Global Residual Aromatic Extract Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Residual Aromatic Extract Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Residual Aromatic Extract (RAE) is a high viscosity aromatic process oil made from a residual oil fraction and is one kind of environmentally rubber process oil. It is used as extender oils in rubber and tyres.

According to our (Global Info Research) latest study, the global Residual Aromatic Extract market size was valued at US$ 151 million in 2023 and is forecast to a readjusted size of USD 173 million by 2030 with a CAGR of 1.9% during review period.

Top 3 residual aromatic extract players in Global Market are Shell, H&R Gruop and Eni S.p.A, hold a share around 50%. Europe is the largest market, occupied for around 40 percent, followed around 35% market share for Asia-Pacific. In terms of application, tyre is the largest downstream market with a share about 90%.

This report is a detailed and comprehensive analysis for global Residual Aromatic Extract market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Residual Aromatic Extract market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2019-2030

Global Residual Aromatic Extract market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2019-2030

Global Residual Aromatic Extract market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2019-2030

Global Residual Aromatic Extract market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Residual Aromatic Extract

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Residual Aromatic Extract market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Shell, H&R Group, Eni S.p.A., Repsol, Orgkhim Biochemical Holdings, Total, HollyFrontier, IRPC, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Residual Aromatic Extract market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
High Content Polycyclic Arematic Hydrocarbon(PAH)
Low Content Polycyclic Arematic Hydrocarbon(PAH)

Market segment by Application
Tyre
Non-Tyre

Major players covered
Shell
H&R Group
Eni S.p.A.
Repsol
Orgkhim Biochemical Holdings
Total
HollyFrontier
IRPC

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Residual Aromatic Extract product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Residual Aromatic Extract, with price, sales quantity, revenue, and global market share of Residual Aromatic Extract from 2019 to 2024.

Chapter 3, the Residual Aromatic Extract competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Residual Aromatic Extract breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Residual Aromatic Extract market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Residual Aromatic Extract.

Chapter 14 and 15, to describe Residual Aromatic Extract sales channel, distributors, customers, research findings and conclusion.