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White Oil Market 2019 With Calumet Specialty Products Partners, Royal Dutch Shell, Chevron, Exxon Mobil Corporation, Total, FUCHS, Apar Industries, savita.com, H&R GROUP, Panama Petrochem Ltd
White Oil Market
A team of innovative analysts, passionate forecasters, knowledgeable researchers and experienced industry experts work keenly and 24*7 to produce this most excellent white oil market report. It is an essential document for every market enthusiast, policymaker, investor, and market player. This market report endows clients with the information on their business scenario with which they can build business strategies to thrive in the white oil market. You can confidently trust on the information offered in this market research report as it is derived only from the valuable and genuine resources. The white oil report is provided with full commitment by assuring the best possible service depending upon business requirements.
Global white oil market is set to witness a stable CAGR of 4.45% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising demand of white oil in cosmetic industry and pharmaceutical industry due to its superior blending characteristic are the factors fuelling the growth of this market.
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White oil is those mineral oils which are colorless, odourless and tasteless in nature. They are widely used for the preparation of cosmetics, pharmaceutical and medicines. This white oil is usually made from different feedstocks and depending upon those different processes are used. They are widely used industries such as food, personal care, polymers, textile, among others. They are usually formed by the refining of paraffinic and naphthenic crude oil feedstock. Increasing demand for packed food among population is also fuelling the growth of this market.
Key Market Competitors: Global White Oil Market
Few of the major competitors currently working in the global white oil market are Calumet Specialty Products Partners, L.P., Chevron Limited., Exxon Mobil Corporation, Total, Royal Dutch Shell, FUCHS, H&R GROUP, savita.com, Panama Petrochem Ltd, Apar Industries Ltd., C J Robinson Co Inc, Morris Lubricants, Petroliam Nasional Berhad, Raj Petro Specialities Pvt. Ltd., Kerax Limited, Petro‐Canada Lubricants Inc., Lub Line, Sonneborn LLC.
Market Drivers:
· Rising demand for packed food among population will drive the market
· Increasing prevalence for personal care products among population will propel market
· Increasing research and development activities on white oils will also enhance market growth
· Rising disposable income will also accelerate the growth of this market
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Segmentation: Global White Oil Market
By Application
· Adhesives
· Agriculture
· Food
· Pharmaceutical
· Personal Care
· Textile
· Polymers
· Others
By Product
· Light Paraffinic
· Heavy Paraffinic
· Naphthenic
By 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)
By Geography
· North America
o US
o Canada
o Mexico
· South America
o Brazil
o Argentina
o Rest of South America
· Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe
· Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Malaysia
o Indonesia
o Thailand
o Philippines
o Rest of Asia-Pacific
· Middle East and Africa
o South Africa
o Egypt
o Saudi Arabia
o United Arab Emirates
o Israel
o Rest of Middle East and Africa
Key Developments in the Market:
· In November 2018, HollyFrontier Corp. announced that they have acquired Sonneborn US Holdings Inc. and Sonneborn Cooperatief UA. This acquisition will help the company to strengthen their position in the market and with new technologies they can advance their high- specialty products
· In July 2017, Indian Oil Corp. Ltd announced the launch of their Servo Whitepol which is white oil made from highly refined paraffinic base stocks. It is the first 100% Indian LLP which is made from base oil from IndianOil’s flagship Haldia refinery
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