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White Oil Market Size, Share & Trends Analysis Report By Application (Personal Care, Adhesives, Agriculture), By Region (North America, Europe, Asia Pacific, LATAM, MEA), And Segment Forecasts, 2022 - 2030

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  • 109 Pages
  • May 2022
  • Region: Global
  • Grand View Research
  • ID: 4773494
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White Oil Market Growth & Trends

The global white oil market size is expected to reach USD 3.0 billion by 2030. It is expected to expand at a CAGR of 4.2% from 2022 to 2030. The product demand is attributed to the increase in the consumption of the product by various end-use industries such as personal care and pharmaceutical.

The personal care application segment extensively utilizes the product as a base ingredient, lubricant, softening agent, and a key processing additive for various personal care products mainly including cosmetics, make-up products, lipsticks, skin care lotions, and hair care products. Multiple uses of white oil, coupled with the growth of the personal care industry in developing countries, are driving the product demand.

White oil can be easily blended with other base oils and chemicals for use in adhesive formulations. It enables the adhesive to maintain transparency for a longer duration. Due to the performance-enhancing properties of white oil, the consumption for the same is expected to rapidly rise in the adhesive application segment in the next couple of years.

The product has a wide application scope in the personal care sector. It is primarily used as a base ingredient for manufacturing a large array of personal care products ranging from hair care to skincare product categories. The personal care segment is expected to drive the white oil industry demand in the next few years owing to the increasing use of cosmetics and skincare products, especially in developing countries such as China, India, and Brazil. However, adhesives, agriculture, and polymers are estimated to offer significant growth opportunities for the market over the forecast period.

White Oil Market Report Highlights

  • The personal care application segment accounted for the largest revenue share of more than 25.0% in 2021. The growth is attributed to the increase in the demand for the personal care products such as skin care lotions, make-up products, and hair care products, which utilizes the product as their base ingredient for manufacturing
  • The pharmaceutical application segment accounted for the second-largest revenue share in 2021 owing to the growth of the sector post-COVID and an increase in health awareness among people. This, in turn, drives the demand for the product as it is utilized in the manufacturing of various medicines
  • The adhesives application segment is anticipated to expand at the highest revenue-based CAGR of 4.6% over the forecast period. The growth is attributed to the increase in the requirements for white oil for the processing of adhesives
  • The product is used for various purposes in the agriculture sector including dust control of grain elevators, tobacco processing, crop protection, animal fodder protection, and other horticultural applications
  • Rapid consumption of the product in the application sectors such as textile, agriculture, and adhesives is anticipated to offer significant growth opportunities over the forecast period

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets


This product will be delivered within 1-3 business days.

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 SummaryChapter 3 Market Snapshot
Chapter 4 Market Variables, Trends & Scope
4.1 White oil market segmentation & scope
4.2 White oil market penetration & growth prospect mapping
4.3 White oil equipment market value chain analysis
4.4 Raw material trend
4.5 Regulatory Framework
4.6 Technology overview
4.7 White oil market dynamics
4.7.1 Market driver analysis
4.7.1.1 Consumption in personal care industry
4.7.1.2 Growth of the global pharmaceutical market
4.7.2 Market restraint analysis
4.7.2.1 Stringent regulations on occupational exposure
4.8 Overview - trends in key markets & upcoming opportunities
4.9 White oil supply statistics
4.10 Price trend analysis by region, 2018 - 2030 (USD/Ton)
4.10.1 North America
4.10.2 Europe
4.10.3 Asia Pacific
4.10.4 Latin America
4.10.5 Middle East & Africa
4.11 White oil market Porter’s analysis
4.12 White oil market PESTEL analysis
Chapter 5 Market Categorization 1: Application Estimates & Trend Analysis
5.1 Application Movement Analysis & Market Share, 2021 & 2030
5.2 Adhesives
5.2.1 Global white oil market for adhesives, estimates and forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
5.3 Agriculture
5.3.1 Global white oil market for agriculture, estimates and forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
5.4 Food
5.4.1 Global white oil market for food, estimates and forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
5.5 Pharmaceutical
5.5.1 Global white oil market for pharmaceutical, estimates and forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
5.6 xPersonal Care
5.6.1 Global white oil market for personal care, estimates and forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
5.7 Textile
5.7.1 Global white oil market for textile, estimates and forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
5.8 Polymers
5.8.1 Global white oil market for polymers, estimates and forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
5.9 Others
5.9.1 Global white oil market for other applications, estimates and forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 6 Market Categorization 2: Regional Estimates & Trend Analysis, By Application
6.1 Regional market place: Key takeaways
6.2 Regional Movement Analysis & Market Share, 2021 & 2030
6.3 North America
6.3.1 North America white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
6.3.2 North America white oil market estimates and forecast, by application, 2018 - 2030 (Kilo Tons) (USD Million)
6.3.3 U.S.
6.3.3.1 U.S. white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
6.3.3.2 U.S. white oil market estimates and forecast, by application, 2018 - 2030 (Kilo Tons) (USD Million)
6.4 Europe
6.4.1 Europe white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
6.4.2 Europe white oil market estimates and forecast, by application, 2018 - 2030 (Kilo Tons) (USD Million)
6.4.3 Germany
6.4.3.1 Germany white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
6.4.3.2 Germany white oil market estimates and forecast, by application, 2018 - 2030 (Kilo Tons) (USD Million)
6.4.4 Russia
6.4.4.1 Russia white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
6.4.4.2 Russia white oil market estimates and forecast, by application, 2018 - 2030 (Kilo Tons) (USD Million)
6.5 Asia Pacific
6.5.1 Asia Pacific white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
6.5.2 Asia Pacific white oil market estimates and forecast, by application, 2018 - 2030 (Kilo Tons) (USD Million)
6.5.3 China
6.5.3.1 China white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
6.5.3.2 China white oil market estimates and forecast, by application, 2018 - 2030 (Kilo Tons) (USD Million)
6.5.4 India
6.5.4.1 India white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
6.5.4.2 India white oil market estimates and forecast, by application, 2018 - 2030 (Kilo Tons) (USD Million)
6.5.5 South Korea
6.5.5.1 South Korea white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
6.5.5.2 South Korea white oil market estimates and forecast, by application, 2018 - 2030 (Kilo Tons) (USD Million)
6.6 Latin America
6.6.1 Latin America white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
6.6.2 Latin America white oil market estimates and forecast, by application, 2018 - 2030 (Kilo Tons) (USD Million)
6.6.3 Brazil
6.6.3.1 Brazil white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
6.6.3.2 Brazil white oil market estimates and forecast, by application, 2018 - 2030 (Kilo Tons) (USD Million)
6.7 Middle East & Africa
6.7.1 Middle East & Africa white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
6.7.2 Middle East & Africa white oil market estimates and forecast, by application, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 7 Competitive Landscape
7.1 Competitive landscape analysis, 2021
7.2 Competitive environment, 2021
7.3 Vendor landscape
7.4 Company market positioning
7.5 Strategy framework
Chapter 8 Company Profiles
8.1 British Petroleum
8.1.1 Company Overview
8.1.2 Financial Performance
8.1.3 Product Benchmarking
8.2 Renkert Oil, Inc.
8.2.1 Company Overview
8.2.2 Financial Performance
8.2.3 Product Benchmarking
8.2.4 Strategic Initiatives
8.3 ExxonMobil Corporation
8.3.1 Company Overview
8.3.2 Financial Performance
8.3.3 Product Benchmarking
8.3.4 Strategic Initiatives
8.4 JX Nippon Oil & Energy Corporation
8.4.1 Company Overview
8.4.2 Financial Performance
8.4.3 Product Benchmarking
8.4.4 Strategic Initiatives
8.5 Nynas AB
8.5.1 Company Overview
8.5.2 Financial Performance
8.5.3 Product Benchmarking
8.5.4 Strategic initiatives
8.6 Petro-Canada
8.6.1 Company Overview
8.6.2 Financial Performance
8.6.3 Product Benchmarking
8.6.4 Strategic Initiatives
8.7 Royal Dutch Shell N.V.
8.7.1 Company Overview
8.7.2 Financial Performance
8.7.3 Product Benchmarking
8.8 Sasol
8.8.1 Company Overview
8.8.2 Financial Performance
8.8.3 Product Benchmarking
8.9 Seojin Chemical Co., Ltd.
8.9.1 Company Overview
8.9.2 Financial Performance
8.9.3 Product Benchmarking
8.10 Sinopec Corporation
8.10.1 Company Overview
8.10.2 Financial Performance
8.10.3 Product Benchmarking
8.11 Sonneborn, Inc.
8.11.1 Company Overview
8.11.2 Financial Performance
8.11.3 Product Benchmarking
8.11.4 Strategic Initiatives
List of Tables
Table 1 White oil - Market driver analysis
Table 2 White oil - Market restraint analysis
Table 3 Occupational exposure limits (mg/m3) in white oil production industry
Table 4 North America white oil market price trends market, 2018 - 2030 (USD/KiloTon)
Table 5 Europe white oil market price trends market, 2018 - 2030 (USD/KiloTon)
Table 6 Asia Pacific white oil market price trends market, 2018 - 2030 (USD/KiloTon)
Table 7 Latin America white oil market price trends market, 2018 - 2030 (USD/KiloTon)
Table 8 Middle East & Africa white oil market price trends market, 2018 - 2030 (USD/KiloTon)
Table 9 Global white oil market for adhesives, estimates and forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Table 10 Global white oil market for agriculture, estimates and forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Table 11 Global white oil market for food, estimates and forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Table 12 Global white oil market for pharmaceutical, estimates and forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Table 13 Global white oil market for personal care, estimates and forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Table 14 Global white oil market for textile, estimates and forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Table 15 Global white oil market for polymers, estimates and forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Table 16 Global white oil market for other applications, estimates and forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Table 17 North America white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
Table 18 North America white oil market volume, by application, 2018 - 2030 (Kilo Tons)
Table 19 North America white oil market revenue, by application, 2018 - 2030 (USD Million)
Table 20 U.S. white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
Table 21 U.S. white oil market volume, by application, 2018 - 2030 (Kilo Tons)
Table 22 U.S. white oil market revenue, by application, 2018 - 2030 (USD Million)
Table 23 Europe white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
Table 24 Europe white oil market volume, by application, 2018 - 2030 (Kilo Tons)
Table 25 Europe white oil market revenue, by application, 2018 - 2030 (USD Million)
Table 26 Germany white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
Table 27 Germany white oil market volume, by application, 2018 - 2030 (Kilo Tons)
Table 28 Germany white oil market revenue, by application, 2018 - 2030 (USD Million)
Table 29 Russia white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
Table 30 Russia white oil market volume, by application, 2018 - 2030 (Kilo Tons)
Table 31 Russia white oil market revenue, by application, 2018 - 2030 (USD Million)
Table 32 Asia Pacific white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
Table 33 Asia Pacific white oil market volume, by application, 2018 - 2030 (Kilo Tons)
Table 34 Asia Pacific white oil market revenue, by application, 2018 - 2030 (USD Million)
Table 35 China white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
Table 36 China white oil market volume, by application, 2018 - 2030 (Kilo Tons)
Table 37 China white oil market revenue, by application, 2018 - 2030 (USD Million)
Table 38 India white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
Table 39 India white oil market volume, by application, 2018 - 2030 (Kilo Tons)
Table 40 India white oil market revenue, by application, 2018 - 2030 (USD Million)
Table 41 South Korea white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
Table 42 South Korea white oil market volume, by application, 2018 - 2030 (Kilo Tons)
Table 43 South Korea white oil market revenue, by application, 2018 - 2030 (USD Million)
Table 44 Latin America white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
Table 45 Latin America white oil market volume, by application, 2018 - 2030 (Kilo Tons)
Table 46 Latin America white oil market revenue, by application, 2018 - 2030 (USD Million)
Table 47 Brazil white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
Table 48 Brazil white oil market volume, by application, 2018 - 2030 (Kilo Tons)
Table 49 U.S. white oil market revenue, by application, 2018 - 2030 (USD Million)
Table 50 Middle East & Africa white oil market estimates and forecast, 2018 - 2030 (Kilo Tons) (USD Million)
Table 51 Middle East & Africa white oil market volume, by application, 2018 - 2030 (Kilo Tons)
Table 52 Middle East & Africa white oil market revenue, by application, 2018 - 2030 (USD Million)
Table 53 White oil market company ranking, 2021
Table 54 Global white oil treatment market vendor landscape
List of Figures
Fig. 1 White oil market snapshot
Fig. 2 White oil market segmentation & scope
Fig. 3 White oil market penetration & growth prospect mapping
Fig. 4 White oil equipment market value chain analysis
Fig. 5 Crude oil and natural gas consumption,by region, 2015 (Million tons)
Fig. 6 Global raw material price trend, 2018 - 2030 (USD/bbl)
Fig. 7 White oil market dynamics
Fig. 8 Global personal care market, (USD Billion), 2018 - 2030
Fig. 9 Global personal care market by product segment, 2015 (%)
Fig. 10 Global pharmaceutical market, 2018 - 2030 (USD Billion)
Fig. 11 White oil supply statistics, 2018 - 2030 (Kilo Tons)
Fig. 12 White oil market Porter’s analysis
Fig. 13 White oil market PESTEL analysis
Fig. 14 White oil market: application movement analysis
Fig. 15 Regional market place: Key takeaways
Fig. 16 Regional outlook, 2021 & 2030
Fig. 17 Strategy mapping of key market players

Companies Mentioned

  • British Petroleum
  • Renkert Oil, Inc.
  • ExxonMobil Corporation
  • JX Nippon Oil & Energy Corporation
  • Nynas AB
  • Petro-Canada
  • Royal Dutch Shell N.V.
  • Sasol
  • Seojin Chemical Co., Ltd.
  • Sinopec Corporation
  • Sonneborn, Inc.

Methodology

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Table Information

Report AttributeDetails
No. of Pages109
PublishedMay 2022
Forecast Period2021 - 2030
Estimated Market Value ( USD ) in 2021 $ 2 Billion
Forecasted Market Value ( USD ) by 2030 $ 3 Billion
Compound Annual Growth Rate4.2%
Regions CoveredGlobal
No. of Companies Mentioned11

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