NEW YORK, Sept. 5, 2022 /PRNewswire/ -- The latest market analysis report titled Rubber Process Oil Market by End-user and Geography - Forecast and Analysis 2022-2026 has been added to Technavio's catalog. The report predicts the market to witness an accelerating growth momentum at a CAGR of 4.26%. Technavio categorizes the global rubber process oil market as a part of the global oil and gas refining and marketing market. Our report provides extensive information on the value chain analysis for the rubber process oil market, which vendors can leverage to gain a competitive advantage during the forecast period. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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"One of the primary growth drivers for this market is the growing benefits offered by rubber process oils.," says a senior analyst for the Energy industry at Technavio." Primarily, rubber process oils are used in the manufacturing of rubber components as a processing aid. Meanwhile, rubber oil is used as a plasticizer to improve processability and filter inclusion, as well as an extender. The type of oil used is determined by the sort of product that must be manufactured.
However, fluctuating prices of crude oil will be one of the factors hampering the rubber process oil market growth. Key companies in the oil sector abandoned several oil exploration and production projects due to fluctuating oil prices. Fluctuations in the price of crude oil can affect the market. Moreover, upstream companies are adversely affected when crude oil prices fluctuate as the price at which the crude oil is sold is determined by the market, but the production costs are mostly fixed.
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Rubber Process Oil Market Segment Highlights
- The rubber process oil market share growth in the automotive segment will be significant during the forecast period.
- The automotive segment in the global rubber process oil market is expected to witness significant growth due to the growing demand for automobiles globally.
- Furthermore, rubber process oil is used to manufacture automobile rubber tires, belting, battery case, and several others.
- Owing to such a wide variety of applications in vehicles, rubber process oil becomes so much important for the automotive industry.
- Such factors are expected to propel the growth of the automotive segment in the global rubber process oil market during the forecast period.
Regional Analysis
- 37% of the market's growth will originate from Europe during the forecast period.
- Russia is the key market for the rubber process oil market in Europe
- Market growth in this region will be slower than the growth of the market in North America.
- The rising demand for rubber process oil from rubber processing and end-user industries, including automotive, construction, oil and gas, and aerospace in developing countries, such as China, Japan, and India will facilitate the rubber process oil market growth in Europe over the forecast period.
- The US, China, India, and Japan are some of the other revenue-generating economies of the rubber process oil market.
Know about Report Detailed Segment-wise Analysis and Regional Insights in this PDF Sample
Vendor Analysis
- The rubber process oil market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
- This statistical study of the rubber process oil market encompasses successful business strategies deployed by the key vendors.
- The rubber process oil market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
- To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Top Rubber Process Oil Market Players Covered in this Report are:
- BRENNTAG SE: The company offers rubber process oil such as Poweroil Process Oils.
- CPC Corp.: The company offers rubber process oil such as ParaLux 701, 1001, 2401, and 6001.
- Oil and Natural Gas Corp. Ltd.: The company offers rubber process oil such as Nytex 4700, 840, 810, 820, and 8150.
- ORGKHIM Biochemical Holding Management Co.: The company offers rubber process oil such as ELASTO 165, 245, and 255.
- Panama Petrochem Ltd.: The company offers rubber process oil such as Norman 346, 388, 132, 787, and 239.
- Chevron Corp.
- Cross Oil
- Ergon Inc.
- Gandhar Oil Refinery India Ltd.
- HollyFrontier Corp.
- Indian Oil Corp. Ltd.
- Lodha Petro
- Nynas AB
- Petroliam Nasional Berhad
- Repsol SA
- Shell plc
- TotalEnergies SE
- Vintrol Lubes Pvt. Ltd.
- WBF Pte Ltd.
- Apar Industries Ltd.
Want to know more about the product offerings from contributing vendors, Download Sample PDF
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Rubber Process Oil Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.26% |
Market growth 2022-2026 |
$ 562.83 million |
Market structure |
Fragmented |
YoY growth (%) |
3.19 |
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
Performing market contribution |
Europe at 37% |
Key consumer countries |
US, China, India, Japan, and Russia |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
BRENNTAG SE, Chevron Corp., CPC Corp., Cross Oil, Ergon Inc., Gandhar Oil Refinery India Ltd., HollyFrontier Corp., Indian Oil Corp. Ltd., Lodha Petro, Nynas AB, Oil and Natural Gas Corp. Ltd., ORGKHIM Biochemical Holding Management Co., Panama Petrochem Ltd., Petroliam Nasional Berhad, Repsol SA, Shell plc, TotalEnergies SE, Vintrol Lubes Pvt. Ltd., WBF Pte Ltd., and Apar Industries Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Content
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by End-user
- 5.1 Market segments
- Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
- Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
- 5.2 Comparison by End-user
- Exhibit 26: Chart on Comparison by End-user
- Exhibit 27: Data Table on Comparison by End-user
- 5.3 Automotive - Market size and forecast 2021-2026
- Exhibit 28: Chart on Automotive - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Automotive - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Automotive - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Automotive - Year-over-year growth 2021-2026 (%)
- 5.4 Construction - Market size and forecast 2021-2026
- Exhibit 32: Chart on Construction - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Construction - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Construction - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Construction - Year-over-year growth 2021-2026 (%)
- 5.5 Oil and gas - Market size and forecast 2021-2026
- Exhibit 36: Chart on Oil and gas - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Oil and gas - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Oil and gas - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Oil and gas - Year-over-year growth 2021-2026 (%)
- 5.6 Others - Market size and forecast 2021-2026
- Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.7 Market opportunity by End-user
- Exhibit 44: Market opportunity by End-user ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 46: Chart on Market share by geography 2021-2026 (%)
- Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 48: Chart on Geographic comparison
- Exhibit 49: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 North America - Market size and forecast 2021-2026
- Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 China - Market size and forecast 2021-2026
- Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.9 US - Market size and forecast 2021-2026
- Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.10 India - Market size and forecast 2021-2026
- Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.11 Russia - Market size and forecast 2021-2026
- Exhibit 82: Chart on Russia - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on Russia - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on Russia - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Russia - Year-over-year growth 2021-2026 (%)
- 7.12 Japan - Market size and forecast 2021-2026
- Exhibit 86: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 87: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 88: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 90: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 91: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 93: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 94: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 95: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 96: Matrix on vendor position and classification
- 10.3 Apar Industries Ltd.
- Exhibit 97: Apar Industries Ltd. - Overview
- Exhibit 98: Apar Industries Ltd. - Business segments
- Exhibit 99: Apar Industries Ltd. - Key offerings
- Exhibit 100: Apar Industries Ltd. - Segment focus
- 10.4 Chevron Corp.
- Exhibit 101: Chevron Corp. - Overview
- Exhibit 102: Chevron Corp. - Business segments
- Exhibit 103: Chevron Corp. - Key news
- Exhibit 104: Chevron Corp. - Key offerings
- Exhibit 105: Chevron Corp. - Segment focus
- 10.5 Nynas AB
- Exhibit 106: Nynas AB - Overview
- Exhibit 107: Nynas AB - Business segments
- Exhibit 108: Nynas AB - Key news
- Exhibit 109: Nynas AB - Key offerings
- Exhibit 110: Nynas AB - Segment focus
- 10.6 Oil and Natural Gas Corp. Ltd.
- Exhibit 111: Oil and Natural Gas Corp. Ltd. - Overview
- Exhibit 112: Oil and Natural Gas Corp. Ltd. - Business segments
- Exhibit 113: Oil and Natural Gas Corp. Ltd. - Key offerings
- Exhibit 114: Oil and Natural Gas Corp. Ltd. - Segment focus
- 10.7 ORGKHIM Biochemical Holding Management Co.
- Exhibit 115: ORGKHIM Biochemical Holding Management Co. - Overview
- Exhibit 116: ORGKHIM Biochemical Holding Management Co. - Product / Service
- Exhibit 117: ORGKHIM Biochemical Holding Management Co. - Key offerings
- 10.8 Panama Petrochem Ltd.
- Exhibit 118: Panama Petrochem Ltd. - Overview
- Exhibit 119: Panama Petrochem Ltd. - Product / Service
- Exhibit 120: Panama Petrochem Ltd. - Key offerings
- 10.9 Petroliam Nasional Berhad
- Exhibit 121: Petroliam Nasional Berhad - Overview
- Exhibit 122: Petroliam Nasional Berhad - Business segments
- Exhibit 123: Petroliam Nasional Berhad - Key news
- Exhibit 124: Petroliam Nasional Berhad - Key offerings
- Exhibit 125: Petroliam Nasional Berhad - Segment focus
- 10.10 Repsol SA
- Exhibit 126: Repsol SA - Overview
- Exhibit 127: Repsol SA - Product / Service
- Exhibit 128: Repsol SA - Key offerings
- 10.11 Shell plc
- Exhibit 129: Shell plc - Overview
- Exhibit 130: Shell plc - Business segments
- Exhibit 131: Shell plc - Key news
- Exhibit 132: Shell plc - Key offerings
- Exhibit 133: Shell plc - Segment focus
- 10.12 TotalEnergies SE
- Exhibit 134: TotalEnergies SE - Overview
- Exhibit 135: TotalEnergies SE - Business segments
- Exhibit 136: TotalEnergies SE - Key news
- Exhibit 137: TotalEnergies SE - Key offerings
- Exhibit 138: TotalEnergies SE - Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 139: Inclusions checklist
- Exhibit 140: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 141: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 142: Research methodology
- Exhibit 143: Validation techniques employed for market sizing
- Exhibit 144: Information sources
- 11.5 List of abbreviations
- Exhibit 145: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
Jesse Maida
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SOURCE Technavio
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