Global Smart Cities Market

The oil downstream activities market consists of sales of the post extraction activities for crude oil and natural gas by entities (organizations, sole traders or partnerships) that provide post extraction activities for crude oil and natural gas, including refined petroleum products manufacturing and asphalt, lubricating oil and grease manufacturing. The main types of oil downstream activities are refined petroleum products manufacturing, asphalt, lubricating oil, and grease manufacturing. Refined petroleum products manufacturing include transformation and refining of crude oil into useful products such as gasoline (petrol), diesel fuel, asphalt base, fuel oils, heating oil, kerosene, liquefied petroleum gas, and petroleum naphtha. The different fractions include light distillates, middle distillates, and heavy oils and are used in various applications such as crude petroleum comprises, and natural gas extraction comprises. The oil downstream activities market research report is one of a series of new reports from The Business Research Company that provides oil downstream activities market statistics, including oil downstream activities industry global market size, regional shares, competitors with a oil downstream activities market share, detailed oil downstream activities market segments, market trends and opportunities, and any further data you may need to thrive in the oil downstream activities industry. This oil downstream activities market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global oil downstream activities market is expected to grow from $2,538.57 billion in 2021 to $2,884.23 billion in 2022 at a compound annual growth rate (CAGR) of 13.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The oil downstream activities market is expected to reach $4,712.92 billion in 2026 at a CAGR of 13.1%. Refineries are increasingly adopting carbon capture and storage techniques to reduce CO2 emission levels in the atmosphere. This technique involves trapping of CO2 at its emission source and transporting it to a different storage location which is actively monitored and measured. This way CO2 is isolated from the atmosphere, thereby reducing emission levels. For instance, Quest, a partnership venture of Shell, Canada Energy and Chevron is fully integrated CCS project that captures CO2 produced from refineries and prevents it from entering the atmosphere by storing it in underground formations. Globally there are about 15 large-scale projects and 7 under construction projects with the capacity to capture about 40 million tonnes CO2 per annum, thus indicating the potential of CCS technology in minimizing carbon emissions. Major players in the oil downstream activities market are Royal Dutch Shell, Exxon Mobil Corporation, China Petroleum & Chemical Corporation, BP Plc, and Chevron. North America was the largest region in the oil downstream activities market in 2021. Asia Pacific was the second largest region in the oil downstream activities market. The regions covered in the oil downstream activities market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the oil downstream activities market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The global oil downstream activities market is segmented - 1) By Type: Refined Petroleum Products Manufacturing, Asphalt, Lubricating Oil And Grease Manufacturing 2) By Fraction: Light Distillates, Middle Distillates, Heavy Oils 3) By Application: Crude Petroleum Comprises, Natural Gas Extraction Comprises Subsegments Covered: Diesel, Gasoline, Fuel Oil, Kerosene, Others - Refined Petroleum Products Manufacturing, Asphalt, Other Petroleum Products

Ethylene propylene is a type of synthetic rubber formed as a terpolymer of ethylene, propylene, and a diene component. It is resistant to heat and electricity and is non-reactive towards acids and alkali compounds. Ethylene propylene is used in weather-stripping and seals, glass-run channels, radiators, garden and appliance hoses, tubing, belts, and electrical insulation. The main product types of ethylene-propylene are solution polymerization and suspension polymerization. Solution polymerization is the polymerization that takes place in a solution. The presence of a solvent prevents the viscosity of the reaction mixture from becoming too high, which is beneficial for fluid flow and heat transfer. The various applications involved are automotive, building and construction, plastic modification, lubricant additives, wires and cables, and tires and tubes. The ethylene-propylene market research report is one of a series of new reports from The Business Research Company that provides ethylene-propylene market statistics, including ethylene-propylene industry global market size, regional shares, competitors with an ethylene-propylene market share, detailed ethylene-propylene market segments, market trends and opportunities, and any further data you may need to thrive in the ethylene-propylene industry. This ethylene-propylene market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global ethylene propylene (EPDM) market size will grow from $6.08 billion in 2022 to $6.69 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global ethylene propylene (EPDM) market size is expected to grow from $9.45 billion in 2027 at a CAGR of 9.0%. The use of ethylene propylene across various industries contributes to the growth of the ethylene-propylene market. In the automotive industry, EPDM products bond well with metals by providing a well-built barrier against the environment. EPDM possesses properties such as heat resistance, abrasion resistance, oil swell resistance, flame retardance, oxidation, ozone, and weather ageing due to its stable, saturated polymer backbone structure. Companies such as BRP manufacturing are providing EPDM for the automotive industry that includes under-the-hood, cabin pressure-equalizing assemblies, interior trim, and striker plate blinds. Thus, the usage of EPDM in different industries is contributing to the EPDM market's growth. The release of volatile organic compounds (VOCs) while manufacturing ethylene-propylene causes environmental pollution, which is challenging the growth of the EPDM market. VOCs consist of different chemicals that show adverse effects on human health as well as on the environment as they release fine particulates into the atmosphere, resulting in the formation of smog and reduced visibility. For instance, to avoid harmful emissions of VOCs, the Hong Kong government has implemented various regulations, such as products exceeding normal emissions of VOCs are not allowed in the country. Thus, the increased release of VOCs from producing ethylene propylene is limiting its market growth. The increasing demand for ethylene propylene diene monomer (EPDM) rubber produced from bio-based feedstock acts as a key trend driving the growth of the EPDM market. Renewable EPDM rubber uses raw materials such as sugar and glycerin to replace traditional feedstock such as isoprene and butadiene in synthetic rubber production to reduce greenhouse emissions and to achieve sustainability. For instance, Keltan, a Netherlands-based company, produced the first commercial bio-based feedstock, KELTAN ECo., based on renewable raw materials. Therefore, renewable EPDM rubber is expected to increase the market share of the EPDM market. Major players in the ethylene-propylene market are The Dow Chemical Company, Exxon Mobil Corporation, Johns Manville, Inc., KUMHO POLYCHEM, Lanxess AG, Lion Elastomers LLC., Mitsui Chemicals, Inc., SK Global Chemical Co. Ltd., Sumitomo Chemical Co., Ltd., and Versalis S.p.A. Asia-Pacific was the largest region in the ethylene-propylene market in 2022. Middle East was the second-largest region in the global ethylene-propylene market. The regions covered in the global ethylene-propylene market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the ethylene-propylene market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The ethylene propylene market consists of the sales of ethylene propylene made with ethylene and propylene alone, and ethylene propylene made with small amounts of a diene (generally ethylidene norbornene or 1,4-hexadiene). 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. 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. The global ethylene propylene (EPDM) market is segmented - 1) By Product Type: Solution Polymerization, Suspension Polymerization 2) By Application: Automotive, Building & Construction, Plastic Modification, Lubricant Additive, Wires & Cables, Tires & Tubes

Asphalt is a sticky, black, and highly viscous liquid or semi-solid form of petroleum used for surfacing roads, flooring, and roofing. Lubricating oil and grese is a group of refined oils intended to lessen wear and friction between bearing metallic surfaces. The main types of asphalt, lubricating oil, and grease are asphalt and other petroleum products. Asphalt is a combination of aggregate particles, binder, and filler that is used to build and maintain roads, parking lots, railway tracks, ports, airport runways, bicycle lanes, sidewalks, and play- and sports areas. The various application of asphalt, lubricating oil and grease include roadways, waterproofing, recreation, and others. The various end-use industries include power generation, transport, metallurgy and metalworking, food and beverage, chemical, and others. The asphalt, lubricating oil and grease market research report is one of a series of new reports from The Business Research Company that provides asphalt, lubricating oil and grease market statistics, including asphalt, lubricating oil and grease industry global market size, regional shares, competitors with a asphalt, lubricating oil, and grease market share, detailed asphalt, lubricating oil, and grease market segments, market trends and opportunities, and any further data you may need to thrive in the asphalt, lubricating oil, and grease industry. This asphalt, lubricating oil, and grease market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global asphalt, lubricating oil and grease market grew from $259.66 billion in 2022 to $269.56 billion in 2023 at a compound annual growth rate (CAGR) of 3.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The asphalt, lubricating oil and grease market is expected to grow to $301.65 billion in 2027 at a CAGR of 2.9%. Producers of petroleum-based lubricants are offering bio-based lubricants to address the concerns associated with the impact of lubricants on the environment. Bio-based lubricants are formulated with renewable or biodegradable materials. Vegetable oils are one of the major components for bio-based lubricants. Vegetable oils offer high lubricity, viscosity, and thermal stability. They have a higher flash point of 326 °C as compared to flash point of 200 °C for mineral oils. Lubricants produced from vegetable oils include tractor transmission hydraulic fluid, industrial hydraulic fluids for process and machinery applications, food-grade hydraulic fluids and greases, greases for use in automotive, railroad, and machinery applications, chainsaw bar oil, gear lubes, compressor oil, and transformer and transmission line cooling fluids. The demand for multi grade lubricants is gaining traction due to their better performance in cold climatic conditions. Multi-grade lubricant is a viscosity modifier used in engines which allows the smooth flow of oil under cold and hot climatic conditions. It is used to minimize the effect of change of viscosity with respect to the changes in the surrounding temperature and maintains optimum viscosity over the engine operating temperature range. Some of the major companies producing this lubricant include Gazprom, Rosneft, Exxonmobil, Petrochina and BP. Most of the asphalt companies are using frequency inverters in asphalt mixing process to control asphalt mixture drying time. Frequency inverter is an electronic device that transforms an AC current with fixed frequency to variable amplitude and frequency. It is used to vary the speed of rotation of the drying drum of the plant drying system so that the aggregates which are more porous receive heat from the burning flame for more time resulting in complete drying. It improves the drying process and allows the less porous asphalt to dry faster resulting in increased production. For instance, some of the major companies using frequency inverters include 3 Franks Services, A. Macchione Brothers, Absolute Asphalt and Concreter LLC, and Ace Asphalt. Major companies in the asphalt, lubricating oil and grease market include Exxon Mobil, Royal Dutch Shell, Saudi Aramco, BP plc, Glencore International, Guardian Industries, LLC, Owens Corning, Suncor Energy Inc., Husky Energy Inc., and CRH plc. North America was the largest region in the asphalt, lubricating oil and grease market in 2022. Asia-Pacific was the second largest region in the asphalt, lubricating oil and grease market. The regions covered in the asphalt, lubricating oil and grease market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the asphalt, lubricating oil and grease market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The asphalt, lubricating oil, and grease market consists of sales block asphalt, asphalt paving mixture, asphalt shingle, coating materials. 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. 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. The global asphalt, lubricating oil and grease market is segmented - 1) By Type: Asphalt, Other Petroleum Products 2) By Application: Roadways, Waterproofing, Recreation, Other Applications 3) By End Use Industries: Power Generation, Transport, Metallurgy & Metalworking, Food & Beverage, Chemical, Other End Use Industries Subsegments Covered: Asphalt Paving Mixtures And Blocks, Prepared Asphalt And Tar Roofing And Siding Products, Roofing Asphalts And Pitches, Coatings And Cements

The oil downstream products are used for providing post extraction activities for crude oil and natural gas, including refined petroleum products manufacturing and asphalt, lubricating oil and grease manufacturing. The main types of oil downstream products are refined petroleum products, asphalt, lubricating oil, and grease. Refined petroleum products are extracted from crude oil using catalytic cracking and fractional distillation methods. The physical and chemical characteristics of refined petroleum products vary depending on the type of crude oil and subsequent refining processes. The various fraction of products includes light distillates, middle distillates, and heavy oils that are used for fuel, chemical, and other applications. The oil downstream products market research report is one of a series of new reports from The Business Research Company that provides oil downstream products market statistics, including oil downstream products industry global market size, regional shares, competitors with a oil downstream products market share, detailed oil downstream products market segments, market trends and opportunities, and any further data you may need to thrive in the oil downstream products industry. This oil downstream products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global oil downstream products market grew from $2,876.28 billion in 2022 to $2,972.96 billion in 2023 at a compound annual growth rate (CAGR) of 3.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The oil downstream products market is expected to grow to $3,313.63 billion in 2027 at a CAGR of 2.7%. Disruption in the supply of oil in certain markets due to political instability and extremism was one of the major factors affecting the growth of global oil downstream activities market. Oil supplies from major crude oil exporters such as Libya, Iraq, Nigeria, and Columbia were getting disrupted due to political instability and terrorist attacks on oil and gas wells and refineries, thus affecting the growth of the market. For instance, in December 2020, in a terrorist attack, explosives were used to set fire to two wells in a small oilfield in northern Iraq, thereby causing significant disruption to oil and gas supplies. To reduce the pollution levels, companies have started adopting the gas to liquid technology which produce high quality petroleum products. Gas to liquid technology is the conversion of natural gas to high-quality liquid products such as transportation fuels, motor oils, naphtha, diesel, and waxes. This technology uses natural gas as a substitute to crude oil as gas and is considered to be the cleanest burning fossil fuel and is abundant, versatile, and easily affordable. The by-products obtained by using the GTL technology are colorless, odorless, and contain negligent amounts of impurities. For Instance, Shell, Chevron, and PetroSA have adopted this technology to produce transportation fuels, oils, and by-products to produce plastics, detergents, and cosmetics. Major companies in the market include Royal Dutch Shell, BP plc, Exxon Mobil, Saudi Aramco, PJSC Lukoil, Chevron, Total SA, Marathon Petroleum Corporation, Valero Energy Corp, and Bharat Petroleum Corporation Limited. Asia-Pacific was the largest region in the oil downstream products market in 2022. North America was the second largest region in the oil downstream products market. The regions covered in the oil downstream products market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the oil downstream products market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The oil downstream products market consists of sales of liquefied natural gas, gasoline, heating oil, synthetic rubber, plastics, lubricants, and antifreeze. 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. 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. The global oil downstream products market is segmented - 1) By Type: Refined Petroleum Products, Asphalt, Lubricating Oil And Grease 2) By Fraction: Light Distillates, Middle Distillates, Heavy Oils 3) By Application: Fuel, Chemical, Other Applications Subsegments Covered: Diesel, Gasoline, Fuel Oil, Kerosene, Other Refined Petroleum Products, Asphalt, Other Petroleum Products

The chlorinated paraffin is a straight-chain hydrocarbons that have been chlorinated. Chlorinated paraffin is manufactured by chlorinating paraffin parts obtained from petroleum distillation. These are complex mixtures of polychlorinated n-alkanes that are generally used as a plasticizer in manufacturing PVC compounds like PVC flooring cables, wires cloth coatings, and lubricants. The main types of products for the chlorinated paraffin market are short-chain, medium-chain, and long chain. Short-chain chlorinated paraffin is a secondary plasticizer and flame retardant, medium-chain chlorinated paraffin is used in metalworking fluids as an extreme pressure additive, long-chain chlorinated paraffin is used as an alternative in leathers, paints and coatings. The chlorinated paraffin market is applied to lubricating additives, plastic additives, metalworking fluids, and flame retardants. The chlorinated paraffin end-users are paint & coatings, rubber, manufacturing, textile, and leather. The chlorinated paraffin market research report is one of a series of new reports from The Business Research Company that provides chlorinated paraffin market statistics, including chlorinated paraffin industry global market size, regional shares, competitors with a Chlorinated Paraffin market share, detailed chlorinated paraffin market segments, market trends and opportunities, and any further data you may need to thrive in the chlorinated paraffin industry. This chlorinated paraffin market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global chlorinated paraffin market size grew from $2.02 billion in 2022 to $2.1 billion in 2023 at a compound annual growth rate (CAGR) of 4.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The chlorinated paraffin market size is expected to grow to $2.47 billion in 2027 at a CAGR of 4.1%. The increasing demand for the usage of PVC pipes and flooring is expected to drive the growth of the chlorinated paraffin market. Chlorinated paraffin is used as secondary plasticizers for polyvinyl chloride (PVC) pipes, cables, paints, flexible CPVC pipes, and flooring, which are used in the construction industry. According to Invest India, National Investment Promotion and Facilitation Agency in India, the demand for PVC is growing in residential construction as the construction industry is expected to reach $738.5 billion by 2022. Thus, the growth of the construction industry is likely to generate higher revenues for the chlorinated paraffin market. The launch of post-consumer recycled (PCR) plastics is one of the key trends in the chlorinated paraffin market. PCR plastic is recycled from the plastics and then sterilized and (PP) polypropylene that is made from the polymerization of propene monomer packages. Major companies are focusing on sustainable packaging to attract more consumers and survive in the competitive business environment. For instance, in October 2022, NOVA Chemicals Corporation, a Canada-based petrochemicals company launched EX-PCR-NC4 a new mechanically recycled polyethylene resin. By utilizing this product, converters and brand owners can achieve their sustainability objectives without sacrificing the performance of the packages in applications like shrink, e-commerce, heavy-duty sacks, and protective packaging. In order to reduce packaging’s carbon footprint and combat climate change, EX-PCR-NC4 contains 100% post-consumer recycled polyethylene (rPE) and offers extremely flexible design options. In October 2020, Lubrizol Corporation, a USA-based specialty chemical company that supplies technologies and produces additives, ingredients, resins, and compounds have partnered with Grasim Industries Limited from Aditya Birla Group for establishing a plant to manufacture and provide CPVC resin in India. Lubrizol will make additional investments in the future to expand its existing CPVC compound plant in Gujarat and establish a local innovation center as demand continues to grow. Grasim Industries Limited is an India-based company that involves in the production of chemicals and cement. Major players in the chlorinated paraffin market are INOVYN, Altair Chimica, Quimica del Cinca, LEUNA-Tenside GmbH, Dover Chemical Corporation, Aditya Birla Chemicals., Caffaro Industrie S.p.A., Ajinomoto Fine-Techno, Makwell Group, KLJ Group, Qualice LLC, NCP Chlorchem, Caffaro Industrie, Flow Tech Group, Golden Dyechem, KH Chemicals, and INEOS Chlor. Asia-Pacific was the largest region in the chlorinated paraffin market in 2022. Asia-Pacific is expected to grow faster in the forecast period. The regions covered in the chlorinated paraffin market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the chlorinated paraffin market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The chlorinated paraffin market consists of sales of different grades of chlorinated paraffins including l-grade, m-grade, and h-grade. 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. 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. The global chlorinated paraffin market is segmented - 1) By Product: Short Chain, Medium Chain, Long Chain 2) By End User: Paint & Coatings, Rubber, Manufacturing, Textile, Leather 3) By Application: Lubricating Additives, Plastic Additives, Metal Working Fluids, Flame Retardants

Specialty lube oil refinery is an industrial plant that refines crude oil into petroleum products such as diesel, gasoline, and heating oils. It has applications in automotive, industrial, cosmetic, and pharmaceutical industries. The main types of specialty lube oil refinery products include microcrystalline wax, fully refined wax, white oil, rubber process oil, slack wax, semi-refined wax, and petrolatum. These products are mainly used in candles, wax paper, polishes, cosmetics, electrical insulation, extracting perfume from flowers, medical ointment, water proof coat for wood, match industry, food and chocolate polishing, and PVC. By type of oil, the market is segmented into group I base oil, group II base oil, and group III base oil. Major end-user industries include automotive, pharmaceuticals, textiles, cosmetics, food and beverages, and packaging. In the automotive industry, lube oil is mainly used in mechanical testing, vibration analysis, ultrasonic inspection, data logging, component testing, radar ranging, telematics, engine performance, and ignition monitoring. The specialties of lube oil refinery research report are one of a series of new reports from The Business Research Company that provides specialties of lube oil refinery statistics, including global market size, regional shares, competitors with specialties of lube oil refinery share, detailed specialties of lube oil refinery segments, market trends and opportunities, and any further data you may need to thrive in the specialties of lube oil refinery industry. This specialties of lube oil refinery research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global specialties of lube oil refinery market size grew from $10.23 billion in 2022 to $11.07 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The specialties of lube oil refinery market size is expected to grow to $16.13 billion in 2027 at a CAGR of 9.9%. Growing demand from the automotive and cosmetic industries has led to an expansion of the specialties of lube oil refinery market. Lube oil is in huge demand in the automotive industry as lubricants are extensively used in automobiles to enhance the performance and fuel efficiency of a vehicle. Lube oils are widely used in cosmetics. The global beauty industry was valued at $511 billion in 2021, supporting the demand for lube oils in cosmetics. So, growing automotive and cosmetic industry is driving the specialties of lube oil refinery market. The launch of new products is a key trend in the specialties of lube oil refinery market. Manufacturers are increasingly launching new, innovative products to improve their market share. For example, in July 2021, Valvoline Inc., launched a new diesel engine oil named "Valvoline All-Terrain" for heavy duty and off-highway diesel engines. The product was developed for harsh operating conditions such as construction, mining and agriculture, and can offer enhanced viscosity, wear protection, and oxidation stability in rigorous conditions. In April 2021, IMM Private Equity agreed to acquire 40% stake in SK Lubricants, owned by SK Innovation, for about one trillion won ($900 million). SK Lubricants is a South Korea-based company and is the world’s largest lube base oil supplier. With this deal, SK innovation has planned to use the funds to boost its financial stability and to fund new businesses. IMM Private Equity is a South Korean private equity firm. Major players in the specialties of lube oil refinery market are Exxon Mobil Corporation., China Petrochemical Corporation., Shell International B.V., Royal Dutch Shell PLC., Total, Eni Deutschland GmbH, Repsol, LUKOIL, Petroliam Nasional Berhad (PETRONAS), HollyFrontier Corporation, Nynas AB, Indian Oil Corporation Ltd., Honeywell International Inc., Cepsa SA, MORESCO Corporation, Gandhar Oil, and H&R GROUP. North America was the largest region in the specialties of lube oil refinery market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the specialties of lube oil market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Specialties of Lube Oil Refinery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The specialty lube oil refinery market consists of sales of topping, hydro-skimming, conversion, and deep conversion refineries. 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. 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. The global specialties of lube oil refinery market is segmented - 1) By Type: Fully Refined Wax, White Oil, Rubber Process Oil, Slack wax, Semi Refined Wax, Petrolatum, Microcrystalline Wax 2) By Oil: Group I Base oil, Group II Base Oil, Group III Base Oil 3) By End-User: Automotive, Pharmaceutical, Textile, Cosmetic, Food & Beverages, Packaging

Specialty lube oil refinery is an industrial plant that refines crude oil into petroleum products such as diesel, gasoline, and heating oils. It has applications in automotive, industrial, cosmetic, and pharmaceutical industries. The main types of specialty lube oil refinery products include microcrystalline wax, fully refined wax, white oil, rubber process oil, slack wax, semi-refined wax, and petrolatum. These products are mainly used in candles, wax paper, polishes, cosmetics, electrical insulation, extracting perfume from flowers, medical ointment, water proof coat for wood, match industry, food and chocolate polishing, and PVC. By type of oil, the market is segmented into group I base oil, group II base oil, and group III base oil. Major end-user industries include automotive, pharmaceuticals, textiles, cosmetics, food and beverages, and packaging. In the automotive industry, lube oil is mainly used in mechanical testing, vibration analysis, ultrasonic inspection, data logging, component testing, radar ranging, telematics, engine performance, and ignition monitoring. The specialties of lube oil refinery research report are one of a series of new reports from The Business Research Company that provides specialties of lube oil refinery statistics, including global market size, regional shares, competitors with specialties of lube oil refinery share, detailed specialties of lube oil refinery segments, market trends and opportunities, and any further data you may need to thrive in the specialties of lube oil refinery industry. This specialties of lube oil refinery research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global specialties of lube oil refinery market size grew from $10.23 billion in 2022 to $11.07 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The specialties of lube oil refinery market size is expected to grow to $16.13 billion in 2027 at a CAGR of 9.9%. Growing demand from the automotive and cosmetic industries has led to an expansion of the specialties of lube oil refinery market. Lube oil is in huge demand in the automotive industry as lubricants are extensively used in automobiles to enhance the performance and fuel efficiency of a vehicle. Lube oils are widely used in cosmetics. The global beauty industry was valued at $511 billion in 2021, supporting the demand for lube oils in cosmetics. So, growing automotive and cosmetic industry is driving the specialties of lube oil refinery market. The launch of new products is a key trend in the specialties of lube oil refinery market. Manufacturers are increasingly launching new, innovative products to improve their market share. For example, in July 2021, Valvoline Inc., launched a new diesel engine oil named "Valvoline All-Terrain" for heavy duty and off-highway diesel engines. The product was developed for harsh operating conditions such as construction, mining and agriculture, and can offer enhanced viscosity, wear protection, and oxidation stability in rigorous conditions. In April 2021, IMM Private Equity agreed to acquire 40% stake in SK Lubricants, owned by SK Innovation, for about one trillion won ($900 million). SK Lubricants is a South Korea-based company and is the world’s largest lube base oil supplier. With this deal, SK innovation has planned to use the funds to boost its financial stability and to fund new businesses. IMM Private Equity is a South Korean private equity firm. Major players in the specialties of lube oil refinery market are Exxon Mobil Corporation., China Petrochemical Corporation., Shell International B.V., Royal Dutch Shell PLC., Total, Eni Deutschland GmbH, Repsol, LUKOIL, Petroliam Nasional Berhad (PETRONAS), HollyFrontier Corporation, Nynas AB, Indian Oil Corporation Ltd., Honeywell International Inc., Cepsa SA, MORESCO Corporation, Gandhar Oil, and H&R GROUP. North America was the largest region in the specialties of lube oil refinery market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the specialties of lube oil market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Specialties of Lube Oil Refinery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The specialty lube oil refinery market consists of sales of topping, hydro-skimming, conversion, and deep conversion refineries. 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. 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. The global specialties of lube oil refinery market is segmented - 1) By Type: Fully Refined Wax, White Oil, Rubber Process Oil, Slack wax, Semi Refined Wax, Petrolatum, Microcrystalline Wax 2) By Oil: Group I Base oil, Group II Base Oil, Group III Base Oil 3) By End-User: Automotive, Pharmaceutical, Textile, Cosmetic, Food & Beverages, Packaging

The aircraft pump refer to devices that are used to move a substance from one container to another in the aircraft. Aircraft pumps might move water, air, or gas; in all cases, they do this via displacement. Aircraft pumps include hydraulic pumps, fuel pumps, waste and waste pumps, and other pumps to ensure the proper flow and functioning of aircraft. The main types of aircraft pumps are hydraulic, fuel, lude & scavenge, water & wastewater, and air conditioning & cooling pumps. Hydraulic pumps are used to transfer non-compressible fluid via an aircraft hydraulic system. The hydraulic pumps are frequently used to operate wheel brakes, retractable landing gear, and various constant-speed propellers on tiny aircraft. Fixed, rotary wing and unmanned aerial vehicles are the types of aircraft that use aircraft pumps. The technologies used are engine driven, electric motor driven, ram air turbine driven, and air driven. The aircraft pumps are available in different pressure output levels up to 350 pounds per square inch (PSI), between 350 to 1,500 PSI, between 1,500 to 3,000 PSI, and above 3,000 PSI. These aircraft pumps are used by original equipment manufacturers (OEM) and aftermarket. The aircraft pumps market research report is one of a series of new reports from The Business Research Company that provides aircraft pumps market statistics, including aircraft pumps industry global market size, regional shares, competitors with an aircraft pumps market share, detailed aircraft pumps market segments, market trends and opportunities, and any further data you may need to thrive in the aircraft pumps industry. This aircraft pumps market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global aircraft pumps market size grew from $3.34 billion in 2022 to $3.63 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aircraft pumps market size is expected to grow to $5.08 billion in 2027 at a CAGR of 8.7%. An increase in air passenger traffic will propel the growth of the aircraft pump market. The increase in air passengers is due to rising GDP, disposable income, and living standards. Additionally, the prolonged lockdown during the COVID-19 outbreak has led to an upsurge in both business and leisure travel. As air travel increases, there is a rise in demand for aircraft. The aircraft pumps are an integral part of the aircraft that help in the flow of fluids and gases for the proper functioning of the aircraft. According to a report published in May 2022 by International Civil Aviation Organization (ICAO), a UN agency and a global forum for civil aviation, the number of passengers carried by air climbed by 65% from January to April 2022 as compared to January to April 2021, while the number of aircraft flight departures rose by 30%. Hence, an increase in air passengers and air travel will lead to a growth in the aircraft pump market. Partnerships and collaboration are key trends in the aircraft pumps market. Companies are entering into a partnership with aircraft pumps manufacturer to expand their market and leverage each other's resources. For instance, in July 2021, McFarlane Aviation, a US-based engineering and manufacturing company specializing in aircraft components, partnered with C J Aviation. Through this partnership, C J Aviation will improve its access to a bigger market and speed up the development and FAA certification of new products for C J's product line with the assistance of McFarlane's technical and manufacturing teams. C J Aviation is a US-based manufacturer and distributor of fuel pumps, smoke pumps, and hydraulic pumps. In June 2021, Eaton, a US-based power management company, acquired Cobham Mission Systems for $2.83 billion. Through this acquisition, Eaton's fuel systems business will be boosted by Cobham Mission Systems' highly complementary technologies and strong presence on expanding military platforms and establish its aerospace company for future development. Cobham Mission Systems is a UK-based manufacturer of air-to-air refueling systems, environmental systems, and actuation primarily for defense markets. Major players in the aircraft pumps market are Eaton Corporation plc, Parker Hannifin Corporation, Woodward, Honeywell International Inc., Crissair, AeroControlex, Zodiac Aerosystems, Donaldson Company Inc., Safran, Crane Aerospace & Electronics, Triumph Group Inc., Cascon Inc., Weldon Materials Inc., ITT Aerospace Control, and Tempest Plus. North America was the largest region in the aircraft pumps market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in aircraft pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the aircraft pumps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The aircraft pump market consists of sales of hydraulic aircraft pumps such as power-driven hydraulic pumps and hand pumps. 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. 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. The global aircraft pumps market is segmented - 1) By Type: Hydraulic Pumps, Fuel Pumps, Lube And Scavenge Pumps, Water And Wastewater Pumps, Air conditioning And Cooling Pumps 2) By Aircraft Type: Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles 3) By Technology: Engine Driven, Electric Motor Driven, Ram Air Turbine Driven, Air Driven 4) By Pressure: Up to 350 Pounds per Square Inch (PSI), Between 350 – 1,500 Pounds per Square Inch (PSI), Between 1,500 – 3,000 Pounds per Square Inch (PSI), Above 3000 Pounds per Square Inch (PSI) 5) By End User: OEM, Aftermarket