During the fractional distillation of crude oil, the heated oil fraction is removed to derive process oils from it. Process oils are more volatile than gasoline and are mixtures of naphthenic, paraffinic, and aromatic compounds in varying proportions. Lubricants play a crucial role in sectors such as automotive, aviation, manufacturing, and marine. They are used for the maintenance of both new and old machines and equipment to reduce friction, which increases over time because of the wear and tear of working surfaces.
Asia-Pacific is estimated to be the largest market for process oils in 2018 and is projected to witness the highest growth between 2018 and 2023. The high growth in emerging economies has made Asia-Pacific a lucrative market for the manufacturers of process oils. The growth of the tire and rubber industries in China and India has resulted in the high consumption of process oils in these countries in recent years.
Global Process Oil market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Process Oil.
This report researches the worldwide Process Oil market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Process Oil breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Chevron
Nynas
Petrochina Lubricant
Royal Dutch Shell
Total
Phillips 66
Exxonmobil
Repsol
Idemitsu Kosan
Sunoco LP
Behran Oil
Paras Lubricants
Process Oil Breakdown Data by Type
Naphthenic
Paraffinic
Aromatic
Non-carcinogenic
Process Oil Breakdown Data by Application
Tire & Rubber
Polymer
Personal Care
Textile
Others
Process Oil Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Process Oil Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Process Oil capacity, production, value, consumption, status and forecast;
To focus on the key Process Oil manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Process Oil :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Process Oil . Industry analysis & Market Report on Process Oil is a syndicated market report, published as Global Process Oil Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Process Oil market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.