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Global Base Oil Market: Industry, Size, Share, Growth, Trends and Forecast, 2019–2029 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Notes Points to Remember • The segmentation provided on the segmentation page is the actual/proposed segmentation for the target market • Content and statistical data /values offered in the sample is primarily to provide an understanding of what we offer in terms of style, content, and structure and may not necessarily to be related to actual for the requested market • Market value/revenue for the target market will be provided in the final version of the report • The company names mentioned are those that are to be actually profiled in the final report • The trailing slides that contain dummy data/hidden content for the target market is provided to gain a better understanding of our competence, as well as a clearer view of how and what we offer in our report. • The number of slides/pages provided for segment and region will be followed in a similar manner for remaining segments of the target market. • The values provided in the table’s, graphs, and figure’s are for illustration purpose only. Source: Prophecy Market Insights Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Research Objectives and Assumptions Research Objectives • To gain a fundamental understanding of the global and regional market by analyzing key market dynamics, and profiling key vendors to structure the competitive landscape • The base currency considered for this study is the United States dollar (USD). The conversion of other currencies to USD was considered based on the average exchange rate for the respective review period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates. • The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2018. Source: Prophecy Market Insights Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Abbreviations Abbreviation and Full Form Source: Prophecy Market Insights Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Market Segmentation Global Base Oil Market By Type By Region By Application • Group I • Group II • Group III • Group IV • Group V • North America • Europe • Asia Pacific • Latin America • Middle East & Africa • Automotive Oil • Industrial Oil • Hydraulic Oil • Grease • Metalwork Fluid Source: Prophecy Market Insights Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Executive Summary (1/5) Table 2.1: Global Base Oil Market Overview Source: Prophecy Market Insights To be Continued … Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Executive Summary (2/5) Table 2.2: Global Base Oil Market Overview Source: Prophecy Market Insights Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Executive Summary (3/5) Market Size Revenue $ 5.3% 55,7 Bn CAGR 2022-2032 33.1 Bn Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Executive Summary (4/5) Description Figure 2.1: Global Base Oil Market Value Share (%), By Type – 2019 (E) • Global base oil market is projected to grow at a CAGR of 5.3% during the forecast period. • Surging demand for high-grade oils in the automotive industry and increasing GDP in Asia Pacific led by the increasing industrial activities are fueling the growth of the market across the globe. • Lucrative market opportunities from BRIC nations (Brazil, Russia, India, and China) and rising demand for renewable energy are expected to boost the market’s growth. Analysis Source: Prophecy Market Insights Based on group, the Group I segment accounted for the largest base oil market share in 2018. This segment is projected to lead the market in terms of both value and volume during the forecast period. Group II base oil can be employed in a multitude of applications, such as marine and gas engines, in trunk piston engine oils, and other applications in the base oil industry. Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Executive Summary (5/5) Figure 2.2: Global Portable Figure 2.3: Global Base Oil Market Value Share (%), By Region - 2019 (E) Figure 2.2: Global Base Oil Market Value Share (%), By Application – 2019 (E) Figure 2.4: Global Base Oil Market Value Share (%), By Region – 2019 (E Analysis and Outcome • Based on application, the base oil industry has been segmented into automotive oil, industrial oil, hydraulic oil, grease, metalworking fluid, and others. The other applications include agriculture, additives, and detergents/dispersants. The automotive oil application segment is projected to lead the market during the forecast period. Source: Prophecy Market Insights Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
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