Rubber Process Oil Market Size Analysis

The Rubber Process Oil Market size was valued at USD 2.43 billion in 2024 and is expected to reach USD 3.40 billion by 2032, growing at a CAGR of 4.28% over the forecast period of 2025-2032.

The rubber process oil industry is undergoing significant transformation with advanced materials and formulations emphasizing eco-friendliness and worker safety. Aromatic and paraffinic rubber process oils are increasingly used in tires, flooring, and sealants. In February 2024, Nynas AB launched a renewable-feedstock rubber process oil, marking a key shift in market trends. Under the 2024 TSCA Chemical Data Reporting rule, over 20 producers must now disclose rubber process oil volumes, enhancing transparency. Additionally, in November 2023, the U.S. EPA proposed amendments to NESHAP for tire manufacturing to reduce hazardous air pollutants. These technological innovations and regulatory changes are shaping market growth, influencing company strategies, and driving the evolution of the global rubber process oil market.

Rubber Process Oil Market Drivers

  • Rising adoption of electric vehicles spurs demand for high-performance process oils in tire manufacturing

Growth of Electric vehicles Demand for High-performance Rubber Compounds with Aromatic Rubber Process oil and Paraffinic Process oil. The U.S. Department of Energy also noted a 60% increase in EV sales in 2023 and increased tire specifications. This would ultimately reinforce the rubber process oil market size for automotive applications, leading to the growth of the rubber process oil market. Rubber Process Oils manufacturers are focusing on innovations to meet evolving demand for EV tires, influencing rubber process oil industry trends and global Process Oil Industry dynamics.

  • Innovation in bio-based paraffinic process oil fuels sustainable growth in the rubber process oil market

Development in bio-based paraffinic process oil is influencing the rubber process oil industry trends. Renewable rubber process oil was introduced in 2024 by Nynas AB, aiming at eco-friendly applications. Production scale-out is facilitated by USDA bio-refining programs. These transformations drive changes in the size of the rubber process oil market and rubber process oil companies. This trend is further supporting the transition in process oils market from petroleum based to green substitutes which will drive the global rubber process oil market growth for next 5 years.

Rubber Process Oil Market Restraints

  • Limited availability of high-quality base oils impedes paraffinic process oil production growth

The rubber process oil industry continues to face supply challenges on account of the scarcity of good-quality paraffinic oil, which is an essential base oil for rubber process oil. Shutdown of refineries in North America, as per the U.S. Department of Energy in 2023, had decreased production ability. This scarcity adversely affects rubber process oils manufacturers & limits rubber process oil market size. Lack of advanced refining infrastructure for process oils. The process oils market is dependent on advanced refining.

Rubber Process Oil Market Segment Highlights

  • By Product

In 2024, the aromatic segment dominated the rubber process oil market with a 50.3% share, widely used in tire manufacturing for its compatibility, elasticity, and durability. U.S. EPA regulations allow controlled use of low-PAH aromatic oils, sustaining their acceptance. Meanwhile, paraffinic rubber process oil is the fastest-growing segment, with a projected CAGR of 4.78% from 2025 to 2032, driven by demand for eco-friendly, low-aromatic oils. Supported by U.S. Department of Energy initiatives, innovations in renewable paraffinic oils by companies like Nynas AB are accelerating adoption, enabling rubber process oil manufacturers to meet sustainability goals while maintaining performance.

  • By Application

In 2024, the tire application dominated the rubber process oil market with a 52.3% share, driven by demand for durable, high-performance tires requiring aromatic oils for flexibility and heat resistance. U.S. EPA regulations allow compliant oil use, and companies invest in specialty oils to enhance tire life and safety. Flooring is the fastest-growing segment, projected at a 5.81% CAGR from 2025 to 2032, fueled by demand for flexible, durable solutions using paraffinic oils. Innovations in sustainable, bio-based oils and supportive green initiatives are driving adoption, enabling manufacturers to expand market share with tailored formulations for flooring.

Rubber Process Oil Market Regional Analysis

Asia Pacific Rubber Process Oil Market Insights

Asia Pacific holds a dominant 46.7% share in the rubber process oil market, driven by rapid industrialization and robust automotive sectors in China, India, and Japan. The region’s large-scale tire production sustains demand for aromatic rubber process oil, while government-backed green initiatives are boosting the shift toward bio-based paraffinic process oil. China leads this growth, supported by policies from the Ministry of Industry and Information Technology and increased investments in renewable feedstocks and refining technologies, reinforcing Asia Pacific’s leadership in the global rubber process oil market trends and growth.

Europe Rubber Process Oil Market Insights

Europe is the second-largest and fastest-growing region in the rubber process oil market, with a 20.1% share and the highest CAGR of 4.86% during the forecast period of 2025 to 2032. The growth is driven by stringent environmental regulations such as REACH and the EU's push for sustainability. The European Chemicals Agency (ECHA) promotes the reduction of polycyclic aromatic hydrocarbons (PAHs), encouraging a shift toward paraffinic process oil. Germany leads the region due to its robust automotive industry and commitment to environmental standards. The German Federal Environment Agency advocates for low-PAH and renewable alternatives, positioning Germany as a key force in regional and global rubber process oil market growth and innovation.

North America Rubber Process Oil Market Insights

North America holds the third-largest share of 18.5% in the rubber process oil market due to its well-established automotive and tire industries that rely heavily on both aromatic rubber process oil and paraffinic process oil. Regulatory frameworks like the U.S. EPA’s NESHAP amendments implemented in 2023 drive cleaner production processes, encouraging innovation and compliance among rubber process oils companies. This regulatory focus fuels rubber process oil market growth and shapes process oils market trends, positioning North America as a stable yet evolving market within the global landscape.

  • U.S. Rubber Process Oil Market Insights

The U.S. leads North America’s rubber process oil market with a market size of USD 321.14 million, with a market share of about 71% in 2024, and is projected to reach a value of USD 440.48 million by 2032. The dominance is driven by its extensive automotive manufacturing base and stringent environmental policies. The EPA’s 2023 NESHAP amendments enforce stricter emissions controls on hazardous air pollutants from tire manufacturing, accelerating the shift toward low-aromatic and paraffinic process oils. According to EPA data, major U.S.-based rubber process oils companies are investing in sustainable formulations to meet regulatory requirements, thereby supporting the rubber process oil market size and growth. This makes the U.S. a critical hub in the global process oils market.

Latin America Rubber Process Oil Market Insights

The Latin America aromatic solvents market is witnessing steady growth, driven by the expanding paints, coatings, adhesives, and chemical industries in countries such as Brazil, Mexico, and Argentina. Industrialization, urbanization, and rising construction activities are fueling demand for aromatic solvents in coatings and adhesives applications. Regulatory frameworks emphasizing environmental safety and low-VOC emissions are encouraging the adoption of cleaner and more sustainable aromatic solvent solutions. Local manufacturers and multinational companies are investing in advanced formulations and distribution networks to strengthen their market presence. Additionally, growing automotive production and infrastructure projects are expected to further boost demand over the forecast period.

Middle East & Africa Rubber Process Oil Market Insights

The Middle East & Africa aromatic solvents market is driven by increasing industrialization, oil & gas processing, and chemical manufacturing across the GCC countries, South Africa, and Egypt. Aromatic solvents are widely used in paints, coatings, and industrial cleaning applications, supporting regional infrastructure and construction growth. Rising awareness of environmental regulations and VOC emission limits is promoting the adoption of eco-friendly and compliant solvent solutions. Market growth is also supported by investments from global chemical manufacturers establishing production facilities and partnerships. The demand for high-performance solvents in automotive, construction, and manufacturing sectors is expected to sustain market expansion through the forecast period.

Competitive Landscape for Rubber Process Oil Market:

Nynas AB was founded in 1928 and is headquartered in Stockholm, Sweden. Nynas AB specializes in naphthenic specialty oils and bitumen products. Their offerings include process oils for rubber, adhesives, and printing inks, as well as transformer and base oils. Nynas operates globally, supplying high-performance solutions tailored to customer needs.

  • In July 2025, Nynas announced that 87% of its customers view the company as a reliable partner, underscoring its commitment to sustainability and customer satisfaction.

Ergon, Inc. was established in 1954 and is based in Flowood, Mississippi. Ergon, Inc. is a family-owned company engaged in crude oil processing, specialty oils, asphalt, and petrochemical production. Through its subsidiary, Process Oils Inc., Ergon offers naphthenic and paraffinic oils, including low-PAH alternatives, catering to various industrial applications.

  • In March 2025, Ergon announced a $400 million expansion of its Vicksburg operations, adding gasoline production capabilities and creating 20 new jobs.

H&R Group was founded in 1919 and is headquartered in Hamburg, Germany. H&R Group is a leading manufacturer of mineral oil specialties, including white oils, petroleum jellies, paraffin waxes, lubricants, and process oils. Their products serve industries such as rubber, plastics, and pharmaceuticals, with a strong focus on sustainability and innovation.

  • In August 2025, H&R Malaysia participated in the International Rubber Industry Convention and Expo (IRICE) 2025 in Kuala Lumpur, showcasing their latest offerings in process oils and reinforcing their commitment to the rubber industry.

Rubber Process Oil Market Key Players

  • Nynas AB

  • Ergon, Inc.

  • H&R Group (Hansen & Rosenthal)

  • Apar Industries Ltd.

  • Panama Petrochem Ltd.

  • Raj Petro Specialities Pvt. Ltd.

  • Behran Oil Company

  • Sinopec Lubricant Company

  • Savita Oil Technologies Ltd.

  • Witmans Group

  • Wax India

  • RDR Energy

  • Adinath Chemicals

  • RLS Petro

  • Paramo

  • HollyFrontier Specialty Products

  • Calumet

  • Emery Oleochemicals

  • Chemoxy International Ltd

  • Fuchs SE

Rubber Process Oil Market Report Scope:

Report Attributes Details
Market Size in 2024 USD 2.43 Billion
Market Size by 2032 USD 3.40 Billion
CAGR CAGR of 4.28% From 2025 to 2032
Base Year 2024
Forecast Period 2025-2032
Historical Data 2021-2023
Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments •By Product (Aromatic, Paraffinic, Naphthenic, Others)
•By Application (Tyre, Footwear, Wire & Cable Covering, Flooring Materials, Paints & Coatings, Adhesive & Sealants, and Others)
Regional Analysis/Coverage North America (U.S., Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, Turkey, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles

Nynas AB, Ergon, Inc., H&R Group (Hansen & Rosenthal), Apar Industries Ltd., Panama Petrochem Ltd., Raj Petro Specialities Pvt. Ltd., Behran Oil Company, Sinopec Lubricant Company, Savita Oil Technologies Ltd., Witmans Group, Wax India, RDR Energy, Adinath Chemicals, RLS Petro, Paramo, HollyFrontier Specialty Products, Calumet, Emery Oleochemicals, Chemoxy International Ltd, and Fuchs SE

Table Of Contents

1. Introduction

1.1 Market Definition & Scope

 1.2 Research Assumptions & Abbreviations

 1.3 Research Methodology

2. Executive Summary

2.1 Market Snapshot

 2.2 Market Absolute $ Opportunity Assessment & Y-o-Y Analysis, 2021–2032

 2.3 Market Size & Forecast, By Segmentation, 2021–2032

  2.3.1 Market Size By Product

  2.3.2 Market Size By Application

 2.4 Market Share & Bps Analysis By Region, 2024

 2.5 Industry Growth Scenarios – Conservative, Likely & Optimistic

 2.6 Industry CxO’s Perspective

3. Market Overview

3.1 Market Dynamics

  3.1.1 Drivers

  3.1.2 Restraints

  3.1.3 Opportunities

  3.1.4 Key Market Trends

 3.2 Industry PESTLE Analysis

 3.3 Key Industry Forces (Porter’s) Impacting Market Growth

 3.4 Industry Supply Chain Analysis

  3.4.1 Raw Material Suppliers

  3.4.2 Manufacturers

  3.4.3 Distributors/Suppliers

  3.4.4 Customers/End-Users

 3.5 Industry Life Cycle Assessment

 3.6 Parent Market Overview

 3.7 Market Risk Assessment

4. Statistical Insights & Trends Reporting

4.1 Pricing Analysis & Forecast

  4.1.1 Overview

  4.1.2 Pricing Analysis & Forecast By Product, 2021–2032

  4.1.3 Price Benchmarking By Key Players, 2024

 4.2 Regulatory Landscape

  4.2.1 Overview

  4.2.2 Regulatory Trends By Key Countries

  4.2.3 Regulatory Outlook By Product Type

 4.3 Trade Analysis

  4.3.1 Overview

  4.3.2 Import Analysis (Value & Volume), By Country, 2021–2024

  4.3.3 Export Analysis (Value & Volume), By Country, 2021–2024

  4.3.4 Major Importing Countries

  4.3.5 Major Exporting Countries

5. Rubber Process Oil Market Segmental Analysis & Forecast, By Product, 2021 – 2032, Value (USD Billion) & Volume

5.1 Introduction

 5.2 Aromatic

  5.2.1 Key Trends

  5.2.2 Market Size & Forecast, 2021 – 2032

 5.3 Paraffinic

  5.3.1 Key Trends

  5.3.2 Market Size & Forecast, 2021 – 2032

 5.4 Naphthenic

  5.4.1 Key Trends

  5.4.2 Market Size & Forecast, 2021 – 2032

 5.5 Others

  5.5.1 Key Trends

  5.5.2 Market Size & Forecast, 2021 – 2032

6. Rubber Process Oil Market Segmental Analysis & Forecast, By Application, 2021 – 2032, Value (USD Billion) & Volume

    6.1 Introduction

 6.2 Tyre

  6.2.1 Key Trends

  6.2.2 Market Size & Forecast, 2021 – 2032

 6.3 Footwear

  6.3.1 Key Trends

  6.3.2 Market Size & Forecast, 2021 – 2032

 6.4 Wire & Cable Covering

  6.4.1 Key Trends

  6.4.2 Market Size & Forecast, 2021 – 2032

 6.5 Flooring Materials

  6.5.1 Key Trends

  6.5.2 Market Size & Forecast, 2021 – 2032

 6.6 Paints & Coatings

  6.6.1 Key Trends

  6.6.2 Market Size & Forecast, 2021 – 2032

 6.7 Adhesive & Sealants

  6.7.1 Key Trends

  6.7.2 Market Size & Forecast, 2021 – 2032

 6.8 Others

  6.8.1 Key Trends

  6.8.2 Market Size & Forecast, 2021 – 2032

7. Rubber Process Oil Market Segmental Analysis & Forecast By Region, 2021 – 2025, Value (USD Billion) & Volume

7.1 Introduction

7.2 North America

 7.2.1 Key Trends

 7.2.2 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

 7.2.3 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

 7.2.4 Rubber Process Oil Market Size & Forecast, By Country, 2021 – 2032

  7.2.4.1 USA

   7.2.4.1.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.2.4.1.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.2.4.2 Canada

   7.2.4.2.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.2.4.2.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

7.3 Europe

 7.3.1 Key Trends

 7.3.2 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

 7.3.3 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

 7.3.4 Rubber Process Oil Market Size & Forecast, By Country, 2021 – 2032

  7.3.4.1 Germany

   7.3.4.1.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.3.4.1.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.3.4.2 UK

   7.3.4.2.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.3.4.2.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.3.4.3 France

   7.3.4.3.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.3.4.3.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.3.4.4 Italy

   7.3.4.4.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.3.4.4.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.3.4.5 Spain

   7.3.4.5.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.3.4.5.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.3.4.6 Russia

   7.3.4.6.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.3.4.6.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.3.4.7 Poland

   7.3.4.7.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.3.4.7.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.3.4.8 Rest of Europe

   7.3.4.8.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.3.4.8.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

7.4 Asia-Pacific

 7.4.1 Key Trends

 7.4.2 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

 7.4.3 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

 7.4.4 Rubber Process Oil Market Size & Forecast, By Country, 2021 – 2032

  7.4.4.1 China

   7.4.4.1.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.4.4.1.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.4.4.2 India

   7.4.4.2.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.4.4.2.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.4.4.3 Japan

   7.4.4.3.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.4.4.3.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.4.4.4 South Korea

   7.4.4.4.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.4.4.4.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.4.4.5 Australia

   7.4.4.5.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.4.4.5.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.4.4.6 ASEAN Countries

   7.4.4.6.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.4.4.6.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.4.4.7 Rest of Asia-Pacific

   7.4.4.7.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.4.4.7.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

7.5 Latin America

 7.5.1 Key Trends

 7.5.2 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

 7.5.3 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

 7.5.4 Rubber Process Oil Market Size & Forecast, By Country, 2021 – 2032

  7.5.4.1 Brazil

   7.5.4.1.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.5.4.1.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.5.4.2 Argentina

   7.5.4.2.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.5.4.2.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.5.4.3 Mexico

   7.5.4.3.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.5.4.3.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.5.4.4 Colombia

   7.5.4.4.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.5.4.4.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.5.4.5 Rest of Latin America

   7.5.4.5.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.5.4.5.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

7.6 Middle East & Africa

 7.6.1 Key Trends

 7.6.2 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

 7.6.3 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

 7.6.4 Rubber Process Oil Market Size & Forecast, By Country, 2021 – 2032

  7.6.4.1 UAE

   7.6.4.1.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.6.4.1.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.6.4.2 Saudi Arabia

   7.6.4.2.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.6.4.2.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.6.4.3 Qatar

   7.6.4.3.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.6.4.3.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.6.4.4 Egypt

   7.6.4.4.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.6.4.4.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.6.4.5 South Africa

   7.6.4.5.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.6.4.5.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

  7.6.4.6 Rest of Middle East & Africa

   7.6.4.6.1 Rubber Process Oil Market Size & Forecast, By Product, 2021 – 2032

   7.6.4.6.2 Rubber Process Oil Market Size & Forecast, By Application, 2021 – 2032

8. Competitive Landscape

 8.1 Key Players' Positioning

 8.2 Competitive Developments

  8.2.1 Key Strategies Adopted (%), By Key Players, 2024

  8.2.2 Year-Wise Strategies & Development, 2021 – 2025

  8.2.3 Number Of Strategies Adopted By Key Players, 2024

 8.3 Market Share Analysis, 2024

 8.4 Product/Service & Application Benchmarking

  8.4.1 Product/Service Specifications & Features By Key Players

  8.4.2 Product/Service Heatmap By Key Players

  8.4.3 Application Heatmap By Key Players

 8.5 Industry Start-Up & Innovation Landscape

8.6 Key Company Profiles

 8.6.1 Nynas AB

  8.6.1.1 Company Overview & Snapshot

  8.6.1.2 Product/Service Portfolio

  8.6.1.3 Key Company Financials

  8.6.1.4 SWOT Analysis

 8.6.2 Ergon, Inc.

  8.6.2.1 Company Overview & Snapshot

  8.6.2.2 Product/Service Portfolio

  8.6.2.3 Key Company Financials

  8.6.2.4 SWOT Analysis

 8.6.3 H&R Group (Hansen & Rosenthal)

  8.6.3.1 Company Overview & Snapshot

  8.6.3.2 Product/Service Portfolio

  8.6.3.3 Key Company Financials

  8.6.3.4 SWOT Analysis

 8.6.4 Apar Industries Ltd.

  8.6.4.1 Company Overview & Snapshot

  8.6.4.2 Product/Service Portfolio

  8.6.4.3 Key Company Financials

  8.6.4.4 SWOT Analysis

 8.6.5 Panama Petrochem Ltd.

  8.6.5.1 Company Overview & Snapshot

  8.6.5.2 Product/Service Portfolio

  8.6.5.3 Key Company Financials

  8.6.5.4 SWOT Analysis

 8.6.6 Raj Petro Specialities Pvt. Ltd.

  8.6.6.1 Company Overview & Snapshot

  8.6.6.2 Product/Service Portfolio

  8.6.6.3 Key Company Financials

  8.6.6.4 SWOT Analysis

 8.6.7 Behran Oil Company

  8.6.7.1 Company Overview & Snapshot

  8.6.7.2 Product/Service Portfolio

  8.6.7.3 Key Company Financials

  8.6.7.4 SWOT Analysis

 8.6.8 Sinopec Lubricant Company

  8.6.8.1 Company Overview & Snapshot

  8.6.8.2 Product/Service Portfolio

  8.6.8.3 Key Company Financials

  8.6.8.4 SWOT Analysis

 8.6.9 Savita Oil Technologies Ltd.

  8.6.9.1 Company Overview & Snapshot

  8.6.9.2 Product/Service Portfolio

  8.6.9.3 Key Company Financials

  8.6.9.4 SWOT Analysis

 8.6.10 Witmans Group

  8.6.10.1 Company Overview & Snapshot

  8.6.10.2 Product/Service Portfolio

  8.6.10.3 Key Company Financials

  8.6.10.4 SWOT Analysis

 8.6.11 Wax India

  8.6.11.1 Company Overview & Snapshot

  8.6.11.2 Product/Service Portfolio

  8.6.11.3 Key Company Financials

  8.6.11.4 SWOT Analysis

 8.6.12 RDR Energy

  8.6.12.1 Company Overview & Snapshot

  8.6.12.2 Product/Service Portfolio

  8.6.12.3 Key Company Financials

  8.6.12.4 SWOT Analysis

 8.6.13 Adinath Chemicals

  8.6.13.1 Company Overview & Snapshot

  8.6.13.2 Product/Service Portfolio

  8.6.13.3 Key Company Financials

  8.6.13.4 SWOT Analysis

 8.6.14 RLS Petro

  8.6.14.1 Company Overview & Snapshot

  8.6.14.2 Product/Service Portfolio

  8.6.14.3 Key Company Financials

  8.6.14.4 SWOT Analysis

 8.6.15 Paramo

  8.6.15.1 Company Overview & Snapshot

  8.6.15.2 Product/Service Portfolio

  8.6.15.3 Key Company Financials

  8.6.15.4 SWOT Analysis

 8.6.16 HollyFrontier Specialty Products

  8.6.16.1 Company Overview & Snapshot

  8.6.16.2 Product/Service Portfolio

  8.6.16.3 Key Company Financials

  8.6.16.4 SWOT Analysis

 8.6.17 Calumet

  8.6.17.1 Company Overview & Snapshot

  8.6.17.2 Product/Service Portfolio

  8.6.17.3 Key Company Financials

  8.6.17.4 SWOT Analysis

 8.6.18 Emery Oleochemicals

  8.6.18.1 Company Overview & Snapshot

  8.6.18.2 Product/Service Portfolio

  8.6.18.3 Key Company Financials

  8.6.18.4 SWOT Analysis

 8.6.19 Chemoxy International Ltd

  8.6.19.1 Company Overview & Snapshot

  8.6.19.2 Product/Service Portfolio

  8.6.19.3 Key Company Financials

  8.6.19.4 SWOT Analysis

 8.6.20 Fuchs SE

  8.6.20.1 Company Overview & Snapshot

  8.6.20.2 Product/Service Portfolio

  8.6.20.3 Key Company Financials

  8.6.20.4 SWOT Analysis

9. Analyst Recommendations

 9.1 SNS Insider Opportunity Map

 9.2 Industry Low-Hanging Fruit Assessment

 9.3 Market Entry & Growth Strategy

 9.4 Analyst Viewpoint & Suggestions On Market Growth

10. Assumptions

11. Disclaimer

12. Appendix

 12.1 List Of Tables

 12.2 List Of Figures

Key Market Segments: 

By Product

  • Aromatic

  • Paraffinic

  • Naphthenic

  • Others

By Application

  • Tyre

  • Footwear

  • Wire & Cable Covering

  • Flooring Materials

  • Paints & Coatings

  • Adhesive & Sealants

  • Others

Request for Segment Customization as per your Business Requirement: Segment Customization Request

Regional Coverage: 

North America

  • US

  • Canada

  • Mexico

Europe

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Poland

  • Turkey

  • Rest of Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • UAE

  • Saudi Arabia

  • Qatar

  • South Africa

  • Rest of Middle East & Africa

Latin America

  • Brazil

  • Argentina

  • Rest of Latin America

Request for Country Level Research Report: Country Level Customization Request

Available Customization 

With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report: 

  • Detailed Volume Analysis 

  • Criss-Cross segment analysis (e.g. Product X Application) 

  • Competitive Product Benchmarking 

  • Geographic Analysis 

  • Additional countries in any of the regions 

  • Customized Data Representation 

  • Detailed analysis and profiling of additional market players

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.