January 11, 2016 - 9:41 AM EST
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Research and Markets: Europe Process Oil Market - Projected to Grow at a CAGR of 1.5% from 2015 to 2020

Research and Markets (http://www.researchandmarkets.com/research/np637m/europe_process) has announced the addition of the "Europe Process Oil Market - Forecast to 2020" report to their offering.

The process oil market in regions, such as Asia-Pacific, North America, and rest of the world has been witnessing significant growth, owing to the rise in the demand from industries such as tire & rubber, polymer, textile. However, the market in Europe is expected to witness declining growth rate over the forecast period.

The European process oil market recorded a consumption of 923.3 KT in 2014. Russia contributed the largest share of 20.0% to the European process oil market in 2014, as the country is known for its large number of oil & gas reserves.

The European process oil market is projected to grow at a CAGR of 1.5% during the forecast period from 2015 to 2020. In Russia and Germany, the process oil market is projected to grow at CAGR of 2.3% and 2.2% respectively during the forecast period.

Based on application, the European process oil market has been segmented into tire & rubber, polymer, personal care, and textile, among others. In terms of value, the tire & rubber application segment led the European process oil market and accounted for a share of 42.9% in 2014. This segment is projected to grow at the highest CAGR of 1.7% during the forecast period.

In terms of value, the naphthenic segment is projected to grow at the highest CAGR of 1.9% during the forecast period.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Market Overview

5 Europe Process Oil Market, By Type

6 Europe Process Oil Market, By Application

7 Europe Process Oil Market, By Geography

8 Competitive Landscape

9 Key Company Profiles

  • Avista Oil Ag
  • Chevron Corporation
  • Lukoil Oil Company
  • Nynas Ab
  • Petronas Lubricants Belgium NV
  • Repsol S.A.
  • Royal Dutch Shell PLC

For more information visit http://www.researchandmarkets.com/research/np637m/europe_process

Research and Markets
Laura Wood, Senior Manager
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Source: Business Wire (January 11, 2016 - 9:41 AM EST)

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