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The re-refined base oils market is forecasted to grow by USD 2.64 billion during 2023-2028, accelerating AT a CAGR of 6.78% during the forecast period. The report on the re-refined base oils market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in demand for high-quality oils with lower environmental impact, rising demand for re-refined base oils in APAC owing to limited crude oil reserves, and rising demand for cost-effective alternatives to virgin oils.
The re-refined base oils market is segmented as below:
By Type
- Group I
- Group II
- Group III
By Application
- Engine oil
- Industrial oil
- Transmission oil
- Gear oil
- Others
By Geography
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the re-refined base oils market covers the following areas:
- Re-refined base oils market sizing
- Re-refined base oils market forecast
- Re-refined base oils market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global re-refined base oils market: ADVANCED LUBRICATION SPECIALTIES, AVISTA OIL Deutschland GmbH, Biosynthetic Technologies, Clean Harbors Inc., Cleanaway Waste Management Ltd., COSAN S.A., Emerald Transformer, GFL Environmental Inc., Heritage Crystal Clean Inc., Hydrodec Group PLC, Itelyum Regeneration S.p.A., Lwart Solucoes Ambientais, Neste Corp., Nynas AB, PetroChoice, PURAGLOBE Germany GmbH, ReGen III, Rock Oil Refining Inc., Shell PLC, and Vertex Energy Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is favorable government regulations promoting use of recycled and re-refined oil products."
According to the report, one of the major drivers for this market is the rise in demand for high-quality oils with lower environmental impact.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ADVANCED LUBRICATION SPECIALTIES
- AVISTA OIL Deutschland GmbH
- Biosynthetic Technologies
- Clean Harbors Inc.
- Cleanaway Waste Management Ltd.
- COSAN S.A.
- Emerald Transformer
- GFL Environmental Inc.
- Heritage Crystal Clean Inc.
- Hydrodec Group plc
- Itelyum Regeneration S.p.A.
- Lwart Solucoes Ambientais
- Neste Corp.
- Nynas AB
- PetroChoice
- PURAGLOBE Germany GmbH
- ReGen III
- Rock Oil Refining Inc.
- Shell plc
- Vertex Energy Inc.
