Report Description

Global Process Oil Market, By Type (Naphthenic, Paraffinic, Aromatic & Non-Carcinogenic), By Application (Tire & Rubber, Polymer, Personal Care, Textile & Others), Competition Forecast & Opportunities, 2013 – 2023

  • Publish Date: NA
  • Format : PDF
  • Pages : 110
  • Industry : Oil and Gas

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.

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