Product Code: GVR-4-68040-354-5
Rubber Process Oil Market Size & Trends
The global rubber process oil market size was estimated at USD 2.19 billion in 2023 and is projected to grow at a CAGR of 4.3% in terms of revenue from 2024 to 2030. The global product demand is increasing due to its critical role in the manufacturing of various products, including tires, footwear, and industrial goods.
This surge is driven by the growing automotive industry, particularly in emerging markets, where vehicle production and ownership are rising rapidly. In addition, the expanding infrastructure and construction sectors are boosting the need for rubber-based materials. Furthermore, advancements in rubber processing technology and the shift towards environmentally friendly and sustainable products are propelling the demand for high-quality, non-toxic products. These oils enhance the performance, durability, and longevity of products, making them indispensable in both industrial and consumer applications.
Rubber process oils are essential additives used in the production of rubber compounds. These oils are derived from petroleum and are integrated into the manufacturing process to enhance the properties of the final product. They act as plasticizers, making the rubber softer and more pliable, which is crucial during the mixing and molding stages. Depending on their formulation, these products can be categorized into three main types: paraffinic, naphthenic, and aromatic, each offering distinct properties suited for different applications.
The burgeoning automotive industry, particularly in developing economies, fuels the need for tires and other components, consequently boosting the demand for the product. Additionally, the rapid growth of the construction and industrial sectors, which rely heavily on rubber products, further propels market demand.
On the other hand, the market faces some restraining factors. Fluctuations in crude oil prices can impact the cost and availability of these oils. Moreover, the shift towards alternative materials and synthetic products can potentially limit the growth of the global market.
Global Rubber Process Oil Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global rubber process oil market report based on material product, application, and region.
- Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Aromatic
- Paraffinic
- Naphthenic
- Other Products (If Any)
- Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Tyre
- Footwear
- Wire & Cable Covering
- Flooring Materials
- Paints & Coatings
- Adhesive & Sealants
- Other Applications (If Any)
- Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- North America
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
India
Japan
South Korea
Malaysia
Indonesia
Vietnam
Indonesia
Thailand
Brazil
Argentina
- Middle East and Africa
- Saudi Arabia
- South Africa
Table of Contents
Chapter 1 Methodology And Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definition
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 Gvr's Internal Database
- 1.4 Information Analysis
- 1.5 Market Formulation & Data Visualization
- 1.6 Data Validation & Publishing
- 1.6.1 Research Scope And Assumptions
- 1.6.2 List To Data Sources
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Segment Snapshot
- 2.3 Competitive Landscape Snapshot
Chapter 3 Global Rubber process oil: Market Variables, Trends & Scope
- 3.1 Market Lineage Outlook
- 3.2 Industry Value Chain Analysis
- 3.2.1 Raw Material Trends
- 3.2.2 Manufacturing/Technology Trends
- 3.2.3 Sales Channel Analysis
- 3.3 Vendor Landscape
- 3.3.1 List of Raw Material Suppliers
- 3.3.2 List of Distributors
- 3.4 List of Potential End-Users
- 3.5 Price Trend Analysis, 2018 - 2030 (Usd/Kg)
- 3.5.1 Factors Influencing Prices
- 3.6 Regulatory Framework
- 3.7 Market Dynamics
- 3.7.1 Market Driver Analysis
- 3.7.2 Market Restraint Analysis
- 3.7.3 Industry Challenges Analysis
- 3.7.4 Industry Opportunities Analysis
- 3.8 Industry Analysis Tools
- 3.8.1 Porter's Analysis
- 3.8.2 Macroeconomic Analysis- Pestle Analysis
Chapter 4 Global Rubber Process Oil Market: Product Estimates & Trend Analysis
- 4.1 Product Movement Analysis & Market Share, 2023 & 2030
- 4.1.1 Aromatic
- 4.1.1.1 Aromatic Rubber Process Oils Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.1.2 Paraffinic
- 4.1.2.1 Paraffinic Rubber Process Oils Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.1.3 Naphthenic
- 4.1.3.1 Naphthenic Rubber Process Oils Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5 Global Rubber Process Oil Market: Application Estimates & Trend Analysis
- 5.1 Application Movement Analysis & Market Share, 2023 & 2030
- 5.1.1 Tyre
- 5.1.1.1 Rubber Process Oil Market Estimates & Forecasts, in Tyre, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.2 Footwear
- 5.1.2.1 Rubber Process Oil Market Estimates & Forecasts, in Footwear, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.3 Wire & Cable Covering
- 5.1.3.1 Rubber Process Oil Market Estimates & Forecasts, in Wire & Cable Covering, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.4 Flooring Materials
- 5.1.4.1 Rubber Process Oil Market Estimates & Forecasts, in Flooring Materials, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.5 Paints & Coatings
- 5.1.5.1 Rubber Process Oil Market Estimates & Forecasts, in Paints & Coatings, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.5 Adhesive & Sealants
- 5.1.5.1 Rubber Process Oil Market Estimates & Forecasts, in Adhesives & Sealants, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.7 Other Applications
- 5.1.7.1 Rubber Process Oil Market Estimates & Forecasts, in Other Applications, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6 Global Rubber Process Oil Market: Regional Estimates & Trend Analysis
- 6.1 Rubber Process Oil Market: Regional Outlook
- 6.2 North America
- 6.2.1 North America Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.2 U.S.
- 6.2.2.1 Key Country Dynamics
- 6.2.2.2 U.S. Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.3 Canada
- 6.2.3.1 Key Country Dynamics
- 6.2.3.2 Canada Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.4 Mexico
- 6.2.4.1 Key Country Dynamics
- 6.2.4.2 Mexico Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3 Europe
- 6.3.1 Europe Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.2 UK
- 6.3.2.1 Key Country Dynamics
- 6.3.2.2 Uk Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.3 Germany
- 6.3.3.1 Key Country Dynamics
- 6.3.3.2 Germany Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.4 France
- 6.3.4.1 Key Country Dynamics
- 6.3.4.2 France Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.5 Italy
- 6.3.5.1 Key Country Dynamics
- 6.3.5.2 Italy Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.6 Spain
- 6.3.6.1 Key Country Dynamics
- 6.3.6.2 Spain Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4 Asia Pacific
- 6.4.1 Asia Pacific Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.4.2 China
- 6.4.2.1 Key Country Dynamics
- 6.4.2.2 China Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.3 India
- 6.4.3.1 Key Country Dynamics
- 6.4.3.2 India Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.4 Japan
- 6.4.4.1 Key Country Dynamics
- 6.4.4.2 Japan Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.5 South Korea
- 6.4.5.1 Key Country Dynamics
- 6.4.5.2 South Korea Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.6 Malaysia
- 6.4.6.1 Key Country Dynamics
- 6.4.6.2 Malaysia Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.7 Indonesia
- 6.4.7.1 Key Country Dynamics
- 6.4.7.2 Indonesia Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.8 Vietnam
- 6.4.8.1 Key Country Dynamics
- 6.4.8.2 Vietnam Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.9 Thailand
- 6.4.9.1 Key Country Dynamics
- 6.4.9.2 Thailand Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.5 Central & South America
- 6.5.1 Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.2 Brazil
- 6.5.2.1 Key Country Dynamics
- 6.5.2.2 Brazil Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.3 Argentina
- 6.5.3.1 Key Country Dynamics
- 6.5.3.2 Argentina Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.6 Middle East & Africa
- 6.6.1 Middle East & Africa Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.2 South Africa
- 6.6.2.1 Key Country Dynamics
- 6.6.2.2 South Africa Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.3 Saudi Arabia
- 6.6.3.1 Key Country Dynamics
- 6.6.3.2 Saudi Arabia Rubber Process Oil Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 8 Competitive Landscape
- 8.1 Recent Developments & Impact Analysis, By Key Market Participants
- 8.2 Company/Competition Categorization
- 8.2 Company Market Positioning
- 8.3 Company Heat Map Analysis
- 8.4 Strategy Mapping
- 8.5 Company Listing
- 8.5.1 Adinath Chemicals
- 8.5.1 Participant's Overview
- 8.5.2 Financial Performance
- 8.5.3 Product Benchmarking
- 8.5.2 Shell Plc
- 8.5.3 Chevron USA .Inc
- 8.5.4 Sunoco Lubricants
- 8.5.5 Shreeya International FZE
- 8.5.6 H&R GROUP
- 8.5.7 Panorama global trade Sdn Bhd
- 8.5.8 Norman Process Oils Malaysia Plant Sdn Bhd