Heavy distillate oil is the large proportion of the refined products produced from crude oil. Maintaining the quality and quantity of the various heavy fuels such as fuel oil, lube oil, residual fuel, and vacuum oil is important to the traders, refiners, and distributors. Distillate oil testing includes a detailed analysis of the distillate oil, quality inspection, treatment services, laboratory troubleshooting, blending, specification analysis, and contamination identification.
Growing demand for accurate and reliable distillate oil analysis by the refiners, traders, and distributors are boosting the distillate oil testing market significantly. Distillate oil testing service providers offer the testing and inspection of the various range of heavy petroleum products. Moreover, factors such as rapidly growing industrialization and urbanization with the increasing demand for petroleum products have significantly fueled the distillate oil testing market growth.
Stringent and mandatory testing guidelines for distillate oil testing across the globe is another crucial factor that fuels the distillate oil testing market. Increasing demand for heavy fuels due to its regular consumption in large engines including ships, trains, and industry machineries along with distillate oil analysis is also contributing to the growth of the distillate oil testing market.
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Distillate Oil Testing Market: Key Dynamics
Substantial requirement from refiners, producers, and distributors for quality testing driving the market
Distillate oil testing service providers offer bulk inventory inspection, quality control testing, blending, and additive treatment to the end users such as refiners, producers, and distributors. End users are nowadays more focused on refinery optimization process and distillate oil marketing. An increasing need for distillation oil testing to optimize the refinery process is driving the distillate oil testing market. Furthermore, Distributors are also demanding for quality inspection of heavy oil to strengthen the oil marketing. These factors are ultimately propelling the distillate oil testing market growth.
On the other hand, a lesser amount of heavy oil production in a few regions and inadequate presence of prominent distillate oil service providers in those regions is one of the restraints that is hampering the market growth.
Distillate Oil Testing Market: Segmentation
On the Basis of Test Type, distillate oil testing market is segmented into:
- Ash content test
- Pour point test
- Flashpoint test
On the basis of Fuel Type, distillate oil testing market is segmented into:
- Fuel oil
- Lube oil
- Vacuum gas oil
- Bunker fuel
- Residual fuel
On the Basis of End Users, distillate oil testing market Segmented into
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Distillate Oil Testing Market: Competition Landscape
Some of the prominent distillate oil testing service providers are Intertek Group plc, SGS SA, BEREAU VERITAS, Shiva Analyticals & Testing Laboratories India, sigmatest.org., The Oil Lab, OAS and J. K. ANALYTICAL LABORATORY & RESEARCH CENTRE.
Leading distillate oil testing service providers are making efforts
to maximize the oil performance and eliminate the adverse factors.
- For instance, Intertek Group plc, one of the leading distillate oil testing service providers offers an extensive range of heavy distillate fuel testing such as ash content test, flash point test, pour point test and relative density test to improve the quality of the heavy distillate fuel.
Also, Intertek Group plc is also investing capital on fuel recertification Laboratory. For example, on 5th February, the company has launched an aviation fuel recertification facility in Fiji.
- This Aviation Fuel Recertification Laboratory expands company’s current inspection services of petroleum products in this region.
- Prominent distillate oil testing service providers are maintaining the quality assurance by following testing standards such as ASTM, IP and ISO.