全球環烷基礎油市場按應用、最終用途產業、等級及地區分類

2025 年全球環烷基礎油市場規模估計為 14.6 億美元，預計到 2032 年將達到 20.1 億美元，2025 年至 2032 年的年複合成長率（CAGR）為 4.7%。

數字。 2025年全球市場佔有率（%）

過去十年來，全球環烷基礎油市場大幅成長，主要原因是油漆和塗料行業的需求不斷成長。環烷基礎油由石油原油在真空蒸餾過程中精製，具有高黏度指數、熱穩定性和與彈性體的相容性等優異性能。這些基礎油廣泛用作橡膠化合物中的加工油和其他混合應用中的增量劑。油漆和塗料產業佔全球環烷基礎油消費量的30%以上。木材防腐劑、建築化學品和黏合劑配方的應用不斷增加也在穩步推動市場成長。然而，原油價格波動仍是該領域市場參與者面臨的主要挑戰。

市場動態

全球環烷基礎油市場受到油漆和塗料行業需求增加、汽車產量增加以及加工油最終用途應用擴大等因素的推動。由於其優異的性能，環烷油佔所有油漆和塗料應用的30％以上。此外，汽車產業的擴張，尤其是亞太地區的擴張，是加工油消費的主要驅動力。但由於環烷油屬於精製石油產品，原油價格波動仍是限制其發展的一大因素。油價上漲直接影響這些製造商的營運成本。然而，終端用途的不斷增加，尤其是木材防腐劑、建築化學品和黏合劑配方，正在為該市場的參與者開闢新的成長途徑。為了抓住潛在機會，領先的公司正在投資研發生物基和環保產品。

本研究的主要特點

本報告對全球環烷基礎油市場進行了詳細分析，並展示了 2025 年至 2032 年期間的市場規模（以十億美元為單位）和年複合成長率（CAGR%），以 2024 年為基準年。

它還強調了各個領域的潛在商機，並解釋了該市場的有吸引力的投資提案矩陣。

它還提供了有關市場促進因素、限制因素、機會、新產品發布和核准、市場趨勢、區域前景和主要企業採用的競爭策略的重要見解。

根據公司亮點、產品系列、關鍵亮點、績效和策略等參數，對全球環烷基礎油市場的主要企業進行了分析。

主要企業包括 Nynas AB、荷蘭皇家殼牌、Calumet Specialty Products Partners、Ergon Inc.、雪佛龍公司、Repsol SA、埃克森美孚公司、H&R 集團、Avista Oil、巴西石油公司、Lubricon Industries、Eastern Petroleum、Indoan Chemicals、巴拿馬石油化學公司公司、Lubricon Industries Witmans Industries Pvt。有限公司

本報告的見解可以幫助負責人和企業經營團隊就未來的產品發布、類型升級、市場擴張和行銷策略做出明智的決策。

全球環烷基礎油市場報告針對該行業的各個相關人員，包括投資者、供應商、產品製造商、經銷商、新進業者和金融分析師。

透過用於分析全球環烷基礎油市場的各種策略矩陣，相關人員將更容易做出決策。

目錄

第1章 調查目的與前提條件

• 研究目標
• 先決條件
• 簡稱

第2章 市場展望

• 報告描述
  • 市場定義和範圍
• 執行摘要

第3章市場動態、法規與趨勢分析

• 市場動態
• 影響分析
• 主要亮點
• 監管情景
• 產品發布/核准
• PEST分析
• 波特分析
• 市場機會
• 監管情景
• 主要進展
• 產業趨勢

第4章。 2020 年至 2032 年全球環烷基礎油市場（依應用）

• 變壓器油
• 加工油
• 橡膠加工油
• 潤滑劑
• 其他

5. 2020 年至 2032 年全球環烷基礎油市場（依最終用途產業分類）

• 電氣和電子
• 車
• 產業
• 石化
• 其他

第6章 2020-2032 年全球環烷基礎油市場（依等級分類）

• 35～60 SUS
• 80～130 SUS
• 200～300SUS
• 400～800 SUS
• 1200SUS以上

7. 2020 年至 2032 年全球環烷基礎油市場（按地區）

• 北美洲
• 拉丁美洲
• 歐洲
• 亞太地區
• 中東
• 非洲

第8章 競爭態勢

• Nynas AB
• Royal Dutch Shell
• Calumet Specialty Products Partners
• Ergon Inc.
• Chevron Corporation
• Repsol SA
• ExxonMobil Corporation
• H&R Group
• Avista Oil
• Petrobras
• Lubricon Industries
• Eastern Petroleum
• Indo Petro Chemicals
• Panama Petrochem Ltd.
• Gandhar Oil Refinery India Limited
• Apar Industries Limited
• HollyFrontier Corporation
• Pentagon Lubricants
• Witmans Industries Pvt. Ltd.

第9章分析師建議

• 命運之輪
• 分析師觀點
• 一致的機會圖

第10章參考文獻與調查方法

• 參考
• 調查方法
• 關於出版商

Global Global Naphthenic Base Oil Market is estimated to be valued at US$ 1.46 Bn in 2025 and is expected to reach US$ 2.01 Bn by 2032, growing at a compound annual growth rate (CAGR) of 4.7% from 2025 to 2032.

Figure. Global Naphthenic Base Oil Market Share (%), By Region 2025

The global naphthenic base oil market has been growing significantly over the past decade primarily due to the increasing demand from paints and coatings industry. Naphthenic base oils are refined from petroleum crude oil during vacuum distillation and offer superior properties like high viscosity index, thermal stability, and compatibility with elastomers. These base oils are widely used as process oils in rubber compounding and as extenders in other blending applications. The paints and coatings sector accounts for over 30% of total naphthenic base oil consumption globally. Rising applications in wood preservatives, construction chemicals, and adhesive formulations have also been boosting the market growth steadily. However, volatility in crude oil prices remains a key challenge for market players in this space.

Market Dynamics

The global naphthenic base oil market is driven by factors such as increasing demand from paints and coatings industry, rising automotive production, and growing end-use applications of process oils. Paints and coatings application utilizes over 30% of total naphthenic oils due to their superior properties. Additionally, expansion of automotive industry especially in Asia Pacific has been a major driver of process oils consumption. However, fluctuating crude oil prices remain a key restraint, as naphthenic oils are refined petroleum products. Higher crude prices directly impact the operating costs for these manufacturers. But rising end-use applications especially in wood preservatives, construction chemicals, and adhesive formulations are opening new growth avenues for players in this market. Major companies are investing in R&D to develop bio-based and environment-friendly variants to leverage potential opportunities.

Key Features of the Study

This report provides in-depth analysis of the global naphthenic base oil market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global naphthenic base oil market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Nynas AB, Royal Dutch Shell, Calumet Specialty Products Partners, Ergon Inc., Chevron Corporation, Repsol S.A., ExxonMobil Corporation, H&R Group, Avista Oil, Petrobras, Lubricon Industries, Eastern Petroleum, Indo Petro Chemicals, Panama Petrochem Ltd., Gandhar Oil Refinery India Limited, Apar Industries Limited, HollyFrontier Corporation, Pentagon Lubricants, and Witmans Industries Pvt. Ltd.

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global naphthenic base oil market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global naphthenic base oil market

Market Segmentation

• Application Insights (Revenue, USD Bn, 2020 - 2032)
  • Transformer Oils
  • Process Oils
  • Rubber Process Oils
  • Lubricants
  • Others
• End-use Industry Insights (Revenue, USD Bn, 2020 - 2032)
  • Electrical & Electronics
  • Automotive
  • Industrial
  • Petrochemical
  • Others
• Grade Insights (Revenue, USD Bn, 2020 - 2032)
  • 35-60 SUS
  • 80-130 SUS
  • 200-300 SUS
  • 400-800 SUS
  • Above 1200 SUS
• Regional Insights (Revenue, USD Bn, 2020 - 2032)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
• Key Players Insights
  • Nynas AB
  • Royal Dutch Shell
  • Calumet Specialty Products Partners
  • Ergon Inc.
  • Chevron Corporation
  • Repsol S.A.
  • ExxonMobil Corporation
  • H&R Group
  • Avista Oil
  • Petrobras
  • Lubricon Industries
  • Eastern Petroleum
  • Indo Petro Chemicals
  • Panama Petrochem Ltd.
  • Gandhar Oil Refinery India Limited
  • Apar Industries Limited
  • HollyFrontier Corporation
  • Pentagon Lubricants
  • Witmans Industries Pvt. Ltd.

Table of Contents

1. Research Objectives and Assumptions

• Research Objectives
• Assumptions
• Abbreviations

2. Market Purview

• Report Description
  • Market Definition and Scope
• Executive Summary
  • Global Naphthenic Base Oil Market, By Application
  • Global Naphthenic Base Oil Market, By End-use Industry
  • Global Naphthenic Base Oil Market, By Grade
  • Global Naphthenic Base Oil Market, By Region

3. Market Dynamics, Regulations, and Trends Analysis

• Market Dynamics
• Impact Analysis
• Key Highlights
• Regulatory Scenario
• Product Launches/Approvals
• PEST Analysis
• PORTER's Analysis
• Market Opportunities
• Regulatory Scenario
• Key Developments
• Industry Trends

4. Global Naphthenic Base Oil Market, By Application, 2020-2032, (USD Bn)

• Introduction
  • Market Share Analysis, 2028 and 2032 (%)
  • Y-o-Y Growth Analysis, 2021 - 2032
  • Segment Trends
• Transformer Oils
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Process Oils
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Rubber Process Oils
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Lubricants
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Others
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

5. Global Naphthenic Base Oil Market, By End-use Industry, 2020-2032, (USD Bn)

• Introduction
  • Market Share Analysis, 2028 and 2032 (%)
  • Y-o-Y Growth Analysis, 2021 - 2032
  • Segment Trends
• Electrical & Electronics
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Automotive
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Industrial
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Petrochemical
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Others
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

6. Global Naphthenic Base Oil Market, By Grade, 2020-2032, (USD Bn)

• Introduction
  • Market Share Analysis, 2028 and 2032 (%)
  • Y-o-Y Growth Analysis, 2021 - 2032
  • Segment Trends
• 35-60 SUS
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• 80-130 SUS
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• 200-300 SUS
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• 400-800 SUS
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Above 1200 SUS
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

7. Global Naphthenic Base Oil Market, By Region, 2020 - 2032, Value (USD Bn)

• Introduction
  • Market Share (%) Analysis, 2028, 2028 & 2032, Value (USD Bn)
  • Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
  • Regional Trends
• North America
  • Introduction
  • Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By End-use Industry, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Grade, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    • U.S.
    • Canada
• Latin America
  • Introduction
  • Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By End-use Industry, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Grade, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
• Europe
  • Introduction
  • Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By End-use Industry, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Grade, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
• Asia Pacific
  • Introduction
  • Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By End-use Industry, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Grade, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
• Middle East
  • Introduction
  • Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By End-use Industry, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Grade, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    • GCC Countries
    • Israel
    • Rest of Middle East
• Africa
  • Introduction
  • Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By End-use Industry, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Grade, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
    • South Africa
    • North Africa
    • Central Africa

8. Competitive Landscape

• Nynas AB
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Royal Dutch Shell
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Calumet Specialty Products Partners
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Ergon Inc.
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Chevron Corporation
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Repsol S.A.
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• ExxonMobil Corporation
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• H&R Group
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Avista Oil
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Petrobras
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Lubricon Industries
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Eastern Petroleum
• Indo Petro Chemicals
• Panama Petrochem Ltd.
• Gandhar Oil Refinery India Limited
• Apar Industries Limited
• HollyFrontier Corporation
• Pentagon Lubricants
• Witmans Industries Pvt. Ltd.

9. Analyst Recommendations

• Wheel of Fortune
• Analyst View
• Coherent Opportunity Map

10. References and Research Methodology

• References
• Research Methodology
• About us