Global White Oil Market is anticipated to reach USD 2.60 billion during the forecast period. White Oil is a colorless petroleum distillate, especially liquid paraffin, used therapeutically and in the plastic and food industries. The factors that propel the growth of the White Oil Market include vertical growth mainly in the developing countries. Global White Oil industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. The market may be explored by product type, application, grade type, and geography. The industry may be explored by product type as Naphthenic, light paraffinic, and Heavy paraffinic.
The key applications that could be explored in the white oil industry include Personal care and cosmetics, Polymers, Pharmaceutical, Textiles, Food and beverages, Adhesives, and Others. The “Pharmaceutical” segment led the White Oil Market in 2017 and is anticipated to maintain its dominance by 2024 owing to improved application as a lubricant in pharmaceutical industry instruments, base materials for ointments and oil and others. The White Oil industry could be explored based on grade type as Pharmaceutical, and Industrial
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Asia-Pacific accounted for the major share of the White Oil Market Size in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth include higher growth rate than the other regions, and development in agriculture, textile, cement industry.
Some of the key players that fuel the growth of the white oil industry comprise British Petroleum, Sasol, Sonneborn, Inc., Sinopec Corporation, Seojin Chemical Co., Ltd., Exxon Mobil Corporation, Nynas AB, Renkert Oil, Inc., Petro-Canada, JX Nippon Oil & Energy Corporation, and Royal Dutch Shell N.V. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
Market Segment:
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
• Adhesives
• Agriculture
• Food
• Pharmaceutical
• Personal Care
• Textile
• Polymers
• Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
• North America
• U.S.
• Europe
• Germany
• Russia
• Asia Pacific
• China
• India
• South Korea
• Latin America
• Brazil
• MEA
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Table of Contents
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
1.4. List of Abbreviations
Chapter 2. Executive Summary
2.1. Market Snapshot
Chapter 3. White Oil Market Variables, Trends & Scope
3.1. Market segmentation & scope
3.2. Penetration & growth prospect mapping
3.3. Value chain analysis
3.4. Raw material trend
3.5. Regulatory framework
3.6. Technology overview
3.7. Market dynamics
3.7.1. Market driver analysis
3.7.2. Market restraint analysis
3.8. Overview - Trends in key markets & upcoming opportunities
3.9. White oil supply statistics, 2013 - 2015 (Kilo Tons)
3.10. Price trend analysis by region, 2013 - 2024 (USD/Ton)
3.10.1. North America
3.10.2. Europe
3.10.3. Asia Pacific
3.10.4. Latin America
3.10.5. Middle East & Africa
3.11. White oil market Porter’s analysis
3.12. White oil market PESTEL
Continued…
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COVID-19 Impact Analysis on White Oil Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.
The report encompasses data regarding market share and recent developments by key players.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the white oil market include China Petroleum & Chemical Corp (Sinopec Corporation), Calumet Specialty Products Partners, L.P., Chevron Corp., Exxon Mobil Corporation, Total S.A., Royal Dutch Shell plc, Fuchs Perlolub SE, Nynas AB, H GmbH & Co. KGaA, Savita Oil Technologies Ltd., Panama Petrochem Ltd.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global White Oil Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/white-oil-market/download-sampleMarket DynamicsThe growth of this market is mainly attributed to rising adoption in food and beverages.
Increasing usage of white oil in personal care products such as creams, lotions, lip balm, baby oil, and different hair and skin care products.
