European Base Oil Market Evaluated by MicroMarketMonitor in New Research Report Now Available at MarketPublishers.com21 Jan 2016 • by Natalie Aster
LONDON – Process oils are special oils used in a broad diversity of chemical and technical industry sectors as a raw material component as well as an aid to processing. They have a number of advantages over mineral oils, such as chemical stability, better fuel efficiency in specific engines, increased lubrication in low temperatures, and oxidation resistance.
Across Europe’s process oil market, the tire & rubber application segment accounted for the biggest share as of 2014, with the trend poised to continue through to 2020. The market for process oil market across the various regions like APAC, North America and RoW has been seeing considerable growth, due to an upsurge in the demand from the polymer, tire & rubber, and textile industries. Nevertheless, the market in Europe is poised to record declining growth in the years to come. Russia is likely to post the highest growth in the base oil market, thus emerging as a lucrative base oil marketplace in the region.
Ergon, Inc., Royal Dutch Shell plc (Shell), Evonik Industries AG, Chevron Corporation, Neste Oil, Avista Oil AG, LOTOS Oil Sp. z o.o., Nynas AB, Petroliam Nasional Berhad (PETRONAS), Repsol SA, and Calumet Specialty Products Partners, L.P. are the leading players in the base oil market in Europe.
New research study “Europe Base Oil Market By Type (Group I, Group II, Group III, Group IV, Group V), By Application (Automotive Oil, Industrial Oil, Metalworking Fluids, Others), and By Country (France, Germany, Italy, U.K., Russia, Rest of Europe) Trends & Forecasts to 2020” prepared by MicroMarketMonitor offers an insightful analysis of the European base oil market. The report presents an analysis of the market structure and value chain, insight and data on demand and supply in the marketplace; casts light on the market drivers & hindrances and opportunities; evaluates the trends in the industry using Porter’s five forces analysis. The report discusses the gas to liquids (GTL) base oil process along with the benefits of GTL base oil. The research publication presents detailed segmentation of the market for base oil by type and application (comparison), as well as gives a granular geographic analysis of the sector. The study cavasses the competitive landscape, and offers an in-depth analysis of the leading companies with respect to business overview, key products, most recent developments, SWOT analysis, etc.
Historical data are available for the period 2013-2015 and forecast figures are provided to 2020.
Europe Base Oil Market By Type (Group I, Group II, Group III, Group IV, Group V), By Application (Automotive Oil, Industrial Oil, Metalworking Fluids, Others), and By Country (France, Germany, Italy, U.K., Russia, Rest of Europe) Trends & Forecasts to 2020
Published: January, 2016
Price: US$ 2,650.00
More reports by the publisher can be found at MicroMarketMonitor page.