Global White Oil Market - Forecasts from 2018 to 2023

  • ID: 4518583
  • Report
  • Region: Global
  • 92 pages
  • Knowledge Sourcing Intelligence LLP
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until Jan 15th 2019
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FEATURED COMPANIES

  • EC21 Inc.
  • Exxon Mobil Corporation
  • Nynas AB
  • Sasol
  • Shell International B.V.
  • Sonneborn LLC
  • MORE
The global white oil market is expected to witness an exponential growth at a CAGR of 3.86%. The market was valued at US$1.662 in 2017 and is expected to reach US$2.064 billion by 2023, due to escalating demand for personal care and pharmaceutical products, and polymers among others. The global white oil market growth is also complemented by advancements in the production process that allows complete removal of dust particles, superior purity, odourless, and tasteless products. However, the growth of white oil in the global market will observe restraint due to strict government policies in developed nations, economic uncertainty, and fluctuating petroleum prices.

By Grade
The global white oil market is divided into various segments on the basis of purity of product for diverse consumption across various verticals. The pharmaceutical grade segment is expected to grow at a moderate CAGR due to a wide acceptance of white oil in the industry over the forecast period. Technical grade was the dominant segment in the year 2017 owing to application of technical grade white oil in food processing and food packaging due to strict government guidelines in developed countries.

By Industry:
The white oil market in pharmaceutical is projected to grow at a significant rate over the next five years. The demand for white oil in pharmaceutical is mainly driven by its increased application as a lubricant in medical or pharmaceutical industry instruments, base materials for oil and ointments and others. Growth in the global healthcare industry as result or diversification of products and ongoing advancements will provide impetus to the global white oil demand.

By Region:
Asia Pacific region was the major market for white oil in 2017 accounting for a significant share of the global white oils market. North America region is also expected witness considerable demand for white oil by personal care and cosmetics manufacturers owing to technical advancements in production and product innovation.

Competitive Insight:
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The major companies indulged in the production of white oil are Exxon Mobil, China Petroleum & Chemical Corporation, Sonneborn, EC21 Inc., Nynas AB, and Petro-Canada among others. Mergers, new product launches, and product innovation are the major strategies being adopted by the companies for boosting their existing market share. Due to strong positioning and stable branding, the industry has high barriers for new entrants.

Segmentation:

The global white oil industry is segmented on basis of grade, application, and geographical regions.
  • Grade
  • Pharmaceutical Grade
  • Technical Grade
  • Food Grade
  • Industry
  • Cosmetics
  • Pharmaceuticals
  • Food
  • Textile
  • Others
  • Regions
  • North America
  • United States
  • Canada
  • Mexico
  • Others
  • South America
  • Brazil
  • Argentina
  • Others
  • Europe
  • United Kingdom
  • Russia
  • Germany
  • Italy
  • Spain
  • France
  • Others
  • Middle East and Africa (MEA)
  • Saudi Arabia
  • UAE
  • Israel
  • Others
  • Asia Pacific (APAC)
  • India
  • China
  • Japan
  • Australia
  • Others
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • EC21 Inc.
  • Exxon Mobil Corporation
  • Nynas AB
  • Sasol
  • Shell International B.V.
  • Sonneborn LLC
  • MORE
1. Introduction

2. Research Methodology
2.1. Research Process and Design
2.2. Research Assumptions

3. Executive Summary

4. Market Dynamics
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s 5 Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of Substitutes
4.5.4. Threat of New Entrants
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis- Regional Snapshot
4.7. Market Attractiveness

5. Global White Oil Market Forecast by Grade (US$ Billion)
5.1. Pharmaceutical Grade
5.2. Technical Grade
5.3. Food Grade

6. Global White Oil Market Forecast by Industry (US$ Billion)
6.1. Cosmetics
6.2. Pharmaceutical
6.3. Food
6.4. Textile
6.5. Others

7. Global White Oil Market Forecast by Regions (US$ Billion)
7.1. North America
7.1.1. United States
7.1.2. Canada
7.1.3. Mexico
7.1.4. Others
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. United Kingdom
7.3.2. Russia
7.3.3. Germany
7.3.4. Italy
7.3.5. Spain
7.3.6. France
7.3.7. Others
7.4. Middle East and Africa (MEA)
7.4.1. Saudi Arabia
7.4.2. UAE
7.4.3. Israel
7.4.4. Others
7.5. Asia Pacific (APAC)
7.5.1. India
7.5.2. China
7.5.3. Japan
7.5.4. Australia
7.5.5. Others

8. Competitive Analysis
8.1. Investment Analysis
8.2. Recent Deals
8.3. Strategies of Key Players

9. Major Global Companies
9.1. China Petroleum & Chemical Corporation
9.1.1. Overview
9.1.2. Financials
9.1.3. Products and Services
9.1.4. Recent Developments
9.2. Exxon Mobil Corporation
9.2.1. Overview
9.2.2. Financials
9.2.3. Products and Services
9.2.4. Recent Developments
9.3. Sonneborn LLC
9.3.1. Overview
9.3.2. Financials
9.3.3. Products and Services
9.3.4. Recent Developments
9.4. EC21 Inc.
9.4.1. Overview
9.4.2. Financials
9.4.3. Products and Services
9.4.4. Recent Developments
9.5. Nynas AB
9.5.1. Overview
9.5.2. Financials
9.5.3. Products and Services
9.5.4. Recent Developments
9.6. Petro-Canada Lubricants Inc.
9.6.1. Overview
9.6.2. Financials
9.6.3. Products and Services
9.6.4. Recent Developments
9.7. Shell International B.V.
9.7.1. Overview
9.7.2. Financials
9.7.3. Products and Services
9.7.4. Recent Developments
9.8. Sasol
9.8.1. Overview
9.8.2. Financials
9.8.3. Products and Services
9.8.4. Recent Developments

List Of Figures

List Of Tables
Note: Product cover images may vary from those shown
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  • China Petroleum & Chemical Corporation
  • Exxon Mobil Corporation
  • Sonneborn LLC
  • EC21 Inc.
  • Nynas AB
  • Petro-Canada Lubricants Inc.
  • Shell International B.V.
  • Sasol
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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