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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.
Scope of the Report:
This report focuses on the Process 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.
Asia-Pacific is estimated to be the largest market for process oils in 2018 and is projected to witness the highest growth between 2018 and 2023. The high growth in emerging economies has made Asia-Pacific a lucrative market for the manufacturers of process oils. The growth of the tire and rubber industries in China and India has resulted in the high consumption of process oils in these countries in recent years.
The worldwide market for Process Oil is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- Petrochina Lubricant
- Royal Dutch Shell
- Phillips 66
- Idemitsu Kosan
- Sunoco LP
- Behran Oil
- Paras Lubricants
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
Market Segment by Applications, can be divided into
- Tire & Rubber
- Personal Care
There are 15 Chapters to deeply display the global Process Oil market.
Chapter 1, to describe Process Oil Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Process Oil, with sales, revenue, and price of Process Oil, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Process Oil, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Process Oil market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Process Oil sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source