Market By Type, Application, And Geography | Forecast 2019-2027
The Latin America process oil market is estimated to grow at a CAGR of 4.11% in terms of revenue and 3.95% in terms of volume over the forecasting years 2019-2027.
The countries analyzed in the Latin America process oil market are:
• Mexico
• Brazil
• Rest of Latin America
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The process oil market in Latin America is driven by the increasing demand for naphthenic process oil products. There is also a prevalent demand for high-quality process oil which incorporates better mechanical and thermal properties when it is used in different applications in the components. It is a key trend in the Latin America process oil market. The increasing application of rubber process oil in the tire manufacturing process has been contributing to the growth of the automobile sector, thereby driving the process oil market. The technologically advanced rubber process oil help in extending the durability of the tire and reducing the cost.
Brazil covers almost half of Latin America’s land as well as population. The country has the largest automotive market in the region. The growing demand for non-carcinogenic process oil, followed by paraffin and aromatic oil, is boosting the process oil market. The tire & rubber segment is predicted to fuel the process oil market with the highest CAGR during the forecasting period. The rising demand for tires in the automobile industry is propelling the process oil market in the country.
Ergon North & South America has a supply and distribution network that is centered on process oil and crude oil storage terminal. The company deals with the processing of crude oil, producing & marketing specialty asphalt products, marketing naphthenic & paraffinic specialty oils, and manufacturing & marketing road maintenance products and machinery. The company has its business operations across the world, including regions such as Latin America, North America, Asia-Pacific, Europe and the Middle East and Africa.
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VIEW REPORT1. LATIN
AMERICA 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. MARKET
TRENDS
2.4. MARKET
SHARE OUTLOOK
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. KEY
INSIGHT
2.7. MARKET
DRIVERS
2.7.1. INCREASING
DEMAND FOR PROCESS OIL IN THE TEXTILE INDUSTRY
2.7.2. GROWING
PERSONAL CARE INDUSTRY
2.7.3. RISING
VEHICULAR PRODUCTION AND GROWING AUTOMOTIVE SECTOR
2.8. MARKET
RESTRAINTS
2.8.1. RESTRICTIONS
IN THE USAGE OF POLYCYCLIC AROMATIC HYDROCARBON (PAH)
2.8.2. EMERGENCE
OF DRY-TYPE TRANSFORMERS
2.9. MARKET
OPPORTUNITIES
2.9.1. OPPORTUNITIES
PRESENTED BY ADHERING TO THE USAGE OF LOW POLYAROMATIC HYDROCARBON (PAH) OILS
2.9.2. MOUNTING
EXPLORATION ACTIVITY OF HYDROCARBONS IN NON-OPEC REGIONS
2.10.
MARKET CHALLENGES
2.10.1.
FLUCTUATING RAW MATERIAL PRICES
2.10.2.
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. LATIN
AMERICA
5.1.1. COUNTRY
ANALYSIS
5.1.1.1. BRAZIL
5.1.1.2. MEXICO
5.1.1.3. REST
OF LATIN AMERICA
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
TABLE 1 LATIN AMERICA PROCESS OIL MARKET, 2019-2027 ($ MILLION)
TABLE 2 LATIN AMERICA 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 LATIN AMERICA PROCESS OIL MARKET, BY TYPE, 2019-2027 ($
MILLION)
TABLE 9 COMPARISON OF DIFFERENT TYPES OF RUBBER PROCESS OIL
TABLE 10 LATIN AMERICA PROCESS OIL MARKET, BY TYPE,
2019-2027 (KILOTONS)
TABLE 11 LATIN AMERICA 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 LATIN AMERICA PROCESS OIL MARKET, BY
COUNTRY, 2019-2027 ($ MILLION)
TABLE 15 LATIN AMERICA PROCESS OIL MARKET, BY
COUNTRY, 2019-2027 (KILOTONS)
FIGURE 1 LATIN AMERICA PROCESS OIL MARKET,
2019-2027 ($ MILLION)
FIGURE 2 LATIN AMERICA PROCESS OIL MARKET,
2019-2027 (KILOTONS)
FIGURE 3 PROCESS OIL COMPANY MARKET SHARE OUTLOOK
2018 (%)
FIGURE 4 LATIN AMERICA PROCESS OIL MARKET, BY
NAPHTHENIC OIL, 2019-2027 ($ MILLION)
FIGURE 5 LATIN AMERICA PROCESS OIL MARKET, BY
NAPHTHENIC OIL, 2019-2027 (KILOTONS)
FIGURE 6 LATIN AMERICA PROCESS OIL MARKET, BY
PARAFFIN, 2019-2027 ($ MILLION)
FIGURE 7 LATIN AMERICA PROCESS OIL MARKET, BY
PARAFFIN, 2019-2027 (KILOTONS)
FIGURE 8 LATIN AMERICA PROCESS OIL MARKET, BY
AROMATIC, 2019-2027 ($ MILLION)
FIGURE 9 LATIN AMERICA PROCESS OIL MARKET, BY
AROMATIC, 2019-2027 (KILOTONS)
FIGURE 10 LATIN AMERICA PROCESS OIL MARKET, BY
NON-CARCINOGENIC, 2019-2027 ($ MILLION)
FIGURE 11 LATIN AMERICA PROCESS OIL MARKET, BY
NON-CARCINOGENIC, 2019-2027 (KILOTONS)
FIGURE 12 LATIN AMERICA PROCESS OIL MARKET, BY TIRE
& RUBBER, 2019-2027 ($ MILLION)
FIGURE 13 LATIN AMERICA PROCESS OIL MARKET, BY POLYMER,
2019-2027 ($ MILLION)
FIGURE 14 LATIN AMERICA PROCESS OIL MARKET, BY PERSONAL
CARE, 2019-2027 ($ MILLION)
FIGURE 15 LATIN AMERICA PROCESS OIL MARKET, BY TEXTILE,
2019-2027 ($ MILLION)
FIGURE 16 LATIN AMERICA PROCESS OIL MARKET, BY OTHER
APPLICATION, 2019-2027 ($ MILLION)
FIGURE 17 PASSENGER CAR PRODUCTION IN LATIN AMERICA
2017
FIGURE 18 BRAZIL PROCESS OIL MARKET, 2019-2027 ($
MILLION)
FIGURE 19 BRAZIL PROCESS OIL MARKET, 2019-2027
(KILOTONS)
FIGURE 20 MEXICO PROCESS OIL MARKET, 2019-2027 ($
MILLION)
FIGURE 21 MEXICO PROCESS OIL MARKET, 2019-2027
(KILOTONS)
FIGURE 22 REST OF LATIN AMERICA PROCESS OIL MARKET,
2019-2027 ($ MILLION)
FIGURE 23 REST OF LATIN AMERICA PROCESS OIL MARKET, 2019-2027 (KILOTONS)