The global Process Oil market size was valued at US$ 4892 million in 2024 and is forecast to a readjusted size of USD 6367 million by 2031 with a CAGR of 4.2% during review period.
Process Oils are oils derived from petroleum that can be used in various chemical and technical industries, as raw materials or to optimize tire manufacturing, technical rubbers and polymers. In addition, these oils can be used to make asphalt boards, inks, paints, cable products, and more. The Process Oil industry can be broken down into several segments, Naphthenic, Paraffinic, Aromatic.
The process oil market is undergoing significant development and change globally. As the market leader, Shell holds about 12% of the market share, far ahead of other competitors. Following closely behind is Nynas AB, showing strong competitiveness in this field. The Asia-Pacific region is currently the largest region in the process oil market, accounting for approximately 40% of the market share. The market leadership of this region is attributed to rapidly growing industrial demand and strong economic development. In contrast, although the North American market ranks second, its market share and growth potential are still significant in the global market. Overall, the market advantages of the Asia-Pacific region indicate the strong development trends and potential of the global process oil industry in this region.
In market segmentation, aromatic hydrocarbon type process oils account for the largest share, reaching about 50%. Aromatic hydrocarbon process oil has become a mainstream product on the market due to its excellent performance and wide range of applications, especially in the automotive, rubber and plastics industries. Aromatic hydrocarbons have excellent solubility and stability, allowing them to play a key role in several industrial applications. As technology advances and environmental regulations become increasingly stringent, the market demand for more environmentally friendly and efficient aromatic hydrocarbon process oils is also growing. This trend drives manufacturers to innovate to meet changing market demands and regulatory requirements.
In the downstream market, the personal care field is the largest consumer market, accounting for about 90% of the market share. Craft oils are used in a wide range of personal care products, including cosmetics, skin care products and shampoos. Demand for high-quality process oils in the personal care market continues to grow, primarily due to heightened consumer concerns about product performance and safety. In the future, with the improvement of living standards and the diversification of personal care needs, the application of process oils in this field will be further expanded.
This report is a detailed and comprehensive analysis for global Process Oil market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Process Oil market size and forecasts, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global Process Oil market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global Process Oil market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global Process Oil market shares of main players, shipments in revenue ($ Million), sales quantity (K Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Process Oil
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Process Oil market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Shell, Chevron Corporation, Nynas AB, APAR Industries, ExxonMobil, ORGKHIM Biochemical Holding, Behran Oil, Valvoline, Cepsa Lubricants, H&R KGaA, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
麻豆原创 Segmentation
Process Oil market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
麻豆原创 segment by Type
Aromatic
Naphthenic
Paraffinic
麻豆原创 segment by Application
Tire & Rubber
Polymer
Personal Care
Textile
Metalworking
Others
Major players covered
Shell
Chevron Corporation
Nynas AB
APAR Industries
ExxonMobil
ORGKHIM Biochemical Holding
Behran Oil
Valvoline
Cepsa Lubricants
H&R KGaA
Eni Oil Products
麻豆原创 segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Process Oil product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Process Oil, with price, sales quantity, revenue, and global market share of Process Oil from 2020 to 2025.
Chapter 3, the Process Oil competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Process Oil breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Process Oil market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Process Oil.
Chapter 14 and 15, to describe Process Oil sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 麻豆原创 Overview
1.1 Product Overview and Scope
1.2 麻豆原创 Estimation Caveats and Base Year
1.3 麻豆原创 Analysis by Type
1.3.1 Overview: Global Process Oil Consumption Value by Type: 2020 Versus 2024 Versus 2031
1.3.2 Aromatic
1.3.3 Naphthenic
1.3.4 Paraffinic
1.4 麻豆原创 Analysis by Application
1.4.1 Overview: Global Process Oil Consumption Value by Application: 2020 Versus 2024 Versus 2031
1.4.2 Tire & Rubber
1.4.3 Polymer
1.4.4 Personal Care
1.4.5 Textile
1.4.6 Metalworking
1.4.7 Others
1.5 Global Process Oil 麻豆原创 Size & Forecast
1.5.1 Global Process Oil Consumption Value (2020 & 2024 & 2031)
1.5.2 Global Process Oil Sales Quantity (2020-2031)
1.5.3 Global Process Oil Average Price (2020-2031)
2 Manufacturers Profiles
2.1 Shell
2.1.1 Shell Details
2.1.2 Shell Major Business
2.1.3 Shell Process Oil Product and Services
2.1.4 Shell Process Oil Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.1.5 Shell Recent Developments/Updates
2.2 Chevron Corporation
2.2.1 Chevron Corporation Details
2.2.2 Chevron Corporation Major Business
2.2.3 Chevron Corporation Process Oil Product and Services
2.2.4 Chevron Corporation Process Oil Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.2.5 Chevron Corporation Recent Developments/Updates
2.3 Nynas AB
2.3.1 Nynas AB Details
2.3.2 Nynas AB Major Business
2.3.3 Nynas AB Process Oil Product and Services
2.3.4 Nynas AB Process Oil Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.3.5 Nynas AB Recent Developments/Updates
2.4 APAR Industries
2.4.1 APAR Industries Details
2.4.2 APAR Industries Major Business
2.4.3 APAR Industries Process Oil Product and Services
2.4.4 APAR Industries Process Oil Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.4.5 APAR Industries Recent Developments/Updates
2.5 ExxonMobil
2.5.1 ExxonMobil Details
2.5.2 ExxonMobil Major Business
2.5.3 ExxonMobil Process Oil Product and Services
2.5.4 ExxonMobil Process Oil Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.5.5 ExxonMobil Recent Developments/Updates
2.6 ORGKHIM Biochemical Holding
2.6.1 ORGKHIM Biochemical Holding Details
2.6.2 ORGKHIM Biochemical Holding Major Business
2.6.3 ORGKHIM Biochemical Holding Process Oil Product and Services
2.6.4 ORGKHIM Biochemical Holding Process Oil Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.6.5 ORGKHIM Biochemical Holding Recent Developments/Updates
2.7 Behran Oil
2.7.1 Behran Oil Details
2.7.2 Behran Oil Major Business
2.7.3 Behran Oil Process Oil Product and Services
2.7.4 Behran Oil Process Oil Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.7.5 Behran Oil Recent Developments/Updates
2.8 Valvoline
2.8.1 Valvoline Details
2.8.2 Valvoline Major Business
2.8.3 Valvoline Process Oil Product and Services
2.8.4 Valvoline Process Oil Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.8.5 Valvoline Recent Developments/Updates
2.9 Cepsa Lubricants
2.9.1 Cepsa Lubricants Details
2.9.2 Cepsa Lubricants Major Business
2.9.3 Cepsa Lubricants Process Oil Product and Services
2.9.4 Cepsa Lubricants Process Oil Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.9.5 Cepsa Lubricants Recent Developments/Updates
2.10 H&R KGaA
2.10.1 H&R KGaA Details
2.10.2 H&R KGaA Major Business
2.10.3 H&R KGaA Process Oil Product and Services
2.10.4 H&R KGaA Process Oil Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.10.5 H&R KGaA Recent Developments/Updates
2.11 Eni Oil Products
2.11.1 Eni Oil Products Details
2.11.2 Eni Oil Products Major Business
2.11.3 Eni Oil Products Process Oil Product and Services
2.11.4 Eni Oil Products Process Oil Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.11.5 Eni Oil Products Recent Developments/Updates
3 Competitive Environment: Process Oil by Manufacturer
3.1 Global Process Oil Sales Quantity by Manufacturer (2020-2025)
3.2 Global Process Oil Revenue by Manufacturer (2020-2025)
3.3 Global Process Oil Average Price by Manufacturer (2020-2025)
3.4 麻豆原创 Share Analysis (2024)
3.4.1 Producer Shipments of Process Oil by Manufacturer Revenue ($MM) and 麻豆原创 Share (%): 2024
3.4.2 Top 3 Process Oil Manufacturer 麻豆原创 Share in 2024
3.4.3 Top 6 Process Oil Manufacturer 麻豆原创 Share in 2024
3.5 Process Oil 麻豆原创: Overall Company Footprint Analysis
3.5.1 Process Oil 麻豆原创: Region Footprint
3.5.2 Process Oil 麻豆原创: Company Product Type Footprint
3.5.3 Process Oil 麻豆原创: Company Product Application Footprint
3.6 New 麻豆原创 Entrants and Barriers to 麻豆原创 Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Process Oil 麻豆原创 Size by Region
4.1.1 Global Process Oil Sales Quantity by Region (2020-2031)
4.1.2 Global Process Oil Consumption Value by Region (2020-2031)
4.1.3 Global Process Oil Average Price by Region (2020-2031)
4.2 North America Process Oil Consumption Value (2020-2031)
4.3 Europe Process Oil Consumption Value (2020-2031)
4.4 Asia-Pacific Process Oil Consumption Value (2020-2031)
4.5 South America Process Oil Consumption Value (2020-2031)
4.6 Middle East & Africa Process Oil Consumption Value (2020-2031)
5 麻豆原创 Segment by Type
5.1 Global Process Oil Sales Quantity by Type (2020-2031)
5.2 Global Process Oil Consumption Value by Type (2020-2031)
5.3 Global Process Oil Average Price by Type (2020-2031)
6 麻豆原创 Segment by Application
6.1 Global Process Oil Sales Quantity by Application (2020-2031)
6.2 Global Process Oil Consumption Value by Application (2020-2031)
6.3 Global Process Oil Average Price by Application (2020-2031)
7 North America
7.1 North America Process Oil Sales Quantity by Type (2020-2031)
7.2 North America Process Oil Sales Quantity by Application (2020-2031)
7.3 North America Process Oil 麻豆原创 Size by Country
7.3.1 North America Process Oil Sales Quantity by Country (2020-2031)
7.3.2 North America Process Oil Consumption Value by Country (2020-2031)
7.3.3 United States 麻豆原创 Size and Forecast (2020-2031)
7.3.4 Canada 麻豆原创 Size and Forecast (2020-2031)
7.3.5 Mexico 麻豆原创 Size and Forecast (2020-2031)
8 Europe
8.1 Europe Process Oil Sales Quantity by Type (2020-2031)
8.2 Europe Process Oil Sales Quantity by Application (2020-2031)
8.3 Europe Process Oil 麻豆原创 Size by Country
8.3.1 Europe Process Oil Sales Quantity by Country (2020-2031)
8.3.2 Europe Process Oil Consumption Value by Country (2020-2031)
8.3.3 Germany 麻豆原创 Size and Forecast (2020-2031)
8.3.4 France 麻豆原创 Size and Forecast (2020-2031)
8.3.5 United Kingdom 麻豆原创 Size and Forecast (2020-2031)
8.3.6 Russia 麻豆原创 Size and Forecast (2020-2031)
8.3.7 Italy 麻豆原创 Size and Forecast (2020-2031)
9 Asia-Pacific
9.1 Asia-Pacific Process Oil Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Process Oil Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Process Oil 麻豆原创 Size by Region
9.3.1 Asia-Pacific Process Oil Sales Quantity by Region (2020-2031)
9.3.2 Asia-Pacific Process Oil Consumption Value by Region (2020-2031)
9.3.3 China 麻豆原创 Size and Forecast (2020-2031)
9.3.4 Japan 麻豆原创 Size and Forecast (2020-2031)
9.3.5 South Korea 麻豆原创 Size and Forecast (2020-2031)
9.3.6 India 麻豆原创 Size and Forecast (2020-2031)
9.3.7 Southeast Asia 麻豆原创 Size and Forecast (2020-2031)
9.3.8 Australia 麻豆原创 Size and Forecast (2020-2031)
10 South America
10.1 South America Process Oil Sales Quantity by Type (2020-2031)
10.2 South America Process Oil Sales Quantity by Application (2020-2031)
10.3 South America Process Oil 麻豆原创 Size by Country
10.3.1 South America Process Oil Sales Quantity by Country (2020-2031)
10.3.2 South America Process Oil Consumption Value by Country (2020-2031)
10.3.3 Brazil 麻豆原创 Size and Forecast (2020-2031)
10.3.4 Argentina 麻豆原创 Size and Forecast (2020-2031)
11 Middle East & Africa
11.1 Middle East & Africa Process Oil Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Process Oil Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Process Oil 麻豆原创 Size by Country
11.3.1 Middle East & Africa Process Oil Sales Quantity by Country (2020-2031)
11.3.2 Middle East & Africa Process Oil Consumption Value by Country (2020-2031)
11.3.3 Turkey 麻豆原创 Size and Forecast (2020-2031)
11.3.4 Egypt 麻豆原创 Size and Forecast (2020-2031)
11.3.5 Saudi Arabia 麻豆原创 Size and Forecast (2020-2031)
11.3.6 South Africa 麻豆原创 Size and Forecast (2020-2031)
12 麻豆原创 Dynamics
12.1 Process Oil 麻豆原创 Drivers
12.2 Process Oil 麻豆原创 Restraints
12.3 Process Oil Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Process Oil and Key Manufacturers
13.2 Manufacturing Costs Percentage of Process Oil
13.3 Process Oil Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Process Oil Typical Distributors
14.3 Process Oil Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Shell
Chevron Corporation
Nynas AB
APAR Industries
ExxonMobil
ORGKHIM Biochemical Holding
Behran Oil
Valvoline
Cepsa Lubricants
H&R KGaA
Eni Oil Products
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听
*If Applicable.