{"id":23323,"date":"2023-06-21T16:28:18","date_gmt":"2023-06-21T09:28:18","guid":{"rendered":"https:\/\/gapki.id\/en\/?p=23323"},"modified":"2023-06-21T16:28:18","modified_gmt":"2023-06-21T09:28:18","slug":"uco-market-sees-exponential-growth-by-2026","status":"publish","type":"post","link":"https:\/\/gapki.id\/en\/news\/2023\/06\/21\/uco-market-sees-exponential-growth-by-2026\/","title":{"rendered":"UCO Market Sees Exponential Growth By 2026"},"content":{"rendered":"<p>The global used cooking oil (UCO) market was pegged at $6.04 billion in 2019, and is projected to garner $8.88 billion by 2026, growing at a CAGR of 5.0% from 2019 to 2026.<!--more--><\/p>\n<p><a href=\"https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/02\/sustainability_palmoil_forestsnews.cifor_.org_.png?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-22659\" src=\"https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/02\/sustainability_palmoil_forestsnews.cifor_.org_.png?resize=938%2C518&#038;ssl=1\" alt=\"\" width=\"938\" height=\"518\" data-id=\"22659\" \/><\/a><\/p>\n<p><strong>Increase in use of UCO as raw material in biodiesel, low cost of production as compared to vegetable oils, and wide application of used cooking oil have boosted the global used cooking oil market. The market across the Asia-Pacific region is expected to register the highest CAGR of 5.9% during the forecast period. On the other hand, the commercial sector held the largest share in 2019, accounting for more than half of the total market.<\/strong><\/p>\n<p>Used cooking oil or waste cooking oil are edible vegetable oils that are produced from the repetitive use of vegetable oil for the purpose of food preparation to a point where it is no longer fit for that purpose. There are two main sources from where used cooking oil can be collected. This includes Commercial sectors such as restaurants, hotels, and caterers (HORECA) and household sectors. The rise in adoption of low-carbon fuels fosters the demand for used cooking oil as feedstock in markets throughout North America, Europe, Asia-Pacific, and Latin America, Middle East and Africa (LAMEA).<\/p>\n<p>Used cooking oil has a wide application that includes the production of grease, polyurethane products, bio lubricants, and hydrogen gas. Most of the lubricants available in the market are petroleum-based. In the case of bio lubricant produced from these virgin oils, about 80 to 90% of production cost is high due to virgin oil used as a raw material. Low cost, easy availability, and non-polluting nature has made used cooking oil popular for the production of bio lubricants.<\/p>\n<p>Furthermore, grease has a wide application in the field of machines as it is used to minimize the friction between mechanical parts of the machines. However, grease is mostly produced from petroleum based raw materials and is non-biodegradable. The production of grease from used cooking oil is an eco-friendly and renewable option, which helps in mitigating the rise in environmental concern. This fact is anticipated propel the used cooking oil market growth in the upcoming years.<\/p>\n<p>The global used cooking oil market is divided on the basis of source, application, and geography. Based on source, the market is segmented into household sector and commercial sector. The household sector is expected to manifest the highest CAGR of 5.4% from 2019 to 2026. However, the commercial sector held the largest share in 2019, accounting for more than half of the total market. This is due to rise in number of food &amp; service industries and hotels that resulted in huge production of used cooking oil across the world.<\/p>\n<p>On the basis of application, the market is categorized into biodiesel, oleochemicals, animal feed, and others. The oleochemical segment is estimated to portray the highest CAGR of 6.2% during the forecast period. However, the bio-diesel segment dominated the market in 2019, accounting for around two-fifths of the market and is expected to maintain its dominance by 2026.<\/p>\n<p>The global used cooking oil market is analyzed across several regions such as North America, Asia-Pacific, Europe, and LAMEA. The market across the Asia-Pacific region is expected to register the highest CAGR of 5.9% during the forecast period. However, the market across North America dominated in 2019, holding more than one-fourth of the market. (*)<\/p>\n<p>Source: <a href=\"https:\/\/industrytoday.co.uk\/market-research-industry-today\/used-cooking-oil-market-to-show-exponential-growth-by-2026-worldwide-value-usd-604-billion\">industrytoday.co.uk<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The global used cooking oil (UCO) market was pegged at $6.04 billion in 2019, and is projected to garner $8.88 billion by 2026, growing at a CAGR of 5.0% from 2019 to 2026.<\/p>\n","protected":false},"author":1,"featured_media":22659,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3708,3709],"tags":[],"class_list":["post-23323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publication","category-recent-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UCO Market Sees Exponential Growth By 2026 - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)<\/title>\n<meta name=\"description\" content=\"On the basis of application, the market is categorized into biodiesel, oleochemicals, animal feed, and others. 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It is based on a new market research report titled,\u00a0\u2018Biodiesel Market\u00a0by Blend (B100, B20, B10, B5), Feedstock (Vegetable Oils {Rapeseed Oil, Palm Oil}, Animal Fats {Poultry, Tallow}), and Application (Fuel\u2026","rel":"","context":"In &quot;Publication&quot;","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2017\/04\/biofuel-.jpeg?fit=610%2C335&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2017\/04\/biofuel-.jpeg?fit=610%2C335&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2017\/04\/biofuel-.jpeg?fit=610%2C335&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":22491,"url":"https:\/\/gapki.id\/en\/news\/2022\/12\/29\/rising-green-awareness-driving-up-uco-demand-for-biofuel\/","url_meta":{"origin":23323,"position":1},"title":"Rising Green Awareness Driving Up UCO Demand For Biofuel","author":"admin","date":"December 29, 2022","format":false,"excerpt":"Used cooking oil or UCO, long a staple in the kitchen, is now powering the engines of aircraft and ships. With temperatures rising across the globe, the search for alternative fuel to reduce carbon emissions is getting more imperative. Sustainable aviation fuel and marine biofuels, which both count used cooking\u2026","rel":"","context":"In &quot;Publication&quot;","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/10\/palmoil_green_shopify.com_.jpg?fit=998%2C615&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/10\/palmoil_green_shopify.com_.jpg?fit=998%2C615&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/10\/palmoil_green_shopify.com_.jpg?fit=998%2C615&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/10\/palmoil_green_shopify.com_.jpg?fit=998%2C615&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":19762,"url":"https:\/\/gapki.id\/en\/news\/2021\/02\/08\/incredible-palm-oil-its-uco-used-to-produce-biodiesel\/","url_meta":{"origin":23323,"position":2},"title":"Incredible Palm Oil! Its UCO Used To Produce Biodiesel","author":"admin","date":"February 8, 2021","format":false,"excerpt":"Jakarta - The cooking oil from palm oil has been very popular in the daily life of Indonesians. After being used to fry foods it becomes what is called the used cooking oil (UCO). Based on the study conducted by the International Council on Clean Transportation (ICCT), the potential of\u2026","rel":"","context":"In &quot;Publication&quot;","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/08\/flyer_nbg_agustus_2021.jpeg?fit=1084%2C1084&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/08\/flyer_nbg_agustus_2021.jpeg?fit=1084%2C1084&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/08\/flyer_nbg_agustus_2021.jpeg?fit=1084%2C1084&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/08\/flyer_nbg_agustus_2021.jpeg?fit=1084%2C1084&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/08\/flyer_nbg_agustus_2021.jpeg?fit=1084%2C1084&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":20512,"url":"https:\/\/gapki.id\/en\/news\/2021\/08\/20\/utilizing-uco-to-produce-biodiesel\/","url_meta":{"origin":23323,"position":3},"title":"Utilizing UCO To Produce Biodiesel","author":"admin","date":"August 20, 2021","format":false,"excerpt":"JAKARTA \u2013 The used cooking oil (UCO) is usually just thrown away after being used to fry foods. But actually, the UCO can still be utilized as an alternative of crude palm oil (CPO) to produce biodiesel. Besides creating the economic benefits, the use of UCO as the alternative of\u2026","rel":"","context":"In &quot;Publication&quot;","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/08\/biodiesel_bisnis.com_.jpg?fit=1007%2C600&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/08\/biodiesel_bisnis.com_.jpg?fit=1007%2C600&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/08\/biodiesel_bisnis.com_.jpg?fit=1007%2C600&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/08\/biodiesel_bisnis.com_.jpg?fit=1007%2C600&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":27197,"url":"https:\/\/gapki.id\/en\/news\/2024\/01\/04\/uco-can-lift-energy-resilience-and-preserve-environment\/","url_meta":{"origin":23323,"position":4},"title":"UCO Can Lift Energy Resilience and Preserve Environment","author":"admin","date":"January 4, 2024","format":false,"excerpt":"JAKARTA \u2013 Traction Energy Asia reported that Indonesia has potential supply of used cooking oil (UCO) at around 1.2 million kiloliters per year, which can be utilized as the raw material to produce biofuel. Refina Muthia Sundari, Research Manager of Traction Energy Asia, said that the UCO is a promising\u2026","rel":"","context":"In &quot;Publication&quot;","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/01\/pelabuhan_cpo_sawitku.id_.jpg?fit=734%2C438&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/01\/pelabuhan_cpo_sawitku.id_.jpg?fit=734%2C438&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/01\/pelabuhan_cpo_sawitku.id_.jpg?fit=734%2C438&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/01\/pelabuhan_cpo_sawitku.id_.jpg?fit=734%2C438&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":22624,"url":"https:\/\/gapki.id\/en\/news\/2023\/02\/03\/palm-oil-to-see-cagr-of-5-1-during-2022-2030\/","url_meta":{"origin":23323,"position":5},"title":"Palm Oil To See CAGR Of 5.1% During 2022 &#8211; 2030","author":"admin","date":"February 3, 2023","format":false,"excerpt":"Palm Oil Market size was valued at US$63.7 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 5.1% in terms of revenue from 2022 to 2030, Analytics Market Research reported last week. The mesocarp of the oil palm fruit is used to make\u2026","rel":"","context":"In &quot;Publication&quot;","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/12\/palmoil_biosciences_greenqueen.com_.hk_.png?fit=884%2C530&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/12\/palmoil_biosciences_greenqueen.com_.hk_.png?fit=884%2C530&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/12\/palmoil_biosciences_greenqueen.com_.hk_.png?fit=884%2C530&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/12\/palmoil_biosciences_greenqueen.com_.hk_.png?fit=884%2C530&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/23323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/comments?post=23323"}],"version-history":[{"count":1,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/23323\/revisions"}],"predecessor-version":[{"id":29236,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/23323\/revisions\/29236"}],"wp:attachment":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media?parent=23323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/categories?post=23323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/tags?post=23323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}