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North America Process Oil Market 2019-2027

  • ID: 4896884
  • Report
  • January 2020
  • Region: North America
  • 128 pages
  • Triton Market Research

FEATURED COMPANIES

  • Apar Industries Ltd.
  • Gp Petroleums
  • Lanxess Process Oil
  • Panama Petrochem Ltd.
  • Repsol S.A.
  • Sasol
Market Outlook

This report states that the North America process oil market will flourish with a CAGR of 3.18% in terms of revenue and 3.58% in terms of volume for the forecast period 2019-2027.

The countries of the US and Canada together constitute the process oil market in the North American region.

The rising number of automobiles in North America has been contributing to the demand for rubber process oil as it is used to manufacture rubber bands used in tires. Rubber process oil functions as an internal lubricant, improves the processing of rubber & rubber compounds, and reduces the cost. The growing adoption of rubber process oil is, therefore, boosting the process oil market growth.

Canada is the fastest-growing country in the North American process oil market. The surging demand for low-viscosity oil and its rising adoption by original equipment manufacturers (OEMs) drives the process oil market in Canada. The increasing acceptance of low viscosity oil is due to its capability to maximize performance during the fast change of service in factories fulfills the necessity to use such lower viscosity grade products. This is expected to create a considerable demand for low viscous process oil.

The growing footwear sales in the United States is expected to increase the use of process oil in the country as it is one of the ingredients used to make the soles of the footwear. Along with that, process oil is also used for making beauty products, fragrances and toiletries. Hence, these factors are predicted to create lucrative opportunities for the growth of the process oil market.

Competitive Outlook

Calumet Specialty Products Partners, L.P., Ergon North & South America, Total S.A., PetroChina Company Limited, Idemitsu Kosan Co., Ltd., ExxonMobil Chemical Co., Petrobras, Repsol S.A., Sasol Limited, and Iranol Company are some of the prominent companies in the process oil market.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Apar Industries Ltd.
  • Gp Petroleums
  • Lanxess Process Oil
  • Panama Petrochem Ltd.
  • Repsol S.A.
  • Sasol
1. North America Process Oil Market – Summary

2. Industry Outlook
2.1. Market Definition
2.2. Porter’s Five Forces Model
2.2.1. Bargaining Power of Buyers
2.2.2. Bargaining Power of Suppliers
2.2.3. Threat of New Entrants
2.2.4. Threat of Substitutes
2.2.5. Threat of Rivalry
2.3. Regulatory Outlook
2.4. Market Trends
2.5. Market Share Outlook
2.6. Market Attractiveness Index
2.7. Key Insight
2.8. Market Drivers
2.8.1. Increasing Demand of Process Oil in the Textile Industry
2.8.2. Growing Personal Care Industry
2.8.3. Rising Vehicular Production and Growing Automotive Sector
2.9. Market Restraints
2.9.1. Restrictions in the Usage of Polycyclic Aromatic Hydrocarbon (Pah)
2.9.2. Emergence of Dry-Type Transformers
2.10. Market Opportunities
2.10.1. Opportunities Presented By Adhering to the Usage of Low Polyaromatic Hydrocarbon (Pah) Oils
2.10.2. Mounting Exploration Activity of Hydrocarbons in Non-Opec Regions
2.11. Market Challenges
2.11.1. Fluctuating Raw Material Prices
2.11.2. Changing Crude Oil Prices

3. Process Oil Market Outlook – By Type
3.1. Naphthenic Oil
3.2. Paraffin
3.3. Aromatic
3.4. Non-Carcinogenic

4. Process Oil Market Outlook – By Application
4.1. Tire & Rubber
4.2. Polymer
4.3. Personal Care
4.4. Textile
4.5. Other Applications

5. Process Oil Market – Regional Outlook
5.1. North America
5.1.1. Country Analysis
5.1.1.1. the United States
5.1.1.2. Canada

6. Company Profiles
6.1. Chevron Corporation
6.2. Gazprom
6.3. Gp Petroleums
6.4. Apar Industries Ltd.
6.5. Lanxess Process Oil
6.6. Royal Dutch Shell Plc
6.7. Hindustan Petroleum Corporation Ltd.
6.8. Hollyfrontier Refining & Marketing Inc.
6.9. Calumet Specialty Products Partners, L.P.
6.10. Ergon North & South America
6.11. Total S.A.
6.12. Petrochina Company Ltd.
6.13. Idemitsu Kosan Co., Ltd.
6.14. Exxon Mobil Chemical Company
6.15. Petrobras
6.16. Repsol S.A.
6.17. Sasol
6.18. Iranol Company
6.19. Jx Nippon Oil & Gas Exploration
6.20. Nynas Ab
6.21. Sunoco Lp
6.22. Lukoil
6.23. Orgkhim Biochemical Holding
6.24. Panama Petrochem Ltd.
6.25. Petronas Lubricants International
6.26. Rosneft

7. Research Methodology & Scope
7.1. Research Scope & Deliverables
7.1.1. Objectives of Study
7.1.2. Scope of Study
7.2. Sources of Data
7.2.1. Primary Data Sources
7.2.2. Secondary Data Sources
7.3. Research Methodology
7.3.1. Evaluation of Proposed Market
7.3.2. Identification of Data Sources
7.3.3. Assessment of Market Determinants
7.3.4. Data Collection
7.3.5. Data Validation & Analysis

List of Tables
Table 1 North America Process Oil Market, 2019-2027 ($ Million)
Table 2 North America Process Oil Market, 2019-2027 (Kilotons)
Table 3 Type of Process Oil
Table 4 Grouping as Per Refining Process
Table 5 Properties of Light Neutral Base Oils
Table 6 Characteristics of Temperature On Viscosity
Table 7 Regulation Code for Oil Components in Non-Food Articles
Table 8 Paraffinic Rubber Process Oil Technical Specification
Table 9 Naphthenic Rubber Process Oil Technical Specification
Table 10 Aromatic Rubber Process Oil Technical Specification
Table 11 Carcinogenic Classifications of Pah Compounds By Specific Agencies
Table 12 North America Process Oil Market, By Type, 2019-2027 ($ Millions)
Table 13 Comparison of Different Types of Rubber Process Oil
Table 14 North America Process Oil Market, By Type, 2019-2027 (Kilotons)
Table 15 North America Process Oil Market, By Application, 2019-2027 ($ Millions)
Table 16 Process Oil Products Used in Textile Industries
Table 17 Product Type for Hot Melt Adhesive Manufacturing Industry
Table 18 North America Process Oil Market, By Country, 2019-2027 ($ Millions)
Table 19 North America Process Oil Market, By Country, 2019-2027 (Kilotons)

List of Figures
Figure 1 North America Process Oil Market, 2019-2027 ($ Million)
Figure 2 North America Process Oil Market, 2019-2027 (Kilotons)
Figure 3 Process Oil Company Market Share Outlook 2018 (%)
Figure 4 Average Annual Us Oil Production in Thousands of Barrels Per Day
Figure 5 Average Crude Oil Spot Price 2015-2019 (In Usd/Bbl)
Figure 6 North America Process Oil Market, By Naphthenic Oil, 2019-2027 ($ Millions)
Figure 7 North America Process Oil Market, By Naphthenic Oil, 2019-2027 (Kilotons)
Figure 8 North America Process Oil Market, By Paraffin, 2019-2027 ($ Millions)
Figure 9 North America Process Oil Market, By Paraffin, 2019-2027 (Kilotons)
Figure 10 North America Process Oil Market, By Aromatic, 2019-2027 ($ Millions)
Figure 11 North America Process Oil Market, By Aromatic, 2019-2027 (Kilotons)
Figure 12 North America Process Oil Market, By Non-Carcinogenic, 2019-2027 ($ Millions)
Figure 13 North America Process Oil Market, By Non-Carcinogenic, 2019-2027 (Kilotons)
Figure 14 North America Process Oil Market, By Tire & Rubber, 2019-2027 ($ Millions)
Figure 15 North America Process Oil Market, By Polymer, 2019-2027 ($ Millions)
Figure 16 North America Process Oil Market, By Personal Care, 2019-2027 ($ Millions)
Figure 17 North America Process Oil Market, By Textile, 2019-2027 ($ Millions)
Figure 18 North America Process Oil Market, By Other Application, 2019-2027 ($ Millions)
Figure 19 the United States Process Oil Market, 2019-2027 ($ Millions)
Figure 20 the United States Process Oil Market, 2019-2027 (Kilotons)
Figure 21 Canada Process Oil Market, 2019-2027 ($ Millions)
Figure 22 Canada Process Oil Market, 2019-2027 (Kilotons)
Figure 23 Canada Vehicle Sales 2017-2018
Note: Product cover images may vary from those shown
  • 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
Note: Product cover images may vary from those shown

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