Press release
Process oil market to grow at a CAGR of 2.56% during the period 2017-2021
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Description
During the fractional distillation of crude oil, the heated oil fraction is removed to derive process oils from it. Process oils are more volatile than gasoline and are mixtures of naphthenic, paraffinic, and aromatic compounds in varying proportions. Lubricants play a crucial role in sectors such as automotive, aviation, manufacturing, and marine. They are used for the maintenance of both new and old machines and equipment to reduce friction, which increases over time because of the wear and tear of working surfaces. Manufacturers are focusing on improving the effectiveness of lubricants, as this will, in turn, reducing the maintenance cost incurred in machines and equipment while extending their service life. Process oils are derived from crude oil and are mixtures of the naphthenic, paraffinic, and aromatic compounds in varying proportions.
Technavios analysts forecast the global process oil market to grow at a CAGR of 2.56% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global process oil market for 2017-2021. To calculate the market size, the report considers the new sales volumes and excludes the aftermarket/services market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Process Oil Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Chevron,
Nynas,
PetroChina Company,
Royal Dutch Shell,
TOTAL
Other prominent vendors
Apar Industries
AVISTA OIL
Calumet Specialty Products Partners
Cargill
Cross Oil
ENGEN PETROLEUM
Exxon Mobil
Gandhar Oil
HPCL
Hydrodec Group
HollyFrontier
H&R GROUP
LUKOIL
ORGKHIM Biochemical
Panama Petrochem
Petronas Belgium
Phillips 66
PROCESS OILS
Raj Petro Specialities
RENKERT OIL
Repsol
Schaeffer Manufacturing
San Joaquin Refining
Valvoline
Witmans Industries
Market driver
Growth of global professional skincare market
For a full, detailed list, view our report
Market challenge
Emergence of dry-type transformers
For a full, detailed list, view our report
Market trend
Next-generation process oils
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Lubricant market overview
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by product type
Global process oil market by product type
Global rubber process oil market
Global white oil market
Global process oil market by others
PART 07: Geographical segmentation
Global process oil market by geography
Process oil market in APAC
Process oil market in Americas
Process oil market in EMEA
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Increasing popularity of bio-based transformer oil
Next-generation process oils
Increasing renewable energy installations
PART 11: Vendor landscape
Competitive landscape
Other prominent vendors (indicative list)
PART 12: Key vendor analysis
Chevron
Nynas
PetroChina Company
Royal Dutch Shell
TOTAL
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List of Exhibits
Exhibit 01: Different types of process oil and their quantitative chemistry
Exhibit 02: Essential properties of process oil
Exhibit 03: Global process oil market: Overview
Exhibit 04: Global process oil market 2016-2021 (MMT)
Exhibit 05: Five forces analysis
Exhibit 06: Global process oil market by product type 2016 and 2021 (%)
Exhibit 07: Global process oil market by product 2016-2021 (MMT)
Exhibit 08: Global rubber process oil market 2016-2021 (MMT)
Exhibit 09: Global motor vehicle production by region 2015 and 2016 (%)
Exhibit 10: Global white oil market 2016-2021 (MMT)
Exhibit 11: Global process oil market by others 2016-2021 (MMT)
Exhibit 12: Global process oil market by geography 2016 and 2021 (%)
Exhibit 13: Global process oil market by geography 2016-2021 (MMT)
Exhibit 14: Process oil market in APAC 2016-2021 (MMT)
Exhibit 15: Process oil market in Americas 2016-2021 (MMT)
Exhibit 16: Process oil market in EMEA 2016-2021 (MMT)
Exhibit 17: Global manufacturing PMI June 2016- June 2017 (%)
Exhibit 18: Global crude oil price volatility 2007-2016 ($ per barrel)
Exhibit 19: Other prominent vendors
Exhibit 20: Chevron: Process oil product offerings
Exhibit 21: Nynas: Process oil product offerings
Exhibit 22: Nynas: Key news
Exhibit 23: PetroChina Company: Process oil products
Exhibit 24: Royal Dutch Shell: Process oil product offerings
Exhibit 25: TOTAL: Process oil product offerings
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