India White Oil Market Report and Forecast 2025-2034

The India white oil market size is expected to grow at a CAGR of 1.80% between 2025 and 2034. The key market drivers are the growing utilisation of white oil in various applications such as personal care and cosmetics, pharmaceuticals, and food.

Key Trends in the Market

White oils are highly refined oils derived from base stocks that are paraffinic or naphthenic. They are mineral or synthetic oils that are colourless and odourless and are used in a variety of applications. White oils are a common staple in many industry verticals because they are chemically and biologically stable and prevent the formation of pathogenic microorganisms.

• In India, changing lifestyles and rising demand for fast food and baked goods are increasing the demand for white oil for handling dough and for lubricating food handling equipment. The demand for the India white oil market is projected to rise as its use as a lubricant expands in the food industry.
• The ability of white oil to withstand moisture is encouraging its applications in personal care and cosmetics products in India. White oil is being widely used in the production of a variety of personal care products that are water resistant, including moisturisers, cosmetics, skincare products, infant products, hair oils, shampoos, body lotions, scents, and creams.
• Pharmaceutical-grade white oil, the purest form of white oil, is utilised in the creation of vaccinations, lubricants for capsules, pelletising aids, ointment bases, and laxative jellies in the pharmaceutical sector. The expanding pharmaceuticals sector and increasing development of new products are further bolstering the India white oil market growth.

Market Segmentation

The EMR’s report titled “India White Oil Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Grade

• Food
• Pharma
• Technical

Market Breakup by Viscosity

• Low Viscosity
• Medium Viscosity
• Large Viscosity

Market Breakup by End Use

• Personal Care and Cosmetics
• Pharmaceuticals
• Food Industry
• Textile
• Plastics and Polymers
• Others

Market Breakup by Source

• Domestic
• Import

Market Breakup by Region

• North India
• East India
• West India
• South India

Market Share by End Use

The pharmaceuticals segment, by end use, is anticipated to witness significant growth in the India white oil market, fuelled by the rapidly expanding pharmaceutical industry, both for domestic and export manufacturing. White oil is used extensively in pharmaceuticals for the production of creams, vaccines, ointment bases, balms, capsule lubricants, and laxative jellies. Furthermore, white oil is used in the pharmaceutical sector as a key lubricant in machinery and medical equipment. The production capacities of major pharmaceuticals companies for medicines, tablets, syrups, ointments, and other products is constantly rising, which is likely to improve the growth of the white oil market in India.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the India white oil market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

APAR Industries Ltd

APAR Industries Ltd, founded in 1958 with headquarters in Mumbai, Maharashtra, is one of the biggest producers of transformer oils worldwide. It is a reliable manufacturer and supplier of conductors, gearbox cables, speciality oils, polymers and lubricants, and among the world's top producers of alloy conductors and aluminium.

Bharat Petroleum Corporation Ltd.

Bharat Petroleum Corporation Ltd., established in 1952, is an integrated oil and gas corporation headquartered in Mumbai, Maharashtra. The company produces a variety of oil products, such as middle and light distillates, and distributes its products through a network of retailers, wholesalers, and dealers.

Other market players include Savita Oil, Nandan Petrochem Ltd., Adinath Chemicals, Eastern Petroleum Pvt. Ltd., Raj Petro Specialties Pvt. Ltd., Gandhar Oil Refinery (India) Limited, and Columbia Petro Chem Pvt. Ltd., among others.
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