+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

White Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

  • PDF Icon

    Report

  • 147 Pages
  • November 2023
  • Region: Global
  • IMARC Group
  • ID: 5901679
Description Jump to:
The global white oil market size reached US$ 2.0 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 2.5 Billion by 2028, exhibiting a growth rate (CAGR) of 3.8% during 2022-2028.

White oil refers to the highly refined mineral oil that is obtained as a by-product in the production of sulfonates. Also known as paraffinum perliquidum or liquid paraffin, it is formed when paraffinic or naphthenic base oils are treated with sulfuric acid. The process removes the natural oxidation inhibitors, nitrogen and sulfur impurities, and unsaturated, toxic, aromatic and color-forming compounds. White oil is colorless, odorless, stable, pure, non-toxic, and chemically inert in nature. It can also be produced from a wide variety of feedstocks, depending on processes such as the two-stage hydrotreating method.

White Oil Market Trends:

The global white oil market is primarily driven by its growing applications in various industries. In the medical and pharmaceutical industry, white oil is employed in the production of ointments, laxatives and as a carrier for curative drug formulations. In the food industry, the product is applied in egg, fruit and vegetable coatings, food-grade lubricants and greasers, and within food packing materials. White oil also plays an essential role in producing plastics and elastomers, polystyrene internal lubricants, PVC external lubricants, plastic annealing, and catalyst carriers. Furthermore, white oil offers lubricity, the ability to prevent moisture, and chemical inertness. Due to these properties, it is utilized in the cosmetics industry to manufacture topical skincare products, such as body lotions, petroleum jelly, moisturizers, cold creams, hair care products and baby oil. Besides this, manufacturers are extensively investing in research and development (R&D) activities to introduce cost-efficient products.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global white oil market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on application.

Breakup by Application:

  • Adhesive
  • Agriculture
  • Food
  • Pharmaceutical
  • Personal Care
  • Textile
  • Polymers
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Bharat Petroleum Corporation Limited, Calumet Specialty Products Partners L.P., China Petroleum & Chemical Corporation, ExxonMobil Corporation, H&R GmbH & Co. KGaA, Nynas AB, Petro-Canada Lubricants Inc. (Hollyfrontier Corporation), Renkert Oil Inc., Royal Dutch Shell Plc, Sasol Limited, Savita Oil Technologies Limited and Total SE.

Key Questions Answered in This Report:

  • How has the global white oil market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global white oil market?
  • What are the key regional markets?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global white oil market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global White Oil Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Application
6.1 Adhesive
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Agriculture
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Food
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Pharmaceutical
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Personal Care
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Textile
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Polymers
6.7.1 Market Trends
6.7.2 Market Forecast
6.8 Others
6.8.1 Market Trends
6.8.2 Market Forecast
7 Market Breakup by Region
7.1 North America
7.1.1 United States
7.1.1.1 Market Trends
7.1.1.2 Market Forecast
7.1.2 Canada
7.1.2.1 Market Trends
7.1.2.2 Market Forecast
7.2 Asia-Pacific
7.2.1 China
7.2.1.1 Market Trends
7.2.1.2 Market Forecast
7.2.2 Japan
7.2.2.1 Market Trends
7.2.2.2 Market Forecast
7.2.3 India
7.2.3.1 Market Trends
7.2.3.2 Market Forecast
7.2.4 South Korea
7.2.4.1 Market Trends
7.2.4.2 Market Forecast
7.2.5 Australia
7.2.5.1 Market Trends
7.2.5.2 Market Forecast
7.2.6 Indonesia
7.2.6.1 Market Trends
7.2.6.2 Market Forecast
7.2.7 Others
7.2.7.1 Market Trends
7.2.7.2 Market Forecast
7.3 Europe
7.3.1 Germany
7.3.1.1 Market Trends
7.3.1.2 Market Forecast
7.3.2 France
7.3.2.1 Market Trends
7.3.2.2 Market Forecast
7.3.3 United Kingdom
7.3.3.1 Market Trends
7.3.3.2 Market Forecast
7.3.4 Italy
7.3.4.1 Market Trends
7.3.4.2 Market Forecast
7.3.5 Spain
7.3.5.1 Market Trends
7.3.5.2 Market Forecast
7.3.6 Russia
7.3.6.1 Market Trends
7.3.6.2 Market Forecast
7.3.7 Others
7.3.7.1 Market Trends
7.3.7.2 Market Forecast
7.4 Latin America
7.4.1 Brazil
7.4.1.1 Market Trends
7.4.1.2 Market Forecast
7.4.2 Mexico
7.4.2.1 Market Trends
7.4.2.2 Market Forecast
7.4.3 Others
7.4.3.1 Market Trends
7.4.3.2 Market Forecast
7.5 Middle East and Africa
7.5.1 Market Trends
7.5.2 Market Breakup by Country
7.5.3 Market Forecast
8 SWOT Analysis
8.1 Overview
8.2 Strengths
8.3 Weaknesses
8.4 Opportunities
8.5 Threats
9 Value Chain Analysis
10 Porters Five Forces Analysis
10.1 Overview
10.2 Bargaining Power of Buyers
10.3 Bargaining Power of Suppliers
10.4 Degree of Competition
10.5 Threat of New Entrants
10.6 Threat of Substitutes
11 Price Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Profiles of Key Players
12.3.1 Bharat Petroleum Corporation Limited
12.3.1.1 Company Overview
12.3.1.2 Product Portfolio
12.3.1.3 Financials
12.3.1.4 SWOT Analysis
12.3.2 Calumet Specialty Products Partners L.P.
12.3.2.1 Company Overview
12.3.2.2 Product Portfolio
12.3.2.3 Financials
12.3.2.4 SWOT Analysis
12.3.3 China Petroleum & Chemical Corporation
12.3.3.1 Company Overview
12.3.3.2 Product Portfolio
12.3.3.3 Financials
12.3.4 ExxonMobil Corporation
12.3.4.1 Company Overview
12.3.4.2 Product Portfolio
12.3.4.3 Financials
12.3.5 H&R GmbH & Co. KGaA
12.3.5.1 Company Overview
12.3.5.2 Product Portfolio
12.3.5.3 Financials
12.3.5.4 SWOT Analysis
12.3.6 Nynas AB
12.3.6.1 Company Overview
12.3.6.2 Product Portfolio
12.3.6.3 SWOT Analysis
12.3.7 Petro-Canada Lubricants Inc. (Hollyfrontier Corporation)
12.3.7.1 Company Overview
12.3.7.2 Product Portfolio
12.3.8 Renkert Oil Inc.
12.3.8.1 Company Overview
12.3.8.2 Product Portfolio
12.3.9 Royal Dutch Shell Plc
12.3.9.1 Company Overview
12.3.9.2 Product Portfolio
12.3.9.3 Financials
12.3.10 Sasol Limited
12.3.10.1 Company Overview
12.3.10.2 Product Portfolio
12.3.11 Savita Oil Technologies Limited
12.3.11.1 Company Overview
12.3.11.2 Product Portfolio
12.3.11.3 Financials
12.3.12 Total SE
12.3.12.1 Company Overview
12.3.12.2 Product Portfolio
12.3.12.3 Financials
12.3.12.4 SWOT Analysis
List of Figures
Figure 1: Global: White Oil Market: Major Drivers and Challenges
Figure 2: Global: White Oil Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: White Oil Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: White Oil Market: Breakup by Application (in %), 2022
Figure 5: Global: White Oil Market: Breakup by Region (in %), 2022
Figure 6: Global: White Oil (Adhesive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 7: Global: White Oil (Adhesive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 8: Global: White Oil (Agriculture) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: White Oil (Agriculture) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: White Oil (Food) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: White Oil (Food) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: White Oil (Pharmaceutical) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: White Oil (Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: White Oil (Personal Care) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: White Oil (Personal Care) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: White Oil (Textile) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: White Oil (Textile) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: White Oil (Polymers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: White Oil (Polymers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: White Oil (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: White Oil (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: North America: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: North America: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: United States: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: United States: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Canada: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Canada: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Asia-Pacific: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Asia-Pacific: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: China: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: China: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Japan: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Japan: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: India: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: India: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: South Korea: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: South Korea: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Australia: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Australia: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Indonesia: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Indonesia: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Others: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Others: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Europe: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Europe: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Germany: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Germany: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: France: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: France: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: United Kingdom: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: United Kingdom: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Italy: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Italy: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Spain: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Spain: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Russia: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Russia: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Others: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Others: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Latin America: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Latin America: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Brazil: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Brazil: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Mexico: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Mexico: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Others: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Others: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Middle East and Africa: White Oil Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Middle East and Africa: White Oil Market: Breakup by Country (in %), 2022
Figure 70: Middle East and Africa: White Oil Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Global: White Oil Industry: SWOT Analysis
Figure 72: Global: White Oil Industry: Value Chain Analysis
Figure 73: Global: White Oil Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: White Oil Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: White Oil Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 3: Global: White Oil Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 4: Global: White Oil Market: Competitive Structure
Table 5: Global: White Oil Market: Key Players

Companies Mentioned

  • Bharat Petroleum Corporation Limited
  • Calumet Specialty Products Partners L.P.
  • China Petroleum & Chemical Corporation
  • ExxonMobil Corporation
  • H&R GmbH & Co. KGaA
  • Nynas AB
  • Petro-Canada Lubricants Inc. (Hollyfrontier Corporation)
  • Renkert Oil Inc.
  • Royal Dutch Shell Plc
  • Sasol Limited
  • Savita Oil Technologies Limited and Total SE

Methodology

Loading
LOADING...

Table Information

Report AttributeDetails
No. of Pages147
PublishedNovember 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 2 Billion
Forecasted Market Value ( USD ) by 2028 $ 2.5 Billion
Compound Annual Growth Rate3.8%
Regions CoveredGlobal
No. of Companies Mentioned11

Related Topics

Related Reports

Global White Oil Market by Grade (Industrial Grade, Pharmaceutical Grade), Product (Heavy Paraffinic, Light Paraffinic, Naphthenic), Application - Forecast 2023-2030 - Product Image

Global White Oil Market by Grade (Industrial Grade, Pharmaceutical Grade), Product (Heavy Paraffinic, Light Paraffinic, Naphthenic), Application - Forecast 2023-2030

  • Report
  • 192 Pages
  • Global
From
White Oil Global Market Insights 2023, Analysis and Forecast to 2028, by Manufacturers, Regions, Technology, Application, Product Type - Product Image

White Oil Global Market Insights 2023, Analysis and Forecast to 2028, by Manufacturers, Regions, Technology, Application, Product Type

  • Report
  • 106 Pages
  • Global
From
White Oil: Global Strategic Business Report - Product Image

White Oil: Global Strategic Business Report

  • Report
  • 324 Pages
  • Global
From
2024 White Oil Market Outlook Report: Industry Size, Market Shares Data, Insights, Growth Trends, Opportunities, Competition 2023 to 2031 - Product Image

2024 White Oil Market Outlook Report: Industry Size, Market Shares Data, Insights, Growth Trends, Opportunities, Competition 2023 to 2031

  • Report
  • 153 Pages
  • Global
From
White Oil Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F - Product Image

White Oil Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F

  • Report
  • 113 Pages
  • Global
From
Copyright © 2002-2024 Research and Markets. All Rights Reserved.