Base Oil Market

Table of Content

1. Executive Summary

    1.1. Global Market Snapshot

    1.2. Key Market Trends

    1.3. Current Market & Future Potential

    1.4. Fact.MR Recommendation

2. Market Overview

    2.1. Market Segmentation

    2.2. Market Indicators

    2.3. Market Definitions

    2.4. Market Dynamics

        2.4.1. Drivers

        2.4.2. Restraints

        2.4.3. Opportunities

    2.5. Porter’s Five Forces Analysis

    2.6. Value Chain Analysis

        2.6.1. List of Potential Customers

    2.7. Global Market Analysis and Forecast, 2022-2032

3. COVID-19 Impact on Global Market

4. Production Outlook, by Region

5. Price Trend Analysis, 2022-2032

    5.1. By Region

6. Global Market Analysis and Forecast, by Grade, 2022-2032

    6.1. Introduction & Definitions

    6.2. Global Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

        6.2.1. Group I

        6.2.2. Group II

        6.2.3. Group III

        6.2.4. Group IV (PAO)

        6.2.5. Group V (exc. Naphthenics)

        6.2.6. Re-refined

    6.3. Global Market Attractiveness, by Grade

7. Global Market Analysis and Forecast, by Application, 2022-2032

    7.1. Introduction & Definitions

    7.2. Global Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

        7.2.1. Automotive Fluids

        7.2.2. Process Oils

        7.2.3. Industrial Oils

        7.2.4. Metalworking Fluids

        7.2.5. Hydraulic Oils

        7.2.6. Others

    7.3. Global Market Attractiveness, by Application

8. Global Market Analysis and Forecast, by Region, 2022-2032

    8.1. Key Findings

    8.2. Global Market Volume (Kilo Tons) and Value (Mn) Forecast, by Region, 2022-2032

        8.2.1. North America

        8.2.2. Europe

        8.2.3. Asia Pacific

        8.2.4. Middle East & Africa

        8.2.5. Latin America

    8.3. Global Market Attractiveness, by Region

9. North America Market Analysis and Forecast, 2022-2032

    9.1. Key Findings

    9.2. North America Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

    9.3. North America Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

        9.3.1. U.S. Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

        9.3.2. U.S. Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

        9.3.3. Canada Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

        9.3.4. Canada Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

    9.4. North America Market Attractiveness Analysis

10. Europe Market Analysis and Forecast, 2022-2032

    10.1. Key Findings

    10.2. Europe Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

    10.3. Europe Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

        10.3.1. Germany Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

        10.3.2. Germany Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

        10.3.3. France Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

        10.3.4. France Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

        10.3.5. U.K. Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

        10.3.6. U.K. Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

        10.3.7. Italy Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

        10.3.8. Italy Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

        10.3.9. Rest of Europe Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

        10.3.10. Rest of Europe Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

    10.4. Europe Market Attractiveness Analysis

11. Asia Pacific Market Analysis and Forecast, 2022-2032

    11.1. Key Findings

    11.2. Asia Pacific Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

    11.3. Asia Pacific Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

        11.3.1. China Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

        11.3.2. China Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

        11.3.3. India Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

        11.3.4. India Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

        11.3.5. Japan Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

        11.3.6. Japan Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

        11.3.7. ASEAN Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

        11.3.8. ASEAN Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

        11.3.9. Rest of Asia Pacific Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

        11.3.10. Rest of Asia Pacific Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

    11.4. Asia Pacific Market Attractiveness Analysis

12. Latin America Market Analysis and Forecast, 2022-2032

    12.1. Key Findings

    12.2. Latin America Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

    12.3. Latin America Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

        12.3.1. Brazil Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

        12.3.2. Brazil Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

        12.3.3. Mexico Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

        12.3.4. Mexico Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

        12.3.5. Rest of Latin America Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

        12.3.6. Rest of Latin America Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

    12.4. Latin America Market Attractiveness Analysis

13. Middle East & Africa Market Analysis and Forecast, 2022-2032

    13.1. Key Findings

    13.2. Middle East & Africa Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

    13.3. Middle East & Africa Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

        13.3.1. GCC Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

        13.3.2. GCC Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

        13.3.3. South Africa Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

        13.3.4. South Africa Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

        13.3.5. Rest of Middle East & Africa Market Volume (Kilo Tons) and Value (Mn) Forecast, by Application, 2022-2032

        13.3.6. Rest of Middle East & Africa Market Volume (Kilo Tons) and Value (Mn) Forecast, by Grade, 2022-2032

    13.4. Middle East & Africa Market Attractiveness Analysis

14. Competition Landscape

    14.1. Global Market Share Analysis, by Company (2019)

    14.2. Competition Matrix

        14.2.1. Product Mapping

    14.3. Company Profiles (Details – Overview, Financials, Recent Developments, and Strategy)

        14.3.1. Royal Dutch Shell Plc

            14.3.1.1. Headquarters, Year of Establishment, Revenue, Key Management, Number of Employees

            14.3.1.2. Company Description

            14.3.1.3. Business Overview

            14.3.1.4. Financial Overview

            14.3.1.5. Strategic Overview

        14.3.2. Nynas AB

            14.3.2.1. Headquarters, Year of Establishment, Revenue, Key Management, Number of Employees

            14.3.2.2. Company Description

            14.3.2.3. Business Overview

            14.3.2.4. Financial Overview

            14.3.2.5. Strategic Overview

        14.3.3. PetroChina Company Limited

            14.3.3.1. Headquarters, Year of Establishment, Revenue, Key Management, Number of Employees

            14.3.3.2. Company Description

            14.3.3.3. Business Overview

            14.3.3.4. Financial Overview

            14.3.3.5. Strategic Overview

        14.3.4. S-Oil Corporation

            14.3.4.1. Headquarters, Year of Establishment, Revenue, Key Management, Number of Employees

            14.3.4.2. Company Description

            14.3.4.3. Business Overview

            14.3.4.4. Financial Overview

            14.3.4.5. Strategic Overview

        14.3.5. Gandhar Oil Refinery (India) Limited

            14.3.5.1. Headquarters, Year of Establishment, Revenue, Key Management, Number of Employees

            14.3.5.2. Company Description

            14.3.5.3. Business Overview

            14.3.5.4. Financial Overview

            14.3.5.5. Strategic Overview

        14.3.6. Repsol

            14.3.6.1. Headquarters, Year of Establishment, Revenue, Key Management, Number of Employees

            14.3.6.2. Company Description

            14.3.6.3. Business Overview

            14.3.6.4. Financial Overview

            14.3.6.5. Strategic Overview

        14.3.7. Calumet Specialty Products Partners, L.P.

            14.3.7.1. Headquarters, Year of Establishment, Revenue, Key Management, Number of Employees

            14.3.7.2. Company Description

            14.3.7.3. Business Overview

            14.3.7.4. Financial Overview

            14.3.7.5. Strategic Overview

        14.3.8. SAC Petrobras S.A.

            14.3.8.1. Headquarters, Year of Establishment, Revenue, Key Management, Number of Employees

            14.3.8.2. Company Description

            14.3.8.3. Business Overview

            14.3.8.4. Financial Overview

            14.3.8.5. Strategic Overview

        14.3.9. Gulf Petrochem FZC

            14.3.9.1. Headquarters, Year of Establishment, Revenue, Key Management, Number of Employees

            14.3.9.2. Company Description

            14.3.9.3. Business Overview

            14.3.9.4. Financial Overview

            14.3.9.5. Strategic Overview

15. Assumptions & Acronyms Used

16. Research Methodology

List Of Table

Table 01: Global Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 02: Global Market Value (Mn) Forecast, by Application, 2022-2032

Table 03: Global Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 04: Global Market Value (Mn) Forecast, by Grade, 2022-2032

Table 05: Global Market Volume (Kilo Tons) Forecast, by Region, 2022-2032

Table 06: Global Market Value (Mn) Forecast, by Region, 2022-2032

Table 07: North America Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 08: North America Market Value (Mn) Forecast, by Application, 2022-2032

Table 09: North America Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 10: North America Market Value (Mn) Forecast, by Grade, 2022-2032

Table 11: North America Market Volume (Kilo Tons) Forecast, by Country, 2022-2032

Table 12: North America Market Value (Mn) Forecast, by Country, 2022-2032

Table 13: U.S. Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 14: U.S. Market Value (Mn) Forecast, by Application, 2022-2032

Table 15: U.S. Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 16: U.S. Market Value (Mn) Forecast, by Grade, 2022-2032

Table 17: Canada Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 18: Canada Market Value (Mn) Forecast, by Application, 2022-2032

Table 19: Canada Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 20: Canada Market Value (Mn) Forecast, by Grade, 2022-2032

Table 21: Europe Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 22: Europe Market Value (Mn) Forecast, by Application, 2022-2032

Table 23: Europe Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 24: Europe Market Value (Mn) Forecast, by Grade, 2022-2032

Table 25: Europe Market Volume (Kilo Tons) Forecast, by Country and Sub-region, 2022-2032

Table 26: Europe Market Value (Mn) Forecast, by Country and Sub-region, 2022-2032

Table 27: Germany Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 28: Germany Market Value (Mn) Forecast, by Application, 2022-2032

Table 29: Germany Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 30: Germany Market Value (Mn) Forecast, by Grade, 2022-2032

Table 31: U.K. Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 32: U.K. Market Value (Mn) Forecast, by Application, 2022-2032

Table 33: U.K. Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 34: U.K. Market Value (Mn) Forecast, by Grade, 2022-2032

Table 35: France Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 36: France Market Value (Mn) Forecast, by Application, 2022-2032

Table 37: France Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 38: France Market Value (Mn) Forecast, by Grade, 2022-2032

Table 39: Italy Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 40: Italy Market Value (Mn) Forecast, by Application, 2022-2032

Table 41: Italy Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 42: Italy Market Value (Mn) Forecast, by Grade, 2022-2032

Table 43: Spain Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 44: Spain Market Value (Mn) Forecast, by Application, 2022-2032

Table 45: Spain Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 46: Spain Market Value (Mn) Forecast, by Grade, 2022-2032

Table 47: Russia & CIS Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 48: Russia & CIS Market Value (Mn) Forecast, by Application, 2022-2032

Table 49: Russia & CIS Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 50: Russia & CIS Market Value (Mn) Forecast, by Grade, 2022-2032

Table 51: Rest of Europe Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 52: Rest of Europe Market Value (Mn) Forecast, by Application, 2022-2032

Table 53: Rest of Europe Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 54: Rest of Europe Market Value (Mn) Forecast, by Grade, 2022-2032

Table 55: Asia Pacific Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 56: Asia Pacific Market Value (Mn) Forecast, by Application, 2022-2032

Table 57: Asia Pacific Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 58: Asia Pacific Market Value (Mn) Forecast, by Grade, 2022-2032

Table 59: Asia Pacific Market Volume (Kilo Tons) Forecast, by Country and Sub-region, 2022-2032

Table 60: Asia Pacific Market Value (Mn) Forecast, by Country and Sub-region, 2022-2032

Table 61: China Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 62: China Market Value (Mn) Forecast, by Application, 2022-2032

Table 63: China Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 64: China Market Value (Mn) Forecast, by Grade, 2022-2032

Table 65: Japan Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 66: Japan Market Value (Mn) Forecast, by Application, 2022-2032

Table 67: Japan Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 68: Japan Market Value (Mn) Forecast, by Grade, 2022-2032

Table 69: India Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 70: India Market Value (Mn) Forecast, by Application, 2022-2032

Table 71: India Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 72: India Market Value (Mn) Forecast, by Grade, 2022-2032

Table 73: ASEAN Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 74: ASEAN Market Value (Mn) Forecast, by Application, 2022-2032

Table 75: ASEAN Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 76: ASEAN Market Value (Mn) Forecast, by Grade, 2022-2032

Table 77: Rest of Asia Pacific Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 78: Rest of Asia Pacific Market Value (Mn) Forecast, by Application, 2022-2032

Table 79: Rest of Asia Pacific Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 80: Rest of Asia Pacific Market Value (Mn) Forecast, by Grade, 2022-2032

Table 81: Latin America Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 82: Latin America Market Value (Mn) Forecast, by Application, 2022-2032

Table 83: Latin America Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 84: Latin America Market Value (Mn) Forecast, by Grade, 2022-2032

Table 85: Latin America Market Volume (Kilo Tons) Forecast, by Country and Sub-region, 2022-2032

Table 86: Latin America Market Value (Mn) Forecast, by Country and Sub-region, 2022-2032

Table 87: Brazil Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 88: Brazil Market Value (Mn) Forecast, by Application, 2022-2032

Table 89: Brazil Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 90: Brazil Market Value (Mn) Forecast, by Grade, 2022-2032

Table 91: Mexico Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 92: Mexico Market Value (Mn) Forecast, by Application, 2022-2032

Table 93: Mexico Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 94: Mexico Market Value (Mn) Forecast, by Grade, 2022-2032

Table 95: Rest of Latin America Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 96: Rest of Latin America Market Value (Mn) Forecast, by Application, 2022-2032

Table 97: Rest of Latin America Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 98: Rest of Latin America Market Value (Mn) Forecast, by Grade, 2022-2032

Table 99: Middle East & Africa Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 100: Middle East & Africa Market Value (Mn) Forecast, by Application, 2022-2032

Table 101: Middle East & Africa Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 102: Middle East & Africa Market Value (Mn) Forecast, by Grade, 2022-2032

Table 103: Middle East & Africa Market Volume (Kilo Tons) Forecast, by Country and Sub-region, 2022-2032

Table 104: Middle East & Africa Market Value (Mn) Forecast, by Country and Sub-region, 2022-2032

Table 105: GCC Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 106: GCC Market Value (Mn) Forecast, by Application, 2022-2032

Table 107: GCC Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 108: GCC Market Value (Mn) Forecast, by Grade, 2022-2032

Table 109: South Africa Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 110: South Africa Market Value (Mn) Forecast, by Application, 2022-2032

Table 111: South Africa Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 112: South Africa Market Value (Mn) Forecast, by Grade, 2022-2032

Table 113: Rest of Middle East & Africa Market Volume (Kilo Tons) Forecast, by Application, 2022-2032

Table 114: Rest of Middle East & Africa Market Value (Mn) Forecast, by Application, 2022-2032

Table 115: Rest of Middle East & Africa Market Volume (Kilo Tons) Forecast, by Grade, 2022-2032

Table 116: Rest of Middle East & Africa Market Value (Mn) Forecast, by Grade, 2022-2032

List Of Figures

Figure 01: Global Price Trend, by Region, 2022-2032 (US$/Ton)

Figure 02: Global Market Volume Share, by Application, 2017, 2022 and 2032

Figure 03: Global Market Attractiveness, by Application

Figure 04: Global Market Volume Share, by Grade, 2017, 2022 and 2032

Figure 05: Global Market Attractiveness, by Grade

Figure 06: Global Market Volume Share, by Region, 2017, 2022 and 2032

Figure 07: Global Market Attractiveness, by Region

Figure 08: North America Market Volume Share, by Application, 2017, 2022 and 2032

Figure 09: North America Market Attractiveness, by Application

Figure 10: North America Market Volume Share, by Grade, 2017, 2022 and 2032

Figure 11: North America Market Attractiveness, by Grade

Figure 12: North America Market Volume Share, by Country, 2017, 2022 and 2032

Figure 13: North America Market Attractiveness, by Country

Figure 14: Europe Market Volume Share, by Application, 2017, 2022 and 2032

Figure 15: Europe Market Attractiveness, by Application

Figure 16: Europe Market Volume Share, by Grade, 2017, 2022 and 2032

Figure 17: Europe Market Attractiveness, by Grade

Figure 18: Europe Market Volume Share, by Country and Sub-region, 2017, 2022 and 2032

Figure 19: Europe Market Attractiveness, by Country and Sub-region

Figure 20: Asia Pacific Market Volume Share, by Application, 2017, 2022 and 2032

Figure 21: Asia Pacific Market Attractiveness, by Application

Figure 22: Asia Pacific Market Volume Share, by Grade, 2017, 2022 and 2032

Figure 23: Asia Pacific Market Attractiveness, by Grade

Figure 24: Asia Pacific Market Volume Share, by Country and Sub-region, 2017, 2022 and 2032

Figure 25: Asia Pacific Market Attractiveness, by Country and Sub-region

Figure 26: Latin America Market Volume Share, by Application, 2017, 2022 and 2032

Figure 27: Latin America Market Attractiveness, by Application

Figure 28: Latin America Market Volume Share, by Grade, 2017, 2022 and 2032

Figure 29: Latin America Market Attractiveness, by Grade

Figure 30: Latin America Market Volume Share, by Country and Sub-region, 2017, 2022 and 2032

Figure 31: Latin America Market Attractiveness, by Country and Sub-region

Figure 32: Middle East & Africa Market Volume Share, by Application, 2017, 2022 and 2032

Figure 33: Middle East & Africa Market Attractiveness, by Application

Figure 34: Middle East & Africa Market Volume Share, by Grade, 2017, 2022 and 2032

Figure 35: Middle East & Africa Market Attractiveness, by Grade

Figure 36: Middle East & Africa Market Volume Share, by Country and Sub-region, 2017, 2022 and 2032

Figure 37: Middle East & Africa Market Attractiveness, by Country and Sub-region

Figure 38: Global Market Share Analysis, by Company, 2021