Global Process Oil Market: Industry Analysis and Forecast (2021-2027) by Type, Applications, and Region

Global Process Oil Market size was valued at US$ 5.04 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 3.7% through 2021 to 2027, reaching nearly US$ 6.50 Bn.

Global Process Oil Market Overview:

The Global Process Oil market was valued at US $5.04 Bn. in 2020, and it is expected to reach US $6.50 Bn. by 2027 with a CAGR of 3.7% during the forecast period. Process oil are specialised mineral oil products used in the chemical and technical industries to manufacture products. They can be used as an ingredient in a finished product or as a processing aid for a raw material or finished product. Global Process Oil Market To know about the Research Methodology :- Request Free Sample Report 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 Process Oil Market Dynamics:

Surging usage of process oil from the health and wellness industry and for premium skincare products. With the growing demand for personal care products, especially from the developing countries drives the market for process oil market. Process oils in various applications ranging from adhesives, sealants and coatings, automobile, agriculture, oil & gas, construction, textiles, household products and others will further augment the growth of process oil market. These are the key major factor that drives the growth of the global process oil market during the forecast period 2021-2027.

Global Process Oil Market Segment Analysis:

The Global Process Oil Market is segmented by Type, and Applications. Based on the Type, the market is segmented into Paraffinic, Aromatic, Naphthenic, and Non-carcinogenic. Non-carcinogenic segment is expected to hold the largest market shares of xx% by 2027. Non-carcinogenic process oils helps to improve abrasion resistance and rolling resistance of tires. Non-carcinogenic process oils are widely used by tire manufacturers for the manufacturing of Styrene-Butadiene Rubber (SBR). These are the key benefits that drives the growth of this segment in the global market during the forecast period. Global Process Oil Market 1 Based on the Applications, the market is segmented into Tire & Rubber, Personal Care, Polymer, Textile, and Others. Tire & Rubber Industries segment is expected to grow rapidly at a CAGR of xx% during the forecast period. This is attributed to increasing demand for manufacturing tires and rubbers for automobiles from emerging economies, such as China and India. This is the key factor that drives the growth of the Tire & Rubber Industries segment in the global market during the forecast period. Global Process Oil Market 2

Global Process Oil Market Regional Insights:

Asia Pacific dominates the global Process Oil market during the forecast period 2021-2027. Asia Pacific is expected to hold the largest market shares of xx% by 2027. This is due to 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. This is the key factor that drives the growth of Asia Pacific region in the global market during the forecast period 2021-2027. North America is expected to grow rapidly at a CAGR of xx% during the forecast period. An increasing demand for process oil in tire and rubber industries, polymer, and textile industries in the region is the major factor that drives the growth of the North America region in the global market during the forecast period 2021-2027. Global Process Oil Market 3 The objective of the report is to present a comprehensive analysis of the Global Process Oil 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 Process Oil Market dynamic, structure by analyzing the market segments and project the Global Process Oil 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 Process Oil Market make the report investor’s guide.

Global Process Oil Market Scope: Inquire before buying

Global Process Oil Market 4

Global Process Oil Market, by Region

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

Global Process Oil Market Key Players

Royal Dutch Shell plc. (Netherlands)Petronas Lubricants Belgium NV (Belgium)Chevron Corporation (U.S.)Nynas AB (Sweden) • Repsol S.A. (Spain) • ORGKHIM Biochemical Holding (Russia) • Avista Oil AG (Germany) • OAO Lukoil (Russia) • Hindustan Petroleum Corporation Limited (India) • Idemitsu Kosan Co., Ltd. (Japan) • Unipetrol Group (Czech Republic) • Panama Petrochem Ltd (India) • Nynas AB (Sweden) • H&R Group (Germany) • Apar Industries (India) • Gandhar Oil Refinery Limited (India) • Hollyfrontier Refining & Marketing LLC (US). • Total S.A. • Lubline • Avista Oil AG

Frequently Asked Questions:

1] What segments are covered in Process Oil Market report? Ans. The segments covered in Process Oil Market report are based on Type, and Applications. 2] Which region is expected to hold the highest share in the Global Process Oil Market? Ans. Asia Pacific is expected to hold the highest share in the Global Process Oil Market. 3] Who are the top key players in the Global Process Oil Market? Ans. Royal Dutch Shell plc. (Netherlands), Petronas Lubricants Belgium NV (Belgium), Chevron Corporation (U.S.), Nynas AB (Sweden), and Repsol S.A. (Spain) are the top key players in the Global Process Oil Market. 4] Which segment holds the largest market share in the Global Process Oil market by 2027? Ans. Non-carcinogenic segment hold the largest market share in the Global Process Oil market by 2027. 5] What is the market size of the Global Process Oil market by 2027? Ans. The market size of the Global Process Oil market is US $6.50 Bn. by 2027. 6] What was the market size of the Global Process Oil market in 2020? Ans. The market size of the Global Process Oil market was worth US $5.04 Bn. in 2020.
1. EXECUTIVE SUMMARY 2. RESEARCH METHODOLOGY 2.1. Market Definition 2.2. Market Scope 2.3. Data Sources 3. MARKET DYNAMICS 3.1. Market Drivers 3.2. Market Restraints 3.3. Market Opportunities 4. END-USER OVERVIEW 4.1. Value Chain Analysis 4.2. Key Trends 5. GLOBAL PROCESS OIL MARKET, BY TYPE (2016-2026) 5.1. Introduction 5.2. Process Oil Market, by Paraffinic 5.2.1. Paraffinic Market Overview 5.2.2. Paraffinic Market Size & Forecast 5.3. Process Oil Market, by Aromatic 5.3.1. Aromatic Market Overview 5.3.2. Aromatic Market Size & Forecast 5.4. Process Oil Market, by Naphthenic 5.4.1. Naphthenic Market Overview 5.4.2. Naphthenic Market Size & Forecast 5.5. Process Oil Market, by Non-carcinogenic 5.5.1. Non-carcinogenic Market Overview 5.5.2. Non-carcinogenic Market Size & Forecast 6. GLOBAL PROCESS OIL MARKET, BY APPLICATION (2016-2026) 6.1. Introduction 6.2. Process Oil Market, by Tire & Rubber 6.2.1. Tire & Rubber Market Overview 6.2.2. Tire & Rubber Market Size & Forecast 6.3. Process Oil Market, by Personal Care 6.3.1. Personal Care Market Overview 6.3.2. Personal Care Market Size & Forecast 6.4. Process Oil Market, by Polymer 6.4.1. Polymer Market Overview 6.4.2. Polymer Market Size & Forecast 6.5. Process Oil Market, by Textile 6.5.1. Textile Market Overview 6.5.2. Textile Market Size & Forecast 6.6. Process Oil Market, by Others 6.6.1. Others Market Overview 6.6.2. Others Market Size & Forecast 7. GLOBAL PROCESS OIL MARKET, BY GEOGRAPHY (2016-2026) 7.1. North America Process Oil Market 7.1.1. North America Process Oil Market, by Type 7.1.2. North America Process Oil Market, by Application 7.1.3. North America Process Oil Market, by Region 7.1.3.1. U.S. Process Oil Market 7.1.3.2. Canada Process Oil Market 7.1.3.3. Rest of North America Process Oil Market 7.2. Europe Process Oil Market 7.2.1. Europe Process Oil Market, by Type 7.2.2. Europe Process Oil Market, by Application 7.2.3. Europe Process Oil Market, by Region 7.2.3.1. France Process Oil Market 7.2.3.2. Germany Process Oil Market 7.2.3.3. U.K .Process Oil Market 7.2.3.4. Rest of Europe Process Oil Market 7.3. Asia Pacific Process Oil Market 7.3.1. Asia-Pacific Process Oil Market, by Type 7.3.2. Asia-Pacific Process Oil Market, by Application 7.3.3. Asia-Pacific Process Oil Market, by Region 7.3.3.1. China Process Oil Market 7.3.3.2. Japan Process Oil Market 7.3.3.3. India Process Oil Market 7.3.3.4. Australia Process Oil Market 7.3.3.5. South Korea Process Oil Market 7.3.3.6. Rest of Asia Pacific Process Oil Market 7.4. Middle East & Africa Process Oil Market 7.4.1. Middle East & Africa Process Oil Market, by Type 7.4.2. Middle East & Africa Process Oil Market, by Application 7.4.3. Middle East & Africa Process Oil Market, by Region 7.4.3.1. South Africa Process Oil Market 7.4.3.2. Egypt Process Oil Market 7.4.3.3. Nigeria Process Oil Market 7.4.3.4. Rest of Middle East & Africa Process Oil Market 7.5. Latin America Process Oil Market 7.5.1. Latin America Process Oil Market, by Type 7.5.2. Latin America Process Oil Market, by Application 7.5.3. Latin America Process Oil Market, by Region 7.5.3.1. Brazil Process Oil Market 7.5.3.2. Argentina Process Oil Market 7.5.3.3. Columbia Process Oil Market 7.5.3.4. Mexico Process Oil Market 7.5.3.5. Rest of Latin America Process Oil Market 8. MARKET COMPETITION ANALYSIS 8.1. Market Share/Positioning Analysis 8.2. Key Innovators 8.3. Company Profiles 8.3.1. Royal Dutch Shell plc. 8.3.1.1. Overview 8.3.1.2. Products/ End-User 8.3.1.3. Strategy 8.3.1.4. Key Developments 8.3.2. Petronas Lubricants Belgium NV 8.3.2.1. Overview 8.3.2.2. Products/ End-User 8.3.2.3. Strategy 8.3.2.4. Key Developments 8.3.3. Chevron Corporation 8.3.3.1. Overview 8.3.3.2. Products/ End-User 8.3.3.3. Strategy 8.3.3.4. Key Developments 8.3.4. Nynas AB 8.3.4.1. Overview 8.3.4.2. Products/ End-User 8.3.4.3. Strategy 8.3.4.4. Key Developments 8.3.5. Repsol S.A. 8.3.5.1. Overview 8.3.5.2. Products/ End-User 8.3.5.3. Strategy 8.3.5.4. Key Developments 8.3.6. ORGKHIM Biochemical Holding 8.3.6.1. Overview 8.3.6.2. Products/ End-User 8.3.6.3. Strategy 8.3.6.4. Key Developments 8.3.7. Avista Oil AG 8.3.7.1. Overview 8.3.7.2. Products/ End-User 8.3.7.3. Strategy 8.3.7.4. Key Developments 8.3.8. OAO Lukoil 8.3.8.1. Overview 8.3.8.2. Products/ End-User 8.3.8.3. Strategy 8.3.8.4. Key Developments 8.3.9. Hindustan Petroleum Corporation Limited 8.3.9.1. Overview 8.3.9.2. Products/ End-User 8.3.9.3. Strategy 8.3.9.4. Key Developments 8.3.10. Idemitsu Kosan Co., Ltd. 8.3.10.1. Overview 8.3.10.2. Products/ End-User 8.3.10.3. Strategy 8.3.10.4. Key Developments 8.3.11. Unipetrol Group (Czech Republic) 8.3.12. Panama Petrochem Ltd (India) 8.3.13. Nynas AB (Sweden) 8.3.14. H&R Group (Germany) 8.3.15. Apar Industries (India) 8.3.16. Gandhar Oil Refinery Limited (India) 8.3.17. Hollyfrontier Refining & Marketing LLC (US). 8.3.18. Total S.A. 8.3.19. Lubline 8.3.20. Avista Oil AG

About This Report

Report ID3441
Category Material & Chemical
Published Dateoct 2019
Updated DateOct 2021
Contact Us