Fuel Lubes and Petrochemical Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
MARKET INTRODUCTION
Fuel additives are compounds used to improve the performance and efficiency of vehicles. Lubricants are compounds used to improve vehicle functionality and performance and reduce friction between engine components. The high demand for high-performance engines that has driven the growth and promotion of the lubricant industry has had a significant impact on the growth of the fuel additive and lubricant markets. Therefore, the high growth of the automotive industry and the resulting increase in demand for fuel additives and lubricants will also serve as a key driver of growth in the fuel lubricant and petrochemical markets during the forecast period.
MARKET DYNAMICS
The growing demand for bio-based lubricants is changing the industry dynamics of raw materials. Expanding trade in vehicles and their spare parts should boost demand for automotive oils and greases. Major economic recovery in North America and Europe is expected to boost the consumer automotive segment, which is benefiting the market. Typical lubricant manufacturers use crude oil, CBM, barrier oils and other additives to formulate all types of lubricants. Leading companies such as Royal Dutch Shell, Total SA, Chevron, ExxonMobil Corporation, British Petroleum and Sinopec are integrating their businesses around the world. We ensure a stable supply of raw materials for producing the mineral oils and additives required for production.
MARKET SCOPE
The "Global Fuel Lubes and Petrochemical Market Analysis to 2031" is a specialized and in-depth study of the fuel Lubes and petrochemical market with a special focus on the global market trend analysis. The report aims to provide an overview of the fuel Lubes and petrochemical market with detailed market segmentation by type, base stock, fuel type and geography. The global fuel Lubes and petrochemical market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fuel Lubes and petrochemical market players and offers key trends and opportunities in the fuel Lubes and petrochemical market.
MARKET SEGMENTATION
The global fuel Lubes and petrochemical market is segmented based on type, base stock, and fuel type. Based on its type, fuel Lubes and petrochemical market can be segmented into deposit control additives, cetane improvers, antioxidants, dyes and markers, lubricity improvers, cold flow improvers, stability improvers, corrosion improvers, octane improvers, anti-icing fuel additives, others. Based on base stock, fuel Lubes and petrochemical market can be segmented into bio-based lubricants, mineral oil lubricants, synthetic lubricants, semi-synthetic lubricants. Based on fuel type, fuel Lubes and petrochemical market can be segmented into power generation, heavy equipment, food and beverage, metallurgy and metal working, chemical manufacturing, industrial, automotive, marine, aerospace, others.
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IMPACT OF COVID-19 ON FUEL LUBES AND PETROCHEMICAL MARKET
The blockade imposed by the COVID-19 pandemic has temporarily banned import / export, manufacturing and processing activities in various industries and utilities, reducing electricity demand from these consumers. In addition, the construction and freezing of new power infrastructure, renewable power plants, grids and other power plants due to labor unavailability and widening supply-demand gaps is projected to impede market growth during the pandemic.
REGIONAL FRAMEWORK Naveen Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Fuel Lubes and Petrochemical Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Fuel Lubes and Petrochemical Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Fuel Lubes and Petrochemical Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the fuel Lubes and petrochemical market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Fuel Lubes and Petrochemical Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Fuel Lubes and Petrochemical Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Fuel Lubes and Petrochemical Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the fuel Lubes and petrochemical market in these regions.
MARKET PLAYERS
The reports cover key developments in the fuel Lubes and petrochemical market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from fuel Lubes and petrochemical market are anticipated to lucrative growth opportunities in the future with the rising demand for fuel Lubes and petrochemical market. Below mentioned is the list of few companies engaged in the fuel Lubes and petrochemical market.
The report also includes the profiles of key fuel Lubes and petrochemical market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Chevron Corporation
- Exxon Mobil Corporation
- The Lubrizol Corporation
- Afton Chemical
- Fuel Performance Solutions Ltd.
- Evonik Industries AG
- BASF SE
- LANXESS
- Total
- Innospec
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Fuel Lubes And Petrochemical Market - By Type
1.3.2 Fuel Lubes And Petrochemical Market - By Base Stock
1.3.3 Fuel Lubes And Petrochemical Market - By Fuel Type
1.3.4 Fuel Lubes And Petrochemical Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FUEL LUBES AND PETROCHEMICAL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. FUEL LUBES AND PETROCHEMICAL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. FUEL LUBES AND PETROCHEMICAL MARKET - GLOBAL MARKET ANALYSIS
6.1. FUEL LUBES AND PETROCHEMICAL - GLOBAL MARKET OVERVIEW
6.2. FUEL LUBES AND PETROCHEMICAL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FUEL LUBES AND PETROCHEMICAL MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. DEPOSIT CONTROL ADDITIVES
7.3.1. Overview
7.3.2. Deposit Control Additives Market Forecast and Analysis
7.4. CETANE IMPROVERS
7.4.1. Overview
7.4.2. Cetane Improvers Market Forecast and Analysis
7.5. ANTIOXIDANTS
7.5.1. Overview
7.5.2. Antioxidants Market Forecast and Analysis
7.6. DYES AND MARKERS
7.6.1. Overview
7.6.2. Dyes And Markers Market Forecast and Analysis
7.7. LUBRICITY IMPROVERS
7.7.1. Overview
7.7.2. Lubricity Improvers Market Forecast and Analysis
7.8. COLD FLOW IMPROVERS
7.8.1. Overview
7.8.2. Cold Flow Improvers Market Forecast and Analysis
7.9. STABILITY IMPROVERS
7.9.1. Overview
7.9.2. Stability Improvers Market Forecast and Analysis
7.10. CORROSION IMPROVERS
7.10.1. Overview
7.10.2. Corrosion Improvers Market Forecast and Analysis
7.11. OCTANE IMPROVERS
7.11.1. Overview
7.11.2. Octane Improvers Market Forecast and Analysis
7.12. ANTI-ICING FUEL ADDITIVES
7.12.1. Overview
7.12.2. Anti-Icing Fuel Additives Market Forecast and Analysis
7.13. OTHERS
7.13.1. Overview
7.13.2. Others Market Forecast and Analysis
8. FUEL LUBES AND PETROCHEMICAL MARKET - REVENUE AND FORECASTS TO 2028 - BASE STOCK
8.1. OVERVIEW
8.2. BASE STOCK MARKET FORECASTS AND ANALYSIS
8.3. BIO-BASED LUBRICANTS
8.3.1. Overview
8.3.2. Bio-Based Lubricants Market Forecast and Analysis
8.4. MINERAL OIL LUBRICANTS
8.4.1. Overview
8.4.2. Mineral Oil Lubricants Market Forecast and Analysis
8.5. SYNTHETIC LUBRICANTS
8.5.1. Overview
8.5.2. Synthetic Lubricants Market Forecast and Analysis
8.6. SEMI-SYNTHETIC LUBRICANTS.
8.6.1. Overview
8.6.2. Semi-Synthetic Lubricants. Market Forecast and Analysis
9. FUEL LUBES AND PETROCHEMICAL MARKET - REVENUE AND FORECASTS TO 2028 - FUEL TYPE
9.1. OVERVIEW
9.2. FUEL TYPE MARKET FORECASTS AND ANALYSIS
9.3. ENGINE OIL
9.3.1. Overview
9.3.2. Engine Oil Market Forecast and Analysis
9.4. TRANSMISSION AND HYDRAULIC FLUIDS
9.4.1. Overview
9.4.2. Transmission and Hydraulic Fluids Market Forecast and Analysis
9.5. METALWORKING FLUIDS
9.5.1. Overview
9.5.2. Metalworking Fluids Market Forecast and Analysis
9.6. GENERAL INDUSTRIAL OILS
9.6.1. Overview
9.6.2. General Industrial Oils Market Forecast and Analysis
9.7. GEAR OIL
9.7.1. Overview
9.7.2. Gear Oil Market Forecast and Analysis
9.8. GREASES
9.8.1. Overview
9.8.2. Greases Market Forecast and Analysis
9.9. PROCESS OILS
9.9.1. Overview
9.9.2. Process Oils Market Forecast and Analysis
9.10. OTHERS
9.10.1. Overview
9.10.2. Others Market Forecast and Analysis
10. FUEL LUBES AND PETROCHEMICAL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Fuel Lubes And Petrochemical Market Overview
10.1.2 North America Fuel Lubes And Petrochemical Market Forecasts and Analysis
10.1.3 North America Fuel Lubes And Petrochemical Market Forecasts and Analysis - By Type
10.1.4 North America Fuel Lubes And Petrochemical Market Forecasts and Analysis - By Base Stock
10.1.5 North America Fuel Lubes And Petrochemical Market Forecasts and Analysis - By Fuel Type
10.1.6 North America Fuel Lubes And Petrochemical Market Forecasts and Analysis - By Countries
10.1.6.1 United States Fuel Lubes And Petrochemical Market
10.1.6.1.1 United States Fuel Lubes And Petrochemical Market by Type
10.1.6.1.2 United States Fuel Lubes And Petrochemical Market by Base Stock
10.1.6.1.3 United States Fuel Lubes And Petrochemical Market by Fuel Type
10.1.6.2 Canada Fuel Lubes And Petrochemical Market
10.1.6.2.1 Canada Fuel Lubes And Petrochemical Market by Type
10.1.6.2.2 Canada Fuel Lubes And Petrochemical Market by Base Stock
10.1.6.2.3 Canada Fuel Lubes And Petrochemical Market by Fuel Type
10.1.6.3 Mexico Fuel Lubes And Petrochemical Market
10.1.6.3.1 Mexico Fuel Lubes And Petrochemical Market by Type
10.1.6.3.2 Mexico Fuel Lubes And Petrochemical Market by Base Stock
10.1.6.3.3 Mexico Fuel Lubes And Petrochemical Market by Fuel Type
10.2. EUROPE
10.2.1 Europe Fuel Lubes And Petrochemical Market Overview
10.2.2 Europe Fuel Lubes And Petrochemical Market Forecasts and Analysis
10.2.3 Europe Fuel Lubes And Petrochemical Market Forecasts and Analysis - By Type
10.2.4 Europe Fuel Lubes And Petrochemical Market Forecasts and Analysis - By Base Stock
10.2.5 Europe Fuel Lubes And Petrochemical Market Forecasts and Analysis - By Fuel Type
10.2.6 Europe Fuel Lubes And Petrochemical Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Fuel Lubes And Petrochemical Market
10.2.6.1.1 Germany Fuel Lubes And Petrochemical Market by Type
10.2.6.1.2 Germany Fuel Lubes And Petrochemical Market by Base Stock
10.2.6.1.3 Germany Fuel Lubes And Petrochemical Market by Fuel Type
10.2.6.2 France Fuel Lubes And Petrochemical Market
10.2.6.2.1 France Fuel Lubes And Petrochemical Market by Type
10.2.6.2.2 France Fuel Lubes And Petrochemical Market by Base Stock
10.2.6.2.3 France Fuel Lubes And Petrochemical Market by Fuel Type
10.2.6.3 Italy Fuel Lubes And Petrochemical Market
10.2.6.3.1 Italy Fuel Lubes And Petrochemical Market by Type
10.2.6.3.2 Italy Fuel Lubes And Petrochemical Market by Base Stock
10.2.6.3.3 Italy Fuel Lubes And Petrochemical Market by Fuel Type
10.2.6.4 United Kingdom Fuel Lubes And Petrochemical Market
10.2.6.4.1 United Kingdom Fuel Lubes And Petrochemical Market by Type
10.2.6.4.2 United Kingdom Fuel Lubes And Petrochemical Market by Base Stock
10.2.6.4.3 United Kingdom Fuel Lubes And Petrochemical Market by Fuel Type
10.2.6.5 Russia Fuel Lubes And Petrochemical Market
10.2.6.5.1 Russia Fuel Lubes And Petrochemical Market by Type
10.2.6.5.2 Russia Fuel Lubes And Petrochemical Market by Base Stock
10.2.6.5.3 Russia Fuel Lubes And Petrochemical Market by Fuel Type
10.2.6.6 Rest of Europe Fuel Lubes And Petrochemical Market
10.2.6.6.1 Rest of Europe Fuel Lubes And Petrochemical Market by Type
10.2.6.6.2 Rest of Europe Fuel Lubes And Petrochemical Market by Base Stock
10.2.6.6.3 Rest of Europe Fuel Lubes And Petrochemical Market by Fuel Type
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Fuel Lubes And Petrochemical Market Overview
10.3.2 Asia-Pacific Fuel Lubes And Petrochemical Market Forecasts and Analysis
10.3.3 Asia-Pacific Fuel Lubes And Petrochemical Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Fuel Lubes And Petrochemical Market Forecasts and Analysis - By Base Stock
10.3.5 Asia-Pacific Fuel Lubes And Petrochemical Market Forecasts and Analysis - By Fuel Type
10.3.6 Asia-Pacific Fuel Lubes And Petrochemical Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Fuel Lubes And Petrochemical Market
10.3.6.1.1 Australia Fuel Lubes And Petrochemical Market by Type
10.3.6.1.2 Australia Fuel Lubes And Petrochemical Market by Base Stock
10.3.6.1.3 Australia Fuel Lubes And Petrochemical Market by Fuel Type
10.3.6.2 China Fuel Lubes And Petrochemical Market
10.3.6.2.1 China Fuel Lubes And Petrochemical Market by Type
10.3.6.2.2 China Fuel Lubes And Petrochemical Market by Base Stock
10.3.6.2.3 China Fuel Lubes And Petrochemical Market by Fuel Type
10.3.6.3 India Fuel Lubes And Petrochemical Market
10.3.6.3.1 India Fuel Lubes And Petrochemical Market by Type
10.3.6.3.2 India Fuel Lubes And Petrochemical Market by Base Stock
10.3.6.3.3 India Fuel Lubes And Petrochemical Market by Fuel Type
10.3.6.4 Japan Fuel Lubes And Petrochemical Market
10.3.6.4.1 Japan Fuel Lubes And Petrochemical Market by Type
10.3.6.4.2 Japan Fuel Lubes And Petrochemical Market by Base Stock
10.3.6.4.3 Japan Fuel Lubes And Petrochemical Market by Fuel Type
10.3.6.5 South Korea Fuel Lubes And Petrochemical Market
10.3.6.5.1 South Korea Fuel Lubes And Petrochemical Market by Type
10.3.6.5.2 South Korea Fuel Lubes And Petrochemical Market by Base Stock
10.3.6.5.3 South Korea Fuel Lubes And Petrochemical Market by Fuel Type
10.3.6.6 Rest of Asia-Pacific Fuel Lubes And Petrochemical Market
10.3.6.6.1 Rest of Asia-Pacific Fuel Lubes And Petrochemical Market by Type
10.3.6.6.2 Rest of Asia-Pacific Fuel Lubes And Petrochemical Market by Base Stock
10.3.6.6.3 Rest of Asia-Pacific Fuel Lubes And Petrochemical Market by Fuel Type
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Fuel Lubes And Petrochemical Market Overview
10.4.2 Middle East and Africa Fuel Lubes And Petrochemical Market Forecasts and Analysis
10.4.3 Middle East and Africa Fuel Lubes And Petrochemical Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Fuel Lubes And Petrochemical Market Forecasts and Analysis - By Base Stock
10.4.5 Middle East and Africa Fuel Lubes And Petrochemical Market Forecasts and Analysis - By Fuel Type
10.4.6 Middle East and Africa Fuel Lubes And Petrochemical Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Fuel Lubes And Petrochemical Market
10.4.6.1.1 South Africa Fuel Lubes And Petrochemical Market by Type
10.4.6.1.2 South Africa Fuel Lubes And Petrochemical Market by Base Stock
10.4.6.1.3 South Africa Fuel Lubes And Petrochemical Market by Fuel Type
10.4.6.2 U.A.E Fuel Lubes And Petrochemical Market
10.4.6.2.1 U.A.E Fuel Lubes And Petrochemical Market by Type
10.4.6.2.2 U.A.E Fuel Lubes And Petrochemical Market by Base Stock
10.4.6.2.3 U.A.E Fuel Lubes And Petrochemical Market by Fuel Type
10.4.6.3 Rest of Middle East and Africa Fuel Lubes And Petrochemical Market
10.4.6.3.1 Rest of Middle East and Africa Fuel Lubes And Petrochemical Market by Type
10.4.6.3.2 Rest of Middle East and Africa Fuel Lubes And Petrochemical Market by Base Stock
10.4.6.3.3 Rest of Middle East and Africa Fuel Lubes And Petrochemical Market by Fuel Type
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Fuel Lubes And Petrochemical Market Overview
10.5.2 South and Central America Fuel Lubes And Petrochemical Market Forecasts and Analysis
10.5.3 South and Central America Fuel Lubes And Petrochemical Market Forecasts and Analysis - By Type
10.5.4 South and Central America Fuel Lubes And Petrochemical Market Forecasts and Analysis - By Base Stock
10.5.5 South and Central America Fuel Lubes And Petrochemical Market Forecasts and Analysis - By Fuel Type
10.5.6 South and Central America Fuel Lubes And Petrochemical Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Fuel Lubes And Petrochemical Market
10.5.6.1.1 Brazil Fuel Lubes And Petrochemical Market by Type
10.5.6.1.2 Brazil Fuel Lubes And Petrochemical Market by Base Stock
10.5.6.1.3 Brazil Fuel Lubes And Petrochemical Market by Fuel Type
10.5.6.2 Argentina Fuel Lubes And Petrochemical Market
10.5.6.2.1 Argentina Fuel Lubes And Petrochemical Market by Type
10.5.6.2.2 Argentina Fuel Lubes And Petrochemical Market by Base Stock
10.5.6.2.3 Argentina Fuel Lubes And Petrochemical Market by Fuel Type
10.5.6.3 Rest of South and Central America Fuel Lubes And Petrochemical Market
10.5.6.3.1 Rest of South and Central America Fuel Lubes And Petrochemical Market by Type
10.5.6.3.2 Rest of South and Central America Fuel Lubes And Petrochemical Market by Base Stock
10.5.6.3.3 Rest of South and Central America Fuel Lubes And Petrochemical Market by Fuel Type
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. FUEL LUBES AND PETROCHEMICAL MARKET, KEY COMPANY PROFILES
12.1. CHEVRON CORPORATION
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. EXXON MOBIL CORPORATION
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. THE LUBRIZOL CORPORATION
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. AFTON CHEMICAL
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. FUEL PERFORMANCE SOLUTIONS LTD.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. EVONIK INDUSTRIES AG
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. BASF SE
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. LANXESS
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. TOTAL
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. INNOSPEC
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List Of Companies
- Chevron Corporation
- Exxon Mobil Corporation
- The Lubrizol Corporation
- Afton Chemical
- Fuel Performance Solutions Ltd.
- Evonik Industries AG
- BASF SE
- LANXESS
- Total
- Innospec
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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