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Global Residual Aromatic Extract Market Research Report 2025
Synopsis
Residual Aromatic Extract (RAE) is a high viscosity aromatic process oil made from a residual oil fraction and is one kind of environmentally rubber process oil. It is used as extender oils in rubber and tyres.
The global Residual Aromatic Extract market was valued at US$ 144 million in 2023 and is anticipated to reach US$ 165.3 million by 2030, witnessing a CAGR of 2.0% during the forecast period 2024-2030.
Top 3 residual aromatic extract players in Global Market are Shell, H&R Gruop and Eni S.p.A, hold a share around 50%. Europe is the largest market, occupied for around 40 percent, followed around 35% market share for Asia-Pacific. In terms of application, tyre is the largest downstream market with a share about 90%.
This report aims to provide a comprehensive presentation of the global market for Residual Aromatic Extract, 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 Residual Aromatic Extract.
Report Scope
The Residual Aromatic Extract 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 Residual Aromatic Extract 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 Residual Aromatic Extract 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
Shell
H&R Group
Eni S.p.A.
Repsol
Orgkhim Biochemical Holdings
Total
HollyFrontier
IRPC
Segment by Type
High Content Polycyclic Arematic Hydrocarbon(PAH)
Low Content Polycyclic Arematic Hydrocarbon(PAH)
Segment by Application
Tyre
Non-Tyre
Production by Region
North America
Europe
China
Consumption by Region
North America
United States
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 Residual Aromatic Extract manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Residual Aromatic Extract 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 Residual Aromatic Extract 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.
Residual Aromatic Extract (RAE) is a high viscosity aromatic process oil made from a residual oil fraction and is one kind of environmentally rubber process oil. It is used as extender oils in rubber and tyres.
The global Residual Aromatic Extract market was valued at US$ 144 million in 2023 and is anticipated to reach US$ 165.3 million by 2030, witnessing a CAGR of 2.0% during the forecast period 2024-2030.
Top 3 residual aromatic extract players in Global Market are Shell, H&R Gruop and Eni S.p.A, hold a share around 50%. Europe is the largest market, occupied for around 40 percent, followed around 35% market share for Asia-Pacific. In terms of application, tyre is the largest downstream market with a share about 90%.
This report aims to provide a comprehensive presentation of the global market for Residual Aromatic Extract, 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 Residual Aromatic Extract.
Report Scope
The Residual Aromatic Extract 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 Residual Aromatic Extract 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 Residual Aromatic Extract 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
Shell
H&R Group
Eni S.p.A.
Repsol
Orgkhim Biochemical Holdings
Total
HollyFrontier
IRPC
Segment by Type
High Content Polycyclic Arematic Hydrocarbon(PAH)
Low Content Polycyclic Arematic Hydrocarbon(PAH)
Segment by Application
Tyre
Non-Tyre
Production by Region
North America
Europe
China
Consumption by Region
North America
United States
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 Residual Aromatic Extract manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Residual Aromatic Extract 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 Residual Aromatic Extract 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 Residual Aromatic Extract Market Overview
1.1 Product Definition
1.2 Residual Aromatic Extract Segment by Type
1.2.1 Global Residual Aromatic Extract Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 High Content Polycyclic Arematic Hydrocarbon(PAH)
1.2.3 Low Content Polycyclic Arematic Hydrocarbon(PAH)
1.3 Residual Aromatic Extract Segment by Application
1.3.1 Global Residual Aromatic Extract Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Tyre
1.3.3 Non-Tyre
1.4 Global Market Growth Prospects
1.4.1 Global Residual Aromatic Extract Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Residual Aromatic Extract Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Residual Aromatic Extract Production Estimates and Forecasts (2019-2030)
1.4.4 Global Residual Aromatic Extract Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Residual Aromatic Extract Production Market Share by Manufacturers (2019-2024)
2.2 Global Residual Aromatic Extract Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Residual Aromatic Extract, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Residual Aromatic Extract Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Residual Aromatic Extract Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Residual Aromatic Extract, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Residual Aromatic Extract, Product Offered and Application
2.8 Global Key Manufacturers of Residual Aromatic Extract, Date of Enter into This Industry
2.9 Residual Aromatic Extract Market Competitive Situation and Trends
2.9.1 Residual Aromatic Extract Market Concentration Rate
2.9.2 Global 5 and 10 Largest Residual Aromatic Extract Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Residual Aromatic Extract Production by Region
3.1 Global Residual Aromatic Extract Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Residual Aromatic Extract Production Value by Region (2019-2030)
3.2.1 Global Residual Aromatic Extract Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Residual Aromatic Extract by Region (2025-2030)
3.3 Global Residual Aromatic Extract Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Residual Aromatic Extract Production by Region (2019-2030)
3.4.1 Global Residual Aromatic Extract Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Residual Aromatic Extract by Region (2025-2030)
3.5 Global Residual Aromatic Extract Market Price Analysis by Region (2019-2024)
3.6 Global Residual Aromatic Extract Production and Value, Year-over-Year Growth
3.6.1 North America Residual Aromatic Extract Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Residual Aromatic Extract Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Residual Aromatic Extract Production Value Estimates and Forecasts (2019-2030)
4 Residual Aromatic Extract Consumption by Region
4.1 Global Residual Aromatic Extract Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Residual Aromatic Extract Consumption by Region (2019-2030)
4.2.1 Global Residual Aromatic Extract Consumption by Region (2019-2024)
4.2.2 Global Residual Aromatic Extract Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Residual Aromatic Extract Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Residual Aromatic Extract Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Residual Aromatic Extract Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Residual Aromatic Extract 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 Residual Aromatic Extract Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Residual Aromatic Extract 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 Residual Aromatic Extract Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Residual Aromatic Extract Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Residual Aromatic Extract Production by Type (2019-2030)
5.1.1 Global Residual Aromatic Extract Production by Type (2019-2024)
5.1.2 Global Residual Aromatic Extract Production by Type (2025-2030)
5.1.3 Global Residual Aromatic Extract Production Market Share by Type (2019-2030)
5.2 Global Residual Aromatic Extract Production Value by Type (2019-2030)
5.2.1 Global Residual Aromatic Extract Production Value by Type (2019-2024)
5.2.2 Global Residual Aromatic Extract Production Value by Type (2025-2030)
5.2.3 Global Residual Aromatic Extract Production Value Market Share by Type (2019-2030)
5.3 Global Residual Aromatic Extract Price by Type (2019-2030)
6 Segment by Application
6.1 Global Residual Aromatic Extract Production by Application (2019-2030)
6.1.1 Global Residual Aromatic Extract Production by Application (2019-2024)
6.1.2 Global Residual Aromatic Extract Production by Application (2025-2030)
6.1.3 Global Residual Aromatic Extract Production Market Share by Application (2019-2030)
6.2 Global Residual Aromatic Extract Production Value by Application (2019-2030)
6.2.1 Global Residual Aromatic Extract Production Value by Application (2019-2024)
6.2.2 Global Residual Aromatic Extract Production Value by Application (2025-2030)
6.2.3 Global Residual Aromatic Extract Production Value Market Share by Application (2019-2030)
6.3 Global Residual Aromatic Extract Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Shell
7.1.1 Shell Residual Aromatic Extract Corporation Information
7.1.2 Shell Residual Aromatic Extract Product Portfolio
7.1.3 Shell Residual Aromatic Extract Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Shell Main Business and Markets Served
7.1.5 Shell Recent Developments/Updates
7.2 H&R Group
7.2.1 H&R Group Residual Aromatic Extract Corporation Information
7.2.2 H&R Group Residual Aromatic Extract Product Portfolio
7.2.3 H&R Group Residual Aromatic Extract Production, Value, Price and Gross Margin (2019-2024)
7.2.4 H&R Group Main Business and Markets Served
7.2.5 H&R Group Recent Developments/Updates
7.3 Eni S.p.A.
7.3.1 Eni S.p.A. Residual Aromatic Extract Corporation Information
7.3.2 Eni S.p.A. Residual Aromatic Extract Product Portfolio
7.3.3 Eni S.p.A. Residual Aromatic Extract Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Eni S.p.A. Main Business and Markets Served
7.3.5 Eni S.p.A. Recent Developments/Updates
7.4 Repsol
7.4.1 Repsol Residual Aromatic Extract Corporation Information
7.4.2 Repsol Residual Aromatic Extract Product Portfolio
7.4.3 Repsol Residual Aromatic Extract Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Repsol Main Business and Markets Served
7.4.5 Repsol Recent Developments/Updates
7.5 Orgkhim Biochemical Holdings
7.5.1 Orgkhim Biochemical Holdings Residual Aromatic Extract Corporation Information
7.5.2 Orgkhim Biochemical Holdings Residual Aromatic Extract Product Portfolio
7.5.3 Orgkhim Biochemical Holdings Residual Aromatic Extract Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Orgkhim Biochemical Holdings Main Business and Markets Served
7.5.5 Orgkhim Biochemical Holdings Recent Developments/Updates
7.6 Total
7.6.1 Total Residual Aromatic Extract Corporation Information
7.6.2 Total Residual Aromatic Extract Product Portfolio
7.6.3 Total Residual Aromatic Extract Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Total Main Business and Markets Served
7.6.5 Total Recent Developments/Updates
7.7 HollyFrontier
7.7.1 HollyFrontier Residual Aromatic Extract Corporation Information
7.7.2 HollyFrontier Residual Aromatic Extract Product Portfolio
7.7.3 HollyFrontier Residual Aromatic Extract Production, Value, Price and Gross Margin (2019-2024)
7.7.4 HollyFrontier Main Business and Markets Served
7.7.5 HollyFrontier Recent Developments/Updates
7.8 IRPC
7.8.1 IRPC Residual Aromatic Extract Corporation Information
7.8.2 IRPC Residual Aromatic Extract Product Portfolio
7.8.3 IRPC Residual Aromatic Extract Production, Value, Price and Gross Margin (2019-2024)
7.8.4 IRPC Main Business and Markets Served
7.7.5 IRPC Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Residual Aromatic Extract Industry Chain Analysis
8.2 Residual Aromatic Extract Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Residual Aromatic Extract Production Mode & Process
8.4 Residual Aromatic Extract Sales and Marketing
8.4.1 Residual Aromatic Extract Sales Channels
8.4.2 Residual Aromatic Extract Distributors
8.5 Residual Aromatic Extract Customers
9 Residual Aromatic Extract Market Dynamics
9.1 Residual Aromatic Extract Industry Trends
9.2 Residual Aromatic Extract Market Drivers
9.3 Residual Aromatic Extract Market Challenges
9.4 Residual Aromatic Extract 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
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