Global Synthetic Lubricant Basestocks Market Insights, Forecast to 2028

Market Analysis and Insights: Global Synthetic Lubricant Basestocks Market
Due to the COVID-19 pandemic, the global Synthetic Lubricant Basestocks market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Polyalkylene Glycol accounting for % of the Synthetic Lubricant Basestocks global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Oil & Gas segment is altered to an % CAGR throughout this forecast period.
China Synthetic Lubricant Basestocks market size is valued at US$ million in 2021, while the US and Europe Synthetic Lubricant Basestocks are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Synthetic Lubricant Basestocks landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Synthetic Lubricant Basestocks include BASF, Nyco, Shanghai Fox, Chevron Phillips, Huntsman, Israel Chemicals Ltd., Daihachi Chemical Industry, Calumet Specialty Products and Lanxess, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Synthetic Lubricant Basestocks capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Synthetic Lubricant Basestocks by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Synthetic Lubricant Basestocks Scope and Segment
Synthetic Lubricant Basestocks market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Synthetic Lubricant Basestocks market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Polyalkylene Glycol
Polyalphaolefins
Polyisobutenes
Phosphate Esters
Synthetic Esters
Others
Segment by Application
Oil & Gas
Chemical
Others
By Company
BASF
Nyco
Shanghai Fox
Chevron Phillips
Huntsman
Israel Chemicals Ltd.
Daihachi Chemical Industry
Calumet Specialty Products
Lanxess
Dow Chemical Company
ExxonMobil
Idemitsu Kosan
INEOS
Inolex
Clariant
Croda
NACO Synthetics
NOF Corporation
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE