The global basestock industry continues to witness greater challenges. While the existing challenge of slow demand
growth consistently outpaced by new supply creation persists, newer challenges in the form of alternate automobile
technology, such as electric vehicles, are shaping the market landscape. On the other hand, the tightening fuel economy
and emission regulations and original equipment manufacturers' specifications are driving the use of high performance
basestocks. The market faces a lot of inter-API Group competition as blenders explore options to optimize their costs and
explore new market positioning strategies.
This Report Helps Subscribers to:
- Assess where the basestocks business is today and where it is going to be in the future
- Understand the critical supply and demand drivers
- Assess the future supply and demand for lubricant basestocks
- Understand the impact of electric vehicles on lubricant and basestock demand over the next 10 years
- Understand the availability of approved and unapproved Group III/III+ basestocks
- Impact of IMO 2020 regulations on basestocks availability
- Conduct manufacturing cost analysis of typical basestock plants under different crude oil price scenarios
- Conduct critical evaluation of basestock market pricing mechanism, price drivers, product premiumscommanded based on key performance characteristics, and price outlook for key grades
Provides in-depth coverage of the eight basestock markets: Brazil, China, Japan, India, South Korea, Taiwan, Thailand, and the United States.
Features a special focus on synthetic basestocks!
‘Global Lubricant Basestocks: Market Analysis and Opportunities’ is an in-depth analysis of the global lubricant basestocks industry. Specifically, the report offers the following:
- Lubricant basestock demand and supply analysis at a global level and by key regions, covering Africa and the Middle East, Asia-Pacific, Europe, North America, and South America.
- Supply and demand estimates for API Group I, II/II+, III/III+, and naphthenic basestocks, as well as demand estimates for Group IV and Group V basestocks.
- Manufacturing cost analysis of typical Group I, II, and III basestock manufacturing plants. n Analysis of current pricing levels and price forecast for various crude oil price scenarios.
Subscribers to the study receive an in-depth understanding of the current status the basestocks
industry in terms of basestock supply, basestock application space and demand, lubricant
formulation trends, basestock pricing mechanism, inter-region trade, inter-material competition,
and manufacturing costs.
- Subscribers to the study receive supply demand models for each trade region. These models are an invaluable tool for conducting “what-if” analysis based on different assumptions of lubricant formulation approach, current viscosity grades and quality levels used, viscosity grade and quality level shifts, and overall lubricant growth.
- The study is a useful tool for sales, marketing, finance, technology and strategy personnel to quickly learn the fundamentals of the basestock business, understand lubricant basestock requirements of the leading end-use markets, and make business decisions.
As the leading global consultancy covering lubricants and functional fluids, Kline & Company has developed
an analysis approach based heavily on primary research (in-person and telephone interviews). This approach
has a proven track record as the most effective and reliable in analyzing the lubricant basestocks and finished
lubricant and additives businesses, as well as in identifying business opportunities and threats.
Basestock supply information is developed based on interviews with all basestock refiners located in North
America, South America, Europe, Asia-Pacific, Africa, and the Middle East regions. Finished lubricant demand
numbers are a result of primary research carried out in different country markets. “Market average” blend
recipe sets for different regions will be developed on basis of interviews with a wide range of industry
experts: formulators, additive suppliers, and basestock marketers. The “market average” blend recipe so
developed is tested with a number of market participants and their feedback is incorporated where relevant.
Basestock demand estimates follow from finished lubricant demand estimates and market average blend
Regional Coverage: Africa and the Middle East, Asia-Pacific, Europe, North America, South America.
Table of Contents
Overall Market Summary
North America Basestock Market
Profiles for each region cover the following information:
- Finished Lubricants Market (current demand by product types and viscosity grades, demand growth, and viscosity grade shifts)
- Current and Projected Basestock Demand
- Key Basestock Supply Plants (capacity, production, viscosity grades produced by API group)
- Projected Capacity Addition, Capacity Creep, and Plant Closures
- Current and Projected Basestock Supply
South America Basestock Market
Europe Basestock Market
Asia-Pacific Basestock Market
Africa and the Middle East Basestock Market
Basestock Pricing Analysis and Forecast
- Key grades of paraffinic basestocks (Group I, II, II+, and III) for Northeast Asia, Northwest Europe, and U.S. Gulf Coast
- Key grades of naphthenic basestocks for U.S. Gulf Coast
Manufacturing Cost Analysis of Select
- Europe Group I plant
- North America Group II plant
- Asia Group III plant
- South Korea
- United States
Each market profile contains the following:
- Overview of the finished lubricant demand by end-use segment, product category, and product quality shifts: current and forecast (2018 to 2028)
- Basestock demand by segment, API groups, viscosity grades, and applications: current and forecast (2018 to 2028)
- Basestock supply by API Groups, viscosity grades and suppliers: current and forecast (2018 to 2028)
- Basestock capacity changes (2018 to 2028)
- Supply-demand balance by API Groups and viscosity grades: current and forecast
Special focus on synthetic basestocks (covering Group III, III+, PAO, and synthetic Group V basestocks) as an add-on report.