Process Oil Market Size, Share, Trends, Growth 2028
Process Oil Market By Type (Naphthenic, Paraffinic, Non-carcinogenic, and Aromatic), By Application (Tire & Rubber, Polymer, Personal Care, Textile, Others, Automotive, Adhesives & Sealants, and Defoaming), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 - 2028
Category: Energy & Mining Report Format : PDF
Pages: 194 Report Code: ZMR-2230
Published Date: May-2022 Status : Published
| Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 4515.2 Million | USD 5055.01 Million | 1.9% | 2021 |
Table Of Content
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Process Oil Market, (2022 - 2028) (USD Million)
- 2.2 Global Process Oil Market : snapshot
- Chapter 3. Global Process Oil Market - Industry Analysis
- 3.1 Process Oil Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Growing tyre manufacturing industry across the globe
- 3.3 Market Restraints
- 3.3.1. The fluctuating price of crude oil
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Type
- 3.7.2 Market attractiveness analysis By Application
- Chapter 4. Global Process Oil Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Process Oil Market: company market share, 2021
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Process Oil Market - Type Analysis
- 5.1 Global Process Oil Market overview: By Type
- 5.1.1 Global Process Oil Market share, By Type, 2021 and 2028
- 5.2 Naphthenic
- 5.2.1 Global Process Oil Market by Naphthenic, 2022 - 2028 (USD Million)
- 5.3 Paraffinic
- 5.3.1 Global Process Oil Market by Paraffinic, 2022 - 2028 (USD Million)
- 5.4 Non-carcinogenic
- 5.4.1 Global Process Oil Market by Non-carcinogenic, 2022 - 2028 (USD Million)
- 5.5 Aromatic
- 5.5.1 Global Process Oil Market by Aromatic, 2022 - 2028 (USD Million)
- 5.1 Global Process Oil Market overview: By Type
- Chapter 6. Global Process Oil Market - Application Analysis
- 6.1 Global Process Oil Market overview: By Application
- 6.1.1 Global Process Oil Market share, By Application, 2021 and 2028
- 6.2 Tire & Rubber
- 6.2.1 Global Process Oil Market by Tire & Rubber, 2022 - 2028 (USD Million)
- 6.3 Polymer
- 6.3.1 Global Process Oil Market by Polymer, 2022 - 2028 (USD Million)
- 6.4 Personal Care
- 6.4.1 Global Process Oil Market by Personal Care, 2022 - 2028 (USD Million)
- 6.5 Textile
- 6.5.1 Global Process Oil Market by Textile, 2022 - 2028 (USD Million)
- 6.6 Others
- 6.6.1 Global Process Oil Market by Others, 2022 - 2028 (USD Million)
- 6.7 Automotive
- 6.7.1 Global Process Oil Market by Automotive, 2022 - 2028 (USD Million)
- 6.8 Adhesives & Sealants
- 6.8.1 Global Process Oil Market by Adhesives & Sealants, 2022 - 2028 (USD Million)
- 6.9 Defoaming
- 6.9.1 Global Process Oil Market by Defoaming, 2022 - 2028 (USD Million)
- 6.1 Global Process Oil Market overview: By Application
- Chapter 7. Process Oil Market - Regional Analysis
- 7.1 Global Process Oil Market Regional Overview
- 7.2 Global Process Oil Market Share, by Region, 2021 & 2028 (USD Million)
- 7.3. North America
- 7.3.1 North America Process Oil Market, 2022 - 2028 (USD Million)
- 7.3.1.1 North America Process Oil Market, by Country, 2022 - 2028 (USD Million)
- 7.3.1 North America Process Oil Market, 2022 - 2028 (USD Million)
- 7.4 North America Process Oil Market, by Type, 2022 - 2028
- 7.4.1 North America Process Oil Market, by Type, 2022 - 2028 (USD Million)
- 7.5 North America Process Oil Market, by Application, 2022 - 2028
- 7.5.1 North America Process Oil Market, by Application, 2022 - 2028 (USD Million)
- 7.4. Europe
- 7.4.2 Europe Process Oil Market, 2022 - 2028 (USD Million)
- 7.4.2.1 Europe Process Oil Market, by Country, 2022 - 2028 (USD Million)
- 7.4.2 Europe Process Oil Market, 2022 - 2028 (USD Million)
- 7.4 Europe Process Oil Market, by Type, 2022 - 2028
- 7.4.1 Europe Process Oil Market, by Type, 2022 - 2028 (USD Million)
- 7.5 Europe Process Oil Market, by Application, 2022 - 2028
- 7.5.1 Europe Process Oil Market, by Application, 2022 - 2028 (USD Million)
- 7.5. Asia Pacific
- 7.5.3 Asia Pacific Process Oil Market, 2022 - 2028 (USD Million)
- 7.5.3.1 Asia Pacific Process Oil Market, by Country, 2022 - 2028 (USD Million)
- 7.5.3 Asia Pacific Process Oil Market, 2022 - 2028 (USD Million)
- 7.4 Asia Pacific Process Oil Market, by Type, 2022 - 2028
- 7.4.1 Asia Pacific Process Oil Market, by Type, 2022 - 2028 (USD Million)
- 7.5 Asia Pacific Process Oil Market, by Application, 2022 - 2028
- 7.5.1 Asia Pacific Process Oil Market, by Application, 2022 - 2028 (USD Million)
- 7.6. Latin America
- 7.6.4 Latin America Process Oil Market, 2022 - 2028 (USD Million)
- 7.6.4.1 Latin America Process Oil Market, by Country, 2022 - 2028 (USD Million)
- 7.6.4 Latin America Process Oil Market, 2022 - 2028 (USD Million)
- 7.4 Latin America Process Oil Market, by Type, 2022 - 2028
- 7.4.1 Latin America Process Oil Market, by Type, 2022 - 2028 (USD Million)
- 7.5 Latin America Process Oil Market, by Application, 2022 - 2028
- 7.5.1 Latin America Process Oil Market, by Application, 2022 - 2028 (USD Million)
- 7.7. The Middle-East and Africa
- 7.7.5 The Middle-East and Africa Process Oil Market, 2022 - 2028 (USD Million)
- 7.7.5.1 The Middle-East and Africa Process Oil Market, by Country, 2022 - 2028 (USD Million)
- 7.7.5 The Middle-East and Africa Process Oil Market, 2022 - 2028 (USD Million)
- 7.4 The Middle-East and Africa Process Oil Market, by Type, 2022 - 2028
- 7.4.1 The Middle-East and Africa Process Oil Market, by Type, 2022 - 2028 (USD Million)
- 7.5 The Middle-East and Africa Process Oil Market, by Application, 2022 - 2028
- 7.5.1 The Middle-East and Africa Process Oil Market, by Application, 2022 - 2028 (USD Million)
- Chapter 8. Company Profiles
- 8.1 Royal Dutch Shell (Netherlands)
- 8.1.1 Overview
- 8.1.2 Financials
- 8.1.3 Product Portfolio
- 8.1.4 Business Strategy
- 8.1.5 Recent Developments
- 8.2 ExxonMobil (US)
- 8.2.1 Overview
- 8.2.2 Financials
- 8.2.3 Product Portfolio
- 8.2.4 Business Strategy
- 8.2.5 Recent Developments
- 8.3 Total S.A. (France)
- 8.3.1 Overview
- 8.3.2 Financials
- 8.3.3 Product Portfolio
- 8.3.4 Business Strategy
- 8.3.5 Recent Developments
- 8.4 Indian Oil Corporation Limited (India)
- 8.4.1 Overview
- 8.4.2 Financials
- 8.4.3 Product Portfolio
- 8.4.4 Business Strategy
- 8.4.5 Recent Developments
- 8.5 Petronas Group (Malaysia)
- 8.5.1 Overview
- 8.5.2 Financials
- 8.5.3 Product Portfolio
- 8.5.4 Business Strategy
- 8.5.5 Recent Developments
- 8.6 Repsol S.A. (Spain)
- 8.6.1 Overview
- 8.6.2 Financials
- 8.6.3 Product Portfolio
- 8.6.4 Business Strategy
- 8.6.5 Recent Developments
- 8.7 Hindustan Petroleum Corporation Limited (India)
- 8.7.1 Overview
- 8.7.2 Financials
- 8.7.3 Product Portfolio
- 8.7.4 Business Strategy
- 8.7.5 Recent Developments
- 8.8 Idemitsu Kosan Co. Ltd (Japan)
- 8.8.1 Overview
- 8.8.2 Financials
- 8.8.3 Product Portfolio
- 8.8.4 Business Strategy
- 8.8.5 Recent Developments
- 8.9 Unipetrol Group (Czech Republic)
- 8.9.1 Overview
- 8.9.2 Financials
- 8.9.3 Product Portfolio
- 8.9.4 Business Strategy
- 8.9.5 Recent Developments
- 8.10 Panama Petrochem Ltd (India)
- 8.10.1 Overview
- 8.10.2 Financials
- 8.10.3 Product Portfolio
- 8.10.4 Business Strategy
- 8.10.5 Recent Developments
- 8.11 Nynas AB (Sweden)
- 8.11.1 Overview
- 8.11.2 Financials
- 8.11.3 Product Portfolio
- 8.11.4 Business Strategy
- 8.11.5 Recent Developments
- 8.12 H&R Group (Germany)
- 8.12.1 Overview
- 8.12.2 Financials
- 8.12.3 Product Portfolio
- 8.12.4 Business Strategy
- 8.12.5 Recent Developments
- 8.13 Apar Industries (India)
- 8.13.1 Overview
- 8.13.2 Financials
- 8.13.3 Product Portfolio
- 8.13.4 Business Strategy
- 8.13.5 Recent Developments
- 8.14 Gandhar Oil Refinery Limited (India)
- 8.14.1 Overview
- 8.14.2 Financials
- 8.14.3 Product Portfolio
- 8.14.4 Business Strategy
- 8.14.5 Recent Developments
- 8.15 Hollyfrontier Refining & Marketing LLC (US).
- 8.15.1 Overview
- 8.15.2 Financials
- 8.15.3 Product Portfolio
- 8.15.4 Business Strategy
- 8.15.5 Recent Developments
- 8.1 Royal Dutch Shell (Netherlands)
Table Of Figures
- 1. Market research Type
- 2. Market research methodology
- 3. Global Process Oil Market, 2022 - 2028 (USD Million)
- 4. Porter’s Five Forces Analysis
- 5. Global Process Oil Market attractiveness, By Type
- 6. Global Process Oil Market attractiveness, By Application
- 7. Global Process Oil Market share by Type, 2022 and 2028 (USD Million)
- 8. Global Process Oil Market by Naphthenic, 2022 - 2028 (USD Million)
- 9. Global Process Oil Market by Paraffinic, 2022 - 2028 (USD Million)
- 10. Global Process Oil Market by Non-carcinogenic, 2022 - 2028 (USD Million)
- 11. Global Process Oil Market by Aromatic, 2022 - 2028 (USD Million)
- 12. Global Process Oil Market share by Application, 2022 and 2028 (USD Million)
- 13. Global Process Oil Market by Tire & Rubber, 2022 - 2028 (USD Million)
- 14. Global Process Oil Market by Polymer, 2022 - 2028 (USD Million)
- 15. Global Process Oil Market by Personal Care, 2022 - 2028 (USD Million)
- 16. Global Process Oil Market by Textile, 2022 - 2028 (USD Million)
- 17. Global Process Oil Market by Others, 2022 - 2028 (USD Million)
- 18. Global Process Oil Market by Automotive, 2022 - 2028 (USD Million)
- 19. Global Process Oil Market by Adhesives & Sealants, 2022 - 2028 (USD Million)
- 20. Global Process Oil Market by Defoaming, 2022 - 2028 (USD Million)
- 21. Global Process Oil Market share, by Region, 2022 and 2028
- 22. North America Process Oil Market, 2022 - 2028 (USD Million)
- 23. Europe Process Oil Market, 2022 - 2028 (USD Million)
- 24. Asia Pacific Process Oil Market, 2022 - 2028 (USD Million)
- 25. Latin America Process Oil Market, 2022 - 2028 (USD Million)
- 26. The Middle-East and Africa Process Oil Market, 2022 - 2028 (USD Million)
Table Of Tables
- 1. Global Process Oil Market: Snapshot
- 2. Drivers of the Process Oil Market: impact analysis
- 3. North America Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 4. North America Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 5. U.S. Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 6. U.S. Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 7. Canada Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 8. Canada Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 9. Europe Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 10. Europe Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 11. Germany Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 12. Germany Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 13. France Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 14. France Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 15. U.K. Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 16. U.K. Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 17. Italy Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 18. Italy Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 19. Spain Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 20. Spain Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 21. Rest of Europe Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 22. Rest of Europe Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 23. Asia Pacific Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 24. Asia Pacific Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 25. China Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 26. China Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 27. Japan Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 28. Japan Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 29. India Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 30. India Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 31. South Korea Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 32. South Korea Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 33. South-East Asia Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 34. South-East Asia Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 35. Rest of Asia Pacific Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 36. Rest of Asia Pacific Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 37. Latin America Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 38. Latin America Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 39. Brazil Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 40. Brazil Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 41. Mexico Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 42. Mexico Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 43. Rest of Latin America Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 44. Rest of Latin America Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 45. The Middle-East and Africa Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 46. The Middle-East and Africa Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 47. GCC Countries Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 48. GCC Countries Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 49. South Africa Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 50. South Africa Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
- 51. Rest of Middle-East Africa Process Oil Market revenue, By Type, 2022 - 2028 (USD Million)
- 52. Rest of Middle-East Africa Process Oil Market revenue, By Application, 2022 - 2028 (USD Million)
Methodology
FrequentlyAsked Questions
Fine tolerances in tyre manufacturing, the use of radial tyres to minimize vehicle fuel consumption, low rolling resistance tyres, and an emphasis on enhancing grip and road performance of tyres to boost vehicle fuel efficiency are among the most recent tyre industry trends. Process oils are one of the most important components in tyre production. The rise of the automobile industry has a direct impact on global tyre usage. Vehicle production has a direct impact on tyre demand around the world. Consequently, the process oil market is likely to be driven by the global automotive industry's expansion over the forecast period.
According to the Market Research report, the global process oil market was worth around USD 4515.2 million in 2021 and is estimated to grow to about USD 5055.010897 million by 2028, with a compound annual growth rate (CAGR) of approximately 1.9 percent over the forecast period.
Asia-Pacific has become an area with immense promise and opportunity due to the increasing demand for textiles and personal care goods in nations like India and China. China has surpassed the United States as the world's largest provider of textiles and apparel since 1994. By focusing on OEM production and processing, the country controls the global low-to-medium end market, while the EU continues to dominate the global upmarket and high-quality textile business. North America will be the second-largest process oil market in terms of value in 2021. The North American process oil business is expected to grow slowly since end-use sectors such as rubber and polymer have reached maturity in the region. However, because the majority of the region's refineries that produce naphthenic products are based in the United States, naphthenic goods are more expensive.
Some of the main competitors dominating the global process oil market include - Royal Dutch Shell (Netherlands), ExxonMobil (US), Total S.A. (France), Indian Oil Corporation Limited (India), Petronas Group (Malaysia), Repsol S.A. (Spain), 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), and Hollyfrontier Refining & Marketing LLC (US).
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