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Specialties of Lube Oil Refinery Market by Type (Fully Refined Wax, Semi Refined wax, Rubber Process Oil, White Oil, Petrolatum , and Others), and Region (APAC, Europe, North America, South America, Middle East & Africa) Global Forecast to 2023

  • ID: 4667814
  • Report
  • Region: Global, Africa, Asia Pacific, East Africa, Europe, Middle East, North America, United States
  • 108 Pages
  • Markets and Markets
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The Global Specialties of Lube Oil Refinery Market is Estimated to be USD 10.4 Billion in 2018 and is Projected to Reach USD 11.3 Billion by 2023, at a CAGR of 1.8%

FEATURED COMPANIES

  • Apar Industries Ltd.
  • Eni S.P.A.
  • H&R Group
  • Moresco Corporation
  • Paraffinwaxco, Inc.
  • Royal Dutch Shell Plc
  • MORE

“The specialties of lube oil refinery market is projected to register a CAGR of 1.8% between 2018 and 2023.”

The global specialties of lube oil refinery market is estimated to be USD 10.4 billion in 2018 and is projected to reach USD 11.3 billion by 2023, at a CAGR of 1.8%. The growth in the packaging, pharmaceutical, and cosmetics industries is driving the demand for specialties of lube oil refinery. The rising demand from applications such as candle manufacturing and rubber processing as well as growing population, changing lifestyle, and increasing per capita income are also driving the specialties of lube oil refinery market. However, the shrinking supply of paraffin wax is majorly restraining the growth of the specialties of lube oil refinery market.

“Fully refined wax, the fastest-growing segment of the specialties of lube oil refinery market”

The fully refined wax market is projected to register the highest CAGR during the forecast period. The growing demand for fully refined wax is due to its high purity levels and good moisturizing property. This promotes its use in various applications such as cosmetics, skin care, and food packaging. This wax is used in products such as lipsticks, cold creams, ointments, laxatives, oily papers, chocolates, and chewing gums. Candle manufacturing is another major application of fully refined wax.

“APAC to be the largest specialties of lube oil refinery market”

The APAC specialties of lube oil refinery market is projected to register the highest CAGR between 2018 and 2023. This growth is mainly attributed to the growing population, increasing urbanization, rising number of working women. There is also an increasing concern about physical appearance and better healthcare needs, which, in turn, is driving the demand for specialties of lube oil refinery in the cosmetics and pharmaceutical applications.

Breakdown of primary interviews for the report on the specialties of lube oil refinery market

  • By Company Type - Tier 1 - 33%, Tier 2 -17%, and Tier 3 - 50%
  • By Designation - C Level Executives - 17%, Director Level - 17%, and Others - 66%
  • By Region - North America - 20%, APAC- 40%, Middle East & Africa - 40%

The leading specialties of lube oil refinery manufacturers, globally, profiled in this report are Exxon Mobil Corporation (US), Sinopec Corporation (China), Royal Dutch Shell Plc (Netherlands), PetroChina Company Limited (China), Repsol SA (Spain), Eni S.p.A. (Italy), LUKOIL (Russia), and Sasol Ltd. (South Africa).

Research Coverage:

The report covers the specialties of lube oil refinery market on the basis of type and region. This report aims at estimating the size and future growth potential of the specialties of lube oil refinery market across various segmentation types. The report also includes an in-depth competitive analysis of the key market players along with their profiles and key growth strategies.

Key Benefits of Buying the Report

From an insight perspective, this report has been focusing on various levels of analyses, which include industry analysis (industry trends) and company profiles. These insights together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the specialties of lube oil refinery market, high-growth regions, and drivers, restraints, opportunities, and challenges in the specialties of lube oil refinery market.

The report provides insights on the following pointers:

  • Market Penetration: A comprehensive information on specialties of lube oil refinery offered by top players operating in the specialties of lube oil refinery market.
  • Product Development/Innovation: A detailed insight into upcoming technologies, R&D activities, and new applications in the specialties of lube oil refinery market.
  • Market Development: A comprehensive information about the lucrative and emerging markets. The report analyzes the markets for specialties of lube oil refinery across different regions.
  • Market Diversification: An exhaustive information about new products, untapped geographies, recent developments, and investments in the specialties of lube oil refinery market.
  • Competitive Assessment: An in-depth assessment of strategies, products, and manufacturing capabilities of leading players in the specialties of lube oil refinery market.
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FEATURED COMPANIES

  • Apar Industries Ltd.
  • Eni S.P.A.
  • H&R Group
  • Moresco Corporation
  • Paraffinwaxco, Inc.
  • Royal Dutch Shell Plc
  • MORE

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 Limitations
1.6 Stakeholders

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 the Specialties of Lube Oil Refinery Market
4.2 Specialties of Lube Oil Refinery Market, By Type and Region
4.3 Specialties of Lube Oil Refinery Market, By Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Demand From Applications Such as Candle Manufacturing and Rubber Processing
5.2.1.2 Growing Population, Changing Lifestyle, and Increasing Per Capita Income
5.2.2 Restraints
5.2.2.1 Shrinking Supply of Paraffin Wax
5.2.3 Opportunities
5.2.3.1 Continuous R&D to Improve the Performance of White Oil and Petrolatum for Use in Cosmetics and Pharmaceutical Applications
5.2.4 Challenges
5.2.4.1 Increasing Demand for Synthetic and Bio-Based Waxes
5.3 Porter’s Five Forces Analysis
5.3.1 Bargaining Power of Suppliers
5.3.2 Threat of New Entrants
5.3.3 Threat of Substitutes
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Macroeconomic Indicators
5.4.1 Trends and Forecast of Per Capita GDP
5.4.2 Trends of Oil Production and Consumption

6 Specialties of Lube Oil Refinery Market, By Type
6.1 Introduction
6.2 Fully Refined Wax
6.2.1 Demand From Cosmetics, Food Packaging, and Pharmaceutical Applications to Drive the Fully Refined Wax Market
6.3 Rubber Process Oil
6.3.1 Growing Demand for Efficient and Better Quality Tyres is Driving the Rubber Process Oil Market
6.4 White Oil
6.4.1 Growth in Cosmetics and Skin Care Markets to Increase the Demand for White Oil
6.5 Slack Wax
6.5.1 Rising Demand From Various Industrial Applications to Drive the Slack Wax Market
6.6 Semi Refined Wax
6.6.1 Semi Refined Wax has High Demand in Candle Manufacturing
6.7 Petrolatum
6.7.1 Excellent Moistening Property of Petrolatum to Drive Its Use in Skin Care Products
6.8 Microcrystalline Wax
6.8.1 Personal Care Applications of Microcrystalline Wax to Drive Its Demand
6.9 Others

7 Specialties of Lube Oil Refinery Market, By Region
7.1 Introduction
7.2 APAC
7.2.1 High Demand From Tyre Manufacturing Industry in APAC is Driving the Rubber Process Oil Market
7.3 North America
7.3.1 Pharmaceutical Industry to Drive the Market in North America
7.4 Europe
7.4.1 Stringent Regulations in Europe to Hamper the Market Growth
7.5 South America
7.5.1 Personal Care Applications to Drive the Market in South America
7.6 Middle East & Africa
7.6.1 Cosmetics Applications to Drive the Market in the Middle East & Africa

8 Competitive Landscape
8.1 Introduction
8.2 Market Ranking
8.3 Competitive Scenario
8.3.1 Expansion
8.3.2 Merger & Acquisition
8.3.3 Divestment
8.3.4 Agreement
8.3.5 Joint Venture
8.3.6 New Product Development

9 Company Profiles
9.1 Exxon Mobil Corporation
9.2 Sinopec Corporation
9.3 Royal Dutch Shell Plc
9.4 Eni S.P.A.
9.5 Sasol Ltd.
9.6 Total SA
9.7 Petrochina Company Limited
9.8 Chevron Corporation
9.9 Repsol SA
9.10 LUKOIL
9.11 Additional Company Profiles
9.11.1 Petroliam Nasional Berhad (Petronas)
9.11.2 Grupa Lotos SA
9.11.3 Nippon Seiro Co., Ltd.
9.11.4 Hollyfrontier Corporation
9.11.5 Nynas AB
9.11.6 Petrobras SA
9.11.7 The International Group, Inc.
9.11.8 Indian Oil Corporation Limited
9.11.9 Honeywell International, Inc.
9.11.10 Cepsa SA
9.11.11 Dongnam Petroleum Co., Ltd.
9.11.12 Moresco Corporation
9.11.13 Apar Industries Ltd.
9.11.14 Gandhar Oil Refinery (India) Limited
9.11.15 Paraffinwaxco, Inc.
9.11.16 H&R Group

10 Appendix
10.1 Discussion Guide
10.2 Knowledge Store: Subscription Portal
10.3 Available Customizations
10.4 Related Reports
10.5 Author Details

List of Tables
Table 1 Trends and Forecast of Per Capita GDP, By Key Countries, 2016-2022 (USD)
Table 2 Oil Production, By Key Countries, 2017 (Thousand Barrels Daily)
Table 3 Oil Consumption, By Key Countries, 2017 (Thousand Barrels Daily)
Table 4 Specialties of Lube Oil Refinery Market Size, By Type, 2016-2023 (USD Million)
Table 5 Specialties of Lube Oil Refinery Market Size, By Type, 2016-2023 (Kiloton)
Table 6 Fully Refined Wax Market Size, By Region, 2016-2023 (USD Million)
Table 7 Fully Refined Wax Market Size, By Region, 2016-2023 (Kiloton)
Table 8 Rubber Process Oil Market Size, By Region, 2016-2023 (USD Million)
Table 9 Rubber Process Oil Market Size, By Region, 2016-2023 (Kiloton)
Table 10 White Oil Market Size, By Region, 2016-2023 (USD Million)
Table 11 White Oil Market Size, By Region, 2016-2023 (Kiloton)
Table 12 Slack Wax Market Size, By Region, 2016-2023 (USD Million)
Table 13 Slack Wax Market Size, By Region, 2016-2023 (Kiloton)
Table 14 Semi Refined Wax Market Size, By Region, 2016-2023 (USD Million)
Table 15 Semi Refined Wax Market Size, By Region, 2016-2023 (Kiloton)
Table 16 Petrolatum Market Size, By Region, 2016-2023 (USD Million)
Table 17 Petrolatum Market Size, By Region, 2016-2023 (Kiloton)
Table 18 Microcrystalline Wax Market Size, By Region, 2016-2023 (USD Million)
Table 19 Microcrystalline Wax Market Size, By Region, 2016-2023 (Kiloton)
Table 20 Others Market Size, By Region, 2016-2023 (USD Million)
Table 21 Others Market Size, By Region, 2016-2023 (Kiloton)
Table 22 Specialties of Lube Oil Refinery Market Size, By Region, 2016-2023 (USD Million)
Table 23 Specialties of Lube Oil Refinery Market Size, By Region, 2016-2023 (Kiloton)
Table 24 APAC: Specialties of Lube Oil Refinery Market Size, By Type, 2016-2023 (USD Million)
Table 25 APAC: Specialties of Lube Oil Refinery Market Size, By Type, 2016-2023 (Kiloton)
Table 26 North America: Specialties of Lube Oil Refinery Market Size, By Type, 2016-2023 (USD Million)
Table 27 North America: Specialties of Lube Oil Refinery Market Size, By Type, 2016-2023 (Kiloton)
Table 28 Europe: Specialties of Lube Oil Refinery Market Size, By Type, 2016-2023 (USD Million)
Table 29 Europe: Specialties of Lube Oil Refinery Market Size, By Type, 2016-2023 (Kiloton)
Table 30 South America: Specialties of Lube Oil Refinery Market Size, By Type, 2016-2023 (USD Million)
Table 31 South America: Specialties of Lube Oil Refinery Market Size, By Type, 2016-2023 (Kiloton)
Table 32 Middle East & Africa: Specialties of Lube Oil Refinery Market Size, By Type, 2016-2023 (USD Million)
Table 33 Middle East & Africa: Specialties of Lube Oil Refinery Market Size, By Type, 2016-2023 (Kiloton)
Table 34 Expansion, 2013-2018
Table 35 Merger & Acquisition, 2013-2018
Table 36 Divestment, 2013-2018
Table 37 Agreement, 2013-2018
Table 38 Joint Venture, 2013-2018
Table 39 New Product Development, 2013-2018

List of Figures
Figure 1 Specialties of Lube Oil Refinery: Market Segmentation
Figure 2 Specialties of Lube Oil Refinery Market: Research Design
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Specialties of Lube Oil Refinery Market: Data Triangulation
Figure 6 Fully Refined Wax Segment to Lead the Specialties of Lube Oil Refinery Market
Figure 7 APAC to Register the Highest Cagr in the Market
Figure 8 Specialties of Lube Oil Refinery Market to Witness Sluggish Growth
Figure 9 Fully Refined Wax Segment Accounted for the Largest Market Share in 2017
Figure 10 APAC to Be the Largest and the Fastest-Growing Market
Figure 11 Overview of Factors Governing the Specialties of Lube Oil Refinery Market
Figure 12 Specialties of Lube Oil Refinery Market: Porter’s Five Forces Analysis
Figure 13 Trends of Oil Production, 2017
Figure 14 Trends of Oil Consumption, 2017
Figure 15 Fully Refined to Be the Largest Type of Specialties of Lube Oil Refinery Market
Figure 16 APAC to Be the Largest Fully Refined Wax Market
Figure 17 APAC to Witness Moderate Growth in the Specialties of Lube Oil Refinery Market
Figure 18 North America is the Second-Largest Specialties of Lube Oil Refinery Market
Figure 19 Europe to Witness A Sluggish Growth in the Specialties of Lube Oil Refinery Market
Figure 20 South America to Witness Moderate Growth in Specialties of Lube Oil Refinery Market
Figure 21 Middle East & Africa to Provide Huge Opportunities to Manufacturing Sector
Figure 22 Expansion and Merger & Acquisition Were the Most Preferred Strategies Adopted By Key Companies Between 2013 and 2018
Figure 23 Ranking of Key Specialties of Lube Oil Refinery Manufacturers, 2017
Figure 24 Exxon Mobil Corporation: Company Snapshot
Figure 25 Exxon Mobil Corporation: SWOT Analysis
Figure 26 Sinopec Corporation: Company Snapshot
Figure 27 Sinopec Corporation: SWOT Analysis
Figure 28 Royal Dutch Shell Plc: Company Snapshot
Figure 29 Royal Dutch Shell Plc: SWOT Analysis
Figure 30 Eni S.P.A.: Company Snapshot
Figure 31 Eni S.P.A.: SWOT Analysis
Figure 32 Sasol Ltd.: Company Snapshot
Figure 33 Sasol Ltd.: SWOT Analysis
Figure 34 Total SA: Company Snapshot
Figure 35 Total SA: SWOT Analysis
Figure 36 Petrochina Company Limited: Company Snapshot
Figure 37 Petrochina Company Limited: SWOT Analysis
Figure 38 Chevron Corporation: Company Snapshot
Figure 39 Repsol SA: Company Snapshot
Figure 40 LUKOIL: Company Snapshot

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  • Apar Industries Ltd.
  • Cepsa SA
  • Chevron Corporation
  • Dongnam Petroleum Co., Ltd.
  • Eni S.P.A.
  • Exxon Mobil Corporation
  • Gandhar Oil Refinery (India) Limited
  • Grupa Lotos SA
  • H&R Group
  • Hollyfrontier Corporation
  • Honeywell International, Inc.
  • Indian Oil Corporation Limited
  • LUKOIL
  • Moresco Corporation
  • Nippon Seiro Co., Ltd.
  • Nynas AB
  • Paraffinwaxco, Inc.
  • Petrobras SA
  • Petrochina Company Limited
  • Petroliam Nasional Berhad (Petronas)
  • Repsol SA
  • Royal Dutch Shell Plc
  • Sasol Ltd.
  • Sinopec Corporation
  • The International Group, Inc.
  • Total SA
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