5.9.8.4Vertical

Used Oil & Solvent Recovery

Companies collecting and re-refining used lubricants and solvents.

Market snapshot

These figures describe Industrial Waste Management (5.9.8), the segment that Used Oil & Solvent Recovery sits within — not Used Oil & Solvent Recovery on its own.

Market size
~$12B
Growth
~2.5%CAGR (2017–22, nominal)
Companies
~1,400
FragmentationConsolidatingEstimate

U.S. Census Bureau 2022 CBP/Economic Census, NAICS 562112 (hazardous waste collection) + 562211 (hazardous waste treatment & disposal); municipal solid waste is tracked under Infrastructure & Utilities.

Business model & economics

Revenue model

Hazardous-waste collection, treatment, and disposal fees

Key economics

Recurring revenue
High

recurring regulated-waste service

EBITDA margin
Strong

permitted-infrastructure economics

Capex intensity
High

Characteristics

  • Consolidated around hazardous-waste majors.
  • Permitted facilities create high entry barriers.
  • PFAS and emerging contaminants a growth area.

Geographic concentration

AlaskaArizonaColoradoFloridaGeorgiaIndianaKansasMaineMinnesotaNorth CarolinaNorth DakotaOklahomaPennsylvaniaSouth DakotaTexasWyomingConnecticutMissouriWest VirginiaIllinoisNew MexicoArkansasCaliforniaDelawareDistrict of ColumbiaHawaiiIowaKentuckyMichiganMississippiMontanaNew HampshireNew YorkOhioOregonTennesseeUtahVirginiaWashingtonWisconsinNebraskaSouth CarolinaIdahoNevadaVermontLouisianaRhode IslandAlabamaMassachusettsNew JerseyMaryland

Industrial waste management concentrates by employment in New Jersey, Alabama, Massachusetts, and Maryland — states with dense chemical and manufacturing activity generating regulated waste.

New JerseyAlabamaMassachusettsMaryland

U.S. Census Bureau — 2022 County Business Patterns (employment by state), NAICS 562112. Concentration shown by location quotient.

M&A deal context

Deal activityModerate

Who’s acquiring

  • Hazardous-waste majors
  • Environmental-services strategics
  • PE-backed waste platforms

What’s driving deals

  • Regulation- and compliance-driven demand.
  • PFAS and emerging-contaminant treatment.
  • Permitted-infrastructure consolidation.

Find Used Oil & Solvent Recovery acquisition targets

Search Acquisera’s index for companies classified under Used Oil & Solvent Recovery (5.9.8.4) and build a targeted deal pipeline.

Search companies