Waste Oil Market
Waste Oil Market - Global Industry Assessment & Forecast
Segments Covered
- By Type Transmission Oils, Engine Oils, Refrigeration & Compressor Oils, Metalworking Fluids & Oils, Lubricants, Other Types
- By Technology Vacuum Distillation Process, Distillation Hydrogen Treatment, Thin-film Evaporation, Other Technologies
- By Applications Waste Oil Boilers, Biodiesel, Special Space Heaters, Steel Mills, Re-Refiners, Asphalt Plants, Other Applications
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 45.94 Billion |
Revenue 2030: | USD 64.83 Billion |
Revenue CAGR (2023 - 2030): | 4.40% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Waste Oil Market Segment Analysis
- Waste Oil Type Outlook (Revenue, USD Million, 2018 - 2030)
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- Waste Oil Technology Outlook (Revenue, USD Million, 2018 - 2030)
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- Waste Oil Applications Outlook (Revenue, USD Million, 2018 - 2030)
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
-
North America Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
-
North America Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- U.S.
- U.S. Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- U.S. Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- U.S. Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- U.S. Waste Oil Market, by Type
- Canada
- Canada Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- Canada Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- Canada Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- Canada Waste Oil Market, by Type
-
Mexico
- Mexico Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- Mexico Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- Mexico Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- Mexico Waste Oil Market, by Type
-
North America Waste Oil Market, by Type
- Europe
-
Europe Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
-
Europe Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
-
Europe Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- U. K.
- U.K. Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- U.K. Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- U.K. Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- U.K. Waste Oil Market, by Type
- France
- France Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- France Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- France Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- France Waste Oil Market, by Type
-
Germany
- Germany Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- Germany Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- Germany Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- Germany Waste Oil Market, by Type
-
Italy
- Italy Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- Italy Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- Italy Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- Italy Waste Oil Market, by Type
-
Spain
- Spain Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- Spain Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- Spain Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- Spain Waste Oil Market, by Type
-
Rest of Europe
- Rest of Europe Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- Rest of Europe Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- Rest of Europe Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- Rest of Europe Waste Oil Market, by Type
-
Europe Waste Oil Market, by Type
- Asia Pacific
-
Asia Pacific Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
-
Asia Pacific Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
-
Asia Pacific Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- China
- China Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- China Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- China Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- China Waste Oil Market, by Type
- Japan
- Japan Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- Japan Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- Japan Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- Japan Waste Oil Market, by Type
-
Germany
- Germany Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- Germany Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- Germany Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- Germany Waste Oil Market, by Type
-
India
- India Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- India Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- India Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- India Waste Oil Market, by Type
-
South Korea
- South Korea Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- South Korea Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- South Korea Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- South Korea Waste Oil Market, by Type
-
South East Asia
- South East Asia Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- South East Asia Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- South East Asia Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- South East Asia Waste Oil Market, by Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- Rest of Asia Pacific Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- Rest of Asia Pacific Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- Rest of Asia Pacific Waste Oil Market, by Type
-
Asia Pacific Waste Oil Market, by Type
- Latin America
-
Latin America Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
-
Latin America Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
-
Latin America Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- Brazil
- Brazil Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- Brazil Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- Brazil Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- Brazil Waste Oil Market, by Type
- Argentina
- Argentina Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- Argentina Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- Argentina Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- Argentina Waste Oil Market, by Type
-
Rest of Latin America
- Rest of Latin America Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- Rest of Latin America Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- Rest of Latin America Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- Rest of Latin America Waste Oil Market, by Type
-
Latin America Waste Oil Market, by Type
- Middle East & Africa
-
Middle East & Africa Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
-
Middle East & Africa Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
-
Middle East & Africa Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- GCC Countries
- GCC Countries Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- GCC Countries Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- GCC Countries Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- GCC Countries Waste Oil Market, by Type
- South Africa
- South Africa Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- South Africa Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- South Africa Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- South Africa Waste Oil Market, by Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Waste Oil Market, by Type
- Transmission Oils
- Engine Oils
- Refrigeration & Compressor Oils
- Metalworking Fluids & Oils
- Lubricants
- Other Types
- Rest of Middle East & Africa Waste Oil Market, by Technology
- Vacuum Distillation Process
- Distillation Hydrogen Treatment
- Thin-film Evaporation
- Other Technologies
- Rest of Middle East & Africa Waste Oil Market, by Applications
- Waste Oil Boilers
- Biodiesel
- Special Space Heaters
- Steel Mills
- Re-Refiners
- Asphalt Plants
- Other Applications
- Rest of Middle East & Africa Waste Oil Market, by Type
-
Middle East & Africa Waste Oil Market, by Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Waste Oil in terms of revenue?
-
The global Waste Oil valued at USD 45.94 Billion in 2022 and is expected to reach USD 64.83 Billion in 2030 growing at a CAGR of 4.40%.
Which are the prominent players in the market?
-
The prominent players in the market are Alexandria Petroleum Company (Egypt), All Waste Matters Ltd. (UK), Business Waste (UK), Enfields Chemicals (South Africa), Enva (UK), EWOR Group (Sweden), Falzon Group (Malta), Gecco Fuels (UK), Goins Waste Oil company Inc. (US), J.J. Richards and Sons Pty Ltd. (Australia), MIB Waste Services (South Africa), Oil Salvage Ltd. (UK), Omnia Group (South Africa), Safety-Kleen Systems Inc. (US), Slicker Recycling (UK), Solway Recycling Ltd. (UK), Valgrove (UK).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.40% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Waste Oil include
- Industrialization growth is increasing the demand for waste oil
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Waste Oil in 2022.