Research and Markets: Asia-Pacific Base Oil Market – Trends & Forecast – Reach Market Volume of 25,226.5 KT in 2020

Research and Markets (http://www.researchandmarkets.com/research/3fgpwm/asiapacific_base)
has announced the addition of the "Asia-Pacific
Base Oil Market by Type, by Application - Trends & Forecast to 2020"
report to their offering.

The base oil market is expected to witness a steady growth rate in the
next five years. The smooth function of machinery and equipment requires
lubricants. Hence, industrial growth is driving the overall lubricants
market and this in turn is increasing the demand for base oil. The
emerging markets such as China and India are stimulating the growth of
the base oil market due to increasing industrial production.

The report analyzes the Asia-Pacific base oil market trends and
forecasts till 2020. The market size estimations have been provided in
terms of market volume (KT). The report also identifies major
manufacturers of base oil and provides analysis for each player in terms
of company overview, financials, products offered, and recent
developments.

The Asia-Pacific base oil market is expected to witness a CAGR of 3.5%
between 2015 and 2020 and will reach market volume of 25,226.5 KT in
2020. The Asia-Pacific base oil market has been segmented based on
applications into automotive, industrial application, and others. The
demand has increased from vehicle owners for high performance lubricants
to substitute conventional lubricants. Hence, there a rise in the demand
for synthetic lubricants and thus the demand of Group II and Group IV
base oil is increasing

The high cost of certain base oil such as Group III and Group IV acts as
a constraint for growth of the overall Asia-Pacific base oil market. In
spite of the cost, the market for these types of base oil is expected to
grow at higher rates than the other types. The demand for Group III and
Group IV is driven due to its high performance.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Asia-Pacific Base Oil Market, By Type

8 Asia-Pacific Base Oil Market, By Application

9 Asia-Pacific Base Oil Market, By Region

10 Competitive Landscape

11 Company Profiles

Companies Mentioned:

• Chevron Corporation
• Exxon Mobil Corporation
• Gs Caltex Corporation
• Indian Oil Corporation Ltd.
• Neste Oil
• Petrochina Company Limited
• Petroliam Nasional Berhad (Petronas)
• Royal Dutch Shell PLC.
• Sinopec Limited
• S-Oil Corporation.

For more information visit http://www.researchandmarkets.com/research/3fgpwm/asiapacific_base

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