Base Oil Global Market Report 2025

Base Oil Global Market Report 2025

Including: 1) By Type: Mineral; Synthetic; Bio-Based2) By Group: Group I; Group II; Group III; Group IV; Group V3) By Application: Automotive Oil; Industrial Oil; Metalworking Fluid; Greases; Hydraulic OilCovering: Chevron Corporation; Exxon Mobil Corporation; Shell PLC; Ergon Inc.; Neste Oyj


Base Oil Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on base oil market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description:

Where is the largest and fastest growing market for base oil ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The base oil market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope

Markets Covered:1) By Type: Mineral; Synthetic; Bio-Based

2) By Group: Group I; Group II; Group III; Group IV; Group V

3) By Application: Automotive Oil; Industrial Oil; Metalworking Fluid; Greases; Hydraulic Oil; Other Applications

Subsegments:

1) By Mineral Base: Paraffinic; Naphthenic; Aromatic

2) By Synthetic Base: Polyalphaolefins (PAO); Esters; Group III Oils

3) By Bio-Based Base: Vegetable Oils; Animal Fats; Bio-Synthetic Oils

Companies Mentioned: Chevron Corporation; Exxon Mobil Corporation; Shell PLC; Ergon Inc.; Neste Oyj

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.


1. Executive Summary
2. Base Oil Market Characteristics
3. Base Oil Market Trends And Strategies
4. Base Oil Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market
5. Global Base Oil Growth Analysis And Strategic Analysis Framework
5.1. Global Base Oil PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Base Oil Market Growth Rate Analysis
5.4. Global Base Oil Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Base Oil Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Base Oil Total Addressable Market (TAM)
6. Base Oil Market Segmentation
6.1. Global Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Mineral
Synthetic
Bio-Based
6.2. Global Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Group I
Group II
Group III
Group IV
Group V
6.3. Global Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Automotive Oil
Industrial Oil
Metalworking Fluid
Greases
Hydraulic Oil
Other Applications
6.4. Global Base Oil Market, Sub-Segmentation Of Mineral Base, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Paraffinic
Naphthenic
Aromatic
6.5. Global Base Oil Market, Sub-Segmentation Of Synthetic Base, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Polyalphaolefins (PAO)
Esters
Group III Oils
6.6. Global Base Oil Market, Sub-Segmentation Of Bio-Based Base, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Vegetable Oils
Animal Fats
Bio-Synthetic Oils
7. Base Oil Market Regional And Country Analysis
7.1. Global Base Oil Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Base Oil Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Base Oil Market
8.1. Asia-Pacific Base Oil Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Base Oil Market
9.1. China Base Oil Market Overview
9.2. China Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Base Oil Market
10.1. India Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Base Oil Market
11.1. Japan Base Oil Market Overview
11.2. Japan Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Base Oil Market
12.1. Australia Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Base Oil Market
13.1. Indonesia Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Base Oil Market
14.1. South Korea Base Oil Market Overview
14.2. South Korea Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Base Oil Market
15.1. Western Europe Base Oil Market Overview
15.2. Western Europe Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Base Oil Market
16.1. UK Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Base Oil Market
17.1. Germany Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Base Oil Market
18.1. France Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Base Oil Market
19.1. Italy Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Base Oil Market
20.1. Spain Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Base Oil Market
21.1. Eastern Europe Base Oil Market Overview
21.2. Eastern Europe Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Base Oil Market
22.1. Russia Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Base Oil Market
23.1. North America Base Oil Market Overview
23.2. North America Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Base Oil Market
24.1. USA Base Oil Market Overview
24.2. USA Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Base Oil Market
25.1. Canada Base Oil Market Overview
25.2. Canada Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Base Oil Market
26.1. South America Base Oil Market Overview
26.2. South America Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Base Oil Market
27.1. Brazil Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Base Oil Market
28.1. Middle East Base Oil Market Overview
28.2. Middle East Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Base Oil Market
29.1. Africa Base Oil Market Overview
29.2. Africa Base Oil Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Base Oil Market, Segmentation By Group, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Base Oil Market Competitive Landscape And Company Profiles
30.1. Base Oil Market Competitive Landscape
30.2. Base Oil Market Company Profiles
30.2.1. Chevron Corporation Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Exxon Mobil Corporation Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Shell PLC Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Ergon Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Neste Oyj Overview, Products and Services, Strategy and Financial Analysis
31. Base Oil Market Other Major And Innovative Companies
31.1. Nynas AB
31.2. S-OIL Corporation
31.3. Sepahan Oil
31.4. Repsol S.A.
31.5. China Petroleum & Chemical Corporation (SINOPEC)
31.6. BP PLC
31.7. Evonik Industries AG
31.8. H&R Group
31.9. Saudi Aramco
31.10. SK Lubricants Co. Ltd.
31.11. Dodge
31.12. DYM Resources GmbH
31.13. Gazprom Neft PJSC
31.14. Gulf Petrochem Group
31.15. GS Caltex Corporation
32. Global Base Oil Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Base Oil Market
34. Recent Developments In The Base Oil Market
35. Base Oil Market High Potential Countries, Segments and Strategies
35.1 Base Oil Market In 2029 - Countries Offering Most New Opportunities
35.2 Base Oil Market In 2029 - Segments Offering Most New Opportunities
35.3 Base Oil Market In 2029 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer

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