FEATURED COMPANIES
- Apar Industries Ltd.
- Gp Petroleums
- Lanxess Process Oil
- Panama Petrochem Ltd.
- Repsol S.A.
- Sasol
MARKET OUTLOOK
The process oil market in Europe has shown compelling growth in terms of revenue with a CAGR at 3.61% and 3.25% in terms of demand for the forecasted years 2019-2027.Russia, Italy, Germany, the UK, France, Spain, and the Rest of Europe together make the market for the process oil in the European region.
The Europe process oil market is mainly fueled by growing vehicular production, the personal care industry, and rising demand for process oil in the textile industry. The UK is expected to be the fastest-growing country in the process oil market during the forecasted period. The country’s market is primarily driven by motor vehicle production as the rubber process oil is used in the wide range of automobile products, such as rubber parts of cars, trucks, and motorcycles, to enhance the processing of rubber and rubber compounds. Hence, it contributes to the growth of the process oil market.
There is a huge demand for personal care and beauty products in Russia due to the surging aged women population in the country. Some major foreign manufacturers like L’Oreal, Oriflame, and Avon have set up their production plants in the country. Paraffinic process oil is one of the important ingredients that is used while making cosmetics products such as petroleum jelly, cold creams, and ointments. This oil is used for its odorless, colorless, and moisturization characteristics, which has resulted in creating a huge demand for process oil in the personal care industry.
COMPETITIVE OUTLOOK
The prime companies that are analyzed in the process oil market are Total S.A., PetroChina Company Limited, Idemitsu Kosan Co., Ltd., ExxonMobil Chemical Co., Petrobras, Repsol S.A., Sasol Limited, Iranol Company, JX Nippon Oil & Gas Exploration, Nynas AB, Sunoco LP, LUKOIL, and Orgkhim Biochemical Holding.FEATURED COMPANIES
- Apar Industries Ltd.
- Gp Petroleums
- Lanxess Process Oil
- Panama Petrochem Ltd.
- Repsol S.A.
- Sasol
1. Europe 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 Sa
- 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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