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Base Oil Market Research Report by Group Type (Group I, Group II, and Group III), Type, Application, State - United States Forecast to 2027 - Cumulative Impact of COVID-19

  • ID: 5336640
  • Report
  • April 2022
  • Region: United States
  • 107 Pages
  • 360iResearch™
UP TO OFF until Dec 31st 2022

FEATURED COMPANIES

  • Adnoc
  • Ergon Inc.
  • Hengli Petrochemical
  • Neste Oil
  • Royal Dutch Shell PLC
  • Sinopec
The United States Base Oil Market size was estimated at USD 5,395.86 million in 2021, USD 6,063.92 million in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 8.87% to reach USD 8,987.31 million by 2027.



Market Statistics:


The report provides market sizing and forecast across five major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

Market Segmentation & Coverage:


This research report categorizes the Base Oil to forecast the revenues and analyze the trends in each of the following sub-markets:
  • Based on Group Type, the market was studied across Group I, Group II, Group III, Group IV, and Group V.
  • Based on Type, the market was studied across Bio-based Oil, Mineral Oil, and Synthetic Oil.
  • Based on Application, the market was studied across Engine Oil, Gear Oils, General Industrial Oils, Greases, Metalworking Fluids, and Process Oils.
  • Based on State, the market was studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas.

Cumulative Impact of COVID-19:


COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:


The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:


The FPNV Positioning Matrix evaluates and categorizes the vendors in the Base Oil Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:


The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:


The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:


The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the United States Base Oil Market, including Adnoc, Avista Oil AG, Calumet Specialty Products Partners LP, Chevron Corporation, Cnooc, Ergon Inc., Exxon Mobil Corporation, Formosa, GS Caltex Corporation, H&R Ölwerke Schindler GmbH, Hengli Petrochemical, HPCL, Lotos Oil Sp. Z O.O., Luberef, Neste Oil, Nynas AB, Petrochina Company Limited, Petronas, Repsol, Royal Dutch Shell PLC, S-Oil Corporation, Saudi Aramco, Sepahan, Shandong Qingyuan, Sinopec, SK-Pertamina/ Pertamina, and Total S.A..

The report provides insights on the following pointers:


1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:


1. What is the market size and forecast of the United States Base Oil Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the United States Base Oil Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the United States Base Oil Market?
4. What is the competitive strategic window for opportunities in the United States Base Oil Market?
5. What are the technology trends and regulatory frameworks in the United States Base Oil Market?
6. What is the market share of the leading vendors in the United States Base Oil Market?
7. What modes and strategic moves are considered suitable for entering the United States Base Oil Market?
Frequently Asked Questions about the U.S. Base Oil Market

What is the estimated value of the U.S. Base Oil Market?

The U.S. Base Oil Market was estimated to be valued at $5395.9 Million in 2021.

What is the growth rate of the U.S. Base Oil Market?

The growth rate of the U.S. Base Oil Market is 8.8%, with an estimated value of $8987.3 Million by 2027.

What is the forecasted size of the U.S. Base Oil Market?

The U.S. Base Oil Market is estimated to be worth $8987.3 Million by 2027.

Who are the key companies in the U.S. Base Oil Market?

Key companies in the U.S. Base Oil Market include Adnoc, Avista Oil AG, Calumet Specialty Products Partners LP, Chevron Corporation, Cnooc, Ergon Inc., Exxon Mobil Corporation, Formosa and H&R Ölwerke Schindler GmbH.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Adnoc
  • Ergon Inc.
  • Hengli Petrochemical
  • Neste Oil
  • Royal Dutch Shell PLC
  • Sinopec

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.1.4. Challenges
5.2. Cumulative Impact of COVID-19
6. Base Oil Market, by Group Type
6.1. Introduction
6.2. Group I
6.3. Group II
6.4. Group III
6.5. Group IV
6.6. Group V
7. Base Oil Market, by Type
7.1. Introduction
7.2. Bio-based Oil
7.3. Mineral Oil
7.4. Synthetic Oil
8. Base Oil Market, by Application
8.1. Introduction
8.2. Engine Oil
8.3. Gear Oils
8.4. General Industrial Oils
8.5. Greases
8.6. Metalworking Fluids
8.7. Process Oils
9. California Base Oil Market10. Florida Base Oil Market11. Illinois Base Oil Market12. New York Base Oil Market13. Ohio Base Oil Market14. Pennsylvania Base Oil Market15. Texas Base Oil Market
16. Competitive Landscape
16.1. FPNV Positioning Matrix
16.1.1. Quadrants
16.1.2. Business Strategy
16.1.3. Product Satisfaction
16.2. Market Ranking Analysis
16.3. Market Share Analysis, By Key Player
16.4. Competitive Scenario
16.4.1. Merger & Acquisition
16.4.2. Agreement, Collaboration, & Partnership
16.4.3. New Product Launch & Enhancement
16.4.4. Investment & Funding
16.4.5. Award, Recognition, & Expansion
17. Company Usability Profiles
17.1. Adnoc
17.2. Avista Oil AG
17.3. Calumet Specialty Products Partners LP
17.4. Chevron Corporation
17.5. Cnooc
17.6. Ergon Inc.
17.7. Exxon Mobil Corporation
17.8. Formosa
17.9. GS Caltex Corporation
17.10. H&R Ölwerke Schindler GmbH
17.11. Hengli Petrochemical
17.12. HPCL
17.13. Lotos Oil Sp. Z O.O.
17.14. Luberef
17.15. Neste Oil
17.16. Nynas AB
17.17. Petrochina Company Limited
17.18. Petronas
17.19. Repsol
17.20. Royal Dutch Shell PLC
17.21. S-Oil Corporation
17.22. Saudi Aramco
17.23. Sepahan
17.24. Shandong Qingyuan
17.25. Sinopec
17.26. SK-Pertamina/ Pertamina
17.27. Total S.A.
18. Appendix
18.1. Discussion Guide
18.2. License & Pricing
List of Figures
FIGURE 1. UNITED STATES BASE OIL MARKET: DYNAMICS
FIGURE 2. UNITED STATES BASE OIL MARKET SIZE, BY GROUP TYPE, 2021 VS 2027 (%)
FIGURE 3. UNITED STATES BASE OIL MARKET SIZE, BY GROUP TYPE, 2021 VS 2027 (USD MILLION)
FIGURE 4. COMPETITIVE STRATEGIC WINDOW FOR UNITED STATES BASE OIL MARKET SIZE, BY GROUP TYPE, 2027
FIGURE 5. UNITED STATES BASE OIL MARKET SIZE, BY GROUP I, 2019-2027 (USD MILLION)
FIGURE 6. UNITED STATES BASE OIL MARKET SIZE, BY GROUP I, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 7. UNITED STATES BASE OIL MARKET SIZE, BY GROUP II, 2019-2027 (USD MILLION)
FIGURE 8. UNITED STATES BASE OIL MARKET SIZE, BY GROUP II, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 9. UNITED STATES BASE OIL MARKET SIZE, BY GROUP III, 2019-2027 (USD MILLION)
FIGURE 10. UNITED STATES BASE OIL MARKET SIZE, BY GROUP III, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 11. UNITED STATES BASE OIL MARKET SIZE, BY GROUP IV, 2019-2027 (USD MILLION)
FIGURE 12. UNITED STATES BASE OIL MARKET SIZE, BY GROUP IV, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 13. UNITED STATES BASE OIL MARKET SIZE, BY GROUP V, 2019-2027 (USD MILLION)
FIGURE 14. UNITED STATES BASE OIL MARKET SIZE, BY GROUP V, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 15. UNITED STATES BASE OIL MARKET SIZE, BY TYPE, 2021 VS 2027 (%)
FIGURE 16. UNITED STATES BASE OIL MARKET SIZE, BY TYPE, 2021 VS 2027 (USD MILLION)
FIGURE 17. COMPETITIVE STRATEGIC WINDOW FOR UNITED STATES BASE OIL MARKET SIZE, BY TYPE, 2027
FIGURE 18. UNITED STATES BASE OIL MARKET SIZE, BY BIO-BASED OIL, 2019-2027 (USD MILLION)
FIGURE 19. UNITED STATES BASE OIL MARKET SIZE, BY BIO-BASED OIL, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 20. UNITED STATES BASE OIL MARKET SIZE, BY MINERAL OIL, 2019-2027 (USD MILLION)
FIGURE 21. UNITED STATES BASE OIL MARKET SIZE, BY MINERAL OIL, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 22. UNITED STATES BASE OIL MARKET SIZE, BY SYNTHETIC OIL, 2019-2027 (USD MILLION)
FIGURE 23. UNITED STATES BASE OIL MARKET SIZE, BY SYNTHETIC OIL, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 24. UNITED STATES BASE OIL MARKET SIZE, BY APPLICATION, 2021 VS 2027 (%)
FIGURE 25. UNITED STATES BASE OIL MARKET SIZE, BY APPLICATION, 2021 VS 2027 (USD MILLION)
FIGURE 26. COMPETITIVE STRATEGIC WINDOW FOR UNITED STATES BASE OIL MARKET SIZE, BY APPLICATION, 2027
FIGURE 27. UNITED STATES BASE OIL MARKET SIZE, BY ENGINE OIL, 2019-2027 (USD MILLION)
FIGURE 28. UNITED STATES BASE OIL MARKET SIZE, BY ENGINE OIL, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 29. UNITED STATES BASE OIL MARKET SIZE, BY GEAR OILS, 2019-2027 (USD MILLION)
FIGURE 30. UNITED STATES BASE OIL MARKET SIZE, BY GEAR OILS, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 31. UNITED STATES BASE OIL MARKET SIZE, BY GENERAL INDUSTRIAL OILS, 2019-2027 (USD MILLION)
FIGURE 32. UNITED STATES BASE OIL MARKET SIZE, BY GENERAL INDUSTRIAL OILS, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 33. UNITED STATES BASE OIL MARKET SIZE, BY GREASES, 2019-2027 (USD MILLION)
FIGURE 34. UNITED STATES BASE OIL MARKET SIZE, BY GREASES, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 35. UNITED STATES BASE OIL MARKET SIZE, BY METALWORKING FLUIDS, 2019-2027 (USD MILLION)
FIGURE 36. UNITED STATES BASE OIL MARKET SIZE, BY METALWORKING FLUIDS, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 37. UNITED STATES BASE OIL MARKET SIZE, BY PROCESS OILS, 2019-2027 (USD MILLION)
FIGURE 38. UNITED STATES BASE OIL MARKET SIZE, BY PROCESS OILS, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 39. UNITED STATES BASE OIL MARKET: FPNV POSITIONING MATRIX
FIGURE 40. UNITED STATES BASE OIL MARKET: SHARE, BY KEY PLAYER, 2021
FIGURE 41. COMPETITIVE SCENARIO ANALYSIS IN UNITED STATES BASE OIL MARKET, BY TYPE
List of Tables
TABLE 1. UNITED STATES BASE OIL MARKET: MARKET SEGMENTATION & COVERAGE
TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2016–2020
TABLE 3. UNITED STATES BASE OIL MARKET SIZE, BY GROUP TYPE, 2019-2027 (USD MILLION)
TABLE 4. UNITED STATES BASE OIL MARKET SIZE, BY GROUP I, BY STATE, 2019-2027 (USD MILLION)
TABLE 5. UNITED STATES BASE OIL MARKET SIZE, BY GROUP II, BY STATE, 2019-2027 (USD MILLION)
TABLE 6. UNITED STATES BASE OIL MARKET SIZE, BY GROUP III, BY STATE, 2019-2027 (USD MILLION)
TABLE 7. UNITED STATES BASE OIL MARKET SIZE, BY GROUP IV, BY STATE, 2019-2027 (USD MILLION)
TABLE 8. UNITED STATES BASE OIL MARKET SIZE, BY GROUP V, BY STATE, 2019-2027 (USD MILLION)
TABLE 9. UNITED STATES BASE OIL MARKET SIZE, BY TYPE, 2019-2027 (USD MILLION)
TABLE 10. UNITED STATES BASE OIL MARKET SIZE, BY BIO-BASED OIL, BY STATE, 2019-2027 (USD MILLION)
TABLE 11. UNITED STATES BASE OIL MARKET SIZE, BY MINERAL OIL, BY STATE, 2019-2027 (USD MILLION)
TABLE 12. UNITED STATES BASE OIL MARKET SIZE, BY SYNTHETIC OIL, BY STATE, 2019-2027 (USD MILLION)
TABLE 13. UNITED STATES BASE OIL MARKET SIZE, BY APPLICATION, 2019-2027 (USD MILLION)
TABLE 14. UNITED STATES BASE OIL MARKET SIZE, BY ENGINE OIL, BY STATE, 2019-2027 (USD MILLION)
TABLE 15. UNITED STATES BASE OIL MARKET SIZE, BY GEAR OILS, BY STATE, 2019-2027 (USD MILLION)
TABLE 16. UNITED STATES BASE OIL MARKET SIZE, BY GENERAL INDUSTRIAL OILS, BY STATE, 2019-2027 (USD MILLION)
TABLE 17. UNITED STATES BASE OIL MARKET SIZE, BY GREASES, BY STATE, 2019-2027 (USD MILLION)
TABLE 18. UNITED STATES BASE OIL MARKET SIZE, BY METALWORKING FLUIDS, BY STATE, 2019-2027 (USD MILLION)
TABLE 19. UNITED STATES BASE OIL MARKET SIZE, BY PROCESS OILS, BY STATE, 2019-2027 (USD MILLION)
TABLE 20. UNITED STATES BASE OIL MARKET: SCORES
TABLE 21. UNITED STATES BASE OIL MARKET: BUSINESS STRATEGY
TABLE 22. UNITED STATES BASE OIL MARKET: PRODUCT SATISFACTION
TABLE 23. UNITED STATES BASE OIL MARKET: RANKING
TABLE 24. UNITED STATES BASE OIL MARKET: SHARE, BY KEY PLAYER, 2021
TABLE 25. UNITED STATES BASE OIL MARKET: MERGER & ACQUISITION
TABLE 26. UNITED STATES BASE OIL MARKET: AGREEMENT, COLLABORATION, & PARTNERSHIP
TABLE 27. UNITED STATES BASE OIL MARKET: NEW PRODUCT LAUNCH & ENHANCEMENT
TABLE 28. UNITED STATES BASE OIL MARKET: INVESTMENT & FUNDING
TABLE 29. UNITED STATES BASE OIL MARKET: AWARD, RECOGNITION, & EXPANSION
TABLE 30. UNITED STATES BASE OIL MARKET: LICENSE & PRICING
Note: Product cover images may vary from those shown
  • Adnoc
  • Avista Oil AG
  • Calumet Specialty Products Partners LP
  • Chevron Corporation
  • Cnooc
  • Ergon Inc.
  • Exxon Mobil Corporation
  • Formosa
  • GS Caltex Corporation
  • H&R Ölwerke Schindler GmbH
  • Hengli Petrochemical
  • HPCL
  • Lotos Oil Sp. Z O.O.
  • Luberef
  • Neste Oil
  • Nynas AB
  • Petrochina Company Limited
  • Petronas
  • Repsol
  • Royal Dutch Shell PLC
  • S-Oil Corporation
  • Saudi Aramco
  • Sepahan
  • Shandong Qingyuan
  • Sinopec
  • SK-Pertamina/ Pertamina
  • Total S.A.
Note: Product cover images may vary from those shown

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