Waste Oil Market Size, Share, Growth Report 2032
Waste Oil Market By Type (Transmission Oils, Transformer Oils, Hydraulic Oils, Fuel Oils, Lubricating Oils, Metalworking Fluid Oils, Refrigerant Oils, and Others), By Technology (Vacuum Distillation, Hydrogen Treatment, Thin Film Evaporation, and Others), By End Use (Boiler, Road Oil, Biodiesel, Space Heater, Asphalt Plant, Re-Refiners, Steel Mills, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2023 – 2030
Category: Chemical & Materials Report Format : PDF
Pages: 220 Report Code: ZMR-4220
Published Date: May-2023 Status : Published
| Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 47.2 Billion | USD 67.1 Billion | 4.5% | 2022 |
Table Of Content
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Waste Oil Market, (2023 - 2030) (USD Billion)
- 2.2 Global Waste Oil Market : snapshot
- Chapter 3. Global Waste Oil Market - Industry Analysis
- 3.1 Waste Oil Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Growing re-refining application drives the market growth
- 3.3 Market Restraints
- 3.3.1. Stringent regulations are expected to hamper the market
- 3.4 Market Opportunities
- 3.4.1. The growing automobile industry provides a lucrative opportunity
- 3.5 Market Challenges
- 3.5.1. The high installation cost of waste oil plants poses a major challenge to the market growth
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Type
- 3.7.2 Market attractiveness analysis By Technology
- 3.7.3 Market attractiveness analysis By End Use
- Chapter 4. Global Waste Oil Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Waste Oil Market: company market share, 2022
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Waste Oil Market - Type Analysis
- 5.1 Global Waste Oil Market overview: By Type
- 5.1.1 Global Waste Oil Market share, By Type, 2022 and 2030
- 5.2 Transmission Oils
- 5.2.1 Global Waste Oil Market by Transmission Oils, 2023 - 2030 (USD Billion)
- 5.3 Transformer Oils
- 5.3.1 Global Waste Oil Market by Transformer Oils, 2023 - 2030 (USD Billion)
- 5.4 Hydraulic Oils
- 5.4.1 Global Waste Oil Market by Hydraulic Oils, 2023 - 2030 (USD Billion)
- 5.5 Fuel Oils
- 5.5.1 Global Waste Oil Market by Fuel Oils, 2023 - 2030 (USD Billion)
- 5.6 Lubricating Oils
- 5.6.1 Global Waste Oil Market by Lubricating Oils, 2023 - 2030 (USD Billion)
- 5.7 Metalworking Fluid Oils
- 5.7.1 Global Waste Oil Market by Metalworking Fluid Oils, 2023 - 2030 (USD Billion)
- 5.8 Refrigerant Oils
- 5.8.1 Global Waste Oil Market by Refrigerant Oils, 2023 - 2030 (USD Billion)
- 5.9 Others
- 5.9.1 Global Waste Oil Market by Others, 2023 - 2030 (USD Billion)
- 5.1 Global Waste Oil Market overview: By Type
- Chapter 6. Global Waste Oil Market - Technology Analysis
- 6.1 Global Waste Oil Market overview: By Technology
- 6.1.1 Global Waste Oil Market share, By Technology, 2022 and 2030
- 6.2 Vacuum Distillation
- 6.2.1 Global Waste Oil Market by Vacuum Distillation, 2023 - 2030 (USD Billion)
- 6.3 Hydrogen Treatment
- 6.3.1 Global Waste Oil Market by Hydrogen Treatment, 2023 - 2030 (USD Billion)
- 6.4 Thin Film Evaporation
- 6.4.1 Global Waste Oil Market by Thin Film Evaporation, 2023 - 2030 (USD Billion)
- 6.5 Others
- 6.5.1 Global Waste Oil Market by Others, 2023 - 2030 (USD Billion)
- 6.1 Global Waste Oil Market overview: By Technology
- Chapter 7. Global Waste Oil Market - End Use Analysis
- 7.1 Global Waste Oil Market overview: By End Use
- 7.1.1 Global Waste Oil Market share, By End Use, 2022 and 2030
- 7.2 Boiler
- 7.2.1 Global Waste Oil Market by Boiler, 2023 - 2030 (USD Billion)
- 7.3 Road Oil
- 7.3.1 Global Waste Oil Market by Road Oil, 2023 - 2030 (USD Billion)
- 7.4 Biodiesel
- 7.4.1 Global Waste Oil Market by Biodiesel, 2023 - 2030 (USD Billion)
- 7.5 Space Heater
- 7.5.1 Global Waste Oil Market by Space Heater, 2023 - 2030 (USD Billion)
- 7.6 Asphalt Plant
- 7.6.1 Global Waste Oil Market by Asphalt Plant, 2023 - 2030 (USD Billion)
- 7.7 Re-Refiners
- 7.7.1 Global Waste Oil Market by Re-Refiners, 2023 - 2030 (USD Billion)
- 7.8 Steel Mills
- 7.8.1 Global Waste Oil Market by Steel Mills, 2023 - 2030 (USD Billion)
- 7.9 Others
- 7.9.1 Global Waste Oil Market by Others, 2023 - 2030 (USD Billion)
- 7.1 Global Waste Oil Market overview: By End Use
- Chapter 8. Waste Oil Market - Regional Analysis
- 8.1 Global Waste Oil Market Regional Overview
- 8.2 Global Waste Oil Market Share, by Region, 2022 & 2030 (USD Billion)
- 8.3. North America
- 8.3.1 North America Waste Oil Market, 2023 - 2030 (USD Billion)
- 8.3.1.1 North America Waste Oil Market, by Country, 2023 - 2030 (USD Billion)
- 8.3.1 North America Waste Oil Market, 2023 - 2030 (USD Billion)
- 8.4 North America Waste Oil Market, by Type, 2023 - 2030
- 8.4.1 North America Waste Oil Market, by Type, 2023 - 2030 (USD Billion)
- 8.5 North America Waste Oil Market, by Technology, 2023 - 2030
- 8.5.1 North America Waste Oil Market, by Technology, 2023 - 2030 (USD Billion)
- 8.6 North America Waste Oil Market, by End Use, 2023 - 2030
- 8.6.1 North America Waste Oil Market, by End Use, 2023 - 2030 (USD Billion)
- 8.4. Europe
- 8.4.2 Europe Waste Oil Market, 2023 - 2030 (USD Billion)
- 8.4.2.1 Europe Waste Oil Market, by Country, 2023 - 2030 (USD Billion)
- 8.4.2 Europe Waste Oil Market, 2023 - 2030 (USD Billion)
- 8.4 Europe Waste Oil Market, by Type, 2023 - 2030
- 8.4.1 Europe Waste Oil Market, by Type, 2023 - 2030 (USD Billion)
- 8.5 Europe Waste Oil Market, by Technology, 2023 - 2030
- 8.5.1 Europe Waste Oil Market, by Technology, 2023 - 2030 (USD Billion)
- 8.6 Europe Waste Oil Market, by End Use, 2023 - 2030
- 8.6.1 Europe Waste Oil Market, by End Use, 2023 - 2030 (USD Billion)
- 8.5. Asia Pacific
- 8.5.3 Asia Pacific Waste Oil Market, 2023 - 2030 (USD Billion)
- 8.5.3.1 Asia Pacific Waste Oil Market, by Country, 2023 - 2030 (USD Billion)
- 8.5.3 Asia Pacific Waste Oil Market, 2023 - 2030 (USD Billion)
- 8.4 Asia Pacific Waste Oil Market, by Type, 2023 - 2030
- 8.4.1 Asia Pacific Waste Oil Market, by Type, 2023 - 2030 (USD Billion)
- 8.5 Asia Pacific Waste Oil Market, by Technology, 2023 - 2030
- 8.5.1 Asia Pacific Waste Oil Market, by Technology, 2023 - 2030 (USD Billion)
- 8.6 Asia Pacific Waste Oil Market, by End Use, 2023 - 2030
- 8.6.1 Asia Pacific Waste Oil Market, by End Use, 2023 - 2030 (USD Billion)
- 8.6. Latin America
- 8.6.4 Latin America Waste Oil Market, 2023 - 2030 (USD Billion)
- 8.6.4.1 Latin America Waste Oil Market, by Country, 2023 - 2030 (USD Billion)
- 8.6.4 Latin America Waste Oil Market, 2023 - 2030 (USD Billion)
- 8.4 Latin America Waste Oil Market, by Type, 2023 - 2030
- 8.4.1 Latin America Waste Oil Market, by Type, 2023 - 2030 (USD Billion)
- 8.5 Latin America Waste Oil Market, by Technology, 2023 - 2030
- 8.5.1 Latin America Waste Oil Market, by Technology, 2023 - 2030 (USD Billion)
- 8.6 Latin America Waste Oil Market, by End Use, 2023 - 2030
- 8.6.1 Latin America Waste Oil Market, by End Use, 2023 - 2030 (USD Billion)
- 8.7. The Middle-East and Africa
- 8.7.5 The Middle-East and Africa Waste Oil Market, 2023 - 2030 (USD Billion)
- 8.7.5.1 The Middle-East and Africa Waste Oil Market, by Country, 2023 - 2030 (USD Billion)
- 8.7.5 The Middle-East and Africa Waste Oil Market, 2023 - 2030 (USD Billion)
- 8.4 The Middle-East and Africa Waste Oil Market, by Type, 2023 - 2030
- 8.4.1 The Middle-East and Africa Waste Oil Market, by Type, 2023 - 2030 (USD Billion)
- 8.5 The Middle-East and Africa Waste Oil Market, by Technology, 2023 - 2030
- 8.5.1 The Middle-East and Africa Waste Oil Market, by Technology, 2023 - 2030 (USD Billion)
- 8.6 The Middle-East and Africa Waste Oil Market, by End Use, 2023 - 2030
- 8.6.1 The Middle-East and Africa Waste Oil Market, by End Use, 2023 - 2030 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 J.J. Richards and Sons Pty Ltd
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Goins Waste Oil Company Inc.
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Enva (Rilta Environmental Ltd)
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 All Waste Matters Ltd
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Alexandria Petroleum Company
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Enfields Chemicals CC
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Solway Recycling Ltd
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Business Waste
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Oil Salvage Ltd
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Slicker Recycling
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Safetykleen
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Oil Monster
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 MIB Waste Services
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Falzon Group
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Gecco Fuels
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Valgrove
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 EWOR and Omnia Group
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 Among Others.
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.1 J.J. Richards and Sons Pty Ltd
Table Of Figures
- 1. Market research Type
- 2. Market research methodology
- 3. Global Waste Oil Market, 2023 - 2030 (USD Billion)
- 4. Porter’s Five Forces Analysis
- 5. Global Waste Oil Market attractiveness, By Type
- 6. Global Waste Oil Market attractiveness, By Technology
- 7. Global Waste Oil Market attractiveness, By End Use
- 8. Global Waste Oil Market share by Type, 2023 and 2030 (USD Billion)
- 9. Global Waste Oil Market by Transmission Oils, 2023 - 2030 (USD Billion)
- 10. Global Waste Oil Market by Transformer Oils, 2023 - 2030 (USD Billion)
- 11. Global Waste Oil Market by Hydraulic Oils, 2023 - 2030 (USD Billion)
- 12. Global Waste Oil Market by Fuel Oils, 2023 - 2030 (USD Billion)
- 13. Global Waste Oil Market by Lubricating Oils, 2023 - 2030 (USD Billion)
- 14. Global Waste Oil Market by Metalworking Fluid Oils, 2023 - 2030 (USD Billion)
- 15. Global Waste Oil Market by Refrigerant Oils, 2023 - 2030 (USD Billion)
- 16. Global Waste Oil Market by Others, 2023 - 2030 (USD Billion)
- 17. Global Waste Oil Market share by Technology, 2023 and 2030 (USD Billion)
- 18. Global Waste Oil Market by Vacuum Distillation, 2023 - 2030 (USD Billion)
- 19. Global Waste Oil Market by Hydrogen Treatment, 2023 - 2030 (USD Billion)
- 20. Global Waste Oil Market by Thin Film Evaporation, 2023 - 2030 (USD Billion)
- 21. Global Waste Oil Market by Others, 2023 - 2030 (USD Billion)
- 22. Global Waste Oil Market share by End Use, 2023 and 2030 (USD Billion)
- 23. Global Waste Oil Market by Boiler, 2023 - 2030 (USD Billion)
- 24. Global Waste Oil Market by Road Oil, 2023 - 2030 (USD Billion)
- 25. Global Waste Oil Market by Biodiesel, 2023 - 2030 (USD Billion)
- 26. Global Waste Oil Market by Space Heater, 2023 - 2030 (USD Billion)
- 27. Global Waste Oil Market by Asphalt Plant, 2023 - 2030 (USD Billion)
- 28. Global Waste Oil Market by Re-Refiners, 2023 - 2030 (USD Billion)
- 29. Global Waste Oil Market by Steel Mills, 2023 - 2030 (USD Billion)
- 30. Global Waste Oil Market by Others, 2023 - 2030 (USD Billion)
- 31. Global Waste Oil Market share, by Region, 2023 and 2030
- 32. North America Waste Oil Market, 2023 - 2030 (USD Billion)
- 33. Europe Waste Oil Market, 2023 - 2030 (USD Billion)
- 34. Asia Pacific Waste Oil Market, 2023 - 2030 (USD Billion)
- 35. Latin America Waste Oil Market, 2023 - 2030 (USD Billion)
- 36. The Middle-East and Africa Waste Oil Market, 2023 - 2030 (USD Billion)
Table Of Tables
- 1. Global Waste Oil Market: Snapshot
- 2. Drivers of the Waste Oil Market: impact analysis
- 3. North America Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 4. North America Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 5. North America Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 6. U.S. Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 7. U.S. Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 8. U.S. Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 9. Canada Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 10. Canada Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 11. Canada Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 12. Europe Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 13. Europe Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 14. Europe Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 15. Germany Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 16. Germany Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 17. Germany Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 18. France Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 19. France Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 20. France Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 21. U.K. Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 22. U.K. Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 23. U.K. Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 24. Italy Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 25. Italy Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 26. Italy Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 27. Spain Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 28. Spain Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 29. Spain Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 30. Rest of Europe Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 31. Rest of Europe Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 32. Rest of Europe Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 33. Asia Pacific Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 34. Asia Pacific Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 35. Asia Pacific Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 36. China Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 37. China Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 38. China Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 39. Japan Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 40. Japan Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 41. Japan Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 42. India Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 43. India Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 44. India Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 45. South Korea Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 46. South Korea Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 47. South Korea Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 48. South-East Asia Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 49. South-East Asia Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 50. South-East Asia Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 51. Rest of Asia Pacific Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 52. Rest of Asia Pacific Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 53. Rest of Asia Pacific Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 54. Latin America Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 55. Latin America Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 56. Latin America Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 57. Brazil Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 58. Brazil Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 59. Brazil Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 60. Mexico Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 61. Mexico Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 62. Mexico Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 63. Rest of Latin America Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 64. Rest of Latin America Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 65. Rest of Latin America Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 66. The Middle-East and Africa Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 67. The Middle-East and Africa Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 68. The Middle-East and Africa Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 69. GCC Countries Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 70. GCC Countries Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 71. GCC Countries Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 72. South Africa Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 73. South Africa Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 74. South Africa Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
- 75. Rest of Middle-East Africa Waste Oil Market revenue, By Type, 2023 - 2030 (USD Billion)
- 76. Rest of Middle-East Africa Waste Oil Market revenue, By Technology, 2023 - 2030 (USD Billion)
- 77. Rest of Middle-East Africa Waste Oil Market revenue, By End Use, 2023 - 2030 (USD Billion)
Methodology
FrequentlyAsked Questions
Waste oil is a kind of contaminated petroleum-based oil or synthetic oil with a large presence of impurities and loss of its original features that renders it unfit for its main purpose. The massive use of waste oil along with its recycling at a time when crude oil costs are high worldwide will create the necessity of producing waste oil. The product has many pollutants, chemicals, and dirt.
Large-scale use of waste oil in industrial and vehicle sectors will surge the expansion of the waste oil market in the years to come. Additionally, an increase in funding across the automotive sector along with swift urbanization will impel the market demand. With the introduction of new technologies, the product can be gathered and recycled. This has further imbued the demand for the product across the globe. Enforcement of strict laws about the reduction of hazardous harmful greenhouse emissions will stimulate the waste oil industry expansion.
According to the report, the global market size was worth around USD 47.2 billion in 2022 and is predicted to grow to around USD 67.1 billion by 2030.
The global waste oil market is expected to grow at a CAGR of 4.5% during the forecast period.
The global waste oil market growth is expected to be driven by the Asia Pacific. It is currently the world’s highest revenue-generating market owing to the growing automotive sector as the waste oil is used in making lubricants for automobiles.
The global waste oil market is dominated by players like J.J. Richards and Sons Pty Ltd, Goins Waste Oil Company Inc., Enva (Rilta Environmental Ltd), All Waste Matters Ltd, Alexandria Petroleum Company, Enfields Chemicals CC, Solway Recycling Ltd, Business Waste, Oil Salvage Ltd, Slicker Recycling, Safetykleen, Oil Monster, MIB Waste Services, Falzon Group, Gecco Fuels, Valgrove, EWOR and Omnia Group among others.
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