| Product Code: ETC4484482 | Publication Date: Jul 2023 | Updated Date: Oct 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 |
In 2024, China base oil import market continued to see significant contributions from top exporters including South Korea, Singapore, and Qatar. Despite a slight decline in growth rate from 2023 to 2024, the market maintained high concentration levels with a Herfindahl-Hirschman Index (HHI) reflecting strong market dominance by key players. The compound annual growth rate (CAGR) for base oil imports into China from 2020 to 2024 stood at a steady 1.64%, indicating a stable upward trend in demand for this essential commodity.

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 China Asia-Pacific Base Oil Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Asia-Pacific Base Oil Market Revenues & Volume, 2021 & 2031F |
3.3 China Asia-Pacific Base Oil Market - Industry Life Cycle |
3.4 China Asia-Pacific Base Oil Market - Porter's Five Forces |
3.5 China Asia-Pacific Base Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 China Asia-Pacific Base Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 China Asia-Pacific Base Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing automotive industry in China leading to increased demand for base oil |
4.2.2 Increasing industrial activities and manufacturing sectors driving the consumption of base oil |
4.2.3 Government initiatives and regulations promoting the use of high-quality base oils in lubricants and greases |
4.3 Market Restraints |
4.3.1 Fluctuating crude oil prices impacting the cost of base oil production |
4.3.2 Environmental concerns leading to a shift towards bio-based and synthetic oils |
4.3.3 Competition from alternative lubricants impacting the demand for base oil |
5 China Asia-Pacific Base Oil Market Trends |
6 China Asia-Pacific Base Oil Market, By Types |
6.1 China Asia-Pacific Base Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 China Asia-Pacific Base Oil Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 China Asia-Pacific Base Oil Market Revenues & Volume, By Group I, 2021 - 2031F |
6.1.4 China Asia-Pacific Base Oil Market Revenues & Volume, By Group II, 2021 - 2031F |
6.1.5 China Asia-Pacific Base Oil Market Revenues & Volume, By Group III, 2021 - 2031F |
6.1.6 China Asia-Pacific Base Oil Market Revenues & Volume, By Group IV, 2021 - 2031F |
6.1.7 China Asia-Pacific Base Oil Market Revenues & Volume, By Group V, 2021 - 2031F |
6.2 China Asia-Pacific Base Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 China Asia-Pacific Base Oil Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.3 China Asia-Pacific Base Oil Market Revenues & Volume, By IndustrialApplication, 2021 - 2031F |
6.2.4 China Asia-Pacific Base Oil Market Revenues & Volume, By Others, 2021 - 2031F |
7 China Asia-Pacific Base Oil Market Import-Export Trade Statistics |
7.1 China Asia-Pacific Base Oil Market Export to Major Countries |
7.2 China Asia-Pacific Base Oil Market Imports from Major Countries |
8 China Asia-Pacific Base Oil Market Key Performance Indicators |
8.1 Average selling price of base oil in China |
8.2 Adoption rate of high-quality base oils in the automotive and industrial sectors |
8.3 Investments in research and development for innovative base oil formulations |
9 China Asia-Pacific Base Oil Market - Opportunity Assessment |
9.1 China Asia-Pacific Base Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 China Asia-Pacific Base Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 China Asia-Pacific Base Oil Market - Competitive Landscape |
10.1 China Asia-Pacific Base Oil Market Revenue Share, By Companies, 2024 |
10.2 China Asia-Pacific Base Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |