Global Process Oil market is projected
to grow at a CAGR of over 27%, in value terms, during 2018-2023. Increasing
R&D activities, growing demand for natural based products, growth in personal care industry, high
output in polymer manufacturing and cost benefits of using process oil over
conventional energy source are some factors, that will propel the demand for process
oil over the next five years. APAC is anticipated to remain a strong
contributor in the process oil market in the forecast period, owing to growth
in automotive sector. APAC is expected to register faster CAGR than any other
region, backed by increasing number of process oil producers.
Years considered for this report:
Historical
Years: 2013-2016
Base
Year: 2017
Estimated
Year: 2018
Forecast
Period: 2018-2023
Objective
of the Study:
- To analyze and forecast market size of the global
process oil market, in terms of values & volume.
- To define, classify and forecast the global process
oil on the basis of type, application and region.
- To scrutinize the detailed market segmentation
and forecast the market size, in terms of value, on the basis of region by
segmenting global process oil into five regions, namely, North America, South
America, Europe, Asia Pacific and MEA.
- To identify tailwinds and headwinds for the global
process oil market.
- To examine competitive developments such as
expansions, new oil type, contracts and mergers & acquisitions in the global
process oil market.
- To evaluate competitor and trends in the global
process oil market.
- To strategically profile the leading players,
which are involved in of process oil market globally.
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Some of the major players operating in the global process oil
are
Royal Dutch Shell plc, Chevron Corporation, Petronas
Lubricants Belgium NV, Nynas AB, ORGKHIM Biochemical Holding, Repsol S.A., Cross
Oil & Refining Co Inc., Calumet Specialty Products Partners, L.P., Apar
Industries Ltd. etc.
TechSci Research performed primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of process oil providers globally. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research was able to include providers that could
not be identified due to the limitations of secondary research. TechSci
Research analysed type, application and regional presence of all major process
oil providers across the globe.
TechSci
Research calculated the market size for the global process oil using a
bottom-up approach, where providers’ value data for different application of (naphthenic,
paraffinic, aromatic & non-carcinogenic), process oil was recorded as well
as forecast for the future years was made. TechSci Research sourced these
values from industry experts and company representatives, and externally
validated through analyzing historical sales data of respective providers to arrive at
the overall market size. Various secondary sources such as company annual
reports, white papers, investor presentations and financial reports were also
used by the TechSci Research.
Key Target Audience:
- Global
process oil providers
- Research
organizations and consulting companies
- Organizations,
associations and alliances related to process oil
- Government
bodies such as regulating authorities and policy makers.
- Industry
associations
- Process oil traders, distributors, and
suppliers
The study is
useful in providing answers to several critical questions that are important
for industry stakeholders, such as providers, trader, supplier and policy
makers, which market segments should be
targeted over the process oil coming years (next five years) in order to
strategize investments and capitalize on growth of the market.
Report Scope:
In this report, global process oil has been segmented
into following categories, in addition to the industry trends which have also
been detailed below:
- Market,
by Type:
- Global
Process Oil Market
- Naphthenic
- Paraffinic
- Aromatic
- Non-Carcinogenic
- Market,
by Application:
- Tire
& Rubber
- Polymer
- Personal
Care
- Textile
- Others
- Market,
by Geography:
- North
America
- United
States
- Canada
- Mexico
- Rest of
North America
- Europe
- United
Kingdom
- Germany
- France
- Italy
- Spain
- Rest of
Europe
- Asia
Pacific
- China
- Japan
- South
Korea
- Australia
- India
- Rest of
APAC
- South
America
- Brazil
- Argentina
- Colombia
- Rest of
South America
- MEA
- Saudi
Arabia
- UAE
- Israel
- South
Africa
- Rest of
MEA
Competitive Landscape
Competition Benchmarking: Benchmarking of leading 10 players
Company Profiles: Detailed analysis of the major
companies present in the global Process Oil market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to the company’s specific needs. The following
customization options are available for the report:
Channel Partner Analysis
- Detailed
list of providers across the globe.
Company Information
- Detailed
analysis and profiling of additional market players (up to five).
Product Information
- Detailed
analysis of process oil suppliers in the market and their driving forces
in the market.
In case you don’t find what you are
looking for, please get in touch with our custom research team at sales@techsciresearch.com
It is an upcoming report to
be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at sales@techsciresearch.com