Distillate Oil Testing Service Market – Global Industry Analysis and Forecast (2021-2027)


Global Distillate Oil Testing Service Market size was valued at US$ 1.42 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 5.5% through 2021 to 2027, reaching nearly US$ 2.07 Bn.

Global Distillate Oil Testing Service Market Overview:

Light fuel oil that has been refined farther than heavier oils is known as distillate oil. Diesel fuel and fuel oil are two examples. The majority of refined products made from crude oil are middle and heavy distillate oils. Refiners, traders, and distributors all focus on the quality and quantity of these distillates. Distillate fuel is a form of internal-combustion fuel used in cars with either mechanical or electric transmissions. Automobiles, locomotives, agricultural machines, as well as space heaters and power generators, all use them.

Global Distillate Oil Testing Service Market

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Though market forecasting through 2027 is based on real output, demand and supply of 2020, 2020 numbers are also estimated on real numbers published by key players as well all important players across the world. Market forecasting till 2027 is done based on past data from 2016 to 2019 with the impact of global lock down on the market in 2020 and 2021.

Global Distillate Oil Testing Service Market Dynamics:

As the temperature rises, the distillation test measures the proportion of vaporised fuel. If the temperature at which 90% of the fuel is vaporised is too high, the fuel may remain in liquid form within the cylinder, displacing the lubricant and resulting in oil dilution. Testing distillate oil can increase the lifespan of equipment and detect early indicators of contamination and damage.

Increased production capacity of oil manufacturers for domestic and international trade parallels rising demand for transportation fuels around the world, opening the way for distillate oil testing service providers. Various government bodies are making strong appeals to move away from fossil fuels and toward alternate transportation fuels in order to reduce net carbon emissions and improve energy security. As a result, distillate oil testing providers now offer biofuel analysis services obtained from renewable energy sources.

Government approvals for distillate oil testing services are also seek in a number of countries. The Basque Government in Spain, for example, has given Intertek Group Plc permission to conduct legal audits on occupational risk prevention systems. These are the major factor that drives the growth of the global market during the forecast period.

Global Distillate Oil Testing Service Market Segment Analysis:

The Global Distillate Oil Testing Service Market is segmented by Test Type, Service Type, and End-Use.

Based on the Test Type, the market is segmented into Ash Content, Pour Point, Flashpoint, Oxidation Stability, and Others. Ash Content segment is expected to hold the largest market shares of xx% by 2027. As most international standards, such as ASTM and ISO, require ash content test is the key factor that drives the growth of the Ash Content segment in the global market in the forecast period.

Global Distillate Oil Testing Service Market 1

Based on the End Use, the market is segmented into Refineries, Chemical, Research & Academic, and Others. Refineries and Chemical industry segments are expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. There has been an increase in the demand and production of petroleum products in the refineries and chemical industries for distillation oil testing services. This is the key factor that drives the growth of the Refineries and Chemical industry segments in the global market in the forecast period.

Global Distillate Oil Testing Service Market Regional Insights:

North America dominates the Global Market during the forecast period 2021-2027. North America is expected to hold the largest market shares of xx% by 2027. The rising demand for distillate oil testing services in the North America region in various industries such as chemical, refineries, and others is the major key factor that drives the growth of the North America region in the global market in the forecast period.

Asia Pacific is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. On the back of some macro factors such as increasing contribution of chemical sector to GDP growth and rapid industrialisation, along with significant growth of end-use industries, increasing population, and strong presence of service providers, this growth is expected to be driven by rapidly growing refineries and chemical industries. These are the key factors that drives the growth of Asia Pacific region in the global market in the forecast period.

The objective of the report is to present a comprehensive analysis of the Global Distillate Oil Testing Service Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also helps in understanding the Global Distillate Oil Testing Service Market dynamic, structure by analyzing the market segments and project the Global Distillate Oil Testing Service Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Distillate Oil Testing Service Market make the report investor’s guide.

Global Distillate Oil Testing Service Market Scope: Inquire before buying






Global Distillate Oil Testing Service Market




Report Coverage
Details




Base Year:
2020
Forecast Period:
2021-2027




Historical Data:
2016 to 2020
Market Size in 2020:
US $ 1.42 Bn.




Forecast Period 2021 to 2027 CAGR:
5.5%
Market Size in 2027:
US $ 2.07 Bn.




 Segments Covered:
by Service Type
•Off-Site
• On-Site




by Test Type
• Ash Content
• Pour Point
• Flashpoint
• Oxidation Stability
• Others




by End-Use
• Refineries
• Chemical
• Research & Academic
• Others






Global Distillate Oil Testing Service Market, by Region

• North America
• Europe
• Asia Pacific
• South America
• Middle East and Africa

Global Distillate Oil Testing Service Market Key Players

• Thermo Fisher Scientific
• ALS Limited
• Intertek Group
• SGS SA
• BEREAU VERITAS
• AmSpec
• Polytest Laboratories
• Hymech Engineers
• Chem-Tech Laboratories Private Limited
• Archer Techworks
• ICRC Enterprise
• Tuv India Private Limited
• Minimac Systems Pvt Ltd
• Sheetal Analytical Laboratory
• Vats Filters Technology Private Limited
• Others

Frequently Asked Questions:

1] What segments are covered in Distillate Oil Testing Service Market report?
Ans. The segments covered in Distillate Oil Testing Service Market report are based on Test Type, Service Type, and End-Use.

2] Which region is expected to hold the highest share in the Global Distillate Oil Testing Service Market?
Ans. North America is expected to hold the highest share in the Global Distillate Oil Testing Service Market.

3] Who are the top key players in the Global Distillate Oil Testing Service Market?
Ans. Thermo Fisher Scientific, ALS Limited, Intertek Group, SGS SA, and BEREAU VERITAS are the top key players in the Global Distillate Oil Testing Service Market.

4] Which segment holds the largest market share in the Global Distillate Oil Testing Service market by 2027?
Ans. Ash Content test type segment hold the largest market share in the Global Distillate Oil Testing Service market by 2027.

5] What is the market size of the Global Distillate Oil Testing Service market by 2027?
Ans. The market size of the Global Distillate Oil Testing Service market is US $2.07 Bn. by 2027.

6] What was the market size of the Global Distillate Oil Testing Service market in 2020?
Ans. The market size of the Global Distillate Oil Testing Service market was worth US $1.42 Bn. in 2020. 




1. Preface
1.1. Market Definition and Key Research Objectives
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Distillate Oil Testing Service Market Size, by Market Value (US$ Mn)
3.1. Global Market Segmentation
3.2. Global Market Segmentation Share Analysis, 2020
3.2.1. Global
3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
3.3. Geographical Snapshot of the Distillate Oil Testing Service Market
3.4. Geographical Snapshot of the Distillate Oil Testing Service Market, By Manufacturer share
4. Global Distillate Oil Testing Service Market Overview, 2020-2027
4.1. Market Dynamics
4.1.1. Drivers
4.1.1.1. Global
4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.2. Restraints
4.1.2.1. Global
4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.3. Opportunities
4.1.3.1. Global
4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.4. Challenges
4.1.4.1. Global
4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.5. Industry Trends and Emerging Technologies
4.1.6. Porters Five Forces Analysis
4.1.6.1. Threat of New Entrants
4.1.6.2. Bargaining Power of Buyers/Consumers
4.1.6.3. Bargaining Power of Suppliers
4.1.6.4. Threat of Substitute Products
4.1.6.5. Intensity of Competitive Rivalry
4.1.7. Value Chain Analysis
4.1.8. Technological Roadmap
4.1.9. Regulatory landscape
4.1.10. Impact of the Covid-19 Pandemic on the Global Distillate Oil Testing Service Market
5. Supply Side and Demand Side Indicators
6. Global Distillate Oil Testing Service Market Analysis and Forecast, 2020-2027
6.1. Global Distillate Oil Testing Service Market Size & Y-o-Y Growth Analysis.
7. Global Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
7.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
7.1.1. Ash Content
7.1.2. Pour Point
7.1.3. Flashpoint
7.1.4. Oxidation Stability
7.1.5. Others
7.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
7.2.1. Off-Site
7.2.2. On-Site
7.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
7.3.1. Refineries
7.3.2. Chemical
7.3.3. Research & Academic
7.3.4. Others
8. Global Distillate Oil Testing Service Market Analysis and Forecasts, By Region
8.1. Market Size (Value) Estimates & Forecast By Region, 2020-2027
8.1.1. North America
8.1.2. Europe
8.1.3. Asia-Pacific
8.1.4. Middle East & Africa
8.1.5. South America
9. North America Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
9.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
9.1.1. Ash Content
9.1.2. Pour Point
9.1.3. Flashpoint
9.1.4. Oxidation Stability
9.1.5. Others
9.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
9.2.1. Off-Site
9.2.2. On-Site
9.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
9.3.1. Refineries
9.3.2. Chemical
9.3.3. Research & Academic
9.3.4. Others
10. North America Distillate Oil Testing Service Market Analysis and Forecasts, By Country
10.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027
10.1.1. US
10.1.2. Canada
10.1.3. Mexico
11. U.S. Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
11.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
11.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
11.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
12. Canada Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
12.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
12.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
12.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
13. Mexico Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
13.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
13.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
13.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
14. Europe Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
14.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
14.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
14.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
15. Europe Distillate Oil Testing Service Market Analysis and Forecasts, By Country
15.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027
15.1.1. U.K
15.1.2. France
15.1.3. Germany
15.1.4. Italy
15.1.5. Spain
15.1.6. Sweden
15.1.7. CIS Countries
15.1.8. Rest of Europe
16. U.K. Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
16.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
16.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
16.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
17. France Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
17.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
17.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
17.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
18. Germany Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
18.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
18.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
18.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
19. Italy Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
19.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
19.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
19.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
20. Spain Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
20.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
20.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
20.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
21. Sweden Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
21.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
21.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
21.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
22. CIS Countries Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
22.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
22.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
22.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
23. Rest of Europe Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
23.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
23.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
23.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
24. Asia Pacific Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
24.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
24.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
24.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
25. Asia Pacific Distillate Oil Testing Service Market Analysis and Forecasts, by Country
25.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027
25.1.1. China
25.1.2. India
25.1.3. Japan
25.1.4. South Korea
25.1.5. Australia
25.1.6. ASEAN
25.1.7. Rest of Asia Pacific
26. China Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
26.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
26.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
26.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
27. India Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
27.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
27.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
27.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
28. Japan Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
28.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
28.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
28.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
29. South Korea Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
29.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
29.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
29.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
30. Australia Crushing and Screening Systems Market Analysis and Forecasts, 2020-2027
30.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
30.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
30.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
31. ASEAN Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
31.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
31.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
31.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
32. Rest of Asia Pacific Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
32.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
32.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
32.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
33. Middle East Africa Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
33.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
33.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
33.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
34. Middle East Africa Distillate Oil Testing Service Market Analysis and Forecasts, by Country
34.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027
34.1.1. South Africa
34.1.2. GCC Countries
34.1.3. Egypt
34.1.4. Nigeria
34.1.5. Rest of ME&A
35. South Africa Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
35.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
35.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
35.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
36. GCC Countries Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
36.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
36.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
36.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
37. Egypt Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
37.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
37.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
37.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
38. Nigeria Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
38.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
38.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
38.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
39. Rest of ME&A Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
39.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
39.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
39.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
40. South America Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
40.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
40.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
40.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
41. South America Distillate Oil Testing Service Market Analysis and Forecasts, by Country
41.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027
41.1.1. Brazil
41.1.2. Argentina
41.1.3. Rest of South America
42. Brazil Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
42.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
42.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
42.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
43. Argentina Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
43.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
43.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
43.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
44. Rest of South America Distillate Oil Testing Service Market Analysis and Forecasts, 2020-2027
44.1. Market Size (Value) Estimates & Forecast By Test Type, 2020-2027
44.2. Market Size (Value) Estimates & Forecast By Service Type, 2020-2027
44.3. Market Size (Value) Estimates & Forecast By End-Use, 2020-2027
45. Competitive Landscape
45.1. Geographic Footprint of Major Players in the Global Distillate Oil Testing Service Market
45.2. Competition Matrix
45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment
45.2.2. New Product Launches and Product Enhancements
45.2.3. Market Consolidation
45.2.3.1. M&A by Regions, Investment and Verticals
45.2.3.2. M&A, Forward Integration and Backward
Integration
45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
45.3. Company Profile : Key Players
45.3.1. Thermo Fisher Scientific
45.3.1.1. Company Overview
45.3.1.2. Financial Overview
45.3.1.3. Geographic Footprint
45.3.1.4. Product Portfolio
45.3.1.5. Business Strategy
45.3.1.6. Recent Developments
45.3.2. ALS Limited
45.3.3. Intertek Group
45.3.4. SGS SA
45.3.5. BEREAU VERITAS
45.3.6. AmSpec
45.3.7. Polytest Laboratories
45.3.8. Hymech Engineers
45.3.9. Chem-Tech Laboratories Private Limited
45.3.10. Archer Techworks
45.3.11. ICRC Enterprise
45.3.12. Tuv India Private Limited
45.3.13. Minimac Systems Pvt Ltd
45.3.14. Sheetal Analytical Laboratory
45.3.15. Vats Filters Technology Private Limited
45.3.16. Others
46. Primary Key Insights
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