Showing posts with label Base Oil Market. Show all posts
Showing posts with label Base Oil Market. Show all posts

Thursday, 10 December 2015

Global Base Oil Market: Strong Presence of Automobile Industry in Europe Propels Market


The global base oil market, titled “Base Oil Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2020”. According to the report estimates, the market, which had a valuation of US$34.5 bn in 2014, will be worth US$30.9 bn by 2020, depreciating in valuation during the forecast horizon. By volume, however, the demand for base oils will expand at a CAGR of 1.40% from 2015 to 2020 to rise to 39,614.7 kilo tons by 2020.The report points out that the flourishing automobile industry has been exhibiting increased demand for finished lubricants for improved vehicle performance. With strict emission standards in place across the globe, lubricant formulation methods have undergone significant change in recent years, thereby complementing growth of the market.

In-depth research report on Global Base Oil Market with Full TOC at : http://www.transparencymarketresearch.com/base-oils-lubes-market.html

Rapid industrialization in emerging economies, where lubricants are needed in large volume across a large number of end-use industries, is benefitting the global base oil market. However, plummeting crude oil prices, along with refiners’ gradual shift towards heavy, sour crude oil, will have a negative impact on the global market for base oil. Nevertheless, the introduction of gas-to-liquid technology holds immense promise for the market, since it will open opportunities for pure and efficient base oils to be available at competitive prices in the future.On the basis of product, Group I, Group II, Group III, and others are the segments of the base oil market. According to the report findings, the demand for Group I base oils will drop significantly by 2020 due to the increasing preference for superior grade Group II and Group III base oils for industrial and automotive applications in North American and European countries.

However, in Asia Pacific, South America, and the Middle East, the demand for certain grades of Group I, such as Bright Stock, will be on the rise. With strict emission control standards in place, the demand for Group III base oil is expected to be higher, especially due to its usage in finished lubricants in the automotive sector. By application, process oils, metalworking fluids, hydraulic oils, industrial oils, automotive oils, and others are the segments of the global base oil market. In 2014, it is the automotive oils application segment that dominated the overall market, and the segment is expected to retain its lead position during the forecast period. Automotive oils exhibit the highest demand from Europe, due to the region being an established base for the automotive industry.Some of the major companies that are listed in the global base oil market are Sinopec Corporation, Royal Dutch Shell plc., S-Oil Corporation, Chevron Corporation, GS Caltex Corporation, PetroChina Company Limited, Phillips 66 Company, ExxonMobil Corporation, SK Lubricants Co. Ltd., BP plc., and MOGoil GmbH.


Global Base Oil Market: Product Analysis

Group I

  • SN150
  • BS150
  • SN500
  • Others
Group II

  • 150N
  • 500N
  • 600N
  • Others

Group III

  • 2cSt
  • 4cSt
  • 6cSt
  • 8cSt

Others

Global Base Oil Market: Application Analysis

  • Automotive Oils
  • Industrial Oils
  • Process Oils
  • Metalworking Fluids
  • Hydraulic Oils
  • Others

Global Base Oil Market: Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

Browse TMR Blog Energy Reports : http://www.tmrblog.com/search/label/Energy

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Mr.Sudip.S
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453


Friday, 25 September 2015

Global Base Oil Market: Growing Demand from Automotive Sector to Drive Market Growth at 1.40% CAGR

According to a recent market research report released by Transparency Market Research, the global base oil market is estimated to expand at a CAGR of 1.4% during the period between 2015 and 2020. The report, titled “Base Oil Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2020”, estimates the demand for base oils to reach up to 39,614.7 kilo tons by 2020. However, the valuation of the overall market is expected to drop during the forecast horizon. The overall market was worth US$34,514.1 mn in 2014 and is expected to be valued at US$30,973.1 mn by 2020.

Browse Base Oil Market Report with Full TOC at http://www.transparencymarketresearch.com/base-oils-lubes-market.html

The report points out that the growth in automobile industry has resulted to increased demand for finished lubricants. Stringent emission standards across the globe have led to change in lubricant formulation methods. Further, rapid industrialization in emerging economies has propelled the demand for lubricants from various end user segments. All these factors are expected to push the growth of the global base oil market. However, the report notes that the plummeting crude oil prices along with gradual shift to heavy, sour crude oil by refiners will negatively impact the overall base oil market. The market witnesses a significant opportunity to grow with the introduction of gas-to-liquid technology that will increase the supply of highly pure and efficient base oils at competitive prices in future.

On the basis of product type, the report segments the global base oil market into Group I, Group II, Group III, and others. The report estimates the demand for Group I base oils to fall significantly by 2020 due to the increasing preference for superior quality Group II and Group III base oils in industrial and automotive sectors in Europe and North America. However, in regions such as Asia Pacific, the Middle East, and South America, the demand for certain grades of Group I oil such as Bright Stock will be high. With more rigid emission control standards, the demand for Group III base oil will be higher, especially in the automotive sector for manufacturing finished lubricants.


In terms of applications, the report categorizes the global base oil market into process oils, industrial oils, metalworking fluids, automotive oils, hydraulic oils, and others. In 2014, automotive oils dominated the overall base oil market and is forecasted to lead the market in the next couple of years.

The report studies the global base oil market across Europe, North America, Central and South America, Asia Pacific, and Middle East and Africa. With the presence of majority of global auto manufacturers in Europe, the region contributes significantly towards the demand for automotive oils.
The report profiles some of the key players in the global base oil market such as Sinopec Corporation, Phillips 66 Company, Royal Dutch Shell plc, ExxonMobil Corporation, S-Oil Corporation, SK Lubricants Co. Ltd., Chevron Corporation, BP plc, GS Caltex Corporation, MOGoil GmbH, and PetroChina Company Limited.

Article Of Base Oil Market

Global Base Oil Market: Product Analysis

Group I

  • SN150
  • BS150
  • SN500
  • Others
Group II

  • 150N
  • 500N
  • 600N
  • Others

Group III

  • 2cSt
  • 4cSt
  • 6cSt
  • 8cSt

Others

Global Base Oil Market: Application Analysis

  • Automotive Oils
  • Industrial Oils
  • Process Oils
  • Metalworking Fluids
  • Hydraulic Oils
  • Others

Global Base Oil Market: Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

Browse TMR Blog Energy Reports : http://www.tmrblog.com/search/label/Energy

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Mr.Nachiket
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453


Thursday, 11 June 2015

Base Oil Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2020

This research study is designed to analyze the global market for base oil, both in terms of volume (Kilo Tons) and revenue (USD Million). The market for base oil has been segmented on the basis of product type and application. The product type has been further sub-segmented into prominent grades of base oils predominantly used in the industry. The market has also been segmented at a regional level. The regional segments provided in this study are North America, Europe, Asia Pacific, the Middle East and Africa, and South and Central America. The report features a detailed regional segmentation along with growth forecasts for the period 2015–2020. Projections have been provided for both product types and applications under each region. Apart from projections, historical data regarding the consumption of base oils has also been provided in the report. While the historical data is presented for the period 2008–2014, all forecasts have been provided for the period 2015–2020.

Browse Base Oil Market Report with Full TOC at http://www.transparencymarketresearch.com/base-oils-lubes-market.html

This report includes the key market dynamics affecting the demand for base oil globally. As a part of our market dynamics analysis, we have analyzed market drivers, market restraints, and market opportunities. A comprehensive competitive landscape, which includes company market share analysis and market attractiveness analysis, has also been provided in this report. The report also provides a detailed industry analysis of the global base oil market with the help of the Porter’s Five Forces model. The Porter’s Five Forces analysis aids in understanding the five major forces that affect the industry structure and profitability of the global base oil market. The forces analyzed are the bargaining power of buyers, bargaining power of suppliers, threat from new entrants, threat from substitutes, and degree of competition.

The study also includes the value chain of the global base oil market, which provides a glimpse of the upstream, midstream, and downstream players involved in the business as well as their interaction with the ultimate end-users of the product. The market share analysis has been done keeping in perspective the base oil production capacities of the major market players. The market attractiveness analysis for the base oil market has been done on the basis of the product type. The attractiveness analysis involves benchmarking and ranking of each product grade on the basis of numerous parameters. The parameters selected are likely to have a pronounced effect on the demand for each grade of base oils, both currently and in the future.


The product grade analysis has been done, both on a global and regional level. The overall base oil market has been segmented as Group I base oils, Group II base oils, Group III base oils, and others. The others segment primarily comprises synthetic and naphthenic base oils. The Group I base oils have been further sub-segmented into SN150, BS150, SN500, and others. The Group II base oils have been further sub-segmented into 150N, 500N, 600N, and others. The Group III base oils have been sub-segmented into 2cSt, 4cSt, 6cSt, and 8cSt. The primary application segments for base oils that have been identified in this market study include automotive oils, process oils, industrial oils, metalworking fluids, hydraulic oils, and others. The others segment primarily comprises greases.

The key participants in the global base oil market include ExxonMobil Corporation, Royal Dutch Shell plc, SK Lubricants Co. Ltd., and S-Oil Corporation. Other market players that have been profiled in this market report include Chevron Corporation, Sinopec Corporation, Phillips 66 Company, BP plc, GS Caltex Corporation, MOGoil GmbH, and PetroChina Company Limited. This report provides an overview of these companies, followed by their financial revenues, business strategies, and recent developments.


Global Base Oil Market: Product Analysis

Group I
SN150
BS150
SN500
Others

Group II
150N
500N
600N
Others

Group III
2cSt
4cSt
6cSt
8cSt

Others

Global Base Oil Market: Application Analysis

  • Automotive Oils
  • Industrial Oils
  • Process Oils
  • Metalworking Fluids
  • Hydraulic Oils
  • Others

Global Base Oil Market: Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Mr.Nachiket
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453


Friday, 29 May 2015

Base Oil Market Segment Forecasts up to 2020, Research Reports:Transparency Market Research

According to the findings of the research report, in terms of volume, the demand for base oil in the global market was 36168.4 kilo tons in 2013 and is expected to be 41441.3 kilo tons by the end of 2020. On the basis of revenues, in 2013, the global base oil market was worth US$40599.6 million and is projected to reach US$46724.3 million by the end of 2020, exhibiting 2.1% CAGR between the years 2014 and 2020.

Browse Base Oil Market Report with Full TOC at http://www.transparencymarketresearch.com/base-oils-lubes-market.html

The increased growth of automotive industry and rapid industrialization are boosting the demand for finished lubricants in the global base oil market. Moreover, the rigid emission regulations in developing economies are also fueling the demand for lubricants by different end use industries. However, the constant shifts to sour and heavy crude oil by refiners are expected to hamper the production of base oil during the forecast period.The global base oils market has been segmented on the basis of its products into group I, group II, and group III. The group I is sub-segmented into BS150, SN150, SN500, and others. The group II has been further sub-segmented into 600N, 500N, 150N, and others. Furthermore, the group III has been sub-segmented into 6cSt, 4cSt, and others. In the recent few years, in terms of consumption and production, group I segment dominated the global base oils market however, it is losing the market share at a fast pace. Group II and Group III bear high-quality, due to which they cater to the emission norms.
The research report has segmented the global base oil market on the basis of its application into hydraulic oils, industrial oils, process oils, metalworking fluids, automotive oils, and others. In 2013, the automotive oils segment dominated the global base oil market, accounting for 45.0% of the total consumption. In the present scenario, the automotive oils segment prefers using high-quality Group II and Group III base oils, instead of Group I for the purpose of formulation of lubricants. Similarly, industrial oils also prefer using Group II base oils rather than Group I base oils.The global base oils market has been geographically segmented into Central and South America, North America, Middle East and Africa, Asia Pacific, and Europe. In 2013, Asia Pacific led the global base oils market, accounting for 39.7% of the overall share and is expected to continue with its dominance through the forecast period. The dominance of Asia Pacific can be attributed to the fast developing countries such as China and India. The consumption of Group I is expected to remain dominant in Middle East and Africa, Asia Pacific, and South America in the forecast period.


The research report has provided with detailed analysis of the players operating in the global base oil market. Some of the prominent players include Chevron Corporation, SINOPEC Corporation, SK Lubricants, MOGoil GmbH, Philips 66 Company, PetroChina Company Limited, BP plc, ExxonMobil Corporation, S-Oil Corporation, Royal Dutch Shell Plc, and GS Caltex Corporation.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact :
Mr. Atil
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453