Global Recycled Base Oil Market- Industry Analysis and Forecast (2020-2027) – by Application and Region.

Global Recycled Base Oil Market drivers and restraints are covered in the MMR report by region since each region has different market dynamics. Demand drivers and restraints are covered in a separate chapter by keeping the user’s convenience in mind. Drivers are divided by demand-side drivers and supply side. Such as,

• Demand Side Drivers:

• Automotive industry is expected to dominate North America Recycled Base Oil Market during the forecast period, accounting a share of XX%. • The U.S. is expected to dominate the global market with US$ XX Mn by 2027 thanks to growing demand for eco-friendly lubricants in industrial applications. • The demand for hydraulic fluids like petroleum and bio-based oil increased by XX % in 2020. • Demand drivers in detail by region and applications are analyzed in the report in brief.

• Supply Side Drivers:

• The market is driven by large players meeting xx% of the demand, which include supplier, and distributors • These players are pushing multiple offerings at different price points • Key players are adopting collaborative business strategy because of major factors such as to increase their productivity of recycled oil, to offer highly-regarded products to customers, and to expand their regional and countrywide presences. • Valvoline LLC is one of the global leading marketing and suppliers of lubricants and automotive services. In 2019, the total revenue of Valvoline was US$ 2.39 Bn. Drivers: Increasing environmental concern, rising number of automobiles across the world, growing demand for eco-friendly lubricants, among others are the key factors resulting in the market to grow at a CAGR of XX% by 2027.

Growing Demand for Eco-Friendly Lubricants

Growing demand for eco-friendly lubricants in industrial usages, such as metalworking fluids, heat transfer fluids, and hydraulic fluids is driving the demand for recycled base oil in Europe and North America.

Environmental and Safety Benefits

Major players are working towards a cleaner world with solutions that benefit are expected to have less negative impact on environment. When oils are collected separately, energy is saved in the processing and the CO2 footprint of the product is reduced. This makes it possible to save natural resources and achieve savings in costs.

Restraints: Lack of Knowledge for Recycling Of Used Oils

The global recycled base oil market is hampered by lack of knowledge for recycling of used oils. Due to lack of environmental awareness in some of the countries like middle east and south America, most of this used oil ends up in the ground or trash soil.

Opportunities: Industrial and Automotive Industry Growth

Rising FDIs and growing urbanization in the industrial and automotive sector, mainly in China, Korea and India are expected to offer significant opportunities to manufacturers of recycled base oil in the upcoming years.

Covid-19 Impact on the Global Recycled Base Oil market:

• Impact on the automotive industry: in 2020, more than 80% of automotive production in the USA has come to a halt due to the COVID-19 pandemic. • Impact on industrial oil: The demand for industrial oil is highly dependent on factors like economic health and the recovery of the manufacturing industry and others. The industrial segment has changed dramatically since Dec 2019 down to the COVID-19 pandemic, which has activated extreme financial uncertainty. • The MMR report covers an in-depth analysis of COVID 19 pandemic impact industry, global and regional market, and raw material suppliers.

Global Recycled Base Oil Market Segment Analysis:

Global Recycled Base Oil Market To know about the Research Methodology :- Request Free Sample Report Automotive Fields segment dominated the Global Recycled Base Oil Market in 2019, accounting for a share of XX%. Rising prices of crude oil and petrochemical sources are dropping are encouraging oil companies to find new methods to utilize and re-refine waste oil. This major factor is driving the demand for recycled base oil in automotive industry across the globe. Growing the population in the economies like China, India is driving the demand for the automotive industry, and thus boosting the market for the automotive field segment of the recycled base oil. Likewise, the MMR report will provide an accurate prediction of the contribution of the various segments to the growth of the automotive field’s market size globally.

Global Recycled Base Oil Market Region-wise Analysis:

Regional analysis is a highly comprehensive part of the research and analysis study of the global recycled base oil market presented in the MMR report. Asia Pacific is expected to grow at the highest CAGR of XX.23% and is expected to reach a value of US$ XX.44 Mn by 2027. Implementation of stringent rules and regulations on the disposal of recycled oil in emerging countries such as India, China, Indonesia, and Japan, is expected to offer a significant opportunity to companies of recycled base oil operating in the APAC during 2019-2027. Rising GDP led by the growing industrial activities in the APAC region has increased the demand for base oil in 2019. Additionally, the growth of automotive, metalworking fluids and other industry are responsible for the growth of the APAC recycled base oil market.

Global Recycled Base Oil Market Competitive Analysis:

The MMR report also focuses on global major leading industry players of Global Recycled Base Oil Market providing information such as company profiles, production, cost, and revenue. For Example, Valvoline is the major player in the global market for recycled base oil. In 2020, the total revenue of Valvoline was US$ XX Mn. Valvoline LLC has launched a new line of motor oil that contains 50% recycled oil. The NextGen brand decreases fossil fuel use, lowers emissions and aids keep used oil out of water supplies. The objective of the report is to present a comprehensive analysis of the Global Recycled Base Oil Market including all the stakeholders of the industry. The past and current status of the industry with 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 includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has 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 report also helps in understanding Global Recycled Base Oil Market dynamics, structure by analyzing the market segments and projects the Global Recycled Base Oil Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Recycled Base Oil Market make the report investor’s guide.

Scope of the Global Recycled Base Oil Market: Inquire before buying

Global Recycled Base Oil Market1

Key Players operating in the Global Recycled Base Oil Market:

• Valvoline LLC • Vision Recycling and Reprocessing LLC • Gulf Basin Petroleum Recycling Co. • Fortum Corporation • Terrapure Environmental • Hering –VPT GmbH • SHARAF CO OIL REFINERY AND IND .CO.LLC • National Friendly Environment LLC • Green Oil and Lubes SRL • Rahaoil Inc. • LOTOS OIL Sp.z.o.o • Southern Counties Lubricants LLC • Inmaa International • Benzoil Pvt Ltd. • EcoLube Recovery • Rajkamal Group Of Companies • Others
Global Recycled Base Oil Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 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 Recycled Base Oil Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Recycled Base Oil Market Analysis and Forecast 6.1. Recycled Base Oil Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Recycled Base Oil Market Analysis and Forecast, By Application 7.1. Introduction and Definition 7.2. Key Findings 7.3. Recycled Base Oil Market Value Share Analysis, By Application 7.4. Recycled Base Oil Market Size (US$ Bn) Forecast, By Application 7.5. Recycled Base Oil Market Analysis, By Application 7.6. Recycled Base Oil Market Attractiveness Analysis, By Application 8. Global Recycled Base Oil Market Analysis, by Region 8.1. Recycled Base Oil Market Value Share Analysis, by Region 8.2. Recycled Base Oil Market Size (US$ Bn) Forecast, by Region 8.3. Recycled Base Oil Market Attractiveness Analysis, by Region 9. North America Recycled Base Oil Market Analysis 9.1. Key Findings 9.2. North America Recycled Base Oil Market Overview 9.3. North America Recycled Base Oil Market Value Share Analysis, By Application 9.4. North America Recycled Base Oil Market Forecast, By Application 9.4.1. Automotive Fields 9.4.2. Process Oils 9.4.3. Industrial Oils 9.4.4. Metalworking Fluids 9.4.5. Hydraulic Fluids 9.4.6. Others 9.5. North America Recycled Base Oil Market Value Share Analysis, by Country 9.6. North America Recycled Base Oil Market Forecast, by Country 9.6.1. US 9.6.2. Canada 9.6.3. Mexico 9.7. North America Recycled Base Oil Market Analysis, by Country 9.8. USA Recycled Base Oil Market Forecast, By Application 9.8.1. Automotive Fields 9.8.2. Process Oils 9.8.3. Industrial Oils 9.8.4. Metalworking Fluids 9.8.5. Hydraulic Fluids 9.8.6. Others 9.9. Canada Recycled Base Oil Market Forecast, By Application 9.9.1. Automotive Fields 9.9.2. Process Oils 9.9.3. Industrial Oils 9.9.4. Metalworking Fluids 9.9.5. Hydraulic Fluids 9.9.6. Others 9.10. Mexico Recycled Base Oil Market Forecast, By Application 9.10.1. Automotive Fields 9.10.2. Process Oils 9.10.3. Industrial Oils 9.10.4. Metalworking Fluids 9.10.5. Hydraulic Fluids 9.10.6. Others 9.11. North America Recycled Base Oil Market Attractiveness Analysis 9.11.1. By Application 9.12. PEST Analysis 9.13. Key Trends 9.14. Key Developments 10. Europe Recycled Base Oil Market Analysis 10.1. Key Findings 10.2. Europe Recycled Base Oil Market Overview 10.3. Europe Recycled Base Oil Market Value Share Analysis, By Application 10.4. Europe Recycled Base Oil Market Forecast, By Application 10.4.1. Automotive Fields 10.4.2. Process Oils 10.4.3. Industrial Oils 10.4.4. Metalworking Fluids 10.4.5. Hydraulic Fluids 10.4.6. Others 10.5. Europe Recycled Base Oil Market Value Share Analysis, by Country 10.6. Europe Recycled Base Oil Market Forecast, by Country 10.6.1. UK 10.6.2. France 10.6.3. Germany 10.6.4. Italy 10.6.5. Spain 10.6.6. CIS countries 10.6.7. Rest of Europe 10.7. Europe Recycled Base Oil Market Analysis, by Country 10.8. UK Recycled Base Oil Market Forecast, By Application 10.8.1. Automotive Fields 10.8.2. Process Oils 10.8.3. Industrial Oils 10.8.4. Metalworking Fluids 10.8.5. Hydraulic Fluids 10.8.6. Others 10.9. France Recycled Base Oil Market Forecast, By Application 10.9.1. Automotive Fields 10.9.2. Process Oils 10.9.3. Industrial Oils 10.9.4. Metalworking Fluids 10.9.5. Hydraulic Fluids 10.9.6. Others 10.10. Germany Recycled Base Oil Market Forecast, By Application 10.10.1. Automotive Fields 10.10.2. Process Oils 10.10.3. Industrial Oils 10.10.4. Metalworking Fluids 10.10.5. Hydraulic Fluids 10.10.6. Others 10.11. Italy Recycled Base Oil Market Forecast, By Application 10.11.1. Automotive Fields 10.11.2. Process Oils 10.11.3. Industrial Oils 10.11.4. Metalworking Fluids 10.11.5. Hydraulic Fluids 10.11.6. Others 10.12. Spain Recycled Base Oil Market Forecast, By Application 10.12.1. Automotive Fields 10.12.2. Process Oils 10.12.3. Industrial Oils 10.12.4. Metalworking Fluids 10.12.5. Hydraulic Fluids 10.12.6. Others 10.13. CIS countries Recycled Base Oil Market Forecast, By Application 10.13.1. Automotive Fields 10.13.2. Process Oils 10.13.3. Industrial Oils 10.13.4. Metalworking Fluids 10.13.5. Hydraulic Fluids 10.13.6. Others 10.14. Rest of Europe Recycled Base Oil Market Forecast, By Application 10.14.1. Automotive Fields 10.14.2. Process Oils 10.14.3. Industrial Oils 10.14.4. Metalworking Fluids 10.14.5. Hydraulic Fluids 10.14.6. Others 10.15. Europe Recycled Base Oil Market Attractiveness Analysis 10.15.1. By Application 10.16. PEST Analysis 10.17. Key Trends 10.18. Key Developments 11. Asia Pacific Recycled Base Oil Market Analysis 11.1. Key Findings 11.2. Asia Pacific Recycled Base Oil Market Overview 11.3. Asia Pacific Recycled Base Oil Market Value Share Analysis, By Application 11.4. Asia Pacific Recycled Base Oil Market Forecast, By Application 11.4.1. Automotive Fields 11.4.2. Process Oils 11.4.3. Industrial Oils 11.4.4. Metalworking Fluids 11.4.5. Hydraulic Fluids 11.4.6. Others 11.5. Asia Pacific Recycled Base Oil Market Value Share Analysis, by Country 11.6. Asia Pacific Recycled Base Oil Market Forecast, by Country 11.6.1. China 11.6.2. India 11.6.3. Japan 11.6.4. South Korea 11.6.5. Australia 11.6.6. Rest of APAC 11.6.7. ASEAN 11.6.7.1. Indonesia 11.6.7.2. Malaysia 11.6.7.3. Singapore 11.6.7.4. Philippines 11.6.7.5. Thailand 11.6.7.6. Vietnam 11.7. Asia Pacific Recycled Base Oil Market Analysis, by Country 11.8. China Recycled Base Oil Market Forecast, By Application 11.8.1. Automotive Fields 11.8.2. Process Oils 11.8.3. Industrial Oils 11.8.4. Metalworking Fluids 11.8.5. Hydraulic Fluids 11.8.6. Others 11.9. India Recycled Base Oil Market Forecast, By Application 11.9.1. Automotive Fields 11.9.2. Process Oils 11.9.3. Industrial Oils 11.9.4. Metalworking Fluids 11.9.5. Hydraulic Fluids 11.9.6. Others 11.10. Japan Recycled Base Oil Market Forecast, By Application 11.10.1. Automotive Fields 11.10.2. Process Oils 11.10.3. Industrial Oils 11.10.4. Metalworking Fluids 11.10.5. Hydraulic Fluids 11.10.6. Others 11.11. South Korea Recycled Base Oil Market Forecast, By Application 11.11.1. Automotive Fields 11.11.2. Process Oils 11.11.3. Industrial Oils 11.11.4. Metalworking Fluids 11.11.5. Hydraulic Fluids 11.11.6. Others 11.12. Australia Recycled Base Oil Market Forecast, By Application 11.12.1. Automotive Fields 11.12.2. Process Oils 11.12.3. Industrial Oils 11.12.4. Metalworking Fluids 11.12.5. Hydraulic Fluids 11.12.6. Others 11.13. Rest of APAC Recycled Base Oil Market Forecast, By Application 11.13.1. Automotive Fields 11.13.2. Process Oils 11.13.3. Industrial Oils 11.13.4. Metalworking Fluids 11.13.5. Hydraulic Fluids 11.13.6. Others 11.14. ASEAN Recycled Base Oil Market Forecast, By Application 11.14.1. Automotive Fields 11.14.2. Process Oils 11.14.3. Industrial Oils 11.14.4. Metalworking Fluids 11.14.5. Hydraulic Fluids 11.14.6. Others 11.15. Asia Pacific Recycled Base Oil Market Attractiveness Analysis 11.15.1. By Application 11.16. PEST Analysis 11.17. Key Trends 11.18. Key Developments 12. Middle East & Africa Recycled Base Oil Market Analysis 12.1. Key Findings 12.2. Middle East & Africa Recycled Base Oil Market Overview 12.3. Middle East & Africa Recycled Base Oil Market Value Share Analysis, By Application 12.4. Middle East & Africa Recycled Base Oil Market Forecast, By Application 12.4.1. Automotive Fields 12.4.2. Process Oils 12.4.3. Industrial Oils 12.4.4. Metalworking Fluids 12.4.5. Hydraulic Fluids 12.4.6. Others 12.5. Middle East & Africa Recycled Base Oil Market Value Share Analysis, by Country 12.6. Middle East & Africa Recycled Base Oil Market Forecast, by Country 12.6.1. GCC Countries 12.6.2. South Africa 12.6.3. Nigeria 12.6.4. Egypt 12.7. Middle East & Africa Recycled Base Oil Market Analysis, by Country 12.8. GCC Recycled Base Oil Market Forecast, By Application 12.8.1. Automotive Fields 12.8.2. Process Oils 12.8.3. Industrial Oils 12.8.4. Metalworking Fluids 12.8.5. Hydraulic Fluids 12.8.6. Others 12.9. South Africa Recycled Base Oil Market Forecast, By Application 12.9.1. Automotive Fields 12.9.2. Process Oils 12.9.3. Industrial Oils 12.9.4. Metalworking Fluids 12.9.5. Hydraulic Fluids 12.9.6. Others 12.10. Nigeria Recycled Base Oil Market Forecast, By Application 12.10.1. Automotive Fields 12.10.2. Process Oils 12.10.3. Industrial Oils 12.10.4. Metalworking Fluids 12.10.5. Hydraulic Fluids 12.10.6. Others 12.11. Egypt Recycled Base Oil Market Forecast, By Application 12.11.1. Automotive Fields 12.11.2. Process Oils 12.11.3. Industrial Oils 12.11.4. Metalworking Fluids 12.11.5. Hydraulic Fluids 12.11.6. Others 12.12. Middle East & Africa Recycled Base Oil Market Attractiveness Analysis 12.12.1. By Application 12.13. PEST Analysis 12.14. Key Trends 12.15. Key Developments 13. South America Recycled Base Oil Market Analysis 13.1. Key Findings 13.2. South America Recycled Base Oil Market Overview 13.3. South America Recycled Base Oil Market Value Share Analysis, By Application 13.4. South America Recycled Base Oil Market Forecast, By Application 13.4.1. Automotive Fields 13.4.2. Process Oils 13.4.3. Industrial Oils 13.4.4. Metalworking Fluids 13.4.5. Hydraulic Fluids 13.4.6. Others 13.5. South America Recycled Base Oil Market Value Share Analysis, by Country 13.6. South America Recycled Base Oil Market Forecast, by Country 13.6.1. Brazil 13.6.2. Mexico 13.6.3. Argentina 13.7. South America Recycled Base Oil Market Analysis, by Country 13.8. Brazil Recycled Base Oil Market Forecast, By Application 13.8.1. Automotive Fields 13.8.2. Process Oils 13.8.3. Industrial Oils 13.8.4. Metalworking Fluids 13.8.5. Hydraulic Fluids 13.8.6. Others 13.9. Mexico Recycled Base Oil Market Forecast, By Application 13.9.1. Automotive Fields 13.9.2. Process Oils 13.9.3. Industrial Oils 13.9.4. Metalworking Fluids 13.9.5. Hydraulic Fluids 13.9.6. Others 13.10. Argentina Recycled Base Oil Market Forecast, By Application 13.10.1. Automotive Fields 13.10.2. Process Oils 13.10.3. Industrial Oils 13.10.4. Metalworking Fluids 13.10.5. Hydraulic Fluids 13.10.6. Others 13.11. South America Recycled Base Oil Market Attractiveness Analysis 13.11.1. By Application 13.12. PEST Analysis 13.13. Key Trends 13.14. Key Developments 14. Company Profiles 14.1. Market Share Analysis, by Company 14.2. Competition Matrix 14.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment 14.2.2. New Product Launches and Product Enhancements 14.2.3. Market Consolidation 14.2.3.1. M&A by Regions, Investment and Vehicles 14.2.3.2. M&A Key Players, Forward Integration and Backward Integration 14.3. Company Profiles: Key Players 14.3.1. Valvoline LLC. 14.3.1.1. Company Overview 14.3.1.2. Financial Overview 14.3.1.3. Product Portfolio 14.3.1.4. Business Strategy 14.3.1.5. Recent Developments 14.3.1.6. Development Footprint 14.3.2. Vision Recycling and Reprocessing LLC 14.3.3. Gulf Basin Petroleum Recycling Co. 14.3.4. Fortum Corporation 14.3.5. Terrapure Environmental 14.3.6. Hering –VPT GmbH 14.3.7. SHARAF CO OIL REFINERY AND IND .CO.LLC 14.3.8. National Friendly Environment LLC 14.3.9. Green Oil and Lubes SRL 14.3.10. Rahaoil Inc. 14.3.11. LOTOS OIL Sp.z.o.o 14.3.12. Southern Counties Lubricants LLC 14.3.13. Inmaa International 14.3.14. Benzoil Pvt Ltd. 14.3.15. EcoLube Recovery 14.3.16. Rajkamal Group Of Companies 14.3.17. Others 15. Primary Key Insights

About This Report

Report ID 74883
Category Energy & Power
Published Date January 2021
Updated Date
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