Base Oil Market Research Report 2019-2025

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Base Oil Market Research Report 2019-2025
Published on 16 September 2019
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Report Studies
Base Oil is the name given to lubrication grade
oils initially produced from refining crude oil
(mineral base oil) or through chemical synthesis
(synthetic base oil). Base Oil is typically
defined as oil with a boiling point range between
550 and 1050 F, consisting of hydrocarbons with
18 to 40 carbon atoms. This oil can be either
paraffinic or napthenic in nature depending on
the chemical structure of the molecules. Among
types, Group IV segment of the global base oil
market is projected to grow at the
highest CAGR during the forecast period. This is
due to increase in the consumption of Group IV
base oils, globally.
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Market Value
In 2018, the market size of Base Oil is 33.3
billion US and it expected to grow with CAGR of
1.81 during forecasrt period 2018-2026.
6000
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3500
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KEY STAKEHOLDERS
Base Oil Market Manufacturers
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Base Oil Market Distributors/Traders/Wholesalers
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Base Oil Market Subcomponent Manufacturers
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Industry Association
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Downstream Vendors
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Base Oil Market Research Report 2019-2025
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