According to a new market research report “White Oil Market Size, Share, Growth & Trends Analysis Report By Application (Adhesives, Agriculture, Food, Pharmaceutical, Personal Care, Textile, Polymers, Others), Product (Light Paraffinic, Heavy Paraffinic, Naphthenic), Grade (65/75 (ISO VG 10/15), 50/60 (ISO VG 7), 200/215 (ISO VG 32/46), 80/90 (ISO VG 15), 340/365 (ISO VG 68), Viscosity (Low, Medium, High)
The white oil market is expected to be growing at a growth rate of 3.84% in the forecast period of 2021 to 2028. The white oil market report analyses the growth, which is currently being growing due to the rising demand for specialty petrochemicals and refined oil products.
White oil is a mineral lubricant that is utilized as a blending base for the pharmaceutical and cosmetic products. White oils are commonly recognized as a class of highly refined and versatile mineral oils and are generally produced from paraffinic or naphthenic base-stocks from the refineries. White oils have excellent storage life, and they also do not change color over time.
The white oil market is segmented on the basis of application, product, grade and viscosity. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
Based on the application, the white oil market is segmented into adhesives, agriculture, food, pharmaceutical, personal care, textile, polymers, others.
Based on the product, the white oil market is segmented into light paraffinic, heavy paraffinic, naphthenic.
Based on the grade, the white oil market is segmented into 65/75 (ISO VG 10/15), 50/60 (ISO VG 7), 200/215 (ISO VG 32/46), 80/90 (ISO VG 15), 340/365 (ISO VG 68.
Based on the viscosity, the white oil market is segmented into low, medium, high.
Growth in the awareness about the benefits of cotton White Oils
Increasing demand for first aid kids
Rising research and development opportunities
The major players covered in the white oil market report are Calumet Specialty Products Partners, L.P., Chevron Corporation., Exxon Mobil Corporation., SEOJINCORP.CO.LTD., Royal Dutch Shell plc, FUCHS, H&R GROUP, savita.com, Panama Petrochem Ltd., Apar Industries, C.J. Robinson Co Inc, Morris Lubricants, Petroliam Nasional Berhad, Raj Petro Specialities Pvt. Ltd., Kerax Limited, Petro‐Canada Lubricants Inc., LubLine, Sonneborn LLC., Sasol LimitedJX Nippon & Energy Exploration Corporation, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Some of the key questions answered in this report:
What is the global (North America, Europe, Asia-Pacific, South America, Middle East & Africa) sales value, production value, consumption value, import and export of White Oil?
Who are the global key manufacturers of the White Oil Market? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
What are the Global White Oil Market opportunities and threats faced by the vendors in the global White Oil Industry?
Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
What focused approach and constraints are holding the White Oil market?
What are the different sales, marketing, and distribution channels in the global industry?