"Reaching New Heights: Maximize Market Research Pvt Ltd's Insights into the Used Cooking Oil Market"
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
Used Cooking Oil Market Scope and Methodology:
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Application segment with the quickest growth :
The market is divided into categories based on application, including biodiesel, animal feed, cosmetics, oleo chemicals, and others. Throughout the forecast period, the biodiesel category is anticipated to hold the highest share of the used cooking oil market, having dominated the market in 2023. The primary component used to make biofuel, particularly biodiesel, is used cooking oil. The reason for the increased demand for biofuels is the extended U.S. Renewable Fuel Standard. This standard is a federal law that requires petrol and diesel producers to add a tiny amount of biofuel to their products. It seeks to lessen both the US reliance on non-renewable fuel and greenhouse gas emissions. It makes sure that you add 2%, 5%, or 20% biodiesel to your tank instead of just regular diesel fuel.
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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Used Cooking Oil Market Regional Insights
Key Questions answered in the Used Cooking Oil Market Report are:
- What are the Used Cooking Oil Market segments?
- Which Used Cooking Oil market segment is expected to grow rapidly during the forecast period?
- What is the expected CAGR of the Used Cooking Oil market during the forecast period?
- Who are the top players in the Used Cooking Oil industry?
- Which region is expected to grow at a high CAGR during the forecast period?
Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast by Revenue | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments, sub-segments and region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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