Report Highlights
The global market for process oils reached nearly $5.1 billion in 2017 and should reach $6.0 billion by 2022, at a compound annual growth rate (CAGR) of 3.5% for the period of 2017-2022.
Report Includes
- 87 data tables and 67 additional tables
- An overview of the global markets and emerging opportunities for process oils
- Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022
- Market overview segmented by type, application, and by region
- Description of the regulations and policies that affect the process oil market
- Insight into the factors influencing market growth, such as drivers, restraints, and opportunities
- Company profiles of major key players in the market, including Avista oil AG, Chevron Corp., ExxonMobil Chemical Co. Inc., Lanxess and Phillips 66
Report Scope
The scope of the report is widely characterized on the basis of consumption of process oils across geographies, which include North America, Europe, Asia-Pacific and the rest of the world. The report also covers different applications of process oils in tires and rubber, polymers, personal care products, textiles, coatings, defoamers and adhesives.
Although the report intends to include the numerous applications of process oil, it does not include revenue generated from the use of process oil in transformers nor applications of process oil as a lubricant in industrial machines and tools.
Estimated values used are based on manufacturers’ total revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.
Analyst Credentials
Tanmay Joshi has been an analyst for BCC Research since 2014, having authored numerous reports in the areas of advanced materials, biochemicals, industrial chemicals and the applied sciences. He holds both bachelors and master's degrees in chemistry, as well as a Master of Business Administration in Management Science. Prior to joining BCC Research, Joshi conducted chemical research in the R&D division of an international pharmaceutical company.
Related Reports
Global Markets for Chemicals for Cosmetics & Toiletries
The global market for cosmetic and toiletry ingredients should grow from $24.8 billion in 2021 to $30.5 billion by 2026, at a compound annual growth rate (CAGR) of 4.2% during the forecast period of 2021-2026.
Biolubricants: Global Markets
The global biolubricants market should reach $2.4 billion by 2025 from $2.0 billion in 2020 at a compound annual growth rate (CAGR) of 3.8% for the forecast period of 2020 to 2025.
2019 Energy and Resources Research Review
The present energy review tries to put light on few of the important topics that have been researched by BCC Research in a concise way by summarizing the key facts enlisted in detail in each of these individual reports.
Lubricants: Global Markets to 2023
The global market for lubricants should grow from $146.1 billion in 2018 to $166.0 billion by 2023 at a compound annual growth rate (CAGR) of 2.6% for the period of 2018-2023.
Recent Reports
Carbon Credits Market: Global Outlook
This report provides an up-to-date analysis of current and future markets for carbon credits and the carbon offsets industry. It presents a thorough and up-to-date global assessment of the market and business of carbon credits. The report also includes a competitive landscape, ESG analysis, and detailed company profiles of leading market players.
Hydrogen Storage: Materials, Technologies and Global Markets
The global market for hydrogen storage materials and technologies is expected to grow from $5.3 billion in 2023 to $7.7 billion by the end of 2028, at a compound annual growth rate (CAGR) of 7.6% from 2023 through 2028.
Global Sustainable Marine Fuel Market
This report provides an overview of the global sustainable marine fuel market. It presents market analysis based on fuel type, vessel type, and region. The report also provides the ESG (environmental, social, and governance) analysis of the sustainable marine fuel industry and the recent activities of the companies on this front.
Global Virtual Power Plant Market
This report provides an overview of the global virtual power plant (VPP) market. The report segments global VPP market based on technology, end-user and region. It presents an analysis of the ESG sustainability developments in the VPP industry.
Biodiesel Feedstocks: Technologies, Synthesis, Efficiency and Policies
The global market for biodiesel is expected to grow from $43.1 billion in 2023 to $51.6 billion by the end of 2028, at a compound annual growth rate (CAGR) of 3.7% from 2023 through 2028.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More