White Oil Market Share, Size, Trends, Industry Analysis Report, By Application (Adhesives, Agriculture, Food, Pharmaceuticals, Personal Care, Textile, Polymers, Others); By Grade; By Region; Segment Forecast, 2023-2032
White Oil Market Share, Size, Trends, Industry Analysis Report, By Application (Adhesives, Agriculture, Food, Pharmaceuticals, Personal Care, Textile, Polymers, Others); By Grade; By Region; Segment Forecast, 2023-2032
The global white oil market size is expected treach USD 3,268.25 million by 2032, according ta new study by Polaris Market Research. The report “White Oil Market Share, Size, Trends, Industry Analysis Report, By Application (Adhesives, Agriculture, Food, Pharmaceuticals, Personal Care, Textile, Polymers, and Others); By Grade; By Region; Segment Forecast, 2022-2032” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.
The rapidly growing use of the product in the production of pharmaceutical goods that includes internal lubricants, emollients, ointments, and laxatives as a major raw material, along with the increasing booming demand for the product in the agriculture, adhesives, and textile applications across the globe are among the major factors propelling the growth of the market. In addition, the extensive rise in the number of government-supportive initiatives and increasing implementation of new product launches and product expansion of major manufacturers of the market by tapping intemerging economies of the world are further projected tfuel the market's growth opportunities.
For instance, in October 2022, Luberef established its new production facility in Yambu, which will produce transformer oil & white oil used in pharmaceutical, food, and power generation. The new production facility will enable the localization of such types of specialty products in the country and will further attract the producers & operators of oil-related products.
In recent years, white oils have become essential tmany cosmetic formulations. Additionally, a surge in consumers preferring personal care and cosmetic products tenhance their health and support their self-esteem, especially in the European region, is alsrapidly boosting the demand for the product. For instance, according tthe “Cosmetic Europe” & the “Personal Care Association,” over 500 million people in Europe use cosmetic & personal care products daily.
Moreover, the growing proliferation of low-volatility white oils tmanufacture plastics and a wide range of polymers for enhancing and regulating the melt flow rate of the end product tmodify the physical properties and give release qualities are alsanticipated tfuel the growth and demand for the market.
White Oil Market Report Highlights
Personal care segment accounted for highest market share in 2022, which is highly accelerated by growing prevalence and penetration among variety of new developing products mainly among young generation
Technical grade segment is expected tgrow at a fastest CAGR during the projected period, owing tits higher adoption as a lubricant in textile industry and growing use of white oil in several industrial applications
Asia Pacific region dominated the white oil market in 2022, which is mainly driven by extensive growth of the pharmaceutical industry and continuously increasing spending on healthcare in countries like India and China
The global key market players include JX Nippon Oil & Energy Corporation, Sinopec Corporation, Chevron Corporation, ExxonMobil Corporation, and Calumet Specialty Products Partners
Polaris Market Research has segmented the White Oil market report based on application, grade, and region:
White Oil, Form Outlook (Revenue - USD Million, 2019 - 2032)
Adhesives
Agriculture
Food
Pharmaceuticals
Personal Care
Textile
Polymers
Others
White Oil, Grade Outlook (Revenue - USD Million, 2019 - 2032)
Technical
Pharmaceutical
White Oil, Regional Outlook (Revenue - USD Million, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
114 Pages
1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global White Oil Market Insights
4.1. White Oil Market – Industry Snapshot
4.2. White Oil Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Growth of the global pharmaceutical market
4.2.1.2. Consumption in personal care industry
4.2.2. Restraints and Challenges
4.2.2.1. Stringent regulations on occupational exposure
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. White Oil Industry trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global White Oil Market, by Grade
5.1. Key Findings
5.2. Introduction
5.2.1. Global White Oil, by Grade, 2019-2032 (USD Million)
5.3. Technical
5.3.1. Global White Oil Market, by Technical, by Region, 2019-2032 (USD Million)
5.4. Pharmaceutical
5.4.1. Global White Oil Market, by Pharmaceutical, by Region, 2019-2032 (USD Million)
6. Global White Oil Market, by Application
6.1. Key Findings
6.2. Introduction
6.2.1. Global White Oil Market, by Application, 2019-2032 (USD Million)
6.3. Adhesives
6.3.1. Global White Oil Market, by Adhesives, by Region, 2019-2032 (USD Million)
6.4. Agriculture
6.4.1. Global White Oil Market, by Agriculture, by Region, 2019-2032 (USD Million)
6.5. Food
6.5.1. Global White Oil Market, by Food, by Region, 2019-2032 (USD Million)
6.6. Pharmaceuticals
6.6.1. Global White Oil Market, by Pharmaceuticals, by Region, 2019-2032 (USD Million)
6.7. Personal Care
6.7.1. Global White Oil Market, by Personal Care, by Region, 2019-2032 (USD Million)
6.8. Textile
6.8.1. Global White Oil Market, by Textile, by Region, 2019-2032 (USD Million)
6.9. Polymers
6.9.1. Global White Oil Market, by Polymers, by Region, 2019-2032 (USD Million)
6.10. Others
6.10.1. Global White Oil Market, by Others, by Region, 2019-2032 (USD Million)
7. Global White Oil Market, by Geography
7.1. Key findings
7.2. Introduction
7.2.1. White Oil Market Assessment, By Geography, 2019-2032 (USD Million)
7.3. White Oil Market – North America
7.3.1. North America: White Oil Market, by Application, 2019-2032 (USD Million)
7.3.2. North America: White Oil Market, by Grade, 2019-2032 (USD Million)
7.3.3. White Oil Market – U.S.
7.3.3.1. U.S.: White Oil Market, by Application, 2019-2032 (USD Million)
7.3.3.2. U.S.: White Oil Market, by Grade, 2019-2032 (USD Million)
7.3.4. White Oil Market – Canada
7.3.4.1. Canada: White Oil Market, by Application, 2019-2032 (USD Million)
7.3.4.2. Canada: White Oil Market, by Grade, 2019-2032 (USD Million)
7.4. White Oil Market – Europe
7.4.1. Europe: White Oil Market, by Application, 2019-2032 (USD Million)
7.4.2. Europe: White Oil Market, by Grade, 2019-2032 (USD Million)
7.4.3. White Oil Market – UK
7.4.3.1. UK: White Oil Market, by Application, 2019-2032 (USD Million)
7.4.3.2. UK: White Oil Market, by Grade, 2019-2032 (USD Million)
7.4.4. White Oil Market – France
7.4.4.1. France: White Oil Market, by Application, 2019-2032 (USD Million)
7.4.4.2. France: White Oil Market, by Grade, 2019-2032 (USD Million)
7.4.5. White Oil Market – Germany
7.4.5.1. Germany: White Oil Market, by Application, 2019-2032 (USD Million)
7.4.5.2. Germany: White Oil Market, by Grade, 2019-2032 (USD Million)
7.4.6. White Oil Market – Italy
7.4.6.1. Italy: White Oil Market, by Application, 2019-2032 (USD Million)
7.4.6.2. Italy: White Oil Market, by Grade, 2019-2032 (USD Million)
7.4.7. White Oil Market – Spain
7.4.7.1. Spain: White Oil Market, by Application, 2019-2032 (USD Million)
7.4.7.2. Spain: White Oil Market, by Grade, 2019-2032 (USD Million)
7.4.8. White Oil Market – Netherlands
7.4.8.1. Netherlands: White Oil Market, by Application, 2019-2032 (USD Million)
7.4.8.2. Netherlands: White Oil Market, by Grade, 2019-2032 (USD Million)
7.4.9. White Oil Market – Russia
7.4.9.1. Russia: White Oil Market, by Application, 2019-2032 (USD Million)
7.4.9.2. Russia: White Oil Market, by Grade, 2019-2032 (USD Million)
7.5. White Oil Market – Asia Pacific
7.5.1. Asia Pacific: White Oil Market, by Application, 2019-2032 (USD Million)
7.5.2. Asia Pacific: White Oil Market, by Grade, 2019-2032 (USD Million)
7.5.3. White Oil Market – China
7.5.3.1. China: White Oil Market, by Application, 2019-2032 (USD Million)
7.5.3.2. China: White Oil Market, by Grade, 2019-2032 (USD Million)
7.5.4. White Oil Market – India
7.5.4.1. India: White Oil Market, by Application, 2019-2032 (USD Million)
7.5.4.2. India: White Oil Market, by Grade, 2019-2032 (USD Million)
7.5.5. White Oil Market – Malaysia
7.5.5.1. Malaysia: White Oil Market, by Application, 2019-2032 (USD Million)
7.5.5.2. Malaysia: White Oil Market, by Grade, 2019-2032 (USD Million)
7.5.6. White Oil Market – Japan
7.5.6.1. Japan: White Oil Market, by Application, 2019-2032 (USD Million)
7.5.6.2. Japan: White Oil Market, by Grade, 2019-2032 (USD Million)
7.5.7. White Oil Market – Indonesia
7.5.7.1. Indonesia: White Oil Market, by Application, 2019-2032 (USD Million)
7.5.7.2. Indonesia: White Oil Market, by Grade, 2019-2032 (USD Million)
7.5.8. White Oil Market – South Korea
7.5.8.1. South Korea: White Oil Market, by Application, 2019-2032 (USD Million)
7.5.8.2. South Korea: White Oil Market, by Grade, 2019-2032 (USD Million)
7.6. White Oil Market – Middle East & Africa
7.6.1. Middle East & Africa: White Oil Market, by Application, 2019-2032 (USD Million)
7.6.2. Middle East & Africa: White Oil Market, by Grade, 2019-2032 (USD Million)
7.6.3. White Oil Market – Saudi Arabia
7.6.3.1. Saudi Arabia: White Oil Market, by Application, 2019-2032 (USD Million)
7.6.3.2. Saudi Arabia: White Oil Market, by Grade, 2019-2032 (USD Million)
7.6.4. White Oil Market – UAE
7.6.4.1. UAE: White Oil Market, by Application, 2019-2032 (USD Million)
7.6.4.2. UAE: White Oil Market, by Grade, 2019-2032 (USD Million)
7.6.5. White Oil Market – Israel
7.6.5.1. Israel: White Oil Market, by Application, 2019-2032 (USD Million)
7.6.5.2. Israel: White Oil Market, by Grade, 2019-2032 (USD Million)
7.6.6. White Oil Market – South Africa
7.6.6.1. South Africa: White Oil Market, by Application, 2019-2032 (USD Million)
7.6.6.2. South Africa: White Oil Market, by Grade, 2019-2032 (USD Million)
7.7. White Oil Market – Latin America
7.7.1. Latin America: White Oil Market, by Application, 2019-2032 (USD Million)
7.7.2. Latin America: White Oil Market, by Grade, 2019-2032 (USD Million)
7.7.3. White Oil Market – Mexico
7.7.3.1. Mexico: White Oil Market, by Application, 2019-2032 (USD Million)
7.7.3.2. Mexico: White Oil Market, by Grade, 2019-2032 (USD Million)
7.7.4. White Oil Market – Brazil
7.7.4.1. Brazil: White Oil Market, by Application, 2019-2032 (USD Million)
7.7.4.2. Brazil: White Oil Market, by Grade, 2019-2032 (USD Million)
7.7.5. White Oil Market – Argentina
7.7.5.1. Argentina: White Oil Market, by Application, 2019-2032 (USD Million)
7.7.5.2. Argentina: White Oil Market, by Grade, 2019-2032 (USD Million)
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.