Base Oil Market

The base oil is that the distinguished petroleum mineral or synthetic material produced by a refinery to a required set of specifications, typically lubricant base stock. The standard of a lubricant can depend on the sort of base oil used for the refining and/or production method that want to produce the bottom oil. It is critical toward the grade of lubricant as base oils normally structure to 70-97% of the formulation of lubricants. Demand for oils within the automotive industry, especially from emerging countries, and stringent environmental legislation resulting in strict performance standards drive the universal market. Profitable market opportunities from BRIC nations and increasing demand for renewable energy are expected to spice up the market’s growth. The market is segregated on the basis of Group as Group I, Group II, Group III, Group IV, and Group V. Based on Application the market is segmented in Automotive Oil, Industrial Oil, Hydraulic Oil, Grease, Metalworking Fluid, and Others. Based on Type the global market is segmented in Mineral, Synthetic, and Bio-based.

The global market report provides geographical analysis covering regions, such as Europe, North America, Asia Pacific, and the Rest of The World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

Royal Dutch Shell PLC, Chevron Corporation, Neste Oil, Avista Oil AG, Nynas AB, Petronas, Repsol, Lotos Oil Sp. Z O.O., Ergon Inc., Calumet Specialty Products Partners LP, and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

The global Base Oil market has been segmented as below:

By Group

• Group I
• Group II
• Group III
• Group IV
• Group V

By Application

• Automotive Oil
• Industrial Oil
• Hydraulic Oil
• Grease
• Metalworking Fluid
• Others
  • Agriculture
  • Additives
  • Detergents/Dispersants

By Type

• Mineral
• Synthetic
• Bio-based

By Region

• Europe
• North America
• Asia Pacific
• Rest of The World

Base Oil Market, By Company

• Royal Dutch Shell PLC
• Chevron Corporation
• Neste Oil
• Avista Oil AG
• Nynas AB
• Petronas
• Repsol
• Lotos Oil Sp. Z O.O.
• Ergon Inc.
• Calumet Specialty Products Partners LP
• Exxon Mobil Corporation
• Total S.A.
• H&R Ölwerke Schindler GmbH
• Saudi Aramco
• GS Caltex Corporation
• S-Oil Corporation
• Petrochina Company Limited
• SK-Pertamina/ Pertamina
• Sinopec
• HPCL
• Cnooc
• Formosa
• Sepahan
• Hengli Petrochemical
• Shandong Qingyuan
• Luberef
• Adnoc

The report covers the below scope:

• Global market sizes from 2019 to 2026, along with CAGR for 2020-2026
• Market size comparison for 2020 vs 2026, with actual data for 2020, estimates for 2021 and forecast from 2021 to 2026
• Global market trends, covering a comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis of competition pattern, portfolio comparisons, development trends, and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2020
• Projected year - 2021
• Forecast period - 2021 to 2026

Report Scope:

The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers the analysis of regional and country-level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share. Major industry players with significant revenue share include Royal Dutch Shell PLC, Chevron Corporation, Neste Oil, Avista Oil AG, Nynas AB, Petronas, Repsol, Lotos Oil Sp. Z O.O., Ergon Inc., Calumet Specialty Products Partners LP, and others.

Why to Buy this Report:

• Gain detailed insights on the Base Oil industry trends
• Find a complete analysis of the market status
• Identify the market opportunities and growth segments
• Analyze competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

The report targeted the existing players in the industry is as follows:

• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

Free and Paid Customization based on the requirement

Report Content

1. Introduction

            1.1 Key Insights

            1.2 Report Overview

            1.3 Markets Covered

            1.4 Stakeholders

2. Research Methodology

            2.1 Research Scope

            2.2 Market Research Process

            2.3 Research Data Analysis

                        2.4.1 Secondary Research

                        2.4.2 Primary Research

                        2.4.3 Models for Estimation

            2.5 Market Size Estimation

                        2.5.1 Bottom-Up Approach - Segmental Market Analysis

                        2.5.2 Top-Down Approach - Parent Market Analysis

3. Executive Summary
4. Market Overview

            4.1 Introduction

                        4.2.1 Drivers

                        4.2.2 Restraints

                        4.2.3 Opportunities

                        4.2.4 Challenges

            4.2 Porter's Five Force Analysis

5. Base Oil Market, By Group

            5.1 Introduction

            5.2 Group I

                        5.2.1 Market Overview

                        5.2.2 Market Size and Forecast

            5.3 Group II

                        5.3.1 Market Overview

                        5.3.2 Market Size and Forecast

            5.4 Group III

                        5.4.1 Market Overview

                        5.4.2 Market Size and Forecast

            5.5 Group IV

                        5.5.1 Market Overview

                        5.5.2 Market Size and Forecast

            5.6 Group V

                        5.6.1 Market Overview

                        5.6.2 Market Size and Forecast

6. Base Oil Market, By Application

            6.1 Introduction

            6.2 Automotive Oil

                        6.2.1 Market Overview

                        6.2.2 Market Size and Forecast

            6.3 Industrial Oil

                        6.3.1 Market Overview

                        6.3.2 Market Size and Forecast

            6.4 Hydraulic Oil

                        6.4.1 Market Overview

                        6.4.2 Market Size and Forecast

            6.5 Grease

                        6.5.1 Market Overview

                        6.5.2 Market Size and Forecast

            6.6 Metalworking Fluid

                        6.6.1 Market Overview

                        6.6.2 Market Size and Forecast

            6.7 Others

                        6.7.1 Market Overview

                        6.7.2 Market Size and Forecast

7. Base Oil Market, By Type

            7.1 Introduction

            7.2 Mineral

                        7.2.1 Market Overview

                        7.2.2 Market Size and Forecast

            7.3 Synthetic

                        7.3.1 Market Overview

                        7.3.2 Market Size and Forecast

            7.4 Bio-based

                        7.4.1 Market Overview

                        7.4.2 Market Size and Forecast

8. Base Oil Market, By Geography

            8.1 Introduction

            8.2 Europe

                        8.2.1 Europe Market, By Group

                        8.2.2 Europe Market, By Application

                        8.2.3 Europe Market, By Type

            8.3 North America

                        8.3.1 North America Market, By Group

                        8.3.2 North America Market, By Application

                        8.3.3 North America Market, By Type

            8.4 Asia Pacific

                        8.4.1 Asia Pacific Market, By Group

                        8.4.2 Asia Pacific Market, By Application

                        8.4.3 Asia Pacific Market, By Type

            8.5 Rest of The World

                        8.5.1 Rest of The World Market, By Group

                        8.5.2 Rest of The World Market, By Application

                        8.5.3 Rest of The World Market, By Type

9. Competitive Insights

            9.1 Key Insights

            9.2 Company Market Share Analysis

            9.3 Strategic Outlook

                        9.3.1 Mergers & Acquisitions

                        9.3.2 New Product Development

                        9.3.3 Portfolio/Production Capacity Expansions

                        9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements

                        9.3.5 Others

10. Company Profiles

(Overview, Key Financials, Recent Developments, Product and Service Offering)

• Royal Dutch Shell PLC
• Chevron Corporation
• Neste Oil
• Avista Oil AG
• Nynas AB
• Petronas
• Repsol
• Lotos Oil Sp. Z O.O.
• Ergon Inc.
• Calumet Specialty Products Partners LP
• Exxon Mobil Corporation
• Total S.A.
• H&R Ölwerke Schindler GmbH
• Saudi Aramco
• GS Caltex Corporation
• S-Oil Corporation
• Petrochina Company Limited
• SK-Pertamina/ Pertamina
• Sinopec
• HPCL
• Cnooc
• Formosa
• Sepahan
• Hengli Petrochemical
• Shandong Qingyuan
• Luberef
• Adnoc