Market Overview:
The global rubber oil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for rubber oil in various applications such as rubber filling oil, rubber processing oil, and others. In terms of type, the petroleum series rubber oil segment is expected to hold a major share of the global market during the forecast period. This can be attributed to its properties such as high viscosity and low volatility which make it suitable for use in various applications.
Product Definition:
Rubber oil is a lubricant that is derived from crude oil or petroleum. It is used to lubricate machinery, equipment, and vehicles. Rubber oil can also be used as a fuel for heating or power generation.
Petroleum Series Rubber Oil:
Petroleum series rubber oil is a special type of synthetic rubber based on mineral oils. It has better resistance to heat and ozone than other types of synthetic or natural rubber. Petroleum series are produced by the fractional distillation process, which involves the separation of liquid hydrocarbons into various fractions depending upon their boiling ranges and different viscosities.
Pine Oil Series Rubber Oil:
Pine Oil Series Rubber Oil is a 100% natural rubber oil produced from pine tree. It has been used as an important source of vegetable oil and fatty acid for the manufacturing industry. The series consists of six products, which are sold under different brand names including ‘Puro’, ‘Widgi’, ‘Mallet’, etc.
The market size was valued at USD 648 million in 2016.
Application Insights:
Rubber processing oil dominated the global market in 2017, accounting for over 60.0% share of the overall revenue. The segment is expected to witness significant growth on account of increasing demand for tire manufacturing from various end-use industries including automotive, construction and transportation among others.
The other application segment includes engine oils and greases manufactured using natural or synthetic rubbers as a raw material component. Engine oils manufactured using natural rubber exhibit better resistance against oxidation compared with those made from petroleum-based products due to their higher inherent viscosity index (IV). However, high cost associated with them makes them unviable as a primary source of lubrication in modern machinery equipment compared to their petroleum-based counterparts which are still widely used owing to their affordability and availability across all major markets worldwide.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest automobile manufacturers such as Toyota, Honda, Hyundai, Kia Motors Corporation and Suzuki. These companies are increasingly focusing on developing new types of vehicles that run on natural rubber for a prolonged period. This will further drive product demand in APAC during the forecast period.
Europe was estimated as second-largest regional segment followed by North America owing to high demand from end-use industries such as automotive and construction coupled with growing environmental concerns regarding carbon emissions caused during manufacturing processes of various products including tires.
Growth Factors:
- Increasing demand for rubber oil in the automotive and transportation industries as a lubricant and fuel additive.
- Growing demand for rubber oil in the manufacturing of tires, hoses, belts, and other rubber products.
- Rising prices of crude oil, which is used to produce synthetic rubber oils.
- Technological advancements that have led to increased efficiency and production of synthetic rubber oils from crude oil sources.
Scope Of The Report
Report Attributes
Report Details
Report Title
Rubber Oil Market Research Report
By Type
Petroleum Series Rubber Oil, Pine Oil Series Rubber Oil, Coal Tar series Rubber Oil, Fat Oil Series Rubber Oil
By Application
Rubber Filling Oil, Rubber Processing Oil, Other
By Companies
H&R, Shell, Nynas, CNOOC, CNPC, ExxonMobil, Total, JX, IRPC, REPSOL, H&R
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Rubber Oil Market Report Segments:
The global Rubber Oil market is segmented on the basis of:
Types
Petroleum Series Rubber Oil, Pine Oil Series Rubber Oil, Coal Tar series Rubber Oil, Fat Oil Series Rubber Oil
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Rubber Filling Oil, Rubber Processing Oil, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- H&R
- Shell
- Nynas
- CNOOC
- CNPC
- ExxonMobil
- Total
- JX
- IRPC
- REPSOL
- H&R
Highlights of The Rubber Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Petroleum Series Rubber Oil
- Pine Oil Series Rubber Oil
- Coal Tar series Rubber Oil
- Fat Oil Series Rubber Oil
- By Application:
- Rubber Filling Oil
- Rubber Processing Oil
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Rubber Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Rubber oil is a type of lubricant that is used to reduce friction and improve the performance of mechanical devices. It is also used as a sealant and coating on various surfaces.
Some of the major companies in the rubber oil market are H&R, Shell, Nynas, CNOOC, CNPC, ExxonMobil, Total, JX, IRPC, REPSOL, H&R.
The rubber oil market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rubber Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Rubber Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rubber Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Rubber Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Rubber Oil Market Size & Forecast, 2020-2028
4.5.1 Rubber Oil Market Size and Y-o-Y Growth
4.5.2 Rubber Oil Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Petroleum Series Rubber Oil
5.2.2 Pine Oil Series Rubber Oil
5.2.3 Coal Tar series Rubber Oil
5.2.4 Fat Oil Series Rubber Oil
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Rubber Filling Oil
6.2.2 Rubber Processing Oil
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rubber Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Rubber Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Petroleum Series Rubber Oil
9.6.2 Pine Oil Series Rubber Oil
9.6.3 Coal Tar series Rubber Oil
9.6.4 Fat Oil Series Rubber Oil
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Rubber Filling Oil
9.10.2 Rubber Processing Oil
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Petroleum Series Rubber Oil
10.6.2 Pine Oil Series Rubber Oil
10.6.3 Coal Tar series Rubber Oil
10.6.4 Fat Oil Series Rubber Oil
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Rubber Filling Oil
10.10.2 Rubber Processing Oil
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Petroleum Series Rubber Oil
11.6.2 Pine Oil Series Rubber Oil
11.6.3 Coal Tar series Rubber Oil
11.6.4 Fat Oil Series Rubber Oil
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Rubber Filling Oil
11.10.2 Rubber Processing Oil
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Petroleum Series Rubber Oil
12.6.2 Pine Oil Series Rubber Oil
12.6.3 Coal Tar series Rubber Oil
12.6.4 Fat Oil Series Rubber Oil
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Rubber Filling Oil
12.10.2 Rubber Processing Oil
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Petroleum Series Rubber Oil
13.6.2 Pine Oil Series Rubber Oil
13.6.3 Coal Tar series Rubber Oil
13.6.4 Fat Oil Series Rubber Oil
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Rubber Filling Oil
13.10.2 Rubber Processing Oil
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Rubber Oil Market: Competitive Dashboard
14.2 Global Rubber Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 H&R
14.3.2 Shell
14.3.3 Nynas
14.3.4 CNOOC
14.3.5 CNPC
14.3.6 ExxonMobil
14.3.7 Total
14.3.8 JX
14.3.9 IRPC
14.3.10 REPSOL
14.3.11 H&R
