Canada Base Oil Market Size & Outlook, 2021-2030
Canada base oil market, 2018-2030 (US$M)
Related Markets
Canada base oil market highlights
- The Canada base oil market generated a revenue of USD 503.0 million in 2021 and is expected to reach USD 693.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 3.6% from 2022 to 2030.
- In terms of segment, group i was the largest revenue generating product in 2021.
- Group IV is the most lucrative product segment registering the fastest growth during the forecast period.
Base oil market data book summary
| Market revenue in 2021 | USD 503.0 million |
| Market revenue in 2030 | USD 693.4 million |
| Growth rate | 3.6% (CAGR from 2021 to 2030) |
| Largest segment | Group i |
| Fastest growing segment | Group IV |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Group I, Group II, Group III, Group IV, Group V |
| Key market players worldwide | China Petroleum & Chemical Corp Class H, Petronas Chemicals Group Bhd, PetroChina Co Ltd Class H, Exxon Mobil Corp, Chevron Corp, Shell PLC, BP PLC, The Goldman Sachs Group Inc, Nestle SA, Repsol SA |
Other key industry trends
- In terms of revenue, Canada accounted for 2.5% of the global base oil market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. base oil market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 693.4 million by 2030.
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Base Oil Market Scope
Base Oil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada base oil market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to base oil market will help companies and investors design strategic landscapes.
Group i was the largest segment with a revenue share of 45.49% in 2021. Horizon Databook has segmented the Canada base oil market based on group i, group ii, group iii, group iv, group v covering the revenue growth of each sub-segment from 2018 to 2030.
- Canada Base Oil Product Outlook (Revenue, USD Million, 2018-2030)
- Group I
- Group II
- Group III
- Group IV
- Group V
- Canada Base Oil Application Outlook (Revenue, USD Million, 2018-2030)
- Automotive Oils
- Process Oils
- Hydraulic Oils
- Metalworking Fluids
- Industrial Oils
- Others
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Target buyers of Canada base oil market databook
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Our clientele includes a mix of base oil market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada base oil market , including forecasts for subscribers. This country databook contains high-level insights into Canada base oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada base oil market size, by product, 2018-2030 (US$M)
Canada Base Oil Market Outlook Share, 2021 & 2030 (US$M)
Related regional statistics
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