The Global Waste Oil Recycling Market was valued at $3725 million in 2024 and is projected to reach $5664 million by 2031, growing at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period. This growth is being driven by stringent environmental regulations, rising awareness of circular economy practices, and increasing demand for re-refined base oils and fuels across industrial and automotive sectors.

As industries worldwide prioritize sustainability and resource conservation, the spotlight is on the key players who are driving innovation in collection, processing, and re-refining technologies. In this blog, we profile the Top 10 Companies in the Waste Oil Recycling Industry—a mix of specialized recyclers, environmental service providers, and integrated waste management firms shaping the future of sustainable oil recovery.

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🔟 1. Safety-Kleen (Clean Harbors)

Headquarters: Richardson, Texas, USA
Key Offering: Used Oil Collection, Re-Refining, Base Oils, Parts Washers

Safety-Kleen stands as North America’s largest re-refiner of used oil, processing hundreds of millions of gallons annually through its advanced facilities. The company serves automotive, industrial, and commercial clients with comprehensive closed-loop solutions that transform waste oil into high-quality re-refined base oils and lubricants.

Sustainability Initiatives:

• Re-refining over 200 million gallons of used oil yearly

• Development of low-carbon KLEEN+ base oils

• Extensive collection network across the US and Canada

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

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9️⃣ 2. World Oil Corp.

Headquarters: South Gate, California, USA
Key Offering: Used Oil Recycling, Petroleum Product Recovery, Environmental Services

World Oil has built a strong reputation in the western United States for its integrated recycling and production of petroleum products. The company emphasizes end-to-end solutions focused on sustainability, helping clients manage used oil while recovering valuable resources for reuse in various applications.

Sustainability Initiatives:

• Advanced processing technologies for maximum resource recovery

• Commitment to reducing landfill dependency through recycling

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8️⃣ 3. Veolia

Headquarters: Aubervilliers, France
Key Offering: Waste Oil Treatment, Re-Refining, Hazardous Waste Management

As a global environmental services leader, Veolia operates extensive waste oil recycling programs across multiple continents. The company leverages advanced treatment technologies to convert waste oils into fuels and raw materials, supporting industrial clients in meeting strict regulatory requirements.

Sustainability Initiatives:

• Global circular economy programs for oil recovery

• Investment in innovative waste-to-resource technologies

• Partnerships with municipalities and industries for collection

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7️⃣ 4. Clean Harbors

Headquarters: Norwell, Massachusetts, USA
Key Offering: Used Oil Recycling, Environmental Services, Incineration Alternatives

Clean Harbors provides comprehensive hazardous and non-hazardous waste management, with a strong focus on used oil through its Safety-Kleen division. The company operates one of the largest networks for collection and processing, turning waste into valuable re-refined products.

Sustainability Initiatives:

• Operation of multiple re-refineries across North America

• Focus on reducing greenhouse gas emissions through recycling

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

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6️⃣ 5. Noble Oil Services

Headquarters: Sanford, North Carolina, USA
Key Offering: Used Oil Collection, Recycling, Custom Service Programs

Noble Oil Services is recognized as one of the largest privately held used oil recycling companies in the United States. It offers tailored programs for collection and processing, serving a wide range of industrial and commercial customers with state-of-the-art equipment and solutions.

Sustainability Initiatives:

• Customized oil management programs

• Emphasis on regulatory compliance and environmental protection

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5️⃣ 6. Valicor

Headquarters: United States
Key Offering: Industrial Oil Services, Used Oil Collection, Reclamation

Valicor specializes in comprehensive oil services, including route collection, vacuum truck services, and reclamation of industrial oils. The company helps clients recover value from waste streams while maintaining high environmental standards.

Sustainability Initiatives:

• Reclamation and recycling of industrial lubricants

• Support for manufacturing sectors in waste minimization

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4️⃣ 7. Lorco

Headquarters: United States
Key Offering: Waste Oil Processing, Recycling Services

Lorco plays a vital role in the collection and processing of various waste oils, providing reliable services to industries seeking compliant and efficient recycling solutions. The company focuses on transforming used oils into usable products for energy and other applications.

Sustainability Initiatives:

• Processing for biodiesel and industrial fuel production

• Partnerships for expanded collection networks

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

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3️⃣ 8. Orrco Recycles

Headquarters: United States
Key Offering: Used Motor Oil Recycling, Environmental Compliance Services

Orrco Recycles has established itself as a trusted provider in waste oil management, offering collection and recycling services that help prevent environmental contamination. The company supports both small businesses and large industrial operations with dependable solutions.

Sustainability Initiatives:

• Focus on proper disposal and resource recovery

• Community and business education on recycling benefits

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2️⃣ 9. Thermo Fluids

Headquarters: United States
Key Offering: Used Oil Recycling, Antifreeze Recovery, Green Shield Services

Thermo Fluids delivers responsible waste management solutions with a strong emphasis on sustainability. Its specialized programs handle used oil, antifreeze, and related materials, converting them into valuable resources while minimizing environmental impact.

Sustainability Initiatives:

• Green Shield Services for comprehensive recycling

• Engineering controls for best-practice environmental management

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1️⃣ 10. FP Petro Products / Similar Specialized Recyclers

Headquarters: United States
Key Offering: Petroleum Product Recycling, Waste Oil to Fuel Conversion

Companies like FP Petro Products contribute significantly to the market by focusing on specialized processing of waste oils into fuels and other industrial products. They support the growing demand for alternative energy sources derived from recycled materials.

Sustainability Initiatives:

• Conversion technologies for industrial fuel production

• Support for circular economy practices in energy sector

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

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🌍 Outlook: The Future of Waste Oil Recycling Is Resourceful and Sustainable

The waste oil recycling market is experiencing a significant transformation. While collection and basic processing remain foundational, the industry is investing in advanced re-refining technologies, improved logistics, and integration with broader circular economy frameworks to maximize value recovery from used oils.

📈 Key Trends Shaping the Market:

• Expansion of re-refining capacity in North America and Europe

• Increasing regulatory mandates for proper waste oil management

• Growth in biodiesel and industrial fuel applications from recycled oils

• Technological advancements in purification and quality enhancement

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

The companies listed above are not only managing waste oil—they’re leading the transition toward a more sustainable, resource-efficient future by turning potential pollutants into valuable assets.