[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Rubber Process Oil Market by Type (Naphthenic, Paraffinic, Treated Distillate Aromatic Extract, DAE, MES, RAE and TRAE), and Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) - Global Forecast to 2023

October 2018 | 148 pages | ID: RBE94904622EN
MarketsandMarkets

US$ 3,672.50 US$ 5,650.00 -35 %
Offer valid until December 31, 2024!

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
“In terms of value, the rubber process oil market is projected to grow at a CAGR of 4.1% from 2018 to 2023.”

The rubber process oil market is projected to grow from USD 1.91 billion in 2018 to USD 2.33 billion by 2023, at a CAGR of 4.1%, from 2018 to 2023. The growth of the rubber process oil market can be attributed to the increased consumption of rubber process oils in the manufacturing of tires. The growing number of automobiles across the globe has contributed to the increasing demand for tires, thereby leading to the growth of the rubber process oil market. The increase in the sales of automobiles in the Asia Pacific region has led to rising demand for tires, thereby leading to the growth of the Asia Pacific rubber process oil market. Formulation and implementation of the European union directive banning the use of PCA (polycyclic aromatics) in tire manufacturing and increased use of soyabean oil as an alternative for rubber process oil in tire manufacturing are the key factors restricting the growth of the market.

“The TDAE type segment is projected to grow at the highest CAGR between 2018 and 2023.”

TDAE is projected to grow at the highest CAGR in terms of value between 2018 and 2023. The formulation and implementation of the regulations banning the use of DAE in the European region have led to an increase in the consumption of TDAE in the region.

“The Asia Pacific Rubber process oil market is projected to grow at the highest CAGR from 2018 to 2023.”

The Asia Pacific region is estimated to account for the largest share of the rubber process oil market in 2018. The growth of the Asia Pacific rubber process oil market can be attributed to increase in the sales of automobiles in the region that is expected to boost the consumption of rubber process oils in the tire and rubber market of the region. Various leading players have adopted the strategies of expansions, new product launches, and agreements, to meet the growing demand for rubber process oil.

The break-up of profiles of primary interviews for the report has been given below:
  • By Company Type: Tier 1—25%, Tier 2—35%, and Tier 3—40%
  • By Designation: C Level—25%, D Level—25%, and Others—50%
  • By Region: Asia Pacific—40%, Europe—25%, North America—22%, the Middle East & Africa—8%, and South America—5%
As a part of the qualitative analysis, this research study provides a comprehensive overview of the drivers, restraints, opportunities, and challenges in the rubber process oil market. It also discusses competitive strategies adopted by leading market players, such as Royal Dutch Shell plc (Netherlands), Chevron Corporation (US), Petronas Lubricants Belgium NV (Belgium), Nynas AB (Sweden), ORGKHIM Biochemical Holding (Russia), Repsol S.A. (Spain), and Hindustan Petroleum Corporation Limited (India) are among others in the rubber process oil market.

Research Coverage

This report defines, segments, and projects the rubber process oil market based on type, end-use industry, and region. It strategically profiles key players and comprehensively analyzes the ranking of the leading market players. It also tracks and analyzes competitive developments, such as expansions, new product launches, and agreements in the rubber process oil market.

Reasons to Buy the Report

This report is expected to help market leaders/new entrants in this market by providing them the closest approximations of revenues of the rubber process oil market and its subsegments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape, gain insights to enhance the position of their businesses, and enable them to make suitable go-to-market strategies. The report is expected to help stakeholders understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
  1.3.1 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 STAKEHOLDERS
1.6 LIMITATIONS

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA
  2.1.1 SECONDARY DATA
    2.1.1.1 Key data from secondary sources
  2.1.2 PRIMARY DATA
    2.1.2.1 Key data from primary sources
    2.1.2.2 Key industry insights
    2.1.2.3 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
2.3 DATA TRIANGULATION
2.4 ASSUMPTIONS

3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS

4.1 ATTRACTIVE OPPORTUNITIES IN RUBBER PROCESS OIL MARKET
4.2 RUBBER PROCESS OIL MARKET, BY TYPE
4.3 RUBBER PROCESS OIL MARKET, BY REGION

5 MARKET OVERVIEW

5.1 INTRODUCTION
5.2 REGULATIONS
5.3 MARKET DYNAMICS
  5.3.1 DRIVERS
    5.3.1.1 Growing tire manufacturing industry across the globe
    5.3.1.2 Increasing demand and consumption of rubber process oils in the Asia Pacific region
    5.3.1.3 Growing use of Solution Styrene-Butadiene Rubber (S-SBR) in tires of automobiles
    5.3.1.4 Growing demand for low-viscosity oils for use in vehicles
  5.3.2 RESTRAINTS
    5.3.2.1 Implementation on the European Union directive banning the use polycyclic aromatic hydrocarbons in the tire manufacturing
    5.3.2.2 Increased use of soybean oil as an alternative for rubber process oil in tire manufacturing
  5.3.3 OPPORTUNITIES
    5.3.3.1 Increasing demand for green rubber process oils across the globe
  5.3.4 CHALLENGES
    5.3.4.1 Fluctuating prices of crude oil
5.4 PORTER’S FIVE FORCES ANALYSIS
  5.4.1 BARGAINING POWER OF SUPPLIERS
  5.4.2 BARGAINING POWER OF BUYERS
  5.4.3 THREAT OF SUBSTITUTES
  5.4.4 THREAT OF NEW ENTRANTS
  5.4.5 INTENSITY OF COMPETITIVE RIVALRY

6 RUBBER PROCESS OIL MARKET, BY TYPE

6.1 INTRODUCTION
6.2 TREATED DISTILLATE AROMATIC EXTRACTED (TDAE)
6.3 DISTILLATE AROMATIC EXTRACT
6.4 MILD EXTRACTED SOLVATE
6.5 RESIDUAL AROMATIC EXTRACT (RAE) AND TREATED RESIDUAL AROMATIC EXTRACT (TRAE)
6.6 PARAFFINIC
6.7 NAPHTHENIC

7 RUBBER PROCESS OIL MARKET, BY REGION

7.1 INTRODUCTION
7.2 ASIA PACIFIC
  7.2.1 CHINA
  7.2.2 INDIA
  7.2.3 JAPAN
  7.2.4 SOUTH KOREA
  7.2.5 INDONESIA
  7.2.6 THAILAND
  7.2.7 REST OF ASIA PACIFIC
7.3 NORTH AMERICA
  7.3.1 US
  7.3.2 CANADA
  7.3.3 MEXICO
7.4 EUROPE
  7.4.1 RUSSIA
  7.4.2 GERMANY
  7.4.3 UK
  7.4.4 FRANCE
  7.4.5 SPAIN
  7.4.6 ITALY
  7.4.7 REST OF EUROPE
7.5 MIDDLE EAST & AFRICA
  7.5.1 SAUDI ARABIA
  7.5.2 UAE
  7.5.3 IRAN
  7.5.4 REST OF MIDDLE EAST & AFRICA
7.6 SOUTH AMERICA
  7.6.1 BRAZIL
  7.6.2 ARGENTINA
  7.6.3 COLOMBIA
  7.6.4 REST OF SOUTH AMERICA

8 COMPETITIVE LANDSCAPE

8.1 OVERVIEW
8.2 MARKET RANKING OF KEY PLAYERS
8.3 COMPETITIVE SCENARIO
  8.3.1 EXPANSIONS
  8.3.2 NEW PRODUCT LAUNCHES
  8.3.3 ACQUISITIONS
  8.3.4 AGREEMENTS

9 COMPANY PROFILES

(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*

9.1 NYNAS AB
9.2 APAR INDUSTRIES LIMITED
9.3 PANAMA PETROCHEM LTD.
9.4 HOLLYFRONTIER REFINING & MARKETING LLC
9.5 BEHRAN OIL COMPANY
9.6 GANDHAR OIL REFINERY (INDIA) LIMITED
9.7 HINDUSTAN PETROLEUM CORPORATION LIMITED (HPCL)
9.8 TOTAL S.A.
9.9 INDIAN OIL CORPORATION LIMITED
9.10 UNIPETROL GROUP
9.11 IDEMITSU KOSAN CO., LTD.
9.12 REPSOL S.A.
9.13 ORGKHIM BIOCHEMICAL HOLDING

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
9.14 OTHER KEY PLAYERS
  9.14.1 CPC CORPORATION
  9.14.2 SHELL GLOBAL
  9.14.3 EAGLE PETROCHEM
  9.14.4 LODHA PETRO
  9.14.5 WBF PTE LTD.
  9.14.6 SOUTHWESTERN PETROLEUM CORPORATION
  9.14.7 CROSS OIL REFINING & MARKETING, INC.
  9.14.8 KITE INTERNATIONAL
  9.14.9 IRANOL
  9.14.10 VINTROL LUBES PVT. LTD.
  9.14.11 PETRO GULF FZC
  9.14.12 WITMANS INDUSTRIES PVT. LTD.
  9.14.13 STERLITE LUBRICANTS PVT. LTD.
  9.14.14 GULF PETROLEUM LTD.
  9.14.15 WELLBANK GLOBAL PTE LTD.
  9.14.16 ERGON NORTH & SOUTH AMERICA

10 APPENDIX

10.1 DISCUSSION GUIDE
10.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
10.3 AVAILABLE CUSTOMIZATIONS
10.4 RELATED REPORTS
10.5 AUTHOR DETAILS

LIST OF TABLES

Table 1 RUBBER PROCESS OIL MARKET SNAPSHOT
Table 2 CAR AND COMMERCIAL VEHICLES PRODUCTION, BY COUNTRY, 2017
Table 3 COMPARISON OF DIFFERENT TYPES OF RUBBER PROCESS OILS
Table 4 RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 5 RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 6 TDAE RUBBER PROCESS OIL MARKET, BY REGION, 2016–2023 (USD MILLION)
Table 7 TDAE RUBBER PROCESS OIL MARKET, BY REGION, 2016–2023 (KILOTONS)
Table 8 DAE RUBBER PROCESS OIL MARKET, BY REGION, 2016–2023 (USD MILLION)
Table 9 DAE RUBBER PROCESS OIL MARKET, BY REGION, 2016–2023 (KILOTONS)
Table 10 MES RUBBER PROCESS OIL MARKET, BY REGION, 2016–2023 (USD MILLION)
Table 11 MES RUBBER PROCESS OIL MARKET, BY REGION, 2016–2023 (KILOTONS)
Table 12 RAE & TRAE RUBBER PROCESS OIL MARKET, BY REGION, 2016–2023 (USD MILLION)
Table 13 RAE & TRAE RUBBER PROCESS OIL MARKET, BY REGION, 2016–2023 (KILOTONS)
Table 14 PARAFFINIC RUBBER PROCESS OIL MARKET, BY REGION, 2016–2023 (USD MILLION)
Table 15 PARAFFINIC RUBBER PROCESS OIL MARKET, BY REGION, 2016–2023 (KILOTONS)
Table 16 NAPHTHENIC RUBBER PROCESS OIL MARKET, BY REGION, 2016–2023 (USD MILLION)
Table 17 NAPHTHENIC RUBBER PROCESS OIL MARKET, BY REGION, 2016–2023 (KILOTONS)
Table 18 RUBBER PROCESS OIL MARKET, BY REGION, 2016-2023 (USD MILLION)
Table 19 RUBBER PROCESS OIL MARKET, BY REGION, 2016-2023 (KILOTON)
Table 20 ASIA PACIFIC RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 21 ASIA PACIFIC RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 22 ASIA PACIFIC RUBBER PROCESS OIL MARKET, BY COUNTRY, 2016–2023 (USD MILLION)
Table 23 ASIA PACIFIC RUBBER PROCESS OIL MARKET, BY COUNTRY, 2016–2023 (KILOTONS)
Table 24 CHINA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 25 CHINA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 26 INDIA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 27 INDIA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 28 JAPAN RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 29 JAPAN RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 30 SOUTH KOREA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 31 SOUTH KOREA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 32 INDONESIA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 33 INDONESIA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 34 THAILAND RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 35 THAILAND RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 36 REST OF ASIA PACIFIC RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 37 REST OF ASIA PACIFIC RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 38 NORTH AMERICA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 39 NORTH AMERICA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 40 NORTH AMERICA RUBBER PROCESS OIL MARKET, BY COUNTRY, 2016–2023 (USD MILLION)
Table 41 NORTH AMERICA RUBBER PROCESS OIL MARKET, BY COUNTRY, 2016–2023 (KILOTONS)
Table 42 US RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 43 US RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 44 CANADA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 45 CANADA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 46 MEXICO RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 47 MEXICO RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 48 EUROPE RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 49 EUROPE RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 50 EUROPE RUBBER PROCESS OIL MARKET, BY COUNTRY, 2016–2023 (USD MILLION)
Table 51 EUROPE RUBBER PROCESS OIL MARKET, BY COUNTRY, 2016–2023 (KILOTONS)
Table 52 RUSSIA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 53 RUSSIA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 54 GERMANY RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 55 GERMANY RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 56 UK RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 57 UK RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 58 FRANCE RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 59 FRANCE RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 60 SPAIN RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 61 SPAIN RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 62 ITALY RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 63 ITALY RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 64 REST OF EUROPE RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 65 REST OF EUROPE RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 66 MIDDLE EAST & AFRICA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 67 MIDDLE EAST & AFRICA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 68 MIDDLE EAST & AFRICA RUBBER PROCESS OIL MARKET, BY COUNTRY, 2016–2023 (USD MILLION)
Table 69 MIDDLE EAST & AFRICA RUBBER PROCESS OIL MARKET, BY COUNTRY, 2016–2023 (KILOTONS)
Table 70 SAUDI ARABIA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 71 SAUDI ARABIA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 72 UAE RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 73 UAE RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 74 IRAN RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 75 IRAN RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 76 REST OF MIDDLE EAST & AFRICA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 77 REST OF MIDDLE EAST & AFRICA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 78 SOUTH AMERICA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 79 SOUTH AMERICA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 80 SOUTH AMERICA RUBBER PROCESS OIL MARKET, BY COUNTRY, 2016–2023 (USD MILLION)
Table 81 SOUTH AMERICA RUBBER PROCESS OIL MARKET, BY COUNTRY, 2016–2023 (KILOTONS)
Table 82 BRAZIL RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 83 BRAZIL RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 84 ARGENTINA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 85 ARGENTINA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 86 COLOMBIA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 87 COLOMBIA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 88 REST OF SOUTH AMERICA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (USD MILLION)
Table 89 REST OF SOUTH AMERICA RUBBER PROCESS OIL MARKET, BY TYPE, 2016–2023 (KILOTONS)
Table 90 EXPANSIONS, JANUARY 2015–JULY 2018
Table 91 NEW PRODUCT LAUNCHES, JANUARY 2015–JULY 2018
Table 92 ACQUISITIONS, JANUARY 2015–JULY 2018
Table 93 AGREEMENTS, JANUARY 2015–JULY 2018

The report "Rubber Process Oil Market by Type (Naphthenic, Paraffinic, Treated Distillate Aromatic Extract, DAE, MES, RAE and TRAE), and Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) - Global Forecast to 2023", The rubber process oil market is projected to grow from USD 1.91 billion in 2018 to USD 2.33 billion by 2023, at a CAGR of 4.1%, from 2018 to 2023.

Major companies profiled in this report include:

Royal Dutch Shell plc (Netherlands), Chevron Corporation (US), Petronas Lubricants Belgium NV (Belgium), Nynas AB (Sweden), ORGKHIM Biochemical Holding (Russia), Repsol S.A. (Spain), and Hindustan Petroleum Corporation Limited (India) among others

These companies have adopted various strategies, such as expansions, new product launches, and agreements to meet the growing demand for rubber process oil as well as increase their market presence.

Research Coverage:

This report defines, segments, and projects the rubber process oil market based on type, end-use industry, and region. It strategically profiles key players and comprehensively analyzes the ranking of the leading market players. It also tracks and analyzes competitive developments, such as expansions, new product launches, and agreements in the rubber process oil market.

The naphthenic segment type is estimated to account for the largest share of the rubber process oil market in 2018.

The naphthenic segment is estimated to account for the largest share of the rubber process oil market in 2018. Naphthenic process oil is a light-colored and non-staining compound, which has high thermal stability and excellent compatibility with synthetic elastomers. The naphthenic rubber process oil is being increasingly consumed as the preferred oil in the North American and European regions mainly due to its low PCA content.

The TDAE segment type is projected to be the fastest-growing type in the global rubber process oil market.

TDAE is a non-carcinogenic rubber process oil and, is widely used as a substitute of DAE. It is the fastest-growing segment in the global rubber process oil market. The demand for TDAE is expected to increase during the forecast period due to its environmentally-friendly - friendly nature.

The Asia Pacific region is expected to be the largest market of rubber process oil in 2018.

The Asia Pacific region is estimated to account for the largest share of the rubber process oil market in 2018. The growth of the Asia Pacific rubber process oil market can be attributed to increase in the sales of automobiles in the region that is expected to boost the consumption of rubber process oils in the tire and rubber industries of the region.



More Publications