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Process Oils Market

Process Oils: Emerging Opportunities and Global Markets

  • Published Date : 03 Jul 2018
  • BCC Research
  • Category : Energy and Power
  • Pages : 195

Report Scope:

The scope of the report is widely characterized on the basis of consumption of process oils across geographies, which include North America, Europe, Asia-Pacific and the rest of the world. The report also covers different applications of process oils in tires and rubber, polymers, personal care products, textiles, coatings, defoamers and adhesives.

Although the report intends to include the numerous applications of process oil, it does not include revenue generated from the use of process oil in transformers nor applications of process oil as a lubricant in industrial machines and tools.

Estimated values used are based on manufacturers’ total revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.

Report Includes:

- 87 data tables and 67 additional tables
- An overview of the global markets and emerging opportunities for process oils
- Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022
- Market overview segmented by type, application, and by region
- Description of the regulations and policies that affect the process oil market
- Insight into the factors influencing market growth, such as drivers, restraints, and opportunities
- Company profiles of major key players in the market, including Avista oil AG, Chevron Corp., ExxonMobil Chemical Co. Inc., Lanxess and Phillips 66	
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Scope of Report
Intended Audience
Research Methodology 
Analyst's Credentials
Related BCC Research Reports 
Chapter 2 Summary and Highlights
Chapter 3 Market Overview 
Definition of the Market 
Classification of Process Oils
Paraffinic Process Oil
Naphthenic Process Oil
Aromatic Process Oil
Noncarcinogenic Process Oil
Selection of Process Oils
Process Oil Groups
Oil Compatibility
Oil Viscosity
Oil Thermal Stability
Oil Specific Gravity
Oil Pour Point
Oil Cost
Applications of Process Oils
Tires and Rubber
Polymers
Personal Care Products
Textiles
Others (Adhesive, Coatings, Defoamers)
Factors Influencing Market Growth
Regulations and Policies Impacting the Market for Process Oils
Environmental Concerns
Factors Driving Market Growth
Growth of Automotive Industry Has Increased the Demand for Rubber Process Oil
Rise in Usage of Process Oils in the Market for Personal Care and Cosmetics Products
Beneficial Features of Process Oil Have Led to Its Demand in the Polymer and Textile Industries
Factors Restraining Market Growth
Limitations on Usage of Polycyclic Aromatic Hydrocarbon
Volatility in Raw Material Prices
Opportunities
Regional Analysis of the Market for Process Oils
Asia-Pacific
North America
Europe
Rest of the World
Process Oil Trends
CAPEX Guidance
Cost Control
Technology Guidance in Operations
Market Shares of the Top Companies
Strategies and Investments
Challenging Growth Continues into FY2017-2018
Chapter 4 Market for Process Oils by Type
Overview
Market Dynamics
Naphthenic Process Oils
Paraffinic Process Oil
Aromatic Process Oils
Noncarcinogenic
Chapter 5 Global Market for Process Oils by Application
Overview
Tires and Rubber
Aromatic Rubber Process Oils 
Naphthenic Rubber Process Oils
Paraffinic Rubber Process Oils
Polymers
Thermoplastics
Thermosets
Elastomers
Personal Care Products
Textiles
Cotton Processing/Cotton Spinning Machines:
Synthetic fiber processing:
Knitting and weaving machines:
Textile finishing machines:
Others (Adhesives, Defoamers and Coatings)
Adhesives
Defoamers
Coatings
Chapter 6 Market for Process Oils by Geographical Region
North America
Europe
Asia-Pacific
China
India
Japan
Australia and the Rest of Asia-Pacific
Rest of the World
Chapter 7 Competitive Landscape
Industry Growth Strategies
Company Developments
Chapter 8 Patent Analysis
Chapter 9 Company Profiles
APAR INDUSTRIES LTD
AVISTA OIL AG
BEHRAN OIL CO.
CHEVRON CORP.
CALUMET SPECIALTY PRODUCTS PARTNERS
ERGON NORTH & SOUTH AMERICA
EXXONMOBIL CHEMICAL CO.
GAZPROM
GP PETROLEUMS LTD
HINDUSTAN PETROLEUM CORP. LTD.
HOLLYFRONTIER LUBRICANTS AND SPECIALTY PRODUCTS
IDEMITSU KOSAN CO. LTD.
IRANOL CO
JXTG NIPPON OIL & ENERGY CORP
LANXESS PROCESS OIL
NYNAS AB
LUKOIL
ORGKHIM BIOCHEMICAL HOLDING
PANAMA PETROCHEM LTD
PETRONAS LUBRICANTS BELGIUM NV
PETROCHINA LUBRICANT CO
PETROBRAS
PHILLIPS 66 CO
REPSOL SA
ROYAL DUTCH SHELL PLC
ROSNEFT
SASOL
SEPAHAN OIL CO
SUNOCO LP
TOTAL SA

	List of Tables
Summary Table : Global Market for Process Oils, by Type, Through 2022
Table 1 : Types of Process Oils
Table 2 : Process Oil Groups Based on Refining Process and Other Characteristics
Table 3 : Properties of Light Neutral Base Oils
Table 4 : Global Effect of Temperature on Viscosity
Table 5 : Effect of Specific Gravity of Oil Based on Weight Percent
Table 6 : CFR Regulatory Codes for Naphthenic Process Oil to be Used in Non-food Products
Table 7 : ASTM Specifications for Paraffinic Rubber Process Oil
Table 8 : ASTM Specifications for Naphthenic Rubber Process Oil
Table 9 : ASTM Specifications for Aromatic Rubber Process Oil
Table 10 : Chinese Oil and Gas Regulatory Bodies
Table 11 : Process Oil Market Drivers
Table 12 : Process Oil Market Restraints
Table 13 : Carcinogenic Classifications of PAH Compounds by Specific Agencies
Table 14 : Opportunities Within the Market for Process Oils
Table 15 : Types of Process Oils
Table 16 : Global Market for Process Oils, by Type, Through 2022
Table 17 : Comparison of Different Types of Rubber Process Oils
Table 18 : Global Consumption of Process Oils, by Type, 2016–2022
Table 19 : Global Consumption of Naphthenic Process Oils, by Region, 2016–2022
Table 20 : Global Market for Naphthenic Process Oils, by Region, Through 2022
Table 21 : Global Market for Paraffinic Process Oils, by Region, Through 2022
Table 22 : Global Consumption of Paraffinic Process Oils, by Region, 2016-2022
Table 23 : Global Market for Aromatic Process Oils, by Region, Through 2022
Table 24 : Per Capita Expenditures on Cosmetics in Trans-Pacific Partnership Countries, 2014
Table 25 : Global Consumption of Aromatic Process Oils, by Region, 2016-2022
Table 26 : Global Consumption of Synthetic Rubber, by Region/Country, 2003-2015
Table 27 : Global Consumption of Noncarcinogenic Process Oils, by Region, 2016-2022
Table 28 : Global Market for Noncarcinogenic Process Oils, by Region, Through 2022
Table 29 : Global Market for Process Oils, by Application, Through 2022
Table 30 : Global Market for the Application of Process Oils in the Tire and Rubber Industries, by Region, Through 2022
Table 31 : Global Market for the Application of Process Oils in Polymers, by Region, Through 2022
Table 32 : Global Shares of Polymer Production, by Region, 2015
Table 33 : Global Market for the Application of Process Oils in Personal Care Products, by Region, Through 2022
Table 34 : U.S. Exports of Cosmetics and Personal Care Products to Asian Countries, Through 2015
Table 35 : Australian Imports of Cosmetics and Personal Care Products, by Country, 2014-2015
Table 36 : Global Market for the Application of Process Oils in Textiles, by Region, Through 2022
Table 37 : Process Oil Products Used in the Textile Industry
Table 38 : Global Market for Other Applications of Process Oils, by Region, Through 2022
Table 39 : Products Available for Application in the Hot Melt Adhesive Manufacturing Industry
Table 40 : Global Shares of the Adhesive and Sealant Market, by Region, 2014
Table 41 : North American Market for Process Oils, by Type, Through 2022
Table 42 : North American Consumption of Process Oils, by Type, 2016-2022
Table 43 : North American Market for Process Oils, by Country, Through 2022
Table 44 : North American Consumption of Process Oils, by Country, 2016-2022
Table 45 : U.S. Market for Process Oils, by Type, Through 2022
Table 46 : U.S. Consumption of Process Oils, by Type, 2016–2022
Table 47 : Canadian Market for Process Oils, by Type, Through 2022
Table 48 : Canadian Consumption of Process Oils, by Type, 2016-2022
Table 49 : Mexican Market for Process Oils, by Type, Through 2022
Table 50 : Mexican Consumption of Process Oils, by Type, 2016-2022
Table 51 : European Consumption of Process Oils, by Type, 2016-2022
Table 52 : European Market for Process Oils, by Type, Through 2022
Table 53 : European Market for Process Oils, by Country, Through 2022
Table 54 : European Consumption of Process Oils, by Country, 2016-2022
Table 55 : German Market for Process Oils, by Type, Through 2022
Table 56 : German Consumption of Process Oils, by Type, 2016-2022
Table 57 : European Market for Cosmetics and Personal Care Products, by Category, 2016
Table 58 : German Trends in Demand for Cosmetics, Toiletries, Perfumes and Detergents, 2015-2016
Table 59 : Italian Market for Process Oils, by Type, Through 2022
Table 60 : Italian Consumption of Process Oils, by Type, 2016-2022
Table 61 : Italian Production of Cosmetics and Toiletries, 2014-2017
Table 62 : Rest of Europe Market for Process Oils, by Type, Through 2022
Table 63 : Rest of Europe Consumption of Process Oils, by Type, 2016-2022
Table 64 : Russian Market for Process Oils, by Type, Through 2022
Table 65 : Russian Consumption of Process Oils, by Type, 2016-2022
Table 66 : Asia-Pacific Consumption of Process Oils, by Country, 2016-2022
Table 67 : Asia-Pacific Market for Process Oils, by Type, Through 2022
Table 68 : Asia-Pacific Consumption of Process Oils, by Type, 2016–2022
Table 69 : Chinese Market for Process Oils, by Type, Through 2022
Table 70 : Comparative Analysis of Chinese Automobile Market, 2014-2016
Table 71 : Chinese Consumption of Process Oils, by Type, 2016-2022
Table 72 : Indian Tire Industry Statistics, 2014-2015
Table 73 : Indian Tire Production and Exports, 2000–2016
Table 74 : Indian Tire Exports, 2000-2016
Table 75 : Indian Market for Process Oils, by Type, Through 2022
Table 76 : Indian Consumption of Process Oils, by Type, 2016-2022
Table 77 : Japanese Consumption of Process Oils, by Type, 2016-2022
Table 78 : Japanese Market for Process Oils, by Type, Through 2022
Table 79 : Rest of Asia-Pacific Consumption of Process Oils, by Type, 2016-2022
Table 80 : Rest of Asia-Pacific Market for Process Oils, by Type, Through 2022
Table 81 : Rest of the World Market for Process Oils, by Type, Through 2022
Table 82 : Rest of the World Market for Process Oils, by Country, Through 2022
Table 83 : Rest of the World Market for Process Oils, by Type, Through 2022
Table 84 : Rest of World Consumption of Process Oils, by Type, 2016-2022
Table 85 : Rest of World Consumption of Process Oils, by Country, 2016-2022
Table 86 : Saudi Arabian Consumption of Process Oils, by Type, Through 2022
Table 87 : Saudi Arabian Market for Process Oils, by Type, Through 2022
Table 88 : Company Product Launches in the Process Oil Market, 2014-March 2017
Table 89 : Company Capacity Expansion Activities in the Process Oil Industry, 2014-April 2017
Table 90 : Company Agreements, Joint Ventures, Partnerships and Collaborations in the Process Oil Industry, 2014-April2017
Table 91 : Mergers and Acquisitions in the Process Oil Industry, 2014-April 2017
Table 92 : U.S. Patents on Process Oils, 2014-August 2017
Table 93 : European Patents on Process Oils, 2014 - August 2017
Table 94 : Japanese Patents on Process Oils, 2014 - August 2017
Table 95 : Apar Product Portfolio
Table 96 : Recent Development, 2014 - August 2017
Table 97 : Avista Product Portfolio
Table 98 : Recent Developments, 2014 - August 2017
Table 99 : Behran Product Portfolio
Table 100 : Recent Developments, 2014 - August 2017
Table 101 : Chevron Product Portfolio
Table 102 : Recent Developments, 2014 - August 2017
Table 103 : Calumet Product Portfolio
Table 104 : Recent Developments, 2014 - August 2017
Table 105 : Ergon Product Portfolio
Table 106 : Recent Developments, 2014 - August 2017
Table 107 : ExxonMobil Product Portfolio
Table 108 : Recent Developments, 2014 - August 2017
Table 109 : Gazprom Product Portfolio
Table 110 : Recent Developments, 2014 - August 2017
Table 111 : GP Petroleum Product Portfolio
Table 112 : Recent Development, 2014 - August 2017
Table 113 : HPCL Product Portfolio
Table 114 : Recent Developments, 2014 - August 2017
Table 115 : Hollyfrontier Product Portfolio
Table 116 : Recent Developments, 2014 - August 2017
Table 117 : Idemitsu Product Portfolio
Table 118 : Recent Developments, 2014 - August 2017
Table 119 : Iranol Product Portfolio
Table 120 : Recent Development, 2014 - August 2017
Table 121 : JXTG Nippon Product Portfolio
Table 122 : Recent Developments, 2014 - August 2017
Table 123 : Lanxess Product Portfolio
Table 124 : Recent Developments, 2014 - August 2017
Table 125 : NYNAS Product Portfolio
Table 126 : Recent Developments, 2014 - August 2017
Table 127 : Lukoil Product Portfolio
Table 128 : Recent Developments, 2014 - August 2017
Table 129 : Orgkhim Product Portfolio
Table 130 : Recent Developments, 2014 - August 2017
Table 131 : Panama Product Portfolio
Table 132 : Recent Development, 2014 - August 2017
Table 133 : Petronas Product Portfolio
Table 134 : Recent Developments, 2014 - August 2017
Table 135 : Petrochina Product Portfolio
Table 136 : Recent Developments, 2014 - August 2017
Table 137 : Petrobras Product Portfolio
Table 138 : Recent Developments, 2014 - August 2017
Table 139 : Phillips 66 Product Portfolio
Table 140 : Recent Developments, 2014 - August 2017
Table 141 : Repsol Product Portfolio
Table 142 : Recent Developments, 2014 - August 2017
Table 143 : Royal Dutch Shell Product Portfolio
Table 144 : Recent Developments, 2014 - August 2017
Table 145 : Rosneft Product Portfolio
Table 146 : Recent Developments, 2014 - August 2017
Table 147 : Sasol Product Portfolio
Table 148 : Recent Developments, 2014 - August 2017
Table 149 : Sepahan Product Portfolio
Table 150 : Recent Development, 2014 - August 2017
Table 151 : Sunoco Product Portfolio
Table 152 : Recent Developments, 2014 - August 2017
Table 153 : Total SA Product Portfolio
Table 154 : Recent Developments, 2014 - August 2017 List of Figures
Summary Figure : Global Market for Process Oils, by Type, 2016-2022 
Figure 1 : Global Shares of Process Oil Consumption, by Type, 2016-2022 
Figure 2 : Global Shares of Process Oil Revenues, by Type 2016-2022
Figure 3 : Global Shares of the Market for Process Oils, by Application, 2016-2022 
Figure 4 : Global Vehicle Production, 2013-2016 
Figure 5 : Global Skin Care Market, by Year, 2010-2015 
Figure 6 : Global Plastics Production, 2000-2015 
Figure 7 : Investments in China's Textile and Apparel Industries, 2011-2015 
Figure 8 : Average Crude Oil Spot Price, 2015-2018 
Figure 9 : Average Annual U.S. Oil Production, 2012-2018 
Figure 10 : Global Shares of Process Oil Consumption, by Region, 2016 and 2022 
Figure 11 : Global Shares of Process Oil Revenues, by Region, 2016-2022 
Figure 12 : Capital Expenditures of Oil and Gas Companies, 2010-2021 
Figure 13 : Global Shares of the Market for Process Oils, by Company, FY2016 
Figure 14 : Oil and Gas Company Investments, FY2016-2017 
Figure 15 : Global Forecast of the Price of Crude Oil, 2015-2023 
Figure 16 : Rise in the Production of Commercial Vehicles, 2012-2015 
Figure 17 : Chinese Production of Passenger Cars, 2010-2015 
Figure 18 : Global Rubber Production, 2010-2015 
Figure 19 : European Market Shares of the Application of Process Oils in Polymers, by Segment, 2015 
Figure 20 : Global Passenger Car Production, 2010 and 2015 
Figure 21 : E.U. Imports of Passenger and Light Vehicle Tires, 2012-2015 
Figure 22 : E.U. Tire Production, 2012-2015 
Figure 23 : Global Shares of Plastics Production, by Region, 2006-2015 
Figure 24 : Global Shares of the Market for Process Oils, by Application, 2016 and 2022 
Figure 25 : Global Rubber Consumption, 2011-2015 
Figure 26 : Asia-Pacific Production and Consumption of Synthetic Rubber, 2015 and 2016 
Figure 27 : Global Shares of Polymer Production, by Region, 2015 
Figure 28 : European Market Shares of Polymer Demand, by Application Segment, 2015 
Figure 29 : Global Shares of the Consumption Textile Fibers, by Type, 2016 
Figure 30 : Global Shares of the Adhesive and Sealant Market, by Region, 2014 
Figure 31 : European Adhesive and Sealant Market, by End-Use Segment, 2014 
Figure 32 : North American Shares of the Process Oil Market, by Country, 2016-2022 
Figure 33 : U.S. Light Vehicle Sales, 2009-2016 
Figure 34 : U.S. Shoe Sales, by Country, 2014-2016 
Figure 35 : North American Skin Care Market, 2014-2019 
Figure 36 : Production of Plastics from Process Oils
Figure 37 : Canadian Vehicle Sales, 2012-2016 
Figure 38 : Distribution of Winter Tire Use in Canada, by Province, 2014-2016 
Figure 39 : Canadian Sales of Health and Personal Care Products, 2016 Through May 2017 
Figure 40 : Canadian Retail Footwear Sales, 2011-2015 
Figure 41 : Canadian Cosmetics and Fragrance Sales, 2011-2015 
Figure 42 : European Shares of the Process Oil Market, by Country, 2016-2022 
Figure 43 : European Motor Vehicle Production, 2015-2016 
Figure 44 : European Production of Tires for Cars and Light Trucks, 2012-2016 
Figure 45 : European Production of Tires for Trucks and Buses, 2012-2016 
Figure 46 : European Production of Passenger Cars, 2012-2015 
Figure 47 : European Market for Personal Care, by Country, 2016 
Figure 48 : Global Market for Cosmetics/Personal Care Products, by Region/Country, 2015 
Figure 49 : Italian Motor Vehicle Production, 2015-2016 
Figure 50 : U.K. Production of Motor Vehicles, 2015-2016 
Figure 51 : French Production of General Rubber Goods, 2013-2015 
Figure 52 : Asia-Pacific Shares of Process Oil Consumption, by Country, 2016 and 2022 
Figure 53 : Yearly Comparison of Synthetic Rubber Consumption in Asia-Pacific, 2015-2016 
Figure 54 : Chinese Vehicle Production, 2012-2015 
Figure 55 : Japanese Production of Passenger Cars and Commercial Vehicles, 2012-2015 
Figure 56 : Australian Cosmetics Market, 2015 
Figure 57 : Rest of the World Shares of Process Oil Consumption, by Country, 2016 and 2022

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