CAGR Value :
Global UCO Biofuel market was valued at USD 11.11 billion in 2024. The market is projected to grow from USD 13.28 billion in 2025 to USD 33.94 billion by 2032, exhibiting a CAGR of 19.7% during the forecast period.
Report Studies :
UCO Biofuel is a renewable energy source produced from used cooking oil through processes such as transesterification. These biofuels serve as sustainable alternatives to conventional fossil fuels, primarily used in transportation applications while also finding usage in power generation and industrial processes. The production involves recycling waste oils into biodiesel or hydrotreated vegetable oil (HVO), significantly reducing carbon emissions compared to petroleum-based fuels.
By Types :
Non-cooking Waste Oils and Fats
Cooking Waste Oils and Fats
Key Industry Players
• Neste (Finland)
• Darling Ingredients (U.S.)
• Münzer Bioindustrie (Austria)
• Chevron Renewable Energy Group (U.S.)
• Greenergy (UK)
• SunOil (Germany)
• Veolia (France)
• Olleco (UK)
• Shandong Hi-Speed Renewable Energy Group (China)
• Fujian Zhongyu Energy Co., Ltd. (China)
• Jiaao Enprotech Co., Ltd. (China)
• Beijing Haidian New Energy Technology Co., Ltd. (China)
• Hebei Jingu Co., Ltd. (China)
• Zhongqi Group (China)
• Dadi Renewable Energy Co., Ltd. (China)