List of Contents

Industrial Oils Market Size, Share, and Trends 2024 to 2033

Industrial Oils Market (By Source: Soybean, Corn, Sunflower, Cottonseed, Rapeseed, Palm, Others; By Type: Grade I (Light), Grade II (Medium), Grade III (Heavy); By Product: Turbine Oil, Refrigeration Oil, Compressor Oil, Electrical Oil, Heat Transfer Oil; By End User: Biofuel, Paints & Coatings, Cosmetics & Personal Care, Pharmaceuticals, Power Generation, Heavy Equipment, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033

  • Last Updated : June 2024
  • Report Code : 1822
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Industrial Oils Market 

5.1. COVID-19 Landscape: Industrial Oils Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Industrial Oils Market, By Source

8.1. Industrial Oils Market, by Source, 2024-2033

8.1.1. Soybean

8.1.1.1. Market Revenue and Forecast (2021-2033)

8.1.2. Corn

8.1.2.1. Market Revenue and Forecast (2021-2033)

8.1.3. Sunflower

8.1.3.1. Market Revenue and Forecast (2021-2033)

8.1.4. Cottonseed

8.1.4.1. Market Revenue and Forecast (2021-2033)

8.1.5. Rapeseed

8.1.5.1. Market Revenue and Forecast (2021-2033)

8.1.6. Palm

8.1.6.1. Market Revenue and Forecast (2021-2033)

8.1.7. Others

8.1.7.1. Market Revenue and Forecast (2021-2033)

Chapter 9. Global Industrial Oils Market, By Type

9.1. Industrial Oils Market, by Type e, 2024-2033

9.1.1. Grade I (Light)

9.1.1.1. Market Revenue and Forecast (2021-2033)

9.1.2. Grade II (Medium)

9.1.2.1. Market Revenue and Forecast (2021-2033)

9.1.3. Grade III (Heavy)

9.1.3.1. Market Revenue and Forecast (2021-2033)

Chapter 10. Global Industrial Oils Market, By Product 

10.1. Industrial Oils Market, by Product, 2024-2033

10.1.1. Turbine Oil

10.1.1.1. Market Revenue and Forecast (2021-2033)

10.1.2. Refrigeration Oil

10.1.2.1. Market Revenue and Forecast (2021-2033)

10.1.3. Compressor Oil

10.1.3.1. Market Revenue and Forecast (2021-2033)

10.1.4. Electrical Oil

10.1.4.1. Market Revenue and Forecast (2021-2033)

10.1.5. Heat Transfer Oil

10.1.5.1. Market Revenue and Forecast (2021-2033)

Chapter 11. Global Industrial Oils Market, By End User 

11.1. Industrial Oils Market, by End User, 2024-2033

11.1.1. Biofuel

11.1.1.1. Market Revenue and Forecast (2021-2033)

11.1.2. Paints & Coatings

11.1.2.1. Market Revenue and Forecast (2021-2033)

11.1.3. Cosmetics & Personal Care

11.1.3.1. Market Revenue and Forecast (2021-2033)

11.1.4. Pharmaceuticals

11.1.4.1. Market Revenue and Forecast (2021-2033)

11.1.5. Power Generation

11.1.5.1. Market Revenue and Forecast (2021-2033)

11.1.5. Heavy Equipment

11.1.5.1. Market Revenue and Forecast (2021-2033)

11.1.5. Others

11.1.5.1. Market Revenue and Forecast (2021-2033)

Chapter 12. Global Industrial Oils Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Source (2021-2033)

12.1.2. Market Revenue and Forecast, by Type (2021-2033)

12.1.3. Market Revenue and Forecast, by Product (2021-2033)

12.1.4. Market Revenue and Forecast, by End User (2021-2033)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Source (2021-2033)

12.1.5.2. Market Revenue and Forecast, by Type (2021-2033)

12.1.5.3. Market Revenue and Forecast, by Product (2021-2033)

12.1.5.4. Market Revenue and Forecast, by End User (2021-2033)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Source (2021-2033)

12.1.6.2. Market Revenue and Forecast, by Type (2021-2033)

12.1.6.3. Market Revenue and Forecast, by Product (2021-2033)

12.1.6.4. Market Revenue and Forecast, by End User (2021-2033)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Source (2021-2033)

12.2.2. Market Revenue and Forecast, by Type (2021-2033)

12.2.3. Market Revenue and Forecast, by Product (2021-2033)

12.2.4. Market Revenue and Forecast, by End User (2021-2033)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Source (2021-2033)

12.2.5.2. Market Revenue and Forecast, by Type (2021-2033)

12.2.5.3. Market Revenue and Forecast, by Product (2021-2033)

12.2.5.4. Market Revenue and Forecast, by End User (2021-2033)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Source (2021-2033)

12.2.6.2. Market Revenue and Forecast, by Type (2021-2033)

12.2.6.3. Market Revenue and Forecast, by Product (2021-2033)

12.2.6.4. Market Revenue and Forecast, by End User (2021-2033)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Source (2021-2033)

12.2.7.2. Market Revenue and Forecast, by Type (2021-2033)

12.2.7.3. Market Revenue and Forecast, by Product (2021-2033)

12.2.7.4. Market Revenue and Forecast, by End User (2021-2033)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Source (2021-2033)

12.2.8.2. Market Revenue and Forecast, by Type (2021-2033)

12.2.8.3. Market Revenue and Forecast, by Product (2021-2033)

12.2.8.4. Market Revenue and Forecast, by End User (2021-2033)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Source (2021-2033)

12.3.2. Market Revenue and Forecast, by Type (2021-2033)

12.3.3. Market Revenue and Forecast, by Product (2021-2033)

12.3.4. Market Revenue and Forecast, by End User (2021-2033)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Source (2021-2033)

12.3.5.2. Market Revenue and Forecast, by Type (2021-2033)

12.3.5.3. Market Revenue and Forecast, by Product (2021-2033)

12.3.5.4. Market Revenue and Forecast, by End User (2021-2033)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Source (2021-2033)

12.3.6.2. Market Revenue and Forecast, by Type (2021-2033)

12.3.6.3. Market Revenue and Forecast, by Product (2021-2033)

12.3.6.4. Market Revenue and Forecast, by End User (2021-2033)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Source (2021-2033)

12.3.7.2. Market Revenue and Forecast, by Type (2021-2033)

12.3.7.3. Market Revenue and Forecast, by Product (2021-2033)

12.3.7.4. Market Revenue and Forecast, by End User (2021-2033)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Source (2021-2033)

12.3.8.2. Market Revenue and Forecast, by Type (2021-2033)

12.3.8.3. Market Revenue and Forecast, by Product (2021-2033)

12.3.8.4. Market Revenue and Forecast, by End User (2021-2033)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Source (2021-2033)

12.4.2. Market Revenue and Forecast, by Type (2021-2033)

12.4.3. Market Revenue and Forecast, by Product (2021-2033)

12.4.4. Market Revenue and Forecast, by End User (2021-2033)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Source (2021-2033)

12.4.5.2. Market Revenue and Forecast, by Type (2021-2033)

12.4.5.3. Market Revenue and Forecast, by Product (2021-2033)

12.4.5.4. Market Revenue and Forecast, by End User (2021-2033)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Source (2021-2033)

12.4.6.2. Market Revenue and Forecast, by Type (2021-2033)

12.4.6.3. Market Revenue and Forecast, by Product (2021-2033)

12.4.6.4. Market Revenue and Forecast, by End User (2021-2033)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Source (2021-2033)

12.4.7.2. Market Revenue and Forecast, by Type (2021-2033)

12.4.7.3. Market Revenue and Forecast, by Product (2021-2033)

12.4.7.4. Market Revenue and Forecast, by End User (2021-2033)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Source (2021-2033)

12.4.8.2. Market Revenue and Forecast, by Type (2021-2033)

12.4.8.3. Market Revenue and Forecast, by Product (2021-2033)

12.4.8.4. Market Revenue and Forecast, by End User (2021-2033)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Source (2021-2033)

12.5.2. Market Revenue and Forecast, by Type (2021-2033)

12.5.3. Market Revenue and Forecast, by Product (2021-2033)

12.5.4. Market Revenue and Forecast, by End User (2021-2033)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Source (2021-2033)

12.5.5.2. Market Revenue and Forecast, by Type (2021-2033)

12.5.5.3. Market Revenue and Forecast, by Product (2021-2033)

12.5.5.4. Market Revenue and Forecast, by End User (2021-2033)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Source (2021-2033)

12.5.6.2. Market Revenue and Forecast, by Type (2021-2033)

12.5.6.3. Market Revenue and Forecast, by Product (2021-2033)

12.5.6.4. Market Revenue and Forecast, by End User (2021-2033)

Chapter 13. Company Profiles

13.1. Bunge Limited (Netherlands)

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Wilmar International (Singapore)

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. CHS Inc. (US)

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Louis Dreyfus Company B.V. (Netherlands)

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Archer Daniels Midland (ADM) (US)

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. AAK Kamani (India)

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Soya Mills SA (Greece).

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Buhler Group (Switzerland)

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Ag Processing Inc (US)

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. &AFratelliParodi Spa (Italy)

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

According to Precedence Research, the global industrial oil market size was reached at USD 105.08 billion in 2023 and it is anticipated to rake USD 179.49 billion by 2033.

The global industrial oil market poised to grow at a CAGR of around 5.5% over the forecast period 2024 to 2033.

The major players operating in the industrial oil market are Bunge Limited (Netherlands), Wilmar International (Singapore), CHS Inc. (US), Louis Dreyfus Company B.V. (Netherlands), Archer Daniels Midland (ADM) (US), AAK Kamani (India), Soya Mills SA (Greece)., Buhler Group (Switzerland), Ag Processing Inc (US), &A Fratelli Parodi Spa (Italy), Cargill (US), and Gemtek Products (US).

Increased use of industrial oils in food and beverages industry and the cosmetics industry will drive the growth of the market.

The Asia Pacific region has dominated the industrial oils market in 2023 and will remains its dominance in the near future.

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