The naphthenic base oil is a hydro-treated group V base oil found through condensation of sweet crude. Naphthenic base oil possess low pour point, excellent swell properties, and low wax content. Naphthenic base oils also offer better low-temperature performance than paraffinic oils, that makes them ideal for formulating automatic transmission fluids and hydraulic fluids. Naphthenic oils respond well to additives and antioxidants owing to high solvency power.
MARKET DYNAMICS
The global naphthenic base oil market is intensifying moderately over the recent years, and going frontward it is expected to progress this way. The market growth of the naphthenic base oil is mainly attributed to the promising physical properties of naphthenic base oil which makes it ideal for numerous formulations such as for process oil, gear oil, adhesives & sealants, plasticizers and oil expender polymers. These end products are further used in numerous end-use industries such as industrial and automotive applications.
MARKET SCOPE
The "Global Naphthenic Base Oil Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the naphthenic base oil with detailed market segmentation by type, application. The global naphthenic base oil market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading naphthenic base oil market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global naphthenic base oil market is segmented on the basis of type into 35-60 SUS, 80-130 SUS, 200-300 SUS, 400-800 SUS, above 1200 SUS. On the basis of application the naphthenic base oil market is segmented into metal working, process oil, electrical oil, industrial lubes & grease, rubber oil, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global naphthenic base oil market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The naphthenic base oil market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the naphthenic base oil market from both demand and supply side and further evaluates market dynamics affecting 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 affecting the naphthenic base oil market in these regions.
Have a question?
Shejal
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global naphthenic base oil market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The naphthenic base oil market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the naphthenic base oil market from both demand and supply side and further evaluates market dynamics affecting 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 affecting the naphthenic base oil market in these regions.
MARKET PLAYERS
The reports cover key developments in the naphthenic base oil 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 the expansion of business and customer base of market players. The market players from naphthenic base oil market are anticipated to lucrative growth opportunities in the future with the rising demand for naphthenic base oil in the global market. Below mentioned is the list of few companies engaged in the naphthenic base oil market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the naphthenic base oil market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Nynas
- Royal Dutch Shell
- Calumet Specialty Products Partners, L.P.
- Ergon, Inc.
- Kowa India Pvt.Ltd
- Eastern Petroleum
- Petrobras
- Lubricon Industries
- Rahaoil, Inc
- Indo Petro Chemical
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Naphthenic Base Oil - By Type
1.3.2Naphthenic Base Oil - By Application
1.3.3Naphthenic Base Oil - By Region
1.3.3.1By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4.NAPHTHENIC BASE OIL LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS
5.NAPHTHENIC BASE OIL - 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.NAPHTHENIC BASE OIL - GLOBAL MARKET ANALYSIS
6.1.NAPHTHENIC BASE OIL - GLOBAL MARKET OVERVIEW
6.2.NAPHTHENIC BASE OIL - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.NAPHTHENIC BASE OIL - REVENUE AND FORECASTS TO 2028 - TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.35-60 SUS
7.3.1.Overview
7.3.2.35-60 SUS Market Forecast and Analysis
7.4.80-130 SUS
7.4.1.Overview
7.4.2.80-130 SUS Market Forecast and Analysis
7.5.200-300 SUS
7.5.1.Overview
7.5.2.200-300 SUS Market Forecast and Analysis
7.6.400-800 SUS
7.6.1.Overview
7.6.2.400-800 SUS Market Forecast and Analysis
7.7.ABOVE 1200 SUS
7.7.1.Overview
7.7.2.Above 1200 SUS Market Forecast and Analysis
8.NAPHTHENIC BASE OIL - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.METAL WORKING
8.3.1.Overview
8.3.2.Metal Working Market Forecast and Analysis
8.4.PROCESS OIL
8.4.1.Overview
8.4.2.Process Oil Market Forecast and Analysis
8.5.ELECTRICAL OIL
8.5.1.Overview
8.5.2.Electrical Oil Market Forecast and Analysis
8.6.INDUSTRIAL LUBES AND GREASE
8.6.1.Overview
8.6.2.Industrial Lubes and Grease Market Forecast and Analysis
8.7.RUBBER OIL
8.7.1.Overview
8.7.2.Rubber Oil Market Forecast and Analysis
8.8.OTHERS
8.8.1.Overview
8.8.2.Others Market Forecast and Analysis
9.NAPHTHENIC BASE OIL REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Naphthenic Base Oil Overview
9.1.2North America Naphthenic Base Oil Forecasts and Analysis
9.1.3North America Naphthenic Base Oil Forecasts and Analysis - By Type
9.1.4North America Naphthenic Base Oil Forecasts and Analysis - By Application
9.1.5North America Naphthenic Base Oil Forecasts and Analysis - By Countries
9.1.5.1United States Naphthenic Base Oil
9.1.5.1.1United States Naphthenic Base Oil by Type
9.1.5.1.2United States Naphthenic Base Oil by Application
9.1.5.2Canada Naphthenic Base Oil
9.1.5.2.1Canada Naphthenic Base Oil by Type
9.1.5.2.2Canada Naphthenic Base Oil by Application
9.1.5.3Mexico Naphthenic Base Oil
9.1.5.3.1Mexico Naphthenic Base Oil by Type
9.1.5.3.2Mexico Naphthenic Base Oil by Application
9.2.EUROPE
9.2.1Europe Naphthenic Base Oil Overview
9.2.2Europe Naphthenic Base Oil Forecasts and Analysis
9.2.3Europe Naphthenic Base Oil Forecasts and Analysis - By Type
9.2.4Europe Naphthenic Base Oil Forecasts and Analysis - By Application
9.2.5Europe Naphthenic Base Oil Forecasts and Analysis - By Countries
9.2.5.1Germany Naphthenic Base Oil
9.2.5.1.1Germany Naphthenic Base Oil by Type
9.2.5.1.2Germany Naphthenic Base Oil by Application
9.2.5.2France Naphthenic Base Oil
9.2.5.2.1France Naphthenic Base Oil by Type
9.2.5.2.2France Naphthenic Base Oil by Application
9.2.5.3Italy Naphthenic Base Oil
9.2.5.3.1Italy Naphthenic Base Oil by Type
9.2.5.3.2Italy Naphthenic Base Oil by Application
9.2.5.4United Kingdom Naphthenic Base Oil
9.2.5.4.1United Kingdom Naphthenic Base Oil by Type
9.2.5.4.2United Kingdom Naphthenic Base Oil by Application
9.2.5.5Russia Naphthenic Base Oil
9.2.5.5.1Russia Naphthenic Base Oil by Type
9.2.5.5.2Russia Naphthenic Base Oil by Application
9.2.5.6Rest of Europe Naphthenic Base Oil
9.2.5.6.1Rest of Europe Naphthenic Base Oil by Type
9.2.5.6.2Rest of Europe Naphthenic Base Oil by Application
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Naphthenic Base Oil Overview
9.3.2Asia-Pacific Naphthenic Base Oil Forecasts and Analysis
9.3.3Asia-Pacific Naphthenic Base Oil Forecasts and Analysis - By Type
9.3.4Asia-Pacific Naphthenic Base Oil Forecasts and Analysis - By Application
9.3.5Asia-Pacific Naphthenic Base Oil Forecasts and Analysis - By Countries
9.3.5.1Australia Naphthenic Base Oil
9.3.5.1.1Australia Naphthenic Base Oil by Type
9.3.5.1.2Australia Naphthenic Base Oil by Application
9.3.5.2China Naphthenic Base Oil
9.3.5.2.1China Naphthenic Base Oil by Type
9.3.5.2.2China Naphthenic Base Oil by Application
9.3.5.3India Naphthenic Base Oil
9.3.5.3.1India Naphthenic Base Oil by Type
9.3.5.3.2India Naphthenic Base Oil by Application
9.3.5.4Japan Naphthenic Base Oil
9.3.5.4.1Japan Naphthenic Base Oil by Type
9.3.5.4.2Japan Naphthenic Base Oil by Application
9.3.5.5South Korea Naphthenic Base Oil
9.3.5.5.1South Korea Naphthenic Base Oil by Type
9.3.5.5.2South Korea Naphthenic Base Oil by Application
9.3.5.6Rest of Asia-Pacific Naphthenic Base Oil
9.3.5.6.1Rest of Asia-Pacific Naphthenic Base Oil by Type
9.3.5.6.2Rest of Asia-Pacific Naphthenic Base Oil by Application
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Naphthenic Base Oil Overview
9.4.2Middle East and Africa Naphthenic Base Oil Forecasts and Analysis
9.4.3Middle East and Africa Naphthenic Base Oil Forecasts and Analysis - By Type
9.4.4Middle East and Africa Naphthenic Base Oil Forecasts and Analysis - By Application
9.4.5Middle East and Africa Naphthenic Base Oil Forecasts and Analysis - By Countries
9.4.5.1South Africa Naphthenic Base Oil
9.4.5.1.1South Africa Naphthenic Base Oil by Type
9.4.5.1.2South Africa Naphthenic Base Oil by Application
9.4.5.2Saudi Arabia Naphthenic Base Oil
9.4.5.2.1Saudi Arabia Naphthenic Base Oil by Type
9.4.5.2.2Saudi Arabia Naphthenic Base Oil by Application
9.4.5.3U.A.E Naphthenic Base Oil
9.4.5.3.1U.A.E Naphthenic Base Oil by Type
9.4.5.3.2U.A.E Naphthenic Base Oil by Application
9.4.5.4Rest of Middle East and Africa Naphthenic Base Oil
9.4.5.4.1Rest of Middle East and Africa Naphthenic Base Oil by Type
9.4.5.4.2Rest of Middle East and Africa Naphthenic Base Oil by Application
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Naphthenic Base Oil Overview
9.5.2South and Central America Naphthenic Base Oil Forecasts and Analysis
9.5.3South and Central America Naphthenic Base Oil Forecasts and Analysis - By Type
9.5.4South and Central America Naphthenic Base Oil Forecasts and Analysis - By Application
9.5.5South and Central America Naphthenic Base Oil Forecasts and Analysis - By Countries
9.5.5.1Brazil Naphthenic Base Oil
9.5.5.1.1Brazil Naphthenic Base Oil by Type
9.5.5.1.2Brazil Naphthenic Base Oil by Application
9.5.5.2Argentina Naphthenic Base Oil
9.5.5.2.1Argentina Naphthenic Base Oil by Type
9.5.5.2.2Argentina Naphthenic Base Oil by Application
9.5.5.3Rest of South and Central America Naphthenic Base Oil
9.5.5.3.1Rest of South and Central America Naphthenic Base Oil by Type
9.5.5.3.2Rest of South and Central America Naphthenic Base Oil by Application
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.NAPHTHENIC BASE OIL, KEY COMPANY PROFILES
11.1.NYNAS
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.ROYAL DUTCH SHELL
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.CALUMET SPECIALTY PRODUCTS PARTNERS, L.P.
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.ERGON, INC.
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.KOWA INDIA PVT.LTD
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.EASTERN PETROLEUM
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.PETROBRAS
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.LUBRICON INDUSTRIES
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.RAHAOIL, INC
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.INDO PETRO CHEMICAL
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1. Nynas
2. Royal Dutch Shell
3. Calumet Specialty Products Partners, L.P.
4. Ergon, Inc.
5. Kowa India Pvt.Ltd
6. Eastern Petroleum
7. Petrobras
8. Lubricon Industries
9. Rahaoil, Inc
10. Indo Petro Chemical
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.
Get Free Sample For