United States (US) Base Oil Market (2025-2031) Outlook | Growth, Revenue, Industry, Companies, Forecast, Size, Share, Analysis, Trends & Value
Market Forecast By Type (Group I, Group II, Group III, Group IV, Group V), By Application (Automotive, IndustrialApplication, Others) And Competitive Landscape
| Product Code: ETC4484462 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 |
United States (US) Base Oil Market Top 5 Importing Countries and Market Competition (HHI) Analysis
The United States saw diverse sources for its base oil imports in 2024, with Mexico, Iraq, Algeria, Saudi Arabia, and Canada being the top exporting countries. Despite the varied sources, the Herfindahl-Hirschman Index (HHI) indicated low concentration in the market. The compound annual growth rate (CAGR) from 2020 to 2024 was a healthy 7.97%, showcasing a steady upward trend. However, there was a notable decline in growth rate from 2023 to 2024 at -16.35%, suggesting a temporary slowdown in base oil import shipments to the US.
Key Highlights of the Report:
- United States (US) Base Oil Market Outlook
- Market Size of United States (US) Base Oil Market, 2024
- Forecast of United States (US) Base Oil Market, 2031
- Historical Data and Forecast of United States (US) Base Oil Revenues & Volume for the Period 2021 - 2031
- United States (US) Base Oil Market Trend Evolution
- United States (US) Base Oil Market Drivers and Challenges
- United States (US) Base Oil Price Trends
- United States (US) Base Oil Porter's Five Forces
- United States (US) Base Oil Industry Life Cycle
- Historical Data and Forecast of United States (US) Base Oil Market Revenues & Volume By Type for the Period 2021 - 2031
- Historical Data and Forecast of United States (US) Base Oil Market Revenues & Volume By Group I for the Period 2021 - 2031
- Historical Data and Forecast of United States (US) Base Oil Market Revenues & Volume By Group II for the Period 2021 - 2031
- Historical Data and Forecast of United States (US) Base Oil Market Revenues & Volume By Group III for the Period 2021 - 2031
- Historical Data and Forecast of United States (US) Base Oil Market Revenues & Volume By Group IV for the Period 2021 - 2031
- Historical Data and Forecast of United States (US) Base Oil Market Revenues & Volume By Group V for the Period 2021 - 2031
- Historical Data and Forecast of United States (US) Base Oil Market Revenues & Volume By Application for the Period 2021 - 2031
- Historical Data and Forecast of United States (US) Base Oil Market Revenues & Volume By Automotive for the Period 2021 - 2031
- Historical Data and Forecast of United States (US) Base Oil Market Revenues & Volume By IndustrialApplication for the Period 2021 - 2031
- Historical Data and Forecast of United States (US) Base Oil Market Revenues & Volume By Others for the Period 2021 - 2031
- United States (US) Base Oil Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Application
- United States (US) Base Oil Top Companies Market Share
- United States (US) Base Oil Competitive Benchmarking By Technical and Operational Parameters
- United States (US) Base Oil Company Profiles
- United States (US) Base Oil Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the United States (US) Base Oil Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the United States (US) Base Oil Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 United States (US) Base Oil Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Base Oil Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Base Oil Market - Industry Life Cycle |
3.4 United States (US) Base Oil Market - Porter's Five Forces |
3.5 United States (US) Base Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United States (US) Base Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United States (US) Base Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lubricants in automotive and industrial sectors |
4.2.2 Growth in the manufacturing and construction industries |
4.2.3 Technological advancements leading to the development of high-performance base oils |
4.3 Market Restraints |
4.3.1 Fluctuating crude oil prices impacting the cost of base oils |
4.3.2 Stringent environmental regulations promoting the use of alternative products |
4.3.3 Competition from synthetic base oils affecting market share |
5 United States (US) Base Oil Market Trends |
6 United States (US) Base Oil Market, By Types |
6.1 United States (US) Base Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Base Oil Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 United States (US) Base Oil Market Revenues & Volume, By Group I, 2021 - 2031F |
6.1.4 United States (US) Base Oil Market Revenues & Volume, By Group II, 2021 - 2031F |
6.1.5 United States (US) Base Oil Market Revenues & Volume, By Group III, 2021 - 2031F |
6.1.6 United States (US) Base Oil Market Revenues & Volume, By Group IV, 2021 - 2031F |
6.1.7 United States (US) Base Oil Market Revenues & Volume, By Group V, 2021 - 2031F |
6.2 United States (US) Base Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Base Oil Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.3 United States (US) Base Oil Market Revenues & Volume, By IndustrialApplication, 2021 - 2031F |
6.2.4 United States (US) Base Oil Market Revenues & Volume, By Others, 2021 - 2031F |
7 United States (US) Base Oil Market Import-Export Trade Statistics |
7.1 United States (US) Base Oil Market Export to Major Countries |
7.2 United States (US) Base Oil Market Imports from Major Countries |
8 United States (US) Base Oil Market Key Performance Indicators |
8.1 Average selling price of base oils |
8.2 Adoption rate of Group II and Group III base oils |
8.3 Investment in research and development for base oil products |
9 United States (US) Base Oil Market - Opportunity Assessment |
9.1 United States (US) Base Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United States (US) Base Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United States (US) Base Oil Market - Competitive Landscape |
10.1 United States (US) Base Oil Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Base Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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