시장보고서

상품코드

1671094

베이스 오일 시장 규모, 점유율, 동향, 업계 분석 : 유형별, 등급별, 용도별, 지역별 - 예측(2025-2034년)

Base Oil Market Size, Share, Trends, Industry Analysis Report: By Type, Grade, Application, and Region - Market Forecast, 2025- 2034

발행일: 2025년 02월 | 리서치사:

Polaris Market Research | 페이지 정보: 영문 129 Pages | 배송안내 : 1-2일 (영업일 기준)

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Polaris Market Research의 최신 조사에 따르면 세계의 베이스 오일(기유) 시장 규모는 2034년까지 365억 1,000만 달러에 달할 전망입니다. 이 리포트는 현재 시장 역학에 대한 상세 인사이트와 향후 시장 성장에 관한 분석을 제공하고 있습니다.

기유는 윤활유, 그리스, 산업용 오일의 주성분으로 사용되는 정유 또는 합성 액체로 윤활유, 그리스, 산업용 오일의 필수적인 윤활성과 안정성을 제공합니다. 광유, 합성유, 바이오 기유 등이 일반적으로 사용되는 기유입니다.

친환경 제조 공정에 대한 관심은 기유 시장의 큰 흐름이며, 지속가능성에 대한 관심과 환경 규제 강화가 그 배경에 있습니다. 정유사들은 황 함량을 줄이고 배출가스를 줄이며 보다 깨끗하고 효율적인 기유를 생산하기 위해 수소화 분해 및 석유 및 가스 액화(GTL) 공정과 같은 첨단 기술을 채택하고 있습니다. 이러한 공정은 환경에 미치는 영향을 최소화하고 Euro VI와 같은 배출 기준을 준수하기 위한 세계 구상에 부합합니다. 또한 각 산업 분야의 최종사용자들은 이산화탄소 배출량이 적은 기유를 선호하고 있으며, 보다 환경 친화적인 제조 방식을 채택하는 추세가 가속화되고 있습니다. 이러한 변화는 환경 문제에 대응하는 것뿐만 아니라 지속가능성을 중시하는 시장 환경에서 기업의 경쟁 우위를 강화하는 것이기도 합니다.

그룹 II 및 그룹 III 기유의 발전은 고성능 윤활유에 대한 수요가 계속 증가함에 따라 기유 시장에 변화를 가져오고 있습니다. 이들 기유는 그룹 I에 비해 우수한 산화 안정성, 점도 제어 및 낮은 휘발성을 가지고 있으며, 까다로운 엔진 성능 및 연비 기준을 충족하는 데 이상적입니다. 고급 수소화 분해 및 촉매 탈지 등의 정제 기술 혁신으로 이러한 기유의 품질과 가용성이 크게 향상되었습니다. 특히 자동차 및 산업 부문은 저배출 및 고효율 윤활유에 대한 요구로 인해 수요를 주도하고 있습니다. 규제 프레임워크와 소비자 선호도가 지속가능하고 성능 중심의 솔루션으로 전환됨에 따라 그룹 II 및 그룹 III 오일이 새로운 업계 표준으로 부상하고 있습니다.

기유 시장 : 분석 개요

등급별로는 비용 효율성과 성능의 최적 균형으로 인해 그룹 II 부문이 2024년 시장을 주도했습니다.

유형별로 보면 합성유 부문은 가혹한 조건에서 작동하는 최신 고성능 엔진의 우수한 윤활에 대한 수요 증가로 인해 예측 기간 중 가장 빠른 성장을 보일 것으로 예상됩니다.

아시아태평양은 급속한 산업 성장, 자동차 생산 증가, 대규모 인프라 구축에 힘입어 2024년 기유 시장 매출을 견인할 것으로 예상됩니다.

중동 및 아프리카는 석유 생산 능력 증가와 정제 인프라에 대한 막대한 투자에 힘입어 기유 시장에서 가장 빠른 성장을 기록할 것으로 예상됩니다.

세계의 주요 기업에는 BP plc, Calumet, Inc., Chevron Corporation, ExxonMobil, FUCHS, H&R Group, Lukoil, Motiva Enterprises LLC, Neste, Petro-Canada Lubricants Inc., Phillips 66 Company, Shell, Sinopec, SK Enmove Co. 등이 있습니다.

시장 스냅숏
베이스 오일 시장 역학
- 촉진요인과 기회
  - 산업 성장과 에너지 효율화의 요구 증가
  - 합성유와 바이오 베이스 오일로의 이동
- 억제요인과 과제
  - 원유가격의 변동
PESTLE 분석
베이스 오일 시장 동향
밸류체인 분석

제5장 세계의 베이스 오일 시장 : 유형별

주요 분석 결과
서론
광유(미네랄 오일)
합성유
바이오 베이스 오일

제6장 세계의 베이스 오일 시장 : 등급별

주요 분석 결과
서론
그룹 I
그룹 II
그룹 III
그룹 IV
기타

제7장 세계의 베이스 오일 시장 : 용도별

주요 분석 결과
서론
자동차용 오일
산업용 오일
금속가공유
유압 오일
그리스
기타

제8장 세계의 베이스 오일 시장 : 지역별

주요 분석 결과
서론
- 베이스 오일 시장 평가 : 지역별(2020-2034년)
북미
- 북미 : 유형별(2020-2034년)
- 북미 : 등급별(2020-2034년)
- 북미 : 용도별(2020-2034년)
- 미국
- 캐나다
유럽
- 유럽 : 유형별(2020-2034년)
- 유럽 : 등급별, 2020-2034
- 유럽 : 용도별(2020-2034년)
- 영국
- 프랑스
- 독일
- 이탈리아
- 스페인
- 네덜란드
- 러시아
- 기타 유럽
아시아태평양
- 아시아태평양 : 유형별(2020-2034년)
- 아시아태평양 : 등급별(2020-2034년)
- 아시아태평양 : 용도별(2020-2034년)
- 중국
- 인도
- 말레이시아
- 일본
- 인도네시아
- 한국
- 호주
- 기타 아시아태평양
중동 및 아프리카
- 중동 및 아프리카 : 유형별(2020-2034년)
- 중동 및 아프리카 : 등급별(2020-2034년)
- 중동 및 아프리카 : 용도별(2020-2034년)
- 사우디아라비아
- 아랍에미리트
- 이스라엘
- 남아프리카공화국
- 기타 중동 및 아프리카
라틴아메리카
- 라틴아메리카 : 유형별(2020-2034년)
- 라틴아메리카 : 등급별(2020-2034년)
- 라틴아메리카 : 용도별(2020-2034년)
- 멕시코
- 브라질
- 아르헨티나
- 기타 라틴아메리카

제9장 경쟁 구도

사업 확대·기업 인수 분석
- 사업 확대
- 기업 인수
제휴/협업/합의/공개

제10장 기업 개요

BP plc
Calumet, Inc.,
Chevron Corporation
ExxonMobil
FUCHS
H&R Group
Lukoil
Motiva Enterprises LLC
Neste
Petro-Canada Lubricants Inc.,
Phillips 66 Company.
Shell
Sinopec
SK Enmove Co., Ltd.
TotalEnergies

KSA 25.03.27

The global base oil market size is expected to reach USD 36.51 billion by 2034, according to a new study by Polaris Market Research. The report "Base Oil Market Size, Share, Trends, Industry Analysis Report: By Type (Mineral Oil, Synthetic Oil, and Bio-Based Oil), Grade, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Base oils are refined petroleum or synthetic liquids used as the primary component in lubricants, greases, and industrial oils, providing essential lubrication and stability. Mineral oils, synthetic oils, and bio-based oils are some commonly used base oils.

The focus on eco-friendly production processes is a major trend in the base oil market, driven by the rising emphasis on sustainability and stricter environmental regulations. Refiners are adopting advanced technologies such as hydrocracking and gas-to-liquid (GTL) processes to produce cleaner and more efficient base oils with reduced sulfur content and lower emissions. These processes align with global initiatives to minimize environmental impact and comply with emission standards such as Euro VI. Additionally, end-users across industries are increasingly prioritizing base oils that contribute to a smaller carbon footprint, accelerating the adoption of greener production methods. This shift not only addresses environmental concerns but also enhances the competitive positioning of companies in a sustainability-focused market landscape.

Advancements in Group II and Group III base oils are transforming the base oil market as demand for higher-performance lubricants continues to grow. These base oils offer superior oxidation stability, viscosity control, and lower volatility compared to Group I oils, making them ideal for meeting stringent engine performance and fuel efficiency standards. Innovations in refining technologies, such as advanced hydrocracking and catalytic dewaxing, have significantly improved the quality and availability of these base oils. The automotive and industrial sectors, in particular, are driving demand due to their requirements for low-emission and high-efficiency lubricants. Group II and Group III oils are emerging as the new industry benchmarks as regulatory frameworks and consumer preferences shift towards sustainable and performance-driven solutions.

Base Oil Market Report Highlights

In terms of grade, the Group II segment led the market in 2024, attributed to its optimal balance of cost-effectiveness and performance.

Based on type, the synthetic oil segment is projected to witness the fastest growth during the forecast period, driven by the increasing demand for superior lubrication in modern high-performance engines operating under extreme conditions.

Asia Pacific led the base oil market revenue in 2024, fueled by rapid industrial growth, increasing automotive production, and large-scale infrastructure development.

The Middle East & Africa is anticipated to record the fastest growth in the base oil market, supported by rising oil production capacities and significant investments in refining infrastructure.

A few global key market players include BP plc; Calumet, Inc.; Chevron Corporation; ExxonMobil; FUCHS; H&R Group; Lukoil; Motiva Enterprises LLC; Neste; Petro-Canada Lubricants Inc.; Phillips 66 Company; Shell; Sinopec; SK Enmove Co., Ltd.; and TotalEnergies.

Polaris Market Research has segmented the base oil market report on the basis of type, grade, application, and region:

By Type Outlook (Revenue - USD Billion, 2020-2034)

Mineral Oil
Synthetic Oil
Bio-Based Oil

By Grade Outlook (Revenue - USD Billion, 2020-2034)

Group I
Group II
Group III
Group IV
Others

By Application Outlook (Revenue - USD Billion, 2020-2034)

Automotive Oil
Industrial Oil
Metalworking Fluids
Hydraulic Oil
Greases
Others

By Regional Outlook (Revenue - USD Billion, 2020-2034)

North America
US
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Vietnam
Australia
Rest of Asia Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of Middle East & Africa

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Base Oil Market Insights

4.1. Base Oil Market - Market Snapshot
4.2. Base Oil Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Rising Industrial Growth and Energy Efficiency Needs
  - 4.2.1.2. Shift Towards Synthetic and Bio-Based Oils
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Fluctuating prices of crude oil
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Base Oil Market Trends
4.6. Value Chain Analysis

5. Global Base Oil Market, by Type

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Base Oil Market, by Type, 2020-2034 (USD Billion)
5.3. Mineral Oil
- 5.3.1. Global Base Oil Market, by Mineral Oil, by Region, 2020-2034 (USD Billion)
5.4. Synthetic Oil
- 5.4.1. Global Base Oil Market, by Synthetic Oil, by Region, 2020-2034 (USD Billion)
5.5. Bio-Based Oil
- 5.5.1. Global Base Oil Market, by Bio-Based Oil, by Region, 2020-2034 (USD Billion)

6. Global Base Oil Market, by Grade

6.1. Key Findings
6.2. Introduction
6.3. Group I
- 6.3.1. Global Base Oil Market, by Group I, by Region, 2020-2034 (USD Billion)
6.4. Group II
- 6.4.1. Global Base Oil Market, by Group II, by Region, 2020-2034 (USD Billion)
6.5. Group III
- 6.5.1. Global Base Oil Market, by Group III, by Region, 2020-2034 (USD Billion)
6.6. Group IV
- 6.6.1. Global Base Oil Market, by Group IV, by Region, 2020-2034 (USD Billion)
6.7. Others
- 6.7.1. Global Base Oil Market, by Others, by Region, 2020-2034 (USD Billion)

7. Global Base Oil Market, by Application

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Base Oil Market, by Application, 2020-2034 (USD Billion)
7.3. Automotive Oil
- 7.3.1. Global Base Oil Market, by Automotive Oil, by Region, 2020-2034 (USD Billion)
7.4. Industrial Oil
- 7.4.1. Global Base Oil Market, by Industrial Oil, by Region, 2020-2034 (USD Billion)
7.5. Metalworking Fluids
- 7.5.1. Global Base Oil Market, by Metalworking Fluids, by Region, 2020-2034 (USD Billion)
7.6. Hydraulic Oil
- 7.6.1. Global Base Oil Market, by Hydraulic Oil, by Region, 2020-2034 (USD Billion)
7.7. Greases
- 7.7.1. Global Base Oil Market, by Greases, by Region, 2020-2034 (USD Billion)
7.8. Others
- 7.8.1. Global Base Oil Market, by Others, by Region, 2020-2034 (USD Billion)

8. Global Base Oil Market, by Geography

8.1. Key Findings
8.2. Introduction
- 8.2.1. Base Oil Market Assessment, By Geography, 2020-2034 (USD Billion)
8.3. Base Oil Market - North America
- 8.3.1. North America: Base Oil Market, by Type, 2020-2034 (USD Billion)
- 8.3.2. North America: Base Oil Market, by Grade, 2020-2034 (USD Billion)
- 8.3.3. North America: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.3.4. Base Oil Market - US
  - 8.3.4.1. US: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.3.4.2. US: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.3.4.3. US: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.3.5. Base Oil Market - Canada
  - 8.3.5.1. Canada: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.3.5.2. Canada: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.3.5.3. Canada: Base Oil Market, by Application, 2020-2034 (USD Billion)
8.4. Base Oil Market - Europe
- 8.4.1. Europe: Base Oil Market, by Type, 2020-2034 (USD Billion)
- 8.4.2. Europe: Base Oil Market, by Grade, 2020-2034 (USD Billion)
- 8.4.3. Europe: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.4.4. Base Oil Market - UK
  - 8.4.4.1. UK: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.4.4.2. UK: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.4.4.3. UK: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.4.5. Base Oil Market - France
  - 8.4.5.1. France: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.4.5.2. France: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.4.5.3. France: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.4.6. Base Oil Market - Germany
  - 8.4.6.1. Germany: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.4.6.2. Germany: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.4.6.3. Germany: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.4.7. Base Oil Market - Italy
  - 8.4.7.1. Italy: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.4.7.2. Italy: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.4.7.3. Italy: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.4.8. Base Oil Market - Spain
  - 8.4.8.1. Spain: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.4.8.2. Spain: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.4.8.3. Spain: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.4.9. Base Oil Market - Netherlands
  - 8.4.9.1. Netherlands: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.4.9.2. Netherlands: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.4.9.3. Netherlands: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.4.10. Base Oil Market - Russia
  - 8.4.10.1. Russia: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.4.10.2. Russia: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.4.10.3. Russia: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.4.11. Base Oil Market - Rest of Europe
  - 8.4.11.1. Rest of Europe: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.4.11.2. Rest of Europe: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.4.11.3. Rest of Europe: Base Oil Market, by Application, 2020-2034 (USD Billion)
8.5. Base Oil Market - Asia Pacific
- 8.5.1. Asia Pacific: Base Oil Market, by Type, 2020-2034 (USD Billion)
- 8.5.2. Asia Pacific: Base Oil Market, by Grade, 2020-2034 (USD Billion)
- 8.5.3. Asia Pacific: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.5.4. Base Oil Market - China
  - 8.5.4.1. China: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.5.4.2. China: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.5.4.3. China: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.5.5. Base Oil Market - India
  - 8.5.5.1. India: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.5.5.2. India: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.5.5.3. India: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.5.6. Base Oil Market - Malaysia
  - 8.5.6.1. Malaysia: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.5.6.2. Malaysia: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.5.6.3. Malaysia: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.5.7. Base Oil Market - Japan
  - 8.5.7.1. Japan: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.5.7.2. Japan: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.5.7.3. Japan: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.5.8. Base Oil Market - Indonesia
  - 8.5.8.1. Indonesia: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.5.8.2. Indonesia: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.5.8.3. Indonesia: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.5.9. Base Oil Market - South Korea
  - 8.5.9.1. South Korea: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.5.9.2. South Korea: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.5.9.3. South Korea: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.5.10. Base Oil Market - Australia
  - 8.5.10.1. Australia: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.5.10.2. Australia: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.5.10.3. Australia: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.5.11. Base Oil Market - Rest of Asia Pacific
  - 8.5.11.1. Rest of Asia Pacific: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.5.11.2. Rest of Asia Pacific: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.5.11.3. Rest of Asia Pacific: Base Oil Market, by Application, 2020-2034 (USD Billion)
8.6. Base Oil Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Base Oil Market, by Type, 2020-2034 (USD Billion)
- 8.6.2. Middle East & Africa: Base Oil Market, by Grade, 2020-2034 (USD Billion)
- 8.6.3. Middle East & Africa: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.6.4. Base Oil Market - Saudi Arabia
  - 8.6.4.1. Saudi Arabia: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.6.4.2. Saudi Arabia: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.6.4.3. Saudi Arabia: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.6.5. Base Oil Market - UAE
  - 8.6.5.1. UAE: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.6.5.2. UAE: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.6.5.3. UAE: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.6.6. Base Oil Market - Israel
  - 8.6.6.1. Israel: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.6.6.2. Israel: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.6.6.3. Israel: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.6.7. Base Oil Market - South Africa
  - 8.6.7.1. South Africa: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.6.7.2. South Africa: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.6.7.3. South Africa: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.6.8. Base Oil Market - Rest of Middle East & Africa
  - 8.6.8.1. Rest of Middle East & Africa: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.6.8.2. Rest of Middle East & Africa: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.6.8.3. Rest of Middle East & Africa: Base Oil Market, by Application, 2020-2034 (USD Billion)
8.7. Base Oil Market - Latin America
- 8.7.1. Latin America: Base Oil Market, by Type, 2020-2034 (USD Billion)
- 8.7.2. Latin America: Base Oil Market, by Grade, 2020-2034 (USD Billion)
- 8.7.3. Latin America: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.7.4. Base Oil Market - Mexico
  - 8.7.4.1. Mexico: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.7.4.2. Mexico: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.7.4.3. Mexico: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.7.5. Base Oil Market - Brazil
  - 8.7.5.1. Brazil: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.7.5.2. Brazil: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.7.5.3. Brazil: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.7.6. Base Oil Market - Argentina
  - 8.7.6.1. Argentina: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.7.6.2. Argentina: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.7.6.3. Argentina: Base Oil Market, by Application, 2020-2034 (USD Billion)
- 8.7.7. Base Oil Market - Rest of Latin America
  - 8.7.7.1. Rest of Latin America: Base Oil Market, by Type, 2020-2034 (USD Billion)
  - 8.7.7.2. Rest of Latin America: Base Oil Market, by Grade, 2020-2034 (USD Billion)
  - 8.7.7.3. Rest of Latin America: Base Oil Market, by Application, 2020-2034 (USD Billion)

9. Competitive Landscape

9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

10.1. BP plc
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. Calumet, Inc.,
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. Chevron Corporation
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. ExxonMobil
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. FUCHS
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. H&R Group
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. Lukoil
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
10.8. Motiva Enterprises LLC
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
10.9. Neste
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
10.10. Petro-Canada Lubricants Inc.,
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
10.11. Phillips 66 Company.
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
10.12. Shell
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
10.13. Sinopec
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
10.14. SK Enmove Co., Ltd.
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
10.15. TotalEnergies
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development