Key Base Oil Market Players:
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
The global market includes the dominant integrated refiners ExxonMobil, Shell, and Chevron along with producers of advanced Group II & III South Korean firms SK Lubricants and S-Oil. European players BP, TotalEnergies, and Neste are expanding for the production of sustainable and low-emission base oils which complies with the regional green deal. Indian and Malaysian players are also expanding their capacities to meet the regional needs. Strategic initiatives include refinery expansions, mergers, long-term distributor partnerships, and technology advancements to keep pace with changing requirements of base oils in EV and industrial lubricants.
Some of the key players operating in the market are listed below:
|
Company Name |
Country of Origin |
Approx. Market Share (%) |
|
Cargill Incorporated |
USA |
~21% |
|
Archer Daniels Midland Company (ADM) |
USA |
~16% |
|
Ingredion Incorporated |
USA |
~13% |
|
Roquette Frères |
France |
~11% |
|
Tate & Lyle PLC |
UK |
~8% |
|
Südzucker AG (BENEO) |
Germany |
~xx% |
|
Tereos Group |
France |
~xx% |
|
AGRANA Beteiligungs-AG |
Austria |
~xx% |
|
Grain Processing Corporation |
USA |
~xx% |
|
Manildra Group |
Australia |
~xx% |
|
Samyang Corporation |
South Korea |
~xx% |
|
Gujarat Ambuja Exports Limited |
India |
~xx% |
|
Universal Starch Chem Allied Ltd |
India |
~xx% |
|
Malayan Flour Mills Berhad |
Malaysia |
~xx% |
|
Sukhjit Starch & Chemicals Ltd |
India |
~2% |
Here are a few areas of focus covered in the competitive landscape of the market: