Base Oil is the name given to lubrication grade oils initially produced from refining crude oil (mineral base oil) or through chemical synthesis (synthetic base oil).

Base Oil is typically defined as oil with a boiling point range between 550 and 1050 F, consisting of hydrocarbons with 18 to 40 carbon atoms.

Among types, Group IV segment of the global base oil market is projected to grow at the highest CAGR during the forecast period.

This is due to increase in the consumption of Group IV base oils, globally.

In this report, 2017 has been considered as the base year and 2018 to 2026 as the forecast period to estimate the market size for Base Oil.This report studies the global market size of Base Oil, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).This study presents the Base Oil production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications.

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