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Global Naphthenic Base Oil Market Research Report 2024
Synopsis
Naphthenic base oil is hydro-treated group V base oil obtained through distillation of sweet crude. They possess low pour point, low wax content, and excellent swell properties. Naphthenic base oils also provide better low-temperature performance than paraffinic oils, which makes them ideal for formulating hydraulic fluids and automatic transmission fluids. Naphthenic oils respond well to antioxidants and additives due to high solvency power.
The global Naphthenic Base Oil market was valued at US$ 532.9 million in 2023 and is anticipated to reach US$ 780.4 million by 2030, witnessing a CAGR of 5.6% during the forecast period 2024-2030.
The global naphthenic base oil market is rising moderately in the recent years and going forward it is likely to progress this way. The growth of the naphthenic base oil market is primarily attributed to the favorable physical properties of naphthenic base oil that makes it ideal for several formulations such as for gear oil, process oil, plasticizers, adhesives & sealants, and oil expender polymers. These end products are further used in various end-use industries such as automotive and industrial applications.
This report aims to provide a comprehensive presentation of the global market for Naphthenic Base Oil, 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 Naphthenic Base Oil.
Report Scope
The Naphthenic Base Oil market size, estimations, and forecasts are provided in terms of output/shipments (K MT) 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 Naphthenic Base Oil 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 Naphthenic Base Oil 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
Royal Dutch Shell
Nynas
Ergon
Calumet Specialty Products Partners
Chevron Corporation
Avista Oil
Repsol
Segment by Type
Viscosity Index 35-60 SUS
Viscosity Index 80-130 SUS
Viscosity Index 200-300 SUS
Viscosity Index 400-800 SUS
Viscosity Index Above 1200 SUS
Segment by Application
Industrial Lubes & Grease
Electrical Oil
Process Oil
Rubber Oil
Metal
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
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 Naphthenic Base Oil manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Naphthenic Base Oil 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 Naphthenic Base Oil 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.
Naphthenic base oil is hydro-treated group V base oil obtained through distillation of sweet crude. They possess low pour point, low wax content, and excellent swell properties. Naphthenic base oils also provide better low-temperature performance than paraffinic oils, which makes them ideal for formulating hydraulic fluids and automatic transmission fluids. Naphthenic oils respond well to antioxidants and additives due to high solvency power.
The global Naphthenic Base Oil market was valued at US$ 532.9 million in 2023 and is anticipated to reach US$ 780.4 million by 2030, witnessing a CAGR of 5.6% during the forecast period 2024-2030.
The global naphthenic base oil market is rising moderately in the recent years and going forward it is likely to progress this way. The growth of the naphthenic base oil market is primarily attributed to the favorable physical properties of naphthenic base oil that makes it ideal for several formulations such as for gear oil, process oil, plasticizers, adhesives & sealants, and oil expender polymers. These end products are further used in various end-use industries such as automotive and industrial applications.
This report aims to provide a comprehensive presentation of the global market for Naphthenic Base Oil, 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 Naphthenic Base Oil.
Report Scope
The Naphthenic Base Oil market size, estimations, and forecasts are provided in terms of output/shipments (K MT) 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 Naphthenic Base Oil 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 Naphthenic Base Oil 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
Royal Dutch Shell
Nynas
Ergon
Calumet Specialty Products Partners
Chevron Corporation
Avista Oil
Repsol
Segment by Type
Viscosity Index 35-60 SUS
Viscosity Index 80-130 SUS
Viscosity Index 200-300 SUS
Viscosity Index 400-800 SUS
Viscosity Index Above 1200 SUS
Segment by Application
Industrial Lubes & Grease
Electrical Oil
Process Oil
Rubber Oil
Metal
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
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 Naphthenic Base Oil manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Naphthenic Base Oil 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 Naphthenic Base Oil 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 Naphthenic Base Oil Market Overview
1.1 Product Definition
1.2 Naphthenic Base Oil Segment by Type
1.2.1 Global Naphthenic Base Oil Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Viscosity Index 35-60 SUS
1.2.3 Viscosity Index 80-130 SUS
1.2.4 Viscosity Index 200-300 SUS
1.2.5 Viscosity Index 400-800 SUS
1.2.6 Viscosity Index Above 1200 SUS
1.3 Naphthenic Base Oil Segment by Application
1.3.1 Global Naphthenic Base Oil Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Industrial Lubes & Grease
1.3.3 Electrical Oil
1.3.4 Process Oil
1.3.5 Rubber Oil
1.3.6 Metal
1.3.7 Others
1.4 Global Market Growth Prospects
1.4.1 Global Naphthenic Base Oil Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Naphthenic Base Oil Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Naphthenic Base Oil Production Estimates and Forecasts (2019-2030)
1.4.4 Global Naphthenic Base Oil Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Naphthenic Base Oil Production Market Share by Manufacturers (2019-2024)
2.2 Global Naphthenic Base Oil Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Naphthenic Base Oil, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Naphthenic Base Oil Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Naphthenic Base Oil Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Naphthenic Base Oil, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Naphthenic Base Oil, Product Offered and Application
2.8 Global Key Manufacturers of Naphthenic Base Oil, Date of Enter into This Industry
2.9 Naphthenic Base Oil Market Competitive Situation and Trends
2.9.1 Naphthenic Base Oil Market Concentration Rate
2.9.2 Global 5 and 10 Largest Naphthenic Base Oil Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Naphthenic Base Oil Production by Region
3.1 Global Naphthenic Base Oil Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Naphthenic Base Oil Production Value by Region (2019-2030)
3.2.1 Global Naphthenic Base Oil Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Naphthenic Base Oil by Region (2025-2030)
3.3 Global Naphthenic Base Oil Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Naphthenic Base Oil Production by Region (2019-2030)
3.4.1 Global Naphthenic Base Oil Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Naphthenic Base Oil by Region (2025-2030)
3.5 Global Naphthenic Base Oil Market Price Analysis by Region (2019-2024)
3.6 Global Naphthenic Base Oil Production and Value, Year-over-Year Growth
3.6.1 North America Naphthenic Base Oil Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Naphthenic Base Oil Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Naphthenic Base Oil Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Naphthenic Base Oil Production Value Estimates and Forecasts (2019-2030)
4 Naphthenic Base Oil Consumption by Region
4.1 Global Naphthenic Base Oil Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Naphthenic Base Oil Consumption by Region (2019-2030)
4.2.1 Global Naphthenic Base Oil Consumption by Region (2019-2024)
4.2.2 Global Naphthenic Base Oil Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Naphthenic Base Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Naphthenic Base Oil Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Naphthenic Base Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Naphthenic Base Oil 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 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Naphthenic Base Oil Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Naphthenic Base Oil 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 Naphthenic Base Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Naphthenic Base Oil Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Naphthenic Base Oil Production by Type (2019-2030)
5.1.1 Global Naphthenic Base Oil Production by Type (2019-2024)
5.1.2 Global Naphthenic Base Oil Production by Type (2025-2030)
5.1.3 Global Naphthenic Base Oil Production Market Share by Type (2019-2030)
5.2 Global Naphthenic Base Oil Production Value by Type (2019-2030)
5.2.1 Global Naphthenic Base Oil Production Value by Type (2019-2024)
5.2.2 Global Naphthenic Base Oil Production Value by Type (2025-2030)
5.2.3 Global Naphthenic Base Oil Production Value Market Share by Type (2019-2030)
5.3 Global Naphthenic Base Oil Price by Type (2019-2030)
6 Segment by Application
6.1 Global Naphthenic Base Oil Production by Application (2019-2030)
6.1.1 Global Naphthenic Base Oil Production by Application (2019-2024)
6.1.2 Global Naphthenic Base Oil Production by Application (2025-2030)
6.1.3 Global Naphthenic Base Oil Production Market Share by Application (2019-2030)
6.2 Global Naphthenic Base Oil Production Value by Application (2019-2030)
6.2.1 Global Naphthenic Base Oil Production Value by Application (2019-2024)
6.2.2 Global Naphthenic Base Oil Production Value by Application (2025-2030)
6.2.3 Global Naphthenic Base Oil Production Value Market Share by Application (2019-2030)
6.3 Global Naphthenic Base Oil Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Royal Dutch Shell
7.1.1 Royal Dutch Shell Naphthenic Base Oil Corporation Information
7.1.2 Royal Dutch Shell Naphthenic Base Oil Product Portfolio
7.1.3 Royal Dutch Shell Naphthenic Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Royal Dutch Shell Main Business and Markets Served
7.1.5 Royal Dutch Shell Recent Developments/Updates
7.2 Nynas
7.2.1 Nynas Naphthenic Base Oil Corporation Information
7.2.2 Nynas Naphthenic Base Oil Product Portfolio
7.2.3 Nynas Naphthenic Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Nynas Main Business and Markets Served
7.2.5 Nynas Recent Developments/Updates
7.3 Ergon
7.3.1 Ergon Naphthenic Base Oil Corporation Information
7.3.2 Ergon Naphthenic Base Oil Product Portfolio
7.3.3 Ergon Naphthenic Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Ergon Main Business and Markets Served
7.3.5 Ergon Recent Developments/Updates
7.4 Calumet Specialty Products Partners
7.4.1 Calumet Specialty Products Partners Naphthenic Base Oil Corporation Information
7.4.2 Calumet Specialty Products Partners Naphthenic Base Oil Product Portfolio
7.4.3 Calumet Specialty Products Partners Naphthenic Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Calumet Specialty Products Partners Main Business and Markets Served
7.4.5 Calumet Specialty Products Partners Recent Developments/Updates
7.5 Chevron Corporation
7.5.1 Chevron Corporation Naphthenic Base Oil Corporation Information
7.5.2 Chevron Corporation Naphthenic Base Oil Product Portfolio
7.5.3 Chevron Corporation Naphthenic Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Chevron Corporation Main Business and Markets Served
7.5.5 Chevron Corporation Recent Developments/Updates
7.6 Avista Oil
7.6.1 Avista Oil Naphthenic Base Oil Corporation Information
7.6.2 Avista Oil Naphthenic Base Oil Product Portfolio
7.6.3 Avista Oil Naphthenic Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Avista Oil Main Business and Markets Served
7.6.5 Avista Oil Recent Developments/Updates
7.7 Repsol
7.7.1 Repsol Naphthenic Base Oil Corporation Information
7.7.2 Repsol Naphthenic Base Oil Product Portfolio
7.7.3 Repsol Naphthenic Base Oil Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Repsol Main Business and Markets Served
7.7.5 Repsol Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Naphthenic Base Oil Industry Chain Analysis
8.2 Naphthenic Base Oil Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Naphthenic Base Oil Production Mode & Process
8.4 Naphthenic Base Oil Sales and Marketing
8.4.1 Naphthenic Base Oil Sales Channels
8.4.2 Naphthenic Base Oil Distributors
8.5 Naphthenic Base Oil Customers
9 Naphthenic Base Oil Market Dynamics
9.1 Naphthenic Base Oil Industry Trends
9.2 Naphthenic Base Oil Market Drivers
9.3 Naphthenic Base Oil Market Challenges
9.4 Naphthenic Base Oil 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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