Global Waste Oil Re-refining Market 2023 by Company, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global Waste Oil Re-refining market size was valued at USD 2170.7 million in 2022 and is forecast to a readjusted size of USD 3332.7 million by 2029 with a CAGR of 6.3% during review period.
Waste oil re-refining is a process that involves the purification and regeneration of used or contaminated lubricating oil to produce high-quality base oil that can be used to manufacture new lubricants. Lubricating oils, such as those used in engines and machinery, can become contaminated with impurities and lose their effectiveness over time. Rather than disposing of used oil, which can be environmentally hazardous, re-refining provides a sustainable and environmentally friendly way to recycle and reuse the oil.
Continuous advancements in re-refining technologies are expected, with a focus on improving efficiency, reducing energy consumption, and enhancing the overall process. Innovations in distillation, hydro-treating, and solvent extraction methods may lead to more effective and sustainable re-refining processes.
The Global Info Research report includes an overview of the development of the Waste Oil Re-refining industry chain, the market status of Industrial Oil (Hydrotreating Process, Solvent Extraction), Automobile Oil (Hydrotreating Process, Solvent Extraction), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Waste Oil Re-refining.
Regionally, the report analyzes the Waste Oil Re-refining markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Waste Oil Re-refining market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Waste Oil Re-refining market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Waste Oil Re-refining industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Hydrotreating Process, Solvent Extraction).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Waste Oil Re-refining market.
Regional Analysis: The report involves examining the Waste Oil Re-refining market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Waste Oil Re-refining market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Waste Oil Re-refining:
Company Analysis: Report covers individual Waste Oil Re-refining players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Waste Oil Re-refining This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Industrial Oil, Automobile Oil).
Technology Analysis: Report covers specific technologies relevant to Waste Oil Re-refining. It assesses the current state, advancements, and potential future developments in Waste Oil Re-refining areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Waste Oil Re-refining market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Waste Oil Re-refining market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Hydrotreating Process
Solvent Extraction
Vacuum Distillation
Others
Market segment by Application
Industrial Oil
Automobile Oil
Processing Oil
Others
Market segment by players, this report covers
AVISTA OIL DEUTSCHLAND
HERITAGE-CRYSTAL CLEAN
SAFETY-KLEEN SYSTEMS
SOUTHERN OIL
VEOLIA
CHINA PETROCHEMICAL CORPORATION
CHINA NATIONAL PETROLEUM CORP
AL HAYA
BENZOIL
CATOR
LWART ENVIRONMENTAL SOLUTIONS
MASAFEE
NAS OIL & FUEL
ONE TEN IMPEX
PURAGLOBE
RA.M. OIL
SENER GROUP
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Waste Oil Re-refining product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Waste Oil Re-refining, with revenue, gross margin and global market share of Waste Oil Re-refining from 2018 to 2023.
Chapter 3, the Waste Oil Re-refining competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Waste Oil Re-refining market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Waste Oil Re-refining.
Chapter 13, to describe Waste Oil Re-refining research findings and conclusion.