Europe Base Oil Market, By Type (Group I, Group II, Group III, Group IV, and Group V), By Application (Automotive Oil, Industrial Oil, Metalworking Fluids, Hydraulic Oil, Greases, and Others), By Country – Global Forecast to 2020
- Report Code: BA 1001
- Publish Date: Jan 2016
Base oils are lubrication grade oils, which are produced either through chemical synthesis or from refining of crude oil. Base oils, which are produced through chemical synthesis are known as synthetic base oils whereas those base oils, which are produced from refining of crude oil are known as mineral base oils. Base oils are mostly used for industrial and lubrication applications.
Depending on the nature of chemical structure, base oils can be napthenic or paraffinic. The American Petroleum Institute (API) has categorized base oils into five categories, which include Group I, Group II, Group III, Group IV, and Group V. Group I, Group II, and Group III are refined from petroleum crude whereas Group IV is polyalphaolefin/synthetic oil. Group V of base oils includes biolubes, phosphate esters, polyolester, and polyalkylene glycols (PAGs), among others.
Furthermore, due to versatile properties of base oils, they are used in various applications, such as automotive oil, industrial oil, metalworking fluids, hydraulic oil, greases, and others (agriculture, additives, and detergents/dispersants). The European base oil market was valued at USD 8.2 billion in 2014 and is projected to reach USD 8.7 billion by 2020, at a CAGR of 1.3% between 2015 and 2020.
Various secondary sources have been referred to, such as encyclopedias, directories, and databases, to identify and collect information useful for this extensive, commercial study of the European base oil market. The primary sources include interviews of the experts from related industries as well as key suppliers to obtain and verify critical information as well as to assess the future prospects of the European base oil market.
The parent market of base oils is additives. Base oils are used for manufacturing various types of oils, such as motor oil, lubricating greases, and metal processing fluids, among others. Base oils help in reducing volatility of emulsions, thus leading to their stability. Stable emulsions are used for lubricating applications in various industries. Royal Dutch Shell plc, Chevron Corporation, Neste Oil, AVISTA OIL AG, Nynas AB, and PETRONAS, among others are the key players operating in the European base oil market. Automotive oil, industrial oil, metalworking fluids, hydraulic oil, and greases are some of the major applications of base oils.
This market research study estimates the European base oil market for the forecast period, 2015 to 2020. The report provides detailed qualitative and quantitative analysis of the European base oil market. It also provides a comprehensive review of major market drivers, restraints, opportunities, and challenges for the European base oil market. The top players of the European base oil market are profiled in detail, along with their recent developments and other strategic industry related activities. The market shares of major participants in the European base oil market have also been described in detail.
Target Audience
- Base Oil Producers
- Base Oil Traders, Distributors, and Suppliers
- Manufacturers in End User Industries
- Associations and Industry Bodies
Scope of the report:
This research report categorizes the European base oil market on the basis of type, application, and country. It forecasts volume and value as well as analyzes trends in each of the submarkets.
- On the basis of type, the European base oil market has been segmented into Group I, Group II, Group III, Group IV, and Group V.
- On the basis of application, the European base oil market has been segmented into automotive oil, industrial oil, metalworking fluids, hydraulic oil, greases, and others.
- On the basis of country, the European base oil market has been studied for countries, such as France, Germany, Italy, the U.K., Russia, and rest of Europe.
The following customization options are available for the report:
- Further country-wise breakdown of the European base oil market
- Company information
- Detailed analysis and profiling of additional market players (Up to three)
Related Titles
- Global Synthetic Base Oil Market
- Global Polyalfaolefins (PAO)- based Synthetic Base Oil Market
- Global Polyalkylene Glycols (PAG)- based Synthetic Base Oil Market
Table of Contents
1 Introduction
1.1 Objectives of theStudy
1.2 Europe Base Oil Market - Segmentation & Coverage
1.3 Stakeholders
1.4 Introduction
2 Research Methodology
2.1 Assumptions
2.2 Scope
2.3 Europe Base Oil Market, Research Design
2.4 Research Methodology
2.5 Integrated Ecosystem of theEuropean Base Oil Market
2.6 Arriving at theEuropean Base Oil Market
2.7 Demand Side Approach
2.8 Supply Side Approach
2.8.1 Key Industry Insights
2.8.2 Key Data From Secondary Sources
2.8.3 Key Data From Primary Sources
3 Executive Summary
3.1 Key Insights: Europe Base Oil Market
3.2 Europe Base Oil Market Snapshot- 2014 (Kilo Tons)
3.3 Russia to Witness theHighest Growth in theEuropean Base Oil Market
3.4 Russia to Emerge as a Lucrative Market For Base Oil in theEuropean Region
3.5 Europe Base Oil Market, By Country Snapshot- 2015
4 Market Overview
4.1 Introduction
4.2 Market Structure & Value Chain Analysis
4.3 Europe Base Oil Market, By Country, 2014 (USD Million)
4.4 Europe Base Oil Market, By Application, 2014 (USD Million)
4.5 Europe Base Oil Market, By Application, 2015 & 2020 (USD Million)
4.6 Drivers, Restraints, and Opportunities
4.7 Industry Trends: Porter’s Five Forces Analysis
4.7.1 Industry Trends: Porter’s Five Forces Analysis
4.7.2 Industry Trends: Porter’s Five Forces Analysis
4.7.3 Industry Trends: Porter’s Five Forces Analysis
4.7.4 Industry Trends: Porter’s Five Forces Analysis
4.8 Introduction
4.8.1 Gtl Base Oil Process
4.8.2 Benefits of Gtl Base Oil
5 Europe Base Oil Market, By Application
5.1 Key Pointers
5.2 Europe Base Oil Market, By Application
5.2.1 Europe Base Oil Market, By Application
5.2.2 Europe Base Oil Market, By Application
5.3 Europe Base Oil Market in Automotive Oil
5.3.1 Europe Base Oil Market in Automotive Oil
5.4 Europe Base Oil Market in Industrial Oil
5.4.1 Europe Base Oil Market in Industrial Oil
5.5 Europe Base Oil Market in Metalworking Fluids
5.5.1 Europe Base Oil Market in Metalworking Fluids
5.6 Europe Base Oil Market in Greases
5.6.1 Europe Base Oil Market in Greases
5.7 Europe Base Oil Market in Hydraulic Oil
5.7.1 Europe Base Oil Market in Hydraulic Oil
5.8 Europe Base Oil Market in Others
5.8.1 Europe Base Oil Market in Others
6 Europe Base Oil Market, By Type
6.1 Key Pointers
6.2 Europe Base Oil Market, By Type
6.2.1 Europe Base Oil Market, By Type
6.2.2 Europe Base Oil Market, By Type
6.3 Europe Base Oil Market in Group I
6.3.1 Europe Base Oil Market in Group I
6.4 Europe Base Oil Market in Group Ii
6.4.1 Europe Base Oil Market in Group Ii
6.5 Europe Base Oil Market in Group Iii
6.5.1 Europe Base Oil Market in Group Iii
6.6 Europe Base Oil Market in Group Iv
6.6.1 Europe Base Oil Market in Group Iv
6.7 Europe Base Oil Market in Group V
6.7.1 Europe Base Oil Market in Group V
7 Europe Base Oil Market, By Country
7.1 Key Pointers
7.2 Europe Base Oil Market, By Country
7.2.1 Europe Base Oil Market, By Country
7.3 Russia Base Oil Market Snapshot
7.3.1 Russia Base Oil Market, By Application
7.3.2 Russia Base Oil Market, By Application
7.3.3 Russia Base Oil Market, By Application
7.4 Germany Base Oil Market Snapshot
7.4.1 Germany Base Oil Market, By Application
7.4.2 Germany Base Oil Market, By Application
7.4.3 Germany Base Oil Market, By Application
7.5 U.K. Base Oil Market Snapshot
7.5.1 U.K. Base Oil Market, By Application
7.5.2 U.K. Base Oil Market, By Application
7.5.3 U.K. Base Oil Market, By Application
7.6 France Base Oil Market Snapshot
7.6.1 France Base Oil Market, By Application
7.6.2 France Base Oil Market, By Application
7.6.3 France Base Oil Market, By Application
7.7 Italy Base Oil Market Snapshot
7.7.1 Italy Base Oil Market, By Application
7.7.2 Italy Base Oil Market, By Application
7.7.3 Italy Base Oil Market, By Application
7.8 Rest of Europe Base Oil Market Snapshot
7.8.1 Rest of Europe Base Oil Market, By Application
7.8.2 Rest of Europe Base Oil Market, By Application
7.8.3 Rest of Europe Base Oil Market, By Application
8 Europe Base Oil Market : Competitive Landscape
8.1 Global Base Oil Conversion/ Recent Expansion/ New Plants
8.2 Companies Expanded Group Ii Base Oil Grade Production Capacities Between 2011 and 2015
8.3 Companies Adopted Expansion as theKey Growth Strategy Between
8.4 Maximum Number of Developments in theEurope Base Oil Market Were Reported in 2014 and 2015
9 Europe Base Oil Market, By Company
9.1 Geographic Mix of Key Market Players
9.2 Royal Dutch Shell Plc
9.2.1 Overview
9.2.2 Product & Recent Developments
9.2.3 Swot Analysis
9.2.4 MMM View
9.3 Chevron Corporation
9.3.1 Overview
9.3.2 Product & Recent Developments
9.3.3 Swot Analysis
9.3.4 MMM View
9.4 Neste Oil
9.4.1 Overview
9.4.2 Product
9.4.3 Recent Developments
9.4.4 Swot Analysis
9.4.5 MMM View
9.5 Avista Oil Ag
9.5.1 Product & Recent Developments
9.5.2 Swot Analysis
9.5.3 MMM View
9.6 Nynas Ab
9.6.1 Overview
9.6.2 Product & Recent Developments
9.6.3 Swot Analysis
9.6.4 MMM View
9.7 Petronas
9.7.1 Overview
9.7.2 Product
9.7.3 MMM View
9.8 Repsol Sa
9.8.1 Overview
9.8.2 Product & Recent Developments
9.8.3 MMM View
9.9 Evonik Industries
9.9.1 Overview
9.9.2 Product
9.9.3 MMM View
9.1 Lotos Oil Sp. Z O.O.
9.10.1 Product
9.10.2 MMM View
9.11 Ergon Inc.
9.11.1 Product & Recent Developments
9.11.2 MMM View
9.12 Calumet Specialty Products Partners Lp
9.12.1 Overview
9.12.2 Product
9.12.3 MMM View
10 Appendix
10.1 Technical Analysis
10.2 Low-Cost Sourcing Locations
10.3 Regulatory Framework
10.4 Impact Analysis
10.5 Trade Analysis
List of Tables
Table 1 Europe Base Oil Market, By Application, 2013-2020 (Kilo Tons)
Table 2 Europe Base Oil Market, By Application, 2013-2020 (USD Million)
Table 3 Europe Base Oil Market in Automotive Oil, By Country, 2013-2020 (Kilo Tons)
Table 4 Europe Base Oil Market in Automotive Oil, By Country ,2013-2020 (USD Million)
Table 5 Europe Base Oil Market in Industrial Oil, By Country, 2013-2020 (Kilo Tons)
Table 6 Europe Base Oil Market in Industrial Oil, By Country 2013-2020 (USD Million)
Table 7 Europe Base Oil Market in Metalworking Fluids, By Country,2013-2020 (Kilo Tons)
Table 8 Europe Base Oil Market in Metalworking Fluids, By Country ,2013-2020 (USD Million)
Table 9 Europe Base Oil Market in Greases, By Country, 2013-2020 (Kilo Tons)
Table 10 Europe Base Oil Market in Greases, By Country , 2013-2020 (USD Million)
Table 11 Europe Base Oil Market in Hydraulic Oil, By Country, 2013-2020 (Kilo Tons)
Table 12 Europe Base Oil Market in Hydraulic Oil, By Country , 2013-2020 (USD Million)
Table 13 Europe Base Oil Market in Others, By Country, 2013-2020 (Kilo Tons)
Table 14 Europe Base Oil Market in Others, By Country , 2013-2020 (USD Million)
Table 15 Europe Base Oil Market, By Type, 2013-2020 ( Kilo Tons)
Table 16 Europe Base Oil Market, By Type, 2013-2020 (USD Million)
Table 17 Europe Base Oil Market in Group I, By Country, 2013-2020 (Kilo Tons)
Table 18 Europe Base Oil Market in Group I, By Country , 2013-2020 (USD Million)
Table 19 Europe Base Oil Market in Group Ii, By Country, 2013-2020 (Kilo Tons)
Table 20 Europe Base Oil Market in Group Ii, By Country , 2013-2020 (USD Million)
Table 21 Europe Base Oil Market in Group Iii, By Country, 2013-2020 (Kilo Tons)
Table 22 Europe Base Oil Market in Group Iii, By Country , 2013-2020 (USD Million)
Table 23 Europe Base Oil Market in Group Iv, By Country, 2013-2020 (Kilo Tons)
Table 24 Europe Base Oil Market in Group Iv, By Country , 2013-2020 (USD Million)
Table 25 Europe Base Oil Market in Group V, By Country, 2013-2020 (Kilo Tons)
Table 26 Europe Base Oil Market in Group V, By Country , 2013-2020 (USD Million)
Table 27 Europe Base Oil Market, By Country, 2013-2020 (Kilo Tons)
Table 28 Europe Base Oil Market, By Country, 2013-2020 (USD Million)
Table 29 Russia Base Oil Market, By Application, 2013-2020 (Kilo Tons)
Table 30 Russia Base Oil Market, By Application, 2013-2020 (USD Million)
Table 31 Germany Base Oil Market, By Application, 2013-2020 (Kilo Tons)
Table 32 Germany Base Oil Market, By Application, 2013-2020 (USD Million)
Table 33 U.K. Base Oil Market, By Application, 2013-2020 (Kilo Tons)
Table 34 U.K. Base Oil Market, By Application, 2013-2020 (USD Million)
Table 35 France Base Oil Market, By Application, 2013-2020 (Kilo Tons)
Table 36 France Base Oil Market, By Application, 2013-2020 (USD Million)
Table 37 Italy Base Oil Market, By Application, 2013-2020 (Kilo Tons)
Table 38 Italy Base Oil Market, By Application, 2013-2020 (USD Million)
Table 39 Rest of Europe Base Oil Market, By Application, 2013-2020 (Kilo Tons)
Table 40 Rest of Europe Base Oil Market, By Application, 2013-2020 (USD Million)
List of Figures
Figure 1 Europe Base Oil Market - Segmentation & Coverage
Figure 2 Stakeholders
Figure 3 Integrated Ecosystem of theEuropean Base Oil Market
Figure 4 Arriving at theEuropean Base Oil Market
Figure 5 Demand Side Approach
Figure 6 Supply Side Approach
Figure 7 Europe Base Oil Market Share, By Country, 2014 (%)
Figure 8 Europe Base Oil Market Growth, By Country, 2015-2020 (%)
Figure 9 Europe Base Oil Application Market Share, 2014 (%)
Figure 10 Global Base Oil Market Growth, By Application, 2015-2020 (%)
Figure 11 Europe Base Oil Market, By Application, 2015 & 2020 (Kilo Tons)
Figure 12 Europe Base Oil Market in Automotive Oil, By Country, 2015 & 2020
Figure 13 Europe Base Oil Market in Industrialoil, By Country, 2015 & 2020
Figure 14 Europe Base Oil Market in Metalworking Fluids, By Country, 2015 & 2020
Figure 15 Europe Base Oil Market in Greases, By Country, 2015 & 2020
Figure 16 Europe Base Oil Market in Hydraulic Oil, By Country, 2015 & 2020
Figure 17 Europe Base Oil Market in Others, By Country, 2015 & 2020
Figure 18 Europe Base Oil Type Market Overview, 2015 & 2020 (%)
Figure 19 Europe Base Oil Market , By Type, 2015-2020 (Kt)
Figure 20 Europe Base Oil Market in Group I, By Country, 2015 & 2020
Figure 21 Europe Base Oil Market in Group Ii, By Country, 2015 & 2020
Figure 22 Europe Base Oil Market in Group Iii, By Country, 2015 & 2020
Figure 23 Europe Base Oil Market in Group Iv, By Country, 2015 & 2020
Figure 24 Europe Base Oil Market in Group V, By Country, 2015 & 2020
Figure 25 Europe Base Oil Market: Growth Analysis, By Country, 2015- 2020 (Kilo Tons)
Figure 26 Russia Base Oil Market, 2015 (Value & Volume)
Figure 27 Russia Base Oil Market, Growth Analysis, By Application, 2015-2020
Figure 28 Russia Base Oil Market Overview, 2015 & 2020
Figure 29 Germany Base Oil Market, 2015 (Value & Volume)
Figure 30 Germany Base Oil Market, Growth Analysis, By Application, 2015-2020
Figure 31 Germany Base Oil Market Overview, 2015 & 2020
Figure 32 U.K. Base Oil Market, 2015 (Value & Volume)
Figure 33 U.K. Base Oil Market, Growth Analysis, By Application, 2015-2020
Figure 34 U.K. Base Oil Market Overview, 2015 & 2020
Figure 35 France Base Oil Market, 2015 (Value & Volume)
Figure 36 France Base Oil Market, Growth Analysis, By Application, 2015-2020
Figure 37 France Base Oil Market Overview, 2015 & 2020
Figure 38 Italy Base Oil Market, 2015 (Value & Volume)
Figure 39 Italy Base Oil Market, Growth Analysis, By Application, 2015-2020
Figure 40 Italy Base Oil Market Overview, 2015 & 2020
Figure 41 Rest of Europe Base Oil Market, 2015 (Value & Volume)
Figure 42 Rest of Europe Base Oil Market, Growth Analysis, By Application, 2015-2020
Figure 43 Rest of Europe Base Oil Market Overview, 2015 & 2020
Figure 44 Global Base Oil Market, 2011- 2015
Figure 45 Europe Base Oil Market, 2011- 2015
The European base oil market is estimated to reach USD 8.7 billion by 2020, at a CAGR of 1.3% between 2015 and 2020. Factors, such as growth of various end user industries, along with increase in demand for finished lubricants from various industries are expected to drive the European base oil market during the forecast period, 2015 to 2020.
Among applications, the automotive oil segment led the European base oil market in 2014 and is projected to grow during the forecast period as well, owing to increase in the demand for finished lubricant products from various industries. Moreover, continuous increase in the demand for low sulfur-based fuel oils is also expected to contribute towards the growth of this application segment.
Among types, Group III segment of the European 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 III base oils in the European region. Group III base oils are severely hydrocracked and as such, are the purest base oils. Increase in the demand for Group III base oils for various industrial and automotive applications is expected to fuel the growth of the Group III segment of the European base oil market between 2015 and 2020. The Group I segment led the European base oil market in 2014 and accounted for a market share of 47.3%, in terms of volume. Group I base oils have simpler refining process and are the cheapest among all groups of base oils. As such, Group I base oils are extensively used in number of applications. However, with the advancements in technology, Group II and Group III are also being increasingly used in numerous applications.
Russia led the European base oil market in 2014 and is expected to continue doing so during the forecast period as well. The base oil market in Russia is projected to grow at the highest CAGR of 2.9% during the forecast period. There is an increase in the usage of base oils in various applications, such as motor oil and lubricant greases in Russia due to continuously growing population and flourishing automotive industry in the country.
FIGURE 1
Europe Base Oil Market Size, by country, 2014 (Kilo tons)
Source: Secondary Research, Expert Interviews, and MicroMarketMonitor Analysis
High manufacturing cost of base oils is the factor inhibiting the growth of the European base oil market. Manufacturing of base oils requires extensive R&D activities, which in turn, increase the overall cost of the base oils. The European base oil market is highly concentrated and is significantly price sensitive. This is due to less number of participants in this market, owing to high entry barriers, which make it difficult for the new entrants to enter into the market. New product launches, expansions, acquisitions, and research & development are some of the important strategies adopted by the market players to achieve growth in the European base oil market.
To speak to our analyst for a discussion on the above findings, please fill up the required details by clicking on Speak to Analyst tab.
Please visit http://www.micromarketmonitor.com/custom-research-services.html to specify your custom Research Requirement
