Base Oil Market Size, Share & Industry Analysis, By Type (Group I, Group II, Group III, Group IV, and Others) By Application (Engine Oils, Gear Oils, Metalworking Fluids, General Industrial Oils, Greases, Process Oils, and Others), and Regional Forecast, 2024-2032

ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2023

Estimated Year

2024

Forecast Period

2024-2032

Historical Period

2019-2022

Unit

Value (USD Billion) and Volume (Million Ton)

Growth Rate

CAGR of 3.1% from 2024 to 2032

Segmentation

By Type

• Group I
• Group II
• Group III
• Group IV
• Others

By Application

• Engine Oils
• Gear Oils
• Metalworking Fluids
• General Industrial Oils
• Greases
• Process Oils
• Others

By Geography

• North America (By Type, By Application, By Country)
  • U.S.  (By Application)
  • Canada (By Application)
• Europe (By Type, By Application, By Country)
  • Germany (By Application)
  • Italy (By Application)
  • France (By Application)
  • U.K. (By Application)
  • Rest of Europe (By Application)
• Asia Pacific (By Type, By Application, Country)
  • China (By Application)
  • India (By Application)
  • Japan (By Application)
  • South Korea (By Application)
  • Rest of Asia Pacific (By Application)
• Latin America (By Type, By Application, Country)
  • Brazil (By Application)
  • Mexico (By Application)
  • Rest of Latin America (By Application)
•  Middle East & Africa (By Type, By Application, Country)
  • GCC (By Application)
  • South Africa (By Application)
  • Rest of the Middle East & Africa (By Application)