Detail
11.10.2 Veolia Business Overview
11.10.3 Veolia Used Engine Oil Recycling Introduction
11.10.4 Veolia Revenue in Used Engine Oil Recycling Business (2019-2024)
11.10.5 Veolia Recent Development
11.11 Nobleoil
11.11.1 Nobleoil Company Detail
11.11.2 Nobleoil Business Overview
11.11.3 Nobleoil Used Engine Oil Recycling Introduction
11.11.4 Nobleoil Revenue in Used Engine Oil Recycling Business (2019-2024)
11.11.5 Nobleoil Recent Development
11.12 Mid States Oil Refining
11.12.1 Mid States Oil Refining Company Detail
11.12.2 Mid States Oil Refining Business Overview
11.12.3 Mid States Oil Refining Used Engine Oil Recycling Introduction
11.12.4 Mid States Oil Refining Revenue in Used Engine Oil Recycling Business (2019-2024)
11.12.5 Mid States Oil Refining Recent Development
11.13 Broad Group
11.13.1 Broad Group Company Detail
11.13.2 Broad Group Business Overview
11.13.3 Broad Group Used Engine Oil Recycling Introduction
11.13.4 Broad Group Revenue in Used Engine Oil Recycling Business (2019-2024)
11.13.5 Broad Group Recent Development
11.14 Jinghong Renewable Resources
11.14.1 Jinghong Renewable Resources Company Detail
11.14.2 Jinghong Renewable Resources Business Overview
11.14.3 Jinghong Renewable Resources Used Engine Oil Recycling Introduction
11.14.4 Jinghong Renewable Resources Revenue in Used Engine Oil Recycling Business (2019-2024)
11.14.5 Jinghong Renewable Resources Recent Development
11.15 Luojiang Yida Renewable Resources Co., Ltd.
11.15.1 Luojiang Yida Renewable Resources Co., Ltd. Company Detail
11.15.2 Luojiang Yida Renewable Resources Co., Ltd. Business Overview
11.15.3 Luojiang Yida Renewable Resources Co., Ltd. Used Engine Oil Recycling Introduction
11.15.4 Luojiang Yida Renewable Resources Co., Ltd. Revenue in Used Engine Oil Recycling Business (2019-2024)
11.15.5 Luojiang Yida Renewable Resources Co., Ltd. Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
World Oil
Tradebe
Safety-Kleen
Orrco Recycles
Oil Salvage
MTB
Lorco
FP Petro Products
CSG
Veolia
Nobleoil
Mid States Oil Refining
Broad Group
Jinghong Renewable Resources
Luojiang Yida Renewable Resources Co., Ltd.
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*If Applicable.