Product Code: VMR11215890
The global demand for Naphthenic Base Oil Market is presumed to reach the market size of nearly USD 4.8 Billion by 2032 from USD 3.24 Billion in 2023 with a CAGR of 4.46% under the study period 2024-2032.
Naphthenic base oil is a fraction of crude oil. It contains little or no wax, offers excellent low-temperature properties, good solvency, low aniline point, high VGC, and a high proportion of naphthenic molecules. Naphthenic base oil is preferred for specialty products manufacture and compounding. These properties make naphthenic oils particularly useful for the specialty oil market, including transformer oils, process oils, metalworking fluids, and lubricating oils.
MARKET DYNAMICS
An increase in the adoption of hybrid and electric vehicles, rise in the R&D initiative by various governments, booming end-use industries such as automotive and metalworking, and significant investments in the energy and power industry are accelerating demand for naphthenic base oil. Rising demand for transformer oils, process oils, metalworking fluids, and lubricating oils drives naphthenic base oil demand. However, the development of new additives for paraffinic oils is obstructing the global naphthenic base oil market. Moreover, the unstable price of raw materials and environmental concerns hamper market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Naphthenic Base Oil Market. The growth and trends of Naphthenic Base Oil Market industry provide a holistic approach to this study.
MARKET SEGMENTATION
This section of the Naphthenic Base Oil market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Viscosity Index
- 35-60 SUS
- 80-130 SUS
- 200-300 SUS
- 400-800 SUS
- Above 800 SUS
By Application
- Process Oil
- Electrical Oil
- Lubricants & Greases (Metalworking Fluids, Greases, Others)
REGIONAL ANALYSIS
This section covers the regional outlook, which accentuates current and future demand for the Naphthenic Base Oil Market market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Naphthenic Base Oil market include Ergon International Inc., Shell Plc, Nynas AB, Calumet Speciality Products Partners LP, Petrobras, Apar Industries Ltd, PetroChina Pvt Ltd, Argos International, Lubline, Eastern Petroleum Pvt Ltd., Saudi Arabian Oil Company, Resolute Oil LLC. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
TABLE OF CONTENTS
1. PREFACE
- 1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology
2. EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3. NAPHTHENIC BASE OIL MARKET - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Viscosity Index
- 3.7.2 Market Attractiveness Analysis By Application
- 3.7.3 Market Attractiveness Analysis By Region
4. VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend
5. GLOBAL NAPHTHENIC BASE OIL MARKET ANALYSIS BY VISCOSITY INDEX
- 5.1. Overview By Viscosity Index
- 5.2. Historical and Forecast Data Analysis By Viscosity Index
- 5.3. 35-60 SUS Historic and Forecast Sales By Regions
- 5.4. 80-130 SUS Historic and Forecast Sales By Regions
- 5.5. 200-300 SUS Historic and Forecast Sales By Regions
- 5.6. 400-800 SUS Historic and Forecast Sales By Regions
- 5.7. Above 800 SUS Historic and Forecast Sales By Regions
6. GLOBAL NAPHTHENIC BASE OIL MARKET ANALYSIS BY APPLICATION
- 6.1. Overview By Application
- 6.2. Historical and Forecast Data Analysis By Application
- 6.3. Process Oil Historic and Forecast Sales By Regions
- 6.4. Electrical Oil Historic and Forecast Sales By Regions
- 6.5. Lubricants & Greases (Metalworking Fluids, Greases, Others) Historic and Forecast Sales By Regions
7. GLOBAL NAPHTHENIC BASE OIL MARKET ANALYSIS BY GEOGRAPHY
- 7.1. Regional Outlook
- 7.2. Introduction
- 7.3. North America Sales Analysis
- 7.3.1 Overview, Historic and Forecast Data Sales Analysis
- 7.3.2 North America By Segment Sales Analysis
- 7.3.3 North America By Country Sales Analysis
- 7.3.4 United States Sales Analysis
- 7.3.5 Canada Sales Analysis
- 7.3.6 Mexico Sales Analysis
- 7.4. Europe Sales Analysis
- 7.4.1 Overview, Historic and Forecast Data Sales Analysis
- 7.4.2 Europe By Segment Sales Analysis
- 7.4.3 Europe By Country Sales Analysis
- 7.4.4 United Kingdom Sales Analysis
- 7.4.5 France Sales Analysis
- 7.4.6 Germany Sales Analysis
- 7.4.7 Italy Sales Analysis
- 7.4.8 Russia Sales Analysis
- 7.4.9 Rest Of Europe Sales Analysis
- 7.5. Asia Pacific Sales Analysis
- 7.5.1 Overview, Historic and Forecast Data Sales Analysis
- 7.5.2 Asia Pacific By Segment Sales Analysis
- 7.5.3 Asia Pacific By Country Sales Analysis
- 7.5.4 China Sales Analysis
- 7.5.5 India Sales Analysis
- 7.5.6 Japan Sales Analysis
- 7.5.7 South Korea Sales Analysis
- 7.5.8 Australia Sales Analysis
- 7.5.9 South East Asia Sales Analysis
- 7.5.10 Rest Of Asia Pacific Sales Analysis
- 7.6. Latin America Sales Analysis
- 7.6.1 Overview, Historic and Forecast Data Sales Analysis
- 7.6.2 Latin America By Segment Sales Analysis
- 7.6.3 Latin America By Country Sales Analysis
- 7.6.4 Brazil Sales Analysis
- 7.6.5 Argentina Sales Analysis
- 7.6.6 Peru Sales Analysis
- 7.6.7 Chile Sales Analysis
- 7.6.8 Rest of Latin America Sales Analysis
- 7.7. Middle East & Africa Sales Analysis
- 7.7.1 Overview, Historic and Forecast Data Sales Analysis
- 7.7.2 Middle East & Africa By Segment Sales Analysis
- 7.7.3 Middle East & Africa By Country Sales Analysis
- 7.7.4 Saudi Arabia Sales Analysis
- 7.7.5 UAE Sales Analysis
- 7.7.6 Israel Sales Analysis
- 7.7.7 South Africa Sales Analysis
- 7.7.8 Rest Of Middle East And Africa Sales Analysis
8. COMPETITIVE LANDSCAPE OF THE NAPHTHENIC BASE OIL MARKET COMPANIES
- 8.1. Naphthenic Base Oil Market Market Competition
- 8.2. Partnership/Collaboration/Agreement
- 8.3. Merger And Acquisitions
- 8.4. New Product Launch
- 8.5. Other Developments
9. COMPANY PROFILES OF NAPHTHENIC BASE OIL MARKET INDUSTRY
- 9.1. Top Companies Market Share Analysis
- 9.2. Market Concentration Rate
- 9.3. Ergon International Inc.
- 9.3.1 Company Overview
- 9.3.2 Company Revenue
- 9.3.3 Products
- 9.3.4 Recent Developments
- 9.4. Shell Plc
- 9.4.1 Company Overview
- 9.4.2 Company Revenue
- 9.4.3 Products
- 9.4.4 Recent Developments
- 9.5. Nynas AB
- 9.5.1 Company Overview
- 9.5.2 Company Revenue
- 9.5.3 Products
- 9.5.4 Recent Developments
- 9.6. Calumet Speciality Products Partners LP
- 9.6.1 Company Overview
- 9.6.2 Company Revenue
- 9.6.3 Products
- 9.6.4 Recent Developments
- 9.7. Petrobras
- 9.7.1 Company Overview
- 9.7.2 Company Revenue
- 9.7.3 Products
- 9.7.4 Recent Developments
- 9.8. Apar Industries Ltd
- 9.8.1 Company Overview
- 9.8.2 Company Revenue
- 9.8.3 Products
- 9.8.4 Recent Developments
- 9.9. PetroChina Pvt Ltd
- 9.9.1 Company Overview
- 9.9.2 Company Revenue
- 9.9.3 Products
- 9.9.4 Recent Developments
- 9.10. Argos International
- 9.10.1 Company Overview
- 9.10.2 Company Revenue
- 9.10.3 Products
- 9.10.4 Recent Developments
- 9.11. Lubline
- 9.11.1 Company Overview
- 9.11.2 Company Revenue
- 9.11.3 Products
- 9.11.4 Recent Developments
- 9.12. Eastern Petroleum Pvt Ltd.
- 9.12.1 Company Overview
- 9.12.2 Company Revenue
- 9.12.3 Products
- 9.12.4 Recent Developments
- 9.13. Saudi Arabian Oil Company
- 9.13.1 Company Overview
- 9.13.2 Company Revenue
- 9.13.3 Products
- 9.13.4 Recent Developments
- 9.14. Resolute Oil LLC
- 9.14.1 Company Overview
- 9.14.2 Company Revenue
- 9.14.3 Products
- 9.14.4 Recent Developments
Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies