FEATURED COMPANIES
- Apar Industries Ltd.
- Gp Petroleums
- Lanxess Process Oil
- Panama Petrochem Ltd.
- Repsol S.A.
- Sasol
MARKET OUTLOOK
This research has estimated the growth of the process oil market in the Middle East and Africa at a CAGR of 4.40% in terms of revenue and a CAGR of 4.32% in terms of demand for the forecasted period 2019-2027.Saudi Arabia, Turkey, the United Arab Emirates, South Africa, and Rest of Middle East and Africa constitute the market for process oil in the Middle East and Africa region.
The rising preference by consumers for the original equipment manufacturer (OEM) channels are expected to drive the market sales in the region. Additionally, the stringent government regulations considering the usage of pre-used tires in vehicles and the import standards are also contributing to the growth of synthetic rubber production for the tire manufacturing process. This is predicted to create lucrative opportunities for the growth of the process oil market.
There is a significant growth in the UAE’s petroleum exports as per the UAE Central Bank’s statistics. The country also has a well-built infrastructure and an interior pipeline network that connects oil fields with processing plants and export terminals. For instance, the Abu Dhabi Crude Oil Pipeline offers the country a direct link from the large fields of its western desert to the Gulf of Oman as a channel to the markets across the world. This has been fueling the process oil market in the United Arab Emirates.
COMPETITIVE OUTLOOK
Petrobras, Repsol S.A., Sasol Limited, Iranol Company, Jx Nippon Oil & Gas Exploration, Nynas AB, Sunoco LP, LUKOIL, Orgkhim Biochemical Holding, Panama Petrochem Ltd., Petronas Lubricants International (PLI) and Rosneft are the companies that have a strong foothold in the process oil market.FEATURED COMPANIES
- Apar Industries Ltd.
- Gp Petroleums
- Lanxess Process Oil
- Panama Petrochem Ltd.
- Repsol S.A.
- Sasol
1. Middle East and Africa Process Oil Market – Summary
2. Industry Outlook
3. Process Oil Market Outlook – By Type
4. Process Oil Market Outlook – By Application
5. Process Oil Market – Regional Outlook
6. Company Profiles
7. Research Methodology & Scope
List of Tables
List of Figures
A selection of companies mentioned in this report includes:
- Chevron Corporation
- Gazprom
- Gp Petroleums
- Apar Industries Ltd.
- Lanxess Process Oil
- Royal Dutch Shell Plc
- Hindustan Petroleum Corporation Ltd.
- Hollyfrontier Refining & Marketing Inc.
- Calumet Specialty Products Partners, L.P.
- Ergon North & South America
- Total S.A.
- Petrochina Company Ltd.
- Idemitsu Kosan Co., Ltd.
- Exxon Mobil Chemical Company
- Petrobras
- Repsol S.A.
- Sasol
- Iranol Company
- Jx Nippon Oil & Gas Exploration
- Nynas Ab
- Sunoco Lp
- Lukoil
- Orgkhim Biochemical Holding
- Panama Petrochem Ltd.
- Petronas Lubricants International
- Rosneft
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