Safe and Accurate Analysis of Distillate Oils
Distillate oil testing methods, including thermogravimetric analysis (TGA), require a smaller sample size - about 10 mg, as compared to legacy method requiring sample of 2-3 g. TGA recognizes the displacement sequence of the constituents of distillate oil during spontaneous saturation procedure. The data collected regarding ash content exhibits greater accuracy of about 1 × 10?5 mg.
To determine ash content in oil, distillate oil testing methods, such as microwave ashing, utilize silicon carbide for swift heating due to high absorption of microwave energy. The air valve allows passage of fresh air into the heating room, eliminating fumes and odors in sync delivering the oxygen required for fast oxidation. Inclusion of rapid heating/cooling crucibles in microwave ashing method enhances safety, and efficacy. Further, microwave ashing technique exhibits the ability to ash larger samples for more exact outcomes.
Frequently Asked Questions About distillate oil testing service market
How is regulatory framework expected to impact the distillate oil testing service market?
Testing and inspection of distillate oil products need to conform to ASTM 396 (Standard Specification for Fuel Oil), ISO and IP standards. In addition, as safe handling of petroleum products is of paramount importance, testing services offered by market players must comply with ASTM D97-96a (petroleum products) ASTM D5853-95 (for crude oil) standards.
What are key regional trends influencing the growth of the distillate oil testing service market?
Emergence of the U.S. and Russia as a major oil exporters continues to attract huge attention from market players. Saudi Arabia’s diversification into the downstream sector and ongoing operations of large-scale refinery projects will also remain instrumental to the market growth.
Which market verticals of distillate oil testing services will have the most growth over the next 5 years?
Off-site services continue to witness higher demand as compared to on-site services, accounting for over 80% of total revenue share. Adoption by refineries has resulted in increased market share, while application in the chemical space is growing on a significant pace.
What revenues will distillate oil testing services generate over the next decade?
Global adoption of distillate oil testing services is expected to account for revenues worth over US$ 2.3 Bn by 2029, maintaining an average annual increase of 5.5% from 2019 to 2029.
What are main industry challenges and competitive risks faced by market players?
As global focus on alternative transportation fuels to reduce carbon footprint and enhance energy security grows strong, market stakeholders are hard pressed to increase their investments in analyzing the quality of range of bio-fuels. Further, as competition intensifies in the market, stakeholders will need to set their services apart to stay ahead of the curve.
Determining ‘Flash Point’ and ‘Pour Point’ to Enhance Transfer & Storage
Flash point is one of the paramount aspects for the determination of hazardous waste characteristic of ignitability for liquids, where distillate oils with flash point above 60 degrees Celsius (~140 degrees Fahrenheit) are considered safe as per the ASTM standards. In addition, distillate oils having high flash point correspond to higher temperature required for the fuel to flash, as such, the fuel does not undergo instant ignition, ensuring safety. Distillate oil testing methods such as, ASTM D93 (Pensky - Martines Closed Tester), determine the amount of light materials present in the distillate oil - crucial to ensure safe handling of petroleum products (transfer and storage) and smooth ignition of fuel.
Determination of pour point is important following the fact that the conditions for pumping, storage and transfer of oil in pipelines and tanks are specified as per the pour point and the viscosity. Industrial applications majorly rely on distillate oils for lighting purposes on grounds of lower paraffinicity equating to decreased risk of inflammation. Distillate oil testing methods complying with ASTM D97-96a (petroleum products) ASTM D5853-95 (for crude oil) standards are performed to ascertain relative paraffinicity and aromacity of distillate oils.
Developed and Developing Countries - Government Standards Underpinning the Growth
Distillate oils including, fuel oil, lube oil, bunker oil, and residual oil find purposes in diverse applications as per the oil grade. As such, analysis of distillate oil according to government norms in the US, and the UK – ASTM (America Society for testing Material), and IP (Institute of Petroleum) standards respectively – becomes paramount. The unprecedented growth of the US as a major oil exporter is expected to overhaul Russia, and approach Saudi Arab, setting high hopes for market players. Furthermore, in Asia, India is estimated to equal China in terms of oil demand in the upcoming years following latter’s sluggish demand growth.
Satiating Customers’ Requisites and Testing Standards - Key Tenets to Define Stakeholders’ Tactics
Major players - Thermo Fisher Scientific Inc. and SGS SA – account for ~37% of the total revenue of global distillate oil testing market. Time, and efficiency are always recognized as vital factors in industrial operations. Market players, including SGS, are offering mobile field laboratory services to support oil and gas producers by onsite testing and reporting. Distillate oil testing service providers are seeking government approvals across various countries. For instance, Intertek Group Plc has been granted approval to perform legal audits on occupational risk prevention systems by the Basque Government in Spain.
Furthermore, market forces are targeting countries, including Mexico, and Saudi Arab, citing upgradation and construction of oil refineries. The Mexican government launched a scheme - the National Refining Plan - in a bid to energy self-relaint by 2022, which includes development and redesigning at Pemex’s six refineries, as well as building in Dos Bocas of a seventh refinery.
High demand for ash content
Flash point to pick pace
High adoption in offsite
Use in onsite gradually rising
Surging demand for fuel oil
Vacuum gas oil gaining momentum
High applicability in refineries
Use in chemical accelerating
How Growth will Unfold
Escalating demand for transportation fuels across the globe echoes increasing production capacity of oil manufacturers for domestic and international trade – a trailblazer for distillate oil testing service providers. Administration bodies across various countries are issuing strong appeals to incline towards alternative transportation fuels to counter net carbon footprint, and enhance energy security. As a consequence, distillate oil testing providers are offering analyzing services for biofuels derived from renewable sources of energy.
* This data is only a representation. Actual data may vary and will be available in report.Click Here To Know How The Growth Will Unfold
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Distillate Oil Testing Service Market Analysis 2019-2029
A recent market study published by FMI on the distillate oil testing service market includes a global industry analysis 2014-2018 & opportunity assessment 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical as well as current growth parameters of the distillate oil testing service market, the growth prospects of the market are obtained with maximum precision.
Distillate Oil Testing Market Taxonomy
The global distillate oil testing service market is segmented in detail to cover every aspect of the market and present a complete market intelligence to readers.
By Test Type
- Ash Content
- Pour Point
- Oxidation Stability
By Service Type
By Sample Type
- Fuel Oil
- Lube Oil
- Vacuum Gas Oil
- Residual Fuel
By End Use
- Research & Academic
- North America
- Latin America
- South Asia
- East Asia
- Middle East and Africa
The report starts with the executive summary of the distillate oil testing service market, which includes a summary of the key findings and statistics of the market. It also includes the demand & supply-side trends pertaining to the distillate oil testing service market.
Readers can find the definition and detailed taxonomy of the distillate oil testing service market in this chapter, which will help them understand the basic information about the distillate oil testing service market. This section also highlights the inclusion and exclusion, which help readers understand the scope of the distillate oil testing service market report.
The distillate oil testing service market report provides key market trends that are expected to significantly impact the market growth during the forecast period. Detailed industry trends are also provided in this section.
This section includes factors that have emerged as key successful factors and the strategies adopted by key market participants.
This section explains the global market value analysis and forecast for the distillate oil testing service market during 2019-2029. This chapter includes a detailed analysis of the historical distillate oil testing service market, along with an opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year, and an incremental $ opportunity for the forecast period (2019–2029). Along with this, pricing analysis of the distillate oil testing service market at the regional level has been provided in this section. This section also explains the global market volume analysis and forecast for the distillate oil testing service market during 2019-2029.
This chapter explains key macro-economic factors that are expected to influence the growth of the distillate oil testing service market over the forecast period. Along with macroeconomic factors, this section also highlights the value chain, forecast factors, and top company’s historical growth outlook for the distillate oil testing service market. Moreover, in-depth information of the market dynamics and the impact analysis on the market have been provided in the section.
Based on test, the distillate oil testing service market is segmented into ash content, pour point, flashpoint, oxidation stability, and others. In this chapter, readers can find information about the key trends and developments in the distillate oil testing service market and market attractiveness analysis based on the test type.
This chapter provides details about the distillate oil testing service market based on service, and has been classified into off-site and on-site. In this chapter, readers can understand the market attractiveness analysis based on the service type.
This chapter provides details about the distillate oil testing service market based on sample, and has been classified into fuel oil, lube oil, vacuum gas oil, residual fuel, and others. In this chapter, readers can understand the market attractiveness analysis based on the sample type.
This chapter provides details about the distillate oil testing service market based on end use, and has been classified into refineries, chemical, research & academic, and others. In this chapter, readers can understand the market attractiveness analysis based on end use.
This chapter explains how the distillate oil testing service market will grow across various geographic regions such as North America, Latin America, Europe, East Asia, South Asia, Oceania, Middle East & Africa (MEA), and emerging countries.
This chapter includes a detailed analysis of the growth of the North America distillate oil testing service market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the pricing analysis, regional trends, and market growth based on segments and countries in North America.
This chapter provides the growth scenario of the distillate oil testing service market in Latin American countries such as Brazil, Mexico, and the rest of Latin America. Along with this, the assessment of the market across target segments has been provided.
Important growth prospects of the distillate oil testing service market based on its end users in several countries such as Germany, the U.K., France, Spain, Italy, Russia, BENELUX, and the rest of Europe are included in this chapter.
In this chapter, India, Malaysia, Thailand, Indonesia, and the rest of South Asia are the prime subjects of assessment to obtain the growth prospects of the South Asia distillate oil testing service market. Readers can find detailed information about the growth parameters of the South Asia distillate oil testing service market during the forecast period 2019-2029.
This chapter highlights the growth of the distillate oil testing service market in East Asia by focusing on China, Japan, and South Korea. This section also helps readers understand the key factors that are responsible for the growth of the distillate oil testing service market in East Asia.
This chapter highlights the growth of the distillate oil testing service market in Oceania by focusing on Australia and New Zealand. This section also helps readers understand the key factors that are responsible for the growth of the distillate oil testing service market in Oceania.
This chapter provides information about how the distillate oil testing service market will grow in major countries in the MEA region such as Northern Africa, GCC Countries, South Africa, Turkey, and the rest of MEA during the forecast period of 2019-2029.
This section highlights the growth prospects of the distillate oil testing service market for emerging markets in regions such as China and India.
In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the distillate oil testing service market, along with their market presence analysis by region and product portfolio.
In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the distillate oil testing service market, along with detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Thermo Fisher Scientific Inc., ALS Limited, Intertek Group plc., SGS SA, BEREAU VERITAS, and AmSpec, LLC, among others.
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the distillate oil testing service market report.
This chapter helps readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the distillate oil testing service market.
How the research was conducted?
- Chief Executive Officer
- Vice President
- Sales Head
- Product Manager
- Marketing Head
- Deputy Manager -Marketing & Communications
- Marketing Manager
- Sales Manager
- Customer Service Representative
- Current market dynamics and challenges
- Test Type Segment Split and Authenticity
- Yesteryear trends
- Market characteristics
- Competition structure and market structure
- Strategic growth initiatives
- End-Use Industry Segment Split and Authenticity
- Market segment splits and authenticity
- Near-term and long-term market growth prospects
- Opinions on market projections and validity of assumptions
- Trade Websites
- ASTM International
- International Organization for Standardization
- American National Standards Institute
- International Federation of Pharmaceutical Manufacturers & Associations
- International Energy Agency
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