openPR Logo
Press release

Hydrocarbon-based Synthetic Oil Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

06-19-2018 03:49 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Chemical

Hydrocarbon-based Synthetic Oil Market – Global Industry

Worldwide Market Reports added Latest Research Report titled “Hydrocarbon-based Synthetic Oil Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026” to its Large Report database.

Hydrocarbons are organic compounds consisting of hydrogen and carbon. Various components of hydrocarbon are blended together to produce fuels for specific application in cars, trucks, trains and airplanes. Liquid synthetic hydrocarbons (XtL) is widely produced for use in petrol, diesel, aviation fuel and marine fuels.

Liquid synthetic hydrocarbons is ideal for transportation applications, owing to its high energy content per volume or mass. Increasing demand for transportation in turn, is boosting growth of the hydrocarbon-based synthetic oil market. For instance, according to JATO Dynamics figures, in 2017, worldwide sales of passenger cars and light commercial vehicles recorded an increase by 2.4% from the previous year. The number increased by over 2 million additional vehicle sales, as compared to 2016, with the new total accounting for 86,05 million global car sales in 2017.

Request for Sample Copy of Research Report: https://www.worldwidemarketreports.com/sample/193200

Synthetic oil has uniformly consistent properties and increases the durability of the engine, thus providing high level of engine protection. Synthetic hydrocarbon oil is similar to PAO in structure and is widely used as a base stock and viscosity builder for a wide range of engine and industrial lubricating oil products, both mineral- oil and synthetic-based. Growing shortage of crude oil, in turn is expected to boost demand for hydrocarbon synthetic oil. Thus, boosting growth of the hydrocarbon-based synthetic oil market.

Hydrogen-based synthetic oil allows people to significantly reduce use of petroleum, thus help cutting down CO2 emissions by half, while still using hydrocarbon-based transportation infrastructure. Synthetic hydrocarbons are produced by the Fischer–Tropsch (FT) synthesis process to provide a sulfur‐ and aromatic‐free alternative to conventional hydrocarbons. However, this process is highly expensive as compared to the production of crude oil. This in turn, poses as a major factor hampering growth of the hydrocarbon-based synthetic oil market.

Request for Discount @ https://www.worldwidemarketreports.com/discount/193200

Natural Energy West— Germany-based renewable fuel producer—is reducing biodiesel output by 50 percent due to surging European Union imports from Argentina and Indonesia, as announced by the company in April 2018.

In November 2014, Mitsui Chemicals America Inc. entered into an alliance agreement with The Lubrizol Corporation to make Lubrizol the exclusive worldwide seller and marketer of the LUCANT polymer product range. The agreement will maximize the strengths of both the companies and maximize polymer R&D.

Browse more detail information about Laser Doppler Flowmeter Market Report at:https://www.worldwidemarketreports.com/market-insights/hydrocarbon-based-synthetic-oil

** If you have any special requirements, please let us know and we will offer you the report as you want.

About WMR

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.

Contact Us:

Mr. Shah
Worldwide Market Reports
1001 4th Ave,
#3200
Seattle, WA 98154,
U.S
Tel: +1 415 871 0703
Email:sales@worldwidemarketreports.com
Visit our website for more details:https://www.worldwidemarketreports.com
Visit our new website for latest News:https://www.industrychronicle.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hydrocarbon-based Synthetic Oil Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026 here

News-ID: 1089042 • Views: 210

More Releases from Chemical

North America Controlled Release Fertilizers Market Analysis 2014-2024: Key Play …
The Graphical Research report provides a detailed overview on “North America Controlled Release Fertilizers Market estimated to surpass USD 1.26 million by 2024. Controlled release fertilizers have been proved to be an effective substitute to the conventional fertilizers, on account of their resource-saving and environmentally friendly features. The U.S. has been predicted to be the 3rd highest populated country by 2050 – with an estimated populace of 395 million. As per
Caprylic Acid Methylester Market Analysis of Sales, Revenue, Share and Growth Ra …
Worldwide Market Reports added Latest Research Report titled “Caprylic Acid Methylester Market by Manufacturers, Regions, Product Type and Application, Forecast to 2021” to its Large Report database. Caprylic Acid Methylester Market Report provides important information related to the overall market and price forecast over a five-year period, from 2017 to 2021. In this bit, the experts have offered essential figures which relates to the production and consumption forecast for the major
Fluoropolymer in Healthcare Market Size, Share, Emerging Trends, Analysis and Fo …
Worldwide Market Reports added Latest Research Report titled “Fluoropolymer in Healthcare Market by Manufacturers, Regions, Product Type and Application, Forecast to 2021” to its Large Report database. Fluoropolymer in Healthcare Market Report provides important information related to the overall market and price forecast over a five-year period, from 2017 to 2021. In this bit, the experts have offered essential figures which relates to the production and consumption forecast for the major
Hydraulic Oil Seal Market Size, Share, Emerging Trends, Analysis and Forecasts t …
Worldwide Market Reports added Latest Research Report titled “Hydraulic Oil Seal Market by Manufacturers, Regions, Product Type and Application, Forecast to 2021” to its Large Report database. Hydraulic Oil Seal Market Report provides important information related to the overall market and price forecast over a five-year period, from 2017 to 2021. In this bit, the experts have offered essential figures which relates to the production and consumption forecast for the major

All 5 Releases


More Releases for Synthetic

Synthetic Graphite Market : Trends and Forecast
Stratview Research has launched a research report on Synthetic Graphite Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Synthetic Graphite Market from 2017 to 2022. This is segmented in five ways to provide a 360 degree holistic view. The segments are – · by Form (Synthetic Electrode, Synthetic Block, Synthetic Carbon Fiber, and Synthetic
Synthetic Biology Market – Europe
Synthetic Biology Market Europe is expected to reach USD XX Billion by 2026 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report). Synthetic biology has expanded into various interdisciplinary fields that may be defined as the combination of artificial design and engineering to produce biological systems, chemicals or living organisms. Synthetic biology is also used for improving applications
Innovation Benchmarking in Synthetic Zeolite Market
A high volume of players are currently present in the global specialty zeolites market, as stated in a research report released by Transparency Market Research. The leaders of the market for 2015 – Tosoh Corporation, Arkema Group, BASF SE, and W.R. Grace & Co. – held a collective share of 34.7% in its overall value. The players in the market are spread out in terms of size, thereby creating a
Synthetic Leather Market Quantitative Apprehension 2025
Global Synthetic Leather Market: Snapshot Synthetic leather or artificial leather, is made using polyvinyl chloride, (PVC) or polyurethane (PU). Over the past few years, it has soared in popularity as it closely resembles natural leather in feel and appearance. Unlike actual leathers, manufacturers can create high durable and low-maintenance products such as purses, bags, diary covers, stationery items, belts, garments, wallets and a variety of sports items, which can be made
SYNTHETIC APERTURE RADAR (SAR) MARKET
Synthetic aperture radar market refers to the space and air-based SAR that functions on the principle of transmission and reception of the reflected signals that interact with the ground and aid in the imaging, tracking, detection and characterization. SAR finds significant applications over the conventional electro optical (EO) imaging systems, primarily owing to microwaves being able to penetrate through clouds and provide consistent 24 hour, all weather data efficiency. Increasing traction
Synthetic Marble Market Evolving Industry Trends 2025
Synthetic marble is a blend of fillers such as calcium carbonate and silica; and synthetic resins such as polyester and acrylate, pigments, and gel coat. Marble powder, calcium carbonate, and fine grained sand are the primary raw materials for the manufacture of synthetic marble. Synthetic marble has high tensile strength compared to natural marble and is more durable. It is also known as cultured marble or engineered marble. It is