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Naphthenic Base Oil Global Market Report 2025
Global Naphthenic Base Oil Market Report 2025

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Published : December 2025

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Naphthenic Base Oil Global Market Report 2025

By Viscosity Index (35-60 SUS, 80-130 SUS, 200-300 SUS, 400-800 SUS, Above 800 SUS), By Application (Metal Working, Process Oil, Electrical Oil, Industrial Lubes And Grease, Rubber Oil, Other Applications), By End-User (Automotive Industry, Aerospace Industry, Marine Industry, Energy Industry, Oil and Gas Industry, Textile Industry, Other End Users) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Naphthenic Base Oil Market Overview

• Naphthenic Base Oil market size has reached to $2.43 billion in 2024

• Expected to grow to $3.1 billion in 2029 at a compound annual growth rate (CAGR) of 5.5%

• Growth Driver: Surge In Vehicle Sales To Drive Growth In Naphthenic Base Oil Market

• Market Trend: Technological Advancements Propel Growth In Naphthenic Base Oil Market

Asia-Pacific was the largest region in 2024.

What Is Covered Under Naphthenic Base Oil Market?

Naphthenic base oil, also known as Pale oil, is a type of group V base oil generated by hydro-treating sweet crude distillates at pressures greater than 2500 psi. Naphthenic base oil primarily produces metalworking fluids, greases, and industrial lubricants.

The naphthenic base oil is available in several types of viscosity index, such as 35–60 SUS, 80–130 SUS, 200–300 SUS, 400–800 SUS, and above 800 SUS, which are used for several applications, such as metalworking, process oil, electrical oil, industrial lubes and grease, rubber oil, and others. The 35–60 SUS viscosity index is the thickness of the oil with 35–60 SUS, and it is useful for 35- to 60-pound motors and for V-twin engines. These are used by several end-users, such as the automotive industry, aerospace industry, marine industry, energy industry, oil and gas industry, textile industry, and others.

Naphthenic Base Oil Market Size and growth rate 2025 to 2029: Graph

What Is The Naphthenic Base Oil Market Size 2025 And Growth Rate?

The naphthenic base oil market size has grown steadily in recent years. It will grow from$2.43 billion in 2024 to $2.51 billion in 2025 at a compound annual growth rate (CAGR) of 3.2%. The growth in the historic period can be attributed to change in consumer lifestyles, convenience and portability, innovation in flavors and ingredients, globalization of taste preferences, e-commerce growth, environmental sustainability

What Is The Naphthenic Base Oil Market Growth Forecast?

The naphthenic base oil market size is expected to see strong growth in the next few years. It will grow to $3.1 billion in 2029 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to rising health consciousness, innovation in functional ingredients, premiumization, regional and cultural influences, e-commerce and direct-to-consumer channels, rise of functional hydration. Major trends in the forecast period include sustainable packaging, innovation in flavors and ingredients, plant-based and alternative ingredients, digital marketing, partnerships and collaborations.

The forecast of 5.5% growth over the next five years reflects a modest reduction of 0.3% from the previous estimate for this market.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US by raising lubricant and transformer oil costs, as imports from Sweden and Venezuela face higher tariffs.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Chemicals Industry?

The intensifying U.S. tariffs and escalating trade tensions in spring 2025 are expected to have a significant impact on the chemicals sector, which is bearing a disproportionate burden, particularly from tariffs on petrochemicals and intermediates, where affordable domestic substitutes are often unavailable. Producers of specialty chemicals, heavily dependent on Chinese raw materials, are experiencing production disruptions. At the same time, fertilizer manufacturers are seeing profit margins eroded due to tariffs on phosphate imports. In response, companies are ramping up R&D into bio-based alternatives, forming procurement alliances to consolidate buying power, and shifting production to tariff-neutral nations such as Saudi Arabia.

How Is The Naphthenic Base Oil Market Segmented?

1) By Viscosity Index: 35-60 SUS, 80-130 SUS, 200-300 SUS, 400-800 SUS, Above 800 SUS

2) By Application: Metal Working, Process Oil, Electrical Oil, Industrial Lubes And Grease, Rubber Oil, Other Applications

3) By End-User: Automotive Industry, Aerospace Industry, Marine Industry, Energy Industry, Oil and Gas Industry, Textile Industry, Other End Users

Subsegments:

1) By 35-60 SUS: Low Viscosity Oils, Medium Viscosity Oils

2) By 80-130 SUS: Low Viscosity Oils, Medium Viscosity Oils, High Viscosity Oils

3) By 200-300 SUS: Medium Viscosity Oils, High Viscosity Oils

4) By 400-800 SUS: High Viscosity Oils, Very High Viscosity Oils

5) By Above 800 SUS: Very High Viscosity Oils, Specialty Oils

What Is Driving The Naphthenic Base Oil Market? Surge In Vehicle Sales To Drive Growth In Naphthenic Base Oil Market

Increasing vehicle sales are expected to propel the growth of the naphthenic base oil market going forward. A vehicle refers to an engine-powered automobile that transports people or items from one location to another, such as a bus, automobile, or truck. The naphthenic base oil is used in automotive lubricants such as lubricating greases, motor oil, and metal processing fluids. For instance, in August 2023, according to the Board of Governors of the Federal Reserve System, a US-based government agency, total vehicle production in the United States increased to 11.77 million units in July, up from 10.91 million units in June. Thus, increasing sales of vehicles are driving the growth of the naphthenic base oil industry.

What Is Driving The Naphthenic Base Oil Market? Growth In The Construction Industry Is Anticipated To Fuel The Naphthenic Base Oil Market

The growth in the construction industry is expected to propel the growth of the naphthenic base oil market going forward. The construction industry is a sector that involves the planning, design, execution, and management of infrastructure, buildings, and related projects, encompassing various sectors such as residential, commercial, and civil engineering. Naphthenic base oil is employed in construction applications for lubricating and enhancing the performance of various equipment and machinery, such as hydraulic systems and heavy-duty engines. For instance, in November 2022, according to Rethinking The Future, an India-based platform for architecture and design, the Canadian construction industry will grow at an 8.5% compound annual growth rate (CAGR) by 2024. This will increase the value of Canada’s construction industry to $354.9 billion. Furthermore, in October 2021, according to a report published by Oxford Economics, a UK-based economic information services company, the global construction output was $10.7 trillion in 2020, and it is anticipated to increase by 42%, or $4.5 trillion, to reach $15.2 trillion between 2020 and 2030. Therefore, the growth in the construction industry is driving the naphthenic base oil industry.

Who Are The Major Players In The Global Naphthenic Base Oil Market?

Major companies operating in the naphthenic base oil market include Calumet Specialty Products Partners L.P., Apar Industries Ltd., Ergon International Inc., Nynas AB, PetroChina Company Limited, Lubline LLC, Eastern Petroleum Pvt. Ltd., Lubricon Industries, Petroleo Brasileiro S.A. (Petrobras), Shell plc, Resolute Oil LLC, Argos International Marketing Pvt. Ltd., Saudi Arabian Oil Co. (Saudi Aramco), SAC Petrobras S.A., 3A Composites, Kowa India Pvt.Ltd., LyondellBasell Industries, Saudi Basic Industries Corporation, Gandhar Oil Refinery India Limited, H&R Ölwerke Schindler GmbH, Chevron Corporation, Repsol S.A., AVISTA OIL AG, Indo Petro Chemicals, Panama Petrochem Ltd., HollyFrontier Corporation, Pentagon Lubricants, Witmans Industries Pvt. Ltd., Synforce Lubricants

What Are The Key Trends Of The Global Naphthenic Base Oil Market? Technological Advancements Propel Growth In Naphthenic Base Oil Market

Technological advancements are a key trend gaining popularity in the naphthenic base oil market going forward. Major companies operating in the naphthenic base oil market are developing innovative technologies to strengthen their position in the market. For instance, in October 2022, Nynas AB, a Sweden-based manufacturer of specialty naphthenic oils, launched NYTRO RR 900X, a fluid designed for circular transformers that uses the most potent and efficient re-refining technology. The company gives utilities and OEMs the chance to participate in the circular economy and help meet greenhouse gas reduction goals with the introduction of the NYTRO RR 900X. Making the most of the fluid's initial production impact, the Nynas re-refining process recovers precious molecules that are no longer useful in their current state. The well-known dielectric behavior of conventional naphthenic dielectric fluids is preserved in NYTRO RR 900X. Nynas' cutting-edge, optimized hydro-treating process has allowed the business to provide products with top-tier qualities that are on par with virgin oils.

What Are The Key Trends Of The Global Naphthenic Base Oil Market? Calumet Partners With Sip To Expand Naphthenic Base Oil Presence In European Market

Major companies operating in the naphthenic base oil industry are adopting a strategic partnership approach to broaden their market presence for naphthenic base oils. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in March 2022, Calumet Specialty Products Partners LP, a US-based company that specializes in the manufacture of lubricating oils, entered a long-term distribution partnership with SIP Specialty Oils and Fluids, a UK-based marketer of specialty oils and fluids. This collaboration was aimed at expanding Calumet's presence in the European market for naphthenic base oils. SIP will market, sell, warehouse, and support Calumet's full range of naphthenic products in Europe.

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Naphthenic Base Oil Market Merger And Acquisition: RaceTrac, Inc. Acquires Gulf Oil, LLC To Enhance Geographic Presence And Service Quality

In December 2023, RaceTrac, Inc., a US-based convenience store company, acquired Gulf Oil, LLC, for an undisclosed amount. Through this acquisition, RaceTrac, Inc. aims to enhance its geographic presence, operational scale, and service quality for distributors and licensees while maintaining excellent service at existing locations across the United States and Puerto Rico. Gulf Oil, LLC is a US-based company specializing in the production and distribution of high-quality lubricants, automotive and industrial oils, and greases for various applications, and it provides naphthenic base oil.

Regional Analysis For The Global Naphthenic Base Oil Market

Asia-Pacific was the largest region in the naphthenic base oil market in 2024. It is expected to be the fastest-growing region in the global naphthenic base oil market during the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Naphthenic Base Oil Market?

The naphthenic base oil market consists of sales of transformer oils, lubricating oils, and other Group V oils. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Naphthenic Base Oil Industry?

The naphthenic base oil market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the naphthenic base oil industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Naphthenic Base Oil Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $2.51 billion
Revenue Forecast In 2034 $3.1 billion
Growth Rate CAGR of 5.5% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Viscosity Index: 35-60 SUS, 80-130 SUS, 200-300 SUS, 400-800 SUS, Above 800 SUS
2) By Application: Metal Working, Process Oil, Electrical Oil, Industrial Lubes And Grease, Rubber Oil, Other Applications
3) By End-User: Automotive Industry, Aerospace Industry, Marine Industry, Energy Industry, Oil and Gas Industry, Textile Industry, Other End Users Subsegments: 1) By 35-60 SUS: Low Viscosity Oils, Medium Viscosity Oils
2) By 80-130 SUS: Low Viscosity Oils, Medium Viscosity Oils, High Viscosity Oils
3) By 200-300 SUS: Medium Viscosity Oils, High Viscosity Oils
4) By 400-800 SUS: High Viscosity Oils, Very High Viscosity Oils
5) By Above 800 SUS: Very High Viscosity Oils, Specialty Oils
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Calumet Specialty Products Partners L.P., Apar Industries Ltd., Ergon International Inc., Nynas AB, PetroChina Company Limited, Lubline LLC, Eastern Petroleum Pvt. Ltd., Lubricon Industries, Petroleo Brasileiro S.A. (Petrobras), Shell plc, Resolute Oil LLC, Argos International Marketing Pvt. Ltd., Saudi Arabian Oil Co. (Saudi Aramco), SAC Petrobras S.A., 3A Composites, Kowa India Pvt.Ltd., LyondellBasell Industries, Saudi Basic Industries Corporation, Gandhar Oil Refinery India Limited, H&R Ölwerke Schindler GmbH, Chevron Corporation, Repsol S.A., AVISTA OIL AG, Indo Petro Chemicals, Panama Petrochem Ltd., HollyFrontier Corporation, Pentagon Lubricants, Witmans Industries Pvt. Ltd., Synforce Lubricants
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Table Of Contents

1. Executive Summary

2. Naphthenic Base Oil Market Characteristics

3. Naphthenic Base Oil Market Trends And Strategies

4. Naphthenic Base Oil Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Naphthenic Base Oil Growth Analysis And Strategic Analysis Framework

5.1. Global Naphthenic Base Oil PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Naphthenic Base Oil Market Growth Rate Analysis

5.4. Global Naphthenic Base Oil Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Naphthenic Base Oil Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Naphthenic Base Oil Total Addressable Market (TAM)

6. Naphthenic Base Oil Market Segmentation

6.1. Global Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

35-60 SUS

80-130 SUS

200-300 SUS

400-800 SUS

Above 800 SUS

6.2. Global Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Metal Working

Process Oil

Electrical Oil

Industrial Lubes And Grease

Rubber Oil

Other Applications

6.3. Global Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Automotive Industry

Aerospace Industry

Marine Industry

Energy Industry

Oil and Gas Industry

Textile Industry

Other End Users

6.4. Global Naphthenic Base Oil Market, Sub-Segmentation Of 35-60 SUS, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Low Viscosity Oils

Medium Viscosity Oils

6.5. Global Naphthenic Base Oil Market, Sub-Segmentation Of 80-130 SUS, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Low Viscosity Oils

Medium Viscosity Oils

High Viscosity Oils

6.6. Global Naphthenic Base Oil Market, Sub-Segmentation Of 200-300 SUS, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Medium Viscosity Oils

High Viscosity Oils

6.7. Global Naphthenic Base Oil Market, Sub-Segmentation Of 400-800 SUS, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

High Viscosity Oils

Very High Viscosity Oils

6.8. Global Naphthenic Base Oil Market, Sub-Segmentation Of Above 800 SUS, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Very High Viscosity Oils

Specialty Oils

7. Naphthenic Base Oil Market Regional And Country Analysis

7.1. Global Naphthenic Base Oil Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Naphthenic Base Oil Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Naphthenic Base Oil Market

8.1. Asia-Pacific Naphthenic Base Oil Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Naphthenic Base Oil Market

9.1. China Naphthenic Base Oil Market Overview

9.2. China Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Naphthenic Base Oil Market

10.1. India Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Naphthenic Base Oil Market

11.1. Japan Naphthenic Base Oil Market Overview

11.2. Japan Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Naphthenic Base Oil Market

12.1. Australia Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Naphthenic Base Oil Market

13.1. Indonesia Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Naphthenic Base Oil Market

14.1. South Korea Naphthenic Base Oil Market Overview

14.2. South Korea Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Naphthenic Base Oil Market

15.1. Western Europe Naphthenic Base Oil Market Overview

15.2. Western Europe Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Naphthenic Base Oil Market

16.1. UK Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Naphthenic Base Oil Market

17.1. Germany Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Naphthenic Base Oil Market

18.1. France Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Naphthenic Base Oil Market

19.1. Italy Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Naphthenic Base Oil Market

20.1. Spain Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Naphthenic Base Oil Market

21.1. Eastern Europe Naphthenic Base Oil Market Overview

21.2. Eastern Europe Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Naphthenic Base Oil Market

22.1. Russia Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Naphthenic Base Oil Market

23.1. North America Naphthenic Base Oil Market Overview

23.2. North America Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Naphthenic Base Oil Market

24.1. USA Naphthenic Base Oil Market Overview

24.2. USA Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Naphthenic Base Oil Market

25.1. Canada Naphthenic Base Oil Market Overview

25.2. Canada Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Naphthenic Base Oil Market

26.1. South America Naphthenic Base Oil Market Overview

26.2. South America Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Naphthenic Base Oil Market

27.1. Brazil Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Naphthenic Base Oil Market

28.1. Middle East Naphthenic Base Oil Market Overview

28.2. Middle East Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Naphthenic Base Oil Market

29.1. Africa Naphthenic Base Oil Market Overview

29.2. Africa Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Naphthenic Base Oil Market Competitive Landscape And Company Profiles

30.1. Naphthenic Base Oil Market Competitive Landscape

30.2. Naphthenic Base Oil Market Company Profiles

30.2.1. Calumet Specialty Products Partners L.P. Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Apar Industries Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Ergon International Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Nynas AB Overview, Products and Services, Strategy and Financial Analysis

30.2.5. PetroChina Company Limited Overview, Products and Services, Strategy and Financial Analysis

31. Naphthenic Base Oil Market Other Major And Innovative Companies

31.1. Lubline LLC

31.2. Eastern Petroleum Pvt. Ltd.

31.3. Lubricon Industries

31.4. Petroleo Brasileiro S.A. (Petrobras)

31.5. Shell plc

31.6. Resolute Oil LLC

31.7. Argos International Marketing Pvt. Ltd.

31.8. Saudi Arabian Oil Co. (Saudi Aramco)

31.9. SAC Petrobras S.A.

31.10. 3A Composites

31.11. Kowa India Pvt. Ltd.

31.12. LyondellBasell Industries

31.13. Saudi Basic Industries Corporation

31.14. Gandhar Oil Refinery India Limited

31.15. H&R Ölwerke Schindler GmbH

32. Global Naphthenic Base Oil Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Naphthenic Base Oil Market

34. Recent Developments In The Naphthenic Base Oil Market

35. Naphthenic Base Oil Market High Potential Countries, Segments and Strategies

35.1 Naphthenic Base Oil Market In 2029 - Countries Offering Most New Opportunities

35.2 Naphthenic Base Oil Market In 2029 - Segments Offering Most New Opportunities

35.3 Naphthenic Base Oil Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Naphthenic Base Oil Market, Sub-Segmentation Of 35-60 SUS, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Naphthenic Base Oil Market, Sub-Segmentation Of 80-130 SUS, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Naphthenic Base Oil Market, Sub-Segmentation Of 200-300 SUS, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Naphthenic Base Oil Market, Sub-Segmentation Of 400-800 SUS, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Naphthenic Base Oil Market, Sub-Segmentation Of Above 800 SUS, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Naphthenic Base Oil Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Global Naphthenic Base Oil Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Asia-Pacific, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: China, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: India, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Japan, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Australia, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: Indonesia, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: South Korea, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Western Europe, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: UK, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: Germany, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: France, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Italy, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Spain, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Eastern Europe, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: Russia, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: North America, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: USA, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: Canada, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: South America, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Brazil, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Middle East, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Africa, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 79: Calumet Specialty Products Partners L.P. Financial Performance
  • Table 80: Apar Industries Ltd. Financial Performance
  • Table 81: Ergon International Inc. Financial Performance
  • Table 82: Nynas AB Financial Performance
  • Table 83: PetroChina Company Limited Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Naphthenic Base Oil Market, Sub-Segmentation Of 35-60 SUS, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Naphthenic Base Oil Market, Sub-Segmentation Of 80-130 SUS, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Naphthenic Base Oil Market, Sub-Segmentation Of 200-300 SUS, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Naphthenic Base Oil Market, Sub-Segmentation Of 400-800 SUS, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Naphthenic Base Oil Market, Sub-Segmentation Of Above 800 SUS, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Naphthenic Base Oil Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Global Naphthenic Base Oil Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Asia-Pacific, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: China, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: India, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Japan, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Australia, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: Indonesia, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: South Korea, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Western Europe, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: UK, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: Germany, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: France, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Italy, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Spain, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Eastern Europe, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: Russia, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: North America, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: USA, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: Canada, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: South America, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Brazil, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Middle East, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Naphthenic Base Oil Market, Segmentation By Viscosity Index, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Naphthenic Base Oil Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Africa, Naphthenic Base Oil Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 79: Calumet Specialty Products Partners L.P. Financial Performance
  • Figure 80: Apar Industries Ltd. Financial Performance
  • Figure 81: Ergon International Inc. Financial Performance
  • Figure 82: Nynas AB Financial Performance
  • Figure 83: PetroChina Company Limited Financial Performance

Frequently Asked Questions

Naphthenic base oil, also known as Pale oil, is a type of group V base oil generated by hydro-treating sweet crude distillates at pressures greater than 2500 psi. Naphthenic base oil primarily produces metalworking fluids, greases, and industrial lubricants. For further insights on this market, request a sample here

The market major growth driver - Surge In Vehicle Sales To Drive Growth In Naphthenic Base Oil Market. For further insights on this market, request a sample here

The naphthenic base oil market size has grown steadily in recent years. It will grow from $2.43 billion in 2024 to $2.51 billion in 2025 at a compound annual growth rate (CAGR) of 3.2%. The growth in the historic period can be attributed to change in consumer lifestyles, convenience and portability, innovation in flavors and ingredients, globalization of taste preferences, e-commerce growth, environmental sustainability. The naphthenic base oil market size is expected to see strong growth in the next few years. It will grow to $3.1 billion in 2029 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to rising health consciousness, innovation in functional ingredients, premiumization, regional and cultural influences, e-commerce and direct-to-consumer channels, rise of functional hydration. Major trends in the forecast period include sustainable packaging, innovation in flavors and ingredients, plant-based and alternative ingredients, digital marketing, partnerships and collaborations. For further insights on this market, request a sample here

The naphthenic base oilmarket covered in this report is segmented –
1) By Viscosity Index: 35-60 SUS, 80-130 SUS, 200-300 SUS, 400-800 SUS, Above 800 SUS
2) By Application: Metal Working, Process Oil, Electrical Oil, Industrial Lubes And Grease, Rubber Oil, Other Applications
3) By End-User: Automotive Industry, Aerospace Industry, Marine Industry, Energy Industry, Oil and Gas Industry, Textile Industry, Other End Users Subsegments:
1) By 35-60 SUS: Low Viscosity Oils, Medium Viscosity Oils
2) By 80-130 SUS: Low Viscosity Oils, Medium Viscosity Oils, High Viscosity Oils
3) By 200-300 SUS: Medium Viscosity Oils, High Viscosity Oils
4) By 400-800 SUS: High Viscosity Oils, Very High Viscosity Oils
5) By Above 800 SUS: Very High Viscosity Oils, Specialty Oils For further insights on this market,
request a sample here

Asia-Pacific was the largest region in the naphthenic base oil market in 2024. It is expected to be the fastest-growing region in the global naphthenic base oil market during the forecast period. The regions covered in the naphthenic base oil market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Major companies operating in the naphthenic base oil market include Calumet Specialty Products Partners L.P., Apar Industries Ltd., Ergon International Inc., Nynas AB, PetroChina Company Limited, Lubline LLC, Eastern Petroleum Pvt. Ltd., Lubricon Industries, Petroleo Brasileiro S.A. (Petrobras), Shell plc, Resolute Oil LLC, Argos International Marketing Pvt. Ltd., Saudi Arabian Oil Co. (Saudi Aramco), SAC Petrobras S.A., 3A Composites, Kowa India Pvt.Ltd., LyondellBasell Industries, Saudi Basic Industries Corporation, Gandhar Oil Refinery India Limited, H&R Ölwerke Schindler GmbH, Chevron Corporation, Repsol S.A., AVISTA OIL AG, Indo Petro Chemicals, Panama Petrochem Ltd., HollyFrontier Corporation, Pentagon Lubricants, Witmans Industries Pvt. Ltd., Synforce Lubricants . For further insights on this market, request a sample here.

Major trends in this market include Technological Advancements Propel Growth In Naphthenic Base Oil Market. For further insights on this market, request a sample here.

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