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市场调查报告书
商品编码
1857186

全球加工油市场,2024-2031年

Process Oils Market, Global, 2024-2031

出版日期: | 出版商: Frost & Sullivan | 英文 62 Pages | 商品交期: 最快1-2个工作天内

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简介目录

循环经济、电气化以及对可生物降解和无毒产品的需求将推动变革性成长。

加工油是化学和技术行业中使用的特殊天然或合成润滑油,既可作为最终产品的主要成分,也可作为原料的加工助剂。

加工油相比原油具有许多优势,包括更高的稳定性、更优异的性能以及与其他材料的更佳相容性。此外,加工油的应用效率更高,减少了频繁更换的需求。例如,橡胶加工油能够改善橡胶製品的加工性能和质量,而绿色橡胶加工油则为传统的橡胶加工油提供了环保替代方案。

本报告重点关注产业趋势和颠覆性因素,分析预计将推动加工油需求成长的新兴和未来趋势。本研究是近期全球润滑油市场预测报告的补充。

研究週期为2022年至2031年,以2024年为基准年,2025年至2031年为预测期间。调查的加工油包括白油、变压器油(电气油)和橡胶加工油,每种油都按应用和产品类型进行分类。

加工油产业三大战略挑战的影响

变革性大趋势

  • 原因
  • 循环经济运动正在为加工油产业和化学工业的许多其他领域带来重大变革。
  • 大豆油、棕榈油、菜籽油和葵花籽油等植物油因其可生物降解性和低毒性而越来越受欢迎。
  • 大豆加工油在轮胎和聚合物加工领域中得到了越来越广泛的应用。
  • 弗罗斯特的观点
  • 为了维持重要的市场地位,必须投资开发碳足迹更低、永续性更强的加工油。过去,欧洲对蒸馏芳烃萃取物(DAE)的禁令迫使全球製造商逐步淘汰DAE。未来,类似的环境影响法规可能会持续影响整个产业的发展方向。
  • 轮胎和橡胶製造商正在主导环保加工油的转型。
  • 在预测期内,终端应用(尤其是工业和汽车应用)的成长预计将影响加工油的需求,但可能会促使该行业走向更永续的发展。

地缘政治动盪

  • 原因:
  • 加工油市场容易受到地缘政治不稳定的影响,这会影响原料供应、价格、贸易政策和供应链效率。
  • 对俄罗斯原油和石化产品的製裁导致加工油的关键原料短缺,尤其是在欧洲,因为那里是主要生产商的所在地。
  • 此外,美国之间的紧张关係以及美国新政府的政策可能会导致不透明的关税和贸易限制,从而影响轮胎等原材料和最终产品的进出口。
  • 弗罗斯特的观点:
  • 对中东和俄罗斯原油的高度依赖使企业极易受到製裁、欧佩克决策和区域衝突的影响。实现原材料来源多元化并增加本地供应是避免此类情况的有效途径。
  • 埃克森美孚、雪佛龙和道达尔能源等公司越来越多地从美洲和亚太地区采购原料。
  • 高效的库存管理也至关重要,製造商可能会调整策略以确保原材料供应。

竞争加剧

  • 原因:
  • 加工油市场正面临着来自现有企业和专注于永续性、创新和地理扩张的新参与企业的日益激烈的竞争。
  • Novvi LLC、Biosynthetic Technologies 和 Kraton 等新参与企业正以生物基、食品级、无毒产品颠覆市场。
  • 同时,马来西亚国家石油公司(Petronas)和韩国SK润滑油公司等亚洲企业也开始进入特种加工油市场。
  • 弗罗斯特的观点
  • 新的竞争格局和亚洲企业的积极扩张有可能加剧市场竞争,对传统石油公司构成挑战。亚太地区,尤其是中国和印度,是一个高成长市场,竞争日益激烈。
  • 因此,埃克森美孚、壳牌、雪佛龙、道达尔能源和尼纳斯等大型石油公司正在转向使用低芳烃、高性能的生物基加工油。
  • 创新、投资永续产品、加强供应链以及在高成长地区布局,是市场参与企业必须考虑的重要因素。

分析范围

  • 加工油是化学和技术行业中使用的专用天然或合成润滑油,既可作为最终产品的主要成分,也可作为原料的加工助剂。
  • 加工油相比原油具有许多优势,包括更高的稳定性、更优异的性能以及与其他材料的更佳相容性。此外,加工油的应用效率更高,减少了频繁更换的需求。例如,橡胶加工油能够改善橡胶製品的加工性能和质量,而绿色橡胶加工油则为传统的橡胶加工油提供了环保替代方案。
  • 本报告重点关注趋势和颠覆性因素,分析有望推动加工油需求的产业新趋势和即将出现的趋势。
  • 这项研究是对弗若斯特沙利文近期发布的全球润滑油市场预测报告的补充。

竞争环境

竞争对手数量

  • 超过50家公司

竞争因素

  • 客户销售支援、供应的接近性和/或稳定性、规格的一致性以及对最终用户指定的品质测试的遵守,包括芳烃含量和黏度的品质测试。

主要终端用户产业

  • 橡胶加工商和轮胎製造商、塑胶製造商、製药製造商、个人护理和家居护理製造商、电力公司、经销商

主要竞争对手

  • H&R、Ergon、Ninus、壳牌、中石化、Calumet、埃克森美孚

前五大公司销售额份额(2024 年)

  • 25%

其他值得关注的竞争对手

  • IRPC、NX Nippon、Repsol、Gandhar Oil、IOCL、HPCL、Apar、Chevron、Phillips66、HollyFrontier(HF Sinclair)

流通结构

  • 直销和经销商

主要竞争对手

白油

  • Nynas
  • Shell
  • H&R Group
  • ExxonMobil
  • Chevron Corporation
  • Calumet
  • Apar Industries
  • Gandhar Oil
  • Raj Petro
  • PetroChina
  • Sinopec
  • Petro Canada
  • Sasol
  • BP
  • BPCL
  • Sonnenborn

萨维塔油

  • HollyFrontier (HF Sinclair)
  • Rubber Process Oils
  • H&R Group
  • Nynas
  • Shell
  • Ergon
  • ExxonMobil
  • TotalEnergies
  • Calumet
  • Chevron Corporation
  • Repsol
  • PetroChina
  • IOCL
  • HPCL
  • ENEOS Xplora Inc.
  • HollyFrontier (HF Sinclair)

变压器油

  • Nynas
  • Shell
  • Ergon
  • ExxonMobil
  • Calumet
  • Cargill
  • Apar Industries
  • Gandhar Oil
  • PetroChina
  • Valvoline Inc
  • Sinopec
  • San Joaquin Refining Co. Inc.
  • IOCL
  • Engen Petroleum

成长驱动因素

  • 电网的扩张推动了电力产业的发展,进而增加了对变压器油的需求。
  • 加工油市场正在逐步整合,大型企业不断扩张并收购利基公司。
  • 预计到 2026 年,全球塑胶市场规模将达到 7,531 亿美元,2021 年至 2026 年的复合年增长率为 5.2%。
  • 锂离子电池隔膜预计将成为白油成长最快的应用领域。
  • 成长的驱动力来自轮胎产业的发展,而高性能轮胎和新材料(如轮胎中的天然橡胶(乳胶)和二氧化硅填料)的出现,则提供了低滚动阻力。

成长抑制因素

  • 终端行业的监管压力和合规要求阻碍了市场发展。
  • 高昂的投资成本,包括产品核可成本,对新参与企业构成市场限制。
  • 技术进步正在抑制对传统等级润滑油的需求,尤其是对变压器润滑油的需求。
  • 各地区,尤其是欧洲和北美地区,越来越重视可再生能源发电,抑制了加工油市场的发展。

目录

调查范围

  • 分析范围
  • 按应用程式和产品类型进行细分
  • 地理覆盖范围

成长环境:全球加工油市场的变化

  • 为什么成长变得越来越难?
  • The Strategic Imperative 8(TM)
  • 加工油产业三大战略挑战的影响

加工油全球市场生态系统

  • 价值链
  • 价值链分析
  • 竞争环境
  • 全球加工油产业的併购
  • 主要竞争对手

全球加工油市场成长要素

  • 成长指标
  • 成长驱动因素
  • 成长驱动因素分析
  • 成长抑制因素
  • 成长抑制因素分析
  • 营收和销售预测
  • 营收和销售预测分析
  • 平均价格预测
  • 价格趋势和预测分析
  • 按产品细分市场分類的销售预测
  • 按产品细分市场分類的收入预测
  • 按最终用户分類的销售预测
  • 按最终用户分類的收入预测
  • 按地区分類的销售预测
  • 按地区分類的收入预测

按地区分類的销售量和收入预测分析

  • 加工油监理:关键决策者
  • 加工油法规
  • 其他重要法规:影响加工油的工业和环境法规
  • 收益分成
  • 收入份额分析

成长要素:白油

  • 细分市场特征及概述
  • 细分市场特征和用途
  • 成长指标
  • 预测假设:白油应用
  • 营收和销售预测
  • 营收和销售预测分析
  • 按等级分類的收入分成
  • 按地区分類的销售预测
  • 按地区分類的收入预测
  • 按地区分類的销售量和收入预测分析

成长要素:橡胶加工油

  • 细分市场特征及概述
  • 成长指标
  • 预测的前提:使用橡胶加工油
  • 营收和销售预测
  • 营收和销售预测分析
  • 按地区分類的销售预测
  • 按地区分類的收入预测
  • 按地区分類的销售量和收入预测分析

成长要素:变压器油

  • 细分市场特征及概述
  • 细分市场特征和要求
  • 成长指标
  • 预测的前提条件:变压器油应用
  • 营收和销售预测
  • 营收和销售预测分析
  • 按地区分類的销售预测
  • 按地区分類的收入预测
  • 按地区分類的销售量和收入预测分析

加工油市场的成长机会

  • 成长机会 1:浸没式冷却液中的白油
  • 成长机会2:高性能轮胎与电动车轮胎
  • 成长机会3:轮胎生产区域化导致橡胶加工油需求增加

附录与后续步骤

  • 成长机会带来的益处和影响
  • 下一步
  • 图表清单
  • 免责声明
简介目录
Product Code: MH76-92

Circular Economy, Electrification, and the Need for Biodegradable, Non-Toxic Products are Driving Transformational Growth

Process oils are specialized natural or synthetic lubricants used in the chemical and technical industries. They serve either as key ingredients in finished products or as processing aids for raw materials.

Process oils offer several advantages over unprocessed oils, including enhanced stability, improved performance, and better compatibility with other materials. They are also more efficient in their applications, minimizing the need for frequent replacements. For example, rubber process oils enhance the processability and quality of rubber products, while green rubber process oils provide environmentally friendly alternatives to conventional rubber process oils.

This report focuses on trends and disruptions and analyzes new and upcoming trends in industries that are expected to drive demand for process oils. The study will complement our recent market forecast report on the global lubricants market.

The study period is 2022-2031, with 2024 as the base year and 2025-2031 as the forecast period. The process oils examined are white oils, transformer oils (electrical oils), and rubber process oils, each segmented by application and product type.

The Impact of the Top 3 Strategic Imperatives on the Process Oil Industry

Transformative Megatrends

  • Why:
  • Circular economy trends are massively transforming the process oils industry and many other areas of the chemical industry.
  • Vegetable-based oils such as soybean, palm, rapeseed, and sunflower oils are gaining popularity due to biodegradability and low toxicity.
  • Soy-based process oils increasingly find applications in tire and polymer processing.
  • Frost Perspective:
  • Investing in the development of process oils with a lower carbon footprint and improved sustainability is imperative to remain significant in the market. In the past, banning distillate aromatic extract (DAE) in Europe forced the manufacturers worldwide to shift away from DAE. Similar regulations, driven by environmental impact, will shape the industry in the future.
  • Tire and rubber manufacturers are leading the transition toward eco-friendly process oils.
  • While the growth in end applications, especially in industrial and automotive applications, during the forecast period, will impact process oil demand, it will also transform into a more sustainable industry.

Geopolitical Chaos

  • Why:
  • The process oils market is susceptible to geopolitical instability, which affects raw material availability, pricing, trade policies, and supply chain efficiency.
  • Sanctions on Russian crude oil and petrochemicals have caused shortages in crucial feedstocks for process oils, especially in Europe, which is home to leading manufacturers.
  • In addition, US-China tensions and policies of the new US government could result in uncertain tariffs and trade restrictions affecting the import/export of feedstock and end products, such as tires.
  • Frost Perspective:
  • Heavy reliance on Middle Eastern or Russian crude oil makes companies vulnerable to sanctions, OPEC decisions, and regional conflicts. To avoid this, diversifying feedstock sources and local supply can be advantageous.
  • Companies like ExxonMobil, Chevron, and TotalEnergies are increasing sourcing from the Americas and APAC.
  • Efficient inventory management will also be essential, allowing manufacturers to adjust strategies to secure feedstock availability.

Competitive Intensity

  • Why:
  • The process oils market is experiencing increasing competition from both established players and new entrants focusing on sustainability, innovation, and regional expansion.
  • New players such as Novvi LLC, Biosynthetic Technologies, and Kraton are disrupting the market with biobased, food-grade, and non-toxic products.
  • Simultaneously, Asian players such as Petronas (Malaysia) and SK Lubricants (South Korea) have penetrated the specialty process oils market.
  • Frost Perspective:
  • New competition and aggressive expansion of Asian players pose challenges for traditional oil manufacturers by potentially making the market highly competitive. APAC, especially China and India, is a high-growth market, intensifying competition.
  • As a result, oil majors such as ExxonMobil, Shell, Chevron, TotalEnergies, and Nynas are shifting toward low-aromatic, high-performance, and bio-based process oils.
  • Innovation, investment in sustainable products, and a strengthened supply chain, and presence in high-growth regions are essential considerations for market participants.

Scope of Analysis

  • Process oils are specialized natural or synthetic lubricants used in the chemical and technical industries. They serve either as key ingredients in finished products or as processing aids for raw materials.
  • Process oils offer several advantages over unprocessed oils, including enhanced stability, improved performance, and better compatibility with other materials. They are also more efficient in their applications, minimizing the need for frequent replacements. For example, rubber process oils enhance the processability and quality of rubber products, while green rubber process oils provide environmentally friendly alternatives to conventional rubber process oils.
  • This report will focus on trends and disruptions and analyze new and upcoming trends in industries that are expected to drive demand for process oils.
  • The study will complement Frost & Sullivan's recent market forecast report on the global lubricants market, which can be accessed through this

Competitive Environment

Number of Competitors

  • 50+

Competitive Factors

  • Customer sales support; proximity and/or consistency in supply; consistency in specifications; adherence to quality tests specified by end users, including quality tests for aromatic content and viscosity

Key End-user Industry Verticals

  • Rubber processors and tire manufacturers, plastic manufacturers, pharmaceutical manufacturers, personal and home care producers, power companies, distributors

Leading Competitors

  • H&R, Ergon, Nynas, Shell, Sinopec, Calumet, ExxonMobil

Revenue Share of Top 5 Competitors (2024)

  • 25%

Other Notable Competitors

  • IRPC, NX Nippon, Repsol, Gandhar Oil, IOCL, HPCL, Apar, Chevron, Phillips66, HollyFrontier (HF Sinclair)

Distribution Structure

  • Direct sales and distributors

Key Competitors

White Oils

  • Nynas
  • Shell
  • H&R Group
  • ExxonMobil
  • Chevron Corporation
  • Calumet
  • Apar Industries
  • Gandhar Oil
  • Raj Petro
  • PetroChina
  • Sinopec
  • Petro Canada
  • Sasol
  • BP
  • BPCL
  • Sonnenborn

Savita Oil

  • HollyFrontier (HF Sinclair)
  • Rubber Process Oils
  • H&R Group
  • Nynas
  • Shell
  • Ergon
  • ExxonMobil
  • TotalEnergies
  • Calumet
  • Chevron Corporation
  • Repsol
  • PetroChina
  • IOCL
  • HPCL
  • ENEOS Xplora Inc.
  • HollyFrontier (HF Sinclair)

Transformer Oils

  • Nynas
  • Shell
  • Ergon
  • ExxonMobil
  • Calumet
  • Cargill
  • Apar Industries
  • Gandhar Oil
  • PetroChina
  • Valvoline Inc
  • Sinopec
  • San Joaquin Refining Co. Inc.
  • IOCL
  • Engen Petroleum

Growth Drivers

  • The expansion of electrical grids will drive the power sector and, thus, transformer oil demand.
  • The process oil market is gradually moving toward consolidation, with larger players expanding and acquiring niche companies.
  • The global plastic market is forecast to record a 5.2% CAGR between 2021 and 2026 to reach $753.1 billion by 2026.
  • Lithium-ion battery separators are expected to be the fastest-growing application for white oils.
  • Developments in the tire industry, driven by high-performance tires and new materials, including natural rubber (latex) in tires, along with lower rolling resistance silica fillers, are a growth driver.

Growth Restraints

  • Regulatory pressure and adherence to norms across end industries restrain the market.
  • High investment costs, including product approval costs, for new entrants restrain the market.
  • Technological advancements hamper the demand for conventional grades, especially for transformer oils.
  • Rising focus on renewable power generation across regions, especially in Europe and North America, restrains the process oil market.

Table of Contents

Research Scope

  • Scope of Analysis
  • Segmentation by Application and Product Type
  • Geographic Scope

Growth Environment: Transformation in the Global Process Oils Market

  • Why is it Increasingly Difficult to Grow?
  • The Strategic Imperative 8™
  • The Impact of the Top 3 Strategic Imperatives on the Process Oil Industry

Ecosystem in the Global Process Oils Market

  • Value Chain
  • Value Chain Analysis
  • Competitive Environment
  • M&As in the Global Process Oils Industry
  • Key Competitors

Growth Generator in Global Process Oils Market

  • Growth Metrics
  • Growth Drivers
  • Growth Driver Analysis
  • Growth Restraints
  • Growth Restraint Analysis
  • Revenue and Volume Forecast
  • Revenue and Volume Forecast Analysis
  • Average Price Forecast
  • Pricing Trends and Forecast Analysis
  • Volume Forecast by Product Segment
  • Revenue Forecast by Product Segment
  • Volume Forecast by End User
  • Revenue Forecast by End User
  • Volume Forecast by Region
  • Revenue Forecast by Region

Volume and Revenue Forecast Analysis by Region

  • Regulations on Process Oils: Major Decision-Makers
  • Regulations Governing Process Oils
  • Other Major Regulations: Specific Regulations Affecting Industries and Environmental Regulations for Process Oils
  • Revenue Share
  • Revenue Share Analysis

Growth Generator: White Oils

  • Segment Characteristics and Overview
  • Segment Characteristics and Applications
  • Growth Metrics
  • Forecast Assumptions: White Oil Applications
  • Revenue and Volume Forecast
  • Revenue and Volume Forecast Analysis
  • Revenue Share by Grade
  • Volume Forecast by Region
  • Revenue Forecast by Region
  • Volume and Revenue Forecast Analysis by Region

Growth Generator: Rubber Process Oils

  • Segment Characteristics and Overview
  • Growth Metrics
  • Forecast Assumptions: Rubber Process Oil Applications
  • Revenue and Volume Forecast
  • Revenue and Volume Forecast Analysis
  • Volume Forecast by Region
  • Revenue Forecast by Region
  • Volume and Revenue Forecast Analysis by Region

Growth Generator: Transformer Oils

  • Segment Characteristics and Overview
  • Segment Characteristics and Requirements
  • Growth Metrics
  • Forecast Assumptions: Transformer Oil Applications
  • Revenue and Volume Forecast
  • Revenue and Volume Forecast Analysis
  • Volume Forecast by Region
  • Revenue Forecast by Region
  • Volume and Revenue Forecast Analysis by Region

Growth Opportunity Universe in the Process Oils Market

  • Growth Opportunity 1: White Oils in Immersion Cooling Liquids
  • Growth Opportunity 2: High-Performance and EV Tires
  • Growth Opportunity 3: Rubber Process Oil Demand Due to Localized Tire Production

Appendix & Next Steps

  • Benefits and Impacts of Growth Opportunities
  • Next Steps
  • List of Exhibits
  • Legal Disclaimer