Global Rubber Process Oil Market Size & Outlook, 2023-2030

The rubber process oil industry worldwide is expected to reach a projected revenue of US$ 2,930.7 million by 2030. A compound annual growth rate of 4.2% is expected of the worldwide rubber process oil industry from 2024 to 2030.

Revenue, 2023 (US$M)
$2,190.0
Forecast, 2030 (US$M)
$2,930.7
CAGR, 2024 - 2030
4.2%
Report Coverage
Worldwide

Global rubber process oil market highlights

  • The global rubber process oil market generated a revenue of USD 2,190.0 million in 2023 and is expected to reach USD 2,930.7 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 4.2% by 2030.
  • In terms of segment, aromatic accounted for a revenue of USD 2,190.0 million in 2023.
  • Aromatic is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 2,190.0 million
Market revenue in 2030USD 2,930.7 million
Growth rate4.2% (CAGR from 2023 to 2030)
Largest segmentAromatic
Fastest growing segmentAromatic
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAromatic

Other key industry trends

  • In terms of revenue, the North America accounted for 19.3% of the global rubber process oil market in 2023.

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Rubber Process Oil Market Scope

Rubber process oil market segmentation & scope
Aromatic
Paraffinic
Naphthenic
Other Product
End Use
Tyre
Footwear
Wire & Cable Covering
Flooring Materials
Paints & Coatings
Adhesive & Sealants
Other End Uses
Countries
U.S.
Canada
Mexico
Germany
UK
France
Spain
Italy
China
India
Japan
South Korea
Thailand
Indonesia
Vietnam
Malaysia
Brazil
Argentina
Saudi Arabia
South Africa

Rubber Process Oil Market Companies

Name Profile # Employees HQ Website

Global rubber process oil market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to rubber process oil market will help companies and investors design strategic landscapes.


Aromatic was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global rubber process oil market based on aromatic covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Rubber Process Oil Product Outlook (Revenue, USD Million, 2018-2030)
    • Aromatic
    • Paraffinic
    • Naphthenic
    • Other Product
  • Global Rubber Process Oil End Use Outlook (Revenue, USD Million, 2018-2030)
    • Tyre
    • Footwear
    • Wire & Cable Covering
    • Flooring Materials
    • Paints & Coatings
    • Adhesive & Sealants
    • Other End Uses

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Target buyers of Global rubber process oil market databook

  • Our clientele includes a mix of rubber process oil market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global rubber process oil market , including forecasts for subscribers. This global databook contains high-level insights into Global rubber process oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global rubber process oil market size, by regions, 2018-2030 (US$M)

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