Market overview
The global used oil recycling market is worth USD 8.8 bn in 2026 and is forecast to reach USD 13.1 bn by 2036, growing at a 4.0% CAGR. United States is the largest country market and Reprocessing to fuel oil is the largest by process segment.
| Scope | Collection and processing of used engine, industrial and hydraulic oil into re-refined base oil, recycled fuel oil and other products, counted by revenue from sales of processed oil and collection services. |
|---|---|
| Industry | Services and Utilities |
| Value 2025 | USD 8.5 bn |
| Value 2026 | USD 8.8 bn |
| Value 2036 | USD 13.1 bn |
| CAGR 2026-2036 | 4.0% |
| Volume 2026 | 20.7 million tonnes |
| Volume 2036 | 29.1 million tonnes |
| Average price 2026 | USD 427 per tonne |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Used Oil Recycling market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 8.8 bn |
| 2027 | USD 9.2 bn |
| 2028 | USD 9.6 bn |
| 2029 | USD 9.9 bn |
| 2030 | USD 10.3 bn |
| 2031 | USD 10.8 bn |
| 2032 | USD 11.2 bn |
| 2033 | USD 11.6 bn |
| 2034 | USD 12.1 bn |
| 2035 | USD 12.6 bn |
| 2036 | USD 13.1 bn |
Used Oil Recycling market segmentation
By process
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Re-refining to base oil | 30.0% | 35.8% | USD 2.7 bn | 5.9% |
| Reprocessing to fuel oil | 52.0% | 46.6% | USD 4.6 bn | 2.9% |
| Vacuum distillation and diesel recovery | 10.0% | 10.4% | USD 884 mn | 4.4% |
| Other recovery | 8.0% | 7.2% | USD 707 mn | 2.9% |
By source
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Automotive lubricants | 58.0% | 56.8% | USD 5.1 bn | 3.8% |
| Industrial oils | 24.0% | 24.6% | USD 2.1 bn | 4.3% |
| Marine oils | 10.0% | 10.8% | USD 884 mn | 4.8% |
| Other | 8.0% | 7.8% | USD 707 mn | 3.8% |
By end product use
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Lubricant blending | 38.0% | 41.0% | USD 3.4 bn | 4.8% |
| Industrial burner fuel | 34.0% | 30.0% | USD 3.0 bn | 2.7% |
| Marine and power fuel | 16.0% | 15.0% | USD 1.4 bn | 3.3% |
| Asphalt and other uses | 12.0% | 14.0% | USD 1.1 bn | 5.6% |
By service provider
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Large recyclers | 44.0% | 43.0% | USD 3.9 bn | 3.8% |
| Regional collectors | 36.0% | 36.0% | USD 3.2 bn | 4.0% |
| Oil company take-back schemes | 20.0% | 21.0% | USD 1.8 bn | 4.5% |
By plant capacity
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Below 50 kt per year | 28.0% | 24.0% | USD 2.5 bn | 2.4% |
| 50 to 150 kt per year | 40.0% | 40.0% | USD 3.5 bn | 4.0% |
| Above 150 kt per year | 32.0% | 36.0% | USD 2.8 bn | 5.2% |
Top 25 countries for used oil recycling by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 76.0% of 2026 revenue and the 25 countries below together hold 93.3%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | United States | USD 2.3 bn | 26.0% | USD 3.2 bn | 3.5% |
| 2 | China | USD 1.2 bn | 14.0% | USD 2.0 bn | 5.0% |
| 3 | Germany | USD 619 mn | 7.0% | USD 877 mn | 3.5% |
| 4 | India | USD 530 mn | 6.0% | USD 955 mn | 6.1% |
| 5 | Japan | USD 442 mn | 5.0% | USD 563 mn | 2.4% |
| 6 | United Kingdom | USD 354 mn | 4.0% | USD 497 mn | 3.5% |
| 7 | France | USD 354 mn | 4.0% | USD 497 mn | 3.5% |
| 8 | South Korea | USD 354 mn | 4.0% | USD 523 mn | 4.0% |
| 9 | Brazil | USD 265 mn | 3.0% | USD 406 mn | 4.3% |
| 10 | Canada | USD 265 mn | 3.0% | USD 379 mn | 3.6% |
| 11 | Russia | USD 245 mn | 2.8% | USD 361 mn | 4.0% |
| 12 | Mexico | USD 210 mn | 2.4% | USD 309 mn | 4.0% |
| 13 | Italy | USD 179 mn | 2.0% | USD 264 mn | 4.0% |
| 14 | Spain | USD 153 mn | 1.7% | USD 226 mn | 4.0% |
| 15 | Netherlands | USD 131 mn | 1.5% | USD 194 mn | 4.0% |
| 16 | Poland | USD 112 mn | 1.3% | USD 165 mn | 3.9% |
| 17 | Turkey | USD 95 mn | 1.1% | USD 141 mn | 4.0% |
| 18 | Australia | USD 82 mn | 0.9% | USD 120 mn | 3.9% |
| 19 | Indonesia | USD 70 mn | 0.8% | USD 130 mn | 6.4% |
| 20 | Thailand | USD 60 mn | 0.7% | USD 88 mn | 3.9% |
| 21 | Saudi Arabia | USD 51 mn | 0.6% | USD 76 mn | 4.0% |
| 22 | Argentina | USD 43 mn | 0.5% | USD 64 mn | 4.0% |
| 23 | Belgium | USD 37 mn | 0.4% | USD 55 mn | 4.0% |
| 24 | South Africa | USD 32 mn | 0.4% | USD 47 mn | 4.0% |
| 25 | Egypt | USD 27 mn | 0.3% | USD 51 mn | 6.4% |
| Rest of world | USD 594 mn | 6.7% | USD 836 mn | 3.5% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- Clean Harbors
- Veolia
- Vertex Energy
- Safety-Kleen
- Avista Oil
Group 2: Regional and specialist players
- Heritage-Crystal Clean
- Hydrodec
- Viscolube
- Enva
- Breslube
Group 3: Emerging and niche players
- Puraglobe
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the used oil recycling market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 4.0% is calculated from the resulting values.
The market is divided by process, by source, by end product use, by service provider, by plant capacity. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the used oil recycling market?
The global used oil recycling market is estimated at USD 8.5 bn in 2025 and USD 8.8 bn in 2026.
How fast will the used oil recycling market grow?
It is forecast to reach USD 13.1 bn by 2036, a compound annual growth rate of 4.0% from 2026, an increase of USD 4.2 bn.
Which country is the largest market for used oil recycling?
United States is the largest market by revenue at USD 2.3 bn in 2026, 26.0% of the global total. The three largest countries together hold 47.0%.
Which country is growing fastest?
Among the ten largest markets, India is growing fastest at 6.1% a year from 2026 to 2036.
Which used oil recycling segment is largest?
In the by process split, Reprocessing to fuel oil is the largest segment with 52.0% of 2026 revenue.
Who are the leading used oil recycling companies?
Global leaders include Clean Harbors, Veolia, Vertex Energy, Safety-Kleen.
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