Global Residual Aromatic Extract Market Size, Competition Landscape and Supply Chain Research Report 2025

Research Summary

Residual Aromatic Extract (RAE) is a type of byproduct obtained during the production of base oils through the refining of crude oil. Specifically, it is a residual fraction derived from the aromatic extraction process, which involves using a solvent to selectively remove aromatic hydrocarbons from lubricating oils. RAE is rich in aromatic compounds and has distinct physical and chemical properties, making it suitable for various industrial applications. It is commonly utilized as a component in the production of rubber goods, such as tires, where its properties contribute to enhancing the performance and durability of the final products. The residual aromatic extract plays a crucial role in the formulation of certain types of industrial lubricants and additives, demonstrating its importance in the broader context of petroleum refining and downstream industries.

According to WENKH research statistics, the global Residual Aromatic Extract market sales revenue reached  Million USD in 2024 and is expected to reach  Million USD by 2032, with a compound annual growth rate (CAGR) of  % from 2025 to 2032. Among them, the Asia-Pacific Residual Aromatic Extract market has experienced rapid changes in recent years, reaching  Million USD in 2024, accounting for approximately  % of the global market share. It is projected to reach  Million USD by 2032.

The global Residual Aromatic Extract market is highly competitive, with key market players including Shell, H&R Group, Eni S.p.A., Repsol, Orgkhim Biochemical, Total, HollyFrontier, IRPC, etc. This report categorizes the competitive landscape of the global Residual Aromatic Extract market into three tiers based on annual revenue, with the top three market players holding approximately  % of the total market share.

This report provides an in-depth analysis of the global Residual Aromatic Extract market, including market size, capacity and production, price trends, market status and future development prospects. It particularly focuses on the market share, product characteristics, pricing, revenue, sales volume and gross profit margin of major manufacturers in the global Residual Aromatic Extract industry. Additionally, this report provides an in-depth analysis of the market status and future development trends of different segments of Residual Aromatic Extract and their downstream application fields.

In terms of data coverage, this report includes extensive time-series data. Historical data spans from 2020 to 2024, providing a solid foundation for analyzing market development trends. The year 2025 is used as a base year to accurately assess the current market landscape, while forecast data extends from 2026 to 2032, using scientific analysis methods and models to offer forward-looking projections and insights into the market's future trajectory. This provides valuable reference information for industry participants and stakeholders.

The report covers regions and countries including North America, Europe, China, Asia Pacific (excluding China), Latin America, the Middle East, and Africa. It particularly focuses on the revenue and sales volume of Residual Aromatic Extract in these regions and countries, as well as the market share of key market players in each region. The report provides an in-depth analysis of the regional distribution and future development trends of the Residual Aromatic Extract market. By considering local policies, this report evaluates the market prospects of Residual Aromatic Extract in each region and country, aiming to help companies gain a comprehensive understanding of the industry characteristics and development potential in different regions, optimize regional business layout, and develop precise market strategies to achieve global development goals.

This report places significant emphasis on data quality and reliability, leveraging a wide range of data sources to ensure accuracy and validity. Primary data collection is conducted through multiple channels, including in-depth interviews with senior corporate executives, industry experts, supply chain participants, and end consumers. This helps to gain insights into corporate strategic planning, industry policies, supply chain dynamics, and user experiences. Secondary data sources cover an extensive range, including authoritative government statistics, customs databases, industry related reports, third-party paid databases, investment research reports, academic studies, corporate financial statements, real-time media updates, and information from international organizations, all of which serve as a solid foundation for data verification and analysis.

Companies Covered

Shell

H&R Group

Eni S.p.A.

Repsol

Orgkhim Biochemical

Total

HollyFrontier

IRPC

Product Segment

High Content Polycyclic Arematic Hydrocarbon(PAH)

Low Content Polycyclic Arematic Hydrocarbon(PAH)

Product Application

Tyre

Non-Tyre

Chapter Scope

Chapter 1: Product Statistical Scope, Product Segmentation Types and Downstream Applications, Overall Market Size, Current Status and Development Prospects

Chapter 2: Global Residual Aromatic Extract Industry Chain Analysis

Chapter 3: Global Residual Aromatic Extract Industry Environment Analysis and Porter's Five Forces Analysis

Chapter 4: Global Residual Aromatic Extract Market Capacity and Production Analysis

Chapter 5: Analysis of the Competitive Landscape of Major Companies in the Global Residual Aromatic Extract Market (Market Share, Product Revenue and Sales Volume Comparison, Tier Division, Corporate Expansion and M&A Trends)

Chapter 6: Analysis of Global Major Companies (Company Profiles, Product Features and Product Segment, Product Revenue, Product Sales Volume, Product Average Price, Product Gross Profit Margin and Geographical Sales Share)

Chapter 7: Global Residual Aromatic Extract Product Segment, Downstream Application and Major Regional Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 8: North America Residual Aromatic Extract Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 9: Europe Residual Aromatic Extract Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 10: China Residual Aromatic Extract Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 11: Asia Pacific (excluding China) Residual Aromatic Extract Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 12: Latin America Residual Aromatic Extract Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 13: Middle East and Africa Residual Aromatic Extract Product Segment, Downstream Application, and Major Countries Market Size Analysis (Sales Volume, Revenue and Average Price)

Chapter 14: Research Conclusion

Chapter 15: Methodology and Data Source

Purpose and Value of the Report

Market Trend Insights: Analyze industry trends, market dynamics, and future growth potential to help companies forecast changes and develop strategic plans.

Competitive Landscape Analysis: Understand key players' revenue segmentation, strategies, market share, and business models to guide competitive decisions.

Investment Decision Support: Provide feasibility analysis through market size, growth rate, demand trends, and potential risks for informed investment decisions.

Target Customer and Demand Analysis: Examine consumer behavior, purchasing preferences, and pain points to optimize products and improve market penetration.

Policy and Regulatory Insights: Interpret relevant industry policies to ensure compliance and mitigate regulatory risks.

Business Model Optimization: Offer data-driven suggestions for enhancing business models and improving profitability.