
The global Residual Aromatic Extract market size was valued at US$ 140.9 million in 2023. With growing demand in downstream market, the Residual Aromatic Extract is forecast to a readjusted size of US$ 162.1 million by 2030 with a CAGR of 2.0% during review period.
The research report highlights the growth potential of the global Residual Aromatic Extract market. Residual Aromatic Extract are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Residual Aromatic Extract. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Residual Aromatic Extract market.
Residual Aromatic Extract (RAE) is a high viscosity aromatic process oil made from a residual oil fraction and is one kind of environmentally rubber process oil. It is used as extender oils in rubber and tyres.
Top 3 residual aromatic extract players in Global Market are Shell, H&R Gruop and Eni S.p.A, hold a share around 50%. Europe is the largest market, occupied for around 40 percent, followed around 35% market share for Asia-Pacific. In terms of application, tyre is the largest downstream market with a share about 90%.
Key Features:
The report on Residual Aromatic Extract market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Residual Aromatic Extract market. It may include historical data, market segmentation by Type (e.g., High Content Polycyclic Arematic Hydrocarbon(PAH), Low Content Polycyclic Arematic Hydrocarbon(PAH)), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Residual Aromatic Extract market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Residual Aromatic Extract market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Residual Aromatic Extract industry. This include advancements in Residual Aromatic Extract technology, Residual Aromatic Extract new entrants, Residual Aromatic Extract new investment, and other innovations that are shaping the future of Residual Aromatic Extract.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Residual Aromatic Extract market. It includes factors influencing customer ' purchasing decisions, preferences for Residual Aromatic Extract product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Residual Aromatic Extract market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Residual Aromatic Extract market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Residual Aromatic Extract market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Residual Aromatic Extract industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Residual Aromatic Extract market.
Market Segmentation:
Residual Aromatic Extract market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
High Content Polycyclic Arematic Hydrocarbon(PAH)
Low Content Polycyclic Arematic Hydrocarbon(PAH)
Segmentation by application
Tyre
Non-Tyre
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Shell
H&R Group
Eni S.p.A.
Repsol
Orgkhim Biochemical Holdings
Total
HollyFrontier
IRPC
Key Questions Addressed in this Report
What is the 10-year outlook for the global Residual Aromatic Extract market?
What factors are driving Residual Aromatic Extract market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Residual Aromatic Extract market opportunities vary by end market size?
How does Residual Aromatic Extract break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Residual Aromatic Extract Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Residual Aromatic Extract by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Residual Aromatic Extract by Country/Region, 2019, 2023 & 2030
2.2 Residual Aromatic Extract Segment by Type
2.2.1 High Content Polycyclic Arematic Hydrocarbon(PAH)
2.2.2 Low Content Polycyclic Arematic Hydrocarbon(PAH)
2.3 Residual Aromatic Extract Sales by Type
2.3.1 Global Residual Aromatic Extract Sales Market Share by Type (2019-2024)
2.3.2 Global Residual Aromatic Extract Revenue and Market Share by Type (2019-2024)
2.3.3 Global Residual Aromatic Extract Sale Price by Type (2019-2024)
2.4 Residual Aromatic Extract Segment by Application
2.4.1 Tyre
2.4.2 Non-Tyre
2.5 Residual Aromatic Extract Sales by Application
2.5.1 Global Residual Aromatic Extract Sale Market Share by Application (2019-2024)
2.5.2 Global Residual Aromatic Extract Revenue and Market Share by Application (2019-2024)
2.5.3 Global Residual Aromatic Extract Sale Price by Application (2019-2024)
3 Global Residual Aromatic Extract by Company
3.1 Global Residual Aromatic Extract Breakdown Data by Company
3.1.1 Global Residual Aromatic Extract Annual Sales by Company (2019-2024)
3.1.2 Global Residual Aromatic Extract Sales Market Share by Company (2019-2024)
3.2 Global Residual Aromatic Extract Annual Revenue by Company (2019-2024)
3.2.1 Global Residual Aromatic Extract Revenue by Company (2019-2024)
3.2.2 Global Residual Aromatic Extract Revenue Market Share by Company (2019-2024)
3.3 Global Residual Aromatic Extract Sale Price by Company
3.4 Key Manufacturers Residual Aromatic Extract Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Residual Aromatic Extract Product Location Distribution
3.4.2 Players Residual Aromatic Extract Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Residual Aromatic Extract by Geographic Region
4.1 World Historic Residual Aromatic Extract Market Size by Geographic Region (2019-2024)
4.1.1 Global Residual Aromatic Extract Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Residual Aromatic Extract Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Residual Aromatic Extract Market Size by Country/Region (2019-2024)
4.2.1 Global Residual Aromatic Extract Annual Sales by Country/Region (2019-2024)
4.2.2 Global Residual Aromatic Extract Annual Revenue by Country/Region (2019-2024)
4.3 Americas Residual Aromatic Extract Sales Growth
4.4 APAC Residual Aromatic Extract Sales Growth
4.5 Europe Residual Aromatic Extract Sales Growth
4.6 Middle East & Africa Residual Aromatic Extract Sales Growth
5 Americas
5.1 Americas Residual Aromatic Extract Sales by Country
5.1.1 Americas Residual Aromatic Extract Sales by Country (2019-2024)
5.1.2 Americas Residual Aromatic Extract Revenue by Country (2019-2024)
5.2 Americas Residual Aromatic Extract Sales by Type
5.3 Americas Residual Aromatic Extract Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Residual Aromatic Extract Sales by Region
6.1.1 APAC Residual Aromatic Extract Sales by Region (2019-2024)
6.1.2 APAC Residual Aromatic Extract Revenue by Region (2019-2024)
6.2 APAC Residual Aromatic Extract Sales by Type
6.3 APAC Residual Aromatic Extract Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Residual Aromatic Extract by Country
7.1.1 Europe Residual Aromatic Extract Sales by Country (2019-2024)
7.1.2 Europe Residual Aromatic Extract Revenue by Country (2019-2024)
7.2 Europe Residual Aromatic Extract Sales by Type
7.3 Europe Residual Aromatic Extract Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Residual Aromatic Extract by Country
8.1.1 Middle East & Africa Residual Aromatic Extract Sales by Country (2019-2024)
8.1.2 Middle East & Africa Residual Aromatic Extract Revenue by Country (2019-2024)
8.2 Middle East & Africa Residual Aromatic Extract Sales by Type
8.3 Middle East & Africa Residual Aromatic Extract Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Residual Aromatic Extract
10.3 Manufacturing Process Analysis of Residual Aromatic Extract
10.4 Industry Chain Structure of Residual Aromatic Extract
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Residual Aromatic Extract Distributors
11.3 Residual Aromatic Extract Customer
12 World Forecast Review for Residual Aromatic Extract by Geographic Region
12.1 Global Residual Aromatic Extract Market Size Forecast by Region
12.1.1 Global Residual Aromatic Extract Forecast by Region (2025-2030)
12.1.2 Global Residual Aromatic Extract Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Residual Aromatic Extract Forecast by Type
12.7 Global Residual Aromatic Extract Forecast by Application
13 Key Players Analysis
13.1 Shell
13.1.1 Shell Company Information
13.1.2 Shell Residual Aromatic Extract Product Portfolios and Specifications
13.1.3 Shell Residual Aromatic Extract Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Shell Main Business Overview
13.1.5 Shell Latest Developments
13.2 H&R Group
13.2.1 H&R Group Company Information
13.2.2 H&R Group Residual Aromatic Extract Product Portfolios and Specifications
13.2.3 H&R Group Residual Aromatic Extract Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 H&R Group Main Business Overview
13.2.5 H&R Group Latest Developments
13.3 Eni S.p.A.
13.3.1 Eni S.p.A. Company Information
13.3.2 Eni S.p.A. Residual Aromatic Extract Product Portfolios and Specifications
13.3.3 Eni S.p.A. Residual Aromatic Extract Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Eni S.p.A. Main Business Overview
13.3.5 Eni S.p.A. Latest Developments
13.4 Repsol
13.4.1 Repsol Company Information
13.4.2 Repsol Residual Aromatic Extract Product Portfolios and Specifications
13.4.3 Repsol Residual Aromatic Extract Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Repsol Main Business Overview
13.4.5 Repsol Latest Developments
13.5 Orgkhim Biochemical Holdings
13.5.1 Orgkhim Biochemical Holdings Company Information
13.5.2 Orgkhim Biochemical Holdings Residual Aromatic Extract Product Portfolios and Specifications
13.5.3 Orgkhim Biochemical Holdings Residual Aromatic Extract Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Orgkhim Biochemical Holdings Main Business Overview
13.5.5 Orgkhim Biochemical Holdings Latest Developments
13.6 Total
13.6.1 Total Company Information
13.6.2 Total Residual Aromatic Extract Product Portfolios and Specifications
13.6.3 Total Residual Aromatic Extract Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Total Main Business Overview
13.6.5 Total Latest Developments
13.7 HollyFrontier
13.7.1 HollyFrontier Company Information
13.7.2 HollyFrontier Residual Aromatic Extract Product Portfolios and Specifications
13.7.3 HollyFrontier Residual Aromatic Extract Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 HollyFrontier Main Business Overview
13.7.5 HollyFrontier Latest Developments
13.8 IRPC
13.8.1 IRPC Company Information
13.8.2 IRPC Residual Aromatic Extract Product Portfolios and Specifications
13.8.3 IRPC Residual Aromatic Extract Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 IRPC Main Business Overview
13.8.5 IRPC Latest Developments
14 Research Findings and Conclusion
Ìý
Ìý
*If Applicable.
