Industrial Oil Market: Current Analysis and Forecast (2021-2027)
September 2021
229
About the Report
About the Report
Industrial oils are petroleum oils that are used for the lubrication of machinery at home or in industries. Crude oils like Baku, Emba and eastern types are used to produce these. Industrial oils can sometimes contain vegetable oils. Industrial oils also contain little mixtures of vegetable oils like castor, mustard, rapeseed as additives and a few thickenings, antioxidant, and anticorrosive dopes used for improving their service qualities. Industrial oils are also constantly being varied and supplemented with new brands, especially synthetic oils like silicon, fluorohydrocarbon and polyester. According to viscosity, industrial oils can be subdivided into light, medium and heavy types. Light oils have the viscosity of 5-10 centistokes at 50 C, these are used to lubricate high-speed, low-load machinery.
Based on source, the industrial oils market is segmented into Natural, Mineral, and Synthetic. Amongst source, the natural segment of the market was valued at USD XX million in 2020 and is likely to reach USD XX million by 2027 growing at a CAGR of XX% from 2021-2027.
Based on Product Type, the industrial oils market is segmented into Turbine Oil, Refrigeration Oil, Compressor Oil, Electrical Oil, and Heat Transfer Oil. Amongst product type, Heat Transfer Oil segment accounted for a market valuation of USD XX million in 2020 and is expected to reach USD XX million by the year 2027, at a CAGR of XX% over the analysed period.
Based on Type, the industrial oil market is segmented into Grade I (Light), Grade II (Medium), and Grade III (Heavy). The Grade I segment generated revenue of USD XX million in 2020 and is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX million by 2027F.
Based on end-use, the industrial oils market is segmented into Automotive, Engineering, Automation, Manufacturing, Food processing, Oil & Gas, and Medical. Amongst end-user, the automotive segment of the market was valued at USD XX million in 2020 and is likely to reach USD XX million by 2027 growing at a CAGR of XX% from 2021-2027.
For a better understanding of the market adoption of Industrial Oils Industry, the market is analysed based on its worldwide presence in the countries such as North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. Asia-Pacific will dominate the Industrial Oils market on account of increasing industrialization.
Some of the major players operating in the market include Cargill, Bunge Limited, Wilmar International, Louis Dreyfus Company B.V., Archer Daniels Midland (ADM), Buhler Group, CHS Inc., Ag Processing Inc., A&A Fratelli Parodi Spa, Gemtek Products. Several M&As along with partnerships have been undertaken by these players to boost their presence in different regions.
Industrial Oils Market was valued at USD XX million in 2020 and is projected to expand significantly with a CAGR of XX% from 2021-2027F to USD XX million in 2027. The Industrial Oils Market is expected to witness a boost on account of its high adoption in the Asia-Pacific region.
Products
Companies
Cargill, Bunge Limited, Wilmar International, Louis Dreyfus Company B.V., Archer Daniels Midland (ADM), Buhler Group, CHS Inc., Ag Processing Inc., A&A Fratelli Parodi Spa, and Gemtek Products
Table of Contents
Table of Contents
1 MARKET INTRODUCTION
1.1. Market Definitions
1.2. Objective of the Study
1.3. Limitation
1.4. Stake Holders
1.5. Currency Used in Report
1.6. Scope of the Industrial Oils Market Study
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1. Research Methodology for the Industrial Oils Market
2.1.1. Main Objective of the Industrial Oils Market
3 MARKET SYNOPSIS (INDUSTRY AT A GLANCE)
4 EXECUTIVE SUMMARY
5 INDUSTRIAL OILS MARKET REVENUE (USD BN), 2021-2027F
6 COVID-19 IMPACT
7 MARKET INSIGHTS BY SOURCE
7.1. Natural
7.2. Mineral
7.3. Synthetic
8 MARKET INSIGHTS BY PRODUCT TYPE
8.1. Turbine Oil
8.2. Refrigeration Oil
8.3. Compressor Oil
8.4. Electrical Oil
8.5. Heat Transfer Oil
9 MARKET INSIGHTS BY TYPE
9.1. Grade I (Light)
9.2. Grade II (Medium)
9.3. Grade III (Heavy)
10 MARKET INSIGHTS BY END-USE
10.1. Automotive
10.2. Engineering
10.3. Automation
10.4. Manufacturing
10.5. Food Processing
10.6. Oil & Gas
10.7. Medical
11 MARKET INSIGHTS BY REGION
11.1. NORTH AMERICA INDUSTRIAL OILS MARKET
11.1.1. United States of America
11.1.2. Canada
11.2.3. Rest of North America
11.2. EUROPE INDUSTRIAL OILS MARKET
11.2.1. United Kingdom
11.2.2. Germany
11.2.3. France
11.2.4. Spain
11.2.5. Italy
11.2.6. Rest of Europe
11.3. ASIA-PACIFIC INDUSTRIAL OILS MARKET
11.3.1. China
11.3.2. Japan
11.3.3. India
11.3.4. Australia
11.3.5. Rest of Asia-Pacific
11.4. REST OF THE WORLD INDUSTRIAL OILS MARKET
12 INDUSTRIAL OILS MARKET DYNAMICS
12.1. Drivers
12.2. Challenges
12.3. Impact Analysis
13 INDUSTRIAL OILS MARKET OPPORTUNITIES
14 INDUSTRIAL OILS MARKET TRENDS
15 LEGAL AND REGULATORY FRAMEWORK
16 DEMAND AND SUPPLY SIDE ANALYSIS
16.1. Demand Side Analysis
16.2. Supply Side Analysis
16.2.1. Top Product Launches
16.2.2. Top Business Partnerships
16.2.3. Top Business Expansions, Investments and Divestitures
16.2.4. Top Merger and Acquisitions
17 VALUE CHAIN ANALYSIS
18 COMPETITIVE SCENARIO
19 COMPANY PROFILED
19.1. Cargill
19.2. Bunge Limited
19.3. Wilmar International
19.4. Louis Dreyfus Company B.V.
19.5. Archer Daniels Midland (ADM)
19.6. Buhler Group
19.7. CHS Inc.
19.8. Ag Processing Inc.
19.9. A&A Fratelli Parodi Spa
19.10. Gemtek Products
20 DISCLAIMER
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