The Global Base Oil Market Report is equipped with market data from 2014 to 2024. The report gives a market overview covering key drivers and risks factors. The report is bifurcated by top global manufactures mentioning sales, revenue and prices as applicable. It also evaluates the competitive scenario of the leading players. The report expands to cover regional market data along with type and application. The report forecasts sales and revenue from 2019 to 2024. The detailed sales channel is also covered in the study.
Base oil is the name given to lubrication grade oils initially produced from refining crude oil (mineral base oil) or through chemical synthesis (synthetic base oil). Base oil is typically defined as oil with a boiling point range between 550 and 1050 F, consisting of hydrocarbons with 18 to 40 carbon atoms. This oil can be either paraffinic or napthenic in nature depending on the chemical structure of the molecules.
Scope of the Report:
Among types, Group IV segment of the global base oil market is projected to grow at the highest CAGR during the forecast period. This is due to increase in the consumption of Group IV base oils, globally. The usage of Group IV base oils has been growing in various industrial and automotive applications as they offer excellent performance when combined with additives.
The Asia-Pacific region is projected to lead the global market during the forecast period, 2018 to 2023. The Asia-Pacific base oil market is projected to grow at the highest CAGR between 2018 and 2023.
The worldwide market for Base Oil is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019.
This report focuses on the Base Oil in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Shell
- Chevron
- Neste Oil
- Exxon Mobil
- Total
- Sinopec
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Group I
- Group II
- Group III
- Group IV
- Group V
Market Segment by Applications, can be divided into
- Automotive Oil
- Industrial Oil
- Metalworking Fluids
- Hydraulic Oil
- Greases
- Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Base Oil product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Base Oil, with price, sales, revenue and global market share of Base Oil in 2017 and 2018.
Chapter 3, the Base Oil competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Base Oil breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Base Oil market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Base Oil sales channel, distributors, customers, research findings and conclusion, appendix and data source.