Global Waste Oil Re-refining Supply, Demand and Key Producers, 2023-2029
The global Waste Oil Re-refining market size is expected to reach $ 3332.7 million by 2029, rising at a market growth of 6.3% CAGR during the forecast period (2023-2029).
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.
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.
This report studies the global Waste Oil Re-refining demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Waste Oil Re-refining, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Waste Oil Re-refining that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Waste Oil Re-refining total market, 2018-2029, (USD Million)
Global Waste Oil Re-refining total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: Waste Oil Re-refining total market, key domestic companies and share, (USD Million)
Global Waste Oil Re-refining revenue by player and market share 2018-2023, (USD Million)
Global Waste Oil Re-refining total market by Type, CAGR, 2018-2029, (USD Million)
Global Waste Oil Re-refining total market by Application, CAGR, 2018-2029, (USD Million).
This reports profiles major players in the global Waste Oil Re-refining market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include AVISTA OIL DEUTSCHLAND, HERITAGE-CRYSTAL CLEAN, SAFETY-KLEEN SYSTEMS, SOUTHERN OIL, VEOLIA, CHINA PETROCHEMICAL CORPORATION, CHINA NATIONAL PETROLEUM CORP, AL HAYA and BENZOIL, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Waste Oil Re-refining market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Waste Oil Re-refining Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Waste Oil Re-refining Market, Segmentation by Type
Hydrotreating Process
Solvent Extraction
Vacuum Distillation
Others
Global Waste Oil Re-refining Market, Segmentation by Application
Industrial Oil
Automobile Oil
Processing Oil
Others
Companies Profiled:
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
Key Questions Answered
1. How big is the global Waste Oil Re-refining market?
2. What is the demand of the global Waste Oil Re-refining market?
3. What is the year over year growth of the global Waste Oil Re-refining market?
4. What is the total value of the global Waste Oil Re-refining market?
5. Who are the major players in the global Waste Oil Re-refining market?