The global demand for White Oil Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
White Oil is hydrophobic, transparent, odorless, tasteless, chemically inert, biologically stable and non-carcinogenic oil. The white oil is refined mineral oil consisting of saturated aliphatic non-polar hydrocarbons. These are produced from refining process of the paraffinic base stocks. It is widely used across pharmaceutical, cosmetics, food & beverage, chemical processing, textile and many other industries owing to excellent property to blend well in mixture, provide smoothness, water repellant and are easy to use.
The growth of this market is mainly attributed to rising adoption in food and beverages. Increasing usage of white oil in personal care products such as creams, lotions, lip balm, baby oil, and different hair and skin care products. Rising awareness regarding beauty enhancement products in millennial as well as adult population is driving the usage of white oil. The growth of this market may hinder owing to fluctuating prices of the crude oil.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of white oil.
The entire white oil market has been sub-categorized into product type, material type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
By Material Type
- Light Paraffinic
- Heavy Paraffinic
- Pharmaceutical Grade
- Industrial Grade
- Personal Care & Cosmetics
- Foods & Beverages
This section covers regional segmentation which accentuates on current and future demand for white oil market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global White Oil Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the white oil market include China Petroleum & Chemical Corp (Sinopec Corporation), Calumet Specialty Products Partners, L.P., Chevron Corp., Exxon Mobil Corporation, Total S.A., Royal Dutch Shell plc, Fuchs Perlolub SE, Nynas AB, H&R GmbH & Co. KGaA, Savita Oil Technologies Ltd., Panama Petrochem Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.