Naphthenic Process Oil Market - Global Industry Size, Top Key Players, Drivers and Forecast to 2022


The Global Naphthenic Process Oil Market is anticipated to rise at a substantial CAGR in the forthcoming period. Naphthenic process oils are prepared from Naphthens which are a class of hydrocarbons and are also referred as cycloparaffins. Even though, their design is identical to an aromatic ring, these are single bonded possessing a stable structure. Several such hydrocarbon rings may be attached with a variety of selective grades. Ideally, the color stability, solubility and good thermal stability makes them idyllic for molded articles, slippers, LPG tubes, floor tiles etc.

                


On a commercial scale, naphthenic process oils are widely used in manufacture of tires, automotive supply, reinforcing fillers, oil based softeners, additives, like stabilizers and are also used as antioxidants. Driving factors responsible for the growth of naphthenic process oil industry includes rising demand for process oils for production of rubber and tires. Naphthenic process oils offer unique ability to meet established performance standards for a range of applications. Segmentation based on application, the naphthenic process oil industry includes polymer, rubber, personal care and textile. Based on segmentation by type, the naphthenic process oil market includes cyclopentane and cyclohexane.


Market Segment:

This report studies Naphthenic Process Oil in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering

• Royal Dutch Shell PLC
• Nynas AB
• Avista Oil AG
• Repsol

Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of Naphthenic Process Oil in these regions, from 2012 to 2022 (forecast), like

• North America
• Europe
• China
• Japan
• Southeast Asia
• India

Geographical segmentation for naphthenic process oil market includes North America, South America, Europe, Asia-Pacific, Middle-East and Africa. APAC market is expected to gain a significant share in the forthcoming period since APAC market has lucrative opportunities in manufacture of naphthenic process oil for tires. North America and Europe market has already reached its maturity stage and the market in South America is expected to gain significant growth due to rise in demand for naphthenic process oils from various industry verticals such as polymer, rubber, tire and textile. The key players in the naphthenic process oil market include Royal Dutch Shell PLC, Nynas AB, Repsol, Avista Oil AG.



Comments

Popular posts from this blog

Gardening Equipment Market Scope, Demands, Technological Development and Competitive Insights to 2025

Squalene Industry In-depth Analysis and Forecast Report, 2030

Thrust Vector Control System (TVC) Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2025