Used Cooking Oil (UCO) Is Used For Cooking Food In Commercial Sectors

Used Cooking Oil (UCO)

Definition

Used cooking oil is also known as waste vegetable oil. The used cooking oil is produced as a result of the repeated use of vegetable oils used for cooking food in commercial sectors as well as household sectors. Used cooking oil can be derived from a range of vegetable oils including sunflower, rape, soya, palm, and others and generally comes in mixed composition.

Drivers & Restraints

Increase in the use of used cooking oil as a feedstock for the production of biodiesel drives the growth of the used cooking oil market. Moreover, wide application of used cooking in the production of hydrogen gas, grease, oleo chemicals, bio lubricants, animal feed, and others has also increased the demand for used cooking oil in these industries. This in turn fosters the growth of the market.

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Segments-

Type-

Household Sector

Commercial Sector

Application-

Bio Diesel

Oleo Chemicals

Animal Feed

Others

Regional Analysis

The market has been segment into North America, South America, Europe, Asia-Pacific, and Middle East and Africa. Europe accounted for the highest market share in 2018 owing to the rise in environmental concern and supportive government regulation

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Companies-

  • Valley Proteins, Inc.
  • Arrow Oils Ltd
  • Brocklesby Limited.
  • GRAND NATURAL INC.
  • Olleco
  • Oz Oils Pty Ltd
  • Greasecycle, LLC
  • Proper Oils Company Ltd.
  • Baker Commodities Inc.
  • Waste Oil Recyclers