Industry Research Reports
Home > Reports > Chemical & Material > Group II Base Oil- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032
Group II Base Oil- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032
Industry: Chemical & Material
Published Date: 2026-07-14
Pages: 149 Pages
Report ld: 6894757
Request Sample
Customized Report
- Description
- Table of Contents
- Table of Figures
- Related Reports
PDF Download
- Description
- Table of Contents
- Table of Figures
- Related Reports
- PDF Download
Group II Base Oil Market Size(US$)
CAGR 2026-2032
6.7%
Market Size,2032
USD 31,700
Million
Market Snapshot
Market Size in 2026 (Value)
US$ 21,480 million
Market Forecast in 2032(Value)
US$ 31,700 million
CAGR
6.7%
Years Considered
2021-2032
Base Year
2026
Forecast Period
2026-2032
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Group II Base Oil was estimated to be worth US$ 20260 million in 2025 and is projected to reach US$ 31700 million, growing at a CAGR of 6.7% from 2026 to 2032.
Group II base oil is a type of mineral oil base stock that is commonly used in the production of lubricants. It is produced through a process called hydrocracking, which involves the conversion of heavy gas oils into cleaner, high-quality base oils. Group II base oils have improved properties compared to Group I base oils, including higher viscosity index, better oxidative stability, and lower sulfur content.
These improved properties make Group II base oils highly desirable for formulating lubricants for various applications, including automotive and industrial lubricants. They are often used in engine oils, hydraulic fluids, metalworking fluids, and many other lubricant formulations due to their enhanced performance characteristics.
The global Group II base oil market refers to the overall market for Group II base oils, which are used in the formulation of lubricants for various applications. This market is influenced by factors such as industrial activity, automotive industry growth, GDP growth in the Asia-Pacific region, market opportunities in the BRIC countries (Brazil, Russia, India, and China), and the growing demand for renewable energy.
The Group II base oil market is expected to witness significant growth during the forecast period. This growth is driven by the increasing demand for premium oils in the automotive sector, particularly in regions with a strong industrial presence and a growing GDP. The Asia-Pacific region, in particular, is expected to lead the market in terms of value and quantity due to the rise in industrialization and economic development.
The favorable market opportunities in the BRIC countries, coupled with the increasing emphasis on renewable energy sources, are further expected to drive the growth of the Group II base oil market. As a result, various companies, including major oil corporations and independent lubricant manufacturers, are actively participating in the production, marketing, and distribution of Group II base oils to meet the growing demand.
This report provides a comprehensive view of the global market for Group II Base Oil, covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Group II Base Oil market size, estimations, and forecasts are presented in terms of sales volume (Kiloton) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Group II Base Oil.
MARKET SEGMENTATION
By Company
- Chevron Corporation
- Exxon Mobil Corporation
- S-OIL Corporation
- Motiva Enterprises LLC
- SK innovation
- AVISTA OIL AG
- Nynas AB
- Shell
- BP
- TotalEnergies
- Repsol
- Phillips 66
- H&R Group
- Petrobras
- Ergon Inc.
- GS Caltex
- Indian Oil Corporation Ltd.
Consumption by Region
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Segment by Type
- Mineral
- Synthetic
- Bio-based
Segment by Application
- Automotive Oil
- Industrial Oil
- Hydraulic Oil
- Grease
- Metalworking Fluid
- Others
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.
Chapter 2: Provides a detailed analysis of the Group II Base Oil manufacturers' competitive landscape—including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Group II Base Oil sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Group II Base Oil sales and revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.
Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
Market entry risks/opportunities by region
We identify regional market threats and growth prospects to guide your overseas layout.
Product mix optimization based on local practices
We adjust product portfolios in line with local consumption habits.
Competitor tactics in fragmented vs. consolidated markets
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
Full Research Coverage
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
19 Years Industry Expertise
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
24/7 Fast Report Delivery
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
Localized Strategic Analysis
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
Market entry risks/opportunities by region
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
Market entry risks/opportunities by region
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Group II Base Oil Product Introduction
1.2 Global Group II Base Oil Market Size Forecast
1.2.1 Global Group II Base Oil Sales Value (2021–2032)
1.2.2 Global Group II Base Oil Sales Volume (2021–2032)
1.2.3 Global Group II Base Oil Sales Price (2021–2032)
1.3 Group II Base Oil Market Trends & Drivers
1.3.1 Group II Base Oil Industry Trends
1.3.2 Group II Base Oil Market Drivers & Opportunities
1.3.3 Group II Base Oil Market Challenges
1.3.4 Group II Base Oil Market Restraints
1.3.5 Impact of U.S. Tariffs
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Group II Base Oil Players Revenue Ranking (2025)
2.2 Global Group II Base Oil Revenue by Company (2021–2026)
2.3 Global Group II Base Oil Sales Volume Ranking of Players (2025)
2.4 Global Group II Base Oil Sales Volume by Company (2021–2026)
2.5 Global Group II Base Oil Average Price by Company (2021–2026)
2.6 Key Manufacturers Group II Base Oil Manufacturing Base and Headquarters
2.7 Key Manufacturers Group II Base Oil Product Offerings
2.8 Key Manufacturers Start of Mass Production of Group II Base Oil
2.9 Group II Base Oil Market Competitive Analysis
2.9.1 Group II Base Oil Market Concentration Rate (2021–2026)
2.9.2 Global 5 and 10 Largest Manufacturers by Group II Base Oil Revenue in 2025
2.9.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Group II Base Oil revenue, 2025
2.10 Mergers & Acquisitions and Expansion
3 Segmentation Group II Base Oil Market Classification
3.1 Introduction by Type
3.1.1 Mineral
3.1.2 Synthetic
3.1.3 Bio-based
3.1.4 Global Group II Base Oil Sales Value by Type
3.1.4.1 Global Group II Base Oil Sales Value by Type (2021 vs 2025 vs 2032)
3.1.4.2 Global Group II Base Oil Sales Value, by Type (2021–2032)
3.1.4.3 Global Group II Base Oil Sales Value, by Type (%), 2021–2032
3.1.5 Global Group II Base Oil Sales Volume by Type
3.1.5.1 Global Group II Base Oil Sales Volume by Type (2021 vs 2025 vs 2032)
3.1.5.2 Global Group II Base Oil Sales Volume, by Type (2021–2032)
3.1.5.3 Global Group II Base Oil Sales Volume, by Type (%), 2021–2032
3.1.6 Global Group II Base Oil Average Price by Type (2021–2032)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Automotive Oil
4.1.2 Industrial Oil
4.1.3 Hydraulic Oil
4.1.4 Grease
4.1.5 Metalworking Fluid
4.1.6 Others
4.2 Global Group II Base Oil Sales Value by Application
4.2.1 Global Group II Base Oil Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global Group II Base Oil Sales Value, by Application (2021–2032)
4.2.3 Global Group II Base Oil Sales Value, by Application (%), 2021–2032
4.3 Global Group II Base Oil Sales Volume by Application
4.3.1 Global Group II Base Oil Sales Volume by Application (2021 vs 2025 vs 2032)
4.3.2 Global Group II Base Oil Sales Volume, by Application (2021–2032)
4.3.3 Global Group II Base Oil Sales Volume, by Application (%), 2021–2032
4.4 Global Group II Base Oil Average Price by Application (2021–2032)
5 Segmentation by Region
5.1 Global Group II Base Oil Sales Value by Region
5.1.1 Global Group II Base Oil Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global Group II Base Oil Sales Value by Region (2021–2026)
5.1.3 Global Group II Base Oil Sales Value by Region (2027–2032)
5.1.4 Global Group II Base Oil Sales Value by Region (%), 2021–2032
5.2 Global Group II Base Oil Sales Volume by Region
5.2.1 Global Group II Base Oil Sales Volume by Region: 2021 vs 2025 vs 2032
5.2.2 Global Group II Base Oil Sales Volume by Region (2021–2026)
5.2.3 Global Group II Base Oil Sales Volume by Region (2027–2032)
5.2.4 Global Group II Base Oil Sales Volume by Region (%), 2021–2032
5.3 Global Group II Base Oil Average Price by Region (2021–2032)
5.4 North America
5.4.1 North America Group II Base Oil Sales Value, 2021–2032
5.4.2 North America Group II Base Oil Sales Value by Country (%), 2025 vs 2032
5.5 Europe
5.5.1 Europe Group II Base Oil Sales Value, 2021–2032
5.5.2 Europe Group II Base Oil Sales Value by Country (%), 2025 vs 2032
5.6 Asia Pacific
5.6.1 Asia Pacific Group II Base Oil Sales Value, 2021–2032
5.6.2 Asia Pacific Group II Base Oil Sales Value by Region (%), 2025 vs 2032
5.7 South America
5.7.1 South America Group II Base Oil Sales Value, 2021–2032
5.7.2 South America Group II Base Oil Sales Value by Country (%), 2025 vs 2032
5.8 Middle East & Africa
5.8.1 Middle East & Africa Group II Base Oil Sales Value, 2021–2032
5.8.2 Middle East & Africa Group II Base Oil Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Group II Base Oil Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Group II Base Oil Sales Value and Sales Volume
6.2.1 Key Countries/Regions Group II Base Oil Sales Value, 2021–2032
6.2.2 Key Countries/Regions Group II Base Oil Sales Volume, 2021–2032
6.3 United States
6.3.1 United States Group II Base Oil Sales Value, 2021–2032
6.3.2 United States Group II Base Oil Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Group II Base Oil Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Group II Base Oil Sales Value, 2021–2032
6.4.2 Europe Group II Base Oil Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Group II Base Oil Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Group II Base Oil Sales Value, 2021–2032
6.5.2 China Group II Base Oil Sales Value by Type (%), 2025 vs 2032
6.5.3 China Group II Base Oil Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Group II Base Oil Sales Value, 2021–2032
6.6.2 Japan Group II Base Oil Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Group II Base Oil Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Group II Base Oil Sales Value, 2021–2032
6.7.2 South Korea Group II Base Oil Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Group II Base Oil Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Group II Base Oil Sales Value, 2021–2032
6.8.2 Southeast Asia Group II Base Oil Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Group II Base Oil Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Group II Base Oil Sales Value, 2021–2032
6.9.2 India Group II Base Oil Sales Value by Type (%), 2025 vs 2032
6.9.3 India Group II Base Oil Sales Value by Application, 2025 vs 2032
7 Company Profiles
7.1 Chevron Corporation
7.1.1 Chevron Corporation Company Information
7.1.2 Chevron Corporation Introduction and Business Overview
7.1.3 Chevron Corporation Group II Base Oil Sales, Revenue, Price and Gross Margin (2021–2026)
7.1.4 Chevron Corporation Group II Base Oil Product Offerings
7.1.5 Chevron Corporation Recent Developments
7.2 Exxon Mobil Corporation
7.2.1 Exxon Mobil Corporation Company Information
7.2.2 Exxon Mobil Corporation Introduction and Business Overview
7.2.3 Exxon Mobil Corporation Group II Base Oil Sales, Revenue, Price and Gross Margin (2021–2026)
7.2.4 Exxon Mobil Corporation Group II Base Oil Product Offerings
7.2.5 Exxon Mobil Corporation Recent Developments
7.3 S-OIL Corporation
7.3.1 S-OIL Corporation Company Information
7.3.2 S-OIL Corporation Introduction and Business Overview
7.3.3 S-OIL Corporation Group II Base Oil Sales, Revenue, Price and Gross Margin (2021–2026)
7.3.4 S-OIL Corporation Group II Base Oil Product Offerings
7.3.5 S-OIL Corporation Recent Developments
7.4 Motiva Enterprises LLC
7.4.1 Motiva Enterprises LLC Company Information
7.4.2 Motiva Enterprises LLC Introduction and Business Overview
7.4.3 Motiva Enterprises LLC Group II Base Oil Sales, Revenue, Price and Gross Margin (2021–2026)
7.4.4 Motiva Enterprises LLC Group II Base Oil Product Offerings
7.4.5 Motiva Enterprises LLC Recent Developments
7.5 SK innovation
7.5.1 SK innovation Company Information
7.5.2 SK innovation Introduction and Business Overview
7.5.3 SK innovation Group II Base Oil Sales, Revenue, Price and Gross Margin (2021–2026)
7.5.4 SK innovation Group II Base Oil Product Offerings
7.5.5 SK innovation Recent Developments
7.6 AVISTA OIL AG
7.6.1 AVISTA OIL AG Company Information
7.6.2 AVISTA OIL AG Introduction and Business Overview
7.6.3 AVISTA OIL AG Group II Base Oil Sales, Revenue, Price and Gross Margin (2021–2026)
7.6.4 AVISTA OIL AG Group II Base Oil Product Offerings
7.6.5 AVISTA OIL AG Recent Developments
7.7 Nynas AB
7.7.1 Nynas AB Company Information
7.7.2 Nynas AB Introduction and Business Overview
7.7.3 Nynas AB Group II Base Oil Sales, Revenue, Price and Gross Margin (2021–2026)
7.7.4 Nynas AB Group II Base Oil Product Offerings
7.7.5 Nynas AB Recent Developments
7.8 Shell
7.8.1 Shell Company Information
7.8.2 Shell Introduction and Business Overview
7.8.3 Shell Group II Base Oil Sales, Revenue, Price and Gross Margin (2021–2026)
7.8.4 Shell Group II Base Oil Product Offerings
7.8.5 Shell Recent Developments
7.9 BP
7.9.1 BP Company Information
7.9.2 BP Introduction and Business Overview
7.9.3 BP Group II Base Oil Sales, Revenue, Price and Gross Margin (2021–2026)
7.9.4 BP Group II Base Oil Product Offerings
7.9.5 BP Recent Developments
7.10 TotalEnergies
7.10.1 TotalEnergies Company Information
7.10.2 TotalEnergies Introduction and Business Overview
7.10.3 TotalEnergies Group II Base Oil Sales, Revenue, Price and Gross Margin (2021–2026)
7.10.4 TotalEnergies Group II Base Oil Product Offerings
7.10.5 TotalEnergies Recent Developments
7.11 Repsol
7.11.1 Repsol Company Information
7.11.2 Repsol Introduction and Business Overview
7.11.3 Repsol Group II Base Oil Sales, Revenue, Price and Gross Margin (2021–2026)
7.11.4 Repsol Group II Base Oil Product Offerings
7.11.5 Repsol Recent Developments
7.12 Phillips 66
7.12.1 Phillips 66 Company Information
7.12.2 Phillips 66 Introduction and Business Overview
7.12.3 Phillips 66 Group II Base Oil Sales, Revenue, Price and Gross Margin (2021–2026)
7.12.4 Phillips 66 Group II Base Oil Product Offerings
7.12.5 Phillips 66 Recent Developments
7.13 H&R Group
7.13.1 H&R Group Company Information
7.13.2 H&R Group Introduction and Business Overview
7.13.3 H&R Group Group II Base Oil Sales, Revenue, Price and Gross Margin (2021–2026)
7.13.4 H&R Group Group II Base Oil Product Offerings
7.13.5 H&R Group Recent Developments
7.14 Petrobras
7.14.1 Petrobras Company Information
7.14.2 Petrobras Introduction and Business Overview
7.14.3 Petrobras Group II Base Oil Sales, Revenue, Price and Gross Margin (2021–2026)
7.14.4 Petrobras Group II Base Oil Product Offerings
7.14.5 Petrobras Recent Developments
7.15 Ergon Inc.
7.15.1 Ergon Inc. Company Information
7.15.2 Ergon Inc. Introduction and Business Overview
7.15.3 Ergon Inc. Group II Base Oil Sales, Revenue, Price and Gross Margin (2021–2026)
7.15.4 Ergon Inc. Group II Base Oil Product Offerings
7.15.5 Ergon Inc. Recent Developments
7.16 GS Caltex
7.16.1 GS Caltex Company Information
7.16.2 GS Caltex Introduction and Business Overview
7.16.3 GS Caltex Group II Base Oil Sales, Revenue, Price and Gross Margin (2021–2026)
7.16.4 GS Caltex Group II Base Oil Product Offerings
7.16.5 GS Caltex Recent Developments
7.17 Indian Oil Corporation Ltd.
7.17.1 Indian Oil Corporation Ltd. Company Information
7.17.2 Indian Oil Corporation Ltd. Introduction and Business Overview
7.17.3 Indian Oil Corporation Ltd. Group II Base Oil Sales, Revenue, Price and Gross Margin (2021–2026)
7.17.4 Indian Oil Corporation Ltd. Group II Base Oil Product Offerings
7.17.5 Indian Oil Corporation Ltd. Recent Developments
8 Industry Chain Analysis
8.1 Group II Base Oil Industrial Chain
8.2 Group II Base Oil Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customer Analysis)
8.5 Sales Model and Sales Channelss
8.5.1 Group II Base Oil Sales Model
8.5.2 Sales Channels
8.5.3 Group II Base Oil Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
Table 1. Group II Base Oil Market Trends
Table 2. Group II Base Oil Market Drivers & Opportunities
Table 3. Group II Base Oil Market Challenges
Table 4. Group II Base Oil Market Restraints
Table 5. Global Group II Base Oil Revenue by Company (US$ Million), 2021–2026
Table 6. Global Group II Base Oil Revenue Market Share by Company (2021–2026)
Table 7. Global Group II Base Oil Sales Volume by Company (Kiloton), 2021–2026
Table 8. Global Group II Base Oil Sales Volume Market Share by Company (2021–2026)
Table 9. Global Market Group II Base Oil Price by Company (US$/Ton), 2021–2026
Table 10. Key Manufacturers Group II Base Oil Manufacturing Base and Headquarters
Table 11. Key Manufacturers Group II Base Oil Product Type
Table 12. Key Manufacturers Start of Mass Production of Group II Base Oil
Table 13. Global Group II Base Oil Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Global Top Manufacturers Market Share by Tier (Tier 1, Tier 2, Tier 3), based on Group II Base Oil revenue, 2025
Table 15. Mergers & Acquisitions and Expansion Plans
Table 16. Global Group II Base Oil Sales Value by Type: 2021 vs 2025 vs 2032 (US$ Million)
Table 17. Global Group II Base Oil Sales Value by Type (US$ Million), 2021–2026
Table 18. Global Group II Base Oil Sales Value by Type (US$ Million), 2027–2032
Table 19. Global Group II Base Oil Sales Market Share in Value by Type (2021–2026)
Table 20. Global Group II Base Oil Sales Market Share in Value by Type (2027–2032)
Table 21. Global Group II Base Oil Sales Volume by Type: 2021 vs 2025 vs 2032 (Kiloton)
Table 22. Global Group II Base Oil Sales Volume by Type (Kiloton), 2021–2026
Table 23. Global Group II Base Oil Sales Volume by Type (Kiloton), 2027–2032
Table 24. Global Group II Base Oil Sales Market Share in Volume by Type (2021–2026)
Table 25. Global Group II Base Oil Sales Market Share in Volume by Type (2027–2032)
Table 26. Global Group II Base Oil Price by Type (US$/Ton), 2021–2026
Table 27. Global Group II Base Oil Price by Type (US$/Ton), 2027–2032
Table 28. Global Group II Base Oil Sales Value by Application: 2021 vs 2025 vs 2032 (US$ Million)
Table 29. Global Group II Base Oil Sales Value by Application (US$ Million), 2021–2026
Table 30. Global Group II Base Oil Sales Value by Application (US$ Million), 2027–2032
Table 31. Global Group II Base Oil Sales Market Share in Value by Application (2021–2026)
Table 32. Global Group II Base Oil Sales Market Share in Value by Application (2027–2032)
Table 33. Global Group II Base Oil Sales Volume by Application: 2021 vs 2025 vs 2032 (Kiloton)
Table 34. Global Group II Base Oil Sales Volume by Application (Kiloton), 2021–2026
Table 35. Global Group II Base Oil Sales Volume by Application (Kiloton), 2027–2032
Table 36. Global Group II Base Oil Sales Market Share in Volume by Application (2021–2026)
Table 37. Global Group II Base Oil Sales Market Share in Volume by Application (2027–2032)
Table 38. Global Group II Base Oil Price by Application (US$/Ton), 2021–2026
Table 39. Global Group II Base Oil Price by Application (US$/Ton), 2027–2032
Table 40. Global Group II Base Oil Sales Value by Region, (US$ Million), 2021 vs 2025 vs 2032
Table 41. Global Group II Base Oil Sales Value by Region (US$ Million), 2021–2026
Table 42. Global Group II Base Oil Sales Value by Region (US$ Million), 2027–2032
Table 43. Global Group II Base Oil Sales Value by Region (%), 2021–2026
Table 44. Global Group II Base Oil Sales Value by Region (%), 2027–2032
Table 45. Global Group II Base Oil Sales Volume by Region (Kiloton): 2021 vs 2025 vs 2032
Table 46. Global Group II Base Oil Sales Volume by Region (Kiloton), 2021–2026
Table 47. Global Group II Base Oil Sales Volume by Region (Kiloton), 2027–2032
Table 48. Global Group II Base Oil Sales Volume by Region (%), 2021–2026
Table 49. Global Group II Base Oil Sales Volume by Region (%), 2027–2032
Table 50. Global Group II Base Oil Average Price by Region (US$/Ton), 2021–2026
Table 51. Global Group II Base Oil Average Price by Region (US$/Ton), 2027–2032
Table 52. Key Countries/Regions Group II Base Oil Sales Value Growth Trends, (US$ Million): 2021 vs 2025 vs 2032
Table 53. Key Countries/Regions Group II Base Oil Sales Value, (US$ Million), 2021–2026
Table 54. Key Countries/Regions Group II Base Oil Sales Value, (US$ Million), 2027–2032
Table 55. Key Countries/Regions Group II Base Oil Sales Volume, (Kiloton), 2021–2026
Table 56. Key Countries/Regions Group II Base Oil Sales Volume, (Kiloton), 2027–2032
Table 57. Chevron Corporation Company Information
Table 58. Chevron Corporation Introduction and Business Overview
Table 59. Chevron Corporation Group II Base Oil Sales (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
Table 60. Chevron Corporation Group II Base Oil Product Offerings
Table 61. Chevron Corporation Recent Developments
Table 62. Exxon Mobil Corporation Company Information
Table 63. Exxon Mobil Corporation Introduction and Business Overview
Table 64. Exxon Mobil Corporation Group II Base Oil Sales (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
Table 65. Exxon Mobil Corporation Group II Base Oil Product Offerings
Table 66. Exxon Mobil Corporation Recent Developments
Table 67. S-OIL Corporation Company Information
Table 68. S-OIL Corporation Introduction and Business Overview
Table 69. S-OIL Corporation Group II Base Oil Sales (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
Table 70. S-OIL Corporation Group II Base Oil Product Offerings
Table 71. S-OIL Corporation Recent Developments
Table 72. Motiva Enterprises LLC Company Information
Table 73. Motiva Enterprises LLC Introduction and Business Overview
Table 74. Motiva Enterprises LLC Group II Base Oil Sales (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
Table 75. Motiva Enterprises LLC Group II Base Oil Product Offerings
Table 76. Motiva Enterprises LLC Recent Developments
Table 77. SK innovation Company Information
Table 78. SK innovation Introduction and Business Overview
Table 79. SK innovation Group II Base Oil Sales (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
Table 80. SK innovation Group II Base Oil Product Offerings
Table 81. SK innovation Recent Developments
Table 82. AVISTA OIL AG Company Information
Table 83. AVISTA OIL AG Introduction and Business Overview
Table 84. AVISTA OIL AG Group II Base Oil Sales (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
Table 85. AVISTA OIL AG Group II Base Oil Product Offerings
Table 86. AVISTA OIL AG Recent Developments
Table 87. Nynas AB Company Information
Table 88. Nynas AB Introduction and Business Overview
Table 89. Nynas AB Group II Base Oil Sales (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
Table 90. Nynas AB Group II Base Oil Product Offerings
Table 91. Nynas AB Recent Developments
Table 92. Shell Company Information
Table 93. Shell Introduction and Business Overview
Table 94. Shell Group II Base Oil Sales (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
Table 95. Shell Group II Base Oil Product Offerings
Table 96. Shell Recent Developments
Table 97. BP Company Information
Table 98. BP Introduction and Business Overview
Table 99. BP Group II Base Oil Sales (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
Table 100. BP Group II Base Oil Product Offerings
Table 101. BP Recent Developments
Table 102. TotalEnergies Company Information
Table 103. TotalEnergies Introduction and Business Overview
Table 104. TotalEnergies Group II Base Oil Sales (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
Table 105. TotalEnergies Group II Base Oil Product Offerings
Table 106. TotalEnergies Recent Developments
Table 107. Repsol Company Information
Table 108. Repsol Introduction and Business Overview
Table 109. Repsol Group II Base Oil Sales (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
Table 110. Repsol Group II Base Oil Product Offerings
Table 111. Repsol Recent Developments
Table 112. Phillips 66 Company Information
Table 113. Phillips 66 Introduction and Business Overview
Table 114. Phillips 66 Group II Base Oil Sales (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
Table 115. Phillips 66 Group II Base Oil Product Offerings
Table 116. Phillips 66 Recent Developments
Table 117. H&R Group Company Information
Table 118. H&R Group Introduction and Business Overview
Table 119. H&R Group Group II Base Oil Sales (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
Table 120. H&R Group Group II Base Oil Product Offerings
Table 121. H&R Group Recent Developments
Table 122. Petrobras Company Information
Table 123. Petrobras Introduction and Business Overview
Table 124. Petrobras Group II Base Oil Sales (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
Table 125. Petrobras Group II Base Oil Product Offerings
Table 126. Petrobras Recent Developments
Table 127. Ergon Inc. Company Information
Table 128. Ergon Inc. Introduction and Business Overview
Table 129. Ergon Inc. Group II Base Oil Sales (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
Table 130. Ergon Inc. Group II Base Oil Product Offerings
Table 131. Ergon Inc. Recent Developments
Table 132. GS Caltex Company Information
Table 133. GS Caltex Introduction and Business Overview
Table 134. GS Caltex Group II Base Oil Sales (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
Table 135. GS Caltex Group II Base Oil Product Offerings
Table 136. GS Caltex Recent Developments
Table 137. Indian Oil Corporation Ltd. Company Information
Table 138. Indian Oil Corporation Ltd. Introduction and Business Overview
Table 139. Indian Oil Corporation Ltd. Group II Base Oil Sales (Kiloton), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2021–2026)
Table 140. Indian Oil Corporation Ltd. Group II Base Oil Product Offerings
Table 141. Indian Oil Corporation Ltd. Recent Developments
Table 142. Key Raw Materials Lists
Table 143. Key Suppliers of Raw Materials Lists
Table 144. Group II Base Oil Downstream Customers
Table 145. Group II Base Oil Distributors List
Table 146. Research Programs/Design for This Report
Table 147. Key Data Information from Secondary Sources
Table 148. Key Data Information from Primary Sources
List of Figures
Figure 1. Group II Base Oil Product Picture
Figure 2. Global Group II Base Oil Sales Value, 2021 vs 2025 vs 2032 (US$ Million)
Figure 3. Global Group II Base Oil Sales Value (US$ Million), 2021–2032
Figure 4. Global Group II Base Oil Sales Volume (Kiloton), 2021–2032
Figure 5. Global Group II Base Oil Sales Price (US$/Ton), 2021–2032
Figure 6. Group II Base Oil Report Years Considered
Figure 7. Global Group II Base Oil Players Revenue Ranking (US$ Million), 2025
Figure 8. Global Group II Base Oil Sales Volume Ranking of Players (Kiloton), 2025
Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Group II Base Oil Revenue in 2025
Figure 10. Group II Base Oil Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2021 vs 2025
Figure 11. Mineral Picture
Figure 12. Synthetic Picture
Figure 13. Bio-based Picture
Figure 14. Global Group II Base Oil Sales Value by Type (US$ Million), 2021 vs 2025 vs 2032
Figure 15. Global Group II Base Oil Sales Value Market Share by Type, 2025 & 2032
Figure 16. Global Group II Base Oil Sales Volume by Type (Kiloton), 2021 vs 2025 vs 2032
Figure 17. Global Group II Base Oil Sales Volume Market Share by Type, 2025 & 2032
Figure 18. Global Group II Base Oil Price by Type (US$/Ton), 2021–2032
Figure 19. Product Picture of Automotive Oil
Figure 20. Product Picture of Industrial Oil
Figure 21. Product Picture of Hydraulic Oil
Figure 22. Product Picture of Grease
Figure 23. Product Picture of Metalworking Fluid
Figure 24. Product Picture of Others
Figure 25. Global Group II Base Oil Sales Value by Application (US$ Million), 2021 vs 2025 vs 2032
Figure 26. Global Group II Base Oil Sales Value Market Share by Application, 2025 & 2032
Figure 27. Global Group II Base Oil Sales Volume by Application (Kiloton), 2021 vs 2025 vs 2032
Figure 28. Global Group II Base Oil Sales Volume Market Share by Application, 2025 & 2032
Figure 29. Global Group II Base Oil Price by Application (US$/Ton), 2021–2032
Figure 30. North America Group II Base Oil Sales Value (US$ Million), 2021–2032
Figure 31. North America Group II Base Oil Sales Value by Country (%), 2025 vs 2032
Figure 32. Europe Group II Base Oil Sales Value (US$ Million), 2021–2032
Figure 33. Europe Group II Base Oil Sales Value by Country (%), 2025 vs 2032
Figure 34. Asia Pacific Group II Base Oil Sales Value (US$ Million), 2021–2032
Figure 35. Asia Pacific Group II Base Oil Sales Value by Region (%), 2025 vs 2032
Figure 36. South America Group II Base Oil Sales Value (US$ Million), 2021–2032
Figure 37. South America Group II Base Oil Sales Value by Country (%), 2025 vs 2032
Figure 38. Middle East & Africa Group II Base Oil Sales Value (US$ Million), 2021–2032
Figure 39. Middle East & Africa Group II Base Oil Sales Value by Country (%), 2025 vs 2032
Figure 40. Key Countries/Regions Group II Base Oil Sales Value (%), 2021–2032
Figure 41. Key Countries/Regions Group II Base Oil Sales Volume (%), 2021–2032
Figure 42. United States Group II Base Oil Sales Value (US$ Million), 2021–2032
Figure 43. United States Group II Base Oil Sales Value by Type (%), 2025 vs 2032
Figure 44. United States Group II Base Oil Sales Value by Application (%), 2025 vs 2032
Figure 45. Europe Group II Base Oil Sales Value (US$ Million), 2021–2032
Figure 46. Europe Group II Base Oil Sales Value by Type (%), 2025 vs 2032
Figure 47. Europe Group II Base Oil Sales Value by Application (%), 2025 vs 2032
Figure 48. China Group II Base Oil Sales Value (US$ Million), 2021–2032
Figure 49. China Group II Base Oil Sales Value by Type (%), 2025 vs 2032
Figure 50. China Group II Base Oil Sales Value by Application (%), 2025 vs 2032
Figure 51. Japan Group II Base Oil Sales Value (US$ Million), 2021–2032
Figure 52. Japan Group II Base Oil Sales Value by Type (%), 2025 vs 2032
Figure 53. Japan Group II Base Oil Sales Value by Application (%), 2025 vs 2032
Figure 54. South Korea Group II Base Oil Sales Value (US$ Million), 2021–2032
Figure 55. South Korea Group II Base Oil Sales Value by Type (%), 2025 vs 2032
Figure 56. South Korea Group II Base Oil Sales Value by Application (%), 2025 vs 2032
Figure 57. Southeast Asia Group II Base Oil Sales Value (US$ Million), 2021–2032
Figure 58. Southeast Asia Group II Base Oil Sales Value by Type (%), 2025 vs 2032
Figure 59. Southeast Asia Group II Base Oil Sales Value by Application (%), 2025 vs 2032
Figure 60. India Group II Base Oil Sales Value (US$ Million), 2021–2032
Figure 61. India Group II Base Oil Sales Value by Type (%), 2025 vs 2032
Figure 62. India Group II Base Oil Sales Value by Application (%), 2025 vs 2032
Figure 63. Group II Base Oil Industrial Chain
Figure 64. Group II Base Oil Manufacturing Cost Structure
Figure 65. Channels of Distribution (Direct Sales, and Distribution)
Figure 66. Bottom-up and Top-down Approaches for This Report
Figure 67. Data Triangulation
Figure 68. Key Executives Interviewed
KEY QUESTIONS ADDRESSED BY THE REPORT
Which companies rank high in the global Group II Base Oil market?
The top companies in the global Group II Base Oil market are Chevron Corporation、Exxon Mobil Corporation、S-OIL Corporation.
What is the annual compound growth rate of the global Group II Base Oil market size from 2026 to 2032?
What was the global market size of Group II Base Oil in 2032?
Which region is expected to have the highest market share?
What was the global market size of Group II Base Oil in 2026?
Related Reports
Global Group II Base Oil Market Research Report 2026
The global Group II Base Oil market was valued at US$ 20260 million in 2025 and is anticipated to reach US$ 31700 million by 2032, at a CAGR of 6.7% from 2026 to 2032.
Published Date: 2026-04-21
Pages: 147
USD 2900.00
(Single User License)
Global Group II Base Oil Market Outlook, In‑Depth Analysis & Forecast to 2031
The global Group II Base Oil market is projected to grow from US$ 19110 million in 2024 to US$ 29900 million by 2031, at a CAGR of 6.7% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published Date: 2025-10-22
Pages: 180
USD 4900.00
(Single User License)
Group II Base Oil- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
The global market for Group II Base Oil was estimated to be worth US$ 19110 million in 2024 and is forecast to a readjusted size of US$ 29900 million by 2031 with a CAGR of 6.7% during the forecast period 2025-2031.
Published Date: 2025-02-15
Pages: 148
USD 3950.00
(Single User License)
Global Group II Base Oil Market Research Report 2025
The global market for Group II Base Oil was valued at US$ 19110 million in the year 2024 and is projected to reach a revised size of US$ 29900 million by 2031, growing at a CAGR of 6.7% during the forecast period.
Published Date: 2025-02-15
Pages: 113
USD 2900.00
(Single User License)
Global Group II Base Oil Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
The global Group II Base Oil market size was US$ 19110 million in 2024 and is forecast to a readjusted size of US$ 29900 million by 2031 with a CAGR of 6.7% during the forecast period 2025-2031.
Published Date: 2025-02-15
Pages: 104
USD 4250.00
(Single User License)
Global Group II Base Oil Market Insights, Forecast to 2030
Group II base oil is a type of mineral oil base stock that is commonly used in the production of lubricants. It is produced through a process called hydrocracking, which involves the conversion of heavy gas oils into cleaner, high-quality base oils. Group II base oils have improved properties compared to Group I base oils, including higher viscosity index, better oxidative stability, and lower sulfur content.
Published Date: 2024-04-08
Pages: 119
USD 4900.00
(Single User License)
Group II Base Oil - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Group II base oil is a type of mineral oil base stock that is commonly used in the production of lubricants. It is produced through a process called hydrocracking, which involves the conversion of heavy gas oils into cleaner, high-quality base oils. Group II base oils have improved properties compared to Group I base oils, including higher viscosity index, better oxidative stability, and lower sulfur content.
Published Date: 2024-02-19
Pages: 135
USD 3950.00
(Single User License)
Global Group II Base Oil Market Research Report 2024
Group II base oil is a type of mineral oil base stock that is commonly used in the production of lubricants. It is produced through a process called hydrocracking, which involves the conversion of heavy gas oils into cleaner, high-quality base oils. Group II base oils have improved properties compared to Group I base oils, including higher viscosity index, better oxidative stability, and lower sulfur content.
Published Date: 2024-02-07
Pages: 108
USD 2900.00
(Single User License)
Global Group II Base Oil Market Research Report 2026
The global Group II Base Oil market was valued at US$ 20260 million in 2025 and is anticipated to reach US$ 31700 million by 2032, at a CAGR of 6.7% from 2026 to 2032.
Published: 2026-04-21
Pages: 147
USD 2900.00 (Single User License)Global Group II Base Oil Market Outlook, In‑Depth Analysis & Forecast to 2031
The global Group II Base Oil market is projected to grow from US$ 19110 million in 2024 to US$ 29900 million by 2031, at a CAGR of 6.7% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published: 2025-10-22
Pages: 180
USD 4900.00 (Single User License)Group II Base Oil- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
The global market for Group II Base Oil was estimated to be worth US$ 19110 million in 2024 and is forecast to a readjusted size of US$ 29900 million by 2031 with a CAGR of 6.7% during the forecast period 2025-2031.
Published: 2025-02-15
Pages: 148
USD 3950.00 (Single User License)Global Group II Base Oil Market Research Report 2025
The global market for Group II Base Oil was valued at US$ 19110 million in the year 2024 and is projected to reach a revised size of US$ 29900 million by 2031, growing at a CAGR of 6.7% during the forecast period.
Published: 2025-02-15
Pages: 113
USD 2900.00 (Single User License)Global Group II Base Oil Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
The global Group II Base Oil market size was US$ 19110 million in 2024 and is forecast to a readjusted size of US$ 29900 million by 2031 with a CAGR of 6.7% during the forecast period 2025-2031.
Published: 2025-02-15
Pages: 104
USD 4250.00 (Single User License)Global Group II Base Oil Market Insights, Forecast to 2030
Group II base oil is a type of mineral oil base stock that is commonly used in the production of lubricants. It is produced through a process called hydrocracking, which involves the conversion of heavy gas oils into cleaner, high-quality base oils. Group II base oils have improved properties compared to Group I base oils, including higher viscosity index, better oxidative stability, and lower sulfur content.
Published: 2024-04-08
Pages: 119
USD 4900.00 (Single User License)Group II Base Oil - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Group II base oil is a type of mineral oil base stock that is commonly used in the production of lubricants. It is produced through a process called hydrocracking, which involves the conversion of heavy gas oils into cleaner, high-quality base oils. Group II base oils have improved properties compared to Group I base oils, including higher viscosity index, better oxidative stability, and lower sulfur content.
Published: 2024-02-19
Pages: 135
USD 3950.00 (Single User License)Global Group II Base Oil Market Research Report 2024
Group II base oil is a type of mineral oil base stock that is commonly used in the production of lubricants. It is produced through a process called hydrocracking, which involves the conversion of heavy gas oils into cleaner, high-quality base oils. Group II base oils have improved properties compared to Group I base oils, including higher viscosity index, better oxidative stability, and lower sulfur content.
Published: 2024-02-07
Pages: 108
USD 2900.00 (Single User License)
CHOOSE LICENSE TYPE
USD 3950.00
USD 5925.00
USD 7900.00
Add to Cart
Buy Now
HAVE A QUESTION?
General Email:
REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
INTEREST IN THIS REPORT?
Get A Free Sample
Request For Quotation
OR
NEED A CUSTOMIZED REPORT?
Customized Report
Request Sample
Pre-Order Enquiry
Add to Cart
Buy Now