| Product Code: ETC5670451 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Canada base oil market, the import trend showed a growth rate of 1.48% from 2023 to 2024, with a compound annual growth rate (CAGR) of 14.03% for the period 2020-2024. This increase in import momentum can be attributed to a consistent demand shift towards high-quality base oils, reflecting market stability amid evolving trade policies and industry recovery efforts.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Base Oil Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Base Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Base Oil Market - Industry Life Cycle |
3.4 Canada Base Oil Market - Porter's Five Forces |
3.5 Canada Base Oil Market Revenues & Volume Share, By Group, 2021 & 2031F |
3.6 Canada Base Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Canada Base Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing automotive industry in Canada, leading to increased demand for base oils for lubricants. |
4.2.2 Expansion of the manufacturing sector in Canada, driving the need for base oils in various industrial applications. |
4.2.3 Increasing focus on sustainable practices and environmental regulations promoting the use of bio-based and eco-friendly base oils. |
4.3 Market Restraints |
4.3.1 Fluctuating crude oil prices affecting the overall cost of base oils. |
4.3.2 Competition from substitute products like synthetic oils impacting the market share of base oils. |
4.3.3 Regulatory challenges and compliance requirements in the base oil industry. |
5 Canada Base Oil Market Trends |
6 Canada Base Oil Market Segmentations |
6.1 Canada Base Oil Market, By Group |
6.1.1 Overview and Analysis |
6.1.2 Canada Base Oil Market Revenues & Volume, By Group I, 2021-2031F |
6.1.3 Canada Base Oil Market Revenues & Volume, By Group II, 2021-2031F |
6.1.4 Canada Base Oil Market Revenues & Volume, By Group III, 2021-2031F |
6.1.5 Canada Base Oil Market Revenues & Volume, By Group IV, 2021-2031F |
6.1.6 Canada Base Oil Market Revenues & Volume, By Group V, 2021-2031F |
6.2 Canada Base Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Canada Base Oil Market Revenues & Volume, By Automotive Oil, 2021-2031F |
6.2.3 Canada Base Oil Market Revenues & Volume, By Industrial Oil, 2021-2031F |
6.2.4 Canada Base Oil Market Revenues & Volume, By Hydraulic Oil, 2021-2031F |
6.2.5 Canada Base Oil Market Revenues & Volume, By Grease, 2021-2031F |
6.2.6 Canada Base Oil Market Revenues & Volume, By Metalworking Fluid, 2021-2031F |
7 Canada Base Oil Market Import-Export Trade Statistics |
7.1 Canada Base Oil Market Export to Major Countries |
7.2 Canada Base Oil Market Imports from Major Countries |
8 Canada Base Oil Market Key Performance Indicators |
8.1 Adoption rate of bio-based and eco-friendly base oils in the Canadian market. |
8.2 Investment in research and development for innovation in base oil products. |
8.3 Number of partnerships and collaborations in the base oil industry for technology advancement. |
9 Canada Base Oil Market - Opportunity Assessment |
9.1 Canada Base Oil Market Opportunity Assessment, By Group, 2021 & 2031F |
9.2 Canada Base Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Canada Base Oil Market - Competitive Landscape |
10.1 Canada Base Oil Market Revenue Share, By Companies, 2024 |
10.2 Canada Base Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |