Petroleum Jelly Market Growth Analysis Report - Market Size, Share, Forecast Trends and Outlook (2025-2034)

The global petroleum jelly market is expected to grow at a CAGR of 5.00% during the period 2025-2034.

The Global Petroleum Jelly Market Likely to be Driven by Applications Across Sectors, Particularly Cosmetics and Pharmaceuticals

The global market for petroleum jelly is expected to be driven by uses in cosmetics, pharmaceuticals, leather, rubber, telecommunications, etc. Cosmetics and pharmaceuticals are likely to be key sectors. North America, Europe, Africa, Middle East and Asia are projected to be key markets. India and Iran have been major producers and exporters of petroleum jelly while Africa, Middle East, United States, EU, China and Japan have been major consumers.

Petroleum jelly (also known as petrolatum) is a semisolid jelly-like material, made of a mixture of mineral oils and waxes. It is widely used as a skin application due to its healing properties. It is commonly used on skin to treat dry skin (including lips and eyelids), injured skin, prevent chafing, treat skin rashes, and rehydrate nails.

Petroleum jelly is flammable, and has a melting-point generally close to 75°C. It may be colourless, translucent, or pale yellow, and in its pure form is tasteless and odourless. White petroleum jelly is insoluble in water, and repels it. Yellow petroleum Jelly exhibits good oil retaining capacity and high viscosity.

Petroleum jelly is used in candle wax formulas; it softens the mix, enables the candle to incorporate extra fragrance oil, and encourages adhesion to the sidewall of glass.

Other products offered in the Petroleum Jelly category by companies include White Petrolatum JP, White Soft Paraffin IP, Petrolatum USP, Yellow Soft Paraffin IP, White Petroleum Jelly, and White Soft Paraffin BP. Petroleum jelly generally comes in cosmetic grade, pharmaceutical grade, and industrial grade.

Applications of petroleum jelly / white petroleum jelly / yellow petroleum jelly include petroleum jelly products, Vaseline, petrolatum, ointments, lotions, creams, shaving creams, pharmaceutical products, cosmetics, pain balm, lipsticks, ointment bases for veterinarian use, wire ropes, wire rope compounds, cable-filling compounds, rubber mats, rubber bushing, wipers, battery terminal compounds, release agents for plaster moulds and castings, leather industry, etc. It is also employed in polishes, lubricating greases, rust preventives, and modeling clay.

Pharmaceutical and Cosmetics Expected to Drive the Global Petroleum Jelly Market

Increasing demand for pharmaceutical, cosmetic and personal wellness products is expected to drive the global petroleum jelly market. In cosmetics and personal care products, petroleum jelly is used in the formulation of bath products, cleansing products, skin care products, makeup, shampoos, permanent waves, hair conditioners, shaving products, and suntan products. It may also be used to temporarily protect injured or exposed skin from harmful external elements that produce rashes. Additionally, petroleum jelly slows down transepidermal water loss (TEWL) from the skin by creating a barrier on the surface of the skin. Petroleum jelly enhances the appearance and feel of hair, promoting hair body, suppleness or shine. It improves hair texture of hair damaged physically or by chemical treatment.

Global Petroleum Jelly Market Segmentation

The report titled “Petroleum Jelly Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

By grade, the market is segmented into:

• Pharmaceutical Grade
• Cosmetic Grade
• Industrial Grade

By end-user, the market is classified into:

• Telecommunications
• Pharmaceuticals
• Leather
• Shipping
• Cosmetics and Personal Care
• Others

By region, the market is divided into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Key Industry Players in the Global Petroleum Jelly Market

The report presents a detailed analysis of the following key players in the market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Unilever PLC
• Sonneborn LLC
• Raj Petro Specialities Pvt. Ltd.
• Brenntag SE
• Eastern Petroleum Pvt. Ltd.
• Shimi Taghiran,Co
• Others

The report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.