"Revolutionizing Industries: Explore the Future with Maximize Market Research's Used Cooking Oil Market Report"
Anticipated Growth in Revenue:
The Used Cooking Oil Market was valued at USD 7.50 Bn in 2023 and is expected to reach USD 11.35 Bn by 2030, at a CAGR of 6.1 % during the forecast period.
Used Cooking Oil Market Overview
Application segment with the quickest growth :
Biodiesel, Oleo Chemicals, Animal feed, Cosmetics, and Others are the market segments based on application. The market for used cooking oil was led by the biodiesel category in 2023, and this trend is anticipated to continue during the forecast period. Used cooking oil is the primary component used to make biofuel, primarily biodiesel. Biofuels are in great demand due to the expansion of the U.S. Renewable Fuel Standard. A limited amount of biofuel must be added to gasoline and diesel fuel suppliers' products by this federal law-mandated regulation. Its goals are to lessen greenhouse gas emissions and the US's reliance on nonrenewable petroleum. It guarantees that the fuel you put in your tank contains 2%, 5%, or 20% biodiesel rather than just diesel.
Used Cooking Oil Market Segmentation: The Art of Unveilingby Module
by Source
Food Services
Household
Others
by Application
Biodiesel
Oleo Chemicals
Animal feed
Cosmetics
Others
Used Cooking Oil Market Key Players :
1. Darling Ingredients Inc. - Irving, Texas, USA
2. Valley Proteins Inc. - Winchester, Virginia, USA
3. Baker Commodities Inc. - Vernon, California, USA
4. Griffin Industries - Cold Spring, Kentucky, USA
5. Biomatrix Water - Victoria, British Columbia, Canada
6. Olleco - West Sussex, England, UK
7. Greenergy International Ltd. - London, England, UK
8. Argent Energy - Motherwell, Scotland, UK
9. UCO Corporation - Yokohama, Japan
10. Mahoney Environmental - Joliet, Illinois, USA
11. SeQuential - Eugene, Oregon, USA
12. General Biodiesel - Seattle, Washington, USA
13. Green Energy Biofuel - Winnsboro, South Carolina, USA
14. Dynamic Lifecycle Innovations - Onalaska, Wisconsin, USA
15. Blackgold Biofuels - Philadelphia, Pennsylvania, USA
16. MBP Solutions - Nottingham, England, UK
17. TerraVia Holdings, Inc. - South San Francisco, California, USA
18. Chemoil Corporation - San Francisco, California, USA
19. Argent Energy (UK) Ltd. - London, England, UK
20. REG Bio-Power - Albert Lea, Minnesota, USA
21. Bioenergy Solutions - Hartland, Wisconsin, USA
22. Harrowden Turf Ltd. - Northamptonshire, England, UK
23. Lake Erie Biofuels dba HERO BX - Erie, Pennsylvania, USA
24. Alternative Fuel Company - Bakersfield, California, USA
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