The Global Waste Oil Recycling Market was valued at approximately USD 3.62 Billion in 2023 and is projected to reach USD 5.38 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.80% during the forecast period (2025–2032). This growth is being driven by increasing environmental awareness, stricter government regulations on used oil disposal, and the accelerating adoption of re-refining and biodiesel conversion technologies across industrial and automotive sectors worldwide.

As the waste management industry transforms toward circular economy models and sustainable resource utilization, the spotlight is on the key recyclers and re-refiners who are driving innovation, efficiency, and cleaner environmental pathways. In this blog, we profile the Top 10 Companies in the Waste Oil Recycling Industry—a mix of environmental service providers, re-refiners, and sustainability pioneers shaping the future of global used oil management.

---

📺 1. Safety-Kleen Systems, Inc.

Headquarters: Richardson, Texas, USA
Key Offering: Used Oil Collection, Re-Refining, Industrial Solvent Recycling

Safety-Kleen is widely recognized as one of North America’s most prominent waste oil recycling companies, providing comprehensive used oil collection, recycling, and re-refining services across the United States and Canada. The company operates an extensive network of re-refining facilities and collection routes, making it a cornerstone of the North American used oil management ecosystem. Safety-Kleen processes millions of gallons of used oil annually, converting it into high-quality base lubricants and fuel products that re-enter commercial supply chains.

Sustainability Initiatives:

• Operates multiple re-refining facilities producing Group II base oils from used motor oil

• Dedicated to diverting used oil from landfills and unauthorized disposal sites

• Active participant in closed-loop lubricant recycling programs with industrial clients

Download FREE Sample Report:
Waste Oil Recycling Market – View in Detailed Research Report

---

&#9️⃣ 2. Veolia Environment S.A.

Headquarters: Aubervilliers, France
Key Offering: Hazardous Waste Management, Used Oil Collection, Industrial Fluid Recycling

Veolia is a global environmental services giant with a significant footprint in waste oil recycling and industrial fluid management. Operating across more than 50 countries, Veolia provides end-to-end solutions for the collection, treatment, and valorization of used oils and industrial lubricants. Its diversified service portfolio spans municipal, industrial, and commercial sectors, making it one of the most geographically diverse players in the global market.

Sustainability Initiatives:

• Committed to transforming waste streams into reusable resources as part of its ecological transformation strategy

• Invests in advanced treatment technologies to maximize oil recovery rates

---

&#8️⃣ 3. Tradebe Environmental Services

Headquarters: Barcelona, Spain
Key Offering: Used Oil Recycling, Hazardous Waste Treatment, Industrial Services

Tradebe is a leading provider of environmental and industrial waste management services, with operations spanning Europe and North America. The company handles a broad range of used oil types, including lubricating oils, hydraulic fluids, and industrial process oils. Tradebe’s integrated approach to waste management allows it to offer clients comprehensive compliance solutions alongside practical recycling outcomes.

Sustainability Initiatives:

• Focused on recovering energy and material value from industrial waste streams

• Employs advanced thermal and chemical processes to maximize recycled oil output

---

&#7️⃣ 4. Lorco Petroleum Services

Headquarters: Camden, New Jersey, USA
Key Offering: Used Oil Re-Refining, Fuel Blending, Industrial Waste Oil Services

Lorco Petroleum Services has built a strong reputation in the northeastern United States as a reliable recycler and re-refiner of used motor oils and industrial lubricants. The company collects used oil from automotive shops, fleet operators, and manufacturing facilities, processing it into recycled fuel oil and other valuable petroleum products. Lorco’s regional expertise and established client relationships make it a trusted name in the domestic waste oil recycling sector.

Sustainability Initiatives:

• Processes used oil into industrial fuel blends, reducing dependence on virgin petroleum

• Operates compliant used oil transfer facilities to support proper disposal chains

Download FREE Sample Report:
Waste Oil Recycling Market – View in Detailed Research Report

---

&#6️⃣ 5. World Oil Corp.

Headquarters: Signal Hill, California, USA
Key Offering: Used Oil Collection, Recycling, Industrial Fluid Management

World Oil Corp. is a well-established California-based company specializing in the collection and recycling of used motor oils and industrial fluids. Serving clients across the Western United States, the company has developed a robust logistics infrastructure for used oil pickup, transfer, and processing. World Oil is particularly known for its commitment to regulatory compliance and its customer-centric approach to waste oil management.

Sustainability Initiatives:

• Provides certified used oil collection services in compliance with California environmental regulations

• Partners with industrial and automotive clients to promote responsible oil disposal practices

---

&#5️⃣ 6. Nobleoil

Headquarters: Cleveland, Ohio, USA
Key Offering: Used Oil Re-Refining, Base Oil Production, Lubricant Recycling

Nobleoil focuses on re-refining used lubricating oils into high-quality base oils that can be reintroduced into the lubricant supply chain. The company employs modern re-refining techniques that yield base oil products meeting or exceeding API standards, making recycled oils genuinely competitive with virgin alternatives. This positions Nobleoil as an important contributor to the circular economy model within the North American lubricants sector.

Sustainability Initiatives:

• Re-refining processes designed to produce API Group II equivalent base oils from used motor oil

• Supports the reduction of greenhouse gas emissions associated with virgin base oil production

---

&#4️⃣ 7. MTB (Multiservice Tecnologias Blandas)

Headquarters: France
Key Offering: Used Oil Collection, Re-Refining, Industrial Waste Management

MTB is a French environmental services company with a growing presence in used oil collection and recycling across Western Europe. The company serves a wide range of industries, including automotive, manufacturing, and transport, providing compliant used oil pickup and processing services. MTB’s focus on operational efficiency and regulatory adherence has allowed it to build a reliable presence in the competitive European market.

Sustainability Initiatives:

• Aligned with European Union Waste Framework Directive requirements for used oil management

• Invests in collection route optimization to minimize the environmental footprint of logistics operations

---

&#3️⃣ 8. Mid States Oil Refining Company

Headquarters: Illinois, USA
Key Offering: Used Oil Re-Refining, Fuel Oil Production, Lubricant Recycling

Mid States Oil Refining Company has decades of experience in the re-refining of used lubricating oils into fuel oil and other petroleum products. Serving the Midwest United States, the company operates a processing facility that handles large volumes of used motor and industrial oils, converting them into commercially viable fuel products. Mid States is a dependable regional player that contributes meaningfully to waste oil diversion efforts in its operating territory.

Sustainability Initiatives:

• Recycles used oil into industrial burner fuel, displacing virgin fuel oil consumption

• Works with automotive service centers and industrial accounts to ensure proper oil collection

Download FREE Sample Report:
Waste Oil Recycling Market – View in Detailed Research Report

---

&#2️⃣ 9. Jinghong Renewable Resources Co., Ltd.

Headquarters: China
Key Offering: Waste Oil Recycling, Re-Refining, Industrial Oil Recovery

Jinghong Renewable Resources is one of the notable Chinese players in the waste oil recycling sector, operating recycling and re-refining facilities that serve the rapidly growing industrial base across China. As China’s industrial output continues to expand, the volume of used lubricating and industrial oils being generated has grown substantially, creating strong demand for companies like Jinghong that can process and recover value from these streams. The company plays a meaningful role in supporting China’s national sustainability and circular economy objectives.

Sustainability Initiatives:

• Supports Chinese government initiatives to reduce environmental contamination from used oil

• Focuses on recovering high-purity base oils and industrial fuel products from collected waste oils

---

&#1️⃣ 10. FP Petro Products

Headquarters: India
Key Offering: Used Oil Collection, Re-Refining, Base Oil Production

FP Petro Products is an emerging player in the South Asian waste oil recycling space, providing used oil collection and re-refining services to automotive and industrial clients across India. With India’s vehicle fleet expanding at a significant pace and industrial activity accelerating, the country generates substantial volumes of used lubricating oil each year. FP Petro Products is positioned to address this growing need while contributing to India’s national environmental goals around responsible waste management and resource recovery.

Sustainability Initiatives:

• Supports domestic recycling infrastructure development to reduce dependence on imported base oils

• Engages with automotive service networks to improve used oil collection rates across urban and semi-urban areas

Get Full Report Here:
Waste Oil Recycling Market – View in Detailed Research Report

---

🌎 Outlook: The Future of Waste Oil Recycling Is Cleaner and More Resource-Efficient

The waste oil recycling market is undergoing a meaningful transformation. While collection and fuel blending have historically dominated the sector, the industry is now investing heavily in advanced re-refining technologies, biodiesel feedstock conversion, and digitally managed collection logistics that improve transparency, efficiency, and environmental outcomes across entire supply chains.

📈 Key Trends Shaping the Market:

• Rapid expansion of re-refining capacity in North America, Europe, and Asia-Pacific as demand for recycled base oils grows

• Regulatory mandates in the EU, US, and emerging markets requiring formal used oil collection and disposal programs

• Growing use of waste oil as a feedstock for biodiesel and industrial fuel production, supporting renewable energy targets

• Adoption of digital tracking and logistics platforms to improve collection efficiency and compliance reporting

• Increased collaboration between automakers, lubricant brands, and recyclers to establish closed-loop oil programs

Get Full Report Here:
Waste Oil Recycling Market – View in Detailed Research Report

The companies listed above are not only managing global waste oil streams—they’re spearheading the green transition of industrial resource management, turning one of the most persistent environmental hazards into a valuable, reusable commodity.