Naphthenic Base Oil Market
PUBLISHED: 2020 ID: SMRC19938
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Naphthenic Base Oil Market

Naphthenic Base Oil - Global Market Outlook (2019-2027)

4.2 (92 reviews)
4.2 (92 reviews)
Published: 2020 ID: SMRC19938

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Naphthenic Base Oil Market is accounted for $1,913.24 million in 2019 and is expected to reach $3,412.22 million by 2027 growing at a CAGR of 7.5% during the forecast period. Increasing adoption of hybrid and electric vehicle, growing demand for high solvency products in several end-use industries, and rising R&D initiative by the government are some of the factors propelling the growth of the market. However, the availability of cheaper substitutes is hampering the growth of the market.
 

Naphthenic Base Oil - Global Market Outlook (2019-2027)


The naphthenic base oil is those which are processed from sweet crude oil distillates. These features enable a low point of pour on lighter viscosities and a high degree of solvency where stronger viscosities are needed. Naphthenic base oils also provide better low-temperature performance than paraffinic oils, which makes them ideal for formulating hydraulic fluids and automatic transmission fluids.

Based on the application, the process oil segment is anticipated to hold considerable market share during the forecast period due to the increasing demand for greener tire formulation that provides lower rolling resistance, lower fuel consumption, and lower carbon dioxide emissions. By geography, North America is expected to grow at a significant market share during the forecast period owing to the growth in the consumption of this oil, increase in adoption of hybrid vehicles in concern to environmental hazards and presence of the prominent key players in the region.

Some of the key players profiled in the Naphthenic Base Oil Market include W.S. Dodge Oil Co. Inc., UniSource Energy, Inc., SAC Petrobras S.A., Royal Dutch Shell Plc (Shell), Lubline LLC, PetroChina Company Limited, Nynas AB, Michang Oil industrial Co., Ltd., Lubricon Industries, Gulf Petrochem FZC, Ergon Inc., Calumet Specialty Products Partners, L.P, Apar Industries Ltd., and Resolute Oil, LLC.
  
Viscosity Indexs Covered:
• 35-60 SUS
• 80-130 SUS
• 200-300 SUS
• 400-800 SUS
• Above 1200 SUS 

Applications Covered:
• Rubber Oil
• Process Oil
• Metal Working
• Industrial Lubes & Grease 
• Electrical Oil   

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary         
           
2 Preface    
      
 2.1 Abstract         
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology       
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources      
  2.5.2 Secondary Research Sources      
  2.5.3 Assumptions       
           
3 Market Trend Analysis        
 3.1 Introduction        
 3.2 Drivers         
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats         
 3.6 Application Analysis       
 3.7 Emerging Markets        
 3.8 Impact of Covid-19        
           
4 Porters Five Force Analysis         
 4.1 Bargaining power of suppliers       
 4.2 Bargaining power of buyers       
 4.3 Threat of substitutes       
 4.4 Threat of new entrants       
 4.5 Competitive rivalry        
           
5 Global Naphthenic Base Oil Market, By Viscosity Index     
 5.1 Introduction        
 5.2 35-60 SUS         
 5.3 80-130 SUS        
 5.4 200-300 SUS        
 5.5 400-800 SUS        
 5.6 Above 1200 SUS        
           
6 Global Naphthenic Base Oil Market, By Application      
 6.1 Introduction        
 6.2 Rubber Oil        
 6.3 Process Oil        
 6.4 Metal Working        
 6.5 Industrial Lubes & Grease       
 6.6 Electrical Oil        
           
7 Global Naphthenic Base Oil Market, By Geography      
 7.1 Introduction        
 7.2 North America        
  7.2.1 US        
  7.2.2 Canada        
  7.2.3 Mexico        
 7.3 Europe         
  7.3.1 Germany        
  7.3.2 UK        
  7.3.3 Italy        
  7.3.4 France        
  7.3.5 Spain        
  7.3.6 Rest of Europe        
 7.4 Asia Pacific        
  7.4.1 Japan        
  7.4.2 China        
  7.4.3 India        
  7.4.4 Australia        
  7.4.5 New Zealand       
  7.4.6 South Korea       
  7.4.7 Rest of Asia Pacific       
 7.5 South America        
  7.5.1 Argentina       
  7.5.2 Brazil        
  7.5.3 Chile        
  7.5.4 Rest of South America      
 7.6 Middle East & Africa       
  7.6.1 Saudi Arabia       
  7.6.2 UAE        
  7.6.3 Qatar        
  7.6.4 South Africa       
  7.6.5 Rest of Middle East & Africa      
           
8 Key Developments         
 8.1 Agreements, Partnerships, Collaborations and Joint Ventures    
 8.2 Acquisitions & Mergers       
 8.3 New Product Launch       
 8.4 Expansions        
 8.5 Other Key Strategies       
           
9 Company Profiling         
 9.1 W.S. Dodge Oil Co. Inc.       
 9.2 UniSource Energy, Inc.       
 9.3 SAC Petrobras S.A.           
 9.4 Royal Dutch Shell Plc (Shell)       
 9.5 Lubline LLC          
 9.6 PetroChina Company Limited         
 9.7 Nynas AB         
 9.8 Michang Oil industrial Co., Ltd.      
 9.9 Lubricon Industries        
 9.10 Gulf Petrochem FZC        
 9.11 Ergon Inc.        
 9.12 Calumet Specialty Products Partners, L.P      
 9.13 Apar Industries Ltd.        
 9.14 Resolute Oil, LLC        


List of Tables          
1 Global Naphthenic Base Oil Market Outlook, By Region (2018-2027) ($MN)   
2 Global Naphthenic Base Oil Market Outlook, By Viscosity Index (2018-2027) ($MN)   
3 Global Naphthenic Base Oil Market Outlook, By 35-60 SUS (2018-2027) ($MN)   
4 Global Naphthenic Base Oil Market Outlook, By 80-130 SUS (2018-2027) ($MN)   
5 Global Naphthenic Base Oil Market Outlook, By 200-300 SUS (2018-2027) ($MN)   
6 Global Naphthenic Base Oil Market Outlook, By 400-800 SUS (2018-2027) ($MN)   
7 Global Naphthenic Base Oil Market Outlook, By 1200 SUS (2018-2027) ($MN)   
8 Global Naphthenic Base Oil Market Outlook, By Application (2018-2027) ($MN)   
9 Global Naphthenic Base Oil Market Outlook, By Rubber Oil (2018-2027) ($MN)   
10 Global Naphthenic Base Oil Market Outlook, By Process Oil (2018-2027) ($MN)   
11 Global Naphthenic Base Oil Market Outlook, By Metal Working (2018-2027) ($MN)   
12 Global Naphthenic Base Oil Market Outlook, By Industrial Lubes & Grease (2018-2027) ($MN)  
13 Global Naphthenic Base Oil Market Outlook, By Electrical Oil (2018-2027) ($MN)   
14 North America Naphthenic Base Oil Market Outlook, By Country (2018-2027) ($MN)  
15 North America Naphthenic Base Oil Market Outlook, By Viscosity Index (2018-2027) ($MN)  
16 North America Naphthenic Base Oil Market Outlook, By 35-60 SUS (2018-2027) ($MN)  
17 North America Naphthenic Base Oil Market Outlook, By 80-130 SUS (2018-2027) ($MN)  
18 North America Naphthenic Base Oil Market Outlook, By 200-300 SUS (2018-2027) ($MN)  
19 North America Naphthenic Base Oil Market Outlook, By 400-800 SUS (2018-2027) ($MN)  
20 North America Naphthenic Base Oil Market Outlook, By 1200 SUS (2018-2027) ($MN)  
21 North America Naphthenic Base Oil Market Outlook, By Application (2018-2027) ($MN)  
22 North America Naphthenic Base Oil Market Outlook, By Rubber Oil (2018-2027) ($MN)  
23 North America Naphthenic Base Oil Market Outlook, By Process Oil (2018-2027) ($MN)  
24 North America Naphthenic Base Oil Market Outlook, By Metal Working (2018-2027) ($MN)  
25 North America Naphthenic Base Oil Market Outlook, By Industrial Lubes & Grease (2018-2027) ($MN) 
26 North America Naphthenic Base Oil Market Outlook, By Electrical Oil (2018-2027) ($MN)  
27 Europe Naphthenic Base Oil Market Outlook, By Country (2018-2027) ($MN)   
28 Europe Naphthenic Base Oil Market Outlook, By Viscosity Index (2018-2027) ($MN)   
29 Europe Naphthenic Base Oil Market Outlook, By 35-60 SUS (2018-2027) ($MN)   
30 Europe Naphthenic Base Oil Market Outlook, By 80-130 SUS (2018-2027) ($MN)   
31 Europe Naphthenic Base Oil Market Outlook, By 200-300 SUS (2018-2027) ($MN)   
32 Europe Naphthenic Base Oil Market Outlook, By 400-800 SUS (2018-2027) ($MN)   
33 Europe Naphthenic Base Oil Market Outlook, By 1200 SUS (2018-2027) ($MN)   
34 Europe Naphthenic Base Oil Market Outlook, By Application (2018-2027) ($MN)   
35 Europe Naphthenic Base Oil Market Outlook, By Rubber Oil (2018-2027) ($MN)   
36 Europe Naphthenic Base Oil Market Outlook, By Process Oil (2018-2027) ($MN)   
37 Europe Naphthenic Base Oil Market Outlook, By Metal Working (2018-2027) ($MN)   
38 Europe Naphthenic Base Oil Market Outlook, By Industrial Lubes & Grease (2018-2027) ($MN)  
39 Europe Naphthenic Base Oil Market Outlook, By Electrical Oil (2018-2027) ($MN)   
40 Asia Pacific Naphthenic Base Oil Market Outlook, By Country (2018-2027) ($MN)   
41 Asia Pacific Naphthenic Base Oil Market Outlook, By Viscosity Index (2018-2027) ($MN)  
42 Asia Pacific Naphthenic Base Oil Market Outlook, By 35-60 SUS (2018-2027) ($MN)   
43 Asia Pacific Naphthenic Base Oil Market Outlook, By 80-130 SUS (2018-2027) ($MN)   
44 Asia Pacific Naphthenic Base Oil Market Outlook, By 200-300 SUS (2018-2027) ($MN)  
45 Asia Pacific Naphthenic Base Oil Market Outlook, By 400-800 SUS (2018-2027) ($MN)  
46 Asia Pacific Naphthenic Base Oil Market Outlook, By 1200 SUS (2018-2027) ($MN)   
47 Asia Pacific Naphthenic Base Oil Market Outlook, By Application (2018-2027) ($MN)  
48 Asia Pacific Naphthenic Base Oil Market Outlook, By Rubber Oil (2018-2027) ($MN)   
49 Asia Pacific Naphthenic Base Oil Market Outlook, By Process Oil (2018-2027) ($MN)   
50 Asia Pacific Naphthenic Base Oil Market Outlook, By Metal Working (2018-2027) ($MN)  
51 Asia Pacific Naphthenic Base Oil Market Outlook, By Industrial Lubes & Grease (2018-2027) ($MN) 
52 Asia Pacific Naphthenic Base Oil Market Outlook, By Electrical Oil (2018-2027) ($MN)  
53 South America Naphthenic Base Oil Market Outlook, By Country (2018-2027) ($MN)  
54 South America Naphthenic Base Oil Market Outlook, By Viscosity Index (2018-2027) ($MN)  
55 South America Naphthenic Base Oil Market Outlook, By 35-60 SUS (2018-2027) ($MN)  
56 South America Naphthenic Base Oil Market Outlook, By 80-130 SUS (2018-2027) ($MN)  
57 South America Naphthenic Base Oil Market Outlook, By 200-300 SUS (2018-2027) ($MN)  
58 South America Naphthenic Base Oil Market Outlook, By 400-800 SUS (2018-2027) ($MN)  
59 South America Naphthenic Base Oil Market Outlook, By 1200 SUS (2018-2027) ($MN)  
60 South America Naphthenic Base Oil Market Outlook, By Application (2018-2027) ($MN)  
61 South America Naphthenic Base Oil Market Outlook, By Rubber Oil (2018-2027) ($MN)  
62 South America Naphthenic Base Oil Market Outlook, By Process Oil (2018-2027) ($MN)  
63 South America Naphthenic Base Oil Market Outlook, By Metal Working (2018-2027) ($MN)  
64 South America Naphthenic Base Oil Market Outlook, By Industrial Lubes & Grease (2018-2027) ($MN) 
65 South America Naphthenic Base Oil Market Outlook, By Electrical Oil (2018-2027) ($MN)  
66 Middle East & Africa Naphthenic Base Oil Market Outlook, By Country (2018-2027) ($MN)  
67 Middle East & Africa Naphthenic Base Oil Market Outlook, By Viscosity Index (2018-2027) ($MN) 
68 Middle East & Africa Naphthenic Base Oil Market Outlook, By 35-60 SUS (2018-2027) ($MN)  
69 Middle East & Africa Naphthenic Base Oil Market Outlook, By 80-130 SUS (2018-2027) ($MN)  
70 Middle East & Africa Naphthenic Base Oil Market Outlook, By 200-300 SUS (2018-2027) ($MN)  
71 Middle East & Africa Naphthenic Base Oil Market Outlook, By 400-800 SUS (2018-2027) ($MN)  
72 Middle East & Africa Naphthenic Base Oil Market Outlook, By 1200 SUS (2018-2027) ($MN)  
73 Middle East & Africa Naphthenic Base Oil Market Outlook, By Application (2018-2027) ($MN)  
74 Middle East & Africa Naphthenic Base Oil Market Outlook, By Rubber Oil (2018-2027) ($MN)  
75 Middle East & Africa Naphthenic Base Oil Market Outlook, By Process Oil (2018-2027) ($MN)  
76 Middle East & Africa Naphthenic Base Oil Market Outlook, By Metal Working (2018-2027) ($MN) 
77 Middle East & Africa Naphthenic Base Oil Market Outlook, By Industrial Lubes & Grease (2018-2027) ($MN)
78 Middle East & Africa Naphthenic Base Oil Market Outlook, By Electrical Oil (2018-2027) ($MN)  

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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