Process oil market
Process Oil Market by Type (Petroleum Oils, Fatty Acid Derivatives, Peptizers, and Others), by Material (Aromatic Oils, Paraffin Oils, Naphthenic Oils, and Others), and by Application (Personal Care, Polymer, Textile, Tire & Rubber, and Others) - Industry Size, Share, Global Trends, Competitive Analysis and Forecast, 2019 to 2025 Update Available - Forecast 2024-2030
Process oils are referred to as a special oil that is widely being consumed in technical and chemical, industry, either in the form of raw material or as an aid to material processing. The growing concern for the utilization of efficient and low energy-based process oil in the automotive industry lead to the growth of the process oil market. Moreover, the increasing adoption of process oils in the personal care industry and textile industry is significantly driving the growth of the global process oil market.
The global process oil market can be segmented on the basis of type, material, and application. On the basis of type, the market is classified as petroleum oils, fatty acid derivatives, peptizers, and others. The market is further segmented on the basis of material, including aromatic oils, paraffin oils, naphthenic oils, and others. Moreover, based on application, the market is segmented into personal care, polymer, textile, tire & rubber, and others. Among materials, the naphthenic oil segment holds a significant share in the process oil market due to the growing demand for process oil in footwear and tire & rubber industries. The naphthenic process oil is light in color and strain less; with outstanding compatibility and low-temperature performance and thermal stability.
The global process oil market is segmented on the basis of a geographical region which includes North America, Europe, Asia-Pacific, and Rest of the World. Among which, Asia-Pacific accounts to contribute a significant share in the global process oil market during the forecast period. Asia-Pacific is considered as a profitable marketplace for the manufacturer of process oil due to high demand for process oil in the tire & rubber industry of the emerging economies of the region, such as China. Moreover, the region consists of the largest population which marks a considerable adoption of petroleum products, in turn, fuels the growth of the market.
The major players operating in the global process oil market include Shell International BV, Total SA, Idemitsu Kosan Co. Ltd., Lanxess AG, ExxonMobil Corp., Saudi Arabian Oil Co., and China National Petroleum Corp. The market players are expanding their production facility by adopting various strategies, including geographical expansion, mergers and acquisition, and partnership and collaboration. For instance, in March 2019, ExxonMobil Corp. and Chevron Corp. announced plans for increasing oil and natural gas production capability in Permian Basin by 2024. Chevron Corp. is planning to expand its oil production facility to 900,000 barrels per day by 2024.
Research Methodology:
The market study of the global process oil market is incorporated by extensive primary and secondary research conducted by a research team. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
- Financial reports of companies involved in the market
- Authentic Public Databases such as the US Department of Commerce, International Trade Administration, and others
- Whitepapers, research-papers and news blogs
- Company websites and their product catalog
The report is intended for oil refining companies, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.
Market Segmentation:
- Global Process Oil Market Research and Analysis by Type
- Global Process Oil Market Research and Analysis by Material
- Global Process Oil Market Research and Analysis by Application
The Report Covers:
- Comprehensive research methodology of the global process oil market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global process oil market.
- Insights about market determinants which are stimulating the global process oil market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders
2. Market Overview and Insights
2.1. Definition
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules &Regulations
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Shell International BV
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Total SA
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Idemitsu Kosan Co. Ltd.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Lanxess AG
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. ExxonMobil Corp.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Process Oil Market by Type
5.1.1. Petroleum Oils
5.1.2. Fatty Acid Derivatives
5.1.3. Peptizers
5.1.4. Others (Liquid Polymers)
5.2. Global Process Oil Market by Material
5.2.1. Aromatic oils
5.2.2. Paraffin Oils
5.2.3. Naphthenic Oils
5.2.4. Others (Non-Carcinogenic)
5.3. Global Process Oil Market by Application
5.3.1. Personal Care
5.3.2. Polymer
5.3.3. Textile
5.3.4. Tire & Rubber
5.3.5. Others (Adhesives & Sealants)
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Apar Industries Ltd.
7.2. AVISTA OIL AG
7.3. Behran Oil Co.
7.4. Calumet Speciality Products Partners, L.P.
7.5. Chevron Corp.
7.6. China National Petroleum Corp.
7.7. Ergon, Inc.
7.8. ExxonMobil Corp.
7.9. Gazprom Group
7.10. Hindustan Petroleum Corp. Ltd.
7.11. Idemitsu Kosan Co., Ltd.
7.12. Kuwait Petroleum Corp.
7.13. Lanxess AG
7.14. Lub Line LLC
7.15. Meiwa Corp.
7.16. Nynas AB
7.17. ORGKHIM Biochemical Holding
7.18. Panama Petrochem Ltd.
7.19. Petróleos Mexicanos
7.20. Petroliam Nasional Berhad (PETRONAS)
7.21. Raj Petro Specialities Pvt. Ltd.
7.22. Rosneft
7.23. Shell International BV
7.24. San Joaquin Refining Co. Inc.
7.25. Saudi Arabian Oil Co.
7.26. Total SA
1. GLOBAL PROCESS OIL MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
2. GLOBAL PETROLEUM OILS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL FATTY ACID DERIVATIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL PEPTIZERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
5. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL PROCESS OIL MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2018-2025 ($ MILLION)
7. GLOBAL AROMATIC OILS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
8. GLOBAL PARAFFIN OILS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
9. GLOBAL NAPHTHENIC OILS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
10. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
11. GLOBAL PROCESS OIL MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
12. GLOBAL PERSONAL CARE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
13. GLOBAL POLYMER MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
14. GLOBAL TEXTILE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
15. GLOBAL TIRE & RUBBER MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
16. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
17. GLOBAL PROCESS OIL MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
18. NORTH AMERICAN PROCESS OIL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
19. NORTH AMERICAN PROCESS OIL MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
20. NORTH AMERICAN PROCESS OIL MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2018-2025 ($ MILLION)
21. NORTH AMERICAN PROCESS OIL MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
22. EUROPEAN PROCESS OIL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
23. EUROPEAN PROCESS OIL MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
24. EUROPEAN PROCESS OIL MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2018-2025 ($ MILLION)
25. EUROPEAN PROCESS OIL MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
26. ASIA-PACIFIC PROCESS OIL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
27. ASIA-PACIFIC PROCESS OIL MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
28. ASIA-PACIFIC PROCESS OIL MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2018-2025 ($ MILLION)
29. ASIA-PACIFIC PROCESS OIL MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
30. REST OF THE WORLD PROCESS OIL MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
31. REST OF THE WORLD PROCESS OIL MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2018-2025 ($ MILLION)
32. REST OF THE WORLD PROCESS OIL MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
1. GLOBAL PROCESS OIL MARKET SHARE BY TYPE, 2018 VS 2025 (%)
2. GLOBAL PROCESS OIL MARKET SHARE BY MATERIAL, 2018 VS 2025 (%)
3. GLOBAL PROCESS OIL MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)
4. GLOBAL PROCESS OIL MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
5. US PROCESS OIL MARKET SIZE, 2018-2025 ($ MILLION)
6. CANADA PROCESS OIL MARKET SIZE, 2018-2025 ($ MILLION)
7. UK PROCESS OIL MARKET SIZE, 2018-2025 ($ MILLION)
8. FRANCE PROCESS OIL MARKET SIZE, 2018-2025 ($ MILLION)
9. GERMANY PROCESS OIL MARKET SIZE, 2018-2025 ($ MILLION)
10. ITALY PROCESS OIL MARKET SIZE, 2018-2025 ($ MILLION)
11. SPAIN PROCESS OIL MARKET SIZE, 2018-2025 ($ MILLION)
12. ROE PROCESS OIL MARKET SIZE, 2018-2025 ($ MILLION)
13. INDIA PROCESS OIL MARKET SIZE, 2018-2025 ($ MILLION)
14. CHINA PROCESS OIL MARKET SIZE, 2018-2025 ($ MILLION)
15. JAPAN PROCESS OIL MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF ASIA-PACIFIC PROCESS OIL MARKET SIZE, 2018-2025 ($ MILLION)
17. REST OF THE WORLD PROCESS OIL MARKET SIZE, 2018-2025 ($ MILLION)
