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Base oil market price

Base oils are used to manufacture products including lubricating greases, motor oil, and metal processing fluids. Different products require different compositions and properties in the oil. One of the most important factors is the liquid’s viscosity at various temperatures.

Base Oils, Packaging Type: Can, Grade: Group 1. ₹ 200 / Litre. Unicorn Petroleum Industries Private Limited. Grade: EP – 140 Premium Gear Oil, Packaging Type: Drum. ₹ 12,000 / Piece.

In India, Base Oil prices climbed up during January-February 2021 due to consistent tight supply activities. … This plant expansion is proposed to be completed by 2024 and will improve the supply crisis of Base Oil in India.

Base Oil Market 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) – Global Forecast to 2025

Based on Group, the base oil market is segmented as follows:

  • Group I
  • Group II
  • Group III
  • Group IV
  • Group V

Based on Application, the base oil market is segmented as follows:

  • Automotive Oil
  • Industrial Oil
  • Metalworking Fluid
  • Greases
  • Hydraulic Oil
  • Others

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