The global Used Engine Oil Recycling market size is predicted to grow from US$ 2662 million in 2025 to US$ 3780 million in 2031; it is expected to grow at a CAGR of 6.0% from 2025 to 2031.

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.

LPI (LP Information) newest research report, the Used Engine Oil Recycling Industry Forecast looks at past sales and reviews total world Used Engine Oil Recycling sales in 2024, providing a comprehensive analysis by region and market sector of projected Used Engine Oil Recycling sales for 2025 through 2031. With Used Engine Oil Recycling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Used Engine Oil Recycling industry.

This Insight Report provides a comprehensive analysis of the global Used Engine Oil Recycling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Used Engine Oil Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Used Engine Oil Recycling market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Used Engine Oil Recycling and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Used Engine Oil Recycling.

This report presents a comprehensive overview, market shares, and growth opportunities of Used Engine Oil Recycling market by product type, application, key players and key regions and countries.

Segmentation by Type:

    Diesel Engine Oil
    Gasoline Engine Oil

Segmentation by Application:

    Regenerated Engine Oil
    Concrete Release Agent
    Oily Road Surface
    Maintain Chain
    Boiler Fuel
    Others

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the companys coverage, product portfolio, its market penetration.

    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.