Rubber Process Oil Market - Forecast(2024 - 2030)

Report Code: CMR 34109 Report Format: PDF + Excel
Rubber Process Oil Market Overview

Rubber Process Oil Market size is forecast to reach $2.11 billion by 2025, after growing at a CAGR of 3.87% during 2020-2025. With the rise in in automotive, aviation and other industries the demand for Rubber process oil market will grow as, Rubbers are commercially used to manufacture products ranging from rubber bands and toys to large-sized tires of automotive vehicles as well as aircraft. Growing public interest towards sustainable and environment-friendly products will further create small hurdles for Rubber Process oil during the forecast period.

Report Coverage

The report: “Rubber Process Oil Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Rubber Process Oil Industry. 

By Product – Aromatic Rubber Process Oil, Paraffinic Rubber Process Oil, Naphthenic Rubber Process Oil, Others.
By End Use – Automotive, Aviation, Consumer Goods, Adhesives & Sealants, Pharmaceutical, Paints & Coatings, Others.
By Geography – North America, South America, Europe, APAC, RoW.

Key Takeaways
  • Asia-Pacific dominates the Rubber Process oil market owing to increasing demand from various end use such as automotive, aviation, among others. 
  • The growing demand from automotive industry, is likely to aid in the market growth of Rubber Process oil.
  • Rubber process oils (RPO) function as internal lubricants, improve the blending of the rubber formulations, facilitate the incorporation of fillers and other additives, owing to this, the market demand for Rubber Process oil will grow in the near future.
  • Impact of Covid 19 will create small hurdles for the rubber process oil market.
Product - Segment Analysis

Aromatic rubber process oil segment holds the largest share in the Rubber Process oil market. Aromatic Oils are generally dark in colour & has good solvency and compatible with wide range of rubbers such as NR, SBR, and PBR. It is suitable to be used in the manufacture of automotive & OTR tyre, beltings, mats, molded rubber parts and others. The primary characteristics of aromatic hydrocarbons are the presence of the double bonded mix ring carbon structure. The primary characteristics of aromatic hydrocarbons is that the presence of the double bonded combine ring carbon structure. Aromatic extracts procured from selected refineries and suitably blended to fulfil stringent specifications, are used for compounding batches to manufacture tyres, tubes, hoses, calendar sheets, and others.

End Use - Segment Analysis

Automotive sector has been the primary market for rubber process oil market. Rubber process oil suitable for use in manufacture of automobile rubber tyres, belting, battery case etc. Where colour is not an important parameter. So, Because of such a wide variety of application in vehicles rubber process oil becomes so much important for an automotive industry. Rubber process oil is derived from petroleum crude oil, when the additional volatile petrol and heating oil fractions are removed by distillation. Rubber process oil is mixtures of paraffinic, naphthenic and aromatic compounds of wide distribution of molecular weight. Rubber process oil is used in the rubber industry to enhance the process ability of rubbers and rubber compounds and increase the bulk of rubber so as to lower the price.

Geography - Segment Analysis

APAC dominated the rubber process oil market. The economy of APAC is mainly influenced by the economic dynamics of countries such as China and India, due to the growing foreign direct investment for economic development of South East Asia, the current scenario is changing. But due to the effect of global pandemic COVID 19, it is expected that these countries may suffer also for limited period of time. But even in that scenario India and China are expected to dominate the global automotive industry. As these countries have a very larger market for automotive sector so, the rubber process oil will always have it core demand in this region.

Rubber Process oil Market Drivers
  • Growing demand for electric vehicle
The shift towards electric vehicles in the developed and developing nations would help in the growth of existing IC engine vehicles and also help the Rubber Process oil market over the forecast timeframe. According to IEA, Norway, the Netherlands and Japan are frontrunners in the electronic vehicles segment. Norway held the share of 46 percent in terms of the global new electric car sales as reported by IEA in 2018. In order to meet zero emission targets under the “Paris Climate Accord”, in 2017, France government has announced that it will ban diesel and gasoline-powered vehicles completely and switch to electric powered vehicles by 2040.
  • Reduces production cost
Rubber process oils are used as processing aid in manufacturing of rubber products. Rubber oil functions as a plasticizer, improving the processability and filter incorporation, or as an extender. Depending upon the type of product that has to be made, the choice of the type of oil is made. To increase the bulk of rubber in order to lower cost (oil extender rubbers). Main application is process aid. Process aids are increasingly important to the industry because it improves efficiency and productivity and lowers energy consumption. To sum it up, it helps in reducing production cost and improving product quality.

Rubber Process oil Market
  • Impact of COVID 19
The rapid spread of coronavirus has had a major impact on global markets as, major economies of the world are completely lockdown due to this pandemic. Because of this major lockdown, suddenly all the consumer market has started to show zero interest towards purchasing any vehicles. One of the major difficulties, market is facing are the shutdown of all kinds of international transportation. Global crisis for all sectors including automotive, which was hit by slowing demand in goods’ production and exports had slowdown the market for Rubber process oil.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Rubber Process oil market. In 2019, the market of Rubber Process oil has been consolidated by the top five players accounting for xx% of the share. Major players in the Rubber Process oil Market are Total S.A., Shell International B.V., Raj Petro Specialities P. Ltd., Petro China Company Limited, Nynas AB, Lukoil, among others. 

Acquisitions/Technology Launches
  • In March 2018, Total S.A completed the acquisition of Maersk Oil and issues 97 million new total shares for the benefit of A.P. Møller - Mærsk A/S as consideration for the contribution of Maersk Oil shares to Total S.A.
1. Rubber Process Oil Market - Market Overview
    1.1 Definitions and Scope
2. Rubber Process Oil Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key Trends by Product
    2.3 Key Trends by End Use
    2.4 Key Trends by Geography
3. Rubber Process Oil Market - Landscape
    3.1 Comparative analysis 
        3.1.1 Market Share Analysis - Top Companies
        3.1.2 Product Benchmarking - Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis - Top Companies
        3.1.5 Pricing Analysis
4. Rubber Process Oil Market - Startup companies Scenario Premium Premium 
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Rubber Process Oil Market – Industry Market Entry Scenario Premium Premium 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top companies
6. Rubber Process Oil Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. Rubber Process Oil Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Market life cycle
    7.4 Suppliers and distributors
8. Rubber Process Oil Market – By Product (Market Size -$Million)
    8.1 Aromatic Rubber Process Oil
    8.2 Paraffinic Rubber Process Oil
    8.3 Naphthenic Rubber Process Oil
    8.4 Others
9. Rubber Process Oil Market – By End Use (Market Size -$Million)
    9.1 Automobile
    9.2 Aviation
    9.3 Consumer goods
    9.4 Adhesives & Sealants, 
    9.5 Pharmaceutical,
    9.6 Paints & Coatings
    9.7 Others
10. Rubber Process Oil Market - By Geography (Market Size -$Million)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Canada
        10.1.3 Mexico
    10.2 South America
        10.2.1 Brazil
        10.2.2 Argentina
        10.2.3 Colombia
        10.2.4 Chile
        10.2.5 Rest of South America
    10.3 Europe
        10.3.1 U.K
        10.3.2 Germany
        10.3.3 Italy
        10.3.4 France
        10.3.5 Russia
        10.3.6 Spain
        10.3.7 Netherlands
        10.3.8 Belgium
        10.3.9 Rest of Europe
    10.4 Asia Pacific
        10.4.1 China
        10.4.2 India
        10.4.3 Japan
        10.4.4 South Korea
        10.4.5 Australia & New Zealand
        10.4.6 Rest of Asia Pacific
    10.5 RoW
        10.5.1 Middle East
            10.5.1.1 UAE
            10.5.1.2 Saudi Arabia
            10.5.1.3 Israel
            10.5.1.4 Rest of Middle East
        10.5.2 Africa
            10.5.2.1 South Africa
            10.5.2.2 Nigeria
            10.5.2.3 Rest of Africa
11. Rubber Process Oil Market- Entropy
    11.1 New Product Launches
    11.2 M&A’s, Collaborations, JVs and Partnerships
12. Market Share Analysis Premium
    12.1 Market Share by Country- Top companies
    12.2 Market Share by Region- Top companies
    12.3 Market Share by type of Product / Product category- Top companies
    12.4 Market Share at global level- Top companies
    12.5 Best Practices for companies
13. Rubber Process Oil Market- List of Key Companies by Country Premium 
14. Rubber Process Oil Market Company Analysis
    14.1 Market Share, Company Revenue, Products, M&A, Developments
    14.2 Company 1
    14.3 Company 2
    14.4 Company 3
    14.5 Company 4
    14.6 Company 5
    14.7 Company 6
    14.8 Company 7
    14.9 Company 8
    14.10 Company 9
    14.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

LIST OF TABLES

1.Global Rubber Process Oil Market By Type Market 2023-2030 ($M)
1.1 Treated Distillate Aromatic Extracted Market 2023-2030 ($M) - Global Industry Research
1.2 Distillate Aromatic Extract Market 2023-2030 ($M) - Global Industry Research
1.3 Mild Extracted Solvate Market 2023-2030 ($M) - Global Industry Research
1.4 Paraffinic Rubber Process Oil Market 2023-2030 ($M) - Global Industry Research
1.5 Naphthenic Rubber Process Oil Market 2023-2030 ($M) - Global Industry Research
2.Global Rubber Process Oil Market By Type Market 2023-2030 (Volume/Units)
2.1 Treated Distillate Aromatic Extracted Market 2023-2030 (Volume/Units) - Global Industry Research
2.2 Distillate Aromatic Extract Market 2023-2030 (Volume/Units) - Global Industry Research
2.3 Mild Extracted Solvate Market 2023-2030 (Volume/Units) - Global Industry Research
2.4 Paraffinic Rubber Process Oil Market 2023-2030 (Volume/Units) - Global Industry Research
2.5 Naphthenic Rubber Process Oil Market 2023-2030 (Volume/Units) - Global Industry Research
3.North America Rubber Process Oil Market By Type Market 2023-2030 ($M)
3.1 Treated Distillate Aromatic Extracted Market 2023-2030 ($M) - Regional Industry Research
3.2 Distillate Aromatic Extract Market 2023-2030 ($M) - Regional Industry Research
3.3 Mild Extracted Solvate Market 2023-2030 ($M) - Regional Industry Research
3.4 Paraffinic Rubber Process Oil Market 2023-2030 ($M) - Regional Industry Research
3.5 Naphthenic Rubber Process Oil Market 2023-2030 ($M) - Regional Industry Research
4.South America Rubber Process Oil Market By Type Market 2023-2030 ($M)
4.1 Treated Distillate Aromatic Extracted Market 2023-2030 ($M) - Regional Industry Research
4.2 Distillate Aromatic Extract Market 2023-2030 ($M) - Regional Industry Research
4.3 Mild Extracted Solvate Market 2023-2030 ($M) - Regional Industry Research
4.4 Paraffinic Rubber Process Oil Market 2023-2030 ($M) - Regional Industry Research
4.5 Naphthenic Rubber Process Oil Market 2023-2030 ($M) - Regional Industry Research
5.Europe Rubber Process Oil Market By Type Market 2023-2030 ($M)
5.1 Treated Distillate Aromatic Extracted Market 2023-2030 ($M) - Regional Industry Research
5.2 Distillate Aromatic Extract Market 2023-2030 ($M) - Regional Industry Research
5.3 Mild Extracted Solvate Market 2023-2030 ($M) - Regional Industry Research
5.4 Paraffinic Rubber Process Oil Market 2023-2030 ($M) - Regional Industry Research
5.5 Naphthenic Rubber Process Oil Market 2023-2030 ($M) - Regional Industry Research
6.APAC Rubber Process Oil Market By Type Market 2023-2030 ($M)
6.1 Treated Distillate Aromatic Extracted Market 2023-2030 ($M) - Regional Industry Research
6.2 Distillate Aromatic Extract Market 2023-2030 ($M) - Regional Industry Research
6.3 Mild Extracted Solvate Market 2023-2030 ($M) - Regional Industry Research
6.4 Paraffinic Rubber Process Oil Market 2023-2030 ($M) - Regional Industry Research
6.5 Naphthenic Rubber Process Oil Market 2023-2030 ($M) - Regional Industry Research
7.MENA Rubber Process Oil Market By Type Market 2023-2030 ($M)
7.1 Treated Distillate Aromatic Extracted Market 2023-2030 ($M) - Regional Industry Research
7.2 Distillate Aromatic Extract Market 2023-2030 ($M) - Regional Industry Research
7.3 Mild Extracted Solvate Market 2023-2030 ($M) - Regional Industry Research
7.4 Paraffinic Rubber Process Oil Market 2023-2030 ($M) - Regional Industry Research
7.5 Naphthenic Rubber Process Oil Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Rubber Process Oil Market Revenue, 2023-2030 ($M)
2.Canada Rubber Process Oil Market Revenue, 2023-2030 ($M)
3.Mexico Rubber Process Oil Market Revenue, 2023-2030 ($M)
4.Brazil Rubber Process Oil Market Revenue, 2023-2030 ($M)
5.Argentina Rubber Process Oil Market Revenue, 2023-2030 ($M)
6.Peru Rubber Process Oil Market Revenue, 2023-2030 ($M)
7.Colombia Rubber Process Oil Market Revenue, 2023-2030 ($M)
8.Chile Rubber Process Oil Market Revenue, 2023-2030 ($M)
9.Rest of South America Rubber Process Oil Market Revenue, 2023-2030 ($M)
10.UK Rubber Process Oil Market Revenue, 2023-2030 ($M)
11.Germany Rubber Process Oil Market Revenue, 2023-2030 ($M)
12.France Rubber Process Oil Market Revenue, 2023-2030 ($M)
13.Italy Rubber Process Oil Market Revenue, 2023-2030 ($M)
14.Spain Rubber Process Oil Market Revenue, 2023-2030 ($M)
15.Rest of Europe Rubber Process Oil Market Revenue, 2023-2030 ($M)
16.China Rubber Process Oil Market Revenue, 2023-2030 ($M)
17.India Rubber Process Oil Market Revenue, 2023-2030 ($M)
18.Japan Rubber Process Oil Market Revenue, 2023-2030 ($M)
19.South Korea Rubber Process Oil Market Revenue, 2023-2030 ($M)
20.South Africa Rubber Process Oil Market Revenue, 2023-2030 ($M)
21.North America Rubber Process Oil By Application
22.South America Rubber Process Oil By Application
23.Europe Rubber Process Oil By Application
24.APAC Rubber Process Oil By Application
25.MENA Rubber Process Oil By Application
26.Nynas Ab, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Apar Industries Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Hollyfrontier Refining & Marketing LLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Behran Oil Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Hindustan Petroleum Corporation Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Total S.A., Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Unipetrol Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Repsol S.A., Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Orgkhim Biochemical Holding, Sales /Revenue, 2015-2018 ($Mn/$Bn)