EUROPE PROCESS OIL MARKET 2019-2027

Energy, Power & Utilities | Oil And Gas

EUROPE PROCESS OIL MARKET 2019-2027

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

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According to Triton, the research on the Europe process oil market is estimated to record a significant growth at a CAGR of 3.61% in terms of revenue and 3.25% in terms of volume over the period 2019-2027.

Countries that are studied in Europe’s process oil market are:

•           Russia

•           Italy

•           Germany

•           United Kingdom

•           France

•           Spain

•           Rest of Europe

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The growing automotive industry, the rising personal care industry, and the increasing demand for low viscosity oils mainly drive the process oil market in Europe. There is an increasing demand for rubber process oil due to the requirement for rubber tires in growing motor vehicle consumption. Rubber process oil is used in the production of tires to enhance the rubber compound’s flow characteristics while improving the filler’s dispersion process.

Germany holds the largest market share in the European process oil market. The country dominates the automobile sector. In 2017, Germany sold around 3.8 million motor vehicles, which is further expected to grow the demand for process oils. Moreover, significant investments made for capacity expansion in the rubber & plastic industry in the country are also predicted to fuel the growth of the German process oil market.

Due to the rising consumer awareness of chemicals in cosmetics and toiletries, the demand for organic cosmetics has been increasing in the French market. France is the second-largest country for beauty and personal care products. Many multinational companies are launching innovative products to attract consumers. In the textile industry, process oil is used to minimize friction in the weaving process and improve efficiency. It works as a cleaning agent in the manufacturing process, and thus, growth in the textile industry is expected to drive the process oil market in Europe.

Nynas AB is a Swedish company that sells specialty oils products in the Nordic countries, the Rest of Europe, the Americas, and across the world through its subsidiaries. The company offers naphthenic specialty oils, such as transformer oils for insulation and cooling of power and distribution transformers, base oils for use as a component in cutting fluids for the metalworking and in greases and other industrial lubricants. 

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Table of Content

1.    EUROPE 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. EUROPE

5.1.1.   COUNTRY ANALYSIS

5.1.1.1.      THE UNITED KINGDOM

5.1.1.2.      ITALY

5.1.1.3.      GERMANY

5.1.1.4.      FRANCE

5.1.1.5.      SPAIN

5.1.1.6.      RUSSIA

5.1.1.7.      REST OF EUROPE

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 SA

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        EUROPE PROCESS OIL MARKET, 2019-2027 ($ MILLION)

TABLE 2        EUROPE 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        CARCINOGENIC CLASSIFICATIONS OF PAH COMPOUNDS BY SPECIFIC AGENCIES

TABLE 8        EUROPE PROCESS OIL MARKET, BY TYPE, 2019-2027 ($ MILLION)

TABLE 9        COMPARISON OF DIFFERENT TYPES OF RUBBER PROCESS OIL

TABLE 10      EUROPE PROCESS OIL MARKET, BY TYPE, 2019-2027 (KILOTONS)

TABLE 11      EUROPE PROCESS OIL MARKET, BY APPLICATION, 2019-2027 ($ MILLION)

TABLE 12      PROCESS OIL PRODUCTS USED IN TEXTILE INDUSTRIES

TABLE 13      PRODUCT TYPE FOR HOT MELT ADHESIVE MANUFACTURING INDUSTRY

TABLE 14      EUROPE PROCESS OIL MARKET, BY COUNTRY, 2019-2027 ($ MILLION)

TABLE 15      EUROPE PROCESS OIL MARKET, BY COUNTRY, 2019-2027 (KILOTONS)

List of Figures

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

FIGURE 17   THE UNITED KINGDOM PROCESS OIL MARKET, 2019-2027 ($ MILLION)

FIGURE 18   THE UNITED KINGDOM PROCESS OIL MARKET, 2019-2027 (KILOTONS)

FIGURE 19   THE UNITED KINGDOM MOTOR VEHICLE PRODUCTION 2016-2018 (MILLION)

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

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

FIGURE 22   GERMANY PROCESS OIL MARKET, 2019-2027 ($ MILLION)

FIGURE 23   GERMANY PROCESS OIL MARKET, 2019-2027 (KILOTONS)

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

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

FIGURE 26   SPAIN PROCESS OIL MARKET, 2019-2027 ($ MILLION)

FIGURE 27   SPAIN PROCESS OIL MARKET, 2019-2027 (KILOTONS)

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

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

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

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

           

            

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