Canada Base Oil Market Size & Outlook, 2021-2030
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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Base Oil Market Scope
Base Oil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| The Goldman Sachs Group Inc | View profile | 45300 | 200 West Street, New York, NY, United States, 10282 | https://www.goldmansachs.com |
| Petronas Chemicals Group Bhd | View profile | 6465 | Tower 1, Petronas Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, Malaysia, 50088 | https://www.petronas.com |
| Repsol SA | View profile | 25113 | Calle Mendez Alvaro, 44, Madrid, Spain, 28045 | https://www.repsol.com |
| China Petroleum & Chemical Corp Class H | View profile | 368450 | No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, China, People's Republic of, 100728 | http://www.sinopec.com |
| PetroChina Co Ltd Class H | View profile | 375803 | No. 9 Dongzhimen North Street, Dongcheng District, Beijing, China, People's Republic of, 100007 | http://www.petrochina.com.cn |
| BP PLC | View profile | 87800 | 1 St James's Square, London, United Kingdom, SW1Y 4PD | https://www.bp.com |
| Shell PLC | View profile | 100000 | Shell Centre, London, United Kingdom, SE1 7NA | https://www.shell.com |
| Chevron Corp | View profile | 45600 | 6001 Bollinger Canyon Road, San Ramon, CA, United States, 94583-2324 | https://www.chevron.com |
| Exxon Mobil Corp | View profile | 61500 | 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 | https://www.exxonmobil.com |
| Nestle SA | View profile | 270000 | Avenue Nestle 55, Vevey, Switzerland, CH-1800 | https://www.nestle.com |
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
Reasons to subscribe to Canada base oil market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Canada base oil market databook
-
Our clientele includes a mix of base oil market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
