Global Lubricant Base Oil Supply, Demand and Key Producers, 2024-2030
Page: 103
Published Date: 12 Feb 2024
Category: Chemical & Material
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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Description
The global Lubricant Base Oil market size is expected to reach $ million by 2030, rising at a market growth of % CAGR during the forecast period (2024-2030).
Lubricating base oil constitutes the liquid components of lubricating oil and grease finished products.
This report studies the global Lubricant Base Oil production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Lubricant Base Oil, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Lubricant Base Oil that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Lubricant Base Oil total production and demand, 2019-2030, (Kiloton)
Global Lubricant Base Oil total production value, 2019-2030, (USD Million)
Global Lubricant Base Oil production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (Kiloton)
Global Lubricant Base Oil consumption by region & country, CAGR, 2019-2030 & (Kiloton)
U.S. VS China: Lubricant Base Oil domestic production, consumption, key domestic manufacturers and share
Global Lubricant Base Oil production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (Kiloton)
Global Lubricant Base Oil production by Type, production, value, CAGR, 2019-2030, (USD Million) & (Kiloton)
Global Lubricant Base Oil production by Application production, value, CAGR, 2019-2030, (USD Million) & (Kiloton).
This reports profiles key players in the global Lubricant 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 Royal Dutch Shell, Chevron, Neste Oil, Exxon Mobil, Total and Sinopec, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Lubricant Base Oil market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Kiloton) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global Lubricant Base Oil Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Lubricant Base Oil Market, Segmentation by Type
Mineral Oil
Synthetic Oil
Global Lubricant Base Oil Market, Segmentation by Application
Automotive Oil
Metalworking Fluids
Hydraulic Oil
Greases
Others
Companies Profiled:
Royal Dutch Shell
Chevron
Neste Oil
Exxon Mobil
Total
Sinopec
Key Questions Answered
1. How big is the global Lubricant Base Oil market?
2. What is the demand of the global Lubricant Base Oil market?
3. What is the year over year growth of the global Lubricant Base Oil market?
4. What is the production and production value of the global Lubricant Base Oil market?
5. Who are the key producers in the global Lubricant Base Oil market?
Table of Contents
1 Supply Summary
1.1 Lubricant Base Oil Introduction
1.2 World Lubricant Base Oil Supply & Forecast
1.2.1 World Lubricant Base Oil Production Value (2019 & 2023 & 2030)
1.2.2 World Lubricant Base Oil Production (2019-2030)
1.2.3 World Lubricant Base Oil Pricing Trends (2019-2030)
1.3 World Lubricant Base Oil Production by Region (Based on Production Site)
1.3.1 World Lubricant Base Oil Production Value by Region (2019-2030)
1.3.2 World Lubricant Base Oil Production by Region (2019-2030)
1.3.3 World Lubricant Base Oil Average Price by Region (2019-2030)
1.3.4 North America Lubricant Base Oil Production (2019-2030)
1.3.5 Europe Lubricant Base Oil Production (2019-2030)
1.3.6 China Lubricant Base Oil Production (2019-2030)
1.3.7 Japan Lubricant Base Oil Production (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Lubricant Base Oil Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Lubricant Base Oil Major Market Trends
2.1 World Lubricant Base Oil Demand (2019-2030)
2.2 World Lubricant Base Oil Consumption by Region
2.2.1 World Lubricant Base Oil Consumption by Region (2019-2024)
2.2.2 World Lubricant Base Oil Consumption Forecast by Region (2025-2030)
2.3 United States Lubricant Base Oil Consumption (2019-2030)
2.4 China Lubricant Base Oil Consumption (2019-2030)
2.5 Europe Lubricant Base Oil Consumption (2019-2030)
2.6 Japan Lubricant Base Oil Consumption (2019-2030)
2.7 South Korea Lubricant Base Oil Consumption (2019-2030)
2.8 ASEAN Lubricant Base Oil Consumption (2019-2030)
2.9 India Lubricant Base Oil Consumption (2019-2030)
3.1 World Lubricant Base Oil Production Value by Manufacturer (2019-2024)
3.2 World Lubricant Base Oil Production by Manufacturer (2019-2024)
3.3 World Lubricant Base Oil Average Price by Manufacturer (2019-2024)
3.4 Lubricant Base Oil Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Lubricant Base Oil Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Lubricant Base Oil in 2023
3.5.3 Global Concentration Ratios (CR8) for Lubricant Base Oil in 2023
3.6 Lubricant Base Oil Market: Overall Company Footprint Analysis
3.6.1 Lubricant Base Oil Market: Region Footprint
3.6.2 Lubricant Base Oil Market: Company Product Type Footprint
3.6.3 Lubricant Base Oil Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations
4.1 United States VS China: Lubricant Base Oil Production Value Comparison
4.1.1 United States VS China: Lubricant Base Oil Production Value Comparison (2019 & 2023 & 2030)
4.1.2 United States VS China: Lubricant Base Oil Production Value Market Share Comparison (2019 & 2023 & 2030)
4.2 United States VS China: Lubricant Base Oil Production Comparison
4.2.1 United States VS China: Lubricant Base Oil Production Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Lubricant Base Oil Production Market Share Comparison (2019 & 2023 & 2030)
4.3 United States VS China: Lubricant Base Oil Consumption Comparison
4.3.1 United States VS China: Lubricant Base Oil Consumption Comparison (2019 & 2023 & 2030)
4.3.2 United States VS China: Lubricant Base Oil Consumption Market Share Comparison (2019 & 2023 & 2030)
4.4 United States Based Lubricant Base Oil Manufacturers and Market Share, 2019-2024
4.4.1 United States Based Lubricant Base Oil Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Lubricant Base Oil Production Value (2019-2024)
4.4.3 United States Based Manufacturers Lubricant Base Oil Production (2019-2024)
4.5 China Based Lubricant Base Oil Manufacturers and Market Share
4.5.1 China Based Lubricant Base Oil Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Lubricant Base Oil Production Value (2019-2024)
4.5.3 China Based Manufacturers Lubricant Base Oil Production (2019-2024)
4.6 Rest of World Based Lubricant Base Oil Manufacturers and Market Share, 2019-2024
4.6.1 Rest of World Based Lubricant Base Oil Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Lubricant Base Oil Production Value (2019-2024)
4.6.3 Rest of World Based Manufacturers Lubricant Base Oil Production (2019-2024)
5.1 World Lubricant Base Oil Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Mineral Oil
5.2.2 Synthetic Oil
5.3 Market Segment by Type
5.3.1 World Lubricant Base Oil Production by Type (2019-2030)
5.3.2 World Lubricant Base Oil Production Value by Type (2019-2030)
5.3.3 World Lubricant Base Oil Average Price by Type (2019-2030)
6.1 World Lubricant Base Oil Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Automotive Oil
6.2.2 Metalworking Fluids
6.2.3 Hydraulic Oil
6.2.4 Greases
6.2.5 Others
6.3 Market Segment by Application
6.3.1 World Lubricant Base Oil Production by Application (2019-2030)
6.3.2 World Lubricant Base Oil Production Value by Application (2019-2030)
6.3.3 World Lubricant Base Oil Average Price by Application (2019-2030)
7.1 Royal Dutch Shell
7.1.1 Royal Dutch Shell Details
7.1.2 Royal Dutch Shell Major Business
7.1.3 Royal Dutch Shell Lubricant Base Oil Product and Services
7.1.4 Royal Dutch Shell Lubricant Base Oil Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.1.5 Royal Dutch Shell Recent Developments/Updates
7.1.6 Royal Dutch Shell Competitive Strengths & Weaknesses
7.2 Chevron
7.2.1 Chevron Details
7.2.2 Chevron Major Business
7.2.3 Chevron Lubricant Base Oil Product and Services
7.2.4 Chevron Lubricant Base Oil Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.2.5 Chevron Recent Developments/Updates
7.2.6 Chevron Competitive Strengths & Weaknesses
7.3 Neste Oil
7.3.1 Neste Oil Details
7.3.2 Neste Oil Major Business
7.3.3 Neste Oil Lubricant Base Oil Product and Services
7.3.4 Neste Oil Lubricant Base Oil Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.3.5 Neste Oil Recent Developments/Updates
7.3.6 Neste Oil Competitive Strengths & Weaknesses
7.4 Exxon Mobil
7.4.1 Exxon Mobil Details
7.4.2 Exxon Mobil Major Business
7.4.3 Exxon Mobil Lubricant Base Oil Product and Services
7.4.4 Exxon Mobil Lubricant Base Oil Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.4.5 Exxon Mobil Recent Developments/Updates
7.4.6 Exxon Mobil Competitive Strengths & Weaknesses
7.5 Total
7.5.1 Total Details
7.5.2 Total Major Business
7.5.3 Total Lubricant Base Oil Product and Services
7.5.4 Total Lubricant Base Oil Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.5.5 Total Recent Developments/Updates
7.5.6 Total Competitive Strengths & Weaknesses
7.6 Sinopec
7.6.1 Sinopec Details
7.6.2 Sinopec Major Business
7.6.3 Sinopec Lubricant Base Oil Product and Services
7.6.4 Sinopec Lubricant Base Oil Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.6.5 Sinopec Recent Developments/Updates
7.6.6 Sinopec Competitive Strengths & Weaknesses
8.1 Lubricant Base Oil Industry Chain
8.2 Lubricant Base Oil Upstream Analysis
8.2.1 Lubricant Base Oil Core Raw Materials
8.2.2 Main Manufacturers of Lubricant Base Oil Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Lubricant Base Oil Production Mode
8.6 Lubricant Base Oil Procurement Model
8.7 Lubricant Base Oil Industry Sales Model and Sales Channels
8.7.1 Lubricant Base Oil Sales Model
8.7.2 Lubricant Base Oil Typical Customers
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World Lubricant Base Oil Production Value by Region (2019, 2023 and 2030) & (USD Million)
Table 2. World Lubricant Base Oil Production Value by Region (2019-2024) & (USD Million)
Table 3. World Lubricant Base Oil Production Value by Region (2025-2030) & (USD Million)
Table 4. World Lubricant Base Oil Production Value Market Share by Region (2019-2024)
Table 5. World Lubricant Base Oil Production Value Market Share by Region (2025-2030)
Table 6. World Lubricant Base Oil Production by Region (2019-2024) & (Kiloton)
Table 7. World Lubricant Base Oil Production by Region (2025-2030) & (Kiloton)
Table 8. World Lubricant Base Oil Production Market Share by Region (2019-2024)
Table 9. World Lubricant Base Oil Production Market Share by Region (2025-2030)
Table 10. World Lubricant Base Oil Average Price by Region (2019-2024) & (US$/Ton)
Table 11. World Lubricant Base Oil Average Price by Region (2025-2030) & (US$/Ton)
Table 12. Lubricant Base Oil Major Market Trends
Table 13. World Lubricant Base Oil Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (Kiloton)
Table 14. World Lubricant Base Oil Consumption by Region (2019-2024) & (Kiloton)
Table 15. World Lubricant Base Oil Consumption Forecast by Region (2025-2030) & (Kiloton)
Table 16. World Lubricant Base Oil Production Value by Manufacturer (2019-2024) & (USD Million)
Table 17. Production Value Market Share of Key Lubricant Base Oil Producers in 2023
Table 18. World Lubricant Base Oil Production by Manufacturer (2019-2024) & (Kiloton)
Table 19. Production Market Share of Key Lubricant Base Oil Producers in 2023
Table 20. World Lubricant Base Oil Average Price by Manufacturer (2019-2024) & (US$/Ton)
Table 21. Global Lubricant Base Oil Company Evaluation Quadrant
Table 22. World Lubricant Base Oil Industry Rank of Major Manufacturers, Based on Production Value in 2023
Table 23. Head Office and Lubricant Base Oil Production Site of Key Manufacturer
Table 24. Lubricant Base Oil Market: Company Product Type Footprint
Table 25. Lubricant Base Oil Market: Company Product Application Footprint
Table 26. Lubricant Base Oil Competitive Factors
Table 27. Lubricant Base Oil New Entrant and Capacity Expansion Plans
Table 28. Lubricant Base Oil Mergers & Acquisitions Activity
Table 29. United States VS China Lubricant Base Oil Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 30. United States VS China Lubricant Base Oil Production Comparison, (2019 & 2023 & 2030) & (Kiloton)
Table 31. United States VS China Lubricant Base Oil Consumption Comparison, (2019 & 2023 & 2030) & (Kiloton)
Table 32. United States Based Lubricant Base Oil Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Lubricant Base Oil Production Value, (2019-2024) & (USD Million)
Table 34. United States Based Manufacturers Lubricant Base Oil Production Value Market Share (2019-2024)
Table 35. United States Based Manufacturers Lubricant Base Oil Production (2019-2024) & (Kiloton)
Table 36. United States Based Manufacturers Lubricant Base Oil Production Market Share (2019-2024)
Table 37. China Based Lubricant Base Oil Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Lubricant Base Oil Production Value, (2019-2024) & (USD Million)
Table 39. China Based Manufacturers Lubricant Base Oil Production Value Market Share (2019-2024)
Table 40. China Based Manufacturers Lubricant Base Oil Production (2019-2024) & (Kiloton)
Table 41. China Based Manufacturers Lubricant Base Oil Production Market Share (2019-2024)
Table 42. Rest of World Based Lubricant Base Oil Manufacturers, Headquarters and Production Site (States, Country)
Table 43. Rest of World Based Manufacturers Lubricant Base Oil Production Value, (2019-2024) & (USD Million)
Table 44. Rest of World Based Manufacturers Lubricant Base Oil Production Value Market Share (2019-2024)
Table 45. Rest of World Based Manufacturers Lubricant Base Oil Production (2019-2024) & (Kiloton)
Table 46. Rest of World Based Manufacturers Lubricant Base Oil Production Market Share (2019-2024)
Table 47. World Lubricant Base Oil Production Value by Type, (USD Million), 2019 & 2023 & 2030
Table 48. World Lubricant Base Oil Production by Type (2019-2024) & (Kiloton)
Table 49. World Lubricant Base Oil Production by Type (2025-2030) & (Kiloton)
Table 50. World Lubricant Base Oil Production Value by Type (2019-2024) & (USD Million)
Table 51. World Lubricant Base Oil Production Value by Type (2025-2030) & (USD Million)
Table 52. World Lubricant Base Oil Average Price by Type (2019-2024) & (US$/Ton)
Table 53. World Lubricant Base Oil Average Price by Type (2025-2030) & (US$/Ton)
Table 54. World Lubricant Base Oil Production Value by Application, (USD Million), 2019 & 2023 & 2030
Table 55. World Lubricant Base Oil Production by Application (2019-2024) & (Kiloton)
Table 56. World Lubricant Base Oil Production by Application (2025-2030) & (Kiloton)
Table 57. World Lubricant Base Oil Production Value by Application (2019-2024) & (USD Million)
Table 58. World Lubricant Base Oil Production Value by Application (2025-2030) & (USD Million)
Table 59. World Lubricant Base Oil Average Price by Application (2019-2024) & (US$/Ton)
Table 60. World Lubricant Base Oil Average Price by Application (2025-2030) & (US$/Ton)
Table 61. Royal Dutch Shell Basic Information, Manufacturing Base and Competitors
Table 62. Royal Dutch Shell Major Business
Table 63. Royal Dutch Shell Lubricant Base Oil Product and Services
Table 64. Royal Dutch Shell Lubricant Base Oil Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 65. Royal Dutch Shell Recent Developments/Updates
Table 66. Royal Dutch Shell Competitive Strengths & Weaknesses
Table 67. Chevron Basic Information, Manufacturing Base and Competitors
Table 68. Chevron Major Business
Table 69. Chevron Lubricant Base Oil Product and Services
Table 70. Chevron Lubricant Base Oil Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 71. Chevron Recent Developments/Updates
Table 72. Chevron Competitive Strengths & Weaknesses
Table 73. Neste Oil Basic Information, Manufacturing Base and Competitors
Table 74. Neste Oil Major Business
Table 75. Neste Oil Lubricant Base Oil Product and Services
Table 76. Neste Oil Lubricant Base Oil Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 77. Neste Oil Recent Developments/Updates
Table 78. Neste Oil Competitive Strengths & Weaknesses
Table 79. Exxon Mobil Basic Information, Manufacturing Base and Competitors
Table 80. Exxon Mobil Major Business
Table 81. Exxon Mobil Lubricant Base Oil Product and Services
Table 82. Exxon Mobil Lubricant Base Oil Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 83. Exxon Mobil Recent Developments/Updates
Table 84. Exxon Mobil Competitive Strengths & Weaknesses
Table 85. Total Basic Information, Manufacturing Base and Competitors
Table 86. Total Major Business
Table 87. Total Lubricant Base Oil Product and Services
Table 88. Total Lubricant Base Oil Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 89. Total Recent Developments/Updates
Table 90. Sinopec Basic Information, Manufacturing Base and Competitors
Table 91. Sinopec Major Business
Table 92. Sinopec Lubricant Base Oil Product and Services
Table 93. Sinopec Lubricant Base Oil Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 94. Global Key Players of Lubricant Base Oil Upstream (Raw Materials)
Table 95. Lubricant Base Oil Typical Customers
Table 96. Lubricant Base Oil Typical Distributors
List of Figure
Figure 1. Lubricant Base Oil Picture
Figure 2. World Lubricant Base Oil Production Value: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Lubricant Base Oil Production Value and Forecast (2019-2030) & (USD Million)
Figure 4. World Lubricant Base Oil Production (2019-2030) & (Kiloton)
Figure 5. World Lubricant Base Oil Average Price (2019-2030) & (US$/Ton)
Figure 6. World Lubricant Base Oil Production Value Market Share by Region (2019-2030)
Figure 7. World Lubricant Base Oil Production Market Share by Region (2019-2030)
Figure 8. North America Lubricant Base Oil Production (2019-2030) & (Kiloton)
Figure 9. Europe Lubricant Base Oil Production (2019-2030) & (Kiloton)
Figure 10. China Lubricant Base Oil Production (2019-2030) & (Kiloton)
Figure 11. Japan Lubricant Base Oil Production (2019-2030) & (Kiloton)
Figure 12. Lubricant Base Oil Market Drivers
Figure 13. Factors Affecting Demand
Figure 14. World Lubricant Base Oil Consumption (2019-2030) & (Kiloton)
Figure 15. World Lubricant Base Oil Consumption Market Share by Region (2019-2030)
Figure 16. United States Lubricant Base Oil Consumption (2019-2030) & (Kiloton)
Figure 17. China Lubricant Base Oil Consumption (2019-2030) & (Kiloton)
Figure 18. Europe Lubricant Base Oil Consumption (2019-2030) & (Kiloton)
Figure 19. Japan Lubricant Base Oil Consumption (2019-2030) & (Kiloton)
Figure 20. South Korea Lubricant Base Oil Consumption (2019-2030) & (Kiloton)
Figure 21. ASEAN Lubricant Base Oil Consumption (2019-2030) & (Kiloton)
Figure 22. India Lubricant Base Oil Consumption (2019-2030) & (Kiloton)
Figure 23. Producer Shipments of Lubricant Base Oil by Manufacturer Revenue ($MM) and Market Share (%): 2023
Figure 24. Global Four-firm Concentration Ratios (CR4) for Lubricant Base Oil Markets in 2023
Figure 25. Global Four-firm Concentration Ratios (CR8) for Lubricant Base Oil Markets in 2023
Figure 26. United States VS China: Lubricant Base Oil Production Value Market Share Comparison (2019 & 2023 & 2030)
Figure 27. United States VS China: Lubricant Base Oil Production Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Lubricant Base Oil Consumption Market Share Comparison (2019 & 2023 & 2030)
Figure 29. United States Based Manufacturers Lubricant Base Oil Production Market Share 2023
Figure 30. China Based Manufacturers Lubricant Base Oil Production Market Share 2023
Figure 31. Rest of World Based Manufacturers Lubricant Base Oil Production Market Share 2023
Figure 32. World Lubricant Base Oil Production Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 33. World Lubricant Base Oil Production Value Market Share by Type in 2023
Figure 34. Mineral Oil
Figure 35. Synthetic Oil
Figure 36. World Lubricant Base Oil Production Market Share by Type (2019-2030)
Figure 37. World Lubricant Base Oil Production Value Market Share by Type (2019-2030)
Figure 38. World Lubricant Base Oil Average Price by Type (2019-2030) & (US$/Ton)
Figure 39. World Lubricant Base Oil Production Value by Application, (USD Million), 2019 & 2023 & 2030
Figure 40. World Lubricant Base Oil Production Value Market Share by Application in 2023
Figure 41. Automotive Oil
Figure 42. Metalworking Fluids
Figure 43. Hydraulic Oil
Figure 44. Greases
Figure 45. Others
Figure 46. World Lubricant Base Oil Production Market Share by Application (2019-2030)
Figure 47. World Lubricant Base Oil Production Value Market Share by Application (2019-2030)
Figure 48. World Lubricant Base Oil Average Price by Application (2019-2030) & (US$/Ton)
Figure 49. Lubricant Base Oil Industry Chain
Figure 50. Lubricant Base Oil Procurement Model
Figure 51. Lubricant Base Oil Sales Model
Figure 52. Lubricant Base Oil Sales Channels, Direct Sales, and Distribution
Figure 53. Methodology
Figure 54. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
-
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
-
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
-
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
Royal Dutch Shell Chevron Neste Oil Exxon Mobil Total Sinopec
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