White oil is an excellent emollient, chemical contact inhibitor, and softening agent. It also possesses superior properties for the manufacturing of water-resistant creams. In addition, it is a great choice for hot melt adhesives. It also induces transparency and maintains color stability. This makes white oil an ideal candidate for cosmetics applications. They are colorless, odorless, and tasteless, and are non-toxic.
Market Dynamics:
The increasing demand for personal care products and the expansion of the textile and pharmaceutical industries are major drivers of the market growth. The pharmaceutical industry is one of the most important sectors driving the market growth. The market is also expected to get benefit from increased demand for polymers in various applications across the globe.
On the other hand, availability of substitute products is projected to hamper the market growth over the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global white oil market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global white oil market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Bharat Petroleum Corporation Ltd. (BPCL), Calumet Specialty Products Partners, China Petrochemical & Chemical Corporation (Sinopec), Columbia Petro Chem Pvt Ltd., Exxon Mobil Corporation, H&R GROUP, HF Sinclair Corporation, Nynas AB, Oxiteno (Indorama Ventures), Renkert Oil, Shell PLC, Sasol, and Savita Oil Technologies Limited
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global white oil market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global white oil market
Detailed Segmentation:
- Global White Oil Market, By Application:
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- Plastics and Elastomers
- Adhesives
- Personal Care
- Agriculture
- Textile
- Food and Beverage
- Pharmaceutical
- Metalworking Applications
- Other Applications
- Global White Oil Market, By Grade:
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- Technical/Industrial Grade
- Pharmaceuticals Grade
- Global White Oil Market, By Base Oil:
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- Group I
- Group II
- Group III
- Naphthenic
- Global White Oil Market, By Geography:
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- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Rest of World
- Company Profiles:
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- Bharat Petroleum Corporation Ltd. (BPCL)
- Calumet Specialty Products Partners
- China Petrochemical & Chemical Corporation (Sinopec)
- Columbia Petro Chem Pvt Ltd.
- Exxon Mobil Corporation
- H&R GROUP
- HF Sinclair Corporation
- Nynas AB
- Oxiteno (Indorama Ventures)
- Renkert Oil
- Shell PLC
- Sasol
- Savita Oil Technologies Limited
