MIDDLE EAST AND AFRICA PROCESS OIL MARKET 2019-2027

Energy, Power & Utilities | Oil And Gas

MIDDLE EAST AND AFRICA PROCESS OIL MARKET 2019-2027

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

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According to Triton Market Research, the Middle East and Africa process oil market is expected to grow exponentially at a CAGR of 4.40% in terms of revenue and 4.32% in terms of volume for the forecasting period of 2019-2027.

Following are the countries that are included in the process oil market analysis of the Middle East and Africa region:

•           Saudi Arabia

•           Turkey

•           The United Arab Emirates

•           South Africa

•           Rest of Middle East & Africa

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The Middle East and Africa process oil market is driven by the increasing demand for synthetic rubber, which is used in the tire manufacturing process. The rising sales of automobiles, such as luxury cars and passenger vehicles, is resulting in the demand for rubber process oil, which is contributing to the market growth. The rubber process oil helps in improving the flow characteristics of compounds and the dispersion of fillers during processing. Rubber products account for around 5% of the total vehicle weight and provide the effective quality and safety of the motor vehicles.

For instance, Saudi Arabia Basic Industries Corporation is one of the largest chemical companies in the world in terms of revenue. The company has made a significant investment and announced a joint venture with ExxonMobil to establish a synthetic rubber manufacturing plant in the country. This collaboration is further predicted to increase the process oil market growth. Moreover, the Turkish automobile sector has a considerable share of global investments. Thus, the rising automotive sector and demand for processed oil are the factors that expected to boost the process oil market in the country.

ExxonMobil Chemical Company engages with the production and supply of petrochemical products for the customers. The company deals with polymers such as polypropylene, polyethylene, polymer modifiers, tackifying resins, specialty elastomers, and butyl polymers. It also offers chemicals and fluids such as hydrocarbon and oxygenated fluids, plasticizers, lubricant base stocks, and synthetic fluids. For example, LLDPE provides balanced toughness and stiffness.

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Table of Content

1.    MIDDLE EAST AND AFRICA 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

2.10.            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. MIDDLE EAST AND AFRICA

5.1.1.   COUNTRY ANALYSIS

5.1.1.1.      SAUDI ARABIA

5.1.1.2.      TURKEY

5.1.1.3.      UNITED ARAB EMIRATES

5.1.1.4.      SOUTH AFRICA

5.1.1.5.      REST OF MIDDLE EAST & AFRICA

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        MIDDLE EAST AND AFRICA PROCESS OIL MARKET, 2019-2027 ($ MILLION)

TABLE 2        MIDDLE EAST AND AFRICA 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        MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY TYPE, 2019-2027 ($ MILLION)

TABLE 9        COMPARISON OF DIFFERENT TYPES OF RUBBER PROCESS OIL

TABLE 10      MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY TYPE, 2019-2027 (KILOTONS)

TABLE 11      MIDDLE EAST AND AFRICA 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      MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY COUNTRY, 2019-2027 ($ MILLION)

TABLE 15      MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY COUNTRY, 2019-2027 (KILOTONS)

            

List of Figures

FIGURE 1      MIDDLE EAST AND AFRICA PROCESS OIL MARKET, 2019-2027 ($ MILLION)

FIGURE 2      MIDDLE EAST AND AFRICA PROCESS OIL MARKET, 2019-2027 (KILOTONS)

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

FIGURE 4      MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY NAPHTHENIC OIL, 2019-2027 ($ MILLION)

FIGURE 5      MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY NAPHTHENIC OIL, 2019-2027 (KILOTONS)

FIGURE 6      MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY PARAFFIN, 2019-2027 ($ MILLION)

FIGURE 7      MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY PARAFFIN, 2019-2027 (KILOTONS)

FIGURE 8      MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY AROMATIC, 2019-2027 ($ MILLION)

FIGURE 9      MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY AROMATIC, 2019-2027 (KILOTONS)

FIGURE 10   MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY NON-CARCINOGENIC, 2019-2027 ($ MILLION)

FIGURE 11   MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY NON-CARCINOGENIC, 2019-2027 (KILOTONS)

FIGURE 12   MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY TIRE & RUBBER, 2019-2027 ($ MILLION)

FIGURE 13   MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY POLYMER, 2019-2027 ($ MILLION)

FIGURE 14   MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY PERSONAL CARE, 2019-2027 ($ MILLION)

FIGURE 15   MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY TEXTILE, 2019-2027 ($ MILLION)

FIGURE 16   MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY OTHER APPLICATION, 2019-2027 ($ MILLION)

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

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

FIGURE 19   TURKEY PROCESS OIL MARKET, 2019-2027 ($ MILLION)

FIGURE 20   TURKEY PROCESS OIL MARKET, 2019-2027 (KILOTONS)

FIGURE 21   UNITED ARAB EMIRATES PROCESS OIL MARKET, 2019-2027 ($ MILLION)

FIGURE 22   UNITED ARAB EMIRATES PROCESS OIL MARKET, 2019-2027 (KILOTONS)

FIGURE 23   SOUTH AFRICA PROCESS OIL MARKET, 2019-2027 ($ MILLION)

FIGURE 24   SOUTH AFRICA PROCESS OIL MARKET, 2019-2027 (KILOTONS)

FIGURE 25   REST OF MIDDLE EAST & AFRICA PROCESS OIL MARKET, 2019-2027 ($ MILLION)

FIGURE 26   REST OF MIDDLE EAST & AFRICA PROCESS OIL MARKET, 2019-2027 (KILOTONS)

            

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