by Group (Group I, Group II, Group III, Group IV, Group V), Application (Automotive Oil, Industrial Oil, Hydraulic Oil, Grease, Metalworking Fluid), Region (North America, Europe, Asia Pacific, South America, MEA)
Publisher: MarketsandMarkets
# of Pages: 290
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Publication Date: October, 2020
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TABLE OF CONTENTS
1 INTRODUCTION 37
1.1 OBJECTIVES OF THE STUDY 37
1.2 MARKET DEFINITION 37
1.2.1 INCLUSIONS & EXCLUSIONS 38
TABLE 1 BASE OIL MARKET: INCLUSIONS & EXCLUSIONS 38
1.3 SCOPE OF THE STUDY 38
1.3.1 MARKETS COVERED 38
1.3.2 REGIONAL SCOPE 39
1.3.3 YEARS CONSIDERED FOR THE STUDY 39
1.4 CURRENCY CONSIDERED 40
1.4.1 PACKAGE SIZE 40
1.5 STAKEHOLDERS 40
2 RESEARCH METHODOLOGY 41
2.1 RESEARCH DATA 41
FIGURE 1 BASE OIL MARKET: RESEARCH DESIGN 41
2.1.1 SECONDARY DATA 42
2.1.1.1 KEY SECONDARY SOURCES 42
2.1.2 PRIMARY DATA 43
2.1.2.1 KEY DATA FROM PRIMARY SOURCES 43
2.1.2.2 KEY INDUSTRY INSIGHTS 43
2.1.2.3 BREAKDOWN OF PRIMARY INTERVIEWS 44
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY,
DESIGNATION, AND REGION 44
2.2 MARKET SIZE ESTIMATION 44
2.2.1 PRIMARY AND SECONDARY RESEARCH 45
FIGURE 3 MARKET SIZE ESTIMATION 45
FIGURE 4 MARKET SIZE CALCULATION, BY APPLICATION 46
FIGURE 5 MARKET SIZE CALCULATION, BY GROUP 46
FIGURE 6 FORECAST NUMBER CALCULATION 47
2.3 MARKET SIZE ESTIMATION 47
FIGURE 7 BOTTOM-UP APPROACH 47
FIGURE 8 TOP-DOWN APPROACH 48
2.4 DATA TRIANGULATION 48
FIGURE 9 DATA TRIANGULATION 49
2.5 RESEARCH ASSUMPTIONS 49
2.6 LIMITATIONS 50
3 EXECUTIVE SUMMARY 51
4 PREMIUM INSIGHTS 55
4.1 ATTRACTIVE OPPORTUNITIES IN BASE OIL MARKET 55
FIGURE 13 BASE OIL MARKET IS PROJECTED TO WITNESS SLUGGISH GROWTH
DURING FORECAST PERIOD 55
4.2 ASIA PACIFIC BASE OIL MARKET, BY GROUP & COUNTRY 56
FIGURE 14 GROUP II AND CHINA ESTIMATED TO DOMINATE ASIA PACIFIC BASE OIL MARKET IN 2020 (KILOTON) 56
4.3 BASE OIL MARKET, BY GROUP 57
FIGURE 15 GROUP II SEGMENT PROJECTED TO LEAD BASE OIL MARKET DURING FORECAST PERIOD 57
4.4 BASE OIL MARKET, BY APPLICATION 57
FIGURE 16 AUTOMOTIVE OIL TO DOMINATE BASE OIL MARKET DURING FORECAST PERIOD (KILO TONS) 57
4.5 BASE OIL MARKET GROWTH 58
FIGURE 17 BASE OIL MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD (KILOTON) 58
5 BASE OIL PATENT ANALYSIS 59
FIGURE 18 PUBLICATION TRENDS - LAST 5 YEARS 59
5.1 INSIGHT 60
FIGURE 19 GEOGRAPHICAL REPRESENTATION 60
FIGURE 20 TOP ASSIGNEES 60
6 MARKET OVERVIEW 62
6.1 INTRODUCTION 62
6.2 MARKET SEGMENTATION 62
TABLE 3 BASE OIL MARKET, BY GROUP 62
TABLE 4 BASE OIL MARKET, BY TYPE 63
TABLE 5 BASE OIL MARKET, BY APPLICATION 63
FIGURE 21 BASE OIL MARKET, BY REGION 64
6.3 MARKET DYNAMICS 64
FIGURE 22 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF
THE BASE OIL MARKET 64
6.3.1 DRIVERS 65
6.3.1.1 INCREASING DEMAND FOR HIGH-GRADE OILS IN THE AUTOMOTIVE INDUSTRY 65
6.3.1.2 GROWING GDP IN ASIA PACIFIC LED BY INCREASING INDUSTRIAL ACTIVITIES 66
TABLE 6 INDUSTRIAL GROWTH RATE OF DEVELOPING COUNTRIES
IN ASIA PACIFIC (2018) 66
TABLE 7 GDP GROWTH OF DEVELOPING COUNTRIES IN ASIA PACIFIC 66
6.3.2 RESTRAINTS 67
6.3.2.1 DECLINING DEMAND FOR GROUP I BASE OIL 67
6.3.3 OPPORTUNITIES 67
6.3.3.1 LUCRATIVE MARKET OPPORTUNITIES FROM BRIC COUNTRIES 67
TABLE 8 BRIC COUNTRIES ACCOUNTED FOR 22% OF THE TOTAL VEHICLES
ON ROAD IN 2015 67
6.3.3.2 GROWING DEMAND FOR RENEWABLE ENERGY 67
6.3.4 CHALLENGES 68
6.3.4.1 FLUCTUATING PRICES OF CRUDE OIL 68
6.3.4.2 GROWTH IN DEMAND FOR HYBRID VEHICLES AND INCREASING BATTERY
PRICE PARITY 68
6.4 TRADE DATA STATISTICS 69
6.5 PORTER’S FIVE FORCES ANALYSIS 71
FIGURE 23 BASE OIL MARKET: PORTER’S FIVE FORCES ANALYSIS 71
6.5.1 BARGAINING POWER OF SUPPLIERS 72
6.5.2 BARGAINING POWER OF BUYERS 72
6.5.3 THREAT OF SUBSTITUTES 72
6.5.4 THREAT OF NEW ENTRANTS 72
6.5.5 INTENSITY OF COMPETITIVE RIVALRY 72
6.6 INDUSTRY OUTLOOK 73
6.6.1 AUTOMOTIVE INDUSTRY 73
TABLE 9 SALE OF NEW VEHICLES IN KEY COUNTRIES OF APAC, 2018 (UNITS) 73
TABLE 10 SALE OF NEW VEHICLES IN KEY COUNTRIES OF NORTH AMERICA,
2018 (UNITS) 73
TABLE 11 SALE OF NEW VEHICLE IN KEY COUNTRIES OF EUROPE, 2018 (UNITS) 73
TABLE 12 SALE OF NEW VEHICLES IN KEY COUNTRIES OF SOUTH AMERICA,
2018 (UNITS) 73
TABLE 13 SALE OF NEW VEHICLES IN KEY COUNTRIES OF MIDDLE EAST
& AFRICA, 2018 (UNITS) 74
6.7 VALUE CHAIN ANALYSIS 74
6.8 ECOSYSTEM/MARKET MAP 74
6.8.1 CASE STUDY 75
7 RE-REFINED BASE OIL MARKET 76
7.1 INTRODUCTION 76
7.2 TECHNOLOGY FOR RE-REFINED BASE OIL 76
FIGURE 24 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF
THE BASE OIL MARKET 77
7.3 REGIONAL ANALYSIS 78
7.3.1 NORTH AMERICA 78
FIGURE 25 RE-REFINED BASE OIL CAPACITY, BY REGION (2014) 78
TABLE 14 CAPACITY OF MAJOR RE-REFINING OIL COMPANIES, BY REGION,
2014 (METRIC TONS) 79
7.3.2 EUROPE 79
8 BASE OIL MARKET, BY TYPE 80
8.1 INTRODUCTION 80
8.2 MINERAL OIL 80
8.2.1 GROWING EMPHASIS ON PREMIUM GRADE PRODUCTS TO AFFECT
THE MARKET FOR MINERAL GRADE BASE OIL 80
8.3 SYNTHETIC OIL 81
8.3.1 HIGH FUEL EFFICIENCY TO DRIVE THE MARKET FOR SYNTHETIC OIL 81
8.4 BIO-BASED OIL 82
8.4.1 ENVIRONMENT-FRIENDLY NATURE OF BIO-BASED LUBRICANTS
TO INCREASE THEIR CONSUMPTION 82
9 BASE OIL MARKET, BY GROUP 83
9.1 INTRODUCTION 84
FIGURE 26 GROUP II SEGMENT PROJECTED TO LEAD BASE OIL MARKET
DURING FORECAST PERIOD 84
TABLE 15 BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 84
TABLE 16 BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 85
TABLE 17 BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 85
TABLE 18 BASE OIL MARKET SIZE, BY GROUP, 2020-2025 (KILOTONS) 85
9.2 GROUP I 86
9.2.1 HIGH SULFUR AND AROMATICS CONTENT PROJECTED TO AFFECT
THE DEMAND FOR GROUP I BASE OIL 86
TABLE 19 GROUP I BASE OIL MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 86
TABLE 20 GROUP I BASE OIL MARKET SIZE, BY REGION, 2020–2025 (USD MILLION) 86
TABLE 21 GROUP I BASE OIL MARKET SIZE, BY REGION, 2016–2019 (KILOTONS) 87
TABLE 22 GROUP I BASE OIL MARKET SIZE, BY REGION, 2020–2025 (KILOTONS) 87
9.3 GROUP II 88
9.3.1 RISING DEMAND FROM AUTOMOTIVE LUBRICANTS DRIVES THE
MARKET FOR GROUP II BASE OIL 88
TABLE 23 GROUP II BASE OIL MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 88
TABLE 24 GROUP II BASE OIL MARKET SIZE, BY REGION, 2020–2025 (USD MILLION) 88
TABLE 25 GROUP II BASE OIL MARKET SIZE, BY REGION, 2016–2019 (KILOTONS) 89
TABLE 26 GROUP II BASE OIL MARKET SIZE, BY REGION, 2020–2025 (KILOTONS) 89
9.4 GROUP III 89
9.4.1 INCLINATION TOWARD FUEL-EFFICIENT LUBRICANTS PROPELS THE
DEMAND FOR GROUP III BASE OIL 89
TABLE 27 GROUP III BASE OIL MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 90
TABLE 28 GROUP III BASE OIL MARKET SIZE, BY REGION, 2020–2025 (USD MILLION) 90
TABLE 29 GROUP III BASE OIL MARKET SIZE, BY REGION, 2016–2019 (KILOTONS) 91
TABLE 30 GROUP III BASE OIL MARKET SIZE, BY REGION, 2020–2025 (KILOTONS) 91
9.5 GROUP IV 91
9.5.1 HIGH VISCOSITY INDEX CONTRIBUTES TO THE GROWTH OF GROUP
IV BASE OIL 91
TABLE 31 GROUP IV BASE OIL MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 92
TABLE 32 GROUP IV BASE OIL MARKET SIZE, BY REGION, 2020–2025 (USD MILLION) 92
TABLE 33 GROUP IV BASE OIL MARKET SIZE, BY REGION, 2016–2019 (KILOTONS) 92
TABLE 34 GROUP IV BASE OIL MARKET SIZE, BY REGION, 2020–2025 (KILOTONS) 93
9.6 GROUP V 93
9.6.1 ESTERS ARE WIDELY USED IN GROUP V BASE OIL MANUFACTURING 93
TABLE 35 GROUP V BASE OIL MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 93
TABLE 36 GROUP V BASE OIL MARKET SIZE, BY REGION, 2020–2025 (USD MILLION) 94
TABLE 37 GROUP V BASE OIL MARKET SIZE, BY REGION, 2016–2019 (KILOTONS) 94
TABLE 38 GROUP V BASE OIL MARKET SIZE, BY REGION, 2020–2025 (KILOTONS) 94
10 BASE OIL MARKET, BY APPLICATION 95
10.1 INTRODUCTION 96
FIGURE 27 AUTOMOTIVE OIL PROJECTED TO LEAD BASE OIL MARKET DURING
FORECAST PERIOD 96
TABLE 39 BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION) 96
TABLE 40 BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION) 97
TABLE 41 BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTONS) 97
TABLE 42 BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (KILOTONS) 97
10.2 AUTOMOTIVE OIL 98
10.2.1 ASIA PACIFIC IS THE LARGEST CONSUMER OF AUTOMOTIVE OIL GLOBALLY 98
TABLE 43 BASE OIL MARKET SIZE IN AUTOMOTIVE OIL, BY REGION,
2016–2020 (USD MILLION) 98
TABLE 44 BASE OIL MARKET SIZE IN AUTOMOTIVE OIL, BY REGION,
2020–2025 (USD MILLION) 99
TABLE 45 BASE OIL MARKET SIZE IN AUTOMOTIVE OIL, BY REGION,
2016–2019 (KILOTONS) 99
TABLE 46 BASE OIL MARKET SIZE IN AUTOMOTIVE OIL, BY REGION,
2020–2025 (KILOTONS) 99
10.2.1.1 COVID-19 IMPACT ON AUTOMOTIVE 100
10.3 INDUSTRIAL OIL 100
10.3.1 GROWING INDUSTRIALIZATION TO DRIVE THE MARKET FOR INDUSTRIAL OIL 100
TABLE 47 BASE OIL MARKET SIZE IN INDUSTRIAL OIL, BY REGION,
2016–2019 (USD MILLION) 101
TABLE 48 BASE OIL MARKET SIZE IN INDUSTRIAL OIL, BY REGION,
2020–2025 (USD MILLION) 101
TABLE 49 BASE OIL MARKET SIZE IN INDUSTRIAL OIL, BY REGION,
2016–2019 (KILOTONS) 102
TABLE 50 BASE OIL MARKET SIZE IN INDUSTRIAL OIL, BY REGION,
2020–2025 (KILOTONS) 102
10.3.1.1 COVID-19 IMPACT ON INDUSTRIAL OIL 102
10.4 METALWORKING FLUID 103
10.4.1 GROWING METAL & MINING INDUSTRY TO DRIVE THE METALWORKING
FLUID MARKET 103
TABLE 51 BASE OIL MARKET SIZE IN METALWORKING FLUID, BY REGION,
2016–2019 (USD MILLION) 103
TABLE 52 BASE OIL MARKET SIZE IN METALWORKING FLUID, BY REGION,
2020–2025 (USD MILLION) 104
TABLE 53 BASE OIL MARKET SIZE IN METALWORKING FLUID, BY REGION,
2016–2019 (KILOTONS) 104
TABLE 54 BASE OIL MARKET SIZE IN METALWORKING FLUID, BY REGION,
2020–2025 (KILOTONS) 104
10.4.1.1 COVID-19 IMPACT ON METALWORKING FLUID 105
10.5 HYDRAULIC OIL 106
10.5.1 DEMAND FOR HYDRAULIC OILS ESTIMATED TO BE LARGELY DRIVEN
BY DEVELOPING COUNTRIES OF ASIA PACIFIC, THE MIDDLE EAST
& AFRICA, AND SOUTH AMERICA 106
TABLE 55 BASE OIL MARKET SIZE IN HYDRAULIC OIL, BY REGION,
2016–2019 (USD MILLION) 106
TABLE 56 BASE OIL MARKET SIZE IN HYDRAULIC OIL, BY REGION,
2020–2025 (USD MILLION) 107
TABLE 57 BASE OIL MARKET SIZE IN HYDRAULIC OIL, BY REGION,
2016–2019 (KILOTONS) 107
TABLE 58 BASE OIL MARKET SIZE IN HYDRAULIC OIL, BY REGION,
2020–2025 (KILOTONS) 107
10.5.1.1 COVID-19 IMPACT ON HYDRAULIC OIL 108
10.6 GREASE 108
10.6.1 MINING, CONSTRUCTION, AND TRANSPORTATION SECTORS
ARE MAJOR CONSUMERS OF GREASE 108
TABLE 59 BASE OIL MARKET SIZE IN GREASE, BY REGION, 2016–2019 (USD MILLION) 109
TABLE 60 BASE OIL MARKET SIZE IN GREASE, BY REGION, 2020–2025 (USD MILLION) 109
TABLE 61 BASE OIL MARKET SIZE IN GREASE, BY REGION, 2016–2019 (KILOTONS) 109
TABLE 62 BASE OIL MARKET SIZE IN GREASE, BY REGION, 2020–2025 (KILOTONS) 110
10.6.1.1 COVID-19 IMPACT ON GREASE 110
10.7 OTHERS 110
TABLE 63 BASE OIL MARKET SIZE IN OTHERS, BY REGION, 2016–2019 (USD MILLION) 111
TABLE 64 BASE OIL MARKET SIZE IN OTHERS, BY REGION, 2020–2025 (USD MILLION) 111
TABLE 65 BASE OIL MARKET SIZE IN OTHERS, BY REGION, 2016–2019 (KILOTONS) 111
TABLE 66 BASE OIL MARKET SIZE IN OTHERS, BY REGION, 2020–2025 (KILOTONS) 112
11 BASE OIL MARKET, BY REGION 113
11.1 INTRODUCTION 114
FIGURE 28 ASIA PACIFIC TO BE LARGEST MARKET FOR BASE OIL DURING
FORECAST PERIOD 114
TABLE 67 BASE OIL MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 114
TABLE 68 BASE OIL MARKET SIZE, BY REGION, 2020–2025 (USD MILLION) 115
TABLE 69 BASE OIL MARKET SIZE, BY REGION, 2016–2019 (KILOTONS) 115
TABLE 70 BASE OIL MARKET SIZE, BY REGION, 2020–2025 (KILOTONS) 115
11.2 ASIA PACIFIC 116
FIGURE 29 ASIA PACIFIC: BASE OIL MARKET SNAPSHOT 117
TABLE 71 ASIA PACIFIC: BASE OIL MARKET SIZE, BY COUNTRY,
2016–2019 (USD MILLION) 118
TABLE 72 ASIA PACIFIC: BASE OIL MARKET SIZE, BY COUNTRY,
2020–2025 (USD MILLION) 118
TABLE 73 ASIA PACIFIC: BASE OIL MARKET SIZE, BY COUNTRY,
2016–2019 (KILOTONS) 118
TABLE 74 ASIA PACIFIC: BASE OIL MARKET SIZE, BY COUNTRY,
2020–2025 (KILOTONS) 119
TABLE 75 ASIA PACIFIC: BASE OIL MARKET SIZE, BY GROUP,
2016–2019 (USD MILLION) 119
TABLE 76 ASIA PACIFIC: BASE OIL MARKET SIZE, BY GROUP,
2020–2025 (USD MILLION) 119
TABLE 77 ASIA PACIFIC: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 120
TABLE 78 ASIA PACIFIC: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 120
TABLE 79 ASIA PACIFIC: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 120
TABLE 80 ASIA PACIFIC: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 121
TABLE 81 ASIA PACIFIC: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTONS) 121
TABLE 82 ASIA PACIFIC: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (KILOTONS) 121
11.2.1 CHINA 122
11.2.1.1 INCREASING POPULATION DRIVES THE DEMAND FOR BASE OIL IN CHINA 122
TABLE 83 CHINA: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 122
TABLE 84 CHINA: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 122
TABLE 85 CHINA: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 123
TABLE 86 CHINA: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 123
TABLE 87 CHINA: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 123
TABLE 88 CHINA: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 124
TABLE 89 CHINA: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTONS) 124
TABLE 90 CHINA: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (KILOTONS) 124
11.2.1.2 COVID-19 IMPACT ON CHINA 125
11.2.2 JAPAN 125
11.2.2.1 GROWING AUTOMOTIVE PRODUCTION TO FUEL THE BASE OIL MARKET IN JAPAN 125
TABLE 91 JAPAN: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 126
TABLE 92 JAPAN: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 126
TABLE 93 JAPAN: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 126
TABLE 94 JAPAN: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 127
TABLE 95 JAPAN: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 127
TABLE 96 JAPAN: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 127
TABLE 97 JAPAN: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTONS) 128
TABLE 98 JAPAN: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (KILOTONS) 128
11.2.2.2 COVID-19 IMPACT ON JAPAN 128
11.2.3 INDIA 129
11.2.3.1 RAPID URBANIZATION AND GROWING POPULATION TO BOOST THE DEMAND
FOR BASE OIL IN INDIA 129
TABLE 99 INDIA: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 129
TABLE 100 INDIA: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 129
TABLE 101 INDIA: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 130
TABLE 102 INDIA: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 130
TABLE 103 INDIA: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION) 130
TABLE 104 INDIA: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION) 131
TABLE 105 INDIA: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTONS) 131
TABLE 106 INDIA: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (KILOTONS) 131
11.2.3.2 COVID-19 IMPACT ON INDIA 132
11.2.4 SOUTH KOREA 132
11.2.4.1 GROWING INDUSTRIAL DEVELOPMENT TO GENERATE A POSITIVE IMPACT
ON THE BASE OIL MARKET IN SOUTH KOREA 132
TABLE 107 SOUTH KOREA: BASE OIL MARKET SIZE, BY GROUP,
2016–2019 (USD MILLION) 133
TABLE 108 SOUTH KOREA: BASE OIL MARKET SIZE, BY GROUP,
2020–2025 (USD MILLION) 133
TABLE 109 SOUTH KOREA: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 133
TABLE 110 SOUTH KOREA: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 134
TABLE 111 SOUTH KOREA: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 134
TABLE 112 SOUTH KOREA: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 134
TABLE 113 SOUTH KOREA: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTONS) 135
TABLE 114 SOUTH KOREA: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (KILOTONS) 135
11.2.4.2 COVID-19 IMPACT ON SOUTH KOREA 135
11.2.5 INDONESIA 136
11.2.5.1 RISING OIL PRODUCTION TO SPUR THE DEMAND FOR BASE OIL IN INDONESIA 136
TABLE 115 INDONESIA: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 136
TABLE 116 INDONESIA: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 136
TABLE 117 INDONESIA: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 137
TABLE 118 INDONESIA: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 137
TABLE 119 INDONESIA: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 137
TABLE 120 INDONESIA: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 138
TABLE 121 INDONESIA: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTONS) 138
TABLE 122 INDONESIA: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (KILOTONS) 138
11.2.5.2 COVID-19 IMPACT ON INDONESIA 139
11.2.6 THAILAND 139
11.2.6.1 RISING PRODUCTION OF AUTOMOTIVE PARTS TO DRIVE THE DEMAND FOR
BASE OIL IN THAILAND 139
TABLE 123 THAILAND: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 140
TABLE 124 THAILAND: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 140
TABLE 125 THAILAND: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 140
TABLE 126 THAILAND: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 141
TABLE 127 THAILAND: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 141
TABLE 128 THAILAND: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 141
TABLE 129 THAILAND: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTONS) 142
TABLE 130 THAILAND: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (KILOTONS) 142
11.2.6.2 COVID-19 IMPACT ON THAILAND 142
11.2.7 REST OF ASIA PACIFIC 143
TABLE 131 REST OF ASIA PACIFIC: BASE OIL MARKET SIZE, BY GROUP,
2016–2019 (USD MILLION) 143
TABLE 132 REST OF ASIA PACIFIC: BASE OIL MARKET SIZE, BY GROUP,
2020–2025 (USD MILLION) 143
TABLE 133 REST OF ASIA PACIFIC: BASE OIL MARKET SIZE, BY GROUP,
2016–2019 (KILOTONS) 143
TABLE 134 REST OF ASIA PACIFIC: BASE OIL MARKET SIZE, BY GROUP,
2020–2025 (KILOTONS) 144
TABLE 135 REST OF ASIA PACIFIC: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 144
TABLE 136 REST OF ASIA PACIFIC: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 144
TABLE 137 REST OF ASIA PACIFIC: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTONS) 145
TABLE 138 REST OF ASIA PACIFIC: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (KILOTONS) 145
11.2.7.1 COVID-19 IMPACT ON REST OF ASIA PACIFIC 145
11.3 EUROPE 146
FIGURE 30 EUROPE: BASE OIL MARKET SNAPSHOT 147
TABLE 139 EUROPE: BASE OIL MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION) 148
TABLE 140 EUROPE: BASE OIL MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION) 148
TABLE 141 EUROPE: BASE OIL MARKET SIZE, BY COUNTRY, 2016–2019 (KILOTONS) 148
TABLE 142 EUROPE: BASE OIL MARKET SIZE, BY COUNTRY, 2020–2025 (KILOTONS) 149
TABLE 143 EUROPE: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 149
TABLE 144 EUROPE: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 150
TABLE 145 EUROPE: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 150
TABLE 146 EUROPE: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 150
TABLE 147 EUROPE: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 151
TABLE 148 EUROPE: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 151
TABLE 149 EUROPE: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTONS) 151
TABLE 150 EUROPE: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (KILOTONS) 152
11.3.1 RUSSIA 152
11.3.1.1 RUSSIA DOMINATED THE EUROPEAN BASE OIL MARKET IN 2019 152
TABLE 151 RUSSIA: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 153
TABLE 152 RUSSIA: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 153
TABLE 153 RUSSIA: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 153
TABLE 154 RUSSIA: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 154
TABLE 155 RUSSIA: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 154
TABLE 156 RUSSIA: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 154
TABLE 157 RUSSIA: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTONS) 155
TABLE 158 RUSSIA: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (KILOTONS) 155
11.3.1.2 COVID-19 IMPACT ON RUSSIA 155
11.3.2 GERMANY 156
11.3.2.1 BASE OIL MARKET MAJORLY DRIVEN BY THE AUTOMOBILE INDUSTRY IN GERMANY 156
TABLE 159 GERMANY: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 156
TABLE 160 GERMANY: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 156
TABLE 161 GERMANY: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 157
TABLE 162 GERMANY: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 157
TABLE 163 GERMANY: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 157
TABLE 164 GERMANY: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 158
TABLE 165 GERMANY: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTONS) 158
TABLE 166 GERMANY: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (KILOTONS) 158
11.3.2.2 COVID-19 IMPACT ON GERMANY 159
11.3.3 FRANCE 159
11.3.3.1 PRESENCE OF MAJOR BASE OIL MANUFACTURING COMPANIES SUPPORTS
THE MARKET GROWTH IN FRANCE 159
TABLE 167 FRANCE: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 159
TABLE 168 FRANCE: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 160
TABLE 169 FRANCE: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 160
TABLE 170 FRANCE: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 160
TABLE 171 FRANCE: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 161
TABLE 172 FRANCE: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 161
TABLE 173 FRANCE: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTONS) 161
TABLE 174 FRANCE: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (KILOTONS) 162
11.3.3.2 COVID-19 IMPACT ON FRANCE 162
11.3.4 ITALY 163
11.3.4.1 GROUP I ACCOUNTED FOR THE LARGEST SHARE OF THE BASE OIL MARKET
IN ITALY IN 2018 163
TABLE 175 ITALY: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 163
TABLE 176 ITALY: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 163
TABLE 177 ITALY: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 164
TABLE 178 ITALY: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 164
TABLE 179 ITALY: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION) 164
TABLE 180 ITALY: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION) 165
TABLE 181 ITALY: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTONS) 165
TABLE 182 ITALY: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (KILOTONS) 165
11.3.4.2 COVID-19 IMPACT ON ITALY 166
11.3.5 UK 166
11.3.5.1 THE UK IS THE FIFTH-LARGEST CONSUMER OF BASE OIL IN EUROPE 166
TABLE 183 UK: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 166
TABLE 184 UK: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 167
TABLE 185 UK: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 167
TABLE 186 UK: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 167
TABLE 187 UK: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION) 168
TABLE 188 UK: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION) 168
TABLE 189 UK: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTONS) 168
TABLE 190 UK: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (KILOTONS) 169
11.3.5.2 COVID-19 IMPACT ON THE UK 169
11.3.6 SPAIN 169
11.3.6.1 AUTOMOTIVE OIL SEGMENT ACCOUNTED FOR THE LARGEST SHARE OF THE
BASE OIL MARKET IN SPAIN IN 2018 169
TABLE 191 SPAIN: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 170
TABLE 192 SPAIN: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 170
TABLE 193 SPAIN: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 170
TABLE 194 SPAIN: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 171
TABLE 195 SPAIN: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 171
TABLE 196 SPAIN: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 171
TABLE 197 SPAIN: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTONS) 172
TABLE 198 SPAIN: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (KILOTONS) 172
11.3.6.2 COVID-19 IMPACT ON SPAIN 172
11.3.7 REST OF EUROPE 173
TABLE 199 REST OF EUROPE: BASE OIL MARKET SIZE, BY GROUP,
2016–2019 (USD MILLION) 173
TABLE 200 REST OF EUROPE: BASE OIL MARKET SIZE, BY GROUP,
2020–2025 (USD MILLION) 173
TABLE 201 REST OF EUROPE: BASE OIL MARKET SIZE, BY GROUP,
2016–2019 (KILOTONS) 173
TABLE 202 REST OF EUROPE: BASE OIL MARKET SIZE, BY GROUP,
2020–2025 (KILOTONS) 174
TABLE 203 REST OF EUROPE: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 174
TABLE 204 REST OF EUROPE: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 174
TABLE 205 REST OF EUROPE: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTONS) 175
TABLE 206 REST OF EUROPE: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (KILOTONS) 175
11.4 NORTH AMERICA 175
TABLE 207 BASE OIL PRODUCTION CAPACITY OF 10 MAJOR PLAYERS IN
NORTH AMERICA, 2018–2019 (KILOTONS) 176
FIGURE 31 NORTH AMERICA: BASE OIL MARKET SNAPSHOT 177
TABLE 208 NORTH AMERICA: BASE OIL MARKET, BY COUNTRY,
2016–2019 (USD MILLION) 177
TABLE 209 NORTH AMERICA: BASE OIL MARKET, BY COUNTRY,
2020–2025 (USD MILLION) 178
TABLE 210 NORTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2016–2019 (KILOTONS) 178
TABLE 211 NORTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2020–2025 (KILOTONS) 178
TABLE 212 NORTH AMERICA: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 178
TABLE 213 NORTH AMERICA: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 179
TABLE 214 NORTH AMERICA: BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 179
TABLE 215 NORTH AMERICA: BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 179
TABLE 216 NORTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 180
TABLE 217 NORTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 180
TABLE 218 NORTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (KILOTONS) 180
TABLE 219 NORTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (KILOTONS) 181
11.4.1 US 181
11.4.1.1 RISING DEMAND FOR GROUP II AND GROUP II+ BASE OILS TO DRIVE
THE BASE OIL MARKET IN THE US 181
TABLE 220 US: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 182
TABLE 221 US: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 182
TABLE 222 US: BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 182
TABLE 223 US: BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 183
TABLE 224 US: BASE OIL MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 183
TABLE 225 US: BASE OIL MARKET, BY APPLICATION, 2020–2025 (USD MILLION) 183
TABLE 226 US: BASE OIL MARKET, BY APPLICATION, 2016–2019 (KILOTONS) 184
TABLE 227 US: BASE OIL MARKET, BY APPLICATION, 2020–2025 (KILOTONS) 184
11.4.1.2 COVID-19 IMPACT ON THE US 184
11.4.2 CANADA 185
11.4.2.1 CANADA IS THE SECOND-LARGEST MARKET FOR BASE OIL IN THE NORTH AMERICAN REGION 185
TABLE 228 CANADA: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 185
TABLE 229 CANADA: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 186
TABLE 230 CANADA: BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 186
TABLE 231 CANADA: BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 186
TABLE 232 CANADA: BASE OIL MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 187
TABLE 233 CANADA: BASE OIL MARKET, BY APPLICATION, 2020–2025 (USD MILLION) 187
TABLE 234 CANADA: BASE OIL MARKET, BY APPLICATION, 2016–2019 (KILOTONS) 187
TABLE 235 CANADA: BASE OIL MARKET, BY APPLICATION, 2020–2025 (KILOTONS) 188
11.4.2.2 COVID-19 IMPACT ON CANADA 188
11.4.3 MEXICO 189
11.4.3.1 GROWTH IN POWER GENERATION, OIL & GAS, AND MANUFACTURING SECTORS DRIVES THE BASE OIL MARKET IN MEXICO 189
TABLE 236 MEXICO: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 189
TABLE 237 MEXICO: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 189
TABLE 238 MEXICO: BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 190
TABLE 239 MEXICO: BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 190
TABLE 240 MEXICO: BASE OIL MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 190
TABLE 241 MEXICO: BASE OIL MARKET, BY APPLICATION, 2020–2025 (USD MILLION) 191
TABLE 242 MEXICO: BASE OIL MARKET, BY APPLICATION, 2016–2019 (KILOTONS) 191
TABLE 243 MEXICO: BASE OIL MARKET, BY APPLICATION, 2020–2025 (KILOTONS) 191
11.4.3.2 COVID-19 IMPACT ON MEXICO 192
11.5 MIDDLE EAST & AFRICA 192
TABLE 244 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY COUNTRY,
2016–2019 (USD MILLION) 193
TABLE 245 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY COUNTRY,
2020–2025 (USD MILLION) 193
TABLE 246 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY COUNTRY,
2016–2019 (KILOTONS) 193
TABLE 247 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY COUNTRY,
2020–2025 (KILOTONS) 193
TABLE 248 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY GROUP,
2016–2019 (USD MILLION) 194
TABLE 249 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY GROUP,
2020–2025 (USD MILLION) 194
TABLE 250 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY GROUP,
2016–2019 (KILOTONS) 194
TABLE 251 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY GROUP,
2020–2025 (KILOTONS) 195
TABLE 252 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 195
TABLE 253 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 196
TABLE 254 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (KILOTONS) 196
TABLE 255 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (KILOTONS) 196
11.5.1 SAUDI ARABIA 197
11.5.1.1 SAUDI ARABIA DOMINATED THE MIDDLE EAST & AFRICA BASE
OIL MARKET IN 2018 197
TABLE 256 SAUDI ARABIA: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 197
TABLE 257 SAUDI ARABIA: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 197
TABLE 258 SAUDI ARABIA: BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 198
TABLE 259 SAUDI ARABIA: BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 198
TABLE 260 SAUDI ARABIA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 198
TABLE 261 SAUDI ARABIA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 199
TABLE 262 SAUDI ARABIA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (KILOTONS) 199
TABLE 263 SAUDI ARABIA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (KILOTONS) 199
11.5.1.2 COVID-19 IMPACT ON SAUDI ARABIA 200
11.5.2 TURKEY 200
11.5.2.1 GROUP II ACCOUNTED FOR THE LARGEST MARKET SHARE IN TURKEY,
BASED ON GROUP, IN 2018 200
TABLE 264 TURKEY: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 200
TABLE 265 TURKEY: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 201
TABLE 266 TURKEY: BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 201
TABLE 267 TURKEY: BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 201
TABLE 268 TURKEY: BASE OIL MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 202
TABLE 269 TURKEY: BASE OIL MARKET, BY APPLICATION, 2020–2025 (USD MILLION) 202
TABLE 270 TURKEY: BASE OIL MARKET, BY APPLICATION, 2016–2019 (KILOTONS) 202
TABLE 271 TURKEY: BASE OIL MARKET, BY APPLICATION, 2020–2025 (KILOTONS) 203
11.5.3 IRAN 203
11.5.3.1 HIGH DEMAND FROM THE AUTOMOTIVE OIL SEGMENT DRIVES THE
BASE OIL MARKET GROWTH IN IRAN 203
TABLE 272 IRAN: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 203
TABLE 273 IRAN: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 204
TABLE 274 IRAN: BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 204
TABLE 275 IRAN: BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 204
TABLE 276 IRAN: BASE OIL MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 205
TABLE 277 IRAN: BASE OIL MARKET, BY APPLICATION, 2020–2025 (USD MILLION) 205
TABLE 278 IRAN: BASE OIL MARKET, BY APPLICATION, 2016–2019 (KILOTONS) 205
TABLE 279 IRAN: BASE OIL MARKET, BY APPLICATION, 2020–2025 (KILOTONS) 206
11.5.4 REST OF MIDDLE EAST & AFRICA 206
TABLE 280 REST OF MIDDLE EAST & AFRICA: BASE OIL MARKET, BY GROUP,
2016–2019 (USD MILLION) 206
TABLE 281 REST OF MIDDLE EAST & AFRICA: BASE OIL MARKET, BY GROUP,
2020–2025 (USD MILLION) 207
TABLE 282 REST OF MIDDLE EAST & AFRICA: BASE OIL MARKET, BY GROUP,
2016–2019 (KILOTONS) 207
TABLE 283 REST OF MIDDLE EAST & AFRICA: BASE OIL MARKET, BY GROUP,
2020–2025 (KILOTONS) 207
TABLE 284 REST OF MIDDLE EAST & AFRICA: BASE OIL MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 208
TABLE 285 REST OF MIDDLE EAST & AFRICA: BASE OIL MARKET, BY APPLICATION, 2020–2025 (USD MILLION) 208
TABLE 286 REST OF MIDDLE EAST & AFRICA: BASE OIL MARKET, BY APPLICATION, 2016–2019 (KILOTONS) 208
TABLE 287 REST OF MIDDLE EAST & AFRICA: BASE OIL MARKET, BY APPLICATION, 2020–2025 (KILOTONS) 209
11.6 SOUTH AMERICA 209
TABLE 288 SOUTH AMERICA: BASE OIL MARKET, BY COUNTRY,
2016–2019 (USD MILLION) 209
TABLE 289 SOUTH AMERICA: BASE OIL MARKET, BY COUNTRY,
2020–2025 (USD MILLION) 210
TABLE 290 SOUTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2016–2019 (KILOTONS) 210
TABLE 291 SOUTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2020–2025 (KILOTONS) 210
TABLE 292 SOUTH AMERICA: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 210
TABLE 293 SOUTH AMERICA: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 211
TABLE 294 SOUTH AMERICA: BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 211
TABLE 295 SOUTH AMERICA: BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 211
TABLE 296 SOUTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 212
TABLE 297 SOUTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 212
TABLE 298 SOUTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (KILOTONS) 212
TABLE 299 SOUTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (KILOTONS) 213
11.6.1 BRAZIL 213
11.6.1.1 HIGH DEMAND FOR GROUP I AND GROUP II BASE OILS DRIVES
THE MARKET GROWTH IN BRAZIL 213
TABLE 300 BRAZIL: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 213
TABLE 301 BRAZIL: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 214
TABLE 302 BRAZIL BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 214
TABLE 303 BRAZIL BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 214
TABLE 304 BRAZIL: BASE OIL MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 215
TABLE 305 BRAZIL: BASE OIL MARKET, BY APPLICATION, 2020–2025 (USD MILLION) 215
TABLE 306 BRAZIL BASE OIL MARKET, BY APPLICATION, 2016–2019 (KILOTONS) 215
TABLE 307 BRAZIL BASE OIL MARKET, BY APPLICATION, 2020–2025 (KILOTONS) 216
11.6.1.2 COVID-19 IMPACT ON BRAZIL 216
11.6.2 ARGENTINA 216
11.6.2.1 ARGENTINA WAS THE SECOND-LARGEST MARKET FOR BASE OIL IN SOUTH AMERICA IN 2018 216
TABLE 308 ARGENTINA: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 217
TABLE 309 ARGENTINA: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 217
TABLE 310 ARGENTINA: BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 217
TABLE 311 ARGENTINA: BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 218
TABLE 312 ARGENTINA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 218
TABLE 313 ARGENTINA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 218
TABLE 314 ARGENTINA: BASE OIL MARKET, BY APPLICATION, 2016–2019 (KILOTONS) 219
TABLE 315 ARGENTINA: BASE OIL MARKET, BY APPLICATION, 2020–2025 (KILOTONS) 219
11.6.2.2 COVID-19 IMPACT ON ARGENTINA 219
11.6.3 COLOMBIA 220
11.6.3.1 BASE OIL MARKET IN ARGENTINA DOMINATED BY THE GROUP II SEGMENT 220
TABLE 316 COLOMBIA: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 220
TABLE 317 COLOMBIA: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 220
TABLE 318 COLOMBIA: BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 221
TABLE 319 COLOMBIA: BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 221
TABLE 320 COLOMBIA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 221
TABLE 321 COLOMBIA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 222
TABLE 322 COLOMBIA: BASE OIL MARKET, BY APPLICATION, 2016–2019 (KILOTONS) 222
TABLE 323 COLOMBIA: BASE OIL MARKET, BY APPLICATION, 2020–2025 (KILOTONS) 222
11.6.4 REST OF SOUTH AMERICA 223
TABLE 324 REST OF SOUTH AMERICA: BASE OIL MARKET, BY GROUP,
2016–2019 (USD MILLION) 223
TABLE 325 REST OF SOUTH AMERICA: BASE OIL MARKET, BY GROUP,
2020–2025 (USD MILLION) 223
TABLE 326 REST OF SOUTH AMERICA: BASE OIL MARKET, BY GROUP,
2016–2019 (KILOTONS) 223
TABLE 327 REST OF SOUTH AMERICA: BASE OIL MARKET, BY GROUP,
2020–2025 (KILOTONS) 224
TABLE 328 REST OF SOUTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 224
TABLE 329 REST OF SOUTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 224
TABLE 330 REST OF SOUTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (KILOTONS) 225
TABLE 331 REST OF SOUTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (KILOTONS) 225
12 COMPETITIVE LANDSCAPE 226
12.1 OVERVIEW 226
FIGURE 32 COMPANIES ADOPTED BOTH ORGANIC AND INORGANIC GROWTH STRATEGIES BETWEEN 2016 AND NOVEMBER 2019 227
12.2 COMPETITIVE LANDSCAPE MAPPING, 2019 228
12.2.1 STAR 228
12.2.2 EMERGING LEADERS 228
12.2.3 PERVASIVE 228
12.2.4 PARTICIPANTS 228
FIGURE 33 BASE OIL MARKET (GLOBAL) COMPETITIVE LANDSCAPE MAPPING, 2019 229
12.3 COMPETITIVE LEADERSHIP MAPPING OF SME 229
12.3.1 PROGRESSIVE COMPANIES 229
12.3.2 RESPONSIVE COMPANIES 229
12.3.3 STARTING BLOCKS 230
12.3.4 DYNAMIC COMPANIES 230
FIGURE 34 COMPETITIVE LEADERSHIP MAPPING OF START-UPS, 2019 230
12.4 STRENGTH OF PRODUCT PORTFOLIO 231
FIGURE 35 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN BASE OIL MARKET 231
12.5 BUSINESS STRATEGY EXCELLENCE 232
FIGURE 36 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN BASE OIL MARKET 232
12.6 MARKET SHARE ANALYSIS 233
FIGURE 37 MAJOR MANUFACTURERS IN BASE OIL MARKET 233
12.6.1 REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS IN BASE OIL MARKET 233
12.7 COMPETITIVE SCENARIO 234
12.7.1 AGREEMENTS 234
TABLE 332 AGREEMENTS, 2016–2019 234
12.7.2 EXPANSIONS 236
TABLE 333 EXPANSIONS, 2016–2019 236
12.7.3 NEW PRODUCT LAUNCHES 237
TABLE 334 NEW PRODUCT LAUNCHES, 2016–2019 237
12.7.4 ACQUISITIONS 238
TABLE 335 ACQUISITIONS, 2016–2019 238
12.7.5 COLLABORATIONS 239
TABLE 336 COLLABORATIONS, 2016–2019 239
12.7.6 CONTRACTS 239
TABLE 337 CONTRACTS, 2016–2019 239
12.7.7 INVESTMENTS 240
TABLE 338 INVESTMENTS, 2016–2019 240
12.7.8 DIVESTMENTS 240
TABLE 339 DIVESTMENTS, 2016–2019 240
12.7.9 JOINT VENTURES 241
TABLE 340 JOINT VENTURES, 2016–2019 241
13 COMPANY PROFILES 242
(BUSINESS OVERVIEW, PRODUCTS OFFERED, RECENT DEVELOPMENTS, SWOT ANALYSIS, COVID-19 IMPACT ON COMPANY FINANCIALS, MNM VIEW)*
13.1 CHEVRON CORPORATION 242
FIGURE 38 CHEVRON CORPORATION: COMPANY SNAPSHOT 242
13.2 EXXON MOBIL CORPORATION 245
FIGURE 39 EXXON MOBIL CORPORATION: COMPANY SNAPSHOT 245
13.3 S-OIL CORPORATION 249
FIGURE 40 S-OIL CORPORATION: COMPANY SNAPSHOT 249
13.4 MOTIVA ENTERPRISES LLC 252
13.5 SK INNOVATION CO., LTD. 254
FIGURE 41 SK INNOVATION CO., LTD.: COMPANY SNAPSHOT 254
13.6 SAUDI ARAMCO 257
FIGURE 42 SAUDI ARAMCO.: COMPANY SNAPSHOT 257
13.7 HINDUSTAN PETROLEUM CORPORATION LIMITED 260
FIGURE 43 HINDUSTAN PETROLEUM CORPORATION LIMITED: COMPANY SNAPSHOT 260
13.8 ROYAL DUTCH SHELL PLC 261
FIGURE 44 ROYAL DUTCH SHELL PLC: COMPANY SNAPSHOT 261
13.9 NESTE OYJ 263
FIGURE 45 NESTE OYJ: COMPANY SNAPSHOT 263
13.10 AVISTA OIL AG 265
13.11 NYNAS AB 266
FIGURE 46 NYNAS AB: COMPANY SNAPSHOT 266
13.12 REPSOL S.A. 268
FIGURE 47 REPSOL S.A.: COMPANY SNAPSHOT 268
13.13 ERGON, INC. 270
13.14 CALUMET SPECIALTY PRODUCTS PARTNERS, L.P. 271
FIGURE 48 CALUMET SPECIALTY PRODUCTS PARTNERS, L.P.: COMPANY SNAPSHOT 271
13.15 H&R GROUP 273
FIGURE 49 H&R GROUP: COMPANY SNAPSHOT 273
13.16 SINOPEC CORP. 274
FIGURE 50 SINOPEC CORP.: COMPANY SNAPSHOT 274
13.17 PETROCHINA COMPANY LIMITED 276
FIGURE 51 PETROCHINA COMPANY LIMITED: COMPANY SNAPSHOT 276
13.18 ABU DHABI NATIONAL OIL COMPANY (ADNOC) 278
13.19 PT PERTAMINA (PERSERO) 280
FIGURE 52 PT PERTAMINA (PERSERO): COMPANY SNAPSHOT 280
13.20 PHILLIPS 66 282
FIGURE 53 PHILLIPS 66: COMPANY SNAPSHOT 282
13.21 PETROLIAM NASIONAL BERHAD (PETRONAS) 284
FIGURE 54 PETROLIAM NASIONAL BERHAD (PETRONAS): COMPANY SNAPSHOT 284
13.22 GRUPA LOTOS S.A. 286
FIGURE 55 GRUPA LOTOS S.A.: COMPANY SNAPSHOT 286
13.23 SEPAHAN OIL 288
13.24 GS CALTEX CORPORATION 289
13.25 OTHER COMPANIES 290
13.25.1 FORMOSA PETROCHEMICAL CO., LTD. 290
13.25.2 CHINA NATIONAL OFFSHORE OIL CORPORATION (CNOOC) 290
13.25.3 HENGLI PETROCHEMICAL CO., LTD. 290
13.25.4 HOLLYFRONTIER CORPORATION 291
13.25.5 PBF ENERGY INC. 291
13.25.6 ENI SPA 291
13.25.7 INEOS GROUP 292
13.25.8 SAN JOAQUIN REFINING CO. INC. 292
13.25.9 ROSNEFT 293
13.25.10 TUPRAS 293
13.25.11 HAINAN HANDI SUNSHINE PETROCHEMICAL CO., LTD. 294
13.25.12 CROSS OIL 294
13.25.13 OJSC NAFTAN 294
*DETAILS ON BUSINESS OVERVIEW, PRODUCTS OFFERED, RECENT DEVELOPMENTS, SWOT ANALYSIS, COVID-19 IMPACT ON COMPANY FINANCIALS, MNM VIEW MIGHT NOT BE CAPTURED IN CASE OF UNLISTED COMPANIES.
14 APPENDIX 295
14.1 DISCUSSION GUIDE 295
14.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 298
14.3 AVAILABLE CUSTOMIZATIONS 300
14.4 RELATED REPORTS 300
14.5 AUTHOR DETAILS 301
TABLE OF CONTENTS
1 INTRODUCTION 37
1.1 OBJECTIVES OF THE STUDY 37
1.2 MARKET DEFINITION 37
1.2.1 INCLUSIONS & EXCLUSIONS 38
TABLE 1 BASE OIL MARKET: INCLUSIONS & EXCLUSIONS 38
1.3 SCOPE OF THE STUDY 38
1.3.1 MARKETS COVERED 38
1.3.2 REGIONAL SCOPE 39
1.3.3 YEARS CONSIDERED FOR THE STUDY 39
1.4 CURRENCY CONSIDERED 40
1.4.1 PACKAGE SIZE 40
1.5 STAKEHOLDERS 40
2 RESEARCH METHODOLOGY 41
2.1 RESEARCH DATA 41
FIGURE 1 BASE OIL MARKET: RESEARCH DESIGN 41
2.1.1 SECONDARY DATA 42
2.1.1.1 KEY SECONDARY SOURCES 42
2.1.2 PRIMARY DATA 43
2.1.2.1 KEY DATA FROM PRIMARY SOURCES 43
2.1.2.2 KEY INDUSTRY INSIGHTS 43
2.1.2.3 BREAKDOWN OF PRIMARY INTERVIEWS 44
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY,
DESIGNATION, AND REGION 44
2.2 MARKET SIZE ESTIMATION 44
2.2.1 PRIMARY AND SECONDARY RESEARCH 45
FIGURE 3 MARKET SIZE ESTIMATION 45
FIGURE 4 MARKET SIZE CALCULATION, BY APPLICATION 46
FIGURE 5 MARKET SIZE CALCULATION, BY GROUP 46
FIGURE 6 FORECAST NUMBER CALCULATION 47
2.3 MARKET SIZE ESTIMATION 47
FIGURE 7 BOTTOM-UP APPROACH 47
FIGURE 8 TOP-DOWN APPROACH 48
2.4 DATA TRIANGULATION 48
FIGURE 9 DATA TRIANGULATION 49
2.5 RESEARCH ASSUMPTIONS 49
2.6 LIMITATIONS 50
3 EXECUTIVE SUMMARY 51
4 PREMIUM INSIGHTS 55
4.1 ATTRACTIVE OPPORTUNITIES IN BASE OIL MARKET 55
FIGURE 13 BASE OIL MARKET IS PROJECTED TO WITNESS SLUGGISH GROWTH
DURING FORECAST PERIOD 55
4.2 ASIA PACIFIC BASE OIL MARKET, BY GROUP & COUNTRY 56
FIGURE 14 GROUP II AND CHINA ESTIMATED TO DOMINATE ASIA PACIFIC BASE OIL MARKET IN 2020 (KILOTON) 56
4.3 BASE OIL MARKET, BY GROUP 57
FIGURE 15 GROUP II SEGMENT PROJECTED TO LEAD BASE OIL MARKET DURING FORECAST PERIOD 57
4.4 BASE OIL MARKET, BY APPLICATION 57
FIGURE 16 AUTOMOTIVE OIL TO DOMINATE BASE OIL MARKET DURING FORECAST PERIOD (KILO TONS) 57
4.5 BASE OIL MARKET GROWTH 58
FIGURE 17 BASE OIL MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD (KILOTON) 58
5 BASE OIL PATENT ANALYSIS 59
FIGURE 18 PUBLICATION TRENDS - LAST 5 YEARS 59
5.1 INSIGHT 60
FIGURE 19 GEOGRAPHICAL REPRESENTATION 60
FIGURE 20 TOP ASSIGNEES 60
6 MARKET OVERVIEW 62
6.1 INTRODUCTION 62
6.2 MARKET SEGMENTATION 62
TABLE 3 BASE OIL MARKET, BY GROUP 62
TABLE 4 BASE OIL MARKET, BY TYPE 63
TABLE 5 BASE OIL MARKET, BY APPLICATION 63
FIGURE 21 BASE OIL MARKET, BY REGION 64
6.3 MARKET DYNAMICS 64
FIGURE 22 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF
THE BASE OIL MARKET 64
6.3.1 DRIVERS 65
6.3.1.1 INCREASING DEMAND FOR HIGH-GRADE OILS IN THE AUTOMOTIVE INDUSTRY 65
6.3.1.2 GROWING GDP IN ASIA PACIFIC LED BY INCREASING INDUSTRIAL ACTIVITIES 66
TABLE 6 INDUSTRIAL GROWTH RATE OF DEVELOPING COUNTRIES
IN ASIA PACIFIC (2018) 66
TABLE 7 GDP GROWTH OF DEVELOPING COUNTRIES IN ASIA PACIFIC 66
6.3.2 RESTRAINTS 67
6.3.2.1 DECLINING DEMAND FOR GROUP I BASE OIL 67
6.3.3 OPPORTUNITIES 67
6.3.3.1 LUCRATIVE MARKET OPPORTUNITIES FROM BRIC COUNTRIES 67
TABLE 8 BRIC COUNTRIES ACCOUNTED FOR 22% OF THE TOTAL VEHICLES
ON ROAD IN 2015 67
6.3.3.2 GROWING DEMAND FOR RENEWABLE ENERGY 67
6.3.4 CHALLENGES 68
6.3.4.1 FLUCTUATING PRICES OF CRUDE OIL 68
6.3.4.2 GROWTH IN DEMAND FOR HYBRID VEHICLES AND INCREASING BATTERY
PRICE PARITY 68
6.4 TRADE DATA STATISTICS 69
6.5 PORTER’S FIVE FORCES ANALYSIS 71
FIGURE 23 BASE OIL MARKET: PORTER’S FIVE FORCES ANALYSIS 71
6.5.1 BARGAINING POWER OF SUPPLIERS 72
6.5.2 BARGAINING POWER OF BUYERS 72
6.5.3 THREAT OF SUBSTITUTES 72
6.5.4 THREAT OF NEW ENTRANTS 72
6.5.5 INTENSITY OF COMPETITIVE RIVALRY 72
6.6 INDUSTRY OUTLOOK 73
6.6.1 AUTOMOTIVE INDUSTRY 73
TABLE 9 SALE OF NEW VEHICLES IN KEY COUNTRIES OF APAC, 2018 (UNITS) 73
TABLE 10 SALE OF NEW VEHICLES IN KEY COUNTRIES OF NORTH AMERICA,
2018 (UNITS) 73
TABLE 11 SALE OF NEW VEHICLE IN KEY COUNTRIES OF EUROPE, 2018 (UNITS) 73
TABLE 12 SALE OF NEW VEHICLES IN KEY COUNTRIES OF SOUTH AMERICA,
2018 (UNITS) 73
TABLE 13 SALE OF NEW VEHICLES IN KEY COUNTRIES OF MIDDLE EAST
& AFRICA, 2018 (UNITS) 74
6.7 VALUE CHAIN ANALYSIS 74
6.8 ECOSYSTEM/MARKET MAP 74
6.8.1 CASE STUDY 75
7 RE-REFINED BASE OIL MARKET 76
7.1 INTRODUCTION 76
7.2 TECHNOLOGY FOR RE-REFINED BASE OIL 76
FIGURE 24 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF
THE BASE OIL MARKET 77
7.3 REGIONAL ANALYSIS 78
7.3.1 NORTH AMERICA 78
FIGURE 25 RE-REFINED BASE OIL CAPACITY, BY REGION (2014) 78
TABLE 14 CAPACITY OF MAJOR RE-REFINING OIL COMPANIES, BY REGION,
2014 (METRIC TONS) 79
7.3.2 EUROPE 79
8 BASE OIL MARKET, BY TYPE 80
8.1 INTRODUCTION 80
8.2 MINERAL OIL 80
8.2.1 GROWING EMPHASIS ON PREMIUM GRADE PRODUCTS TO AFFECT
THE MARKET FOR MINERAL GRADE BASE OIL 80
8.3 SYNTHETIC OIL 81
8.3.1 HIGH FUEL EFFICIENCY TO DRIVE THE MARKET FOR SYNTHETIC OIL 81
8.4 BIO-BASED OIL 82
8.4.1 ENVIRONMENT-FRIENDLY NATURE OF BIO-BASED LUBRICANTS
TO INCREASE THEIR CONSUMPTION 82
9 BASE OIL MARKET, BY GROUP 83
9.1 INTRODUCTION 84
FIGURE 26 GROUP II SEGMENT PROJECTED TO LEAD BASE OIL MARKET
DURING FORECAST PERIOD 84
TABLE 15 BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 84
TABLE 16 BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 85
TABLE 17 BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 85
TABLE 18 BASE OIL MARKET SIZE, BY GROUP, 2020-2025 (KILOTONS) 85
9.2 GROUP I 86
9.2.1 HIGH SULFUR AND AROMATICS CONTENT PROJECTED TO AFFECT
THE DEMAND FOR GROUP I BASE OIL 86
TABLE 19 GROUP I BASE OIL MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 86
TABLE 20 GROUP I BASE OIL MARKET SIZE, BY REGION, 2020–2025 (USD MILLION) 86
TABLE 21 GROUP I BASE OIL MARKET SIZE, BY REGION, 2016–2019 (KILOTONS) 87
TABLE 22 GROUP I BASE OIL MARKET SIZE, BY REGION, 2020–2025 (KILOTONS) 87
9.3 GROUP II 88
9.3.1 RISING DEMAND FROM AUTOMOTIVE LUBRICANTS DRIVES THE
MARKET FOR GROUP II BASE OIL 88
TABLE 23 GROUP II BASE OIL MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 88
TABLE 24 GROUP II BASE OIL MARKET SIZE, BY REGION, 2020–2025 (USD MILLION) 88
TABLE 25 GROUP II BASE OIL MARKET SIZE, BY REGION, 2016–2019 (KILOTONS) 89
TABLE 26 GROUP II BASE OIL MARKET SIZE, BY REGION, 2020–2025 (KILOTONS) 89
9.4 GROUP III 89
9.4.1 INCLINATION TOWARD FUEL-EFFICIENT LUBRICANTS PROPELS THE
DEMAND FOR GROUP III BASE OIL 89
TABLE 27 GROUP III BASE OIL MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 90
TABLE 28 GROUP III BASE OIL MARKET SIZE, BY REGION, 2020–2025 (USD MILLION) 90
TABLE 29 GROUP III BASE OIL MARKET SIZE, BY REGION, 2016–2019 (KILOTONS) 91
TABLE 30 GROUP III BASE OIL MARKET SIZE, BY REGION, 2020–2025 (KILOTONS) 91
9.5 GROUP IV 91
9.5.1 HIGH VISCOSITY INDEX CONTRIBUTES TO THE GROWTH OF GROUP
IV BASE OIL 91
TABLE 31 GROUP IV BASE OIL MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 92
TABLE 32 GROUP IV BASE OIL MARKET SIZE, BY REGION, 2020–2025 (USD MILLION) 92
TABLE 33 GROUP IV BASE OIL MARKET SIZE, BY REGION, 2016–2019 (KILOTONS) 92
TABLE 34 GROUP IV BASE OIL MARKET SIZE, BY REGION, 2020–2025 (KILOTONS) 93
9.6 GROUP V 93
9.6.1 ESTERS ARE WIDELY USED IN GROUP V BASE OIL MANUFACTURING 93
TABLE 35 GROUP V BASE OIL MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 93
TABLE 36 GROUP V BASE OIL MARKET SIZE, BY REGION, 2020–2025 (USD MILLION) 94
TABLE 37 GROUP V BASE OIL MARKET SIZE, BY REGION, 2016–2019 (KILOTONS) 94
TABLE 38 GROUP V BASE OIL MARKET SIZE, BY REGION, 2020–2025 (KILOTONS) 94
10 BASE OIL MARKET, BY APPLICATION 95
10.1 INTRODUCTION 96
FIGURE 27 AUTOMOTIVE OIL PROJECTED TO LEAD BASE OIL MARKET DURING
FORECAST PERIOD 96
TABLE 39 BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION) 96
TABLE 40 BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION) 97
TABLE 41 BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTONS) 97
TABLE 42 BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (KILOTONS) 97
10.2 AUTOMOTIVE OIL 98
10.2.1 ASIA PACIFIC IS THE LARGEST CONSUMER OF AUTOMOTIVE OIL GLOBALLY 98
TABLE 43 BASE OIL MARKET SIZE IN AUTOMOTIVE OIL, BY REGION,
2016–2020 (USD MILLION) 98
TABLE 44 BASE OIL MARKET SIZE IN AUTOMOTIVE OIL, BY REGION,
2020–2025 (USD MILLION) 99
TABLE 45 BASE OIL MARKET SIZE IN AUTOMOTIVE OIL, BY REGION,
2016–2019 (KILOTONS) 99
TABLE 46 BASE OIL MARKET SIZE IN AUTOMOTIVE OIL, BY REGION,
2020–2025 (KILOTONS) 99
10.2.1.1 COVID-19 IMPACT ON AUTOMOTIVE 100
10.3 INDUSTRIAL OIL 100
10.3.1 GROWING INDUSTRIALIZATION TO DRIVE THE MARKET FOR INDUSTRIAL OIL 100
TABLE 47 BASE OIL MARKET SIZE IN INDUSTRIAL OIL, BY REGION,
2016–2019 (USD MILLION) 101
TABLE 48 BASE OIL MARKET SIZE IN INDUSTRIAL OIL, BY REGION,
2020–2025 (USD MILLION) 101
TABLE 49 BASE OIL MARKET SIZE IN INDUSTRIAL OIL, BY REGION,
2016–2019 (KILOTONS) 102
TABLE 50 BASE OIL MARKET SIZE IN INDUSTRIAL OIL, BY REGION,
2020–2025 (KILOTONS) 102
10.3.1.1 COVID-19 IMPACT ON INDUSTRIAL OIL 102
10.4 METALWORKING FLUID 103
10.4.1 GROWING METAL & MINING INDUSTRY TO DRIVE THE METALWORKING
FLUID MARKET 103
TABLE 51 BASE OIL MARKET SIZE IN METALWORKING FLUID, BY REGION,
2016–2019 (USD MILLION) 103
TABLE 52 BASE OIL MARKET SIZE IN METALWORKING FLUID, BY REGION,
2020–2025 (USD MILLION) 104
TABLE 53 BASE OIL MARKET SIZE IN METALWORKING FLUID, BY REGION,
2016–2019 (KILOTONS) 104
TABLE 54 BASE OIL MARKET SIZE IN METALWORKING FLUID, BY REGION,
2020–2025 (KILOTONS) 104
10.4.1.1 COVID-19 IMPACT ON METALWORKING FLUID 105
10.5 HYDRAULIC OIL 106
10.5.1 DEMAND FOR HYDRAULIC OILS ESTIMATED TO BE LARGELY DRIVEN
BY DEVELOPING COUNTRIES OF ASIA PACIFIC, THE MIDDLE EAST
& AFRICA, AND SOUTH AMERICA 106
TABLE 55 BASE OIL MARKET SIZE IN HYDRAULIC OIL, BY REGION,
2016–2019 (USD MILLION) 106
TABLE 56 BASE OIL MARKET SIZE IN HYDRAULIC OIL, BY REGION,
2020–2025 (USD MILLION) 107
TABLE 57 BASE OIL MARKET SIZE IN HYDRAULIC OIL, BY REGION,
2016–2019 (KILOTONS) 107
TABLE 58 BASE OIL MARKET SIZE IN HYDRAULIC OIL, BY REGION,
2020–2025 (KILOTONS) 107
10.5.1.1 COVID-19 IMPACT ON HYDRAULIC OIL 108
10.6 GREASE 108
10.6.1 MINING, CONSTRUCTION, AND TRANSPORTATION SECTORS
ARE MAJOR CONSUMERS OF GREASE 108
TABLE 59 BASE OIL MARKET SIZE IN GREASE, BY REGION, 2016–2019 (USD MILLION) 109
TABLE 60 BASE OIL MARKET SIZE IN GREASE, BY REGION, 2020–2025 (USD MILLION) 109
TABLE 61 BASE OIL MARKET SIZE IN GREASE, BY REGION, 2016–2019 (KILOTONS) 109
TABLE 62 BASE OIL MARKET SIZE IN GREASE, BY REGION, 2020–2025 (KILOTONS) 110
10.6.1.1 COVID-19 IMPACT ON GREASE 110
10.7 OTHERS 110
TABLE 63 BASE OIL MARKET SIZE IN OTHERS, BY REGION, 2016–2019 (USD MILLION) 111
TABLE 64 BASE OIL MARKET SIZE IN OTHERS, BY REGION, 2020–2025 (USD MILLION) 111
TABLE 65 BASE OIL MARKET SIZE IN OTHERS, BY REGION, 2016–2019 (KILOTONS) 111
TABLE 66 BASE OIL MARKET SIZE IN OTHERS, BY REGION, 2020–2025 (KILOTONS) 112
11 BASE OIL MARKET, BY REGION 113
11.1 INTRODUCTION 114
FIGURE 28 ASIA PACIFIC TO BE LARGEST MARKET FOR BASE OIL DURING
FORECAST PERIOD 114
TABLE 67 BASE OIL MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 114
TABLE 68 BASE OIL MARKET SIZE, BY REGION, 2020–2025 (USD MILLION) 115
TABLE 69 BASE OIL MARKET SIZE, BY REGION, 2016–2019 (KILOTONS) 115
TABLE 70 BASE OIL MARKET SIZE, BY REGION, 2020–2025 (KILOTONS) 115
11.2 ASIA PACIFIC 116
FIGURE 29 ASIA PACIFIC: BASE OIL MARKET SNAPSHOT 117
TABLE 71 ASIA PACIFIC: BASE OIL MARKET SIZE, BY COUNTRY,
2016–2019 (USD MILLION) 118
TABLE 72 ASIA PACIFIC: BASE OIL MARKET SIZE, BY COUNTRY,
2020–2025 (USD MILLION) 118
TABLE 73 ASIA PACIFIC: BASE OIL MARKET SIZE, BY COUNTRY,
2016–2019 (KILOTONS) 118
TABLE 74 ASIA PACIFIC: BASE OIL MARKET SIZE, BY COUNTRY,
2020–2025 (KILOTONS) 119
TABLE 75 ASIA PACIFIC: BASE OIL MARKET SIZE, BY GROUP,
2016–2019 (USD MILLION) 119
TABLE 76 ASIA PACIFIC: BASE OIL MARKET SIZE, BY GROUP,
2020–2025 (USD MILLION) 119
TABLE 77 ASIA PACIFIC: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 120
TABLE 78 ASIA PACIFIC: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 120
TABLE 79 ASIA PACIFIC: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 120
TABLE 80 ASIA PACIFIC: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 121
TABLE 81 ASIA PACIFIC: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTONS) 121
TABLE 82 ASIA PACIFIC: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (KILOTONS) 121
11.2.1 CHINA 122
11.2.1.1 INCREASING POPULATION DRIVES THE DEMAND FOR BASE OIL IN CHINA 122
TABLE 83 CHINA: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 122
TABLE 84 CHINA: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 122
TABLE 85 CHINA: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 123
TABLE 86 CHINA: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 123
TABLE 87 CHINA: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 123
TABLE 88 CHINA: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 124
TABLE 89 CHINA: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTONS) 124
TABLE 90 CHINA: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (KILOTONS) 124
11.2.1.2 COVID-19 IMPACT ON CHINA 125
11.2.2 JAPAN 125
11.2.2.1 GROWING AUTOMOTIVE PRODUCTION TO FUEL THE BASE OIL MARKET IN JAPAN 125
TABLE 91 JAPAN: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 126
TABLE 92 JAPAN: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 126
TABLE 93 JAPAN: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 126
TABLE 94 JAPAN: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 127
TABLE 95 JAPAN: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 127
TABLE 96 JAPAN: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 127
TABLE 97 JAPAN: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTONS) 128
TABLE 98 JAPAN: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (KILOTONS) 128
11.2.2.2 COVID-19 IMPACT ON JAPAN 128
11.2.3 INDIA 129
11.2.3.1 RAPID URBANIZATION AND GROWING POPULATION TO BOOST THE DEMAND
FOR BASE OIL IN INDIA 129
TABLE 99 INDIA: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 129
TABLE 100 INDIA: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 129
TABLE 101 INDIA: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 130
TABLE 102 INDIA: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 130
TABLE 103 INDIA: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION) 130
TABLE 104 INDIA: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION) 131
TABLE 105 INDIA: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTONS) 131
TABLE 106 INDIA: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (KILOTONS) 131
11.2.3.2 COVID-19 IMPACT ON INDIA 132
11.2.4 SOUTH KOREA 132
11.2.4.1 GROWING INDUSTRIAL DEVELOPMENT TO GENERATE A POSITIVE IMPACT
ON THE BASE OIL MARKET IN SOUTH KOREA 132
TABLE 107 SOUTH KOREA: BASE OIL MARKET SIZE, BY GROUP,
2016–2019 (USD MILLION) 133
TABLE 108 SOUTH KOREA: BASE OIL MARKET SIZE, BY GROUP,
2020–2025 (USD MILLION) 133
TABLE 109 SOUTH KOREA: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 133
TABLE 110 SOUTH KOREA: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 134
TABLE 111 SOUTH KOREA: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 134
TABLE 112 SOUTH KOREA: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 134
TABLE 113 SOUTH KOREA: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTONS) 135
TABLE 114 SOUTH KOREA: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (KILOTONS) 135
11.2.4.2 COVID-19 IMPACT ON SOUTH KOREA 135
11.2.5 INDONESIA 136
11.2.5.1 RISING OIL PRODUCTION TO SPUR THE DEMAND FOR BASE OIL IN INDONESIA 136
TABLE 115 INDONESIA: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 136
TABLE 116 INDONESIA: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 136
TABLE 117 INDONESIA: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 137
TABLE 118 INDONESIA: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 137
TABLE 119 INDONESIA: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 137
TABLE 120 INDONESIA: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 138
TABLE 121 INDONESIA: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTONS) 138
TABLE 122 INDONESIA: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (KILOTONS) 138
11.2.5.2 COVID-19 IMPACT ON INDONESIA 139
11.2.6 THAILAND 139
11.2.6.1 RISING PRODUCTION OF AUTOMOTIVE PARTS TO DRIVE THE DEMAND FOR
BASE OIL IN THAILAND 139
TABLE 123 THAILAND: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 140
TABLE 124 THAILAND: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 140
TABLE 125 THAILAND: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 140
TABLE 126 THAILAND: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 141
TABLE 127 THAILAND: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 141
TABLE 128 THAILAND: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 141
TABLE 129 THAILAND: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTONS) 142
TABLE 130 THAILAND: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (KILOTONS) 142
11.2.6.2 COVID-19 IMPACT ON THAILAND 142
11.2.7 REST OF ASIA PACIFIC 143
TABLE 131 REST OF ASIA PACIFIC: BASE OIL MARKET SIZE, BY GROUP,
2016–2019 (USD MILLION) 143
TABLE 132 REST OF ASIA PACIFIC: BASE OIL MARKET SIZE, BY GROUP,
2020–2025 (USD MILLION) 143
TABLE 133 REST OF ASIA PACIFIC: BASE OIL MARKET SIZE, BY GROUP,
2016–2019 (KILOTONS) 143
TABLE 134 REST OF ASIA PACIFIC: BASE OIL MARKET SIZE, BY GROUP,
2020–2025 (KILOTONS) 144
TABLE 135 REST OF ASIA PACIFIC: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 144
TABLE 136 REST OF ASIA PACIFIC: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 144
TABLE 137 REST OF ASIA PACIFIC: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTONS) 145
TABLE 138 REST OF ASIA PACIFIC: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (KILOTONS) 145
11.2.7.1 COVID-19 IMPACT ON REST OF ASIA PACIFIC 145
11.3 EUROPE 146
FIGURE 30 EUROPE: BASE OIL MARKET SNAPSHOT 147
TABLE 139 EUROPE: BASE OIL MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION) 148
TABLE 140 EUROPE: BASE OIL MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION) 148
TABLE 141 EUROPE: BASE OIL MARKET SIZE, BY COUNTRY, 2016–2019 (KILOTONS) 148
TABLE 142 EUROPE: BASE OIL MARKET SIZE, BY COUNTRY, 2020–2025 (KILOTONS) 149
TABLE 143 EUROPE: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 149
TABLE 144 EUROPE: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 150
TABLE 145 EUROPE: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 150
TABLE 146 EUROPE: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 150
TABLE 147 EUROPE: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 151
TABLE 148 EUROPE: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 151
TABLE 149 EUROPE: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTONS) 151
TABLE 150 EUROPE: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (KILOTONS) 152
11.3.1 RUSSIA 152
11.3.1.1 RUSSIA DOMINATED THE EUROPEAN BASE OIL MARKET IN 2019 152
TABLE 151 RUSSIA: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 153
TABLE 152 RUSSIA: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 153
TABLE 153 RUSSIA: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 153
TABLE 154 RUSSIA: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 154
TABLE 155 RUSSIA: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 154
TABLE 156 RUSSIA: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 154
TABLE 157 RUSSIA: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTONS) 155
TABLE 158 RUSSIA: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (KILOTONS) 155
11.3.1.2 COVID-19 IMPACT ON RUSSIA 155
11.3.2 GERMANY 156
11.3.2.1 BASE OIL MARKET MAJORLY DRIVEN BY THE AUTOMOBILE INDUSTRY IN GERMANY 156
TABLE 159 GERMANY: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 156
TABLE 160 GERMANY: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 156
TABLE 161 GERMANY: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 157
TABLE 162 GERMANY: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 157
TABLE 163 GERMANY: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 157
TABLE 164 GERMANY: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 158
TABLE 165 GERMANY: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTONS) 158
TABLE 166 GERMANY: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (KILOTONS) 158
11.3.2.2 COVID-19 IMPACT ON GERMANY 159
11.3.3 FRANCE 159
11.3.3.1 PRESENCE OF MAJOR BASE OIL MANUFACTURING COMPANIES SUPPORTS
THE MARKET GROWTH IN FRANCE 159
TABLE 167 FRANCE: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 159
TABLE 168 FRANCE: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 160
TABLE 169 FRANCE: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 160
TABLE 170 FRANCE: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 160
TABLE 171 FRANCE: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 161
TABLE 172 FRANCE: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 161
TABLE 173 FRANCE: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTONS) 161
TABLE 174 FRANCE: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (KILOTONS) 162
11.3.3.2 COVID-19 IMPACT ON FRANCE 162
11.3.4 ITALY 163
11.3.4.1 GROUP I ACCOUNTED FOR THE LARGEST SHARE OF THE BASE OIL MARKET
IN ITALY IN 2018 163
TABLE 175 ITALY: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 163
TABLE 176 ITALY: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 163
TABLE 177 ITALY: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 164
TABLE 178 ITALY: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 164
TABLE 179 ITALY: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION) 164
TABLE 180 ITALY: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION) 165
TABLE 181 ITALY: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTONS) 165
TABLE 182 ITALY: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (KILOTONS) 165
11.3.4.2 COVID-19 IMPACT ON ITALY 166
11.3.5 UK 166
11.3.5.1 THE UK IS THE FIFTH-LARGEST CONSUMER OF BASE OIL IN EUROPE 166
TABLE 183 UK: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 166
TABLE 184 UK: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 167
TABLE 185 UK: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 167
TABLE 186 UK: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 167
TABLE 187 UK: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION) 168
TABLE 188 UK: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION) 168
TABLE 189 UK: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTONS) 168
TABLE 190 UK: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (KILOTONS) 169
11.3.5.2 COVID-19 IMPACT ON THE UK 169
11.3.6 SPAIN 169
11.3.6.1 AUTOMOTIVE OIL SEGMENT ACCOUNTED FOR THE LARGEST SHARE OF THE
BASE OIL MARKET IN SPAIN IN 2018 169
TABLE 191 SPAIN: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (USD MILLION) 170
TABLE 192 SPAIN: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (USD MILLION) 170
TABLE 193 SPAIN: BASE OIL MARKET SIZE, BY GROUP, 2016–2019 (KILOTONS) 170
TABLE 194 SPAIN: BASE OIL MARKET SIZE, BY GROUP, 2020–2025 (KILOTONS) 171
TABLE 195 SPAIN: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 171
TABLE 196 SPAIN: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 171
TABLE 197 SPAIN: BASE OIL MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTONS) 172
TABLE 198 SPAIN: BASE OIL MARKET SIZE, BY APPLICATION, 2020–2025 (KILOTONS) 172
11.3.6.2 COVID-19 IMPACT ON SPAIN 172
11.3.7 REST OF EUROPE 173
TABLE 199 REST OF EUROPE: BASE OIL MARKET SIZE, BY GROUP,
2016–2019 (USD MILLION) 173
TABLE 200 REST OF EUROPE: BASE OIL MARKET SIZE, BY GROUP,
2020–2025 (USD MILLION) 173
TABLE 201 REST OF EUROPE: BASE OIL MARKET SIZE, BY GROUP,
2016–2019 (KILOTONS) 173
TABLE 202 REST OF EUROPE: BASE OIL MARKET SIZE, BY GROUP,
2020–2025 (KILOTONS) 174
TABLE 203 REST OF EUROPE: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 174
TABLE 204 REST OF EUROPE: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 174
TABLE 205 REST OF EUROPE: BASE OIL MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTONS) 175
TABLE 206 REST OF EUROPE: BASE OIL MARKET SIZE, BY APPLICATION,
2020–2025 (KILOTONS) 175
11.4 NORTH AMERICA 175
TABLE 207 BASE OIL PRODUCTION CAPACITY OF 10 MAJOR PLAYERS IN
NORTH AMERICA, 2018–2019 (KILOTONS) 176
FIGURE 31 NORTH AMERICA: BASE OIL MARKET SNAPSHOT 177
TABLE 208 NORTH AMERICA: BASE OIL MARKET, BY COUNTRY,
2016–2019 (USD MILLION) 177
TABLE 209 NORTH AMERICA: BASE OIL MARKET, BY COUNTRY,
2020–2025 (USD MILLION) 178
TABLE 210 NORTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2016–2019 (KILOTONS) 178
TABLE 211 NORTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2020–2025 (KILOTONS) 178
TABLE 212 NORTH AMERICA: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 178
TABLE 213 NORTH AMERICA: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 179
TABLE 214 NORTH AMERICA: BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 179
TABLE 215 NORTH AMERICA: BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 179
TABLE 216 NORTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 180
TABLE 217 NORTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 180
TABLE 218 NORTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (KILOTONS) 180
TABLE 219 NORTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (KILOTONS) 181
11.4.1 US 181
11.4.1.1 RISING DEMAND FOR GROUP II AND GROUP II+ BASE OILS TO DRIVE
THE BASE OIL MARKET IN THE US 181
TABLE 220 US: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 182
TABLE 221 US: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 182
TABLE 222 US: BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 182
TABLE 223 US: BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 183
TABLE 224 US: BASE OIL MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 183
TABLE 225 US: BASE OIL MARKET, BY APPLICATION, 2020–2025 (USD MILLION) 183
TABLE 226 US: BASE OIL MARKET, BY APPLICATION, 2016–2019 (KILOTONS) 184
TABLE 227 US: BASE OIL MARKET, BY APPLICATION, 2020–2025 (KILOTONS) 184
11.4.1.2 COVID-19 IMPACT ON THE US 184
11.4.2 CANADA 185
11.4.2.1 CANADA IS THE SECOND-LARGEST MARKET FOR BASE OIL IN THE NORTH AMERICAN REGION 185
TABLE 228 CANADA: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 185
TABLE 229 CANADA: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 186
TABLE 230 CANADA: BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 186
TABLE 231 CANADA: BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 186
TABLE 232 CANADA: BASE OIL MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 187
TABLE 233 CANADA: BASE OIL MARKET, BY APPLICATION, 2020–2025 (USD MILLION) 187
TABLE 234 CANADA: BASE OIL MARKET, BY APPLICATION, 2016–2019 (KILOTONS) 187
TABLE 235 CANADA: BASE OIL MARKET, BY APPLICATION, 2020–2025 (KILOTONS) 188
11.4.2.2 COVID-19 IMPACT ON CANADA 188
11.4.3 MEXICO 189
11.4.3.1 GROWTH IN POWER GENERATION, OIL & GAS, AND MANUFACTURING SECTORS DRIVES THE BASE OIL MARKET IN MEXICO 189
TABLE 236 MEXICO: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 189
TABLE 237 MEXICO: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 189
TABLE 238 MEXICO: BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 190
TABLE 239 MEXICO: BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 190
TABLE 240 MEXICO: BASE OIL MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 190
TABLE 241 MEXICO: BASE OIL MARKET, BY APPLICATION, 2020–2025 (USD MILLION) 191
TABLE 242 MEXICO: BASE OIL MARKET, BY APPLICATION, 2016–2019 (KILOTONS) 191
TABLE 243 MEXICO: BASE OIL MARKET, BY APPLICATION, 2020–2025 (KILOTONS) 191
11.4.3.2 COVID-19 IMPACT ON MEXICO 192
11.5 MIDDLE EAST & AFRICA 192
TABLE 244 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY COUNTRY,
2016–2019 (USD MILLION) 193
TABLE 245 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY COUNTRY,
2020–2025 (USD MILLION) 193
TABLE 246 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY COUNTRY,
2016–2019 (KILOTONS) 193
TABLE 247 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY COUNTRY,
2020–2025 (KILOTONS) 193
TABLE 248 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY GROUP,
2016–2019 (USD MILLION) 194
TABLE 249 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY GROUP,
2020–2025 (USD MILLION) 194
TABLE 250 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY GROUP,
2016–2019 (KILOTONS) 194
TABLE 251 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY GROUP,
2020–2025 (KILOTONS) 195
TABLE 252 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 195
TABLE 253 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 196
TABLE 254 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (KILOTONS) 196
TABLE 255 MIDDLE EAST & AFRICA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (KILOTONS) 196
11.5.1 SAUDI ARABIA 197
11.5.1.1 SAUDI ARABIA DOMINATED THE MIDDLE EAST & AFRICA BASE
OIL MARKET IN 2018 197
TABLE 256 SAUDI ARABIA: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 197
TABLE 257 SAUDI ARABIA: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 197
TABLE 258 SAUDI ARABIA: BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 198
TABLE 259 SAUDI ARABIA: BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 198
TABLE 260 SAUDI ARABIA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 198
TABLE 261 SAUDI ARABIA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 199
TABLE 262 SAUDI ARABIA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (KILOTONS) 199
TABLE 263 SAUDI ARABIA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (KILOTONS) 199
11.5.1.2 COVID-19 IMPACT ON SAUDI ARABIA 200
11.5.2 TURKEY 200
11.5.2.1 GROUP II ACCOUNTED FOR THE LARGEST MARKET SHARE IN TURKEY,
BASED ON GROUP, IN 2018 200
TABLE 264 TURKEY: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 200
TABLE 265 TURKEY: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 201
TABLE 266 TURKEY: BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 201
TABLE 267 TURKEY: BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 201
TABLE 268 TURKEY: BASE OIL MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 202
TABLE 269 TURKEY: BASE OIL MARKET, BY APPLICATION, 2020–2025 (USD MILLION) 202
TABLE 270 TURKEY: BASE OIL MARKET, BY APPLICATION, 2016–2019 (KILOTONS) 202
TABLE 271 TURKEY: BASE OIL MARKET, BY APPLICATION, 2020–2025 (KILOTONS) 203
11.5.3 IRAN 203
11.5.3.1 HIGH DEMAND FROM THE AUTOMOTIVE OIL SEGMENT DRIVES THE
BASE OIL MARKET GROWTH IN IRAN 203
TABLE 272 IRAN: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 203
TABLE 273 IRAN: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 204
TABLE 274 IRAN: BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 204
TABLE 275 IRAN: BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 204
TABLE 276 IRAN: BASE OIL MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 205
TABLE 277 IRAN: BASE OIL MARKET, BY APPLICATION, 2020–2025 (USD MILLION) 205
TABLE 278 IRAN: BASE OIL MARKET, BY APPLICATION, 2016–2019 (KILOTONS) 205
TABLE 279 IRAN: BASE OIL MARKET, BY APPLICATION, 2020–2025 (KILOTONS) 206
11.5.4 REST OF MIDDLE EAST & AFRICA 206
TABLE 280 REST OF MIDDLE EAST & AFRICA: BASE OIL MARKET, BY GROUP,
2016–2019 (USD MILLION) 206
TABLE 281 REST OF MIDDLE EAST & AFRICA: BASE OIL MARKET, BY GROUP,
2020–2025 (USD MILLION) 207
TABLE 282 REST OF MIDDLE EAST & AFRICA: BASE OIL MARKET, BY GROUP,
2016–2019 (KILOTONS) 207
TABLE 283 REST OF MIDDLE EAST & AFRICA: BASE OIL MARKET, BY GROUP,
2020–2025 (KILOTONS) 207
TABLE 284 REST OF MIDDLE EAST & AFRICA: BASE OIL MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 208
TABLE 285 REST OF MIDDLE EAST & AFRICA: BASE OIL MARKET, BY APPLICATION, 2020–2025 (USD MILLION) 208
TABLE 286 REST OF MIDDLE EAST & AFRICA: BASE OIL MARKET, BY APPLICATION, 2016–2019 (KILOTONS) 208
TABLE 287 REST OF MIDDLE EAST & AFRICA: BASE OIL MARKET, BY APPLICATION, 2020–2025 (KILOTONS) 209
11.6 SOUTH AMERICA 209
TABLE 288 SOUTH AMERICA: BASE OIL MARKET, BY COUNTRY,
2016–2019 (USD MILLION) 209
TABLE 289 SOUTH AMERICA: BASE OIL MARKET, BY COUNTRY,
2020–2025 (USD MILLION) 210
TABLE 290 SOUTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2016–2019 (KILOTONS) 210
TABLE 291 SOUTH AMERICA: BASE OIL MARKET, BY COUNTRY, 2020–2025 (KILOTONS) 210
TABLE 292 SOUTH AMERICA: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 210
TABLE 293 SOUTH AMERICA: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 211
TABLE 294 SOUTH AMERICA: BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 211
TABLE 295 SOUTH AMERICA: BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 211
TABLE 296 SOUTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 212
TABLE 297 SOUTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 212
TABLE 298 SOUTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (KILOTONS) 212
TABLE 299 SOUTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (KILOTONS) 213
11.6.1 BRAZIL 213
11.6.1.1 HIGH DEMAND FOR GROUP I AND GROUP II BASE OILS DRIVES
THE MARKET GROWTH IN BRAZIL 213
TABLE 300 BRAZIL: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 213
TABLE 301 BRAZIL: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 214
TABLE 302 BRAZIL BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 214
TABLE 303 BRAZIL BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 214
TABLE 304 BRAZIL: BASE OIL MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 215
TABLE 305 BRAZIL: BASE OIL MARKET, BY APPLICATION, 2020–2025 (USD MILLION) 215
TABLE 306 BRAZIL BASE OIL MARKET, BY APPLICATION, 2016–2019 (KILOTONS) 215
TABLE 307 BRAZIL BASE OIL MARKET, BY APPLICATION, 2020–2025 (KILOTONS) 216
11.6.1.2 COVID-19 IMPACT ON BRAZIL 216
11.6.2 ARGENTINA 216
11.6.2.1 ARGENTINA WAS THE SECOND-LARGEST MARKET FOR BASE OIL IN SOUTH AMERICA IN 2018 216
TABLE 308 ARGENTINA: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 217
TABLE 309 ARGENTINA: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 217
TABLE 310 ARGENTINA: BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 217
TABLE 311 ARGENTINA: BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 218
TABLE 312 ARGENTINA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 218
TABLE 313 ARGENTINA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 218
TABLE 314 ARGENTINA: BASE OIL MARKET, BY APPLICATION, 2016–2019 (KILOTONS) 219
TABLE 315 ARGENTINA: BASE OIL MARKET, BY APPLICATION, 2020–2025 (KILOTONS) 219
11.6.2.2 COVID-19 IMPACT ON ARGENTINA 219
11.6.3 COLOMBIA 220
11.6.3.1 BASE OIL MARKET IN ARGENTINA DOMINATED BY THE GROUP II SEGMENT 220
TABLE 316 COLOMBIA: BASE OIL MARKET, BY GROUP, 2016–2019 (USD MILLION) 220
TABLE 317 COLOMBIA: BASE OIL MARKET, BY GROUP, 2020–2025 (USD MILLION) 220
TABLE 318 COLOMBIA: BASE OIL MARKET, BY GROUP, 2016–2019 (KILOTONS) 221
TABLE 319 COLOMBIA: BASE OIL MARKET, BY GROUP, 2020–2025 (KILOTONS) 221
TABLE 320 COLOMBIA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 221
TABLE 321 COLOMBIA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 222
TABLE 322 COLOMBIA: BASE OIL MARKET, BY APPLICATION, 2016–2019 (KILOTONS) 222
TABLE 323 COLOMBIA: BASE OIL MARKET, BY APPLICATION, 2020–2025 (KILOTONS) 222
11.6.4 REST OF SOUTH AMERICA 223
TABLE 324 REST OF SOUTH AMERICA: BASE OIL MARKET, BY GROUP,
2016–2019 (USD MILLION) 223
TABLE 325 REST OF SOUTH AMERICA: BASE OIL MARKET, BY GROUP,
2020–2025 (USD MILLION) 223
TABLE 326 REST OF SOUTH AMERICA: BASE OIL MARKET, BY GROUP,
2016–2019 (KILOTONS) 223
TABLE 327 REST OF SOUTH AMERICA: BASE OIL MARKET, BY GROUP,
2020–2025 (KILOTONS) 224
TABLE 328 REST OF SOUTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 224
TABLE 329 REST OF SOUTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (USD MILLION) 224
TABLE 330 REST OF SOUTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2016–2019 (KILOTONS) 225
TABLE 331 REST OF SOUTH AMERICA: BASE OIL MARKET, BY APPLICATION,
2020–2025 (KILOTONS) 225
12 COMPETITIVE LANDSCAPE 226
12.1 OVERVIEW 226
FIGURE 32 COMPANIES ADOPTED BOTH ORGANIC AND INORGANIC GROWTH STRATEGIES BETWEEN 2016 AND NOVEMBER 2019 227
12.2 COMPETITIVE LANDSCAPE MAPPING, 2019 228
12.2.1 STAR 228
12.2.2 EMERGING LEADERS 228
12.2.3 PERVASIVE 228
12.2.4 PARTICIPANTS 228
FIGURE 33 BASE OIL MARKET (GLOBAL) COMPETITIVE LANDSCAPE MAPPING, 2019 229
12.3 COMPETITIVE LEADERSHIP MAPPING OF SME 229
12.3.1 PROGRESSIVE COMPANIES 229
12.3.2 RESPONSIVE COMPANIES 229
12.3.3 STARTING BLOCKS 230
12.3.4 DYNAMIC COMPANIES 230
FIGURE 34 COMPETITIVE LEADERSHIP MAPPING OF START-UPS, 2019 230
12.4 STRENGTH OF PRODUCT PORTFOLIO 231
FIGURE 35 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN BASE OIL MARKET 231
12.5 BUSINESS STRATEGY EXCELLENCE 232
FIGURE 36 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN BASE OIL MARKET 232
12.6 MARKET SHARE ANALYSIS 233
FIGURE 37 MAJOR MANUFACTURERS IN BASE OIL MARKET 233
12.6.1 REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS IN BASE OIL MARKET 233
12.7 COMPETITIVE SCENARIO 234
12.7.1 AGREEMENTS 234
TABLE 332 AGREEMENTS, 2016–2019 234
12.7.2 EXPANSIONS 236
TABLE 333 EXPANSIONS, 2016–2019 236
12.7.3 NEW PRODUCT LAUNCHES 237
TABLE 334 NEW PRODUCT LAUNCHES, 2016–2019 237
12.7.4 ACQUISITIONS 238
TABLE 335 ACQUISITIONS, 2016–2019 238
12.7.5 COLLABORATIONS 239
TABLE 336 COLLABORATIONS, 2016–2019 239
12.7.6 CONTRACTS 239
TABLE 337 CONTRACTS, 2016–2019 239
12.7.7 INVESTMENTS 240
TABLE 338 INVESTMENTS, 2016–2019 240
12.7.8 DIVESTMENTS 240
TABLE 339 DIVESTMENTS, 2016–2019 240
12.7.9 JOINT VENTURES 241
TABLE 340 JOINT VENTURES, 2016–2019 241
13 COMPANY PROFILES 242
(BUSINESS OVERVIEW, PRODUCTS OFFERED, RECENT DEVELOPMENTS, SWOT ANALYSIS, COVID-19 IMPACT ON COMPANY FINANCIALS, MNM VIEW)*
13.1 CHEVRON CORPORATION 242
FIGURE 38 CHEVRON CORPORATION: COMPANY SNAPSHOT 242
13.2 EXXON MOBIL CORPORATION 245
FIGURE 39 EXXON MOBIL CORPORATION: COMPANY SNAPSHOT 245
13.3 S-OIL CORPORATION 249
FIGURE 40 S-OIL CORPORATION: COMPANY SNAPSHOT 249
13.4 MOTIVA ENTERPRISES LLC 252
13.5 SK INNOVATION CO., LTD. 254
FIGURE 41 SK INNOVATION CO., LTD.: COMPANY SNAPSHOT 254
13.6 SAUDI ARAMCO 257
FIGURE 42 SAUDI ARAMCO.: COMPANY SNAPSHOT 257
13.7 HINDUSTAN PETROLEUM CORPORATION LIMITED 260
FIGURE 43 HINDUSTAN PETROLEUM CORPORATION LIMITED: COMPANY SNAPSHOT 260
13.8 ROYAL DUTCH SHELL PLC 261
FIGURE 44 ROYAL DUTCH SHELL PLC: COMPANY SNAPSHOT 261
13.9 NESTE OYJ 263
FIGURE 45 NESTE OYJ: COMPANY SNAPSHOT 263
13.10 AVISTA OIL AG 265
13.11 NYNAS AB 266
FIGURE 46 NYNAS AB: COMPANY SNAPSHOT 266
13.12 REPSOL S.A. 268
FIGURE 47 REPSOL S.A.: COMPANY SNAPSHOT 268
13.13 ERGON, INC. 270
13.14 CALUMET SPECIALTY PRODUCTS PARTNERS, L.P. 271
FIGURE 48 CALUMET SPECIALTY PRODUCTS PARTNERS, L.P.: COMPANY SNAPSHOT 271
13.15 H&R GROUP 273
FIGURE 49 H&R GROUP: COMPANY SNAPSHOT 273
13.16 SINOPEC CORP. 274
FIGURE 50 SINOPEC CORP.: COMPANY SNAPSHOT 274
13.17 PETROCHINA COMPANY LIMITED 276
FIGURE 51 PETROCHINA COMPANY LIMITED: COMPANY SNAPSHOT 276
13.18 ABU DHABI NATIONAL OIL COMPANY (ADNOC) 278
13.19 PT PERTAMINA (PERSERO) 280
FIGURE 52 PT PERTAMINA (PERSERO): COMPANY SNAPSHOT 280
13.20 PHILLIPS 66 282
FIGURE 53 PHILLIPS 66: COMPANY SNAPSHOT 282
13.21 PETROLIAM NASIONAL BERHAD (PETRONAS) 284
FIGURE 54 PETROLIAM NASIONAL BERHAD (PETRONAS): COMPANY SNAPSHOT 284
13.22 GRUPA LOTOS S.A. 286
FIGURE 55 GRUPA LOTOS S.A.: COMPANY SNAPSHOT 286
13.23 SEPAHAN OIL 288
13.24 GS CALTEX CORPORATION 289
13.25 OTHER COMPANIES 290
13.25.1 FORMOSA PETROCHEMICAL CO., LTD. 290
13.25.2 CHINA NATIONAL OFFSHORE OIL CORPORATION (CNOOC) 290
13.25.3 HENGLI PETROCHEMICAL CO., LTD. 290
13.25.4 HOLLYFRONTIER CORPORATION 291
13.25.5 PBF ENERGY INC. 291
13.25.6 ENI SPA 291
13.25.7 INEOS GROUP 292
13.25.8 SAN JOAQUIN REFINING CO. INC. 292
13.25.9 ROSNEFT 293
13.25.10 TUPRAS 293
13.25.11 HAINAN HANDI SUNSHINE PETROCHEMICAL CO., LTD. 294
13.25.12 CROSS OIL 294
13.25.13 OJSC NAFTAN 294
*DETAILS ON BUSINESS OVERVIEW, PRODUCTS OFFERED, RECENT DEVELOPMENTS, SWOT ANALYSIS, COVID-19 IMPACT ON COMPANY FINANCIALS, MNM VIEW MIGHT NOT BE CAPTURED IN CASE OF UNLISTED COMPANIES.
14 APPENDIX 295
14.1 DISCUSSION GUIDE 295
14.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 298
14.3 AVAILABLE CUSTOMIZATIONS 300
14.4 RELATED REPORTS 300
14.5 AUTHOR DETAILS 301
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1 INTRODUCTION 23
1.1 OBJECTIVES OF THE STUDY 23
1.2 MARKET DEFINITION 23
TABLE 1 PROPERTY COMPARISON OF HOMO- AND CO-POLYMER OF ACRYLIC ACID 24
1.2.1 SCOPE OF THE REPORT 24
1.3 MARKET SCOPE 25
FIGURE 1 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION: MARKET SEGMENTATION 25
1.3.1 REGIONS COVERED 25
1.3.2 YEARS CONSIDERED FOR THE REPORT 26
1.4 CURRENCY 26
1.5 UNITS CONSIDERED 26
1.6 STAKEHOLDERS 26
1.7 LIMITATIONS 27
2 RESEARCH METHODOLOGY 28
2.1 RESEARCH DATA 28
FIGURE 2 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION: RESEARCH DESIGN 28
2.1.1 SECONDARY DATA 28
2.1.1.1 Critical secondary inputs 29
2.1.1.2 Key data from secondary sources 29
2.1.2 PRIMARY DATA 29
2.1.2.1 Critical primary inputs 30
2.1.2.2 Key data from primary sources 30
2.1.2.3 Key industry insights 31
2.1.2.4 Breakdown of primary interviews 31
2.2 MARKET SIZE ESTIMATION APPROACH 32
2.2.1 BOTTOM-UP MARKET SIZE ESTIMATION: MARKET SIZE OF SEVERAL COUNTRIES AND ASCERTAINING THEIR SHARE TO ESTIMATE OVERALL DEMAND 32
FIGURE 3 MARKET SIZE ESTIMATION: DEMAND-SIDE ANALYSIS 32
2.3 DATA TRIANGULATION 33
FIGURE 4 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION:
DATA TRIANGULATION 33
2.4 ASSUMPTIONS 34
3 EXECUTIVE SUMMARY 35
FIGURE 5 WATER-BORNE SEGMENT ACCOUNTED FOR LARGER MARKET SHARE IN 2020 35
FIGURE 6 LAUNDRY & DETERGENT HELD MAJOR SHARE IN OVERALL MARKET IN 2020 36
FIGURE 7 NORTH AMERICA WAS LARGEST ACRYLIC POLYMER MARKET IN 2020 36
4 PREMIUM INSIGHTS 38
4.1 SIGNIFICANT OPPORTUNITIES IN ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION 38
FIGURE 8 HIGH DEMAND FROM LAUNDRY & DETERGENT TO DRIVE MARKET BETWEEN 2021 AND 2026 38
4.2 NORTH AMERICA ACRYLIC POLYMER MARKET, BY TYPE AND COUNTRY, 2020 38
FIGURE 9 US ACCOUNTED FOR LARGEST SHARE OF MARKET IN NORTH AMERICA 38
4.3 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY KEY COUNTRIES 39
FIGURE 10 CHINA AND INDIA TO REGISTER HIGHEST CAGR 39
5 MARKET OVERVIEW 40
5.1 INTRODUCTION 40
5.2 MARKET DYNAMICS 40
FIGURE 11 DRIVERS, RESTRAINTS, CHALLENGES, AND OPPORTUNITIES IN
ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION 40
5.2.1 DRIVERS 41
5.2.1.1 Growing demand from laundry detergent market 41
FIGURE 12 GLOBAL LAUNDRY DETERGENTS MARKET SIZE (USD BILLION)
AND Y-O-Y GROWTH, 2017-2020 41
5.2.1.2 Increasing demand from industrial and institutional cleaning applications 41
TABLE 2 EUROPE CLEANING AND HYGIENE PRODUCTS DEMAND IN PROFESSIONAL SECTOR AND Y-O-Y GROWTH, 2020 42
5.2.1.3 Workplace hygiene initiatives driving demand for cleaning chemicals 42
5.2.2 RESTRAINTS 42
5.2.2.1 Fluctuating raw material prices due to volatility in crude oil prices 42
FIGURE 13 CRUDE OIL PRICES (USD/BARREL), JANUARY 2021 TO FEBRUARY 2022 43
5.2.2.2 Potential health and environmental issues of solvent-based acrylic polymers 43
5.2.3 OPPORTUNITIES 43
5.2.3.1 Growing requirement for environmentally sustainable formulations 43
5.2.4 CHALLENGES 44
5.2.4.1 Stringent regulations and restrictions 44
5.3 PORTER'S FIVE FORCES ANALYSIS 44
FIGURE 14 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION: PORTER'S FIVE FORCES ANALYSIS 44
5.3.1 BARGAINING POWER OF SUPPLIERS 45
5.3.2 BARGAINING POWER OF BUYERS 45
5.3.3 INTENSITY OF COMPETITIVE RIVALRY 45
5.3.4 THREAT OF NEW ENTRANTS 45
5.3.5 THREAT OF SUBSTITUTES 46
TABLE 3 ACRYLIC POLYMER MARKET: PORTER'S FIVE FORCES ANALYSIS 46
5.4 SUPPLY CHAIN ANALYSIS 46
FIGURE 15 SUPPLY CHAIN OF ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION 46
5.5 PRICING ANALYSIS 47
FIGURE 16 PRICING ANALYSIS (USD/TON) OF ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION (2020) 47
FIGURE 17 FORECASTING FACTOR AND IMPACT ANALYSIS 48
5.6 MICROPLASTIC 49
5.6.1 SOURCES OF MICROPLASTICS 49
5.6.1.1 Textiles 49
5.6.1.2 Road transport 49
5.6.1.3 Marine coatings and fishing industry 49
5.6.1.4 Personal care products 49
5.6.2 IMPACT OF MICROPLASTICS ON MARINE, LAND, AND CLIMATE 50
5.6.2.1 Impact on marine 50
5.6.2.2 Impact on land 50
5.6.2.3 Impact on climate 50
5.6.2.4 Impacts on human health 50
5.7 PATENT ANALYSIS 51
5.7.1 METHODOLOGY 51
5.7.2 DOCUMENT TYPE 51
TABLE 4 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION: GRANTED, APPLIED, AND LIMITED PATENTS 51
FIGURE 18 PATENT PUBLICATION TRENDS - LAST 10 YEARS 52
5.7.3 INSIGHT 52
5.7.4 LEGAL STATUS OF PATENTS 53
FIGURE 19 ACRYLIC POLYMER PATENTS: LEGAL STATUS (2011-2021) 53
5.7.5 JURISDICTION ANALYSIS 53
FIGURE 20 TOP JURISDICTION, BY COUNTRY 53
5.7.6 TOP COMPANIES/APPLICANTS 54
FIGURE 21 TOP 10 COMPANIES/APPLICANTS WITH HIGHEST NUMBER OF PATENTS 54
TABLE 5 LIST OF PATENTS FOR ACRYLIC POLYMER IN CLEANING APPLICATION 54
6 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY TYPE 56
6.1 INTRODUCTION 57
FIGURE 22 WATER-BORNE ACRYLIC POLYMER TO BE FASTER-GROWING SEGMENT DURING FORECAST PERIOD 57
TABLE 6 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION BY TYPE,
2019–2026 (TON) 57
TABLE 7 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY TYPE,
2019–2026 (USD MILLION) 57
6.2 WATER-BORNE 58
6.2.1 DEMAND FROM HOUSEHOLD CLEANING PRODUCTS TO DRIVE WATER-BORNE ACRYLIC POLYMERS MARKET 58
TABLE 8 WATER-BORNE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (TON) 58
TABLE 9 WATER-BORNE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (USD MILLION) 58
6.3 SOLVENT-BORNE 59
6.3.1 GROWING DEMAND FOR SUSTAINABLE PRODUCTS TO RESTRICT GROWTH OF MARKET 59
TABLE 10 SOLVENT-BORNE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (TON) 59
TABLE 11 SOLVENT-BORNE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (USD MILLION) 59
7 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION 60
7.1 INTRODUCTION 61
FIGURE 23 LAUNDRY & DETERGENT TO DOMINATE OVERALL MARKET DURING FORECAST PERIOD 61
TABLE 12 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (TON) 61
TABLE 13 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (USD MILLION) 62
7.2 LAUNDRY & DETERGENT 62
7.2.1 RISE IN DEMAND FOR HIGH-PERFORMANCE LAUNDRY & DETERGENT TO DRIVE MARKET 62
TABLE 14 LAUNDRY & DETERGENT: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (TON) 62
TABLE 15 LAUNDRY & DETERGENT: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (USD MILLION) 63
7.3 DISH WASHING 63
7.3.1 INCREASING USAGES OF DISHWASHING PRODUCTS IN HOMECARE, FOOD SERVICE CENTERS, AND HOTEL INDUSTRY TO DRIVE MARKET 63
TABLE 16 DISH WASHING: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (TON) 63
TABLE 17 DISH WASHING: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (USD MILLION) 64
7.4 INDUSTRIAL & INSTITUTIONAL 64
7.4.1 STRONG EMPHASIS ON HYGIENE IN INDUSTRIAL AND INSTITUTIONAL PLACES TO SUPPORT MARKET GROWTH 64
TABLE 18 USES OF CLEANING APPLICATIONS IN SEVERAL INDUSTRIES 64
TABLE 19 INDUSTRIAL & INSTITUTIONAL: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (TON) 65
TABLE 20 INDUSTRIAL & INSTITUTIONAL: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (USD MILLION) 65
7.5 HARD SURFACE CLEANING 65
7.5.1 HIGH PREVALENCE OF INFECTIONS TO DRIVE USE OF HARD SURFACE CLEANING PRODUCTS IN SEVERAL SECTORS 65
TABLE 21 HARD SURFACE CLEANING: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (TON) 66
TABLE 22 HARD SURFACE CLEANING: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (USD MILLION) 66
7.6 OTHERS 66
TABLE 23 OTHERS: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY REGION, 2019–2026 (TON) 66
TABLE 24 OTHERS: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY REGION, 2019–2026 (USD MILLION) 67
8 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION 68
8.1 INTRODUCTION 69
FIGURE 24 REGIONAL SNAPSHOT: ASIA PACIFIC EMERGING AS NEW HOTSPOT 69
TABLE 25 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (TON) 69
TABLE 26 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (USD MILLION) 70
8.2 NORTH AMERICA 70
FIGURE 25 NORTH AMERICA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION SNAPSHOT 71
TABLE 27 NORTH AMERICA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY COUNTRY, 2019–2026 (TON) 71
TABLE 28 NORTH AMERICA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY COUNTRY, 2019–2026 (USD MILLION) 72
TABLE 29 NORTH AMERICA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY TYPE, 2019–2026 (TON) 72
TABLE 30 NORTH AMERICA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY TYPE, 2019–2026 (USD MILLION) 72
TABLE 31 NORTH AMERICA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (TON) 72
TABLE 32 NORTH AMERICA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (USD MILLION) 73
8.2.1 US 73
8.2.1.1 Increasing consumer awareness for cleaning products to drive market 73
TABLE 33 US: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 73
TABLE 34 US: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 74
8.2.2 CANADA 74
8.2.2.1 Rise in cleaning activities to positively influence market 74
TABLE 35 CANADA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 74
TABLE 36 CANADA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 75
8.2.3 MEXICO 75
8.2.3.1 Increasing health & hygiene concerns to boost demand for cleaning products 75
TABLE 37 MEXICO: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 75
TABLE 38 MEXICO: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 76
8.3 EUROPE 76
FIGURE 26 EUROPE: ACRYLIC POLYMER MARKET SNAPSHOT 77
TABLE 39 EUROPE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY COUNTRY, 2019–2026 (TON) 78
TABLE 40 EUROPE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY COUNTRY, 2019–2026 (USD MILLION) 78
TABLE 41 EUROPE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY TYPE, 2019–2026 (TON) 78
TABLE 42 EUROPE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY TYPE, 2019–2026 (USD MILLION) 79
TABLE 43 EUROPE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 79
TABLE 44 EUROPE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 79
8.3.1 GERMANY 79
8.3.1.1 Expansion of healthcare & hygiene sector creates favorable conditions for market growth 79
TABLE 45 GERMANY: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 80
TABLE 46 GERMANY: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 80
8.3.2 FRANCE 80
8.3.2.1 Rising demand for cleaning and washing products to increase demand for acrylic polymer 80
TABLE 47 FRANCE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 81
TABLE 48 FRANCE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 81
8.3.3 UK 81
8.3.3.1 Rise in spending on health and hygiene to drive UK acrylic polymer market 81
TABLE 49 UK: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 82
TABLE 50 UK: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 82
8.3.4 ITALY 82
8.3.4.1 Increasing industrial and institutional cleaning to drive market 82
TABLE 51 ITALY: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 83
TABLE 52 ITALY: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 83
8.3.5 SPAIN 83
8.3.5.1 Growth in laundry & detergent application to drive market 83
TABLE 53 SPAIN: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 84
TABLE 54 SPAIN: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 84
8.3.6 RUSSIA 84
8.3.6.1 Increasing investment in cleaning products to drive market 84
TABLE 55 RUSSIA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 85
TABLE 56 RUSSIA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 85
8.3.7 BENELUX 85
8.3.7.1 Increasing exports and imports of acrylic polymer to drive market 85
TABLE 57 BENELUX: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 86
TABLE 58 BENELUX: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 86
8.3.8 NORDIC COUNTRIES 86
8.3.8.1 Steady growth in demand for cleaning products to drive the market 86
TABLE 59 NORDIC COUNTRIES: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (TON) 87
TABLE 60 NORDIC COUNTRIES: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (USD MILLION) 87
8.3.9 REST OF EUROPE 87
TABLE 61 REST OF EUROPE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (TON) 87
TABLE 62 REST OF EUROPE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (USD MILLION) 88
8.4 ASIA PACIFIC 88
FIGURE 27 ASIA PACIFIC: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION SNAPSHOT 89
TABLE 63 ASIA PACIFIC: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY COUNTRY, 2019–2026 (TON) 89
TABLE 64 ASIA PACIFIC: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY COUNTRY, 2019–2026 (USD MILLION) 90
TABLE 65 ASIA PACIFIC: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY TYPE, 2019–2026 (TON) 90
TABLE 66 ASIA PACIFIC: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY TYPE, 2019–2026 (USD MILLION) 90
TABLE 67 ASIA PACIFIC: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 90
TABLE 68 ASIA PACIFIC: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 91
8.4.1 CHINA 91
8.4.1.1 Healthy growth of cleaning industry is major driver of acrylic polymer market 91
TABLE 69 CHINA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 91
TABLE 70 CHINA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 92
8.4.2 JAPAN 92
8.4.2.1 Strong cleaning standards and regulations in country to drive market 92
TABLE 71 JAPAN SOAP, SYNTHETIC DETERGENTS, AND SURFACEACTIVE AGENTS PRODUCTION, 2020 (TON) 92
TABLE 72 JAPAN: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 93
TABLE 73 JAPAN: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 93
8.4.3 INDIA 93
8.4.3.1 Growing awareness pertaining to hygiene and cleaning coupled with changing lifestyle supporting market growth 93
TABLE 74 INDIA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 94
TABLE 75 INDIA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 94
8.4.4 SOUTH KOREA 94
8.4.4.1 Personal and household care products will support growth of acrylic polymer market 94
TABLE 76 SOUTH KOREA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 95
TABLE 77 SOUTH KOREA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 95
8.4.5 ASEAN COUNTRIES 95
8.4.5.1 Rising health & hygiene concerns to boost market 95
TABLE 78 ASEAN COUNTRIES: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (TON) 96
TABLE 79 ASEAN COUNTRIES: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (USD MILLION) 96
8.4.6 REST OF ASIA PACIFIC 96
TABLE 80 REST OF ASIA PACIFIC: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (TON) 96
TABLE 81 REST OF ASIA PACIFIC: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (USD MILLION) 97
8.5 REST OF WORLD 97
TABLE 82 REST OF WORLD: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY COUNTRY, 2019–2026 (TON) 97
TABLE 83 REST OF WORLD: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY COUNTRY, 2019–2026 (USD MILLION) 98
TABLE 84 REST OF WORLD: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY TYPE, 2019–2026 (TON) 98
TABLE 85 REST OF WORLD: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY TYPE, 2019–2026 (USD MILLION) 98
TABLE 86 REST OF WORLD: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (TON) 98
TABLE 87 REST OF WORLD: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (USD MILLION) 99
8.5.1 SAUDI ARABIA 99
8.5.1.1 Increasing demand for detergents & industrial cleaning products to drive growth of acrylic polymer market 99
TABLE 88 SAUDI ARABIA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 99
TABLE 89 SAUDI ARABIA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 100
8.5.2 UAE 100
8.5.2.1 Rapid urbanization expected to propel growth of UAE market 100
TABLE 90 UAE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 100
TABLE 91 UAE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 101
8.5.3 BRAZIL 101
8.5.3.1 Brazil is one of largest markets for acrylic polymer in cleaning application in Rest of World 101
TABLE 92 BRAZIL: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 101
TABLE 93 BRAZIL: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 102
8.5.4 SOUTH AFRICA 102
8.5.4.1 Growth in consumer awareness regarding cleaning & personal hygiene products 102
TABLE 94 SOUTH AFRICA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 102
TABLE 95 SOUTH AFRICA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 103
8.5.5 OTHERS 103
TABLE 96 OTHERS: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 103
TABLE 97 OTHERS: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 103
9 COMPETITIVE LANDSCAPE 104
9.1 INTRODUCTION 104
FIGURE 28 COMPANIES MAINLY ADOPTED INORGANIC GROWTH STRATEGIES BETWEEN 2018 AND 2021 104
9.2 MARKET SHARE ANALYSIS 105
FIGURE 29 MARKET SHARE OF KEY PLAYERS, 2020 105
TABLE 98 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION: DEGREE OF COMPETITION 105
TABLE 99 STRATEGIC POSITIONING OF KEY PLAYERS 106
9.3 COMPETITIVE SITUATION & TRENDS 107
9.3.1 EXPANSIONS 107
TABLE 100 EXPANSIONS, 2018-2021 107
9.3.2 DEALS 108
TABLE 101 DEALS, 2018–2021 108
10 COMPANY PROFILE 109
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
10.1 KEY PLAYERS 109
10.1.1 DOW INC. 109
TABLE 102 DOW INC.: COMPANY OVERVIEW 109
FIGURE 30 DOW INC.: COMPANY SNAPSHOT 110
FIGURE 31 DOW'S CAPABILITY IN ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION 111
10.1.2 BASF SE 112
TABLE 103 BASF SE: BUSINESS OVERVIEW 112
FIGURE 32 BASF SE: COMPANY SNAPSHOT 113
TABLE 104 BASF SE.: DEALS 114
FIGURE 33 BASF'S CAPABILITY IN ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION 116
10.1.3 TOAGOSEI CO., LTD. 117
TABLE 105 TOAGOSEI CO., LTD.: COMPANY OVERVIEW 117
FIGURE 34 TOAGOSEI CO., LTD: COMPANY SNAPSHOT 117
FIGURE 35 TOAGOSEI'S CAPABILITIES IN ACRYLIC
POLYMER MARKET FOR CLEANING APPLICATION 119
10.1.4 SUMITOMO SEIKA CHEMICALS CO., LTD. 120
TABLE 106 SUMITOMO SEIKA CHEMICALS CO., LTD.: BUSINESS OVERVIEW 120
FIGURE 36 SUMITOMO SEIKA CHEMICALS CO., LTD.: COMPANY SNAPSHOT 120
TABLE 107 SUMITOMO SEIKA CHEMICALS CO. LTD.:
PRODUCT/SOLUTION/SERVICE OFFERED 121
10.1.5 ARKEMA 122
TABLE 108 ARKEMA: BUSINESS OVERVIEW 122
FIGURE 37 ARKEMA: COMPANY SNAPSHOT 122
FIGURE 38 ARKEMA'S CAPABILITY IN ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION 124
10.1.6 NIPPON SHOKUBAI CO. LTD. 125
TABLE 109 NIPPON SHOKUBAI CO.LTD.: BUSINESS OVERVIEW 125
FIGURE 39 NIPPON SHOKUBAI: COMPANY SNAPSHOT 125
TABLE 110 NIPPON SHOKUBAI CO. LTD.: DEALS 126
FIGURE 40 NIPPON SHOKUBAI'S CAPABILITIES IN ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION 127
10.1.7 ASHLAND GLOBAL HOLDINGS, INC. 128
TABLE 111 ASHLAND GLOBAL HOLDINGS, INC.: BUSINESS OVERVIEW 128
FIGURE 41 ASHLAND GLOBAL HOLDINGS, INC: COMPANY SNAPSHOT 128
TABLE 112 ASHLAND GLOBAL HOLDINGS, INC.:
PRODUCT/SOLUTION/SERVICE OFFERED 129
TABLE 113 ASHLAND GLOBAL HOLDINGS, INC.: DEALS 129
10.2 OTHER KEY PLAYERS 131
10.2.1 THE LUBRIZOL CORPORATION 131
TABLE 114 THE LUBRIZOL CORPORATION: BUSINESS OVERVIEW 131
10.2.2 CHEMIPOL, S.A. 131
TABLE 115 CHEMIPOL, S.A.: BUSINESS OVERVIEW 131
10.2.3 ANSHIKA POLYSURF LIMITED 132
TABLE 116 ANSHIKA POLYSURF LIMITED: COMPANY OVERVIEW 132
10.2.4 MCTRON 132
TABLE 117 MCTRON: COMPANY OVERVIEW 132
10.2.5 WEIFANG RUIGUANG CHEMICAL 133
TABLE 118 WEIFANG RUIGUANG CHEMICAL: COMPANY OVERVIEW 133
10.2.6 PIKA INDIA TECHNOLOGIES 133
TABLE 119 PIKA INDIA TECHNOLOGIES: COMPANY OVERVIEW 133
10.2.7 NOURYON 134
TABLE 120 NOURYON: COMPANY OVERVIEW 134
10.2.8 GELLNER INDUSTRIAL 134
TABLE 121 GELLNER INDUSTRIAL: COMPANY OVERVIEW 134
10.2.9 GROUPE PROTEX INTERNATIONAL 135
TABLE 122 GROUPE PROTEX INTERNATIONAL: COMPANY OVERVIEW 135
10.2.10 ANHUI NEWMAN FINE CHEMICALS CO., LTD. 135
TABLE 123 ANHUI NEWMAN FINE CHEMICALS CO., LTD.: COMPANY OVERVIEW 135
10.2.11 MAXWELL ADDITIVES PRIVATE LIMITED 136
TABLE 124 MAXWELL ADDITIVES PRIVATE LIMITED: COMPANY OVERVIEW 136
10.2.12 SOLVAY SA 136
TABLE 125 SOLVAY: COMPANY OVERVIEW 136
10.2.13 SHANGHAI BAOLIJIA CHEMICAL LIMITED 137
TABLE 126 SHANGHAI BAOLIJIA CHEMICAL LIMITED: COMPANY OVERVIEW 137
10.2.14 KAMSONS CHEMICALS PVT. LTD. 137
TABLE 127 KAMSONS CHEMICALS PVT. LTD.: COMPANY OVERVIEW 137
10.2.15 STI POLYMER 138
TABLE 128 STI POLYMER: COMPANY OVERVIEW 138
10.2.16 MICHELMAN 138
TABLE 129 MICHELMAN: COMPANY OVERVIEW 138
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
11 APPENDIX 139
11.1 DISCUSSION GUIDE 139
11.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 141
11.3 AVAILABLE CUSTOMIZATIONS 143
11.4 RELATED REPORTS 143
11.5 AUTHOR DETAILS 144
1 INTRODUCTION 23
1.1 OBJECTIVES OF THE STUDY 23
1.2 MARKET DEFINITION 23
TABLE 1 PROPERTY COMPARISON OF HOMO- AND CO-POLYMER OF ACRYLIC ACID 24
1.2.1 SCOPE OF THE REPORT 24
1.3 MARKET SCOPE 25
FIGURE 1 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION: MARKET SEGMENTATION 25
1.3.1 REGIONS COVERED 25
1.3.2 YEARS CONSIDERED FOR THE REPORT 26
1.4 CURRENCY 26
1.5 UNITS CONSIDERED 26
1.6 STAKEHOLDERS 26
1.7 LIMITATIONS 27
2 RESEARCH METHODOLOGY 28
2.1 RESEARCH DATA 28
FIGURE 2 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION: RESEARCH DESIGN 28
2.1.1 SECONDARY DATA 28
2.1.1.1 Critical secondary inputs 29
2.1.1.2 Key data from secondary sources 29
2.1.2 PRIMARY DATA 29
2.1.2.1 Critical primary inputs 30
2.1.2.2 Key data from primary sources 30
2.1.2.3 Key industry insights 31
2.1.2.4 Breakdown of primary interviews 31
2.2 MARKET SIZE ESTIMATION APPROACH 32
2.2.1 BOTTOM-UP MARKET SIZE ESTIMATION: MARKET SIZE OF SEVERAL COUNTRIES AND ASCERTAINING THEIR SHARE TO ESTIMATE OVERALL DEMAND 32
FIGURE 3 MARKET SIZE ESTIMATION: DEMAND-SIDE ANALYSIS 32
2.3 DATA TRIANGULATION 33
FIGURE 4 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION:
DATA TRIANGULATION 33
2.4 ASSUMPTIONS 34
3 EXECUTIVE SUMMARY 35
FIGURE 5 WATER-BORNE SEGMENT ACCOUNTED FOR LARGER MARKET SHARE IN 2020 35
FIGURE 6 LAUNDRY & DETERGENT HELD MAJOR SHARE IN OVERALL MARKET IN 2020 36
FIGURE 7 NORTH AMERICA WAS LARGEST ACRYLIC POLYMER MARKET IN 2020 36
4 PREMIUM INSIGHTS 38
4.1 SIGNIFICANT OPPORTUNITIES IN ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION 38
FIGURE 8 HIGH DEMAND FROM LAUNDRY & DETERGENT TO DRIVE MARKET BETWEEN 2021 AND 2026 38
4.2 NORTH AMERICA ACRYLIC POLYMER MARKET, BY TYPE AND COUNTRY, 2020 38
FIGURE 9 US ACCOUNTED FOR LARGEST SHARE OF MARKET IN NORTH AMERICA 38
4.3 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY KEY COUNTRIES 39
FIGURE 10 CHINA AND INDIA TO REGISTER HIGHEST CAGR 39
5 MARKET OVERVIEW 40
5.1 INTRODUCTION 40
5.2 MARKET DYNAMICS 40
FIGURE 11 DRIVERS, RESTRAINTS, CHALLENGES, AND OPPORTUNITIES IN
ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION 40
5.2.1 DRIVERS 41
5.2.1.1 Growing demand from laundry detergent market 41
FIGURE 12 GLOBAL LAUNDRY DETERGENTS MARKET SIZE (USD BILLION)
AND Y-O-Y GROWTH, 2017-2020 41
5.2.1.2 Increasing demand from industrial and institutional cleaning applications 41
TABLE 2 EUROPE CLEANING AND HYGIENE PRODUCTS DEMAND IN PROFESSIONAL SECTOR AND Y-O-Y GROWTH, 2020 42
5.2.1.3 Workplace hygiene initiatives driving demand for cleaning chemicals 42
5.2.2 RESTRAINTS 42
5.2.2.1 Fluctuating raw material prices due to volatility in crude oil prices 42
FIGURE 13 CRUDE OIL PRICES (USD/BARREL), JANUARY 2021 TO FEBRUARY 2022 43
5.2.2.2 Potential health and environmental issues of solvent-based acrylic polymers 43
5.2.3 OPPORTUNITIES 43
5.2.3.1 Growing requirement for environmentally sustainable formulations 43
5.2.4 CHALLENGES 44
5.2.4.1 Stringent regulations and restrictions 44
5.3 PORTER'S FIVE FORCES ANALYSIS 44
FIGURE 14 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION: PORTER'S FIVE FORCES ANALYSIS 44
5.3.1 BARGAINING POWER OF SUPPLIERS 45
5.3.2 BARGAINING POWER OF BUYERS 45
5.3.3 INTENSITY OF COMPETITIVE RIVALRY 45
5.3.4 THREAT OF NEW ENTRANTS 45
5.3.5 THREAT OF SUBSTITUTES 46
TABLE 3 ACRYLIC POLYMER MARKET: PORTER'S FIVE FORCES ANALYSIS 46
5.4 SUPPLY CHAIN ANALYSIS 46
FIGURE 15 SUPPLY CHAIN OF ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION 46
5.5 PRICING ANALYSIS 47
FIGURE 16 PRICING ANALYSIS (USD/TON) OF ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION (2020) 47
FIGURE 17 FORECASTING FACTOR AND IMPACT ANALYSIS 48
5.6 MICROPLASTIC 49
5.6.1 SOURCES OF MICROPLASTICS 49
5.6.1.1 Textiles 49
5.6.1.2 Road transport 49
5.6.1.3 Marine coatings and fishing industry 49
5.6.1.4 Personal care products 49
5.6.2 IMPACT OF MICROPLASTICS ON MARINE, LAND, AND CLIMATE 50
5.6.2.1 Impact on marine 50
5.6.2.2 Impact on land 50
5.6.2.3 Impact on climate 50
5.6.2.4 Impacts on human health 50
5.7 PATENT ANALYSIS 51
5.7.1 METHODOLOGY 51
5.7.2 DOCUMENT TYPE 51
TABLE 4 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION: GRANTED, APPLIED, AND LIMITED PATENTS 51
FIGURE 18 PATENT PUBLICATION TRENDS - LAST 10 YEARS 52
5.7.3 INSIGHT 52
5.7.4 LEGAL STATUS OF PATENTS 53
FIGURE 19 ACRYLIC POLYMER PATENTS: LEGAL STATUS (2011-2021) 53
5.7.5 JURISDICTION ANALYSIS 53
FIGURE 20 TOP JURISDICTION, BY COUNTRY 53
5.7.6 TOP COMPANIES/APPLICANTS 54
FIGURE 21 TOP 10 COMPANIES/APPLICANTS WITH HIGHEST NUMBER OF PATENTS 54
TABLE 5 LIST OF PATENTS FOR ACRYLIC POLYMER IN CLEANING APPLICATION 54
6 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY TYPE 56
6.1 INTRODUCTION 57
FIGURE 22 WATER-BORNE ACRYLIC POLYMER TO BE FASTER-GROWING SEGMENT DURING FORECAST PERIOD 57
TABLE 6 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION BY TYPE,
2019–2026 (TON) 57
TABLE 7 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY TYPE,
2019–2026 (USD MILLION) 57
6.2 WATER-BORNE 58
6.2.1 DEMAND FROM HOUSEHOLD CLEANING PRODUCTS TO DRIVE WATER-BORNE ACRYLIC POLYMERS MARKET 58
TABLE 8 WATER-BORNE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (TON) 58
TABLE 9 WATER-BORNE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (USD MILLION) 58
6.3 SOLVENT-BORNE 59
6.3.1 GROWING DEMAND FOR SUSTAINABLE PRODUCTS TO RESTRICT GROWTH OF MARKET 59
TABLE 10 SOLVENT-BORNE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (TON) 59
TABLE 11 SOLVENT-BORNE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (USD MILLION) 59
7 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION 60
7.1 INTRODUCTION 61
FIGURE 23 LAUNDRY & DETERGENT TO DOMINATE OVERALL MARKET DURING FORECAST PERIOD 61
TABLE 12 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (TON) 61
TABLE 13 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (USD MILLION) 62
7.2 LAUNDRY & DETERGENT 62
7.2.1 RISE IN DEMAND FOR HIGH-PERFORMANCE LAUNDRY & DETERGENT TO DRIVE MARKET 62
TABLE 14 LAUNDRY & DETERGENT: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (TON) 62
TABLE 15 LAUNDRY & DETERGENT: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (USD MILLION) 63
7.3 DISH WASHING 63
7.3.1 INCREASING USAGES OF DISHWASHING PRODUCTS IN HOMECARE, FOOD SERVICE CENTERS, AND HOTEL INDUSTRY TO DRIVE MARKET 63
TABLE 16 DISH WASHING: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (TON) 63
TABLE 17 DISH WASHING: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (USD MILLION) 64
7.4 INDUSTRIAL & INSTITUTIONAL 64
7.4.1 STRONG EMPHASIS ON HYGIENE IN INDUSTRIAL AND INSTITUTIONAL PLACES TO SUPPORT MARKET GROWTH 64
TABLE 18 USES OF CLEANING APPLICATIONS IN SEVERAL INDUSTRIES 64
TABLE 19 INDUSTRIAL & INSTITUTIONAL: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (TON) 65
TABLE 20 INDUSTRIAL & INSTITUTIONAL: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (USD MILLION) 65
7.5 HARD SURFACE CLEANING 65
7.5.1 HIGH PREVALENCE OF INFECTIONS TO DRIVE USE OF HARD SURFACE CLEANING PRODUCTS IN SEVERAL SECTORS 65
TABLE 21 HARD SURFACE CLEANING: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (TON) 66
TABLE 22 HARD SURFACE CLEANING: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (USD MILLION) 66
7.6 OTHERS 66
TABLE 23 OTHERS: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY REGION, 2019–2026 (TON) 66
TABLE 24 OTHERS: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY REGION, 2019–2026 (USD MILLION) 67
8 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION 68
8.1 INTRODUCTION 69
FIGURE 24 REGIONAL SNAPSHOT: ASIA PACIFIC EMERGING AS NEW HOTSPOT 69
TABLE 25 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (TON) 69
TABLE 26 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY REGION, 2019–2026 (USD MILLION) 70
8.2 NORTH AMERICA 70
FIGURE 25 NORTH AMERICA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION SNAPSHOT 71
TABLE 27 NORTH AMERICA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY COUNTRY, 2019–2026 (TON) 71
TABLE 28 NORTH AMERICA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY COUNTRY, 2019–2026 (USD MILLION) 72
TABLE 29 NORTH AMERICA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY TYPE, 2019–2026 (TON) 72
TABLE 30 NORTH AMERICA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY TYPE, 2019–2026 (USD MILLION) 72
TABLE 31 NORTH AMERICA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (TON) 72
TABLE 32 NORTH AMERICA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (USD MILLION) 73
8.2.1 US 73
8.2.1.1 Increasing consumer awareness for cleaning products to drive market 73
TABLE 33 US: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 73
TABLE 34 US: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 74
8.2.2 CANADA 74
8.2.2.1 Rise in cleaning activities to positively influence market 74
TABLE 35 CANADA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 74
TABLE 36 CANADA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 75
8.2.3 MEXICO 75
8.2.3.1 Increasing health & hygiene concerns to boost demand for cleaning products 75
TABLE 37 MEXICO: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 75
TABLE 38 MEXICO: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 76
8.3 EUROPE 76
FIGURE 26 EUROPE: ACRYLIC POLYMER MARKET SNAPSHOT 77
TABLE 39 EUROPE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY COUNTRY, 2019–2026 (TON) 78
TABLE 40 EUROPE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY COUNTRY, 2019–2026 (USD MILLION) 78
TABLE 41 EUROPE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY TYPE, 2019–2026 (TON) 78
TABLE 42 EUROPE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY TYPE, 2019–2026 (USD MILLION) 79
TABLE 43 EUROPE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 79
TABLE 44 EUROPE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 79
8.3.1 GERMANY 79
8.3.1.1 Expansion of healthcare & hygiene sector creates favorable conditions for market growth 79
TABLE 45 GERMANY: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 80
TABLE 46 GERMANY: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 80
8.3.2 FRANCE 80
8.3.2.1 Rising demand for cleaning and washing products to increase demand for acrylic polymer 80
TABLE 47 FRANCE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 81
TABLE 48 FRANCE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 81
8.3.3 UK 81
8.3.3.1 Rise in spending on health and hygiene to drive UK acrylic polymer market 81
TABLE 49 UK: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 82
TABLE 50 UK: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 82
8.3.4 ITALY 82
8.3.4.1 Increasing industrial and institutional cleaning to drive market 82
TABLE 51 ITALY: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 83
TABLE 52 ITALY: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 83
8.3.5 SPAIN 83
8.3.5.1 Growth in laundry & detergent application to drive market 83
TABLE 53 SPAIN: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 84
TABLE 54 SPAIN: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 84
8.3.6 RUSSIA 84
8.3.6.1 Increasing investment in cleaning products to drive market 84
TABLE 55 RUSSIA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 85
TABLE 56 RUSSIA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 85
8.3.7 BENELUX 85
8.3.7.1 Increasing exports and imports of acrylic polymer to drive market 85
TABLE 57 BENELUX: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 86
TABLE 58 BENELUX: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 86
8.3.8 NORDIC COUNTRIES 86
8.3.8.1 Steady growth in demand for cleaning products to drive the market 86
TABLE 59 NORDIC COUNTRIES: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (TON) 87
TABLE 60 NORDIC COUNTRIES: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (USD MILLION) 87
8.3.9 REST OF EUROPE 87
TABLE 61 REST OF EUROPE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (TON) 87
TABLE 62 REST OF EUROPE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (USD MILLION) 88
8.4 ASIA PACIFIC 88
FIGURE 27 ASIA PACIFIC: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION SNAPSHOT 89
TABLE 63 ASIA PACIFIC: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY COUNTRY, 2019–2026 (TON) 89
TABLE 64 ASIA PACIFIC: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY COUNTRY, 2019–2026 (USD MILLION) 90
TABLE 65 ASIA PACIFIC: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY TYPE, 2019–2026 (TON) 90
TABLE 66 ASIA PACIFIC: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY TYPE, 2019–2026 (USD MILLION) 90
TABLE 67 ASIA PACIFIC: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 90
TABLE 68 ASIA PACIFIC: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 91
8.4.1 CHINA 91
8.4.1.1 Healthy growth of cleaning industry is major driver of acrylic polymer market 91
TABLE 69 CHINA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 91
TABLE 70 CHINA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 92
8.4.2 JAPAN 92
8.4.2.1 Strong cleaning standards and regulations in country to drive market 92
TABLE 71 JAPAN SOAP, SYNTHETIC DETERGENTS, AND SURFACEACTIVE AGENTS PRODUCTION, 2020 (TON) 92
TABLE 72 JAPAN: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 93
TABLE 73 JAPAN: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 93
8.4.3 INDIA 93
8.4.3.1 Growing awareness pertaining to hygiene and cleaning coupled with changing lifestyle supporting market growth 93
TABLE 74 INDIA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 94
TABLE 75 INDIA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 94
8.4.4 SOUTH KOREA 94
8.4.4.1 Personal and household care products will support growth of acrylic polymer market 94
TABLE 76 SOUTH KOREA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 95
TABLE 77 SOUTH KOREA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 95
8.4.5 ASEAN COUNTRIES 95
8.4.5.1 Rising health & hygiene concerns to boost market 95
TABLE 78 ASEAN COUNTRIES: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (TON) 96
TABLE 79 ASEAN COUNTRIES: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (USD MILLION) 96
8.4.6 REST OF ASIA PACIFIC 96
TABLE 80 REST OF ASIA PACIFIC: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (TON) 96
TABLE 81 REST OF ASIA PACIFIC: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (USD MILLION) 97
8.5 REST OF WORLD 97
TABLE 82 REST OF WORLD: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY COUNTRY, 2019–2026 (TON) 97
TABLE 83 REST OF WORLD: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY COUNTRY, 2019–2026 (USD MILLION) 98
TABLE 84 REST OF WORLD: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY TYPE, 2019–2026 (TON) 98
TABLE 85 REST OF WORLD: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY TYPE, 2019–2026 (USD MILLION) 98
TABLE 86 REST OF WORLD: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (TON) 98
TABLE 87 REST OF WORLD: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION, BY APPLICATION, 2019–2026 (USD MILLION) 99
8.5.1 SAUDI ARABIA 99
8.5.1.1 Increasing demand for detergents & industrial cleaning products to drive growth of acrylic polymer market 99
TABLE 88 SAUDI ARABIA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 99
TABLE 89 SAUDI ARABIA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 100
8.5.2 UAE 100
8.5.2.1 Rapid urbanization expected to propel growth of UAE market 100
TABLE 90 UAE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 100
TABLE 91 UAE: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 101
8.5.3 BRAZIL 101
8.5.3.1 Brazil is one of largest markets for acrylic polymer in cleaning application in Rest of World 101
TABLE 92 BRAZIL: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 101
TABLE 93 BRAZIL: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 102
8.5.4 SOUTH AFRICA 102
8.5.4.1 Growth in consumer awareness regarding cleaning & personal hygiene products 102
TABLE 94 SOUTH AFRICA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 102
TABLE 95 SOUTH AFRICA: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 103
8.5.5 OTHERS 103
TABLE 96 OTHERS: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (TON) 103
TABLE 97 OTHERS: ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION,
BY APPLICATION, 2019–2026 (USD MILLION) 103
9 COMPETITIVE LANDSCAPE 104
9.1 INTRODUCTION 104
FIGURE 28 COMPANIES MAINLY ADOPTED INORGANIC GROWTH STRATEGIES BETWEEN 2018 AND 2021 104
9.2 MARKET SHARE ANALYSIS 105
FIGURE 29 MARKET SHARE OF KEY PLAYERS, 2020 105
TABLE 98 ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION: DEGREE OF COMPETITION 105
TABLE 99 STRATEGIC POSITIONING OF KEY PLAYERS 106
9.3 COMPETITIVE SITUATION & TRENDS 107
9.3.1 EXPANSIONS 107
TABLE 100 EXPANSIONS, 2018-2021 107
9.3.2 DEALS 108
TABLE 101 DEALS, 2018–2021 108
10 COMPANY PROFILE 109
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
10.1 KEY PLAYERS 109
10.1.1 DOW INC. 109
TABLE 102 DOW INC.: COMPANY OVERVIEW 109
FIGURE 30 DOW INC.: COMPANY SNAPSHOT 110
FIGURE 31 DOW'S CAPABILITY IN ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION 111
10.1.2 BASF SE 112
TABLE 103 BASF SE: BUSINESS OVERVIEW 112
FIGURE 32 BASF SE: COMPANY SNAPSHOT 113
TABLE 104 BASF SE.: DEALS 114
FIGURE 33 BASF'S CAPABILITY IN ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION 116
10.1.3 TOAGOSEI CO., LTD. 117
TABLE 105 TOAGOSEI CO., LTD.: COMPANY OVERVIEW 117
FIGURE 34 TOAGOSEI CO., LTD: COMPANY SNAPSHOT 117
FIGURE 35 TOAGOSEI'S CAPABILITIES IN ACRYLIC
POLYMER MARKET FOR CLEANING APPLICATION 119
10.1.4 SUMITOMO SEIKA CHEMICALS CO., LTD. 120
TABLE 106 SUMITOMO SEIKA CHEMICALS CO., LTD.: BUSINESS OVERVIEW 120
FIGURE 36 SUMITOMO SEIKA CHEMICALS CO., LTD.: COMPANY SNAPSHOT 120
TABLE 107 SUMITOMO SEIKA CHEMICALS CO. LTD.:
PRODUCT/SOLUTION/SERVICE OFFERED 121
10.1.5 ARKEMA 122
TABLE 108 ARKEMA: BUSINESS OVERVIEW 122
FIGURE 37 ARKEMA: COMPANY SNAPSHOT 122
FIGURE 38 ARKEMA'S CAPABILITY IN ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION 124
10.1.6 NIPPON SHOKUBAI CO. LTD. 125
TABLE 109 NIPPON SHOKUBAI CO.LTD.: BUSINESS OVERVIEW 125
FIGURE 39 NIPPON SHOKUBAI: COMPANY SNAPSHOT 125
TABLE 110 NIPPON SHOKUBAI CO. LTD.: DEALS 126
FIGURE 40 NIPPON SHOKUBAI'S CAPABILITIES IN ACRYLIC POLYMER MARKET FOR CLEANING APPLICATION 127
10.1.7 ASHLAND GLOBAL HOLDINGS, INC. 128
TABLE 111 ASHLAND GLOBAL HOLDINGS, INC.: BUSINESS OVERVIEW 128
FIGURE 41 ASHLAND GLOBAL HOLDINGS, INC: COMPANY SNAPSHOT 128
TABLE 112 ASHLAND GLOBAL HOLDINGS, INC.:
PRODUCT/SOLUTION/SERVICE OFFERED 129
TABLE 113 ASHLAND GLOBAL HOLDINGS, INC.: DEALS 129
10.2 OTHER KEY PLAYERS 131
10.2.1 THE LUBRIZOL CORPORATION 131
TABLE 114 THE LUBRIZOL CORPORATION: BUSINESS OVERVIEW 131
10.2.2 CHEMIPOL, S.A. 131
TABLE 115 CHEMIPOL, S.A.: BUSINESS OVERVIEW 131
10.2.3 ANSHIKA POLYSURF LIMITED 132
TABLE 116 ANSHIKA POLYSURF LIMITED: COMPANY OVERVIEW 132
10.2.4 MCTRON 132
TABLE 117 MCTRON: COMPANY OVERVIEW 132
10.2.5 WEIFANG RUIGUANG CHEMICAL 133
TABLE 118 WEIFANG RUIGUANG CHEMICAL: COMPANY OVERVIEW 133
10.2.6 PIKA INDIA TECHNOLOGIES 133
TABLE 119 PIKA INDIA TECHNOLOGIES: COMPANY OVERVIEW 133
10.2.7 NOURYON 134
TABLE 120 NOURYON: COMPANY OVERVIEW 134
10.2.8 GELLNER INDUSTRIAL 134
TABLE 121 GELLNER INDUSTRIAL: COMPANY OVERVIEW 134
10.2.9 GROUPE PROTEX INTERNATIONAL 135
TABLE 122 GROUPE PROTEX INTERNATIONAL: COMPANY OVERVIEW 135
10.2.10 ANHUI NEWMAN FINE CHEMICALS CO., LTD. 135
TABLE 123 ANHUI NEWMAN FINE CHEMICALS CO., LTD.: COMPANY OVERVIEW 135
10.2.11 MAXWELL ADDITIVES PRIVATE LIMITED 136
TABLE 124 MAXWELL ADDITIVES PRIVATE LIMITED: COMPANY OVERVIEW 136
10.2.12 SOLVAY SA 136
TABLE 125 SOLVAY: COMPANY OVERVIEW 136
10.2.13 SHANGHAI BAOLIJIA CHEMICAL LIMITED 137
TABLE 126 SHANGHAI BAOLIJIA CHEMICAL LIMITED: COMPANY OVERVIEW 137
10.2.14 KAMSONS CHEMICALS PVT. LTD. 137
TABLE 127 KAMSONS CHEMICALS PVT. LTD.: COMPANY OVERVIEW 137
10.2.15 STI POLYMER 138
TABLE 128 STI POLYMER: COMPANY OVERVIEW 138
10.2.16 MICHELMAN 138
TABLE 129 MICHELMAN: COMPANY OVERVIEW 138
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
11 APPENDIX 139
11.1 DISCUSSION GUIDE 139
11.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 141
11.3 AVAILABLE CUSTOMIZATIONS 143
11.4 RELATED REPORTS 143
11.5 AUTHOR DETAILS 144
MarketsandMarkets
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1 INTRODUCTION 30
1.1 OBJECTIVES OF THE STUDY 30
1.2 MARKET DEFINITION 30
1.2.1 INCLUSIONS & EXCLUSIONS OF THE STUDY 31
1.3 MARKET SCOPE 32
1.3.1 MARKETS COVERED 32
FIGURE 1 METAGENOMIC SEQUENCING MARKET SEGMENTATION 32
1.3.2 YEARS CONSIDERED FOR THE STUDY 33
1.4 CURRENCY 33
1.5 LIMITATIONS 33
1.6 STAKEHOLDERS 34
1.7 SUMMARY OF CHANGES 34
2 RESEARCH METHODOLOGY 35
2.1 RESEARCH DATA 35
FIGURE 2 RESEARCH DESIGN 35
2.1.1 SECONDARY DATA 36
2.1.2 PRIMARY DATA 37
FIGURE 3 PRIMARY SOURCES 37
FIGURE 4 METAGENOMIC SEQUENCING MARKET: BREAKDOWN OF PRIMARIES 38
2.1.2.1 Key industry insights 39
2.2 MARKET SIZE ESTIMATION 39
FIGURE 5 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS, 2021 39
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP (SUPPLY SIDE) – COLLECTIVE REVENUE OF ALL METAGENOMIC SEQUENCING
PRODUCTS & SERVICES 40
FIGURE 7 METAGENOMIC SEQUENCING MARKET: CAGR PROJECTIONS, 2022–2027 42
FIGURE 8 METAGENOMIC SEQUENCING MARKET: GROWTH ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 42
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 44
FIGURE 9 DATA TRIANGULATION METHODOLOGY 44
2.4 RESEARCH LIMITATIONS 45
2.5 GROWTH RATE ASSUMPTIONS 45
2.6 RISK ANALYSIS 45
3 EXECUTIVE SUMMARY 46
FIGURE 10 METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE,
2022 VS. 2027 (USD MILLION) 46
FIGURE 11 METAGENOMIC SEQUENCING MARKET, BY WORKFLOW, 2021 47
FIGURE 12 METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2022 VS. 2027 (USD MILLION) 48
FIGURE 13 METAGENOMIC SEQUENCING MARKET SHARE, BY TECHNOLOGY, 2021 49
FIGURE 14 GEOGRAPHICAL SNAPSHOT OF THE METAGENOMIC SEQUENCING MARKET 50
4 PREMIUM INSIGHTS 51
4.1 METAGENOMIC SEQUENCING MARKET OVERVIEW 51
FIGURE 15 TECHNOLOGICAL INNOVATIONS IN NGS PLATFORMS—A KEY FACTOR DRIVING GROWTH IN THE METAGENOMIC SEQUENCING MARKET 51
4.2 ASIA PACIFIC: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY
& COUNTRY (2021) 52
FIGURE 16 16S RRNA SEQUENCING TECHNOLOGY ACCOUNTED FOR THE LARGEST SHARE OF THE ASIA PACIFIC MARKET IN 2021 52
4.3 METAGENOMIC SEQUENCING MARKET SHARE FOR INDUSTRIAL APPLICATIONS,
BY TYPE, 2021 53
FIGURE 17 ENERGY APPLICATION SEGMENT DOMINATED THE MARKET IN 2021 53
5 MARKET OVERVIEW 54
5.1 INTRODUCTION 54
5.2 MARKET DYNAMICS 54
FIGURE 18 METAGENOMIC SEQUENCING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 54
5.2.1 DRIVERS 55
5.2.1.1 Continuous technological innovations in NGS platforms 55
5.2.1.1.1 iSeq 100 System 55
5.2.1.1.2 Ion GeneStudio S5 55
5.2.1.2 Initiatives and funding from government & private bodies for large-scale sequencing projects 55
TABLE 1 GLOBAL SEQUENCING INITIATIVES 56
5.2.1.3 Declining costs of genome sequencing 57
FIGURE 19 COST OF HUMAN WHOLE-GENOME SEQUENCING, 2001–2020 57
5.2.1.4 Significant applications of metagenomics in various fields 57
5.2.2 RESTRAINTS 58
5.2.2.1 End-user budget constraints in developing countries 58
5.2.3 OPPORTUNITIES 59
5.2.3.1 NGS data analysis using big data 59
FIGURE 20 DATA PRODUCTION DURING HUMAN WHOLE-GENOME SEQUENCING,
2001–2019 59
5.2.4 CHALLENGES 60
5.2.4.1 Challenges associated with metagenomic NGS 60
5.3 IMPACT OF COVID-19 ON THE METAGENOMIC SEQUENCING MARKET 61
5.4 PORTER’S FIVE FORCES ANALYSIS 63
TABLE 2 METAGENOMIC SEQUENCING MARKET: PORTER’S FIVE FORCES ANALYSIS 63
5.4.1 THREAT OF NEW ENTRANTS 63
5.4.2 THREAT OF SUBSTITUTES 63
5.4.3 BARGAINING POWER OF SUPPLIERS 63
5.4.4 BARGAINING POWER OF BUYERS 63
5.4.5 COMPETITIVE RIVALRY AMONG EXISTING PLAYERS 64
5.5 VALUE CHAIN ANALYSIS 64
FIGURE 21 VALUE CHAIN ANALYSIS OF THE METAGENOMIC SEQUENCING MARKET: MANUFACTURING AND ASSEMBLY PHASES ADD MAXIMUM VALUE 64
FIGURE 22 VALUE CHAIN: METAGENOMIC SEQUENCING ANALYSIS WORKFLOW —MAXIMUM VALUE IS ADDED DURING THE SEQUENCING AND
ANALYSIS PHASES 65
5.6 ECOSYSTEM ANALYSIS 66
FIGURE 23 ECOSYSTEM ANALYSIS: METAGENOMIC SEQUENCING MARKET 66
TABLE 3 SUPPLY CHAIN ECOSYSTEM 66
5.7 PATENT ANALYSIS 67
5.7.1 TOP 10 GRANTED PATENT OWNERS IN THE LAST 20 YEARS 67
5.7.2 TOP 10 PLAYERS WITH THE HIGHEST NO. OF PATENT APPLICATIONS 68
5.7.3 LIST OF RECENT PATENTS 68
5.8 SUPPLY CHAIN ANALYSIS 69
FIGURE 24 DIRECT DISTRIBUTION—THE PREFERRED STRATEGY FOR PROMINENT COMPANIES 70
5.9 REGULATORY ANALYSIS 70
5.9.1 NORTH AMERICA 70
5.9.1.1 US 70
TABLE 4 US FDA: MEDICAL DEVICE CLASSIFICATION 71
TABLE 5 US: MEDICAL DEVICE REGULATORY APPROVAL PROCESS 71
5.9.1.2 Canada 72
5.9.2 EUROPE 72
5.9.3 ASIA PACIFIC 73
5.9.3.1 China 73
TABLE 6 CHINA: CLASSIFICATION OF MEDICAL DEVICES 73
5.9.3.2 Japan 73
5.9.3.3 India 73
5.9.4 LATIN AMERICA 74
5.9.5 MIDDLE EAST 74
5.10 PRICING ANALYSIS 74
TABLE 7 AVERAGE SELLING PRICE OF NGS SYSTEMS (2020) 74
5.11 RANGES/SCENARIOS 75
FIGURE 25 DEPENDING ON HOW THE UNCERTAINTIES UNFOLD, WE SEE A SPECTRUM OF SCENARIOS FOR THE METAGENOMIC SEQUENCING MARKET 75
5.12 TRADE ANALYSIS 75
5.12.1 TRADE ANALYSIS FOR METAGENOMIC SEQUENCING MARKET 75
TABLE 8 IMPORT DATA FOR HS CODE 902780, BY COUNTRY,
2016-2020 (USD THOUSAND) 75
TABLE 9 EXPORT DATA FOR HS CODE 902780, BY COUNTRY,
2016-2020 (USD THOUSAND) 76
5.13 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 76
5.14 KEY CONFERENCES & EVENTS, 2022 77
TABLE 10 METAGENOMIC SEQUENCING MARKET: DETAILED LIST OF CONFERENCES & EVENTS 77
5.15 KEY STAKEHOLDERS & BUYING CRITERIA 78
TABLE 11 INFLUENCE OF STAKEHOLDERS IN THE BUYING PROCESS FOR THE TOP THREE APPLICATIONS (%) 78
TABLE 12 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 78
6 METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE 79
6.1 INTRODUCTION 80
TABLE 13 METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE,
2020–2027 (USD MILLION) 80
6.2 REAGENTS & CONSUMABLES 80
6.2.1 RISING ADOPTION OF METAGENOMIC SEQUENCING IS DRIVING
THE USE OF REAGENTS & CONSUMABLES 80
TABLE 14 METAGENOMIC SEQUENCING REAGENTS & CONSUMABLES MARKET,
BY REGION, 2020–2027 (USD MILLION) 81
TABLE 15 NORTH AMERICA: METAGENOMIC SEQUENCING REAGENTS & CONSUMABLES MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 81
TABLE 16 EUROPE: METAGENOMIC SEQUENCING REAGENTS & CONSUMABLES MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 81
TABLE 17 APAC: METAGENOMIC SEQUENCING REAGENTS & CONSUMABLES MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 82
6.3 INSTRUMENTS 82
6.3.1 LAUNCH OF ADVANCED NGS PLATFORMS WILL SUPPORT
THE GROWTH OF THIS SEGMENT 82
TABLE 18 METAGENOMIC SEQUENCING INSTRUMENTS MARKET, BY REGION,
2020–2027 (USD MILLION) 83
TABLE 19 NORTH AMERICA: METAGENOMIC SEQUENCING INSTRUMENTS MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 83
TABLE 20 EUROPE: METAGENOMIC SEQUENCING INSTRUMENTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 83
TABLE 21 APAC: METAGENOMIC SEQUENCING INSTRUMENTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 84
6.4 SERVICES 84
6.4.1 TIME AND COST-EFFECTIVENESS OF OUTSOURCING NGS PROJECTS HAS DRIVEN THE DEMAND FOR SERVICES 84
TABLE 22 METAGENOMIC SEQUENCING SERVICES MARKET, BY REGION,
2020–2027 (USD MILLION) 84
TABLE 23 NORTH AMERICA: METAGENOMIC SEQUENCING SERVICES MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 85
TABLE 24 EUROPE: METAGENOMIC SEQUENCING SERVICES MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 85
TABLE 25 APAC: METAGENOMIC SEQUENCING SERVICES MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 85
6.5 ANALYSIS & DATA INTERPRETATION SOLUTIONS 86
6.5.1 LIMITED TECHNICAL KNOWLEDGE OF ADVANCED ANALYSIS SOLUTIONS AMONG END USERS TO HAMPER MARKET GROWTH 86
TABLE 26 METAGENOMIC SEQUENCING ANALYSIS & DATA INTERPRETATION SOLUTIONS MARKET, BY REGION, 2020–2027 (USD MILLION) 86
TABLE 27 NORTH AMERICA: METAGENOMIC SEQUENCING ANALYSIS & DATA INTERPRETATION SOLUTIONS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 86
TABLE 28 EUROPE: METAGENOMIC SEQUENCING ANALYSIS & DATA INTERPRETATION SOLUTIONS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 87
TABLE 29 APAC: METAGENOMIC SEQUENCING ANALYSIS & DATA INTERPRETATION SOLUTIONS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 87
7 METAGENOMIC SEQUENCING MARKET, BY WORKFLOW 88
7.1 INTRODUCTION 89
TABLE 30 METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 89
7.2 SAMPLE PROCESSING & LIBRARY PREPARATION 89
7.2.1 AVAILABILITY OF TECHNOLOGICALLY ADVANCED SAMPLE PROCESSING AND LIBRARY PREPARATION ASSAY KITS IS DRIVING MARKET GROWTH 89
TABLE 31 SAMPLE PROCESSING & LIBRARY PREPARATION MARKET, BY REGION, 2020–2027 (USD MILLION) 90
TABLE 32 NORTH AMERICA: SAMPLE PROCESSING & LIBRARY PREPARATION MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 90
TABLE 33 EUROPE: SAMPLE PROCESSING & LIBRARY PREPARATION MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 91
TABLE 34 APAC: SAMPLE PROCESSING & LIBRARY PREPARATION MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 91
7.3 SEQUENCING 91
7.3.1 SANGER SEQUENCING HAS BEEN SUPPLANTED BY NGS DUE TO ITS ADVANTAGES AND RAPIDITY 91
TABLE 35 SEQUENCING MARKET, BY REGION, 2020–2027 (USD MILLION) 92
TABLE 36 NORTH AMERICA: SEQUENCING MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 92
TABLE 37 EUROPE: SEQUENCING MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 92
TABLE 38 APAC: SEQUENCING MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 93
7.4 DATA PROCESSING & ANALYSIS 93
7.4.1 NEED FOR SKILLED PERSONNEL TO OPERATE DATA PROCESSING AND ANALYTICS TOOLS HAS SLOWED MARKET GROWTH 93
TABLE 39 DATA PROCESSING & ANALYSIS MARKET, BY REGION,
2020–2027 (USD MILLION) 94
TABLE 40 NORTH AMERICA: DATA PROCESSING & ANALYSIS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 94
TABLE 41 EUROPE: DATA PROCESSING & ANALYSIS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 94
TABLE 42 APAC: DATA PROCESSING & ANALYSIS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 95
8 METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY 96
8.1 INTRODUCTION 97
TABLE 43 METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 97
8.2 16S RRNA SEQUENCING 97
8.2.1 16S RRNA SEQUENCING IS A COST-EFFECTIVE TECHNIQUE FOR THE IDENTIFICATION OF BACTERIAL STRAINS 97
TABLE 44 16S RRNA SEQUENCING MARKET, BY REGION, 2020–2027 (USD MILLION) 98
TABLE 45 NORTH AMERICA: 16S RRNA SEQUENCING MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 98
TABLE 46 EUROPE: 16S RRNA SEQUENCING MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 99
TABLE 47 APAC: 16S RRNA SEQUENCING MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 99
8.3 SHOTGUN METAGENOMIC SEQUENCING 99
8.3.1 SHOTGUN METAGENOMIC SEQUENCING SEGMENT TO WITNESS THE HIGHEST GROWTH RATE DURING THE FORECAST PERIOD 99
TABLE 48 SHOTGUN METAGENOMIC SEQUENCING MARKET, BY REGION,
2020–2027 (USD MILLION) 100
TABLE 49 NORTH AMERICA: SHOTGUN METAGENOMIC SEQUENCING MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 100
TABLE 50 EUROPE: SHOTGUN METAGENOMIC SEQUENCING MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 101
TABLE 51 APAC: SHOTGUN METAGENOMIC SEQUENCING MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 101
8.4 WHOLE-GENOME SEQUENCING & DE NOVO ASSEMBLY 101
8.4.1 WGS HELPS GENERATE ACCURATE REFERENCE GENOMES FOR MICROBIAL IDENTIFICATION 101
TABLE 52 WHOLE-GENOME SEQUENCING & DE NOVO ASSEMBLY MARKET, BY REGION, 2020–2027 (USD MILLION) 102
TABLE 53 NORTH AMERICA: WHOLE-GENOME SEQUENCING & DE NOVO ASSEMBLY MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 102
TABLE 54 EUROPE: WHOLE-GENOME SEQUENCING & DE NOVO ASSEMBLY MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 103
TABLE 55 APAC: WHOLE-GENOME SEQUENCING & DE NOVO ASSEMBLY MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 103
8.5 METATRANSCRIPTOMICS 103
8.5.1 METATRANSCRIPTOMICS HELPS IN THE UNDERSTANDING OF THE ACTIVE FUNCTIONAL PROFILE OF A MICROBIAL COMMUNITY 103
TABLE 56 METATRANSCRIPTOMICS MARKET, BY REGION, 2020–2027 (USD MILLION) 104
TABLE 57 NORTH AMERICA: METATRANSCRIPTOMICS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 105
TABLE 58 EUROPE: METATRANSCRIPTOMICS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 105
TABLE 59 APAC: METATRANSCRIPTOMICS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 105
9 METAGENOMIC SEQUENCING MARKET, BY APPLICATION 106
9.1 INTRODUCTION 107
TABLE 60 METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 107
9.2 DRUG DISCOVERY 107
9.2.1 DRUG DISCOVERY ACCOUNTS FOR THE LARGEST SHARE OF THE METAGENOMIC SEQUENCING MARKET 107
TABLE 61 METAGENOMIC SEQUENCING MARKET FOR DRUG DISCOVERY, BY REGION, 2020–2027 (USD MILLION) 108
TABLE 62 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR DRUG DISCOVERY, BY COUNTRY, 2020–2027 (USD MILLION) 108
TABLE 63 EUROPE: METAGENOMIC SEQUENCING MARKET FOR DRUG DISCOVERY,
BY COUNTRY, 2020–2027 (USD MILLION) 108
TABLE 64 APAC: METAGENOMIC SEQUENCING MARKET FOR DRUG DISCOVERY,
BY COUNTRY, 2020–2027 (USD MILLION) 109
9.3 CLINICAL DIAGNOSTICS 109
9.3.1 ADVANTAGES OF METAGENOMIC NGS HAVE ENABLED WIDE APPLICATIONS IN DIAGNOSTICS 109
TABLE 65 METAGENOMIC SEQUENCING MARKET FOR CLINICAL DIAGNOSTICS,
BY REGION, 2020–2027 (USD MILLION) 110
TABLE 66 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR CLINICAL DIAGNOSTICS, BY COUNTRY, 2020–2027 (USD MILLION) 110
TABLE 67 EUROPE: METAGENOMIC SEQUENCING MARKET FOR CLINICAL DIAGNOSTICS, BY COUNTRY, 2020–2027 (USD MILLION) 110
TABLE 68 APAC: METAGENOMIC SEQUENCING MARKET FOR CLINICAL DIAGNOSTICS, BY COUNTRY, 2020–2027 (USD MILLION) 111
9.4 SOIL MICROBIOME APPLICATIONS 111
9.4.1 NORTH AMERICA SHOWS HIGH DEMAND FOR METAGENOMIC SEQUENCING IN SOIL MICROBIOME APPLICATIONS 111
TABLE 69 METAGENOMIC SEQUENCING MARKET FOR SOIL MICROBIOME APPLICATIONS, BY REGION, 2020–2027 (USD MILLION) 111
TABLE 70 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR SOIL MICROBIOME APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 112
TABLE 71 EUROPE: METAGENOMIC SEQUENCING MARKET FOR SOIL MICROBIOME APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 112
TABLE 72 APAC: METAGENOMIC SEQUENCING MARKET FOR SOIL MICROBIOME APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 112
9.5 INDUSTRIAL APPLICATIONS 113
TABLE 73 METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS,
BY REGION, 2020–2027 (USD MILLION) 113
TABLE 74 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 113
TABLE 75 EUROPE: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 114
TABLE 76 APAC: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 114
TABLE 77 METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS,
BY TYPE, 2020–2027 (USD MILLION) 114
9.5.1 ENERGY 115
9.5.1.1 Declining fossil fuel reserves and growing energy needs will drive market growth 115
TABLE 78 METAGENOMIC SEQUENCING MARKET FOR ENERGY APPLICATIONS,
BY REGION, 2020–2027 (USD MILLION) 115
TABLE 79 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR ENERGY APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 115
TABLE 80 EUROPE: METAGENOMIC SEQUENCING MARKET FOR ENERGY APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 116
TABLE 81 APAC: METAGENOMIC SEQUENCING MARKET FOR ENERGY APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 116
9.5.2 BIOREMEDIATION 116
9.5.2.1 Need to monitor pollutant impact and contamination will provide opportunities for metagenomic sequencing in bioremediation 116
TABLE 82 METAGENOMIC SEQUENCING MARKET FOR BIOREMEDIATION, BY REGION, 2020–2027 (USD MILLION) 117
TABLE 83 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR BIOREMEDIATION, BY COUNTRY, 2020–2027 (USD MILLION) 117
TABLE 84 EUROPE: METAGENOMIC SEQUENCING MARKET FOR BIOREMEDIATION,
BY COUNTRY, 2020–2027 (USD MILLION) 117
TABLE 85 APAC: METAGENOMIC SEQUENCING MARKET FOR BIOREMEDIATION,
BY COUNTRY, 2020–2027 (USD MILLION) 118
9.5.3 OTHER INDUSTRIAL APPLICATIONS 118
TABLE 86 METAGENOMIC SEQUENCING MARKET FOR OTHER INDUSTRIAL APPLICATIONS, BY REGION, 2020–2027 (USD MILLION) 118
TABLE 87 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR OTHER INDUSTRIAL APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 119
TABLE 88 EUROPE: METAGENOMIC SEQUENCING MARKET FOR OTHER INDUSTRIAL APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 119
TABLE 89 APAC: METAGENOMIC SEQUENCING MARKET FOR OTHER INDUSTRIAL APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 119
9.6 ECOLOGICAL & ENVIRONMENTAL APPLICATIONS 120
9.6.1 METAGENOMIC SEQUENCING CAN HELP IDENTIFY INVASIVE AND ENDANGERED SPECIES 120
TABLE 90 METAGENOMIC SEQUENCING MARKET FOR ECOLOGICAL & ENVIRONMENTAL APPLICATIONS, BY REGION, 2020–2027 (USD MILLION) 120
TABLE 91 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR ECOLOGICAL & ENVIRONMENTAL APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 120
TABLE 92 EUROPE: METAGENOMIC SEQUENCING MARKET FOR ECOLOGICAL & ENVIRONMENTAL APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 121
TABLE 93 APAC: METAGENOMIC SEQUENCING MARKET FOR ECOLOGICAL & ENVIRONMENTAL APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 121
9.7 VETERINARY APPLICATIONS 121
9.7.1 DEMAND FOR RAPID AND ACCURATE PATHOGEN DIAGNOSIS IS SUPPORTING THE DEMAND FOR SEQUENCING 121
TABLE 94 METAGENOMIC SEQUENCING MARKET FOR VETERINARY APPLICATIONS,
BY REGION, 2020–2027 (USD MILLION) 122
TABLE 95 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR VETERINARY APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 122
TABLE 96 EUROPE: METAGENOMIC SEQUENCING MARKET FOR VETERINARY APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 122
TABLE 97 APAC: METAGENOMIC SEQUENCING MARKET FOR VETERINARY APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 123
9.8 OTHER APPLICATIONS 123
TABLE 98 METAGENOMIC SEQUENCING MARKET FOR OTHER APPLICATIONS,
BY REGION, 2020–2027 (USD MILLION) 123
TABLE 99 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR OTHER APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 124
TABLE 100 EUROPE: METAGENOMIC SEQUENCING MARKET FOR OTHER APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 124
TABLE 101 APAC: METAGENOMIC SEQUENCING MARKET FOR OTHER APPLICATIONS,
BY COUNTRY, 2020–2027 (USD MILLION) 124
10 METAGENOMIC SEQUENCING MARKET, BY REGION 125
10.1 INTRODUCTION 126
TABLE 102 METAGENOMIC SEQUENCING MARKET, BY REGION,
2020–2027 (USD MILLION) 126
10.2 NORTH AMERICA 126
FIGURE 26 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET SNAPSHOT 127
TABLE 103 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 128
TABLE 104 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW, 2020–2027 (USD MILLION) 128
TABLE 105 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 128
TABLE 106 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 129
TABLE 107 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 129
TABLE 108 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 130
10.2.1 US 130
10.2.1.1 Well-established infrastructure and funding sources available for NGS-based small- and medium-sized research projects make the US the largest market in North America 130
TABLE 109 US: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 131
TABLE 110 US: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE,
2020–2027 (USD MILLION) 131
TABLE 111 US: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 132
TABLE 112 US: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 132
TABLE 113 US: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 132
10.2.2 CANADA 133
10.2.2.1 Increasing government initiatives and workshops to support growth in this market 133
TABLE 114 CANADA: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 133
TABLE 115 CANADA: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 134
TABLE 116 CANADA: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 134
TABLE 117 CANADA: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 135
TABLE 118 CANADA: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 135
10.3 EUROPE 135
TABLE 119 EUROPE: METAGENOMIC SEQUENCING MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 136
TABLE 120 EUROPE: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 136
TABLE 121 EUROPE: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 137
TABLE 122 EUROPE: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 137
TABLE 123 EUROPE: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 138
TABLE 124 EUROPE: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 138
10.3.1 GERMANY 139
10.3.1.1 Germany has witnessed a significant increase in investments in next-generation technologies, making it the largest market in Europe 139
TABLE 125 GERMANY: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 140
TABLE 126 GERMANY: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 140
TABLE 127 GERMANY: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 140
TABLE 128 GERMANY: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 141
TABLE 129 GERMANY: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 141
10.3.2 FRANCE 141
10.3.2.1 Government initiatives to support genomics research drive growth in the metagenomic sequencing market in France 141
TABLE 130 FRANCE: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 142
TABLE 131 FRANCE: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 142
TABLE 132 FRANCE: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 143
TABLE 133 FRANCE: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 143
TABLE 134 FRANCE: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 144
10.3.3 UK 144
10.3.3.1 Favorable funding scenario for genomics research in the country to support the adoption of NGS 144
TABLE 135 UK: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 145
TABLE 136 UK: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE,
2020–2027 (USD MILLION) 145
TABLE 137 UK: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 146
TABLE 138 UK: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 146
TABLE 139 UK: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 146
10.3.4 REST OF EUROPE 147
TABLE 140 ROE: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 147
TABLE 141 ROE: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 148
TABLE 142 ROE: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 148
TABLE 143 ROE: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 149
TABLE 144 ROE: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 149
10.4 ASIA PACIFIC 149
FIGURE 27 ASIA PACIFIC: METAGENOMIC SEQUENCING MARKET SNAPSHOT 150
TABLE 145 ASIA PACIFIC: METAGENOMIC SEQUENCING MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 151
TABLE 146 ASIA PACIFIC: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW, 2020–2027 (USD MILLION) 151
TABLE 147 ASIA PACIFIC: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 151
TABLE 148 ASIA PACIFIC: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 152
TABLE 149 ASIA PACIFIC: METAGENOMIC SEQUENCING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 152
TABLE 150 ASIA PACIFIC: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 153
10.4.1 CHINA 153
10.4.1.1 Several key market players are focusing on strengthening their presence and offerings in China—a key factor driving market growth 153
TABLE 151 CHINA: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 154
TABLE 152 CHINA: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 154
TABLE 153 CHINA: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 155
TABLE 154 CHINA: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 155
TABLE 155 CHINA: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 156
10.4.2 JAPAN 156
10.4.2.1 Rising use of metagenomic sequencing for various applications to drive market growth in Japan 156
TABLE 156 JAPAN: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 157
TABLE 157 JAPAN: METAGENOMIC SEQUENCING MARKET, BY PRODUCT &
SERVICE, 2020–2027 (USD MILLION) 157
TABLE 158 JAPAN: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 158
TABLE 159 JAPAN: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 158
TABLE 160 JAPAN: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 159
10.4.3 INDIA 159
10.4.3.1 Increasing adoption of strategies such as collaborations and partnerships by various private and government bodies to drive market growth 159
TABLE 161 INDIA: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 160
TABLE 162 INDIA: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 160
TABLE 163 INDIA: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 161
TABLE 164 INDIA: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 161
TABLE 165 INDIA: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 162
10.4.4 REST OF ASIA PACIFIC 162
TABLE 166 ROAPAC: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 163
TABLE 167 ROAPAC: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 163
TABLE 168 ROAPAC: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 163
TABLE 169 ROAPAC: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 164
TABLE 170 ROAPAC: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 164
10.4.5 LATIN AMERICA 164
10.4.5.1 Introduction of low-cost sequencing technologies is expected to drive the market 164
TABLE 171 LATAM: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 165
TABLE 172 LATAM: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 165
TABLE 173 LATAM: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 166
TABLE 174 LATAM: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 166
TABLE 175 LATAM: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 167
10.4.6 MIDDLE EAST & AFRICA 167
10.4.6.1 Rising awareness of advanced sequencing technologies is expected to drive market growth in the coming years 167
TABLE 176 MEA: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 167
TABLE 177 MEA: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 168
TABLE 178 MEA: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 168
TABLE 179 MEA: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 169
TABLE 180 MEA: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 169
11 COMPETITIVE LANDSCAPE 170
11.1 KEY PLAYER STRATEGIES 170
FIGURE 28 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN THE METAGENOMIC SEQUENCING MARKET 171
11.2 MARKET SHARE ANALYSIS 172
FIGURE 29 METAGENOMIC SEQUENCING MARKET: MARKET SHARE ANALYSIS OF KEY PLAYERS, 2020 172
TABLE 181 METAGENOMIC SEQUENCING MARKET: DEGREE OF COMPETITION 172
11.3 REVENUE ANALYSIS 173
FIGURE 30 REVENUE ANALYSIS FOR KEY COMPANIES (2018-2021) 173
11.4 COMPANY EVALUATION QUADRANT 174
FIGURE 31 METAGENOMIC SEQUENCING MARKET: COMPANY EVALUATION MATRIX, 2021 174
11.4.1 STARS 175
11.4.2 PERVASIVE PLAYERS 175
11.4.3 EMERGING LEADERS 175
11.4.4 PARTICIPANTS 175
11.5 COMPETITIVE LEADERSHIP MAPPING (START-UPS) 176
FIGURE 32 METAGENOMIC SEQUENCING MARKET: COMPANY EVALUATION MATRIX FOR START-UPS, 2021 176
11.5.1 PROGRESSIVE COMPANIES 177
11.5.2 STARTING BLOCKS 177
11.5.3 DYNAMIC COMPANIES 177
11.5.4 RESPONSIVE COMPANIES 177
11.6 COMPETITIVE BENCHMARKING 177
TABLE 182 COMPANY PRODUCT FOOTPRINT (25 COMPANIES) 177
TABLE 183 COMPANY REGION FOOTPRINT (25 COMPANIES) 178
11.7 COMPETITIVE SCENARIO 179
11.7.1 PRODUCT LAUNCHES 179
TABLE 184 METAGENOMIC SEQUENCING MARKET: PRODUCT LAUNCHES,
JANUARY 2018-FEBRUARY 2022 179
11.7.2 DEALS 180
TABLE 185 METAGENOMIC SEQUENCING MARKET: DEALS,
JANUARY 2018-FEBRUARY 2022 180
11.7.3 OTHER DEVELOPMENTS 181
TABLE 186 METAGENOMIC SEQUENCING MARKET: OTHER DEVELOPMENTS,
JANUARY 2018-FEBRUARY 2022 181
12 COMPANY PROFILES 182
12.1 MAJOR PLAYERS 182
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1.1 ILLUMINA, INC. 182
TABLE 187 ILLUMINA, INC.: BUSINESS OVERVIEW 182
FIGURE 33 ILLUMINA, INC.: COMPANY SNAPSHOT (2021) 183
12.1.2 THERMO FISHER SCIENTIFIC, INC. 188
TABLE 188 THERMO FISHER SCIENTIFIC, INC.: BUSINESS OVERVIEW 188
FIGURE 34 THERMO FISHER SCIENTIFIC, INC.: COMPANY SNAPSHOT (2021) 189
12.1.3 QIAGEN N.V. 194
TABLE 189 QIAGEN N.V.: BUSINESS OVERVIEW 194
FIGURE 35 QIAGEN N.V.: COMPANY SNAPSHOT (2020) 195
12.1.4 PERKINELMER, INC. 200
TABLE 190 PERKINELMER, INC.: BUSINESS OVERVIEW 200
FIGURE 36 PERKINELMER, INC.: COMPANY SNAPSHOT (2021) 201
12.1.5 OXFORD NANOPORE TECHNOLOGIES, PLC. 204
TABLE 191 OXFORD NANOPORE TECHNOLOGIES, PLC.: BUSINESS OVERVIEW 204
12.1.6 PACIFIC BIOSCIENCES OF CALIFORNIA, INC. 207
TABLE 192 PACIFIC BIOSCIENCES OF CALIFORNIA, INC.: BUSINESS OVERVIEW 207
FIGURE 37 PACIFIC BIOSCIENCES OF CALIFORNIA, INC.: COMPANY SNAPSHOT (2020) 208
12.1.7 BGI GROUP 212
TABLE 193 BGI GROUP: BUSINESS OVERVIEW 212
12.1.8 PSOMAGEN, INC. 215
TABLE 194 PSOMAGEN, INC.: BUSINESS OVERVIEW 215
12.1.9 EUROFINS SCIENTIFIC 217
TABLE 195 EUROFINS SCIENTIFIC: BUSINESS OVERVIEW 217
FIGURE 38 EUROFINS SCIENTIFIC: COMPANY SNAPSHOT (2020) 218
12.1.10 BROOKS AUTOMATION, INC. 220
TABLE 196 BROOKS AUTOMATION, INC.: BUSINESS OVERVIEW 220
FIGURE 39 BROOKS AUTOMATION, INC.: COMPANY SNAPSHOT (2020) 221
12.1.11 NOVOGENE CO., LTD. 223
TABLE 197 NOVOGENE CO., LTD.: BUSINESS OVERVIEW 223
12.1.12 ZYMO RESEARCH CORPORATION 225
TABLE 198 ZYMO RESEARCH CORPORATION: BUSINESS OVERVIEW 225
12.1.13 TECAN TRADING AG 227
TABLE 199 TECAN TRADING AG: BUSINESS OVERVIEW 227
FIGURE 40 TECAN TRADING AG: COMPANY SNAPSHOT (2020) 228
12.1.14 INTEGRAGEN SA 230
TABLE 200 INTEGRAGEN SA: BUSINESS OVERVIEW 230
FIGURE 41 INTEGRAGEN SA: COMPANY SNAPSHOT (2020) 230
12.1.15 MICROSYNTH AG 232
TABLE 201 MICROSYNTH AG: BUSINESS OVERVIEW 232
12.1.16 DNASTAR, INC. 234
TABLE 202 DNASTAR: BUSINESS OVERVIEW 234
12.2 OTHER COMPANIES 235
12.2.1 COSMOSID, INC. 235
TABLE 203 COSMOSID, INC.: COMPANY OVERVIEW 235
12.2.2 GENEXA AG 236
TABLE 204 GENEXA AG.: COMPANY OVERVIEW 236
12.2.3 VARIGEN BIOSCIENCES CORPORATION 236
TABLE 205 VARIGEN BIOSCIENCES: COMPANY OVERVIEW 236
12.2.4 VERITAS GENETICS 237
TABLE 206 VERITAS GENETICS: COMPANY OVERVIEW 237
12.2.5 SINGENE 237
TABLE 207 SINGENE: COMPANY OVERVIEW 237
12.2.6 METAGENOMI 238
TABLE 208 METAGENOMI: COMPANY OVERVIEW 238
12.2.7 COMPUTOMICS 238
TABLE 209 COMPUTOMICS: COMPANY OVERVIEW 238
12.2.8 IDBYDNA, INC. 239
TABLE 210 IDBYDNA, INC.: COMPANY OVERVIEW 239
12.2.9 INTACT GENOMICS, INC. 239
TABLE 211 INTACT GENOMICS, INC. COMPANY OVERVIEW 239
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13 APPENDIX 240
13.1 DISCUSSION GUIDE 240
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 244
13.3 AVAILABLE CUSTOMIZATIONS 246
13.4 RELATED REPORTS 246
13.5 AUTHOR DETAILS 247
1 INTRODUCTION 30
1.1 OBJECTIVES OF THE STUDY 30
1.2 MARKET DEFINITION 30
1.2.1 INCLUSIONS & EXCLUSIONS OF THE STUDY 31
1.3 MARKET SCOPE 32
1.3.1 MARKETS COVERED 32
FIGURE 1 METAGENOMIC SEQUENCING MARKET SEGMENTATION 32
1.3.2 YEARS CONSIDERED FOR THE STUDY 33
1.4 CURRENCY 33
1.5 LIMITATIONS 33
1.6 STAKEHOLDERS 34
1.7 SUMMARY OF CHANGES 34
2 RESEARCH METHODOLOGY 35
2.1 RESEARCH DATA 35
FIGURE 2 RESEARCH DESIGN 35
2.1.1 SECONDARY DATA 36
2.1.2 PRIMARY DATA 37
FIGURE 3 PRIMARY SOURCES 37
FIGURE 4 METAGENOMIC SEQUENCING MARKET: BREAKDOWN OF PRIMARIES 38
2.1.2.1 Key industry insights 39
2.2 MARKET SIZE ESTIMATION 39
FIGURE 5 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS, 2021 39
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP (SUPPLY SIDE) – COLLECTIVE REVENUE OF ALL METAGENOMIC SEQUENCING
PRODUCTS & SERVICES 40
FIGURE 7 METAGENOMIC SEQUENCING MARKET: CAGR PROJECTIONS, 2022–2027 42
FIGURE 8 METAGENOMIC SEQUENCING MARKET: GROWTH ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 42
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 44
FIGURE 9 DATA TRIANGULATION METHODOLOGY 44
2.4 RESEARCH LIMITATIONS 45
2.5 GROWTH RATE ASSUMPTIONS 45
2.6 RISK ANALYSIS 45
3 EXECUTIVE SUMMARY 46
FIGURE 10 METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE,
2022 VS. 2027 (USD MILLION) 46
FIGURE 11 METAGENOMIC SEQUENCING MARKET, BY WORKFLOW, 2021 47
FIGURE 12 METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2022 VS. 2027 (USD MILLION) 48
FIGURE 13 METAGENOMIC SEQUENCING MARKET SHARE, BY TECHNOLOGY, 2021 49
FIGURE 14 GEOGRAPHICAL SNAPSHOT OF THE METAGENOMIC SEQUENCING MARKET 50
4 PREMIUM INSIGHTS 51
4.1 METAGENOMIC SEQUENCING MARKET OVERVIEW 51
FIGURE 15 TECHNOLOGICAL INNOVATIONS IN NGS PLATFORMS—A KEY FACTOR DRIVING GROWTH IN THE METAGENOMIC SEQUENCING MARKET 51
4.2 ASIA PACIFIC: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY
& COUNTRY (2021) 52
FIGURE 16 16S RRNA SEQUENCING TECHNOLOGY ACCOUNTED FOR THE LARGEST SHARE OF THE ASIA PACIFIC MARKET IN 2021 52
4.3 METAGENOMIC SEQUENCING MARKET SHARE FOR INDUSTRIAL APPLICATIONS,
BY TYPE, 2021 53
FIGURE 17 ENERGY APPLICATION SEGMENT DOMINATED THE MARKET IN 2021 53
5 MARKET OVERVIEW 54
5.1 INTRODUCTION 54
5.2 MARKET DYNAMICS 54
FIGURE 18 METAGENOMIC SEQUENCING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 54
5.2.1 DRIVERS 55
5.2.1.1 Continuous technological innovations in NGS platforms 55
5.2.1.1.1 iSeq 100 System 55
5.2.1.1.2 Ion GeneStudio S5 55
5.2.1.2 Initiatives and funding from government & private bodies for large-scale sequencing projects 55
TABLE 1 GLOBAL SEQUENCING INITIATIVES 56
5.2.1.3 Declining costs of genome sequencing 57
FIGURE 19 COST OF HUMAN WHOLE-GENOME SEQUENCING, 2001–2020 57
5.2.1.4 Significant applications of metagenomics in various fields 57
5.2.2 RESTRAINTS 58
5.2.2.1 End-user budget constraints in developing countries 58
5.2.3 OPPORTUNITIES 59
5.2.3.1 NGS data analysis using big data 59
FIGURE 20 DATA PRODUCTION DURING HUMAN WHOLE-GENOME SEQUENCING,
2001–2019 59
5.2.4 CHALLENGES 60
5.2.4.1 Challenges associated with metagenomic NGS 60
5.3 IMPACT OF COVID-19 ON THE METAGENOMIC SEQUENCING MARKET 61
5.4 PORTER’S FIVE FORCES ANALYSIS 63
TABLE 2 METAGENOMIC SEQUENCING MARKET: PORTER’S FIVE FORCES ANALYSIS 63
5.4.1 THREAT OF NEW ENTRANTS 63
5.4.2 THREAT OF SUBSTITUTES 63
5.4.3 BARGAINING POWER OF SUPPLIERS 63
5.4.4 BARGAINING POWER OF BUYERS 63
5.4.5 COMPETITIVE RIVALRY AMONG EXISTING PLAYERS 64
5.5 VALUE CHAIN ANALYSIS 64
FIGURE 21 VALUE CHAIN ANALYSIS OF THE METAGENOMIC SEQUENCING MARKET: MANUFACTURING AND ASSEMBLY PHASES ADD MAXIMUM VALUE 64
FIGURE 22 VALUE CHAIN: METAGENOMIC SEQUENCING ANALYSIS WORKFLOW —MAXIMUM VALUE IS ADDED DURING THE SEQUENCING AND
ANALYSIS PHASES 65
5.6 ECOSYSTEM ANALYSIS 66
FIGURE 23 ECOSYSTEM ANALYSIS: METAGENOMIC SEQUENCING MARKET 66
TABLE 3 SUPPLY CHAIN ECOSYSTEM 66
5.7 PATENT ANALYSIS 67
5.7.1 TOP 10 GRANTED PATENT OWNERS IN THE LAST 20 YEARS 67
5.7.2 TOP 10 PLAYERS WITH THE HIGHEST NO. OF PATENT APPLICATIONS 68
5.7.3 LIST OF RECENT PATENTS 68
5.8 SUPPLY CHAIN ANALYSIS 69
FIGURE 24 DIRECT DISTRIBUTION—THE PREFERRED STRATEGY FOR PROMINENT COMPANIES 70
5.9 REGULATORY ANALYSIS 70
5.9.1 NORTH AMERICA 70
5.9.1.1 US 70
TABLE 4 US FDA: MEDICAL DEVICE CLASSIFICATION 71
TABLE 5 US: MEDICAL DEVICE REGULATORY APPROVAL PROCESS 71
5.9.1.2 Canada 72
5.9.2 EUROPE 72
5.9.3 ASIA PACIFIC 73
5.9.3.1 China 73
TABLE 6 CHINA: CLASSIFICATION OF MEDICAL DEVICES 73
5.9.3.2 Japan 73
5.9.3.3 India 73
5.9.4 LATIN AMERICA 74
5.9.5 MIDDLE EAST 74
5.10 PRICING ANALYSIS 74
TABLE 7 AVERAGE SELLING PRICE OF NGS SYSTEMS (2020) 74
5.11 RANGES/SCENARIOS 75
FIGURE 25 DEPENDING ON HOW THE UNCERTAINTIES UNFOLD, WE SEE A SPECTRUM OF SCENARIOS FOR THE METAGENOMIC SEQUENCING MARKET 75
5.12 TRADE ANALYSIS 75
5.12.1 TRADE ANALYSIS FOR METAGENOMIC SEQUENCING MARKET 75
TABLE 8 IMPORT DATA FOR HS CODE 902780, BY COUNTRY,
2016-2020 (USD THOUSAND) 75
TABLE 9 EXPORT DATA FOR HS CODE 902780, BY COUNTRY,
2016-2020 (USD THOUSAND) 76
5.13 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 76
5.14 KEY CONFERENCES & EVENTS, 2022 77
TABLE 10 METAGENOMIC SEQUENCING MARKET: DETAILED LIST OF CONFERENCES & EVENTS 77
5.15 KEY STAKEHOLDERS & BUYING CRITERIA 78
TABLE 11 INFLUENCE OF STAKEHOLDERS IN THE BUYING PROCESS FOR THE TOP THREE APPLICATIONS (%) 78
TABLE 12 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 78
6 METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE 79
6.1 INTRODUCTION 80
TABLE 13 METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE,
2020–2027 (USD MILLION) 80
6.2 REAGENTS & CONSUMABLES 80
6.2.1 RISING ADOPTION OF METAGENOMIC SEQUENCING IS DRIVING
THE USE OF REAGENTS & CONSUMABLES 80
TABLE 14 METAGENOMIC SEQUENCING REAGENTS & CONSUMABLES MARKET,
BY REGION, 2020–2027 (USD MILLION) 81
TABLE 15 NORTH AMERICA: METAGENOMIC SEQUENCING REAGENTS & CONSUMABLES MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 81
TABLE 16 EUROPE: METAGENOMIC SEQUENCING REAGENTS & CONSUMABLES MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 81
TABLE 17 APAC: METAGENOMIC SEQUENCING REAGENTS & CONSUMABLES MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 82
6.3 INSTRUMENTS 82
6.3.1 LAUNCH OF ADVANCED NGS PLATFORMS WILL SUPPORT
THE GROWTH OF THIS SEGMENT 82
TABLE 18 METAGENOMIC SEQUENCING INSTRUMENTS MARKET, BY REGION,
2020–2027 (USD MILLION) 83
TABLE 19 NORTH AMERICA: METAGENOMIC SEQUENCING INSTRUMENTS MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 83
TABLE 20 EUROPE: METAGENOMIC SEQUENCING INSTRUMENTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 83
TABLE 21 APAC: METAGENOMIC SEQUENCING INSTRUMENTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 84
6.4 SERVICES 84
6.4.1 TIME AND COST-EFFECTIVENESS OF OUTSOURCING NGS PROJECTS HAS DRIVEN THE DEMAND FOR SERVICES 84
TABLE 22 METAGENOMIC SEQUENCING SERVICES MARKET, BY REGION,
2020–2027 (USD MILLION) 84
TABLE 23 NORTH AMERICA: METAGENOMIC SEQUENCING SERVICES MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 85
TABLE 24 EUROPE: METAGENOMIC SEQUENCING SERVICES MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 85
TABLE 25 APAC: METAGENOMIC SEQUENCING SERVICES MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 85
6.5 ANALYSIS & DATA INTERPRETATION SOLUTIONS 86
6.5.1 LIMITED TECHNICAL KNOWLEDGE OF ADVANCED ANALYSIS SOLUTIONS AMONG END USERS TO HAMPER MARKET GROWTH 86
TABLE 26 METAGENOMIC SEQUENCING ANALYSIS & DATA INTERPRETATION SOLUTIONS MARKET, BY REGION, 2020–2027 (USD MILLION) 86
TABLE 27 NORTH AMERICA: METAGENOMIC SEQUENCING ANALYSIS & DATA INTERPRETATION SOLUTIONS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 86
TABLE 28 EUROPE: METAGENOMIC SEQUENCING ANALYSIS & DATA INTERPRETATION SOLUTIONS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 87
TABLE 29 APAC: METAGENOMIC SEQUENCING ANALYSIS & DATA INTERPRETATION SOLUTIONS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 87
7 METAGENOMIC SEQUENCING MARKET, BY WORKFLOW 88
7.1 INTRODUCTION 89
TABLE 30 METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 89
7.2 SAMPLE PROCESSING & LIBRARY PREPARATION 89
7.2.1 AVAILABILITY OF TECHNOLOGICALLY ADVANCED SAMPLE PROCESSING AND LIBRARY PREPARATION ASSAY KITS IS DRIVING MARKET GROWTH 89
TABLE 31 SAMPLE PROCESSING & LIBRARY PREPARATION MARKET, BY REGION, 2020–2027 (USD MILLION) 90
TABLE 32 NORTH AMERICA: SAMPLE PROCESSING & LIBRARY PREPARATION MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 90
TABLE 33 EUROPE: SAMPLE PROCESSING & LIBRARY PREPARATION MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 91
TABLE 34 APAC: SAMPLE PROCESSING & LIBRARY PREPARATION MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 91
7.3 SEQUENCING 91
7.3.1 SANGER SEQUENCING HAS BEEN SUPPLANTED BY NGS DUE TO ITS ADVANTAGES AND RAPIDITY 91
TABLE 35 SEQUENCING MARKET, BY REGION, 2020–2027 (USD MILLION) 92
TABLE 36 NORTH AMERICA: SEQUENCING MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 92
TABLE 37 EUROPE: SEQUENCING MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 92
TABLE 38 APAC: SEQUENCING MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 93
7.4 DATA PROCESSING & ANALYSIS 93
7.4.1 NEED FOR SKILLED PERSONNEL TO OPERATE DATA PROCESSING AND ANALYTICS TOOLS HAS SLOWED MARKET GROWTH 93
TABLE 39 DATA PROCESSING & ANALYSIS MARKET, BY REGION,
2020–2027 (USD MILLION) 94
TABLE 40 NORTH AMERICA: DATA PROCESSING & ANALYSIS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 94
TABLE 41 EUROPE: DATA PROCESSING & ANALYSIS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 94
TABLE 42 APAC: DATA PROCESSING & ANALYSIS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 95
8 METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY 96
8.1 INTRODUCTION 97
TABLE 43 METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 97
8.2 16S RRNA SEQUENCING 97
8.2.1 16S RRNA SEQUENCING IS A COST-EFFECTIVE TECHNIQUE FOR THE IDENTIFICATION OF BACTERIAL STRAINS 97
TABLE 44 16S RRNA SEQUENCING MARKET, BY REGION, 2020–2027 (USD MILLION) 98
TABLE 45 NORTH AMERICA: 16S RRNA SEQUENCING MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 98
TABLE 46 EUROPE: 16S RRNA SEQUENCING MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 99
TABLE 47 APAC: 16S RRNA SEQUENCING MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 99
8.3 SHOTGUN METAGENOMIC SEQUENCING 99
8.3.1 SHOTGUN METAGENOMIC SEQUENCING SEGMENT TO WITNESS THE HIGHEST GROWTH RATE DURING THE FORECAST PERIOD 99
TABLE 48 SHOTGUN METAGENOMIC SEQUENCING MARKET, BY REGION,
2020–2027 (USD MILLION) 100
TABLE 49 NORTH AMERICA: SHOTGUN METAGENOMIC SEQUENCING MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 100
TABLE 50 EUROPE: SHOTGUN METAGENOMIC SEQUENCING MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 101
TABLE 51 APAC: SHOTGUN METAGENOMIC SEQUENCING MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 101
8.4 WHOLE-GENOME SEQUENCING & DE NOVO ASSEMBLY 101
8.4.1 WGS HELPS GENERATE ACCURATE REFERENCE GENOMES FOR MICROBIAL IDENTIFICATION 101
TABLE 52 WHOLE-GENOME SEQUENCING & DE NOVO ASSEMBLY MARKET, BY REGION, 2020–2027 (USD MILLION) 102
TABLE 53 NORTH AMERICA: WHOLE-GENOME SEQUENCING & DE NOVO ASSEMBLY MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 102
TABLE 54 EUROPE: WHOLE-GENOME SEQUENCING & DE NOVO ASSEMBLY MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 103
TABLE 55 APAC: WHOLE-GENOME SEQUENCING & DE NOVO ASSEMBLY MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 103
8.5 METATRANSCRIPTOMICS 103
8.5.1 METATRANSCRIPTOMICS HELPS IN THE UNDERSTANDING OF THE ACTIVE FUNCTIONAL PROFILE OF A MICROBIAL COMMUNITY 103
TABLE 56 METATRANSCRIPTOMICS MARKET, BY REGION, 2020–2027 (USD MILLION) 104
TABLE 57 NORTH AMERICA: METATRANSCRIPTOMICS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 105
TABLE 58 EUROPE: METATRANSCRIPTOMICS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 105
TABLE 59 APAC: METATRANSCRIPTOMICS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 105
9 METAGENOMIC SEQUENCING MARKET, BY APPLICATION 106
9.1 INTRODUCTION 107
TABLE 60 METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 107
9.2 DRUG DISCOVERY 107
9.2.1 DRUG DISCOVERY ACCOUNTS FOR THE LARGEST SHARE OF THE METAGENOMIC SEQUENCING MARKET 107
TABLE 61 METAGENOMIC SEQUENCING MARKET FOR DRUG DISCOVERY, BY REGION, 2020–2027 (USD MILLION) 108
TABLE 62 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR DRUG DISCOVERY, BY COUNTRY, 2020–2027 (USD MILLION) 108
TABLE 63 EUROPE: METAGENOMIC SEQUENCING MARKET FOR DRUG DISCOVERY,
BY COUNTRY, 2020–2027 (USD MILLION) 108
TABLE 64 APAC: METAGENOMIC SEQUENCING MARKET FOR DRUG DISCOVERY,
BY COUNTRY, 2020–2027 (USD MILLION) 109
9.3 CLINICAL DIAGNOSTICS 109
9.3.1 ADVANTAGES OF METAGENOMIC NGS HAVE ENABLED WIDE APPLICATIONS IN DIAGNOSTICS 109
TABLE 65 METAGENOMIC SEQUENCING MARKET FOR CLINICAL DIAGNOSTICS,
BY REGION, 2020–2027 (USD MILLION) 110
TABLE 66 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR CLINICAL DIAGNOSTICS, BY COUNTRY, 2020–2027 (USD MILLION) 110
TABLE 67 EUROPE: METAGENOMIC SEQUENCING MARKET FOR CLINICAL DIAGNOSTICS, BY COUNTRY, 2020–2027 (USD MILLION) 110
TABLE 68 APAC: METAGENOMIC SEQUENCING MARKET FOR CLINICAL DIAGNOSTICS, BY COUNTRY, 2020–2027 (USD MILLION) 111
9.4 SOIL MICROBIOME APPLICATIONS 111
9.4.1 NORTH AMERICA SHOWS HIGH DEMAND FOR METAGENOMIC SEQUENCING IN SOIL MICROBIOME APPLICATIONS 111
TABLE 69 METAGENOMIC SEQUENCING MARKET FOR SOIL MICROBIOME APPLICATIONS, BY REGION, 2020–2027 (USD MILLION) 111
TABLE 70 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR SOIL MICROBIOME APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 112
TABLE 71 EUROPE: METAGENOMIC SEQUENCING MARKET FOR SOIL MICROBIOME APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 112
TABLE 72 APAC: METAGENOMIC SEQUENCING MARKET FOR SOIL MICROBIOME APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 112
9.5 INDUSTRIAL APPLICATIONS 113
TABLE 73 METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS,
BY REGION, 2020–2027 (USD MILLION) 113
TABLE 74 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 113
TABLE 75 EUROPE: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 114
TABLE 76 APAC: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 114
TABLE 77 METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS,
BY TYPE, 2020–2027 (USD MILLION) 114
9.5.1 ENERGY 115
9.5.1.1 Declining fossil fuel reserves and growing energy needs will drive market growth 115
TABLE 78 METAGENOMIC SEQUENCING MARKET FOR ENERGY APPLICATIONS,
BY REGION, 2020–2027 (USD MILLION) 115
TABLE 79 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR ENERGY APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 115
TABLE 80 EUROPE: METAGENOMIC SEQUENCING MARKET FOR ENERGY APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 116
TABLE 81 APAC: METAGENOMIC SEQUENCING MARKET FOR ENERGY APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 116
9.5.2 BIOREMEDIATION 116
9.5.2.1 Need to monitor pollutant impact and contamination will provide opportunities for metagenomic sequencing in bioremediation 116
TABLE 82 METAGENOMIC SEQUENCING MARKET FOR BIOREMEDIATION, BY REGION, 2020–2027 (USD MILLION) 117
TABLE 83 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR BIOREMEDIATION, BY COUNTRY, 2020–2027 (USD MILLION) 117
TABLE 84 EUROPE: METAGENOMIC SEQUENCING MARKET FOR BIOREMEDIATION,
BY COUNTRY, 2020–2027 (USD MILLION) 117
TABLE 85 APAC: METAGENOMIC SEQUENCING MARKET FOR BIOREMEDIATION,
BY COUNTRY, 2020–2027 (USD MILLION) 118
9.5.3 OTHER INDUSTRIAL APPLICATIONS 118
TABLE 86 METAGENOMIC SEQUENCING MARKET FOR OTHER INDUSTRIAL APPLICATIONS, BY REGION, 2020–2027 (USD MILLION) 118
TABLE 87 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR OTHER INDUSTRIAL APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 119
TABLE 88 EUROPE: METAGENOMIC SEQUENCING MARKET FOR OTHER INDUSTRIAL APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 119
TABLE 89 APAC: METAGENOMIC SEQUENCING MARKET FOR OTHER INDUSTRIAL APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 119
9.6 ECOLOGICAL & ENVIRONMENTAL APPLICATIONS 120
9.6.1 METAGENOMIC SEQUENCING CAN HELP IDENTIFY INVASIVE AND ENDANGERED SPECIES 120
TABLE 90 METAGENOMIC SEQUENCING MARKET FOR ECOLOGICAL & ENVIRONMENTAL APPLICATIONS, BY REGION, 2020–2027 (USD MILLION) 120
TABLE 91 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR ECOLOGICAL & ENVIRONMENTAL APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 120
TABLE 92 EUROPE: METAGENOMIC SEQUENCING MARKET FOR ECOLOGICAL & ENVIRONMENTAL APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 121
TABLE 93 APAC: METAGENOMIC SEQUENCING MARKET FOR ECOLOGICAL & ENVIRONMENTAL APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 121
9.7 VETERINARY APPLICATIONS 121
9.7.1 DEMAND FOR RAPID AND ACCURATE PATHOGEN DIAGNOSIS IS SUPPORTING THE DEMAND FOR SEQUENCING 121
TABLE 94 METAGENOMIC SEQUENCING MARKET FOR VETERINARY APPLICATIONS,
BY REGION, 2020–2027 (USD MILLION) 122
TABLE 95 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR VETERINARY APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 122
TABLE 96 EUROPE: METAGENOMIC SEQUENCING MARKET FOR VETERINARY APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 122
TABLE 97 APAC: METAGENOMIC SEQUENCING MARKET FOR VETERINARY APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 123
9.8 OTHER APPLICATIONS 123
TABLE 98 METAGENOMIC SEQUENCING MARKET FOR OTHER APPLICATIONS,
BY REGION, 2020–2027 (USD MILLION) 123
TABLE 99 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR OTHER APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 124
TABLE 100 EUROPE: METAGENOMIC SEQUENCING MARKET FOR OTHER APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 124
TABLE 101 APAC: METAGENOMIC SEQUENCING MARKET FOR OTHER APPLICATIONS,
BY COUNTRY, 2020–2027 (USD MILLION) 124
10 METAGENOMIC SEQUENCING MARKET, BY REGION 125
10.1 INTRODUCTION 126
TABLE 102 METAGENOMIC SEQUENCING MARKET, BY REGION,
2020–2027 (USD MILLION) 126
10.2 NORTH AMERICA 126
FIGURE 26 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET SNAPSHOT 127
TABLE 103 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 128
TABLE 104 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW, 2020–2027 (USD MILLION) 128
TABLE 105 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 128
TABLE 106 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 129
TABLE 107 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 129
TABLE 108 NORTH AMERICA: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 130
10.2.1 US 130
10.2.1.1 Well-established infrastructure and funding sources available for NGS-based small- and medium-sized research projects make the US the largest market in North America 130
TABLE 109 US: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 131
TABLE 110 US: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE,
2020–2027 (USD MILLION) 131
TABLE 111 US: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 132
TABLE 112 US: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 132
TABLE 113 US: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 132
10.2.2 CANADA 133
10.2.2.1 Increasing government initiatives and workshops to support growth in this market 133
TABLE 114 CANADA: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 133
TABLE 115 CANADA: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 134
TABLE 116 CANADA: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 134
TABLE 117 CANADA: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 135
TABLE 118 CANADA: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 135
10.3 EUROPE 135
TABLE 119 EUROPE: METAGENOMIC SEQUENCING MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 136
TABLE 120 EUROPE: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 136
TABLE 121 EUROPE: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 137
TABLE 122 EUROPE: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 137
TABLE 123 EUROPE: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 138
TABLE 124 EUROPE: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 138
10.3.1 GERMANY 139
10.3.1.1 Germany has witnessed a significant increase in investments in next-generation technologies, making it the largest market in Europe 139
TABLE 125 GERMANY: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 140
TABLE 126 GERMANY: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 140
TABLE 127 GERMANY: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 140
TABLE 128 GERMANY: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 141
TABLE 129 GERMANY: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 141
10.3.2 FRANCE 141
10.3.2.1 Government initiatives to support genomics research drive growth in the metagenomic sequencing market in France 141
TABLE 130 FRANCE: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 142
TABLE 131 FRANCE: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 142
TABLE 132 FRANCE: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 143
TABLE 133 FRANCE: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 143
TABLE 134 FRANCE: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 144
10.3.3 UK 144
10.3.3.1 Favorable funding scenario for genomics research in the country to support the adoption of NGS 144
TABLE 135 UK: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 145
TABLE 136 UK: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE,
2020–2027 (USD MILLION) 145
TABLE 137 UK: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 146
TABLE 138 UK: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 146
TABLE 139 UK: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 146
10.3.4 REST OF EUROPE 147
TABLE 140 ROE: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 147
TABLE 141 ROE: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 148
TABLE 142 ROE: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 148
TABLE 143 ROE: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 149
TABLE 144 ROE: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 149
10.4 ASIA PACIFIC 149
FIGURE 27 ASIA PACIFIC: METAGENOMIC SEQUENCING MARKET SNAPSHOT 150
TABLE 145 ASIA PACIFIC: METAGENOMIC SEQUENCING MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 151
TABLE 146 ASIA PACIFIC: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW, 2020–2027 (USD MILLION) 151
TABLE 147 ASIA PACIFIC: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 151
TABLE 148 ASIA PACIFIC: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 152
TABLE 149 ASIA PACIFIC: METAGENOMIC SEQUENCING MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 152
TABLE 150 ASIA PACIFIC: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 153
10.4.1 CHINA 153
10.4.1.1 Several key market players are focusing on strengthening their presence and offerings in China—a key factor driving market growth 153
TABLE 151 CHINA: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 154
TABLE 152 CHINA: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 154
TABLE 153 CHINA: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 155
TABLE 154 CHINA: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 155
TABLE 155 CHINA: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 156
10.4.2 JAPAN 156
10.4.2.1 Rising use of metagenomic sequencing for various applications to drive market growth in Japan 156
TABLE 156 JAPAN: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 157
TABLE 157 JAPAN: METAGENOMIC SEQUENCING MARKET, BY PRODUCT &
SERVICE, 2020–2027 (USD MILLION) 157
TABLE 158 JAPAN: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 158
TABLE 159 JAPAN: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 158
TABLE 160 JAPAN: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 159
10.4.3 INDIA 159
10.4.3.1 Increasing adoption of strategies such as collaborations and partnerships by various private and government bodies to drive market growth 159
TABLE 161 INDIA: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 160
TABLE 162 INDIA: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 160
TABLE 163 INDIA: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 161
TABLE 164 INDIA: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 161
TABLE 165 INDIA: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 162
10.4.4 REST OF ASIA PACIFIC 162
TABLE 166 ROAPAC: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 163
TABLE 167 ROAPAC: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 163
TABLE 168 ROAPAC: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 163
TABLE 169 ROAPAC: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 164
TABLE 170 ROAPAC: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 164
10.4.5 LATIN AMERICA 164
10.4.5.1 Introduction of low-cost sequencing technologies is expected to drive the market 164
TABLE 171 LATAM: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 165
TABLE 172 LATAM: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 165
TABLE 173 LATAM: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 166
TABLE 174 LATAM: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 166
TABLE 175 LATAM: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 167
10.4.6 MIDDLE EAST & AFRICA 167
10.4.6.1 Rising awareness of advanced sequencing technologies is expected to drive market growth in the coming years 167
TABLE 176 MEA: METAGENOMIC SEQUENCING MARKET, BY WORKFLOW,
2020–2027 (USD MILLION) 167
TABLE 177 MEA: METAGENOMIC SEQUENCING MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION) 168
TABLE 178 MEA: METAGENOMIC SEQUENCING MARKET, BY TECHNOLOGY,
2020–2027 (USD MILLION) 168
TABLE 179 MEA: METAGENOMIC SEQUENCING MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 169
TABLE 180 MEA: METAGENOMIC SEQUENCING MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 169
11 COMPETITIVE LANDSCAPE 170
11.1 KEY PLAYER STRATEGIES 170
FIGURE 28 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN THE METAGENOMIC SEQUENCING MARKET 171
11.2 MARKET SHARE ANALYSIS 172
FIGURE 29 METAGENOMIC SEQUENCING MARKET: MARKET SHARE ANALYSIS OF KEY PLAYERS, 2020 172
TABLE 181 METAGENOMIC SEQUENCING MARKET: DEGREE OF COMPETITION 172
11.3 REVENUE ANALYSIS 173
FIGURE 30 REVENUE ANALYSIS FOR KEY COMPANIES (2018-2021) 173
11.4 COMPANY EVALUATION QUADRANT 174
FIGURE 31 METAGENOMIC SEQUENCING MARKET: COMPANY EVALUATION MATRIX, 2021 174
11.4.1 STARS 175
11.4.2 PERVASIVE PLAYERS 175
11.4.3 EMERGING LEADERS 175
11.4.4 PARTICIPANTS 175
11.5 COMPETITIVE LEADERSHIP MAPPING (START-UPS) 176
FIGURE 32 METAGENOMIC SEQUENCING MARKET: COMPANY EVALUATION MATRIX FOR START-UPS, 2021 176
11.5.1 PROGRESSIVE COMPANIES 177
11.5.2 STARTING BLOCKS 177
11.5.3 DYNAMIC COMPANIES 177
11.5.4 RESPONSIVE COMPANIES 177
11.6 COMPETITIVE BENCHMARKING 177
TABLE 182 COMPANY PRODUCT FOOTPRINT (25 COMPANIES) 177
TABLE 183 COMPANY REGION FOOTPRINT (25 COMPANIES) 178
11.7 COMPETITIVE SCENARIO 179
11.7.1 PRODUCT LAUNCHES 179
TABLE 184 METAGENOMIC SEQUENCING MARKET: PRODUCT LAUNCHES,
JANUARY 2018-FEBRUARY 2022 179
11.7.2 DEALS 180
TABLE 185 METAGENOMIC SEQUENCING MARKET: DEALS,
JANUARY 2018-FEBRUARY 2022 180
11.7.3 OTHER DEVELOPMENTS 181
TABLE 186 METAGENOMIC SEQUENCING MARKET: OTHER DEVELOPMENTS,
JANUARY 2018-FEBRUARY 2022 181
12 COMPANY PROFILES 182
12.1 MAJOR PLAYERS 182
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1.1 ILLUMINA, INC. 182
TABLE 187 ILLUMINA, INC.: BUSINESS OVERVIEW 182
FIGURE 33 ILLUMINA, INC.: COMPANY SNAPSHOT (2021) 183
12.1.2 THERMO FISHER SCIENTIFIC, INC. 188
TABLE 188 THERMO FISHER SCIENTIFIC, INC.: BUSINESS OVERVIEW 188
FIGURE 34 THERMO FISHER SCIENTIFIC, INC.: COMPANY SNAPSHOT (2021) 189
12.1.3 QIAGEN N.V. 194
TABLE 189 QIAGEN N.V.: BUSINESS OVERVIEW 194
FIGURE 35 QIAGEN N.V.: COMPANY SNAPSHOT (2020) 195
12.1.4 PERKINELMER, INC. 200
TABLE 190 PERKINELMER, INC.: BUSINESS OVERVIEW 200
FIGURE 36 PERKINELMER, INC.: COMPANY SNAPSHOT (2021) 201
12.1.5 OXFORD NANOPORE TECHNOLOGIES, PLC. 204
TABLE 191 OXFORD NANOPORE TECHNOLOGIES, PLC.: BUSINESS OVERVIEW 204
12.1.6 PACIFIC BIOSCIENCES OF CALIFORNIA, INC. 207
TABLE 192 PACIFIC BIOSCIENCES OF CALIFORNIA, INC.: BUSINESS OVERVIEW 207
FIGURE 37 PACIFIC BIOSCIENCES OF CALIFORNIA, INC.: COMPANY SNAPSHOT (2020) 208
12.1.7 BGI GROUP 212
TABLE 193 BGI GROUP: BUSINESS OVERVIEW 212
12.1.8 PSOMAGEN, INC. 215
TABLE 194 PSOMAGEN, INC.: BUSINESS OVERVIEW 215
12.1.9 EUROFINS SCIENTIFIC 217
TABLE 195 EUROFINS SCIENTIFIC: BUSINESS OVERVIEW 217
FIGURE 38 EUROFINS SCIENTIFIC: COMPANY SNAPSHOT (2020) 218
12.1.10 BROOKS AUTOMATION, INC. 220
TABLE 196 BROOKS AUTOMATION, INC.: BUSINESS OVERVIEW 220
FIGURE 39 BROOKS AUTOMATION, INC.: COMPANY SNAPSHOT (2020) 221
12.1.11 NOVOGENE CO., LTD. 223
TABLE 197 NOVOGENE CO., LTD.: BUSINESS OVERVIEW 223
12.1.12 ZYMO RESEARCH CORPORATION 225
TABLE 198 ZYMO RESEARCH CORPORATION: BUSINESS OVERVIEW 225
12.1.13 TECAN TRADING AG 227
TABLE 199 TECAN TRADING AG: BUSINESS OVERVIEW 227
FIGURE 40 TECAN TRADING AG: COMPANY SNAPSHOT (2020) 228
12.1.14 INTEGRAGEN SA 230
TABLE 200 INTEGRAGEN SA: BUSINESS OVERVIEW 230
FIGURE 41 INTEGRAGEN SA: COMPANY SNAPSHOT (2020) 230
12.1.15 MICROSYNTH AG 232
TABLE 201 MICROSYNTH AG: BUSINESS OVERVIEW 232
12.1.16 DNASTAR, INC. 234
TABLE 202 DNASTAR: BUSINESS OVERVIEW 234
12.2 OTHER COMPANIES 235
12.2.1 COSMOSID, INC. 235
TABLE 203 COSMOSID, INC.: COMPANY OVERVIEW 235
12.2.2 GENEXA AG 236
TABLE 204 GENEXA AG.: COMPANY OVERVIEW 236
12.2.3 VARIGEN BIOSCIENCES CORPORATION 236
TABLE 205 VARIGEN BIOSCIENCES: COMPANY OVERVIEW 236
12.2.4 VERITAS GENETICS 237
TABLE 206 VERITAS GENETICS: COMPANY OVERVIEW 237
12.2.5 SINGENE 237
TABLE 207 SINGENE: COMPANY OVERVIEW 237
12.2.6 METAGENOMI 238
TABLE 208 METAGENOMI: COMPANY OVERVIEW 238
12.2.7 COMPUTOMICS 238
TABLE 209 COMPUTOMICS: COMPANY OVERVIEW 238
12.2.8 IDBYDNA, INC. 239
TABLE 210 IDBYDNA, INC.: COMPANY OVERVIEW 239
12.2.9 INTACT GENOMICS, INC. 239
TABLE 211 INTACT GENOMICS, INC. COMPANY OVERVIEW 239
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13 APPENDIX 240
13.1 DISCUSSION GUIDE 240
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 244
13.3 AVAILABLE CUSTOMIZATIONS 246
13.4 RELATED REPORTS 246
13.5 AUTHOR DETAILS 247
MarketsandMarkets