MarkWide Research

Sale!

Rubber Processing Oil Market Size 2022-2030

$2,950.00

Rubber Processing Oil Market Size 

Rubber Processing Oil Market is expected to expand from USD 1.85 billion last year to USD 2.33 billion in 2023, with an annual rate of 4.1 percent

The goals for this research are

  • To identify, describe and estimate the size of this market in terms of volume and value according to the type and location.
  • To estimate the size of the rubber processing oil market by value for five regions of particular importance that include Asia Pacific, North America, Europe, the Middle East, and Africa, as well as South America, along with their major countries.
  • To analyze micro markets concerning their individual developments, growth patterns, and contribution to the market.
  • To study the opportunities available in the rubber process oil market for all stakeholders and provide a competitive overview of the market.
  • To identify essential players in the market for rubber process oils and analyze them in-depth to determine their primary capabilities.
  • To examine changes in the market, such as expansions, launches of new products, and the agreements signed by significant players in this market.

The years of study that are included in the study are:

  • Base Year2021
  • Estimated Year2022
  • Projected Year2028
  • Forecast Period2022 to 2028
  • For the company profiles in the report, 2021 has been considered the base year. In some instances, wherein information is unavailable for the base year, the years before it has been considered.

Research Methodology

The method used by researchers to determine and forecast the market size for rubber process oil starts by capturing information from the revenue of major suppliers. The data was gathered from numerous secondary sources like Hoovers, Bloomberg, and Factiva, as well as private and government-owned websites.

The suppliers’ products were considered when determining the market segments for rubber process oil. After selecting the market’s size overall, the market has been divided into various segments and subsegments that were later confirmed by primary research conducting lengthy interviews with key executives, including chief executives, directors, vice presidents, vice presidents, and senior executives from the top firms operating in the market for rubber process oil.

Market breakdown and data triangulation techniques have been utilized to complete the overall engineering process and determine the exact figures for every segment and subsegment of the market for rubber process oil. The breakdown of profiles from primary interviews is shown in the following figure.

Key Players

According to MWR,The market for rubber processing oil includes a wide array of upstream players. This includes raw material suppliers as well as downstream stakeholders, suppliers of rubber process oil customers, and government agencies. Royal Dutch Shell plc (Netherlands), Chevron Corporation (U.S.), Petronas Lubricants Belgium NV (Belgium), Nynas AB (Sweden), ORGKHIM Biochemical Holding (Russia), Repsol S.A. (Spain), as well as Hindustan Petroleum Corporation Limited (India) are among the most prominent players in the market for rubber processing oil.

rubber processing oil

Get more information on this report : Download Free Sample Pages

Target Audience of Rubber Processing Oil Market

  • Rubber processing oil producers
  • Distributors, traders, and manufacturers of processing oil for rubber
  • Research and government agencies
  • Industrial bodies and associations
  • R&D institutions
  • Environment support agencies
  • Industries that end-use rubber processing oil
  • Private equity and investment banks companies

“This study provides answers to a number of questions that the stakeholders have and their stakeholders, including the key market segments they should concentrate on over between two and five years so that they can focus their investments and efforts according to their needs.”

Access online to the Report on World’s First Market Intelligence Cloud

  • It is easy to download historical data and Forecast numbers
  • Company Analysis Dashboard to identify opportunities with high potential for growth
  • Access to Research Analyst for customizing and questions
  • Competitor Analysis using Interactive Dashboard
  • Latest News, Updates, and Trend analysis

By Type

  • Naphthenic
  • TODAY
  • Paraffinic
  • ME
  • DAE
  • RAE & TRAE

By Region

  • Asia Pacific
  • North America
  • Europe
  • Middle East & Africa
  • South America

The following options for customization are available in the report.

MWR Reports can be customized to meet the requirements of the companies with the provided market data. The various customization options offered for the report:

  • A further breakdown Rest of Asia Pacific, the Rest of Europe, and the Rest of the Middle East & Africa in kilograms
  • Comprehensive analysis and profiles of market players (up to 5)

The market for rubber processing oils is predicted to increase from USD 1.91 billion at the end of 2018 to 2.33 billion before 2023, an increase of 4.1 percent between 2018 and 2023. The rise of the market for rubber processing oil is due to the increasing use of rubber process oils for the production of tires. The increase in the number of cars worldwide has led to the growing need for tires, contributing to the expansion of the market for rubber process oils.

The process oil for rubber is divided into Naphthenic, TDAE Paraffinic, MES, DAE, RAE, and TRAE. It is believed that the TDAE segment is predicted to increase at the highest CAGR, in terms of value, between 2018 and 2023. The development and implementation of rules prohibiting DAE use in the European region have increased the use of TDAE across the region.

The Asia Pacific is the leading rubber process oil market, then North America and European regions. The expansion of the Asia Pacific rubber process oil market could be due to an increasing number of vehicles sold in the area, which is expected to increase the demand for processing oils for rubber in the tire and rubber markets within the regional market. Leading players have adopted methods of expansions and product launches, and agreements to satisfy the increasing demand for process oils made from rubber.

The formulation and issuance of several regulatory guidelines by different governing bodies across the globe to encourage the manufacturing of environmentally-friendly products are expected to hamper the growth of the rubber process oil market globally. Regarding volume in terms of value, this Asia Pacific region is estimated to have the highest part of the global market for rubber process oils in the year 2018.

The increase in the Asia Pacific rubber process oil market is attributed to the increasing number of cars sold in the region, which is expected to increase the demand for oil processing for rubber within the rubber and tire markets in the area. It is believed that the US and China are the most significant users of rubber process oils worldwide. Many tire manufacturing companies choose local suppliers of rubber process oils to assure a continuous and reliable supply.

Royal Dutch Shell plc (Netherlands), Chevron Corporation (U.S.), Petronas Lubricants Belgium NV (Belgium), Nynas AB (Sweden), ORGKHIM Biochemical Holding (Russia), Repsol S.A. (Spain), as well as Hindustan Petroleum Corporation Limited (India) are among the most prominent players in the market for rubber process oil. They have adopted various strategies, including expansions and new product launches and agreements, to accommodate the increasing demand for process oil made from rubber and expand their market share.

Check out MWR Google reviews and ratings

Table Of Content

1 Introduction (Page No. – 14)
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 Stakeholders
1.6 Limitations

2 Research Methodology (Page No. – 17)
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 (Page No. – 25)

4 Premium Insights (Page No. – 28)
4.1 Attractive Opportunities in Rubber Process Oil Market
4.2 Rubber Process Oil Market, By Type
4.3 Rubber Process Oil Market, By Region

5 Market Overview (Page No. – 31)
5.1 Introduction
5.2 Regulations
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Growing Tire Manufacturing Industry Across the Globe
5.3.1.2 Increasing Demand and Consumption of Rubber Process Oils in the Asia Pacific Region
5.3.1.3 Growing Use of Solution Styrene-Butadiene Rubber (S-SBR) in Tires of Automobiles
5.3.1.4 Growing Demand for Low-Viscosity Oils for Use in Vehicles
5.3.2 Restraints
5.3.2.1 Implementation on the European Union Directive Banning the Use Polycyclic Aromatic Hydrocarbons in the Tire Manufacturing
5.3.2.2 Increased Use of Soybean Oil as an Alternative for Rubber Process Oil in Tire Manufacturing
5.3.3 Opportunities
5.3.3.1 Increasing Demand for Green Rubber Process Oils Across the Globe
5.3.4 Challenges
5.3.4.1 Fluctuating Prices of Crude Oil
5.4 Porter’s Five Forces Analysis
5.4.1 Bargaining Power of Suppliers
5.4.2 Bargaining Power of Buyers
5.4.3 Threat of Substitutes
5.4.4 Threat of New Entrants
5.4.5 Intensity of Competitive Rivalry

6 Rubber Process Oil Market, By Type (Page No. – 40)
6.1 Introduction
6.2 Treated Distillate Aromatic Extracted (TDAE)
6.3 Distillate Aromatic Extract
6.4 Mild Extracted Solvate
6.5 Residual Aromatic Extract (RAE) and Treated Residual Aromatic Extract (TRAE)
6.6 Paraffinic
6.7 Naphthenic

7 Rubber Process Oil Market, By Region (Page No. – 53)
7.1 Introduction
7.2 Asia Pacific
7.2.1 China
7.2.2 India
7.2.3 Japan
7.2.4 South Korea
7.2.5 Indonesia
7.2.6 Thailand
7.2.7 Rest of Asia Pacific
7.3 North America
7.3.1 US
7.3.2 Canada
7.3.3 Mexico
7.4 Europe
7.4.1 Russia
7.4.2 Germany
7.4.3 UK
7.4.4 France
7.4.5 Spain
7.4.6 Italy
7.4.7 Rest of Europe
7.5 Middle East & Africa
7.5.1 Saudi Arabia
7.5.2 UAE
7.5.3 Iran
7.5.4 Rest of Middle East & Africa
7.6 South America
7.6.1 Brazil
7.6.2 Argentina
7.6.3 Colombia
7.6.4 Rest of South America

8 Competitive Landscape (Page No. – 97)
8.1 Overview
8.2 Market Ranking of Key Players
8.3 Competitive Scenario
8.3.1 Expansions
8.3.2 New Product Launches
8.3.3 Acquisitions
8.3.4 Agreements

9 Company Profiles (Page No. – 102)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
9.1 Nynas AB
9.2 Apar Industries Limited
9.3 Panama Petrochem Ltd.
9.4 Hollyfrontier Refining & Marketing LLC
9.5 Behran Oil Company
9.6 Gandhar Oil Refinery (India) Limited
9.7 Hindustan Petroleum Corporation Limited (HPCL)
9.8 Total S.A.
9.9 Indian Oil Corporation Limited
9.10 Unipetrol Group
9.11 Idemitsu Kosan Co., Ltd.
9.12 Repsol S.A.
9.13 Orgkhim Biochemical Holding
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
9.14 Other Key Players
9.14.1 CPC Corporation
9.14.2 Shell Global
9.14.3 Eagle Petrochem
9.14.4 Lodha Petro
9.14.5 WBF Pte Ltd.
9.14.6 Southwestern Petroleum Corporation
9.14.7 Cross Oil Refining & Marketing, Inc.
9.14.8 Kite International
9.14.9 Iranol
9.14.10 Vintrol Lubes Pvt. Ltd.
9.14.11 Petro Gulf Fzc
9.14.12 Witmans Industries Pvt. Ltd.
9.14.13 Sterlite Lubricants Pvt. Ltd.
9.14.14 Gulf Petroleum Ltd.
9.14.15 Wellbank Global Pte Ltd.
9.14.16 Ergon North & South America

10 Appendix (Page No. – 140)
10.1 Discussion Guide
10.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
10.3 Available Customizations
10.4 Related Reports
10.5 Author Details

List of Tables (93 Tables)

Table 1 Rubber Process Oil Market Snapshot
Table 2 Car and Commercial Vehicles Production, By Country, 2017
Table 3 Comparison of Different Types of Rubber Process Oils
Table 4 Rubber Process Oil Market, By Type, 2016–2023 (USD Million)
Table 5 Rubber Process Oil Market, By Type, 2016–2023 (Kilotons)
Table 6 TDAE Rubber Process Oil Market, By Region, 2016–2023 (USD Million)
Table 7 TDAE Rubber Process Oil Market, By Region, 2016–2023 (Kilotons)
Table 8 DAE Rubber Process Oil Market, By Region, 2016–2023 (USD Million)
Table 9 DAE Rubber Process Oil Market, By Region, 2016–2023 (Kilotons)
Table 10 MES Rubber Process Oil Market, By Region, 2016–2023 (USD Million)
Table 11 MES Rubber Process Oil Market, By Region, 2016–2023 (Kilotons)
Table 12 RAE & TRAE Rubber Process Oil Market, By Region, 2016–2023 (USD Million)
Table 13 RAE & TRAE Rubber Process Oil Market, By Region, 2016–2023 (Kilotons)
Table 14 Paraffinic Rubber Process Oil Market, By Region, 2016–2023 (USD Million)
Table 15 Paraffinic Rubber Process Oil Market, By Region, 2016–2023 (Kilotons)
Table 16 Naphthenic Rubber Process Oil Market, By Region, 2016–2023 (USD Million)
Table 17 Naphthenic Rubber Process Oil Market, By Region, 2016–2023 (Kilotons)
Table 18 Rubber Process Oil Market, By Region, 2016-2023 (USD Million)
Table 19 Rubber Process Oil Market, By Region, 2016-2023 (Kiloton)
Table 20 Asia Pacific By Market, By Type, 2016–2023 (USD Million)
Table 21 Asia Pacific By l Market, By Type, 2016–2023 (Kilotons)
Table 22 Asia Pacific By Market, By Country, 2016–2023 (USD Million)
Table 23 Asia Pacific By Market, By Country, 2016–2023 (Kilotons)
Table 24 China By Market, By Type, 2016–2023 (USD Million)
Table 25 China By Market, By Type, 2016–2023 (Kilotons)
Table 26 India By Market, By Type, 2016–2023 (USD Million)
Table 27 India By Market, By Type, 2016–2023 (Kilotons)
Table 28 Japan By Market, By Type, 2016–2023 (USD Million)
Table 29 Japan By Market, By Type, 2016–2023 (Kilotons)
Table 30 South Korea By Market, By Type, 2016–2023 (USD Million)
Table 31 South Korea By Market, By Type, 2016–2023 (Kilotons)
Table 32 Indonesia By Market, By Type, 2016–2023 (USD Million)
Table 33 Indonesia By Market, By Type, 2016–2023 (Kilotons)
Table 34 Thailand By Market, By Type, 2016–2023 (USD Million)
Table 35 Thailand By Market, By Type, 2016–2023 (Kilotons)
Table 36 Rest of Asia Pacific By Market, By Type, 2016–2023 (USD Million)
Table 37 Rest of Asia Pacific By Market, By Type, 2016–2023 (Kilotons)
Table 38 North America By Market, By Type, 2016–2023 (USD Million)
Table 39 North America By Market, By Type, 2016–2023 (Kilotons)
Table 40 North America By Market, By Country, 2016–2023 (USD Million)
Table 41 North America By Market, By Country, 2016–2023 (Kilotons)
Table 42 US By Market, By Type, 2016–2023 (USD Million)
Table 43 US By Market, By Type, 2016–2023 (Kilotons)
Table 44 Canada By Market, By Type, 2016–2023 (USD Million)
Table 45 Canada By Market, By Type, 2016–2023 (Kilotons)
Table 46 Mexico By Market, By Type, 2016–2023 (USD Million)
Table 47 Mexico By Market, By Type, 2016–2023 (Kilotons)
Table 48 Europe By Market, By Type, 2016–2023 (USD Million)
Table 49 Europe By Market, By Type, 2016–2023 (Kilotons)
Table 50 Europe By Market, By Country, 2016–2023 (USD Million)
Table 51 Europe By Market, By Country, 2016–2023 (Kilotons)
Table 52 Russia By Market, By Type, 2016–2023 (USD Million)
Table 53 Russia By Market, By Type, 2016–2023 (Kilotons)
Table 54 Germany By Market, By Type, 2016–2023 (USD Million)
Table 55 Germany By Market, By Type, 2016–2023 (Kilotons)
Table 56 UK By Market, By Type, 2016–2023 (USD Million)
Table 57 UK By Market, By Type, 2016–2023 (Kilotons)
Table 58 France By Market, By Type, 2016–2023 (USD Million)
Table 59 France By Market, By Type, 2016–2023 (Kilotons)
Table 60 Spain By Market, By Type, 2016–2023 (USD Million)
Table 61 Spain By Market, By Type, 2016–2023 (Kilotons)
Table 62 Italy By Market, By Type, 2016–2023 (USD Million)
Table 63 Italy By Market, By Type, 2016–2023 (Kilotons)
Table 64 Rest of Europe By Market, By Type, 2016–2023 (USD Million)
Table 65 Rest of Europe By Market, By Type, 2016–2023 (Kilotons)
Table 66 Middle East & Africa By Market, By Type, 2016–2023 (USD Million)
Table 67 Middle East & Africa By Market, By Type, 2016–2023 (Kilotons)
Table 68 Middle East & Africa By Market, By Country, 2016–2023 (USD Million)
Table 69 Middle East & Africa By Market, By Country, 2016–2023 (Kilotons)
Table 70 Saudi Arabia By Market, By Type, 2016–2023 (USD Million)
Table 71 Saudi Arabia By Market, By Type, 2016–2023 (Kilotons)
Table 72 UAE By Market, By Type, 2016–2023 (USD Million)
Table 73 UAE By Market, By Type, 2016–2023 (Kilotons)
Table 74 Iran By Market, By Type, 2016–2023 (USD Million)
Table 75 Iran By Market, By Type, 2016–2023 (Kilotons)
Table 76 Rest of Middle East & Africa By Market, By Type, 2016–2023 (USD Million)
Table 77 Rest of Middle East & Africa By  Market, By Type, 2016–2023 (Kilotons)
Table 78 South America By Market, By Type, 2016–2023 (USD Million)
Table 79 South America By Market, By Type, 2016–2023 (Kilotons)
Table 80 South America By Market, By Country, 2016–2023 (USD Million)
Table 81 South America By Market, By Country, 2016–2023 (Kilotons)
Table 82 Brazil By Market, By Type, 2016–2023 (USD Million)
Table 83 Brazil By Market, By Type, 2016–2023 (Kilotons)
Table 84 Argentina By Market, By Type, 2016–2023 (USD Million)
Table 85 Argentina By Market, By Type, 2016–2023 (Kilotons)
Table 86 Colombia By Market, By Type, 2016–2023 (USD Million)
Table 87 Colombia By Market, By Type, 2016–2023 (Kilotons)
Table 88 Rest of South America By Market, By Type, 2016–2023 (USD Million)
Table 89 Rest of South America By Market, By Type, 2016–2023 (Kilotons)
Table 90 Expansions, January 2015–July 2018
Table 91 New Product Launches, January 2015–July 2018
Table 92 Acquisitions, January 2015–July 2018
Table 93 Agreements, January 2015–July 2018

List of Figures (37 Figures)

Figure 1 Rubber Process Oil Market: Research Design
Figure 2 Bottom-Up Approach
Figure 3 Top-Down Approach
Figure 4 Rubber Process Oil Market: Data Triangulation
Figure 5 Based on Type, Naphthenic Segment Expected to Lead Rubber Process Oil Market Between 2018 and 2023
Figure 6 Asia Pacific Region Expected to Lead Rubber Process Oil Market in 2018
Figure 7 Increasing Demand From Global Tire Industry Offers Lucrative Growth Opportunities for Rubber Process Oil Market
Figure 8 Naphthenic Segment Expected to Lead Process Oil Market From 2018 to 2023
Figure 9 Asia Pacific Rubber Process Oil Market Expected to Grow at the Highest CAGR From 2018 to 2023
Figure 10 Rubber Process Oil Market Dynamics
Figure 11 Global Average Crude Oil Prices Per Barrel, 2010–2030
Figure 12 Rubber Process Oil Market: Porter’s Five Forces Analysis
Figure 13 Naphthenic Segment Expected to Lead Rubber Process Oil Market From 2018 to 2023
Figure 14 Asia Pacific TDAE Rubber Process Oil Market Projected to Grow at Highest CAGR From 2018 to 2023
Figure 15 Asia Pacific Region Projected to Lead the DAE Rubber Process Oil Market From 2018 to 2023
Figure 16 Asia Pacific Region Projected to Be the Largest Market for MES From 2018 to 2023
Figure 17 Asia Pacific RAE & TRAE Rubber Process Oil Market Projected to Grow at A Highest CAGR From 2018 to 2023
Figure 18 Asia Pacific Paraffinic Rubber Process Oil Market Projected to Grow at the Highest CAGR From 2018 to 2023
Figure 19 Asia Pacific Naphthenic Rubber Process Oil Market Projected to Grow at the Highest CAGR From 2018 to 2023
Figure 20 China Rubber Process Oil Market Projected to Grow at the Highest CAGR From 2018 to 2023
Figure 21 Asia Pacific is the Leading Market in Rubber Process Oil Market Projected to Grow at the Highest CAGR From 2018 to 2023
Figure 22 North America Rubber Process Oil Market
Figure 23 Europe Rubber Process Oil Market
Figure 24 Middle East & Africa Rubber Process Oil Market
Figure 25 South America Rubber Process Oil Market
Figure 26 Companies Adopted Organic Growth Strategies Between January 2015 and July 2018 to Strengthen Their Position in Rubber Process Oil Market
Figure 27 Nynas AB Expected to Lead Rubber Process Oil Market in 2018
Figure 28 Nynas AB: Company Snapshot
Figure 29 Apar Industries Limited: Company Snapshot
Figure 30 Panama Petrochem Ltd: Company Snapshot
Figure 31 Gandhar Oil Refinery (India) Limited: Company Snapshot
Figure 32 Hindustan Petroleum Corporation Limited: Company Snapshot
Figure 33 Total S.A.: Company Snapshot
Figure 34 Indian Oil Corporation Limited: Company Snapshot
Figure 35 Unipetrol Group: Company Snapshot
Figure 36 Idemitsu Kosan Co., Ltd.: Company Snapshot
Figure 37 Repsol S.A.: Company Snapshot

Key Audience

Target Audience of Rubber Processing Oil Market

  • Rubber processing oil producers
  • Distributors, traders, and manufacturers of processing oil for rubber
  • Research and government agencies
  • Industrial bodies and associations
  • R&D institutions
  • Environment support agencies
  • Industries that end-use rubber processing oil
  • Private equity and investment banks companies

Related products

444 Alaska Avenue

Suite #BAA205 Torrance, CA 90503 USA

+1 424 360 2221

24/7 Customer Support

Any Questions? Please Contact Us