| Product Code: ETC5670518 | 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 |
Norway`s base oil import market in 2024 continued to showcase high concentration, with top exporting countries being Sweden, Netherlands, Canada, Germany, and the USA. Despite a slight decline in the compound annual growth rate (CAGR) from 2020-24 at -1.33%, the market saw a notable growth rate of 18.69% from 2023-24. This indicates a dynamic market environment with strong demand for base oil imports in Norway, driven by key suppliers from various regions globally.

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 Norway Base Oil Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Base Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Base Oil Market - Industry Life Cycle |
3.4 Norway Base Oil Market - Porter's Five Forces |
3.5 Norway Base Oil Market Revenues & Volume Share, By Group, 2021 & 2031F |
3.6 Norway Base Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Norway Base Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for bio-based and environmentally friendly base oils in Norway |
4.2.2 Growth in automotive and industrial sectors driving the need for base oils |
4.2.3 Technological advancements leading to the development of high-performance base oils |
4.3 Market Restraints |
4.3.1 Volatility in crude oil prices impacting the cost of base oils |
4.3.2 Stringent environmental regulations affecting the production and use of base oils |
4.3.3 Competition from substitute products such as synthetic oils |
5 Norway Base Oil Market Trends |
6 Norway Base Oil Market Segmentations |
6.1 Norway Base Oil Market, By Group |
6.1.1 Overview and Analysis |
6.1.2 Norway Base Oil Market Revenues & Volume, By Group I, 2021-2031F |
6.1.3 Norway Base Oil Market Revenues & Volume, By Group II, 2021-2031F |
6.1.4 Norway Base Oil Market Revenues & Volume, By Group III, 2021-2031F |
6.1.5 Norway Base Oil Market Revenues & Volume, By Group IV, 2021-2031F |
6.1.6 Norway Base Oil Market Revenues & Volume, By Group V, 2021-2031F |
6.2 Norway Base Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Norway Base Oil Market Revenues & Volume, By Automotive Oil, 2021-2031F |
6.2.3 Norway Base Oil Market Revenues & Volume, By Industrial Oil, 2021-2031F |
6.2.4 Norway Base Oil Market Revenues & Volume, By Hydraulic Oil, 2021-2031F |
6.2.5 Norway Base Oil Market Revenues & Volume, By Grease, 2021-2031F |
6.2.6 Norway Base Oil Market Revenues & Volume, By Metalworking Fluid, 2021-2031F |
7 Norway Base Oil Market Import-Export Trade Statistics |
7.1 Norway Base Oil Market Export to Major Countries |
7.2 Norway Base Oil Market Imports from Major Countries |
8 Norway Base Oil Market Key Performance Indicators |
8.1 Percentage of bio-based base oils in the market |
8.2 Adoption rate of high-performance base oils |
8.3 Number of new applications for base oils in emerging industries |
9 Norway Base Oil Market - Opportunity Assessment |
9.1 Norway Base Oil Market Opportunity Assessment, By Group, 2021 & 2031F |
9.2 Norway Base Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Norway Base Oil Market - Competitive Landscape |
10.1 Norway Base Oil Market Revenue Share, By Companies, 2024 |
10.2 Norway Base Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |