Base Oil Market Size, Trends, Growth & Outlook

Base Oil Market - By Grade (Group I, Group II, Group III, Group IV(PAO), Others), By Application (Process Oils, Automotive Fluids, Metalworking Fluids, Industrial Oils, Hydraulic Oils, Other) & Global Region - Market Size, Trends, Opportunity, Forecast 2020-2028

Industry: Chemicals & Materials | Report ID: FAMI-00944 | Published on: Nov, 2020 | View: 1 | Share:         

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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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Facto Market Insights added a title on “Base Oil Market – 2020-2028” to its collection of market research reports. The study of the global base oil market will include the analysis of all the comprehensive segments, along with the market size, Y-O-Y growth analysis and structure of the overall industry. The industry structure is based upon a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise. The regional manufacturers and new market players in the base oil market can also leverage the information which is available in the research report to make strategic business decisions in the industry.

The infectious coronavirus (formerly 2019-nCoV) broke out in late 2019, which has imposed a medical emergency across the globe. More than 175 countries and territories have reported cases of COVID-19. On March 11th, 2020, the WHO declared the novel coronavirus a pandemic officially. With the spread of these diseases, it is expected that the GDP of various developed & developing countries will decline in the upcoming years. Further, with the increasing instances of COVID-19 many countries went under lockdown situations to control the pandemic which is anticipated to hamper the growth of various industries. The report analyzes global impact of COVID-19 on global base oil market.

The study on the market research report also includes the section of market dynamics which defines the true prospect of the market. Further, the market dynamics section is segregated into market growth factors, market trends, market opportunities and market barriers which defines the current nature and future status of the global base oil market. Along with this, the market research report also covers the facts & figures related to the macroeconomic trends that are expected to impact the growth of global base oil market.

Additionally, the porter’s five forces analysis demonstrates the five forces which include buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the global base oil market. In the market research report, the porter's five forces framework explains the method for analysing the competition of the business including industry structure and the level of competition in the overall market.

Moreover, the report also covers the section of competitive landscape of the global base oil market, which includes the market share and positioning of all the major players in the industry. The competitive landscape analysis provides comprehensive analysis of the company’s business and performance including company overview, financial information of market players, business strategy, revenue breakup by segment and by geography, SWOT Analysis, key product offering, marketing and distribution strategies, new product development and recent news related with the market. The recent news section is further segregated into acquisition, expansion, technology development, research & development and other market activities.

Global Base Oil Market Segmentation:

The market for base oil is divided into three major segments which including grade, application and region. The study offers a comprehensive analysis of the segmentations in the global base oil market, this segmentation includes the segments which hold the major contribution into the market and also provides detailed growth parameters about the market.

By Grade                                        

- Group I

- Group II

- Group III

- Group IV(PAO)

- Group V (exc. Naphthenics)

- Re-refined

- Naphthenics

By Application

- Process Oils

  • Rubber Process Oils
  • Textile Process Oil

 

- Automotive Fluids

  • Lubricant
  • Gear Oil
  • Transmission Fluid
  • Power Steering Fluid
  • Brake Fluid
  • Others

 

- Metalworking Fluids

  • Emulsions
  • Neat Oils

 

- Industrial Oils

  • Transformer Oil
  • Turbine Oil
  • Food Grade Oil
  • Others

 

- Hydraulic Oils

  • Petroleum Based
  • Biodegradable

 

- Others

By Geography

- North America (U.S. & Canada)

- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)

- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)

- Latin America (Brazil, Mexico and Rest of Latin America)

- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Global Base Oil Market: Competitive Landscape

In the section of competitive landscape includes the market share analysis and positioning of the major & niche key players in the market. The market share analysis explains that how a firm is performing in the marketplace when it is compared to its competitors. In addition to this, the research report also includes the profiling of major & niche key players in the global base oil market. Some of the key players profiled include:

  • Nynas AB
  • Royal Dutch Shell Plc
  • S-Oil Corporation
  • PetroChina Company Limited
  • Repsol
  • Gandhar Oil Refinery
  • Calumet Specialty Products Partners
  • Gulf Petrochem FZC
  • SAC Petrobras S.A.

 

Timeline Considered for Analysis:

- 2019: Base Year

- 2020: Estimated Year

- 2020 to 2028: Forecast Period

Key Questions Answered in this Report:

  • What was the overall market size in 2019? What will be the market growth during the forecast period i.e. 2020-2028?
  • What are the most promising and high-growth trends in the overall market?
  • What are the key factors impacting market dynamics? What are the growth drivers, and restraints in the base oil market?
  • What are the emerging industry trends in the global base oil market?
  • What are recent development and advancement in the global base oil market?
  • What merger & acquisition activities have occurred in the past 4 years and what is its impact on the market?

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Research Methodology

Market Definition and List of Abbreviations

1. Executive Summary
2. Growth Drivers & Issues in Global Base Oil Market
3. Global Base Oil Market Trends
4. Opportunities in Global Base Oil Market
5. Recent Industry Activities, 2020
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Base Oil Market Size (USD Million), Growth Analysis and Forecast, (2020 - 2028)

9. Global Base Oil Market Segmentation Analysis, By Grade
9.1. Introduction
9.2. Market Attractiveness, By Grade
9.3. BPS Analysis, By Grade
9.4. Group I
9.5. Group II
9.6. Group III
9.7. Group IV(PAO)
9.8. Group V (exc. Naphthenics)
9.9. Re-refined
9.10. Naphthenics

10. Global Base Oil Market Segmentation Analysis, By Application
10.1. Introduction
10.2. Market Attractiveness, By Application
10.3. BPS Analysis, By Application
10.4. Process Oils
10.4.1. Rubber Process Oils
10.4.2. Textile Process Oil

10.5. Automotive Fluids
10.5.1. Lubricant
10.5.2. Gear Oil
10.5.3. Transmission Fluid
10.5.4. Power Steering Fluid
10.5.5. Brake Fluid
10.5.6. Others

10.6. Metalworking Fluids
10.6.1. Emulsions
10.6.2. Neat Oils

10.7. Industrial Oils
10.7.1. Transformer Oil
10.7.2. Turbine Oil
10.7.3. Food Grade Oil
10.7.4. Others

10.8. Hydraulic Oils
10.8.1. Petroleum Based
10.8.2. Biodegradable
10.9. Other

11. Geographical Analysis
11.1. Introduction
11.2. North America Base Oil Market Size (USD Million), 2020 - 2028
11.2.1. By Grade
11.2.2. By Application
11.2.3. By Country
11.2.3.1. Market Attractiveness, By End-user
11.2.3.2. BPS Analysis, By End-User
11.2.3.3. U.S. Market Size (USD Million), 2020 - 2028
11.2.3.4. Canada Market Size (USD Million), 2020 - 2028

11.3. Europe Base Oil Market Size (USD Million), 2020 - 2028
11.3.1. By Grade
11.3.2. By Application
11.3.3. By Country
11.3.3.1. Market Attractiveness, By Country
11.3.3.2. BPS Analysis, By Country
11.3.3.3. Germany Market Size (USD Million), 2020 - 2028
11.3.3.4. United Kingdom Market Size (USD Million), 2020 - 2028
11.3.3.5. France Market Size (USD Million), 2020 - 2028
11.3.3.6. Italy Market Size (USD Million), 2020 - 2028
11.3.3.7. Spain Market Size (USD Million), 2020 - 2028
11.3.3.8. Russia Market Size (USD Million), 2020 - 2028
11.3.3.9. Rest of Europe Market Size (USD Million), 2020 - 2028

11.4. Asia Pacific Base Oil Market Size (USD Million), 2020 - 2028
11.4.1. By Grade
11.4.2. By Application
11.4.3. By Country
11.4.3.1. Market Attractiveness, By Country
11.4.3.2. BPS Analysis, By Country
11.4.3.3. China Market Size (USD Million), 2020 - 2028
11.4.3.4. India Market Size (USD Million), 2020 - 2028
11.4.3.5. Japan Market Size (USD Million), 2020 - 2028
11.4.3.6. South Korea Market Size (USD Million), 2020 - 2028
11.4.3.7. Indonesia Market Size (USD Million), 2020 - 2028
11.4.3.8. Taiwan Market Size (USD Million), 2020 - 2028
11.4.3.9. Australia Market Size (USD Million), 2020 - 2028
11.4.3.10. New Zealand Market Size (USD Million), 2020 - 2028
11.4.3.11. Rest of Asia Pacific Market Size (USD Million), 2020 - 2028

11.5. Latin America Base Oil Market Size (USD Million), 2020 - 2028
11.5.1. By Grade
11.5.2. By Application
11.5.3. By Country
11.5.3.1. Market Attractiveness, By Country
11.5.3.2. BPS Analysis, By Country
11.5.3.3. Brazil Market Size (USD Million), 2020 - 2028
11.5.3.4. Mexico Market Size (USD Million), 2020 - 2028
11.5.3.5. Rest of Latin America Market Size (USD Million), 2020 - 2028

11.6. Middle East & Africa Base Oil Market Size (USD Million), 2020 - 2028
11.6.1. By Grade
11.6.2. By Application
11.6.3. By Country
11.6.3.1. Market Attractiveness, By Geography
11.6.3.2. BPS Analysis, By Geography
11.6.3.3. GCC Market Size (USD Million), 2020 - 2028
11.6.3.4. North Africa Market Size (USD Million), 2020 - 2028
11.6.3.5. South Africa Market Size (USD Million), 2020 - 2028
11.6.3.6. Rest of Middle East & Africa Market Size (USD Million), 2020 - 2028

12. Competitive Landscape
12.1. Nynas AB
12.2. Royal Dutch Shell Plc
12.3. S-Oil Corporation
12.4. PetroChina Company Limited
12.5. Repsol
12.6. Gandhar Oil Refinery
12.7. Calumet Specialty Products Partners
12.8. Gulf Petrochem FZC
12.9. SAC Petrobras S.A.

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