TABLE OF CONTENTS
1 INTRODUCTION 12
1.1 OBJECTIVES OF THE STUDY 12
1.2 MARKET DEFINITION 12
1.3 OVERVIEW 12
1.4 LIMITATIONS 13
1.5 MARKETS COVERED 13
2 MARKET SEGMENTATION 16
2.1 MARKETS COVERED 16
2.2 GEOGRAPHICAL SCOPE 17
2.3 YEARS CONSIDERED FOR THE STUDY 18
2.4 CURRENCY AND PRICING 18
2.5 DBMR TRIPOD DATA VALIDATION MODEL 19
2.6 MULTIVARIATE MODELLING 22
2.7 MANUFACTURING PROCESS LIFELINE CURVE 22
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 23
2.9 DBMR MARKET POSITION GRID 24
2.10 MARKET APPLICATION COVERAGE GRID 25
2.11 SECONDARY SOURCES 26
2.12 ASSUMPTIONS 26
3 EXECUTIVE SUMMARY 27
4 PREMIUM INSIGHTS 30
4.1 PESTLE ANALYSIS 32
4.1.1 POLITICAL FACTORS 32
4.1.2 ECONOMIC FACTORS 33
4.1.3 SOCIAL FACTORS 33
4.1.4 TECHNOLOGICAL FACTORS 33
4.1.5 LEGAL FACTORS 34
4.1.6 ENVIRONMENTAL FACTORS 34
4.2 PORTER’S FIVE FORCES: 35
4.2.1 THE THREAT OF NEW ENTRANTS: 35
4.2.2 THE THREAT OF SUBSTITUTES: 36
4.2.3 CUSTOMER BARGAINING POWER: 36
4.2.4 SUPPLIER BARGAINING POWER: 36
4.2.5 INTERNAL COMPETITION (RIVALRY): 37
4.3 CLIMATE CHANGE SCENARIO 38
4.3.1 ENVIRONMENTAL CONCERNS 38
4.3.2 INDUSTRY RESPONSE 38
4.3.3 GOVERNMENT’S ROLE 38
4.3.4 ANALYST RECOMMENDATION 38
4.4 CONSUMER BUYING FACTORS ANALYSIS 39
4.4.1 APPLICATION AND INTENDED USE 39
4.4.2 BRAND REPUTATION 39
4.4.3 AVAILABILITY AND CONVENIENCE OF SHIPMENT 40
4.5 IMPORT-EXPORT SCENARIO 41
4.6 KEY INDICATIONS FOR PRICE LEVELS FOR EACH APPLICATION 43
4.6.1 INDUSTRIAL GRADE 43
4.6.2 PHARMACEUTICAL GRADE 43
4.6.3 COSMETIC GRADE 43
4.6.4 FOOD GRADE 43
4.7 PRICE INDEX 45
4.8 PRODUCTION CAPACITY OVERVIEW 46
4.9 PRODUCTION CONSUMPTION ANALYSIS – GLOBAL MINERAL OIL MARKET 47
4.10 RAW MATERIAL COVERAGE 48
4.11 SUPPLY CHAIN ANALYSIS 49
4.11.1 OVERVIEW 49
4.11.2 LOGISTIC COST SCENARIO 49
4.11.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 50
4.12 TECHNOLOGICAL ADVANCEMENTS 51
4.13 THREAT ANALYSIS WITH THE EXCLUSIVE COVERAGE ON THE POTENTIAL OF BIO-BASED MATERIAL-DERIVED COUNTERPARTS 52
4.14 VENDOR SELECTION CRITERIA 53
5 REGULATORY FRAMEWORK AND GUIDELINES 55
6 MARKET OVERVIEW 57
6.1 DRIVERS 59
6.1.1 INCREASING CONSUMPTION OF MINERAL OIL IN PERSONAL CARE AND COSMETICS PRODUCTS 59
6.1.2 RISING ADOPTION IN PHARMACEUTICAL MARKETS 59
6.1.3 POSITIVE OUTLOOK TOWARD THE LUBRICANTS INDUSTRY 60
6.1.4 GROWING UTILIZATION IN THE FOOD SECTORS 61
6.2 RESTRAINTS 61
6.2.1 FLUCTUATION IN RAW MATERIAL PRICES 61
6.2.2 AVAILABILITY OF SUBSTITUTES 62
6.3 OPPORTUNITIES 62
6.3.1 NOVEL APPLICATION OF MINERAL OIL IN ADVANCED BATTERY SYSTEM MANUFACTURING 62
6.4 CHALLENGES 63
6.4.1 STRINGENT REGULATIONS ASSOCIATED WITH THE PARAFFIN APPLICATIONS IN INDUSTRIES 63
6.4.2 ENVIRONMENTAL CONCERNS IN THE REFINING AND PROCESSING OF MINERAL OIL 65
7 GLOBAL MINERAL OIL MARKET: BY REGION 66
7.1 OVERVIEW 66
7.2 EUROPE 69
7.3 NORTH AMERICA 72
7.4 SOUTH AMERICA 75
7.5 ASIA-PACIFIC 78
7.6 MIDDLE EAST & AFRICA 81
8 GLOBAL MINERAL OIL MARKET: COMPANY LANDSCAPE 84
8.1 COMPANY SHARE ANALYSIS: GLOBAL 84
8.2 COMPANY SHARE ANALYSIS: NORTH AMERICA 85
8.3 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 86
8.4 COMPANY SHARE ANALYSIS: EUROPE 87
8.5 NEW PACKAGING 88
8.6 PROCESS ADVANCEMENT 88
9 SWOT ANALYSIS 89
10 COMPANY PROFILES 90
10.1 REPSOL (2022) 90
10.1.1 COMPANY SNAPSHOT 90
10.1.2 REVENUE ANALYSIS 90
10.1.3 COMPANY SHARE ANALYSIS 91
10.1.4 PRODUCT PORTFOLIO 91
10.1.5 RECENT DEVELOPMENT 91
10.2 ENI BENELUX B.V. (SUBSIDIARY OF ENI S.P.A) 92
10.2.1 COMPANY SNAPSHOT 92
10.2.2 COMPANY SHARE ANALYSIS 92
10.2.3 PRODUCT PORTFOLIO 93
10.2.4 RECENT DEVELOPMENT 93
10.3 EXXON MOBIL CORPORATION (2022) 94
10.3.1 COMPANY SNAPSHOT 94
10.3.2 REVENUE ANALYSIS 94
10.3.3 COMPANY SHARE ANALYSIS 95
10.3.4 PRODUCT PORTFOLIO 95
10.3.5 RECENT DEVELOPMENT 95
10.4 H&R GROUP 96
10.4.1 COMPANY SNAPSHOT 96
10.4.2 REVENUE ANALYSIS 96
10.4.3 COMPANY SHARE ANALYSIS 97
10.4.4 PRODUCT PORTFOLIO 97
10.4.5 RECENT DEVELOPMENT 97
10.5 INDIAN OIL CORPORATION LTD (2022) 98
10.5.1 COMPANY SNAPSHOT 98
10.5.2 REVENUE ANALYSIS 98
10.5.3 COMPANY SHARE ANALYSIS 99
10.5.4 PRODUCT PORTFOLIO 99
10.5.5 RECENT DEVELOPMENT 99
10.6 ADINATH CHEMICALS 100
10.6.1 COMPANY SNAPSHOT 100
10.6.2 PRODUCT PORTFOLIO 100
10.6.3 RECENT DEVELOPMENT 100
10.7 ALLWIN TRADE SOLUTIONS 101
10.7.1 COMPANY SNAPSHOT 101
10.7.2 PRODUCT PORTFOLIO 101
10.7.3 RECENT DEVELOPMENT 101
10.8 AP SAIGON PETRO 102
10.8.1 COMPANY SNAPSHOT 102
10.8.2 PRODUCT PORTFOLIO 102
10.8.3 RECENT DEVELOPMENT 102
10.9 APAR INDUSTRIES LIMITED (2022) 103
10.9.1 COMPANY SNAPSHOT 103
10.9.2 REVENUE ANALYSIS 103
10.9.3 PRODUCT PORTFOLIO 104
10.9.4 RECENT DEVELOPMENT 104
10.10 CALUMET SPECIALTY PRODUCTS PARTNERS, L.P. (2022) 105
10.10.1 COMPANY SNAPSHOT 105
10.10.2 REVENUE ANALYSIS 105
10.10.3 PRODUCT PORTFOLIO 106
10.10.4 RECENT DEVELOPMENT 106
10.11 CARMEL INDUSTRIES 107
10.11.1 COMPANY SNAPSHOT 107
10.11.2 PRODUCT PORTFOLIO 107
10.11.3 RECENT DEVELOPMENT 107
10.12 CEPSA 108
10.12.1 COMPANY SNAPSHOT 108
10.12.2 PRODUCT PORTFOLIO 108
10.12.3 RECENT DEVELOPMENT 109
10.13 EASTERN PETROLEUM 110
10.13.1 COMPANY SNAPSHOT 110
10.13.2 PRODUCT PORTFOLIO 110
10.13.3 RECENT DEVELOPMENT 110
10.14 GANDHAR OIL REFINERY (INDIA) LIMITED (2022) 111
10.14.1 COMPANY SNAPSHOT 111
10.14.2 REVENUE ANALYSIS 111
10.14.3 PRODUCT PORTFOLIO 112
10.14.4 RECENT DEVELOPMENT 112
10.15 LANXESS (2022) 113
10.15.1 COMPANY SNAPSHOT 113
10.15.2 REVENUE ANALYSIS 113
10.15.3 PRODUCT PORTFOLIO 114
10.15.4 RECENT DEVELOPMENT 114
10.16 LODHA PETRO 115
10.16.1 COMPANY SNAPSHOT 115
10.16.2 PRODUCT PORTFOLIO 115
10.16.3 RECENT DEVELOPMENT 116
10.17 NANDAN PETROCHEM LTD 117
10.17.1 COMPANY SNAPSHOT 117
10.17.2 PRODUCT PORTFOLIO 117
10.17.3 RECENT DEVELOPMENT 117
10.18 PETRO‐CANADA LUBRICANTS INC. 118
10.18.1 COMPANY SNAPSHOT 118
10.18.2 PRODUCT PORTFOLIO 118
10.18.3 RECENT DEVELOPMENT 119
10.19 RENKERT OIL 120
10.19.1 COMPANY SNAPSHOT 120
10.19.2 PRODUCT PORTFOLIO 120
10.19.3 RECENT DEVELOPMENT 120
10.20 SAVITA 121
10.20.1 COMPANY SNAPSHOT 121
10.20.2 REVENUE ANALYSIS 121
10.20.3 PRODUCT PORTFOLIO 122
10.20.4 RECENT DEVELOPMENT 122
10.21 SHANGHAI BOJING CHEMICAL INDUSTRY CO., LTD 123
10.21.1 COMPANY SNAPSHOT 123
10.21.2 PRODUCT PORTFOLIO 123
10.21.3 RECENT DEVELOPMENT 123
10.22 THE INTERNATIONAL GROUP, INC. 124
10.22.1 COMPANY SNAPSHOT 124
10.22.2 PRODUCT PORTFOLIO 124
10.22.3 RECENT DEVELOPMENT 124
10.23 UNICORN 125
10.23.1 COMPANY SNAPSHOT 125
10.23.2 PRODUCT PORTFOLIO 125
10.23.3 RECENT DEVELOPMENT 125
11 QUESTIONNAIRE 126
12 RELATED REPORTS 129