Global Base Oil Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Description

Base oil is the name given to lubrication grade oils initially produced from refining crude oil (mineral base oil) or through chemical synthesis (synthetic base oil). Base oil is typically defined as oil with a boiling point range between 550 and 1050 F, consisting of hydrocarbons with 18 to 40 carbon atoms. This oil can be either paraffinic or napthenic in nature depending on the chemical structure of the molecules.

According to our (Global Info Research) latest study, the global Base Oil market size was valued at USD 34620 million in 2022 and is forecast to a readjusted size of USD 39800 million by 2029 with a CAGR of 2.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Among types, Group IV segment of the global base oil market is projected to grow at the highest CAGR during the forecast period. This is due to increase in the consumption of Group IV base oils, globally. The usage of Group IV base oils has been growing in various industrial and automotive applications as they offer excellent performance when combined with additives.

This report is a detailed and comprehensive analysis for global Base 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 2023, are provided.

Key Features:
Global Base Oil market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Base Oil market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Base Oil market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Base Oil market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023
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 Base 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 Base Oil market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Shell, Chevron, Neste Oil, Exxon Mobil and Total and  etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation
Base Oil market is split by Type and by Application. For the period 2018-2029, 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.

Market segment by Type
    Group I
    Group II
    Group III
    Group IV
    Group V

Market segment by Application
    Automotive Oil
    Industrial Oil
    Metalworking Fluids
    Hydraulic Oil
    Greases
    Others

Major players covered
    Shell
    Chevron
    Neste Oil
    Exxon Mobil
    Total
    Sinopec

Market 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 Base Oil product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Base Oil, with price, sales, revenue and global market share of Base Oil from 2018 to 2023.
Chapter 3, the Base Oil competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Base Oil breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
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 2017 to 2022.and Base Oil market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Base Oil.
Chapter 14 and 15, to describe Base Oil sales channel, distributors, customers, research findings and conclusion.

Table of Contents

1 Market Overview
    1.1 Product Overview and Scope of Base Oil
    1.2 Market Estimation Caveats and Base Year
    1.3 Market Analysis by Type
        1.3.1 Overview: Global Base Oil Consumption Value by Type: 2018 Versus 2022 Versus 2029
        1.3.2 Group I
        1.3.3 Group II
        1.3.4 Group III
        1.3.5 Group IV
        1.3.6 Group V
    1.4 Market Analysis by Application
        1.4.1 Overview: Global Base Oil Consumption Value by Application: 2018 Versus 2022 Versus 2029
        1.4.2 Automotive Oil
        1.4.3 Industrial Oil
        1.4.4 Metalworking Fluids
        1.4.5 Hydraulic Oil
        1.4.6 Greases
        1.4.7 Others
    1.5 Global Base Oil Market Size & Forecast
        1.5.1 Global Base Oil Consumption Value (2018 & 2022 & 2029)
        1.5.2 Global Base Oil Sales Quantity (2018-2029)
        1.5.3 Global Base Oil Average Price (2018-2029)

2 Manufacturers Profiles
    2.1 Shell
        2.1.1 Shell Details
        2.1.2 Shell Major Business
        2.1.3 Shell Base Oil Product and Services
        2.1.4 Shell Base Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.1.5 Shell Recent Developments/Updates
    2.2 Chevron
        2.2.1 Chevron Details
        2.2.2 Chevron Major Business
        2.2.3 Chevron Base Oil Product and Services
        2.2.4 Chevron Base Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.2.5 Chevron Recent Developments/Updates
    2.3 Neste Oil
        2.3.1 Neste Oil Details
        2.3.2 Neste Oil Major Business
        2.3.3 Neste Oil Base Oil Product and Services
        2.3.4 Neste Oil Base Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.3.5 Neste Oil Recent Developments/Updates
    2.4 Exxon Mobil
        2.4.1 Exxon Mobil Details
        2.4.2 Exxon Mobil Major Business
        2.4.3 Exxon Mobil Base Oil Product and Services
        2.4.4 Exxon Mobil Base Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.4.5 Exxon Mobil Recent Developments/Updates
    2.5 Total
        2.5.1 Total Details
        2.5.2 Total Major Business
        2.5.3 Total Base Oil Product and Services
        2.5.4 Total Base Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.5.5 Total Recent Developments/Updates
    2.6 Sinopec
        2.6.1 Sinopec Details
        2.6.2 Sinopec Major Business
        2.6.3 Sinopec Base Oil Product and Services
        2.6.4 Sinopec Base Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.6.5 Sinopec Recent Developments/Updates

3 Competitive Environment: Base Oil by Manufacturer
    3.1 Global Base Oil Sales Quantity by Manufacturer (2018-2023)
    3.2 Global Base Oil Revenue by Manufacturer (2018-2023)
    3.3 Global Base Oil Average Price by Manufacturer (2018-2023)
    3.4 Market Share Analysis (2022)
        3.4.1 Producer Shipments of Base Oil by Manufacturer Revenue ($MM) and Market Share (%): 2022
        3.4.2 Top 3 Base Oil Manufacturer Market Share in 2022
        3.4.2 Top 6 Base Oil Manufacturer Market Share in 2022
    3.5 Base Oil Market: Overall Company Footprint Analysis
        3.5.1 Base Oil Market: Region Footprint
        3.5.2 Base Oil Market: Company Product Type Footprint
        3.5.3 Base Oil Market: Company Product Application Footprint
    3.6 New Market Entrants and Barriers to Market Entry
    3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region
    4.1 Global Base Oil Market Size by Region
        4.1.1 Global Base Oil Sales Quantity by Region (2018-2029)
        4.1.2 Global Base Oil Consumption Value by Region (2018-2029)
        4.1.3 Global Base Oil Average Price by Region (2018-2029)
    4.2 North America Base Oil Consumption Value (2018-2029)
    4.3 Europe Base Oil Consumption Value (2018-2029)
    4.4 Asia-Pacific Base Oil Consumption Value (2018-2029)
    4.5 South America Base Oil Consumption Value (2018-2029)
    4.6 Middle East and Africa Base Oil Consumption Value (2018-2029)

5 Market Segment by Type
    5.1 Global Base Oil Sales Quantity by Type (2018-2029)
    5.2 Global Base Oil Consumption Value by Type (2018-2029)
    5.3 Global Base Oil Average Price by Type (2018-2029)

6 Market Segment by Application
    6.1 Global Base Oil Sales Quantity by Application (2018-2029)
    6.2 Global Base Oil Consumption Value by Application (2018-2029)
    6.3 Global Base Oil Average Price by Application (2018-2029)

7 North America
    7.1 North America Base Oil Sales Quantity by Type (2018-2029)
    7.2 North America Base Oil Sales Quantity by Application (2018-2029)
    7.3 North America Base Oil Market Size by Country
        7.3.1 North America Base Oil Sales Quantity by Country (2018-2029)
        7.3.2 North America Base Oil Consumption Value by Country (2018-2029)
        7.3.3 United States Market Size and Forecast (2018-2029)
        7.3.4 Canada Market Size and Forecast (2018-2029)
        7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe
    8.1 Europe Base Oil Sales Quantity by Type (2018-2029)
    8.2 Europe Base Oil Sales Quantity by Application (2018-2029)
    8.3 Europe Base Oil Market Size by Country
        8.3.1 Europe Base Oil Sales Quantity by Country (2018-2029)
        8.3.2 Europe Base Oil Consumption Value by Country (2018-2029)
        8.3.3 Germany Market Size and Forecast (2018-2029)
        8.3.4 France Market Size and Forecast (2018-2029)
        8.3.5 United Kingdom Market Size and Forecast (2018-2029)
        8.3.6 Russia Market Size and Forecast (2018-2029)
        8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific
    9.1 Asia-Pacific Base Oil Sales Quantity by Type (2018-2029)
    9.2 Asia-Pacific Base Oil Sales Quantity by Application (2018-2029)
    9.3 Asia-Pacific Base Oil Market Size by Region
        9.3.1 Asia-Pacific Base Oil Sales Quantity by Region (2018-2029)
        9.3.2 Asia-Pacific Base Oil Consumption Value by Region (2018-2029)
        9.3.3 China Market Size and Forecast (2018-2029)
        9.3.4 Japan Market Size and Forecast (2018-2029)
        9.3.5 Korea Market Size and Forecast (2018-2029)
        9.3.6 India Market Size and Forecast (2018-2029)
        9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
        9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America
    10.1 South America Base Oil Sales Quantity by Type (2018-2029)
    10.2 South America Base Oil Sales Quantity by Application (2018-2029)
    10.3 South America Base Oil Market Size by Country
        10.3.1 South America Base Oil Sales Quantity by Country (2018-2029)
        10.3.2 South America Base Oil Consumption Value by Country (2018-2029)
        10.3.3 Brazil Market Size and Forecast (2018-2029)
        10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa
    11.1 Middle East & Africa Base Oil Sales Quantity by Type (2018-2029)
    11.2 Middle East & Africa Base Oil Sales Quantity by Application (2018-2029)
    11.3 Middle East & Africa Base Oil Market Size by Country
        11.3.1 Middle East & Africa Base Oil Sales Quantity by Country (2018-2029)
        11.3.2 Middle East & Africa Base Oil Consumption Value by Country (2018-2029)
        11.3.3 Turkey Market Size and Forecast (2018-2029)
        11.3.4 Egypt Market Size and Forecast (2018-2029)
        11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
        11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics
    12.1 Base Oil Market Drivers
    12.2 Base Oil Market Restraints
    12.3 Base 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
    12.5 Influence of COVID-19 and Russia-Ukraine War
        12.5.1 Influence of COVID-19
        12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain
    13.1 Raw Material of Base Oil and Key Manufacturers
    13.2 Manufacturing Costs Percentage of Base Oil
    13.3 Base Oil Production Process
    13.4 Base Oil Industrial Chain

14 Shipments by Distribution Channel
    14.1 Sales Channel
        14.1.1 Direct to End-User
        14.1.2 Distributors
    14.2 Base Oil Typical Distributors
    14.3 Base Oil Typical Customers

15 Research Findings and Conclusion

16 Appendix
    16.1 Methodology
    16.2 Research Process and Data Source
    16.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Global Base Oil Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 2. Global Base Oil Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 3. Shell Basic Information, Manufacturing Base and Competitors
    Table 4. Shell Major Business
    Table 5. Shell Base Oil Product and Services
    Table 6. Shell Base Oil Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 7. Shell Recent Developments/Updates
    Table 8. Chevron Basic Information, Manufacturing Base and Competitors
    Table 9. Chevron Major Business
    Table 10. Chevron Base Oil Product and Services
    Table 11. Chevron Base Oil Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 12. Chevron Recent Developments/Updates
    Table 13. Neste Oil Basic Information, Manufacturing Base and Competitors
    Table 14. Neste Oil Major Business
    Table 15. Neste Oil Base Oil Product and Services
    Table 16. Neste Oil Base Oil Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 17. Neste Oil Recent Developments/Updates
    Table 18. Exxon Mobil Basic Information, Manufacturing Base and Competitors
    Table 19. Exxon Mobil Major Business
    Table 20. Exxon Mobil Base Oil Product and Services
    Table 21. Exxon Mobil Base Oil Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 22. Exxon Mobil Recent Developments/Updates
    Table 23. Total Basic Information, Manufacturing Base and Competitors
    Table 24. Total Major Business
    Table 25. Total Base Oil Product and Services
    Table 26. Total Base Oil Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 27. Total Recent Developments/Updates
    Table 28. Sinopec Basic Information, Manufacturing Base and Competitors
    Table 29. Sinopec Major Business
    Table 30. Sinopec Base Oil Product and Services
    Table 31. Sinopec Base Oil Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 32. Sinopec Recent Developments/Updates
    Table 33. Global Base Oil Sales Quantity by Manufacturer (2018-2023) & (K MT)
    Table 34. Global Base Oil Revenue by Manufacturer (2018-2023) & (USD Million)
    Table 35. Global Base Oil Average Price by Manufacturer (2018-2023) & (USD/MT)
    Table 36. Market Position of Manufacturers in Base Oil, (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2022
    Table 37. Head Office and Base Oil Production Site of Key Manufacturer
    Table 38. Base Oil Market: Company Product Type Footprint
    Table 39. Base Oil Market: Company Product Application Footprint
    Table 40. Base Oil New Market Entrants and Barriers to Market Entry
    Table 41. Base Oil Mergers, Acquisition, Agreements, and Collaborations
    Table 42. Global Base Oil Sales Quantity by Region (2018-2023) & (K MT)
    Table 43. Global Base Oil Sales Quantity by Region (2024-2029) & (K MT)
    Table 44. Global Base Oil Consumption Value by Region (2018-2023) & (USD Million)
    Table 45. Global Base Oil Consumption Value by Region (2024-2029) & (USD Million)
    Table 46. Global Base Oil Average Price by Region (2018-2023) & (USD/MT)
    Table 47. Global Base Oil Average Price by Region (2024-2029) & (USD/MT)
    Table 48. Global Base Oil Sales Quantity by Type (2018-2023) & (K MT)
    Table 49. Global Base Oil Sales Quantity by Type (2024-2029) & (K MT)
    Table 50. Global Base Oil Consumption Value by Type (2018-2023) & (USD Million)
    Table 51. Global Base Oil Consumption Value by Type (2024-2029) & (USD Million)
    Table 52. Global Base Oil Average Price by Type (2018-2023) & (USD/MT)
    Table 53. Global Base Oil Average Price by Type (2024-2029) & (USD/MT)
    Table 54. Global Base Oil Sales Quantity by Application (2018-2023) & (K MT)
    Table 55. Global Base Oil Sales Quantity by Application (2024-2029) & (K MT)
    Table 56. Global Base Oil Consumption Value by Application (2018-2023) & (USD Million)
    Table 57. Global Base Oil Consumption Value by Application (2024-2029) & (USD Million)
    Table 58. Global Base Oil Average Price by Application (2018-2023) & (USD/MT)
    Table 59. Global Base Oil Average Price by Application (2024-2029) & (USD/MT)
    Table 60. North America Base Oil Sales Quantity by Type (2018-2023) & (K MT)
    Table 61. North America Base Oil Sales Quantity by Type (2024-2029) & (K MT)
    Table 62. North America Base Oil Sales Quantity by Application (2018-2023) & (K MT)
    Table 63. North America Base Oil Sales Quantity by Application (2024-2029) & (K MT)
    Table 64. North America Base Oil Sales Quantity by Country (2018-2023) & (K MT)
    Table 65. North America Base Oil Sales Quantity by Country (2024-2029) & (K MT)
    Table 66. North America Base Oil Consumption Value by Country (2018-2023) & (USD Million)
    Table 67. North America Base Oil Consumption Value by Country (2024-2029) & (USD Million)
    Table 68. Europe Base Oil Sales Quantity by Type (2018-2023) & (K MT)
    Table 69. Europe Base Oil Sales Quantity by Type (2024-2029) & (K MT)
    Table 70. Europe Base Oil Sales Quantity by Application (2018-2023) & (K MT)
    Table 71. Europe Base Oil Sales Quantity by Application (2024-2029) & (K MT)
    Table 72. Europe Base Oil Sales Quantity by Country (2018-2023) & (K MT)
    Table 73. Europe Base Oil Sales Quantity by Country (2024-2029) & (K MT)
    Table 74. Europe Base Oil Consumption Value by Country (2018-2023) & (USD Million)
    Table 75. Europe Base Oil Consumption Value by Country (2024-2029) & (USD Million)
    Table 76. Asia-Pacific Base Oil Sales Quantity by Type (2018-2023) & (K MT)
    Table 77. Asia-Pacific Base Oil Sales Quantity by Type (2024-2029) & (K MT)
    Table 78. Asia-Pacific Base Oil Sales Quantity by Application (2018-2023) & (K MT)
    Table 79. Asia-Pacific Base Oil Sales Quantity by Application (2024-2029) & (K MT)
    Table 80. Asia-Pacific Base Oil Sales Quantity by Region (2018-2023) & (K MT)
    Table 81. Asia-Pacific Base Oil Sales Quantity by Region (2024-2029) & (K MT)
    Table 82. Asia-Pacific Base Oil Consumption Value by Region (2018-2023) & (USD Million)
    Table 83. Asia-Pacific Base Oil Consumption Value by Region (2024-2029) & (USD Million)
    Table 84. South America Base Oil Sales Quantity by Type (2018-2023) & (K MT)
    Table 85. South America Base Oil Sales Quantity by Type (2024-2029) & (K MT)
    Table 86. South America Base Oil Sales Quantity by Application (2018-2023) & (K MT)
    Table 87. South America Base Oil Sales Quantity by Application (2024-2029) & (K MT)
    Table 88. South America Base Oil Sales Quantity by Country (2018-2023) & (K MT)
    Table 89. South America Base Oil Sales Quantity by Country (2024-2029) & (K MT)
    Table 90. South America Base Oil Consumption Value by Country (2018-2023) & (USD Million)
    Table 91. South America Base Oil Consumption Value by Country (2024-2029) & (USD Million)
    Table 92. Middle East & Africa Base Oil Sales Quantity by Type (2018-2023) & (K MT)
    Table 93. Middle East & Africa Base Oil Sales Quantity by Type (2024-2029) & (K MT)
    Table 94. Middle East & Africa Base Oil Sales Quantity by Application (2018-2023) & (K MT)
    Table 95. Middle East & Africa Base Oil Sales Quantity by Application (2024-2029) & (K MT)
    Table 96. Middle East & Africa Base Oil Sales Quantity by Region (2018-2023) & (K MT)
    Table 97. Middle East & Africa Base Oil Sales Quantity by Region (2024-2029) & (K MT)
    Table 98. Middle East & Africa Base Oil Consumption Value by Region (2018-2023) & (USD Million)
    Table 99. Middle East & Africa Base Oil Consumption Value by Region (2024-2029) & (USD Million)
    Table 100. Base Oil Raw Material
    Table 101. Key Manufacturers of Base Oil Raw Materials
    Table 102. Base Oil Typical Distributors
    Table 103. Base Oil Typical Customers
List of Figures
    Figure 1. Base Oil Picture
    Figure 2. Global Base Oil Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 3. Global Base Oil Consumption Value Market Share by Type in 2022
    Figure 4. Group I Examples
    Figure 5. Group II Examples
    Figure 6. Group III Examples
    Figure 7. Group IV Examples
    Figure 8. Group V Examples
    Figure 9. Global Base Oil Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Figure 10. Global Base Oil Consumption Value Market Share by Application in 2022
    Figure 11. Automotive Oil Examples
    Figure 12. Industrial Oil Examples
    Figure 13. Metalworking Fluids Examples
    Figure 14. Hydraulic Oil Examples
    Figure 15. Greases Examples
    Figure 16. Others Examples
    Figure 17. Global Base Oil Consumption Value, (USD Million): 2018 & 2022 & 2029
    Figure 18. Global Base Oil Consumption Value and Forecast (2018-2029) & (USD Million)
    Figure 19. Global Base Oil Sales Quantity (2018-2029) & (K MT)
    Figure 20. Global Base Oil Average Price (2018-2029) & (USD/MT)
    Figure 21. Global Base Oil Sales Quantity Market Share by Manufacturer in 2022
    Figure 22. Global Base Oil Consumption Value Market Share by Manufacturer in 2022
    Figure 23. Producer Shipments of Base Oil by Manufacturer Sales Quantity ($MM) and Market Share (%): 2021
    Figure 24. Top 3 Base Oil Manufacturer (Consumption Value) Market Share in 2022
    Figure 25. Top 6 Base Oil Manufacturer (Consumption Value) Market Share in 2022
    Figure 26. Global Base Oil Sales Quantity Market Share by Region (2018-2029)
    Figure 27. Global Base Oil Consumption Value Market Share by Region (2018-2029)
    Figure 28. North America Base Oil Consumption Value (2018-2029) & (USD Million)
    Figure 29. Europe Base Oil Consumption Value (2018-2029) & (USD Million)
    Figure 30. Asia-Pacific Base Oil Consumption Value (2018-2029) & (USD Million)
    Figure 31. South America Base Oil Consumption Value (2018-2029) & (USD Million)
    Figure 32. Middle East & Africa Base Oil Consumption Value (2018-2029) & (USD Million)
    Figure 33. Global Base Oil Sales Quantity Market Share by Type (2018-2029)
    Figure 34. Global Base Oil Consumption Value Market Share by Type (2018-2029)
    Figure 35. Global Base Oil Average Price by Type (2018-2029) & (USD/MT)
    Figure 36. Global Base Oil Sales Quantity Market Share by Application (2018-2029)
    Figure 37. Global Base Oil Consumption Value Market Share by Application (2018-2029)
    Figure 38. Global Base Oil Average Price by Application (2018-2029) & (USD/MT)
    Figure 39. North America Base Oil Sales Quantity Market Share by Type (2018-2029)
    Figure 40. North America Base Oil Sales Quantity Market Share by Application (2018-2029)
    Figure 41. North America Base Oil Sales Quantity Market Share by Country (2018-2029)
    Figure 42. North America Base Oil Consumption Value Market Share by Country (2018-2029)
    Figure 43. United States Base Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 44. Canada Base Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 45. Mexico Base Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 46. Europe Base Oil Sales Quantity Market Share by Type (2018-2029)
    Figure 47. Europe Base Oil Sales Quantity Market Share by Application (2018-2029)
    Figure 48. Europe Base Oil Sales Quantity Market Share by Country (2018-2029)
    Figure 49. Europe Base Oil Consumption Value Market Share by Country (2018-2029)
    Figure 50. Germany Base Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 51. France Base Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 52. United Kingdom Base Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 53. Russia Base Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 54. Italy Base Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 55. Asia-Pacific Base Oil Sales Quantity Market Share by Type (2018-2029)
    Figure 56. Asia-Pacific Base Oil Sales Quantity Market Share by Application (2018-2029)
    Figure 57. Asia-Pacific Base Oil Sales Quantity Market Share by Region (2018-2029)
    Figure 58. Asia-Pacific Base Oil Consumption Value Market Share by Region (2018-2029)
    Figure 59. China Base Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 60. Japan Base Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 61. Korea Base Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 62. India Base Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 63. Southeast Asia Base Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 64. Australia Base Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 65. South America Base Oil Sales Quantity Market Share by Type (2018-2029)
    Figure 66. South America Base Oil Sales Quantity Market Share by Application (2018-2029)
    Figure 67. South America Base Oil Sales Quantity Market Share by Country (2018-2029)
    Figure 68. South America Base Oil Consumption Value Market Share by Country (2018-2029)
    Figure 69. Brazil Base Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 70. Argentina Base Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 71. Middle East & Africa Base Oil Sales Quantity Market Share by Type (2018-2029)
    Figure 72. Middle East & Africa Base Oil Sales Quantity Market Share by Application (2018-2029)
    Figure 73. Middle East & Africa Base Oil Sales Quantity Market Share by Region (2018-2029)
    Figure 74. Middle East & Africa Base Oil Consumption Value Market Share by Region (2018-2029)
    Figure 75. Turkey Base Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 76. Egypt Base Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 77. Saudi Arabia Base Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 78. South Africa Base Oil Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 79. Base Oil Market Drivers
    Figure 80. Base Oil Market Restraints
    Figure 81. Base Oil Market Trends
    Figure 82. Porters Five Forces Analysis
    Figure 83. Manufacturing Cost Structure Analysis of Base Oil in 2022
    Figure 84. Manufacturing Process Analysis of Base Oil
    Figure 85. Base Oil Industrial Chain
    Figure 86. Sales Quantity Channel: Direct to End-User vs Distributors
    Figure 87. Direct Channel Pros & Cons
    Figure 88. Indirect Channel Pros & Cons
    Figure 89. Methodology
    Figure 90. Research Process and Data Source

Companies Mentioned

Shell
Chevron
Neste Oil
Exxon Mobil
Total
Sinopec