Global process oil market is expected to grow at a steady CAGR during the forecast period. Growing requirement for process oil in the tire & rubber application is one of the key factors which is anticipated to boost the market growth during the forecast years. Increasing R&D activities coupled with growing need for natural based products is positively impacting the growth of market during the forecast period. Growth in personal care industry along with cost benefits of using process oil over conventional energy source is estimated to drive the market growth over the coming years.

The global process oil market is segmented based on type, function, application, production technology, company, and region. Based on type, the market can be categorized into naphthenic, paraffinic, aromatic, non-carcinogenic and bio-based process oil. Out of which, the paraffinic segment is expected to hold the largest market share during the forecast period. Paraffinic process oils use water as the pigment-carrying solvents in printing inks. These oils help the inks to provide excellent color fidelity, sharp images, and vibrant colors in the final print.

Regionally, the Asia Pacific process oil market is expected to grow at the highest CAGR during forecast period which can be accredited to rising disposable income, which has resulted in the surging demand for automobiles and personal care products, thereby, driving the growth of the market.

The major players operating in the process oil market are Royal Dutch Shell PLC, Exxonmobil, Total S.A., Indian Oil Corporation Limited, Petronas Group, Repsol S.A., Hindustan Petroleum Corporation Limited, Idemitsu Kosan Co., Ltd., Unipetrol Group, Panama Petrochem Ltd and Others.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022–2026

Objective of the Study:

  • To analyze and estimate the market size of global process oil market from 2016 to 2019.
  • To estimate and forecast the market size of global process oil market from 2020 to 2026 and growth rate until 2026.
  • To classify and forecast global process oil market based on type, function, application, production technology, company and regional distribution.
  • To identify dominant region or segment in the global process oil market.
  • To identify drivers and challenges for global process oil market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global process oil market.
  • To conduct pricing analysis for global process oil market.
  • To identify and analyze the profile of leading players operating in global process oil market.
  • To identify key sustainable strategies adopted by market players in global process oil market.

 

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of providers across the globe. 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 could include service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers and presence of all major players across the globe.

TechSci Research calculated the market size of global process oil market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research. 

Key Target Audience:

  • Process oil provider
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to process oil

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global process oil market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Process Oil Market, By Type:
    • Naphthenic
    • Paraffinic
    • Aromatic
    • Non-Carcinogenic
    • Bio-Based Process Oil
  • Global Process Oil Market, By Function:
    • Extender Oil
    • Plasticizer
    • Solvents
    • Deformers
    • Others
  • Global Process Oil Market, By Application:
    • Tire & Rubber
    • Polymer
    • Personal Care
    • Textile
    • Paints & Coatings
    • Pharmaceuticals
    • Others
  • Global Process Oil Market, By Production Technology:
    • Convention Route
    • Gas to Liquid
  • Global Process Oil Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global process oil market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global process oil market 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  

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID_ 19 on Global Process Oil Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Process Oil Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Type (Naphthenic, Paraffinic, Aromatic, Non-Carcinogenic and Bio-Based Process Oil)

6.2.2.     By Function (Extender Oil, Plasticizer, Solvents, Deformers, Others)

6.2.3.     By Application (Tire & Rubber, Polymer, Personal Care, Textile, Paints & Coatings, Pharmaceuticals & Others)

6.2.4.     By Production Technology (Convention Route and Gas to Liquid)

6.2.5.     By Company (2020)

6.2.6.     By Region

6.3.  Market Attractiveness Index

7.    Asia-Pacific Process Oil Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Function

7.2.3.     By Application

7.2.4.     By Production Technology

7.2.5.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Process Oil Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value & Volume

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By Function

7.3.1.2.3.             By Application

7.3.1.2.4.             By Production Technology

7.3.2.     India Process Oil Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value & Volume

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By Function

7.3.2.2.3.             By Application

7.3.2.2.4.             By Production Technology

7.3.3.     Australia Process Oil Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value & Volume

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By Function

7.3.3.2.3.             By Application

7.3.3.2.4.             By Production Technology

7.3.4.     Japan Process Oil Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value & Volume

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Type

7.3.4.2.2.             By Function

7.3.4.2.3.             By Application

7.3.4.2.4.             By Production Technology

7.3.5.     South Korea Process Oil Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value & Volume

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Type

7.3.5.2.2.             By Function

7.3.5.2.3.             By Application

7.3.5.2.4.             By Production Technology

8.    Europe Process Oil Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Function

8.2.3.     By Application

8.2.4.     By Production Technology

8.2.5.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Process Oil Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value & Volume

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Function

8.3.1.2.3.             By Application

8.3.1.2.4.             By Production Technology

8.3.2.     Germany Process Oil Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value & Volume

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Function

8.3.2.2.3.             By Application

8.3.2.2.4.             By Production Technology

8.3.3.     United Kingdom Process Oil Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value & Volume

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Function

8.3.3.2.3.             By Application

8.3.3.2.4.             By End Use

8.3.4.     Italy Process Oil Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value & Volume

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Type

8.3.4.2.2.             By Function

8.3.4.2.3.             By Application

8.3.4.2.4.             By Production Technology

8.3.5.     Spain Process Oil Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value & Volume

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Type

8.3.5.2.2.             By Function

8.3.5.2.3.             By Application

8.3.5.2.4.             By Production Technology

9.    North America Process Oil Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Function

9.2.3.     By Application

9.2.4.     By Production Technology

9.2.5.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Process Oil Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value & Volume

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By Function

9.3.1.2.3.             By Application

9.3.1.2.4.             By Production Technology

9.3.2.     Mexico Process Oil Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value & Volume

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By Function

9.3.2.2.3.             By Application

9.3.2.2.4.             By Production Technology

9.3.3.     Canada Process Oil Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value & Volume

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By Function

9.3.3.2.3.             By Application

9.3.3.2.4.             By Production Technology

10.  South America Process Oil Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Type

10.2.2.  By Function

10.2.3.  By Application

10.2.4.  By Production Technology

10.2.5.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Process Oil Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value & Volume

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By Function

10.3.1.2.3.           By Application

10.3.1.2.4.           By Production Technology

10.3.2.  Argentina Process Oil Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value & Volume

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By Function

10.3.2.2.3.           By Application

10.3.2.2.4.           By Production Technology

10.3.3.  Colombia Process Oil Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value & Volume

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By Function

10.3.3.2.3.           By Application

10.3.3.2.4.           By End Use

11.  Middle East and Africa Process Oil Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Type

11.2.2.  By Function

11.2.3.  By Application

11.2.4.  By Production Technology

11.2.5.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Process Oil Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value & Volume

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Type

11.3.1.2.2.           By Function

11.3.1.2.3.           By Application

11.3.1.2.4.           By Production Technology

11.3.2.  Saudi Arabia Process Oil Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value & Volume

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Type

11.3.2.2.2.           By Function

11.3.2.2.3.           By Application

11.3.2.2.4.           By Production Technology

11.3.3.  UAE Process Oil Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value & Volume

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Type

11.3.3.2.2.           By Function

11.3.3.2.3.           By Application

11.3.3.2.4.           By Production Technology

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Royal Dutch Shell PLC

14.2.              Exxonmobil

14.3.              Total S.A.

14.4.              Indian Oil Corporation Limited

14.5.              Petronas Group

14.6.              Repsol S.A.

14.7.              Hindustan Petroleum Corporation Limited

14.8.              Idemitsu Kosan Co., Ltd.

14.9.              Unipetrol Group

14.10.            Panama Petrochem Ltd

15.  Strategic Recommendations

16.  About Us & Disclaimer