Table of Content

"1    INTRODUCTION    32
1.1    STUDY OBJECTIVES    32
1.2    MARKET DEFINITION    32
1.2.1    INCLUSIONS & EXCLUSIONS    33
TABLE 1    PROCESS OIL MARKET, BY REGION: INCLUSIONS & EXCLUSIONS    33
1.3    MARKET SCOPE    33
1.3.1    MARKET SEGMENTATION    33
1.3.2    REGIONAL SCOPE    34
1.3.3    YEARS CONSIDERED    34
1.4    CURRENCY    35
1.5    RESEARCH LIMITATIONS    35
1.6    STAKEHOLDERS    35
1.7    SUMMARY OF CHANGES    36
2    RESEARCH METHODOLOGY    37
2.1    RESEARCH DATA    37
FIGURE 1    PROCESS OIL MARKET: RESEARCH DESIGN    37
2.1.1    SECONDARY DATA    38
2.1.1.1    Key data from secondary sources    38
2.1.2    PRIMARY DATA    38
2.1.2.1    Key data from primary sources    39
2.1.2.2    Breakdown of primary interviews    40
2.2    MATRIX CONSIDERED FOR DEMAND-SIDE    41
FIGURE 2    MAIN MATRIX CONSIDERED WHILE CONSTRUCTING AND ASSESSING  DEMAND FOR PROCESS OIL    41
2.3    MARKET SIZE ESTIMATION    41
2.3.1    BOTTOM-UP APPROACH    42
FIGURE 3    MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH    42
2.3.2    TOP-DOWN APPROACH    42
FIGURE 4    MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH    42
FIGURE 5    METHODOLOGY FOR SUPPLY-SIDE SIZING OF PROCESS OIL MARKET (1/2)    43
FIGURE 6    METHODOLOGY FOR SUPPLY-SIDE SIZING OF PROCESS OIL MARKET (2/2)    43
2.3.2.1    Calculations for supply-side analysis    44
2.3.3    FORECAST    44
2.4    GROWTH RATE ASSUMPTIONS/GROWTH FORECAST    44
2.5    DATA TRIANGULATION    44
FIGURE 7    PROCESS OIL MARKET: DATA TRIANGULATION    45
2.6    KEY ASSUMPTIONS WHILE CALCULATING DEMAND-SIDE  MARKET SIZE    46
2.7    LIMITATIONS    46
2.8    RISK ANALYSIS    47
3    EXECUTIVE SUMMARY    48
TABLE 2    PROCESS OIL MARKET SNAPSHOT    49
FIGURE 8    TIRE & RUBBER TO BE LARGEST APPLICATION OF PROCESS OIL    50
FIGURE 9    NON-CARCINOGENIC SEGMENT TO GROW AT HIGHEST
CAGR DURING THE FORECAST PERIOD    50
FIGURE 10    ASIA PACIFIC TO LEAD PROCESS OIL MARKET    51
4    PREMIUM INSIGHTS    52
4.1    SIGNIFICANT OPPORTUNITIES IN PROCESS OIL MARKET    52
FIGURE 11    INCREASING DEMAND FOR GREEN PROCESS OILS ACROSS
GLOBE TO DRIVE PROCESS OIL MARKET GROWTH    52
4.2    PROCESS OIL MARKET, BY REGION    53
FIGURE 12    PROCESS OIL MARKET IN ASIA PACIFIC TO GROW AT HIGHEST
CAGR DURING FORECAST PERIOD    53
4.3    PROCESS OIL MARKET, BY APPLICATION    54
FIGURE 13    TIRE & RUBBER SEGMENT HELD LARGEST SHARE IN PROCESS
OIL MARKET IN 2021, BY VOLUME    54
4.4    PROCESS OIL MARKET, BY TYPE    54
FIGURE 14    NAPHTHENIC SEGMENT HELD LARGEST SHARE IN PROCESS
OIL MARKET IN 2021, BY VOLUME    54
5    MARKET OVERVIEW    55
5.1    INTRODUCTION    55
5.2    MARKET DYNAMICS    55
FIGURE 15    DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
IN PROCESS OIL MARKET    55
5.2.1    DRIVERS    56
5.2.1.1    Growing tire manufacturing industry across the globe    56
TABLE 3    CARS AND COMMERCIAL VEHICLES PRODUCTION, BY COUNTRY, 2021    56
5.2.1.2    Increasing demand and consumption of process oils in Asia Pacific    58
FIGURE 16    IMPACT OF DRIVERS ON PROCESS OIL MARKET    58
5.2.2    RESTRAINTS    58
5.2.2.1    Implementation of the European Union directive 2005/69/
EC banning use of polycyclic aromatic hydrocarbons in tire manufacturing    58
5.2.2.2    Increased use of soybean oil as alternative for process oils in tire manufacturing    59
FIGURE 17    IMPACT OF RESTRAINTS ON PROCESS OIL MARKET    59
5.2.3    OPPORTUNITIES    60
5.2.3.1    Growing demand for low-viscosity oils for use in vehicles    60
5.2.3.2    Increasing demand for green process oils across the globe    60
FIGURE 18    IMPACT OF OPPORTUNITIES ON PROCESS OIL MARKET    60
5.2.4    CHALLENGES    61
5.2.4.1    Fluctuating prices of crude oil    61
FIGURE 19    GLOBAL AVERAGE CRUDE OIL PRICE PER BARREL, 2010–2030    61
FIGURE 20    IMPACT OF CHALLENGES ON PROCESS OIL MARKET    62
5.3    PORTER’S FIVE FORCES ANALYSIS    62
FIGURE 21    PORTER’S FIVE FORCES ANALYSIS    62
TABLE 4    PROCESS OIL MARKET: PORTER'S FIVE FORCES ANALYSIS    63
5.3.1    THREAT OF NEW ENTRANTS    63
5.3.2    THREAT OF SUBSTITUTES    63
5.3.3    BARGAINING POWER OF BUYERS    64
5.3.4    BARGAINING POWER OF SUPPLIERS    64
5.3.5    INTENSITY OF COMPETITIVE RIVALRY    64
5.4    ECOSYSTEM/MARKET MAP    65
FIGURE 22    PROCESS OIL MARKET: ECOSYSTEM/MARKET MAP    65
5.5    VALUE CHAIN    66
FIGURE 23    PROCESS OIL MARKET: VALUE CHAIN    66
5.6    AVERAGE PRICE TREND    67
TABLE 5    AVERAGE PRICE (USD/ TON) OF PROCESS OIL IN KEY REGIONS
FOR MAJOR APPLICATIONS, 2021    67
FIGURE 24    PROCESS OIL MARKET: AVERAGE PRICE OF PROCESS OIL, BY TYPE    67
5.7    CASE STUDY ANALYSIS    68
5.7.1    VEGETABLE OIL PLASTICIZERS AS REPLACEMENT
FOR PETROLEUM OIL IN RUBBER    68
5.8    REGULATORY LANDSCAPE    69
5.8.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    70
TABLE 6    NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    70
TABLE 7    EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS    71
TABLE 8    ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS    71
5.9    PATENT ANALYSIS    72
FIGURE 25    NUMBER OF GRANTED PATENTS, PATENT APPLICATIONS, AND LIMITED PATENTS    73
FIGURE 26    PUBLICATION TRENDS - LAST 10 YEARS    73
5.9.1    INSIGHT    74
5.9.2    LEGAL STATUS OF PATENTS    74
FIGURE 27    LEGAL STATUS OF PATENTS    74
FIGURE 28    TOP JURISDICTION, BY DOCUMENT    75
FIGURE 29    TOP 10 COMPANIES/APPLICANTS WITH HIGHEST NUMBER OF PATENTS    76
TABLE 9    LIST OF PATENTS BY THE GOODYEAR TIRE & RUBBER COMPANY    76
TABLE 10    LIST OF PATENTS BY IDEMITSU KOSAN CO., LTD.    77
TABLE 11    LIST OF PATENTS BY EXXONMOBIL CHEMICAL PATENTS INC.    78
TABLE 12    TOP 10 PATENT OWNERS (US) IN LAST 10 YEARS    79
5.10    IMPACT OF COVID-19 ON PROCESS OIL MARKET    79
5.10.1    INTRODUCTION    79
5.10.2    IMPACT OF COVID-19 ON LIVES AND LIVELIHOOD    79
5.10.3    ECONOMIC OUTLOOK    79
TABLE 13    THE TABLE BELOW REPRESENTS THE ECONOMIC OUTLOOK
PROJECTED BY THE IMF FOR 2021 AND 2022    80
5.10.4    IMPACT OF COVID-19: CUSTOMER ANALYSIS    80
5.10.5    IMPACT OF COVID-19 ON PROCESS OIL APPLICATIONS    81
5.10.5.1    Tire & Rubber    81
5.10.5.2    Polymer    81
5.10.5.3    Personal Care    81
5.10.5.4    Textile    81
5.11    KEY CONFERENCES & EVENTS IN 2022–2023    82
TABLE 14    PROCESS OIL MARKET: DETAILED LIST OF CONFERENCES & EVENTS    82
5.12    TRADE DATA    82
5.12.1    SYNTHETIC RUBBER AND FACTICE DERIVED FROM OILS, IN PRIMARY FORMS OR IN PLATES, SHEETS, OR STRIPS: IMPORT DATA    83
5.12.2    SYNTHETIC RUBBER AND FACTICE DERIVED FROM OILS, IN PRIMARY FORMS OR IN PLATES, SHEETS, OR STRIPS: EXPORT DATA    83
6    PROCESS OIL MARKET, BY TYPE    84
6.1    INTRODUCTION    85
FIGURE 30    NAPHTHENIC SEGMENT TO LEAD PROCESS OIL  
MARKET DURING FORECAST PERIOD    85
TABLE 15    PROCESS OIL MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)    85
TABLE 16    PROCESS OIL MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)    85
TABLE 17    PROCESS OIL MARKET SIZE, BY TYPE, 2016–2020 (KILOTON)    86
TABLE 18    PROCESS OIL MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)    86
6.2    NAPHTHENIC    86
6.2.1    THERMAL STABILITY AND EXCELLENT SOLVENCY PROPERTIES TO INCREASE DEMAND FOR NAPHTHENIC PROCESS OIL    86
6.3    PARAFFINIC    87
6.3.1    GROWING DEMAND FROM PRINTING INKS INDUSTRY TO FUEL GROWTH    87
6.4    NON-CARCINOGENIC    87
6.4.1    STRINGENT REGULATIONS TO DRIVE MARKET    87
6.5    AROMATIC    87
6.5.1    USE OF AROMATIC PROCESS OILS IN AUTOMOTIVE SECTOR TO FUEL GROWTH    87
7    PROCESS OIL MARKET, BY FUNCTION    88
7.1    INTRODUCTION    89
FIGURE 31    EXTENDER OIL SEGMENT TO LEAD PROCESS OIL
MARKET DURING FORECAST PERIOD    89
TABLE 19    PROCESS OIL MARKET SIZE, BY FUNCTION, 2016–2020 (USD MILLION)    89
TABLE 20    PROCESS OIL MARKET SIZE, BY FUNCTION, 2021–2027 (USD MILLION)    90
TABLE 21    PROCESS OIL MARKET SIZE, BY FUNCTION, 2016–2020 (KILOTON)    90
TABLE 22    PROCESS OIL MARKET SIZE, BY FUNCTION, 2021–2027 (KILOTON)    90
7.2    EXTENDER OIL    91
7.2.1    USE OF EXTENDER OIL IN TIRE & RUBBER GOODS TO FUEL DEMAND    91
7.3    PLASTICIZER    91
7.3.1    FLEXIBILITY AND PLASTICITY OFFERED BY PLASTICIZERS TO POLYMER SOLUTIONS TO PROPEL DEMAND    91
7.4    SOLVENT    91
7.4.1    DEMAND FOR SOLVENTS IN PETROLEUM SECTOR TO DRIVE ITS GROWTH    91
7.5    DEFOAMER    92
7.5.1    REDUCTION OF FOAM FORMATION IN INDUSTRIAL PROCESS WITH DEFOAMERS TO INCREASE DEMAND    92
7.6    OTHERS    92
8    PROCESS OIL MARKET, BY PRODUCTION TECHNOLOGY    93
8.1    INTRODUCTION    93
8.2    CONVENTION ROUTE    93
8.2.1    INCREASED WELL PRODUCTIVITY THROUGH CONVENTION
ROUTE TO FUEL DEMAND    93
8.3    GAS TO LIQUID (GTL)    93
8.3.1    BENEFITS OF GTL TECHNOLOGY IN ENERGY PRODUCTION
TO PROPEL DEMAND    93
8.4    BIO-BASED    94
8.4.1    ADVANCEMENT IN PETROLEUM SECTOR TO ENHANCE GROWTH    94
9    PROCESS OIL MARKET, BY APPLICATION    95
9.1    INTRODUCTION    96
FIGURE 32    TIRE & RUBBER APPLICATION TO LEAD PROCESS  OIL MARKET DURING FORECAST PERIOD    96
TABLE 23    PROCESS OIL MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)    96
TABLE 24    PROCESS OIL MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)    97
TABLE 25    PROCESS OIL MARKET SIZE, BY APPLICATION, 2016–2020 (KILOTON)    97
TABLE 26    PROCESS OIL MARKET SIZE, BY APPLICATION, 2021–2027 (KILOTON)    97
9.2    TIRE & RUBBER    98
9.2.1    INCREASE IN AUTOMOBILE DEMAND TO DRIVE TIRE & RUBBER APPLICATION    98
9.3    POLYMER    98
9.3.1    GROWTH OF POLYMER INDUSTRY IN ASIA PACIFIC TO DRIVE THE GROWTH    98
9.4    PERSONAL CARE    99
9.4.1    INCREASING DEMAND FOR NATURAL SKINCARE PRODUCTS
IS DRIVING GROWTH    99
9.5    TEXTILE    99
9.5.1    ANTI-RUPTURE AND ANTI-DUST FORMATION PROPERTIES
HAVE CREATED HIGH DEMAND    99
9.6    OTHERS    99
10    REGIONAL ANALYSIS    100
10.1    INTRODUCTION    101
FIGURE 33    ASIA PACIFIC TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD    101
TABLE 27    PROCESS OIL MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)    101
TABLE 28    PROCESS OIL MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)    102
TABLE 29    PROCESS OIL MARKET SIZE, BY REGION, 2016–2020 (KILOTON)    102
TABLE 30    PROCESS OIL MARKET SIZE, BY REGION, 2021–2027 (KILOTON)    102
10.2    ASIA PACIFIC    103
FIGURE 34    ASIA PACIFIC: PROCESS OIL MARKET SNAPSHOT    103
TABLE 31    ASIA PACIFIC: PROCESS OIL MARKET SIZE, BY COUNTRY,
2016–2020 (USD MILLION)    104
TABLE 32    ASIA PACIFIC: PROCESS OIL MARKET SIZE, BY COUNTRY,
2021–2027 (USD MILLION)    104
TABLE 33    ASIA PACIFIC: PROCESS OIL MARKET SIZE, BY COUNTRY,
2016–2020 (KILOTON)    104
TABLE 34    ASIA PACIFIC: PROCESS OIL MARKET SIZE, BY COUNTRY,
2021–2027 (KILOTON)    105
TABLE 35    ASIA PACIFIC: PROCESS OIL MARKET SIZE, BY TYPE,
2016–2020 (USD MILLION)    105
TABLE 36    ASIA PACIFIC: PROCESS OIL MARKET SIZE, BY TYPE,
2021–2027 (USD MILLION)    105
TABLE 37    ASIA PACIFIC: PROCESS OIL MARKET SIZE, BY TYPE, 2016–2020 (KILOTON)    106
TABLE 38    ASIA PACIFIC: PROCESS OIL MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)    106
TABLE 39    ASIA PACIFIC: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    106
TABLE 40    ASIA PACIFIC: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (USD MILLION)    107
TABLE 41    ASIA PACIFIC: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (KILOTON)    107
TABLE 42    ASIA PACIFIC: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (KILOTON)    107
10.2.1    CHINA    108
10.2.1.1    Increased demand for tire from growing automotive sector to drive consumption of process oil    108
TABLE 43    CHINA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    108
TABLE 44    CHINA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (USD MILLION)    108
TABLE 45    CHINA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (KILOTON)    109
TABLE 46    CHINA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (KILOTON)    109
10.2.2    INDIA    109
10.2.2.1    Growth in tire industry to enhance the demand for process oil    109
TABLE 47    INDIA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    110
TABLE 48    INDIA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (USD MILLION)    110
TABLE 49    INDIA: PROCESS OIL MARKET SIZE, BY APPLICATION, 2016–2020 (KILOTON)    110
TABLE 50    INDIA: PROCESS OIL MARKET SIZE, BY APPLICATION, 2021–2027 (KILOTON)    111
10.2.3    JAPAN    111
10.2.3.1    Plastic industry contributing significant portion to GDP to enhance the market    111
TABLE 51    JAPAN: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    111
TABLE 52    JAPAN: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (USD MILLION)    112
TABLE 53    JAPAN: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (KILOTON)    112
TABLE 54    JAPAN: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (KILOTON)    112
10.2.4    SOUTH KOREA    113
10.2.4.1    Growth in personal care & beauty market to propel demand    113
TABLE 55    SOUTH KOREA: PROCESS OIL MARKET SIZE, BY APPLICATION,  
2016–2020 (USD MILLION)    113
TABLE 56    SOUTH KOREA: PROCESS OIL MARKET SIZE, BY APPLICATION,  
2021–2027 (USD MILLION)    113
TABLE 57    SOUTH KOREA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (KILOTON)    114
TABLE 58    SOUTH KOREA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (KILOTON)    114
10.2.5    INDONESIA    114
10.2.5.1    Significant increase in production of cars and commercial vehicles to drive market    114
TABLE 59    INDONESIA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    115
TABLE 60    INDONESIA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (USD MILLION)    115
TABLE 61    INDONESIA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (KILOTON)    115
TABLE 62    INDONESIA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (KILOTON)    116
10.2.6    THAILAND    116
10.2.6.1    Growth in plastic industry will create demand for process oil    116
TABLE 63    THAILAND: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    116
TABLE 64    THAILAND: PROCESS OIL MARKET SIZE, BY APPLICATION,
 2021–2027 (USD MILLION)    117
TABLE 65    THAILAND: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (KILOTON)    117
TABLE 66    THAILAND: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (KILOTON)    117
10.2.7    REST OF ASIA PACIFIC    118
TABLE 67    REST OF ASIA PACIFIC: PROCESS OIL MARKET SIZE, BY APPLICATION,  
2016–2020 (USD MILLION)    118
TABLE 68    REST OF ASIA PACIFIC: PROCESS OIL MARKET SIZE, BY APPLICATION,  
2021–2027 (USD MILLION)    118
TABLE 69    REST OF ASIA PACIFIC: PROCESS OIL MARKET SIZE, BY APPLICATION,  
2016–2020 (KILOTON)    119
TABLE 70    REST OF ASIA PACIFIC: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (KILOTON)    119
10.3    NORTH AMERICA    119
FIGURE 35    NORTH AMERICA: PROCESS OIL MARKET SNAPSHOT    120
TABLE 71    NORTH AMERICA: PROCESS OIL MARKET SIZE, BY COUNTRY,
2016–2020 (USD MILLION)    121
TABLE 72    NORTH AMERICA: PROCESS OIL MARKET SIZE, BY COUNTRY,
2021–2027 (USD MILLION)    121
TABLE 73    NORTH AMERICA: PROCESS OIL MARKET SIZE, BY COUNTRY,
2016–2020 (KILOTON)    121
TABLE 74    NORTH AMERICA: PROCESS OIL MARKET SIZE, BY COUNTRY,
2021–2027 (KILOTON)    121
TABLE 75    NORTH AMERICA: PROCESS OIL MARKET SIZE, BY TYPE,
2016–2020 (USD MILLION)    122
TABLE 76    NORTH AMERICA: PROCESS OIL MARKET SIZE, BY TYPE,
2021–2027 (USD MILLION)    122
TABLE 77    NORTH AMERICA: PROCESS OIL MARKET SIZE, BY TYPE,
2016–2020 (KILOTON)    122
TABLE 78    NORTH AMERICA: PROCESS OIL MARKET SIZE, BY TYPE,
2021–2027 (KILOTON)    122
TABLE 79    NORTH AMERICA: PROCESS OIL MARKET SIZE, BY APPLICATION,  
2016–2020 (USD MILLION)    123
TABLE 80    NORTH AMERICA: PROCESS OIL MARKET SIZE, BY APPLICATION,  
2021–2027 (USD MILLION)    123
TABLE 81    NORTH AMERICA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (KILOTON)    123
TABLE 82    NORTH AMERICA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (KILOTON)    124
10.3.1    US    124
10.3.1.1    Increasing sales of passenger vehicles to drive market    124
TABLE 83    US: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    124
TABLE 84    US: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (USD MILLION)    125
TABLE 85    US: PROCESS OIL MARKET SIZE, BY APPLICATION, 2016–2020 (KILOTON)    125
TABLE 86    US: PROCESS OIL MARKET SIZE, BY APPLICATION, 2021–2027 (KILOTON)    125
10.3.2    CANADA    126
10.3.2.1    Growth in pharmaceutical sector to drive market    126
TABLE 87    CANADA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    126
TABLE 88    CANADA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (USD MILLION)    126
TABLE 89    CANADA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (KILOTON)    127
TABLE 90    CANADA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (KILOTON)    127
10.3.3    MEXICO    127
10.3.3.1    Growing demand for tires in Mexico to drive market    127
TABLE 91    MEXICO: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    128
TABLE 92    MEXICO: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (USD MILLION)    128
TABLE 93    MEXICO: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (KILOTON)    128
TABLE 94    MEXICO: PROCESS OIL MARKET SIZE, BY APPLICATION,
 2021–2027 (KILOTON)    129
10.4    EUROPE    129
FIGURE 36    EUROPE: PROCESS OIL MARKET SNAPSHOT    130
TABLE 95    EUROPE: PROCESS OIL MARKET SIZE, BY COUNTRY,
2016–2020 (USD MILLION)    131
TABLE 96    EUROPE: PROCESS OIL MARKET SIZE, BY COUNTRY,
2021–2027 (USD MILLION)    131
TABLE 97    EUROPE: PROCESS OIL MARKET SIZE, BY COUNTRY, 2016–2020 (KILOTON)    131
TABLE 98    EUROPE: PROCESS OIL MARKET SIZE, BY COUNTRY, 2021–2027 (KILOTON)    132
TABLE 99    EUROPE: PROCESS OIL MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)    132
TABLE 100    EUROPE: PROCESS OIL MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)    132
TABLE 101    EUROPE: PROCESS OIL MARKET SIZE, BY TYPE, 2016–2020 (KILOTON)    133
TABLE 102    EUROPE: PROCESS OIL MARKET SIZE, BY TYPE, 2021–2027 (KILOTON)    133
TABLE 103    EUROPE: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    133
TABLE 104    EUROPE: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (USD MILLION)    134
TABLE 105    EUROPE: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (KILOTON)    134
TABLE 106    EUROPE: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (KILOTON)    134
10.4.1    RUSSIA    135
10.4.1.1    Rise in polymer application to propel demand    135
TABLE 107    RUSSIA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    135
TABLE 108    RUSSIA: PROCESS OIL MARKET SIZE, BY APPLICATION,
 2021–2027 (USD MILLION)    135
TABLE 109    RUSSIA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (KILOTON)    136
TABLE 110    RUSSIA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (KILOTON)    136
10.4.2    GERMANY    136
10.4.2.1    Growing automotive industry to boost demand for tire application of process oil    136
TABLE 111    GERMANY: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    137
TABLE 112    GERMANY: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (USD MILLION)    137
TABLE 113    GERMANY: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (KILOTON)    137
TABLE 114    GERMANY: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (KILOTON)    138
10.4.3    UK    138
10.4.3.1    Advancement in textile industry to drive growth of process oil market    138
TABLE 115    UK: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    138
TABLE 116    UK: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (USD MILLION)    139
TABLE 117    UK: PROCESS OIL MARKET SIZE, BY APPLICATION, 2016–2020 (KILOTON)    139
TABLE 118    UK: PROCESS OIL MARKET SIZE, BY APPLICATION, 2021–2027 (KILOTON)    139
10.4.4    FRANCE    140
10.4.4.1    Increasing production of personal care products to fuel market    140
TABLE 119    FRANCE: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    140
TABLE 120    FRANCE: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (USD MILLION)    140
TABLE 121    FRANCE: PROCESS OIL MARKET SIZE, BY APPLICATION,
 2016–2020 (KILOTON)    141
TABLE 122    FRANCE: PROCESS OIL MARKET SIZE, BY APPLICATION,
 2021–2027 (KILOTON)    141
10.4.5    SPAIN    141
10.4.5.1    Increasing investment in automotive sector to enhance demand    141
TABLE 123    SPAIN: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    142
TABLE 124    SPAIN: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (USD MILLION)    142
TABLE 125    SPAIN: PROCESS OIL MARKET SIZE, BY APPLICATION, 2016–2020 (KILOTON)    142
TABLE 126    SPAIN: PROCESS OIL MARKET SIZE, BY APPLICATION, 2021–2027 (KILOTON)    143
10.4.6    ITALY    143
10.4.6.1    Growing demand from textile industry to drive process oil market    143
TABLE 127    ITALY: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    143
TABLE 128    ITALY: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (USD MILLION)    144
TABLE 129    ITALY: PROCESS OIL MARKET SIZE, BY APPLICATION, 2016–2020 (KILOTON)    144
TABLE 130    ITALY: PROCESS OIL MARKET SIZE, BY APPLICATION, 2021–2027 (KILOTON)    144
10.4.7    REST OF EUROPE    145
TABLE 131    REST OF EUROPE: PROCESS OIL MARKET SIZE, BY APPLICATION,  
2021–2027 (USD MILLION)    145
TABLE 133    REST OF EUROPE: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (KILOTON)    146
TABLE 134    REST OF EUROPE: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (KILOTON)    146
10.5    MIDDLE EAST & AFRICA    146
TABLE 135    MIDDLE EAST & AFRICA: PROCESS OIL MARKET SIZE, BY COUNTRY,  
2016–2020 (USD MILLION)    146
TABLE 136    MIDDLE EAST & AFRICA: PROCESS OIL MARKET SIZE, BY COUNTRY,  
2021–2027 (USD MILLION)    147
TABLE 137    MIDDLE EAST & AFRICA: PROCESS OIL MARKET SIZE, BY COUNTRY,  
2016–2020 (KILOTON)    147
TABLE 138    MIDDLE EAST & AFRICA: PROCESS OIL MARKET SIZE, BY COUNTRY,
 2021–2027 (KILOTON)    147
TABLE 139    MIDDLE EAST & AFRICA: PROCESS OIL MARKET SIZE, BY TYPE,
 2016–2020 (USD MILLION)    148
TABLE 140    MIDDLE EAST & AFRICA: PROCESS OIL MARKET SIZE, BY TYPE,  
2021–2027 (USD MILLION)    148
TABLE 141    MIDDLE EAST & AFRICA: PROCESS OIL MARKET SIZE, BY TYPE,
2016–2020 (KILOTON)    148
TABLE 142    MIDDLE EAST & AFRICA: PROCESS OIL MARKET SIZE, BY TYPE,
2021–2027 (KILOTON)    148
TABLE 143    MIDDLE EAST & AFRICA: PROCESS OIL MARKET SIZE, BY APPLICATION,  2016–2020 (USD MILLION)    149
TABLE 144    MIDDLE EAST & AFRICA: PROCESS OIL MARKET SIZE, BY APPLICATION,  2021–2027 (USD MILLION)    149
TABLE 145    MIDDLE EAST & AFRICA: PROCESS OIL MARKET SIZE, BY APPLICATION,  2016–2020 (KILOTON)    149
TABLE 146    MIDDLE EAST & AFRICA: PROCESS OIL MARKET SIZE, BY APPLICATION,  2021–2027 (KILOTON)    150
10.5.1    SAUDI ARABIA    150
10.5.1.1    Rising demand for personal care products to boost process oil market    150
TABLE 147    SAUDI ARABIA: PROCESS OIL MARKET SIZE, BY APPLICATION,  
2016–2020 (USD MILLION)    150
TABLE 148    SAUDI ARABIA: PROCESS OIL MARKET SIZE, BY APPLICATION,  
2021–2027 (USD MILLION)    151
TABLE 149    SAUDI ARABIA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (KILOTON)    151
TABLE 150    SAUDI ARABIA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (KILOTON)    151
10.5.2    UAE    152
10.5.2.1    Increasing government investment in automobile sector to contribute to growth of market    152
TABLE 151    UAE: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    152
TABLE 152    UAE: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (USD MILLION)    152
TABLE 153    UAE: PROCESS OIL MARKET SIZE, BY APPLICATION, 2016–2020 (KILOTON)    153
TABLE 154    UAE: PROCESS OIL MARKET SIZE, BY APPLICATION, 2021–2027 (KILOTON)    153
10.5.3    IRAN    153
10.5.3.1    Development of polymer industry in Iran to drive process oil market    153
TABLE 155    IRAN: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    154
TABLE 156    IRAN: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (USD MILLION)    154
TABLE 157    IRAN: PROCESS OIL MARKET SIZE, BY APPLICATION, 2016–2020 (KILOTON)    154
TABLE 158    IRAN: PROCESS OIL MARKET SIZE, BY APPLICATION, 2021–2027 (KILOTON)    155
10.5.4    REST OF MIDDLE EAST & AFRICA    155
TABLE 159    REST OF MIDDLE EAST & AFRICA: PROCESS OIL MARKET SIZE,
BY APPLICATION,  2016–2020 (USD MILLION)    155
TABLE 160    REST OF MIDDLE EAST & AFRICA: PROCESS OIL MARKET SIZE,
BY APPLICATION,  2021–2027 (USD MILLION)    156
TABLE 161    REST OF MIDDLE EAST & AFRICA: PROCESS OIL MARKET SIZE,
BY APPLICATION,  2016–2020 (KILOTON)    156
TABLE 162    REST OF MIDDLE EAST & AFRICA: PROCESS OIL MARKET SIZE,
BY APPLICATION,  2021–2027 (KILOTON)    156
10.6    SOUTH AMERICA    157
TABLE 163    SOUTH AMERICA: PROCESS OIL MARKET SIZE, BY COUNTRY,
2016–2020 (USD MILLION)    157
TABLE 164    SOUTH AMERICA: PROCESS OIL MARKET SIZE, BY COUNTRY,
2021–2027 (USD MILLION)    157
TABLE 165    SOUTH AMERICA: PROCESS OIL MARKET SIZE, BY COUNTRY,
2016–2020 (KILOTON)    157
TABLE 166    SOUTH AMERICA: PROCESS OIL MARKET SIZE, BY COUNTRY,
2021–2027 (KILOTON)    158
TABLE 167    SOUTH AMERICA: PROCESS OIL MARKET SIZE, BY TYPE,
2016–2020 (USD MILLION)    158
TABLE 168    SOUTH AMERICA: PROCESS OIL MARKET SIZE, BY TYPE,
2021–2027 (USD MILLION)    158
TABLE 169    SOUTH AMERICA: PROCESS OIL MARKET SIZE, BY TYPE,
 2016–2020 (KILOTON)    158
TABLE 170    SOUTH AMERICA: PROCESS OIL MARKET SIZE, BY TYPE,
2021–2027 (KILOTON)    159
TABLE 171    SOUTH AMERICA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    159
TABLE 172    SOUTH AMERICA: PROCESS OIL MARKET SIZE, BY APPLICATION,  
2021–2027 (USD MILLION)    159
TABLE 173    SOUTH AMERICA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (KILOTON)    160
TABLE 174    SOUTH AMERICA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (KILOTON)    160
10.6.1    BRAZIL    160
10.6.1.1    Textile industry is growing steadily, which is expected to propel demand    160
TABLE 175    BRAZIL: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    161
TABLE 176    BRAZIL: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (USD MILLION)    161
TABLE 177    BRAZIL: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (KILOTON)    161
TABLE 178    BRAZIL: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (KILOTON)    162
10.6.2    ARGENTINA    162
10.6.2.1    Growing demand for commercial vehicles will drive market    162
TABLE 179    ARGENTINA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    162
TABLE 180    ARGENTINA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (USD MILLION)    163
TABLE 181    ARGENTINA: PROCESS OIL MARKET SIZE, BY APPLICATION,
 2016–2020 (KILOTON)    163
TABLE 182    ARGENTINA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (KILOTON)    163
10.6.3    COLOMBIA    164
10.6.3.1    Growing textile industry to propel demand for process oil    164
TABLE 183    COLOMBIA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION)    164
TABLE 184    COLOMBIA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (USD MILLION)    164
TABLE 185    COLOMBIA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2016–2020 (KILOTON)    165
TABLE 186    COLOMBIA: PROCESS OIL MARKET SIZE, BY APPLICATION,
2021–2027 (KILOTON)    165
10.6.4    REST OF SOUTH AMERICA    165
TABLE 187    REST OF SOUTH AMERICA: PROCESS OIL MARKET SIZE, BY APPLICATION,  2016–2020 (USD MILLION)    165
TABLE 188    REST OF SOUTH AMERICA: PROCESS OIL MARKET SIZE, BY APPLICATION,  2021–2027 (USD MILLION)    166
TABLE 189    REST OF SOUTH AMERICA: PROCESS OIL MARKET SIZE, BY APPLICATION,  2016–2020 (KILOTON)    166
TABLE 190    REST OF SOUTH AMERICA: PROCESS OIL MARKET SIZE, BY APPLICATION,  2021–2027 (KILOTON)    166
11    COMPETITIVE LANDSCAPE    167
11.1    STRATEGIES OF KEY PLAYERS    167
TABLE 191    OVERVIEW OF KEY STRATEGIES ADOPTED BY TOP PLAYERS    167
11.2    REVENUE ANALYSIS    168
FIGURE 37    REVENUE ANALYSIS FOR KEY COMPANIES IN THE PAST 5 YEARS    168
11.3    MARKET SHARE ANALYSIS    169
FIGURE 38    PROCESS OIL: MARKET SHARE ANALYSIS    170
TABLE 192    PROCESS OIL MARKET: TYPE FOOTPRINT    172
TABLE 193    PROCESS OIL MARKET: APPLICATION FOOTPRINT    173
TABLE 194    PROCESS OIL MARKET: REGION FOOTPRINT    174

11.4    COMPANY EVALUATION MATRIX    175
11.4.1    STAR    175
11.4.2    EMERGING LEADERS    175
11.4.3    PERVASIVE    175
11.4.4    PARTICIPANTS    175
FIGURE 39    PROCESS OIL MARKET: COMPANY EVALUATION MATRIX, 2021    176
11.4.4.1    COMPETITIVE BENCHMARKING    177
TABLE 195    PROCESS OIL MARKET: DETAILED LIST OF KEY STARTUPS/SMES    177
TABLE 196    PROCESS OIL MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [STARTUPS/SMES]    178
11.5    SMALL AND MEDIUM-SIZED ENTERPRISES (SME) MATRIX, 2021    179
11.5.1    PROGRESSIVE COMPANIES    179
11.5.2    STARTING BLOCKS    179
11.5.3    DYNAMIC COMPANIES    179
11.5.4    RESPONSIVE COMPANIES    179
FIGURE 40    PROCESS OIL MARKET: SME MATRIX, 2021    180
11.6    COMPETITIVE SCENARIO    181
TABLE 197    PROCESS OIL MARKET: PRODUCT LAUNCHES, 2018–2022    181
TABLE 198    PROCESS OIL MARKET: DEALS, 2018–2022    182
TABLE 199    PROCESS OIL MARKET: OTHER DEVELOPMENTS, 2018–2022    184
12    COMPANY PROFILES    185
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win,
Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1    SHELL PLC    185
TABLE 200    SHELL PLC: COMPANY OVERVIEW    185
FIGURE 41    SHELL PLC: COMPANY SNAPSHOT    186
TABLE 201    SHELL PLC: PRODUCT OFFERINGS    187
TABLE 202    SHELL PLC: DEALS    188
12.2    EXXON MOBIL CORPORATION    190
TABLE 203    EXXON MOBIL CORPORATION: COMPANY OVERVIEW    190
FIGURE 42    EXXON MOBIL CORPORATION: COMPANY SNAPSHOT    191
TABLE 204    EXXON MOBIL CORPORATION: PRODUCT OFFERINGS    192
TABLE 205    EXXON MOBIL CORPORATION: DEALS    193
TABLE 206    EXXON MOBIL CORPORATION: OTHERS    193
12.3    TOTALENERGIES    195
TABLE 207    TOTALENERGIES: COMPANY OVERVIEW    195
FIGURE 43    TOTALENERGIES: COMPANY SNAPSHOT    196
TABLE 208    TOTALENERGIES: PRODUCT OFFERINGS    197
TABLE 209    TOTALENERGIES: DEALS    198

12.4    IDEMITSU KOSAN CO., LTD.    200
TABLE 210    IDEMITSU KOSAN CO., LTD.: COMPANY OVERVIEW    200
FIGURE 44    IDEMITSU KOSAN CO., LTD.: COMPANY SNAPSHOT    201
TABLE 211    IDEMITSU KOSAN CO., LTD: PRODUCT OFFERINGS    202
TABLE 212    IDEMITSU KOSAN CO., LTD: PRODUCT LAUNCHES    203
12.5    PETROLIAM NASIONAL BERHAD (PETRONAS)    204
TABLE 213    PETROLIAM NASIONAL BERHAD (PETRONAS): COMPANY OVERVIEW    204
FIGURE 45    PETROLIAM NASIONAL BERHAD (PETRONAS): COMPANY SNAPSHOT    205
TABLE 214    PETROLIAM NASIONAL BERHAD (PETRONAS): PRODUCT OFFERINGS    206
TABLE 215    PETROLIAM NASIONAL BERHAD (PETRONAS): DEALS    207
12.6    INDIAN OIL CORPORATION LTD    209
TABLE 216    INDIAN OIL CORPORATION LTD: COMPANY OVERVIEW    209
FIGURE 46    INDIAN OIL CORPORATION LTD: COMPANY SNAPSHOT    210
TABLE 217    INDIAN OIL CORPORATION LTD: PRODUCT OFFERINGS    211
12.7    GANDHAR OIL REFINERY (INDIA) LIMITED    213
TABLE 218    GANDHAR OIL REFINERY (INDIA) LIMITED: COMPANY OVERVIEW    213
FIGURE 47    GANDHAR OIL REFINERY (INDIA) LIMITED: COMPANY SNAPSHOT    214
TABLE 219    GANDHAR OIL REFINERY (INDIA) LIMITED: PRODUCT OFFERINGS    215
TABLE 220    GANDHAR OIL REFINERY (INDIA) LIMITED: DEALS    215
12.8    HOLLYFRONTIER REFINING & MARKETING LLC    216
TABLE 221    HOLLYFRONTIER REFINING & MARKETING LLC: COMPANY OVERVIEW    216
TABLE 222    HOLLYFRONTIER REFINING & MARKETING LLC: PRODUCT OFFERINGS    216
12.9    BEHRAN OIL CO.    217
TABLE 223    BEHRAN OIL CO.: COMPANY OVERVIEW    217
TABLE 224    BEHRAN OIL CO.: PRODUCT OFFERINGS    217
12.10    ORGKHIM BIOCHEMICAL HOLDING    218
TABLE 225    ORGKHIM BIOCHEMICAL HOLDING: COMPANY OVERVIEW    218
TABLE 226    ORGKHIM BIOCHEMICAL HOLDING: PRODUCT OFFERINGS    218
TABLE 227    ORGKHIM BIOCHEMICAL HOLDING: DEALS    219
12.11    REPSOL    220
TABLE 228    REPSOL: COMPANY OVERVIEW    220
FIGURE 48    REPSOL: COMPANY SNAPSHOT    221
TABLE 229    REPSOL: PRODUCT OFFERINGS    222
TABLE 230    REPSOL: DEALS    223
12.12    HINDUSTAN PETROLEUM CORPORATION LIMITED    224
TABLE 231    HINDUSTAN PETROLEUM CORPORATION LIMITED: COMPANY OVERVIEW    224
FIGURE 49    HINDUSTAN PETROLEUM CORPORATION LIMITED: COMPANY SNAPSHOT    225
TABLE 232    HINDUSTAN PETROLEUM CORPORATION LIMITED: PRODUCT OFFERINGS    226
12.13    ORLEN UNIPETROL    227
TABLE 233    ORLEN UNIPETROL: COMPANY OVERVIEW    227
FIGURE 50    ORLEN UNIPETROL: COMPANY SNAPSHOT    228
TABLE 234    ORLEN UNIPETROL: PRODUCT OFFERINGS    228
12.14    PANAMA PETROCHEM LTD    229
TABLE 235    PANAMA PETROCHEM LTD: COMPANY OVERVIEW    229
FIGURE 51    PANAMA PETROCHEM LTD: COMPANY SNAPSHOT    230
TABLE 236    PANAMA PETROCHEM LTD: PRODUCT OFFERINGS    231
12.15    NYNAS AB    232
TABLE 237    NYNAS AB: COMPANY OVERVIEW    232
FIGURE 52    NYNAS AB: COMPANY SNAPSHOT    233
TABLE 238    NYNAS AB: PRODUCT OFFERINGS    233
TABLE 239    NYNAS AB: PRODUCT LAUNCHES    236
TABLE 240    NYNAS AB: OTHERS    237
12.16    H&R GROUP    238
TABLE 241    H&R GROUP: COMPANY OVERVIEW    238
FIGURE 53    H&R GROUP: COMPANY SNAPSHOT    239
TABLE 242    H&R GROUP: PRODUCT OFFERINGS    240
12.17    APAR INDUSTRIES    241
TABLE 243    APAR INDUSTRIES: COMPANY OVERVIEW    241
FIGURE 54    APAR INDUSTRIES: COMPANY SNAPSHOT    242
12.17.2    PRODUCTS/SOLUTIONS/SERVICES OFFERED    243
TABLE 244    APAR INDUSTRIES: PRODUCT OFFERINGS    243
12.18    OTHER PLAYERS    244
12.18.1    CPC CORPORATION    244
TABLE 245    CPC CORPORATION: COMPANY OVERVIEW    244
12.18.2    LODHA PETRO    245
TABLE 246    LODHA PETRO: COMPANY OVERVIEW    245
12.18.3    WBF PTE LTD    245
TABLE 247    WBF PTE LTD: COMPANY OVERVIEW    245
12.18.4    SWEPCO    246
TABLE 248    SWEPCO: COMPANY OVERVIEW    246
12.18.5    CROSS OIL    247
TABLE 249    CROSS OIL: COMPANY OVERVIEW    247
12.18.6    IRANOL COMPANY    247
TABLE 250    IRANOL COMPANY: COMPANY OVERVIEW    247
12.18.7    VINTROL LUBES PVT. LTD.    248
TABLE 251    VINTROL LUBES PVT. LTD.: COMPANY OVERVIEW    248
12.18.8    PETRO GULF FZC    249
TABLE 252    PETRO GULF FZC: COMPANY OVERVIEW    249
12.18.9    WITMANS INDUSTRIES PRIVATE LIMITED    250
TABLE 253    WITMANS INDUSTRIES PRIVATE LIMITED: COMPANY OVERVIEW    250
12.18.10    STERLITE LUBRICANTS    251
TABLE 254    STERLITE LUBRICANTS: COMPANY OVERVIEW    251
12.18.11    GP PETROLEUMS    251
TABLE 255    GP PETROLEUMS: COMPANY OVERVIEW    251
12.18.12    WELLBANK GLOBAL PTE LTD    252
TABLE 256    WELLBANK GLOBAL PTE LTD: COMPANY OVERVIEW    252
12.18.13    ERGON NORTH & SOUTH AMERICA    252
TABLE 257    ERGON NORTH & SOUTH AMERICA: COMPANY OVERVIEW    252
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13    APPENDIX    253
13.1    DISCUSSION GUIDE    253
13.2    KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL    256
13.3    AVAILABLE CUSTOMIZATIONS    258
13.4    RELATED REPORTS    258
13.5    AUTHOR DETAILS    259"