Market By Type, Application, And Geography | Forecast 2019-2027
According to Triton Market Research, the Middle East and Africa process oil market is expected to grow exponentially at a CAGR of 4.40% in terms of revenue and 4.32% in terms of volume for the forecasting period of 2019-2027.
Following are the countries that are included in the process oil market analysis of the Middle East and Africa region:
• Saudi Arabia
• Turkey
• The United Arab Emirates
• South Africa
• Rest of Middle East & Africa
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The Middle East and Africa process oil market is driven by the increasing demand for synthetic rubber, which is used in the tire manufacturing process. The rising sales of automobiles, such as luxury cars and passenger vehicles, is resulting in the demand for rubber process oil, which is contributing to the market growth. The rubber process oil helps in improving the flow characteristics of compounds and the dispersion of fillers during processing. Rubber products account for around 5% of the total vehicle weight and provide the effective quality and safety of the motor vehicles.
For instance, Saudi Arabia Basic Industries Corporation is one of the largest chemical companies in the world in terms of revenue. The company has made a significant investment and announced a joint venture with ExxonMobil to establish a synthetic rubber manufacturing plant in the country. This collaboration is further predicted to increase the process oil market growth. Moreover, the Turkish automobile sector has a considerable share of global investments. Thus, the rising automotive sector and demand for processed oil are the factors that expected to boost the process oil market in the country.
ExxonMobil Chemical Company engages with the production and supply of petrochemical products for the customers. The company deals with polymers such as polypropylene, polyethylene, polymer modifiers, tackifying resins, specialty elastomers, and butyl polymers. It also offers chemicals and fluids such as hydrocarbon and oxygenated fluids, plasticizers, lubricant base stocks, and synthetic fluids. For example, LLDPE provides balanced toughness and stiffness.
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VIEW REPORT1. MIDDLE
EAST AND AFRICA PROCESS OIL MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. PORTER’S
FIVE FORCES MODEL
2.2.1. BARGAINING
POWER OF BUYERS
2.2.2. BARGAINING
POWER OF SUPPLIERS
2.2.3. THREAT
OF NEW ENTRANTS
2.2.4. THREAT
OF SUBSTITUTES
2.2.5. THREAT
OF RIVALRY
2.3. MARKET
TRENDS
2.4. MARKET
SHARE OUTLOOK
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. KEY
INSIGHT
2.7. MARKET
DRIVERS
2.7.1. INCREASING
DEMAND FOR PROCESS OIL IN THE TEXTILE INDUSTRY
2.7.2. GROWING
PERSONAL CARE INDUSTRY
2.7.3. RISING
VEHICULAR PRODUCTION AND GROWING AUTOMOTIVE SECTOR
2.8. MARKET
RESTRAINTS
2.8.1. RESTRICTIONS
IN THE USAGE OF POLYCYCLIC AROMATIC HYDROCARBON (PAH)
2.8.2. EMERGENCE
OF DRY-TYPE TRANSFORMERS
2.9. MARKET
OPPORTUNITIES
2.9.1. OPPORTUNITIES
PRESENTED BY ADHERING TO THE USAGE OF LOW POLYAROMATIC HYDROCARBON (PAH) OILS
2.10.
MARKET CHALLENGES
2.10.1.
FLUCTUATING RAW MATERIAL PRICES
2.10.2.
CHANGING CRUDE OIL PRICES
3. PROCESS
OIL MARKET OUTLOOK – BY TYPE
3.1. NAPHTHENIC
OIL
3.2. PARAFFIN
3.3. AROMATIC
3.4. NON-CARCINOGENIC
4. PROCESS
OIL MARKET OUTLOOK – BY APPLICATION
4.1. TIRE
& RUBBER
4.2. POLYMER
4.3. PERSONAL
CARE
4.4. TEXTILE
4.5. OTHER
APPLICATIONS
5. PROCESS
OIL MARKET – REGIONAL OUTLOOK
5.1. MIDDLE
EAST AND AFRICA
5.1.1. COUNTRY
ANALYSIS
5.1.1.1. SAUDI
ARABIA
5.1.1.2. TURKEY
5.1.1.3. UNITED
ARAB EMIRATES
5.1.1.4. SOUTH
AFRICA
5.1.1.5. REST
OF MIDDLE EAST & AFRICA
6. COMPANY
PROFILES
6.1. CHEVRON
CORPORATION
6.2. GAZPROM
6.3. GP
PETROLEUMS
6.4. APAR
INDUSTRIES LTD.
6.5. LANXESS
PROCESS OIL
6.6. ROYAL
DUTCH SHELL PLC
6.7. HINDUSTAN
PETROLEUM CORPORATION LTD.
6.8. HOLLYFRONTIER
REFINING & MARKETING INC.
6.9. CALUMET
SPECIALTY PRODUCTS PARTNERS, L.P.
6.10.
ERGON NORTH & SOUTH AMERICA
6.11.
TOTAL S.A.
6.12.
PETROCHINA COMPANY LTD.
6.13.
IDEMITSU KOSAN CO., LTD.
6.14.
EXXON MOBIL CHEMICAL COMPANY
6.15.
PETROBRAS
6.16.
REPSOL S.A.
6.17.
SASOL
6.18.
IRANOL COMPANY
6.19.
JX NIPPON OIL & GAS EXPLORATION
6.20.
NYNAS AB
6.21.
SUNOCO LP
6.22.
LUKOIL
6.23.
ORGKHIM BIOCHEMICAL HOLDING
6.24.
PANAMA PETROCHEM LTD.
6.25.
PETRONAS LUBRICANTS INTERNATIONAL
6.26.
ROSNEFT
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.1.1. OBJECTIVES
OF STUDY
7.1.2. SCOPE
OF STUDY
7.2. SOURCES
OF DATA
7.2.1. PRIMARY
DATA SOURCES
7.2.2. SECONDARY
DATA SOURCES
7.3. RESEARCH
METHODOLOGY
7.3.1. EVALUATION
OF PROPOSED MARKET
7.3.2. IDENTIFICATION
OF DATA SOURCES
7.3.3. ASSESSMENT
OF MARKET DETERMINANTS
7.3.4. DATA
COLLECTION
7.3.5. DATA
VALIDATION & ANALYSIS
TABLE 1 MIDDLE EAST AND AFRICA PROCESS OIL MARKET, 2019-2027 ($
MILLION)
TABLE 2 MIDDLE EAST AND AFRICA PROCESS OIL MARKET, 2019-2027
(KILOTONS)
TABLE 3 TYPE OF PROCESS OIL
TABLE 4 GROUPING AS PER REFINING PROCESS
TABLE 5 PROPERTIES OF LIGHT NEUTRAL BASE OILS
TABLE 6 CHARACTERISTICS OF TEMPERATURE ON VISCOSITY
TABLE 7 CARCINOGENIC CLASSIFICATIONS OF PAH COMPOUNDS BY SPECIFIC
AGENCIES
TABLE 8 MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY TYPE, 2019-2027
($ MILLION)
TABLE 9 COMPARISON OF DIFFERENT TYPES OF RUBBER PROCESS OIL
TABLE 10 MIDDLE EAST AND AFRICA PROCESS OIL MARKET,
BY TYPE, 2019-2027 (KILOTONS)
TABLE 11 MIDDLE EAST AND AFRICA PROCESS OIL MARKET,
BY APPLICATION, 2019-2027 ($ MILLION)
TABLE 12 PROCESS OIL PRODUCTS USED IN TEXTILE
INDUSTRIES
TABLE 13 PRODUCT TYPE FOR HOT MELT ADHESIVE
MANUFACTURING INDUSTRY
TABLE 14 MIDDLE EAST AND AFRICA PROCESS OIL MARKET,
BY COUNTRY, 2019-2027 ($ MILLION)
TABLE 15 MIDDLE EAST AND AFRICA PROCESS OIL MARKET,
BY COUNTRY, 2019-2027 (KILOTONS)
FIGURE 1 MIDDLE EAST AND AFRICA PROCESS OIL MARKET,
2019-2027 ($ MILLION)
FIGURE 2 MIDDLE EAST AND AFRICA PROCESS OIL MARKET,
2019-2027 (KILOTONS)
FIGURE 3 PROCESS OIL COMPANY MARKET SHARE OUTLOOK
2018 (%)
FIGURE 4 MIDDLE EAST AND AFRICA PROCESS OIL MARKET,
BY NAPHTHENIC OIL, 2019-2027 ($ MILLION)
FIGURE 5 MIDDLE EAST AND AFRICA PROCESS OIL MARKET,
BY NAPHTHENIC OIL, 2019-2027 (KILOTONS)
FIGURE 6 MIDDLE EAST AND AFRICA PROCESS OIL MARKET,
BY PARAFFIN, 2019-2027 ($ MILLION)
FIGURE 7 MIDDLE EAST AND AFRICA PROCESS OIL MARKET,
BY PARAFFIN, 2019-2027 (KILOTONS)
FIGURE 8 MIDDLE EAST AND AFRICA PROCESS OIL MARKET,
BY AROMATIC, 2019-2027 ($ MILLION)
FIGURE 9 MIDDLE EAST AND AFRICA PROCESS OIL MARKET,
BY AROMATIC, 2019-2027 (KILOTONS)
FIGURE 10 MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY
NON-CARCINOGENIC, 2019-2027 ($ MILLION)
FIGURE 11 MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY
NON-CARCINOGENIC, 2019-2027 (KILOTONS)
FIGURE 12 MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY
TIRE & RUBBER, 2019-2027 ($ MILLION)
FIGURE 13 MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY
POLYMER, 2019-2027 ($ MILLION)
FIGURE 14 MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY
PERSONAL CARE, 2019-2027 ($ MILLION)
FIGURE 15 MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY
TEXTILE, 2019-2027 ($ MILLION)
FIGURE 16 MIDDLE EAST AND AFRICA PROCESS OIL MARKET, BY
OTHER APPLICATION, 2019-2027 ($ MILLION)
FIGURE 17 SAUDI ARABIA PROCESS OIL MARKET, 2019-2027 ($
MILLION)
FIGURE 18 SAUDI ARABIA PROCESS OIL MARKET, 2019-2027
(KILOTONS)
FIGURE 19 TURKEY PROCESS OIL MARKET, 2019-2027 ($
MILLION)
FIGURE 20 TURKEY PROCESS OIL MARKET, 2019-2027
(KILOTONS)
FIGURE 21 UNITED ARAB EMIRATES PROCESS OIL MARKET,
2019-2027 ($ MILLION)
FIGURE 22 UNITED ARAB EMIRATES PROCESS OIL MARKET,
2019-2027 (KILOTONS)
FIGURE 23 SOUTH AFRICA PROCESS OIL MARKET, 2019-2027 ($
MILLION)
FIGURE 24 SOUTH AFRICA PROCESS OIL MARKET, 2019-2027
(KILOTONS)
FIGURE 25 REST OF MIDDLE EAST & AFRICA PROCESS OIL
MARKET, 2019-2027 ($ MILLION)
FIGURE 26 REST OF MIDDLE EAST & AFRICA PROCESS OIL
MARKET, 2019-2027 (KILOTONS)