During the fractional distillation of crude oil, the heated oil fraction is removed to derive Process oil 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 oil 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 oil. 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.
In 2019, the market size of Process Oil is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 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 studies the global market size of Process Oil, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Process Oil production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025
For top companies in United States, European Union and China, this Process oil report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies Of Process oil are covered:
- Petrochina Lubricant
- Royal Dutch Shell
- Phillips 66
- Idemitsu Kosan
- Sunoco LP
- Behran Oil
- Paras Lubricants
Process oil Market Segment by Product Type
Process oil Market Segment by Application
- Tire & Rubber
- Personal Care
Key Regions split in this Process oil report: breakdown data for each region.
- United States
- European Union
- Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
- To analyze and research the Process Oil status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
- To present the key Process Oil manufacturers, presenting the sales, revenue, market share, and recent development for key players.
- To split the breakdown data by regions, type, companies and applications
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends, drivers, influence factors in global and regions
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Process Oil are as follows:
- History Year: 2014-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2025
Table of content
1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Process Oil Market Size Growth Rate by Type (2019-2025)
1.4 Market Segment by Application
1.4.1 Global Process Oil Market Share by Application (2019-2025)
1.4.2 Tire & Rubber
1.4.4 Personal Care
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Process Oil Production Value 2014-2025
2.1.2 Global Process Oil Production 2014-2025
2.1.3 Global Process Oil Capacity 2014-2025
2.1.4 Global Process Oil Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2019-2025
2.2.1 Global Process Oil Market Size CAGR of Key Regions
2.2.2 Global Process Oil Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Process Oil Capacity by Manufacturers
3.1.2 Global Process Oil Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Process Oil Revenue by Manufacturers (2014-2019)
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