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Global Biobased Base Oils Market Research Report 2025
Synopsis
Biobased Base Oils are a promising and sustainable alternative to traditional petroleum-based base oils. Derived from renewable sources, these oils offer reduced environmental impact, improved performance, and enhanced customization for various applications. As industries and consumers increasingly prioritize sustainability and eco-friendliness, bio-based base oils are poised to play a pivotal role in advancing greener lubrication solutions and contributing to a more sustainable future. Continued research and innovation in this field hold the potential to drive the widespread adoption of bio-based lubricants and contribute to a more environmentally conscious industrial landscape.
The global Biobased Base Oils market was valued at US$ 43 million in 2023 and is anticipated to reach US$ 71 million by 2030, witnessing a CAGR of 6.8% during the forecast period 2024-2030.
North American market for Biobased Base Oils is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Biobased Base Oils is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Biobased Base Oils include VBASE Oil, Biosynthetic Technologies, VOLTRION, Eneos and Novvi LLC, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Biobased Base Oils, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biobased Base Oils.
Report Scope
The Biobased Base Oils market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Biobased Base Oils market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Biobased Base Oils manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
VBASE Oil
Biosynthetic Technologies
VOLTRION
Eneos
Novvi LLC
Segment by Type
High Viscosity
Low Viscosity
Segment by Application
Industrial Lubricants
Food Grade Lubricants
Engine Oil
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Netherlands
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Biobased Base Oils manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Biobased Base Oils by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Biobased Base Oils in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Biobased Base Oils are a promising and sustainable alternative to traditional petroleum-based base oils. Derived from renewable sources, these oils offer reduced environmental impact, improved performance, and enhanced customization for various applications. As industries and consumers increasingly prioritize sustainability and eco-friendliness, bio-based base oils are poised to play a pivotal role in advancing greener lubrication solutions and contributing to a more sustainable future. Continued research and innovation in this field hold the potential to drive the widespread adoption of bio-based lubricants and contribute to a more environmentally conscious industrial landscape.
The global Biobased Base Oils market was valued at US$ 43 million in 2023 and is anticipated to reach US$ 71 million by 2030, witnessing a CAGR of 6.8% during the forecast period 2024-2030.
North American market for Biobased Base Oils is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Biobased Base Oils is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Biobased Base Oils include VBASE Oil, Biosynthetic Technologies, VOLTRION, Eneos and Novvi LLC, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Biobased Base Oils, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biobased Base Oils.
Report Scope
The Biobased Base Oils market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Biobased Base Oils market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Biobased Base Oils manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
VBASE Oil
Biosynthetic Technologies
VOLTRION
Eneos
Novvi LLC
Segment by Type
High Viscosity
Low Viscosity
Segment by Application
Industrial Lubricants
Food Grade Lubricants
Engine Oil
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Netherlands
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Biobased Base Oils manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Biobased Base Oils by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Biobased Base Oils in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Biobased Base Oils Market Overview
1.1 Product Definition
1.2 Biobased Base Oils Segment by Type
1.2.1 Global Biobased Base Oils Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 High Viscosity
1.2.3 Low Viscosity
1.3 Biobased Base Oils Segment by Application
1.3.1 Global Biobased Base Oils Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Industrial Lubricants
1.3.3 Food Grade Lubricants
1.3.4 Engine Oil
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Biobased Base Oils Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Biobased Base Oils Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Biobased Base Oils Production Estimates and Forecasts (2019-2030)
1.4.4 Global Biobased Base Oils Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Biobased Base Oils Production Market Share by Manufacturers (2019-2024)
2.2 Global Biobased Base Oils Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Biobased Base Oils, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Biobased Base Oils Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Biobased Base Oils Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Biobased Base Oils, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Biobased Base Oils, Product Offered and Application
2.8 Global Key Manufacturers of Biobased Base Oils, Date of Enter into This Industry
2.9 Biobased Base Oils Market Competitive Situation and Trends
2.9.1 Biobased Base Oils Market Concentration Rate
2.9.2 Global 5 and 10 Largest Biobased Base Oils Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Biobased Base Oils Production by Region
3.1 Global Biobased Base Oils Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Biobased Base Oils Production Value by Region (2019-2030)
3.2.1 Global Biobased Base Oils Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Biobased Base Oils by Region (2025-2030)
3.3 Global Biobased Base Oils Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Biobased Base Oils Production by Region (2019-2030)
3.4.1 Global Biobased Base Oils Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Biobased Base Oils by Region (2025-2030)
3.5 Global Biobased Base Oils Market Price Analysis by Region (2019-2024)
3.6 Global Biobased Base Oils Production and Value, Year-over-Year Growth
3.6.1 North America Biobased Base Oils Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Biobased Base Oils Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Biobased Base Oils Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Biobased Base Oils Production Value Estimates and Forecasts (2019-2030)
4 Biobased Base Oils Consumption by Region
4.1 Global Biobased Base Oils Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Biobased Base Oils Consumption by Region (2019-2030)
4.2.1 Global Biobased Base Oils Consumption by Region (2019-2024)
4.2.2 Global Biobased Base Oils Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Biobased Base Oils Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Biobased Base Oils Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Biobased Base Oils Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Biobased Base Oils Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Biobased Base Oils Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Biobased Base Oils Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Biobased Base Oils Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Biobased Base Oils Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Biobased Base Oils Production by Type (2019-2030)
5.1.1 Global Biobased Base Oils Production by Type (2019-2024)
5.1.2 Global Biobased Base Oils Production by Type (2025-2030)
5.1.3 Global Biobased Base Oils Production Market Share by Type (2019-2030)
5.2 Global Biobased Base Oils Production Value by Type (2019-2030)
5.2.1 Global Biobased Base Oils Production Value by Type (2019-2024)
5.2.2 Global Biobased Base Oils Production Value by Type (2025-2030)
5.2.3 Global Biobased Base Oils Production Value Market Share by Type (2019-2030)
5.3 Global Biobased Base Oils Price by Type (2019-2030)
6 Segment by Application
6.1 Global Biobased Base Oils Production by Application (2019-2030)
6.1.1 Global Biobased Base Oils Production by Application (2019-2024)
6.1.2 Global Biobased Base Oils Production by Application (2025-2030)
6.1.3 Global Biobased Base Oils Production Market Share by Application (2019-2030)
6.2 Global Biobased Base Oils Production Value by Application (2019-2030)
6.2.1 Global Biobased Base Oils Production Value by Application (2019-2024)
6.2.2 Global Biobased Base Oils Production Value by Application (2025-2030)
6.2.3 Global Biobased Base Oils Production Value Market Share by Application (2019-2030)
6.3 Global Biobased Base Oils Price by Application (2019-2030)
7 Key Companies Profiled
7.1 VBASE Oil
7.1.1 VBASE Oil Biobased Base Oils Corporation Information
7.1.2 VBASE Oil Biobased Base Oils Product Portfolio
7.1.3 VBASE Oil Biobased Base Oils Production, Value, Price and Gross Margin (2019-2024)
7.1.4 VBASE Oil Main Business and Markets Served
7.1.5 VBASE Oil Recent Developments/Updates
7.2 Biosynthetic Technologies
7.2.1 Biosynthetic Technologies Biobased Base Oils Corporation Information
7.2.2 Biosynthetic Technologies Biobased Base Oils Product Portfolio
7.2.3 Biosynthetic Technologies Biobased Base Oils Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Biosynthetic Technologies Main Business and Markets Served
7.2.5 Biosynthetic Technologies Recent Developments/Updates
7.3 VOLTRION
7.3.1 VOLTRION Biobased Base Oils Corporation Information
7.3.2 VOLTRION Biobased Base Oils Product Portfolio
7.3.3 VOLTRION Biobased Base Oils Production, Value, Price and Gross Margin (2019-2024)
7.3.4 VOLTRION Main Business and Markets Served
7.3.5 VOLTRION Recent Developments/Updates
7.4 Eneos
7.4.1 Eneos Biobased Base Oils Corporation Information
7.4.2 Eneos Biobased Base Oils Product Portfolio
7.4.3 Eneos Biobased Base Oils Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Eneos Main Business and Markets Served
7.4.5 Eneos Recent Developments/Updates
7.5 Novvi LLC
7.5.1 Novvi LLC Biobased Base Oils Corporation Information
7.5.2 Novvi LLC Biobased Base Oils Product Portfolio
7.5.3 Novvi LLC Biobased Base Oils Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Novvi LLC Main Business and Markets Served
7.5.5 Novvi LLC Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Biobased Base Oils Industry Chain Analysis
8.2 Biobased Base Oils Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Biobased Base Oils Production Mode & Process
8.4 Biobased Base Oils Sales and Marketing
8.4.1 Biobased Base Oils Sales Channels
8.4.2 Biobased Base Oils Distributors
8.5 Biobased Base Oils Customers
9 Biobased Base Oils Market Dynamics
9.1 Biobased Base Oils Industry Trends
9.2 Biobased Base Oils Market Drivers
9.3 Biobased Base Oils Market Challenges
9.4 Biobased Base Oils Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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