Global Business Outlook for Brightstocks

Global Business Outlook for Brightstocks

Regional Coverage: Asia-Pacific, North America, South America, Europe, Africa and the Middle East

Base Year: 2020
Published: Q1 2021

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Base Year: 2022
Published: April 2023

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The supply of brightstocks continues to dwindle due to Group I plant closures driven by capacity overhang, technical obsolescence, and refiners’ recent pursuit of sustainability goals. Moreover, various substitutes such as Group II brightstocks and PIB are emerging. This report will focus on key trends, developments, challenges, and business opportunities in the global brightstock market.


  • Current and forecast demand for brightstocks
    • — By application
    • — By region
    • — By brightstock type*
  • Current and forecast supply for brightstocks
    • — By supplier
    • — By region
    • — By brightstock type*

*Includes conventional Group I brightstocks, naphthenic brightstocks, and alternate brightstocks (Group II)

  • Potential shortfalls in the brightstock market
  • Potential substitutes for brightstocks in various applications
  • A comparative assessment of technical and economic feasibility of substitution by various alternatives

Includes an Excel-based supply-demand model

Table of Contents


Executive Summary

An overview of the report findings, plus a forecast based on Kline’s FutureView Forecasting Model

Current and Forecast Demand

  • Current formulation approaches and brightstock demand by lubricant product
  • Demand by application and region
  • Lubricant demand outlook and changes in formulation
  • Brightstock demand outlook by application, region, and brightstock type

Current and Forecast Supply

  • Current brightstock supply by brightstock type, region, and producer
  • Anticipated changes in brightstock capacity and resultant brightstock supply by brightstock type, region, and producer
  • A discussion on market trends shaping brightstock capacity

Supply-Demand Balance

  • Current and projected supply-demand balance by region and brightstock type

Substitute Products

Supply and availability of different substitutes, their technical performance and pricing vis-à-vis brightstocks

  • Polyalphaolefins (PAO)
  • Polyisobutylenes (PIB)
  • Polyalkylene glycols (PAG)

Market Evaluation and Outlook

  • Business outlook, opportunities, and challenges for brightstock suppliers and blenders
  • Barriers for entry for substitutes

Supplier Profiles

  • A brief profile of key brightstock suppliers (listed in table 1)
Ergon PBF Energy
HollyFrontier Petrobras
IRPC Shell
Luberef CEPSA

Forecast period: 2022 to 2032

Report Benefits

This syndicated report is designed to provide an objective and thorough analysis of brightstock supply and demand, the emerging supply gap, and potential substitutes. Subscribers will be able to identify potential market opportunities and threats. The study also:

  • Serves as a useful tool to quickly learn the dynamics of brightstock market and assists in making business decisions
  • Offers valuable insights and information on business opportunities and threats
  • Helps subscribers recognize the likely shortfall in brightstock supply and identify suitable options to make up for the shortfall

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Global Lubricant Basestocks: Market Analysis and Opportunities

Global Lubricant Basestocks: Market Analysis and Opportunities

Regional Coverage: Africa and Middle East, Asia-Pacific, Europe, North America, South America

Base Year: 2021
To be published: Q3 2022
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Base Year: 2022
To be published: Q3 2023
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The global basestock market is undergoing various changes in the wake of transition toward sustainability, rapid capacity expansion, declining demand, and swift quality upgrades. This report provides a comprehensive analysis of the market covering current and future supply and demand dynamics, pricing, and manufacturing costs, helping identify opportunities and challenges in the market.


  • Lubricant basestock demand and supply analysis at a global level and by key regions, covering Africa and the Middle East, Asia-Pacific, Europe, North America, South America, and select markets
  • Supply and demand estimates for API Group I, II/II+, III/III+, and naphthenic basestocks, as well as demand estimates for Group IV and Group V basestocks
  • Manufacturing cost analysis of typical Group I, II, and III basestock manufacturing plants
  • Analysis of current pricing levels and price forecast for key grades of Group I, II, and III basestocks across key regions: United States Gulf Coast (USGC), Northwest Europe (NWE), and Northeast Asia (NEA)

Includes a 20-year forecast
Access to an Intelligence Center providing latest insights into the basestocks market

Table of Contents



Overall Market Summary

North America Basestock Market

Profiles for each region will cover the following information:

  • Market overview
  • Finished lubricants market (current demand by product types and viscosity grades, demand growth, and viscosity grade shifts)
  • Formulation trends
  • Current and projected basestock demand by API groups and viscosity grades
  • Basestock supply (key plants, capacity, production, and viscosity grades produced by API group)
  • Projected capacity addition and plant closures
  • Current and projected basestock supply
  • Current and projected basestock supply–demand balance
  • Basestock trade

South America Basestock Market

Europe Basestock Market

Asia-Pacific Basestock Market

Africa and the Middle East Basestock Market

a-Base year: 2022; forecasts to 2027, 2032, 2037, and 2042


Basestock Pricing Analysis and Forecast

  • Key grades of Group I, II, II+, and III for NEA, NWE, USGC
  • Key grades of naphthenic basestocks for USGC


Manufacturing Cost Analysis of Select Basestocks Plants

  • Europe Group I plant
  • North America Group II plant
  • Asia Group III plant


Each market profile (listed in table 1) contains the following:

  • Finished lubricants demand and trends
  • Basestocks supply and demand by API Groups and viscosity grades (current and forecast)
  • Basestock trade

b-Forecast period: 2022 to 2042

​​Brazil Japan South Korea
China Russia​​​​​​​ Thailand
Indonesia ​​​​Taiwan United States
India ​​​​​​ ​​​​​​


Report Benefits

Subscribers to the study will receive an in-depth understanding of the current status of the basestocks industry in terms of basestock supply, basestock application space and demand, lubricant formulation trends, basestock pricing mechanism, inter-region trade, inter-material competition, and manufacturing costs.

  • Subscribers will receive supply–demand models for each trade region, which are an invaluable tool for conducting “what-if” analyses based on different assumptions on formulations, viscosity grades and shifts, and overall lubricants demand growth.
  • The study is a useful tool for sales, marketing, finance, technology, and strategy personnel to quickly learn the fundamentals of the basestock business, understand lubricant basestock requirements of the leading end-use markets, and make business decisions.

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