ASIA-PACIFIC PROCESS OIL MARKET 2019-2027

Energy, Power & Utilities | Oil And Gas

ASIA-PACIFIC PROCESS OIL MARKET 2019-2027

Market By Type, Application, And Geography | Forecast 2019-2027

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As per the Triton Market Research analysis, the Asia-Pacific process oil market is predicted to flourish at a CAGR of 4.23% in terms of revenue and 4.12% in terms of volume over the forecast period of 2019-2027.

Geographically, the countries studied in the Asia-Pacific process oil market are:

•    China

•    Japan

•    India

•    South Korea

•    Australia

•    ASEAN countries

•    Rest of Asia-Pacific

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The rise in the demand for tires and elastic products has been encouraging the production of process oil as it attributes to low viscosity and high thickness & pliancy, which help the mixing and scattering process of fillers in the tire and other elastic items. There is an ample supply of naphthenic oil in the Asia-Pacific region and, which is expected to further boost the growth of the naphthenic segment. Furthermore, the growing demand for personal care products and technological advancements has also been driving the process oil market in the region.

China is known to be a manufacturing hub and contributes to the production of tires and automobiles on a large scale. The country produces the highest number of tires and is a rich supplier of naphthenic base process oil that has resulted in the growth of the process oil market. The country is expected to hold the largest market share during the forecasted years.

Japan is the fastest-growing country in the process oil market. The country has a crucial role in the research & development to enhance the value and performance of the tire and rubber automotive parts. Japan has also been using process oil extensively in textile industries to increase the flexibility and toughness of clothes. This has led to the creation of lucrative opportunities for the growth of the overall process oil market.

Idemitsu Kosan Co., Ltd. is a Japanese company that engages with petrochemical products, petroleum products, resources, and other segments. The company provides lubricants such as maintenance & marine oils, industrial & metalworking oils, grease products, traction drive fluids, polyethylene glycol oils, and polyvinyl ether. For instance, Daphne Super Mecha PM is an oil that is used for decelerators, bearings, and hydraulic fluids at numerous industrial machines by high load-resistance property. 


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Table of Content

1.    ASIA-PACIFIC PROCESS OIL MARKET – SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. PORTER’S FIVE FORCES MODEL

2.2.1.   BARGAINING POWER OF BUYERS

2.2.2.   BARGAINING POWER OF SUPPLIERS

2.2.3.   THREAT OF NEW ENTRANTS

2.2.4.   THREAT OF SUBSTITUTES

2.2.5.   THREAT OF RIVALRY

2.3. REGULATORY OUTLOOK

2.4. MARKET TRENDS

2.5. MARKET SHARE OUTLOOK

2.6. MARKET ATTRACTIVENESS INDEX

2.7. KEY INSIGHT

2.8. MARKET DRIVERS

2.8.1.   INCREASING DEMAND FOR PROCESS OIL IN THE TEXTILE INDUSTRY

2.8.2.   GROWING PERSONAL CARE INDUSTRY

2.8.3.   RISING VEHICULAR PRODUCTION AND GROWING AUTOMOTIVE SECTOR

2.9. MARKET RESTRAINTS

2.9.1.   RESTRICTIONS IN THE USAGE OF POLYCYCLIC AROMATIC HYDROCARBON (PAH)

2.9.2.   EMERGENCE OF DRY-TYPE TRANSFORMERS

2.10.            MARKET OPPORTUNITIES

2.10.1.                OPPORTUNITIES PRESENTED BY ADHERING TO THE USAGE OF LOW POLYAROMATIC HYDROCARBON (PAH) OILS

2.10.2.                MOUNTING EXPLORATION ACTIVITY OF HYDROCARBONS IN NON-OPEC REGIONS

2.11.            MARKET CHALLENGES

2.11.1.                FLUCTUATING RAW MATERIAL PRICES

2.11.2.                CHANGING CRUDE OIL PRICES

3.    PROCESS OIL MARKET OUTLOOK – BY TYPE

3.1. NAPHTHENIC OIL

3.2. PARAFFIN

3.3. AROMATIC

3.4. NON-CARCINOGENIC

4.    PROCESS OIL MARKET OUTLOOK – BY APPLICATION

4.1. TIRE & RUBBER

4.2. POLYMER

4.3. PERSONAL CARE

4.4. TEXTILE

4.5. OTHER APPLICATIONS

5.    PROCESS OIL MARKET – REGIONAL OUTLOOK

5.1. ASIA-PACIFIC

5.1.1.   COUNTRY ANALYSIS

5.1.1.1.      CHINA

5.1.1.2.      INDIA

5.1.1.3.      JAPAN

5.1.1.4.      SOUTH KOREA

5.1.1.5.      AUSTRALIA & NEW ZEALAND

5.1.1.6.      ASEAN COUNTRIES

5.1.1.7.      REST OF ASIA-PACIFIC

6.    COMPANY PROFILES

6.1. CHEVRON CORPORATION

6.2. GAZPROM

6.3. GP PETROLEUMS

6.4. APAR INDUSTRIES LTD.

6.5. LANXESS PROCESS OIL

6.6. ROYAL DUTCH SHELL PLC

6.7. HINDUSTAN PETROLEUM CORPORATION LTD.

6.8. HOLLYFRONTIER REFINING & MARKETING, INC.

6.9. CALUMET SPECIALTY PRODUCTS PARTNERS, L.P.

6.10.            ERGON NORTH & SOUTH AMERICA

6.11.            TOTAL S.A.

6.12.            PETROCHINA COMPANY LTD.

6.13.            IDEMITSU KOSAN CO., LTD.

6.14.            EXXON MOBIL CHEMICAL COMPANY

6.15.            PETROBRAS

6.16.            REPSOL S.A.

6.17.            SASOL

6.18.            IRANOL COMPANY

6.19.            JX NIPPON OIL & GAS EXPLORATION

6.20.            NYNAS AB

6.21.            SUNOCO LP

6.22.            LUKOIL

6.23.            ORGKHIM BIOCHEMICAL HOLDING

6.24.            PANAMA PETROCHEM LTD.

6.25.            PETRONAS LUBRICANTS INTERNATIONAL

6.26.            ROSNEFT

7.    RESEARCH METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.1.1.   OBJECTIVES OF STUDY

7.1.2.   SCOPE OF STUDY

7.2. SOURCES OF DATA

7.2.1.   PRIMARY DATA SOURCES

7.2.2.   SECONDARY DATA SOURCES

7.3. RESEARCH METHODOLOGY

7.3.1.   EVALUATION OF PROPOSED MARKET

7.3.2.   IDENTIFICATION OF DATA SOURCES

7.3.3.   ASSESSMENT OF MARKET DETERMINANTS

7.3.4.   DATA COLLECTION

7.3.5.   DATA VALIDATION & ANALYSIS

            

List of table

TABLE 1        ASIA-PACIFIC PROCESS OIL MARKET, 2019-2027 ($ MILLION)

TABLE 2        ASIA-PACIFIC PROCESS OIL MARKET, 2019-2027 (KILOTONS)

TABLE 3        TYPE OF PROCESS OIL

TABLE 4        GROUPING AS PER REFINING PROCESS

TABLE 5        PROPERTIES OF LIGHT NEUTRAL BASE OILS

TABLE 6        CHARACTERISTICS OF TEMPERATURE ON VISCOSITY

TABLE 7        DEPARTMENTS IN REGULATING OIL AND GAS ACTIVITIES

TABLE 8        CARCINOGENIC CLASSIFICATIONS OF PAH COMPOUNDS BY SPECIFIC AGENCIES

TABLE 9        ASIA-PACIFIC PROCESS OIL MARKET, BY TYPE, 2019-2027 ($ MILLION)

TABLE 10      COMPARISON OF DIFFERENT TYPES OF RUBBER PROCESS OIL

TABLE 11      ASIA-PACIFIC PROCESS OIL MARKET, BY TYPE, 2019-2027 (KILOTONS)

TABLE 12      ASIA-PACIFIC PROCESS OIL MARKET, BY APPLICATION, 2019-2027 ($ MILLION)

TABLE 13      PROCESS OIL PRODUCTS USED IN TEXTILE INDUSTRIES

TABLE 14      PRODUCT TYPE FOR HOT MELT ADHESIVE MANUFACTURING INDUSTRY

TABLE 15      ASIA-PACIFIC PROCESS OIL MARKET, BY COUNTRY, 2019-2027 ($ MILLION)

TABLE 16      ASIA-PACIFIC PROCESS OIL MARKET, BY COUNTRY, 2019-2027 (KILOTONS)

List of Figures

FIGURE 1      ASIA-PACIFIC PROCESS OIL MARKET, 2019-2027 ($ MILLION)

FIGURE 2      ASIA-PACIFIC PROCESS OIL MARKET, 2019-2027 (KILOTONS)

FIGURE 3      PROCESS OIL COMPANY MARKET SHARE OUTLOOK 2018 (%)

FIGURE 4      ASIA-PACIFIC PROCESS OIL MARKET, BY NAPHTHENIC OIL, 2019-2027 ($ MILLION)

FIGURE 5      ASIA-PACIFIC PROCESS OIL MARKET, BY NAPHTHENIC OIL, 2019-2027 (KILOTONS)

FIGURE 6      ASIA-PACIFIC PROCESS OIL MARKET, BY PARAFFIN, 2019-2027 ($ MILLION)

FIGURE 7      ASIA-PACIFIC PROCESS OIL MARKET, BY PARAFFIN, 2019-2027 (KILOTONS)

FIGURE 8      ASIA-PACIFIC PROCESS OIL MARKET, BY AROMATIC, 2019-2027 ($ MILLION)

FIGURE 9      ASIA-PACIFIC PROCESS OIL MARKET, BY AROMATIC, 2019-2027 (KILOTONS)

FIGURE 10   ASIA-PACIFIC PROCESS OIL MARKET, BY NON-CARCINOGENIC, 2019-2027 ($ MILLION)

FIGURE 11   ASIA-PACIFIC PROCESS OIL MARKET, BY NON-CARCINOGENIC, 2019-2027 (KILOTONS)

FIGURE 12   ASIA-PACIFIC PROCESS OIL MARKET, BY TIRE & RUBBER, 2019-2027 ($ MILLION)

FIGURE 13   ASIA-PACIFIC PROCESS OIL MARKET, BY POLYMER, 2019-2027 ($ MILLION)

FIGURE 14   ASIA-PACIFIC PROCESS OIL MARKET, BY PERSONAL CARE, 2019-2027 ($ MILLION)

FIGURE 15   ASIA-PACIFIC PROCESS OIL MARKET, BY TEXTILE, 2019-2027 ($ MILLION)

FIGURE 16   ASIA-PACIFIC PROCESS OIL MARKET, BY OTHER APPLICATION, 2019-2027 ($ MILLION)

FIGURE 17   CHINA PROCESS OIL MARKET, 2019-2027 ($ MILLION)

FIGURE 18   CHINA PROCESS OIL MARKET, 2019-2027 (KILOTONS)

FIGURE 19   PASSENGER VEHICLES SALES IN CHINA 2015-2017 (IN MILLION PER UNITS)

FIGURE 20   INDIA PROCESS OIL MARKET, 2019-2027 ($ MILLION)

FIGURE 21   INDIA PROCESS OIL MARKET, 2019-2027 (KILOTONS)

FIGURE 22   JAPAN PROCESS OIL MARKET, BY TYPES, 2019-2027 ($ MILLION)

FIGURE 23   JAPAN PROCESS OIL MARKET, BY TYPES, 2019-2027 (KILOTONS)

FIGURE 24   SOUTH KOREA PROCESS OIL MARKET, 2019-2027 ($ MILLION)

FIGURE 25   SOUTH KOREA PROCESS OIL MARKET, 2019-2027 (KILOTONS)

FIGURE 26   AUSTRALIA & NEW ZEALAND PROCESS OIL MARKET, 2019-2027 ($ MILLION)

FIGURE 27   AUSTRALIA & NEW ZEALAND PROCESS OIL MARKET, 2019-2027 (KILOTONS)

FIGURE 28   ASEAN COUNTRIES PROCESS OIL MARKET, 2019-2027 ($ MILLION)

FIGURE 29   ASEAN COUNTRIES PROCESS OIL MARKET, 2019-2027 (KILOTONS)

FIGURE 30   REST OF ASIA-PACIFIC PROCESS OIL MARKET, 2019-2027 ($ MILLION)

FIGURE 31   REST OF ASIA-PACIFIC PROCESS OIL MARKET, 2019-2027 (KILOTONS)

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