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Base Oil Market Size, Share, Value, and Competitive Landscape 2020-2026

Market Research Engine has published a new report titled as “Base Oil Market Size By Type (Synthetic, Bio-based, Mineral), By Application (Hydraulic Oil, Grease, Metalworking Fluid, Automotive Oil, Industrial Oil), By Group (Group I, Group II, Group III, Group IV, Group V), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2021-2026.”

The base oil market is expected to be around US$ 42.40 Billion by 2025; Growing at a CAGR of about 5.2% in the given forecast period.

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Base oils are a major essential of any lubricant that supports them to attain different specifications like pour point, viscosity, thermal stability, oxidation, seal compatibility, and additive solubility. The product is generally polished via multiple processing technologies which contain conventional refining and other advanced refining techniques. Increasing demand for industrial lubricants, hydraulic fluids, thermal oils, greases and metalworking fluids made from raw stock fluids like base oil is anticipated to fuel the development of the market for base oil.

The global Base Oil market is segregated on the basis of Type as Synthetic, Bio-based, and Mineral. Based on Application the global Base Oil market is segmented in Hydraulic Oil, Grease, Metalworking Fluid, Automotive Oil, Industrial Oil, and Others. Based on Group the global Base Oil market is segmented in Group I, Group II, Group III, Group IV, and Group V.

From a technological standpoint, the market for base oil has replicated significant changes since the past decade with manufacturers constantly investing in R&D activities to expand their portfolio.

The global Base Oil market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Base Oil 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.

Report Scope:

The global Base Oil market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on 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 detailed competitive outlook covering market shares and profiles key participants in the global Base Oil market share. Major industry players with significant revenue share include 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, and others.

Reasons to Buy this Report:

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

Competitive Rivalry

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, and others are among the major players in the global Base Oil market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Base Oil Market has been segmented as below:

Base Oil Market, By Type

  • Synthetic
  • Bio-based
  • Mineral

Base Oil Market, By Application

  • Hydraulic Oil
  • Grease
  • Metalworking Fluid
  • Automotive Oil
  • Industrial Oil
  • Others

Base Oil Market, By Group

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

Base Oil Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Base Oil Market, By Company

  • 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
  • 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

The report covers:

  • Global Base Oil market sizes from 2020 to 2025, along with CAGR for 2020-2025
  • Market size comparison for 2019 vs 2025, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2025
  • Global Base Oil market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Base Oil market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

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Table of Contents:

  1. Introduction
    1.1 Key Insights
    1.2 Report Overview
    1.3 Markets Covered
    1.4 Stakeholders2. 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
  2. Executive Summary
  3. 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 Analysis5. Base Oil Market, By Type
    5.1 Introduction
    5.2 Synthetic
    5.2.1 Market Overview
    5.2.2 Market Size and Forecast
    5.3 Bio-based
    5.3.1 Market Overview
    5.3.2 Market Size and Forecast
    5.4 Mineral
    5.4.1 Market Overview
    5.4.2 Market Size and Forecast
  4. Base Oil Market, By Application
    6.1 Introduction
    6.2 Hydraulic Oil
    6.2.1 Market Overview
    6.2.2 Market Size and Forecast
    6.3 Grease
    6.3.1 Market Overview
    6.3.2 Market Size and Forecast
    6.4 Metalworking Fluid
    6.4.1 Market Overview
    6.4.2 Market Size and Forecast
    6.5 Automotive Oil
    6.5.1 Market Overview
    6.5.2 Market Size and Forecast
    6.6 Industrial Oil
    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 Forecast7. Base Oil Market, By Group
    7.1 Introduction
    7.2 Group I
    7.2.1 Market Overview
    7.2.2 Market Size and Forecast
    7.3 Group II
    7.3.1 Market Overview
    7.3.2 Market Size and Forecast
    7.4 Group III
    7.4.1 Market Overview
    7.4.2 Market Size and Forecast
    7.5 Group IV
    7.5.1 Market Overview
    7.5.2 Market Size and Forecast
    7.6 Group V
    7.6.1 Market Overview
    7.6.2 Market Size and Forecast
  5. Base Oil Market, By Geography
    8.1 Introduction
    8.2 North America
    8.2.1 North America Base Oil, By Type
    8.2.2 North America Base Oil, By Application
    8.2.3 North America Base Oil, By Group
    8.3 Europe
    8.3.1 Europe Base Oil, By Type
    8.3.2 Europe Base Oil, By Application
    8.3.3 Europe Base Oil, By Group
    8.4 Asia-Pacific
    8.4.1 Asia-Pacific Base Oil, By Type
    8.4.2 Asia-Pacific Base Oil, By Application
    8.4.3 Asia-Pacific Base Oil, By Group
    8.5 Rest of the World
    8.5.1 Rest of the World Base Oil, By Type
    8.5.2 Rest of the World Base Oil, By Application
    8.5.3 Rest of the World Base Oil, By Group9. 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
  6. Company Profiles
    10.1 Exxon Mobil Corporation
    10.1.1 Company Overview
    10.1.2 Product/Service Landscape
    10.1.3 Financial Overview
    10.1.4 Recent Developments
    10.2 Total S.A.
    10.2.1 Company Overview
    10.2.2 Product/Service Landscape
    10.2.3 Financial Overview
    10.2.4 Recent Developments
    10.3 H&R Ölwerke Schindler GmbH
    10.3.1 Company Overview
    10.3.2 Product/Service Landscape
    10.3.3 Financial Overview
    10.3.4 Recent Developments
    10.4 Saudi Aramco
    10.4.1 Company Overview
    10.4.2 Product/Service Landscape
    10.4.3 Financial Overview
    10.4.4 Recent Developments
    10.5 GS Caltex Corporation
    10.5.1 Company Overview
    10.5.2 Product/Service Landscape
    10.5.3 Financial Overview
    10.5.4 Recent Developments
    10.6 S-Oil Corporation
    10.6.1 Company Overview
    10.6.2 Product/Service Landscape
    10.6.3 Financial Overview
    10.6.4 Recent Developments
    10.7 Petrochina Company Limited
    10.7.1 Company Overview
    10.7.2 Product/Service Landscape
    10.7.3 Financial Overview
    10.7.4 Recent Developments
    10.8 SK-Pertamina/ Pertamina
    10.8.1 Company Overview
    10.8.2 Product/Service Landscape
    10.8.3 Financial Overview
    10.8.4 Recent Developments
    10.9 Sinopec
    10.9.1 Company Overview
    10.9.2 Product/Service Landscape
    10.9.3 Financial Overview
    10.9.4 Recent Developments
    10.10 HPCL
    10.10.1 Company Overview
    10.10.2 Product/Service Landscape
    10.10.3 Financial Overview
    10.10.4 Recent Developments
    10.11 Royal Dutch Shell PLC
    10.11.1 Company Overview
    10.11.2 Product/Service Landscape
    10.11.3 Financial Overview
    10.11.4 Recent Developments
    10.12 Chevron Corporation.
    10.12.1 Company Overview
    10.12.2 Product/Service Landscape
    10.12.3 Financial Overview
    10.12.4 Recent Developments
    10.13 Neste Oil
    10.13.1 Company Overview
    10.13.2 Product/Service Landscape
    10.13.3 Financial Overview
    10.13.4 Recent Developments
    10.14 Avista Oil AG
    10.14.1 Company Overview
    10.14.2 Product/Service Landscape
    10.14.3 Financial Overview
    10.14.4 Recent Developments
    10.15 Nynas AB
    10.15.1 Company Overview
    10.15.2 Product/Service Landscape
    10.15.3 Financial Overview
    10.15.4 Recent Developments
    10.16 Petronas
    10.16.1 Company Overview
    10.16.2 Product/Service Landscape
    10.16.3 Financial Overview
    10.16.4 Recent Developments
    10.17 Repsol
    10.17.1 Company Overview
    10.17.2 Product/Service Landscape
    10.17.3 Financial Overview
    10.17.4 Recent Developments
    10.18 Lotos Oil Sp. Z O.O.
    10.18.1 Company Overview
    10.18.2 Product/Service Landscape
    10.18.3 Financial Overview
    10.18.4 Recent Developments
    10.19 Ergon Inc
    10.19.1 Company Overview
    10.19.2 Product/Service Landscape
    10.19.3 Financial Overview
    10.19.4 Recent Developments
    10.20 Calumet Specialty Products Partners LP
    10.20.1 Company Overview
    10.20.2 Product/Service Landscape
    10.20.3 Financial Overview
    10.20.4 Recent Developments


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