White Oil Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Application (Personal Care & Cosmetics, Pharmaceuticals, Food & Beverage, Others), By Region and Competition
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationWhite Oil Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Application (Personal Care & Cosmetics, Pharmaceuticals, Food & Beverage, Others), By Region and Competition
As per the report published by India Brand Equity Foundation, the pharmaceutical sector is expected to reach $372 billion by 2022, driven by rise in healthcare and increasing income.
White oils are mineral oils made non-toxic, colorless, odorless, stable, and pure after excessive refining. They are growing as one of the key ingredients in making of various moisturizers and lotions which have their application in cosmetics and other personal care products including baby cream, suntan lotions, make up removers and many more. Other names for white oil which are generally used in the market are liquid paraffin, paraffin oil, liquid petroleum, and
Development in Pharmaceutical and Cosmetics Industry
According to American Academy of Dermatology Association, it has been reported that almost 50 million Americans are affected by acne every year. Among them approximately 85 percent of people are of 12-24 years age group and 15 percent of adult women are suffering from severe acne conditions.
Rapidly Growing Food and Beverage Industry
Development of healthy eating habits among people all over the world has increased the utility of packaged food items. White oil is applied on the food packets to soften the polymeric packaging material and can be used in bakery pan oils and food grade lubricants. Additionally, several studies on the use of white oil in food packaging have shown that it increases the food's storage life and preserves the freshness of various food products, including fruits, vegetables, poultry, meats, and fish. Improvement in appearance and shelf life of food after using white oil during its packaging have attracted many key players of packed food industry in recent times which is expected to bolster the growth of Global White Oil Market in the forecast period.
Increasing Demand in Agricultural Industry
5-year-old citrus trees were infested by the citrus leafminer. Phyllocnistis citrella Stainton was sprayed along with petroleum oils and imidacloprid, chlorpyrifos, and abamectin with different concentration of insecticide added in 100 liters of water (0.1–0.9% v/v) ranging from 100 to 900ml. As a result, considerable damage reduction was observed despite of the insecticide used but the obtained results were comparable only when oils were applied at a rate of ≥ 0.65% v/v in water.
Development in Textile Industry
Use of white oil plays a major role in textile industry as it behaves as a fiber lubricant and can be used as an oil for sewing machine and yarn lubrication. Moreover, it provides the oxidative stability to the materials which decreases the chances of staining, helping further in pulverization of cotton bales and manufacturing of wool which can further boost the growth of Global White Oil Market in upcoming years.
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Market Segmentation
Global White Oil Market is segmented based on application, company, and region. In terms of application, the White Oil Market is categorized into
Market Players
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|
Attribute |
Details |
|
Base Year |
2022 |
|
Historic Data |
2018 – 2021 |
|
Estimated Year |
2023 |
|
Forecast Period |
2018 – 2028F |
|
Quantitative Units |
Revenue in USD Million, Volume in tons and
CAGR for 2018-2022 and 2023-2028 |
|
Report coverage |
Revenue
forecast, Volume forecast, company share, competitive landscape, growth
factors, and trends |
|
Segments covered |
Application |
|
Regional scope |
North America;
Asia Pacific; Europe; South America; Middle East & Africa |
|
Country scope |
United States; Canada; Mexico; China;
India; Japan; Australia; South Korea; Germany; France; United Kingdom; Spain;
Italy; Brazil; Argentina; Colombia; South Africa; UAE; Saudi Arabia; |
|
Key companies
profiled |
China Petroleum
& Chemical Corporation, ExxonMobil Corporation, Renkert Oil, Inc., BP
p.l.c., Petro-Canada Corporation, S-Oil Corporation, Sasol Limited, Nynas AB,
JX Nippon Oil & Energy Corporation, Royal Dutch Shell NV |
|
Customization scope |
10% free report customization with
purchase. Addition or alteration to country, regional & segment scope. |
|
Pricing and
purchase options |
Avail
customized purchase options to meet your exact research needs. Explore purchase options |
|
Delivery Format |
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request) |
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