The global White Oil market was valued at US$ 3401.7 million in 2022 and is projected to reach US$ 4120.2 million by 2029, at a CAGR of 2.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global White Oil market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global White Oil market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global White Oil market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
White Oil (sometimes also called Base Oil, White Mineral Oil, Liquid Paraffin Wax, Normal Paraffin, etc.) is a transparent, colourless, odourless, or almost odourless, oily liquid composed of saturated hydrocarbons came from petroleum, coal or natural gas etc. It is a complex composition of hydrocarbons and consists mainly of mixtures of straight-chain alkanes.
This report aims to provide a comprehensive presentation of the global market for White Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding White Oil. This report contains market size and forecasts of White Oil in global, including the following market information:
- Global White Oil Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global White Oil Market Sales, 2018-2023, 2024-2029, (K MT)
- Global top five White Oil companies in 2022 (%)
Global White Oils key players include Sasol, Shell, Exxon Mobil, CNPC, Sinopec, etc. Global top five manufacturers hold a share about 40%. Asia-Pacific is the largest market, with a share about 50%, followed by Europe and North America, both have a share about 40 percent. In terms of product, Industrial Grade is the largest segment, with a share over 65%. And in terms of application, the largest application is Textile, followed by Solvent Oil.
We surveyed the White Oil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global White Oil Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global White Oil Market Segment Percentages, by Type, 2022 (%)
- Chemical Grade
- Food Grade
- Cosmetic Grade
Global White Oil Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global White Oil Market Segment Percentages, by Application, 2022 (%)
- Plastic & Polymer
- Pharmaceuticals
- Personal Care & Cosmetics
- Food Industry
- Textile
Global White Oil Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global White Oil Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies White Oil revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies White Oil revenues share in global market, 2022 (%)
- Key companies White Oil sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies White Oil sales share in global market, 2022 (%)
key players include:
- Sonneborn
- ExxonMobil Fuels & Lubricants
- Chevron
- Royal Dutch Shell
- Sinopec Corporation
- Sasol
- Renkert Oil
- JX Nippon Oil & Energy Corporation
- Suncor Energy
- Nynas AB
- Seojin Chemical
- Lubline
- TOTAL
- APAR INDUSTRIES
- Panama Petrochem
- Savita Chemicals
- Eastern
Outline of Major Chapters:
Chapter 1: Introduces the definition of White Oil, market overview.
Chapter 2: Global White Oil market size in revenue and volume.
Chapter 3: Detailed analysis of White Oil manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of White Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global White Oil capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
