NORTH AMERICA PROCESS OIL MARKET FORECAST 2019-2027

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NORTH AMERICA PROCESS OIL MARKET FORECAST 2019-2027

North American process oil market is already mature and is primarily driven by the increased use of process oil in personal care products such as body lotion, lip balm, etc. It is expected to register a CAGR of 2.94% in terms of revenue generation and a CAGR of 3.38% in terms of demand over the course of the forecast period of 2019-2027.

NORTH AMERICA PROCESS OIL MARKET FORECAST 2019-2027

North America Process Oil Market by Type (Naphthenic Oil, Paraffin, Aromatic, Non-carcinogenic) by Application (Tire & Rubber, Polymer, Personal Care, Other, Applications) by Geography.

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North American process oil market is already mature and is primarily driven by the increased use of process oil in personal care products such as body lotion, lip balm, etc. It is expected to register a CAGR of 2.94% in terms of revenue generation and a CAGR of 3.38% in terms of demand over the course of the forecast period of 2019-2027.

Process oil is extensively deployed in developing polymer products which are consumed in medical, automotive, industrial, and consumer good sectors. Such large-scale applications of process oil are expected to accelerate the process oil demand, leading to impressive market growth in this region. North American countries like Canada and the U.S are majorly focused in this report. The U.S. is expected to expand the liquid hydrocarbon production, including the process oil production through the development of NGL production. The Canadian market is expected to race ahead in the North American region with the highest CAGR by the end of 2027.

Some of the noted process oil companies in the North American region are Rosneft, Orgkhim Biochemical Holding, Nynas AB, Hollyfrontier Refining & Marketing Inc., Sepahan Oil Company, Iranol Company, GP Petroleums, Calumet Specialty Products Partners, L.P., Panama Petrochem Ltd., Sasol, Petrobras, Phillips 66 Company, JX Nippon Oil & Gas Eploration, Idemitsu Kosan Co. Ltd., Royal Dutch Shell PLC, Lukoil, Petronas Lubricants International, Chevron Corporation, Petrochina Company Ltd., Total SA, Ergon North & South America, Avista Oil AG, Repsol SA, Hindustan Petroleum Corporation Ltd., Exxon Mobil Chemical Company, Gazprom, Lanxess Process Oil, APAR Industries Ltd., and Sunoco LP.

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  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • NAPHTHENIC IS THE NORTH AMERICA LEADER IN PROCESS OIL MARKET
      • PERSONAL CARE MARKET IS GROWING AT A FASTER RATE
  1. MARKET DYNAMICS
    • MARKET SCOPE & DEFINITION
    • MARKET DRIVERS
      • GROWTH OF THE PROCESS OIL MARKET IN AUTOMOTIVE SECTOR
      • INCREASE IN PRACTICE OF PROCESS OIL IN PERSONAL CARE INDUSTRY
      • HIGH DEMAND OF PROCESS OIL IN THE TEXTILE INDUSTRY
    • MARKET RESTRAINTS
      • LIMITATIONS CONCERNING USE OF POLYCYCLIC AROMATIC HYDROCARBON (PAH)
      • INSTABILITY IN RAW MATERIAL CHARGES
    • MARKET OPPORTUNITIES
      • GROWING HYDROCARBON EXPLORATION ACTIVITY IN NON-OPEC REGIONS
      • DEVELOPING TREND OF USING LOW POLYAROMATIC HYDROCARBON (PAH) OILS
    • MARKET CHALLENGES
      • RISE IN DRY-TYPE TRANSFORMERS
      • FLUCTUATIONS IN CRUDE OIL PRICES
  1. MARKET BY TYPE
    • NAPHTHENIC OIL
    • PARAFFIN
    • AROMATIC
    • NON-CARCINOGENIC
  2. MARKET BY APPLICATION
    • TIRE & RUBBER
    • POLYMER
    • PERSONAL CARE
    • OTHER APPLICATIONS
  3. KEY ANALYTICS
    • PORTER’S FIVE FORCES ANALYSIS
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • THREAT OF RIVALRY
    • REGULATORY FRAMEWORK
    • MARKET TRENDS
    • OPPORTUNITY MATRIX
  4. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • THE UNITED STATES
      • CANADA
  1. COMPETITIVE LANDSCAPE
    • MARKET SHARE ANALYSIS
    • COMPANY PROFILES
      • APAR INDUSTRIES LTD.
      • AVISTA OIL AG
      • CHEVRON CORPORATION
      • CALUMET SPECIALTY PRODUCTS PARTNERS, L.P.
      • ERGON NORTH & SOUTH AMERICA
      • EXXON MOBIL CHEMICAL COMPANY
      • GAZPROM
      • GP PETROLEUMS
      • HINDUSTAN PETROLEUM CORPORATION LTD.
      • HOLLYFRONTIER REFINING & MARKETING INC.
      • IDEMITSU KOSAN CO. LTD.
      • IRANOL COMPANY
      • JX NIPPON OIL & GAS EPLORATION
      • LANXESS PROCESS OIL
      • NYNAS AB
      • LUKOIL
      • ORGKHIM BIOCHEMICAL HOLDING
      • PANAMA PETROCHEM LTD.
      • PETRONAS LUBRICANTS INTERNATIONAL
      • PETROCHINA COMPANY LTD.
      • PETROBRAS
      • PHILLIPS 66 COMPANY
      • REPSOL SA
      • ROYAL DUTCH SHELL PLC
      • ROSNEFT
      • SASOL
      • SEPAHAN OIL COMPANY
      • SUNOCO LP
      • TOTAL SA

 

TABLE LIST

TABLE 1        NORTH AMERICA PROCESS OIL MARKET 2019-2027 ($ MILLION)

TABLE 2        NORTH AMERICA PROCESS OIL MARKET 2019-2027 (KILO TONS)

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        NORTH AMERICA PROCESS OIL MARKETBY TYPES 2019-2027 ($ MILLIONS)

TABLE 9        COMPARISON OF DIFFERENT TYPES OF RUBBER PROCESS OIL

TABLE 10      NORTH AMERICA PROCESS OIL MARKETBY TYPE 2019-2027 (KILO TONS)

TABLE 11      NORTH AMERICA NAPHTHENIC PROCESS OIL MARKET 2019-2027 ($ MILLIONS)

TABLE 12      NORTH AMERICA NAPHTHENIC PROCESS OIL MARKET 2019-2027 (KILO TONS)

TABLE 13      NORTH AMERICA PARAFFIN PROCESS OIL MARKET 2019-2027 ($ MILLIONS)

TABLE 14      NORTH AMERICA PARAFFIN PROCESS OIL MARKET 2019-2027 (KILO TONS)

TABLE 15      NORTH AMERICA AROMATIC PROCESS OIL MARKET 2019-2027($ MILLIONS)

TABLE 16      NORTH AMERICA AROMATIC PROCESS OIL MARKET 2019-2027 (KILO TONS)

TABLE 17      NORTH AMERICA NON-CARCINOGENIC PROCESS OIL MARKET 2019-2027 ($ MILLIONS)

TABLE 18      NORTH AMERICA NON-CARCINOGENIC PROCESS OIL MARKET 20217-2025 (KILO TONS)

TABLE 19      NORTH AMERICA PROCESS OIL MARKETBY APPLICATION 2019-2027 ($ MILLIONS)

TABLE 20      NORTH AMERICA TIRE & RUBBER PROCESS OIL MARKET 2019-2027 ($ MILLIONS)

TABLE 21      NORTH AMERICA POLYMER PROCESS OIL MARKET 2019-2027 ($ MILLIONS)

TABLE 22      NORTH AMERICA PERSONAL CARE PROCES OIL MARKET 2019-2027 ($ MILLIONS)

TABLE 23      NORTH AMERICA TEXTILE PROCESS OIL MARKET 2019-2027 ($ MILLIONS)

TABLE 24      PROCESS OIL PRODUCTS USED IN TEXTILE INDUSTRIES

TABLE 25      NORTH AMERICA OTHER APPLICATION PROCESS OIL MARKET 2019-2027 ($ MILLIONS)

TABLE 26      PRODUCT TYPE FOR HOT MELT ADHESIVE MANUFACTURING INDUSTRY

TABLE 27      REGULATION CODE FOR OIL COMPONENTS IN NON-FOOD ARTICLES

TABLE 28      PARAFFINIC RUBBER PROCESS OIL TECHNICAL SPECIFICATION

TABLE 29      NAPHTHENIC RUBBER PROCESS OIL TECHNICAL SPECIFICATION

TABLE 30      AROMATIC RUBBER PROCESS OIL TECHNICAL SPECIFICATION

TABLE 31      DEPARTMENTS IN REGULATING OIL AND GAS ACTIVITIES

TABLE 32      NORTH AMERICA PROCESS OIL MARKETBY COUNTRY 2019-2027 ($ MILLIONS)

TABLE 33      NORTH AMERICA PROCESS OIL MARKETBY COUNTRY 2019-2027 (KILO TONS)

TABLE 34      NORTH AMERICA PROCESS OIL MARKETBY TYPES 2019-2027 ($ MILLIONS)

TABLE 35      NORTH AMERICA PROCESS OIL MARKETBY TYPES 2019-2027 (KILO TONS)

TABLE 36      THE UNITED STATES PROCESS OIL MARKETBY TYPES 2019-2027 ($ MILLIONS)

TABLE 37      THE UNITED STATES PROCESS OIL MARKETBY TYPES 2019-2027(KILO TONS)

TABLE 38      CANADA PROCESS OIL MARKET 2019-2027 ($ MILLIONS)

TABLE 39      CANADA PROCESS OIL MARKET 2019-2027 (KILO TONS)

TABLE 40      CANADA PROCESS OIL MARKETBY TYPES 2019-2027 ($ MILLIONS)

TABLE 41      CANADA PROCESS OIL MARKETBY TYPES 2019-2027 (KILO TONS)

FIGURE LIST

FIGURE 1      NORTH AMERICA PROCESS OIL MARKET 2019-2027 ($ MILLION)

FIGURE 2      NORTH AMERICA PROCESS OIL MARKET 2019-2027 (KILO TONS)

FIGURE 3      AVERAGE ANNUAL U.S. OIL PRODUCTION IN THOUSANDS OF BARRELS PER DAY

FIGURE 4      NORTH AMERICA RUBBER PRODUCTION FROM 2010 TO 2016 (IN THOUSAND TONS)

FIGURE 5      THE UNITED STATES PROCESS OIL MARKET 2019-2027 ($ MILLIONS)

FIGURE 6      THE UNITED STATES PROCESS OIL MARKET 2019-2027 (KILO TONS)

FIGURE 7      CANADA VEHICLE SALES 2017-2018

FIGURE 8      WINTER TIRE USE IN CANADA 2014 & 2016

FIGURE 9      SALES OF HEALTH AND PERSONAL CARE PRODUCT IN CANADA 2016 & 2017 ($ MILLION)

FIGURE 10   SALES OF RETAIL STORE FOOTWEAR IN CANADA 2012-2016 ($ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • THE UNITED STATES
      • CANADA
  1. MARKET BY TYPE
    • NAPHTHENIC OIL
    • PARAFFIN
    • AROMATIC
    • NON-CARCINOGENIC
  2. MARKET BY APPLICATION
    • TIRE & RUBBER
    • POLYMER
    • PERSONAL CARE
    • OTHER APPLICATIONS

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