openPR Logo
Press release

Petroleum Jelly Market to Reach USD 1.56 Billion by 2030 with a Steady CAGR of 4.26%

01-16-2025 02:03 PM CET | Energy & Environment

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Petroleum Jelly Market

Petroleum Jelly Market

Petroleum Jelly Market Overview

The global petroleum jelly market is gaining significant momentum, driven by diverse applications across industries such as cosmetics, pharmaceuticals, and industrial sectors. With increasing investments and technological advancements, the market is set to achieve remarkable growth. This press release delves into detailed market statistics, including CAGR, size, country-specific insights, mergers and acquisitions, and recent developments, providing a comprehensive overview of the market.

The global petroleum jelly market was valued at USD XX billion in 2023 and is projected to reach USD XX billion by 2030, growing at a CAGR of XX% during the forecast period. The rising demand for skincare and pharmaceutical products is a key driver, along with advancements in industrial applications. The market is witnessing significant developments across regions such as Vietnam, Thailand, Japan, China, South Korea, Singapore, the US, and Europe.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/71870/

Growth Opportunities in Vietnam
Vietnam's petroleum jelly market is experiencing steady growth, supported by expanding pharmaceutical and cosmetics sectors. Major local players are investing in production capacities to cater to rising domestic demand. Unilever and Johnson & Johnson have strengthened their market presence through strategic partnerships.

Key Trends:

Growing consumer preference for skincare products.

Increasing pharmaceutical exports.

Recent Developments:

Collaborations between local manufacturers and global brands.

Investment in R&D for eco-friendly production methods.

Opportunity Growth in Thailand
Thailand's robust pharmaceutical industry is a cornerstone of the petroleum jelly market. With the government's push for industrial modernization, the market is expected to witness significant advancements.

Trends:

Rising demand for organic and natural-based petroleum jelly.

Innovations in packaging and product formulations.

Consolidation:

Acquisitions by Beiersdorf AG to enhance regional capabilities.

Updation:

Launch of eco-friendly petroleum jelly variants by local firms.

Trends in Japan
Japan remains a leader in technological innovation, with the petroleum jelly market focusing on high-quality pharmaceutical-grade products. The demand for anti-aging skincare solutions is a key growth factor.

Growth Drivers:

Rising aging population demanding skincare solutions.

High export potential for pharmaceutical-grade petroleum jelly.

Recent Developments:

Collaborations between Shiseido and local distributors.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/71870/

Consolidation in China
China's petroleum jelly market is rapidly expanding, with strong industrial and cosmetic applications. The presence of major players like Sinopec ensures steady market growth.

Trends:

Technological advancements in production.

Government initiatives to support industrial applications.

Mergers and Acquisitions:

Acquisitions of local firms by Liaoning North Industry Group to strengthen domestic supply chains.

Updation in South Korea
South Korea's market is driven by its dynamic cosmetics industry, with a focus on exporting to neighboring countries. Amorepacific leads the market with innovative product launches.

Trends:

Increasing demand for multipurpose petroleum jelly.

Growth in e-commerce sales.

Recent Developments:

Introduction of travel-sized variants by leading brands.

Growth Opportunities in Singapore
Singapore's strategic location as a trade hub supports the petroleum jelly market, with a strong emphasis on re-exports to neighboring countries.

Key Developments:

Partnerships between local distributors and multinational companies.

Mergers and Acquisitions:

Acquisition of Paxchem by a local consortium.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/71870/ ๏ปฟ

Trends in the US
The US petroleum jelly market is highly mature, with strong competition among major players such as Procter & Gamble and Unilever.

Growth Drivers:

Rising demand for premium skincare products.

Advances in pharmaceutical applications.

Recent Developments:

Introduction of organic variants by leading brands.

Consolidation in Europe
Europe's petroleum jelly market is characterized by stringent regulations, driving innovation in eco-friendly and sustainable products.

Key Trends:

Focus on sustainable and biodegradable petroleum jelly.

Increasing use in industrial lubricants.

Mergers and Acquisitions:

Acquisition of smaller firms by Beiersdorf AG and Royal Dutch Shell to enhance market presence.

๐…๐จ๐ซ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐จ๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ, ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐:https://www.maximizemarketresearch.com/market-report/petroleum-jelly-market/71870/

Petroleum Jelly Market Segmentation

by Grade
Pharmaceutical Grade
Cosmetic Grade
Industrial Grade

by End-Use Industry
Pharmaceutical
Cosmetics and Personal care
Shipping
Leather
Telecommunication
Others

Petroleum Jelly Market Key Players

1. Unilever
2. Sonneborn LLC
3. Sasol
4. Raj Petro
5. Eastern Petroleum
6. Persia Paraffin
7. Sovereign Chemicals and Cosmetics
8. Unisynth Group
9. Shimi Taghtiran Company
10. Brenntag AG

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐–๐ก๐š๐ญ'๐ฌ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐ :

โ™ฆ Biochar Market https://www.maximizemarketresearch.com/market-report/biochar-market/11779/

โ™ฆ Ductless Hvac System Market https://www.maximizemarketresearch.com/market-report/global-ductless-hvac-system-market/28305/

โ™ฆ Smart Meters Market https://www.maximizemarketresearch.com/market-report/global-smart-meters-market/21336/

โ™ฆ Synthetic Fuel Market https://www.maximizemarketresearch.com/market-report/global-synthetic-fuel-market/74378/

โ™ฆ Turbines Market https://www.maximizemarketresearch.com/market-report/global-turbines-market/148221/

โ™ฆ Wood Chips Market https://www.maximizemarketresearch.com/market-report/global-wood-chips-market/115358/

โ™ฆ Grid-forming Inverter Market https://www.maximizemarketresearch.com/market-report/grid-forming-inverter-market/237307/

โ™ฆ Stationary Generators Market https://www.maximizemarketresearch.com/market-report/stationary-generators-market/146999/

โ™ฆ Wind Turbine Forging Market: https://www.maximizemarketresearch.com/market-report/wind-turbine-forging-market/219987/

โ™ฆ Global Electrical Submersible Pumps Market https://www.maximizemarketresearch.com/market-report/global-electrical-submersible-pumps-market/30502/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Petroleum Jelly Market to Reach USD 1.56 Billion by 2030 with a Steady CAGR of 4.26% here

News-ID: 3818504 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Infrared LED Market Set for Rapid Growth, Reaching USD 1.64 Billion by 2032
Infrared LED Market Set for Rapid Growth, Reaching USD 1.64 Billion by 2032
Infrared LED Market size was valued at USD 749.33 Mn 2024 and is expected to reach USD 1,640.45 Mn by 2032, at a CAGR of 10.29% Infrared LED Market Overview: The infrared (IR) LED market has witnessed remarkable growth due to its critical applications across diverse industries such as consumer electronics, automotive, healthcare, and security. Infrared LEDs emit light in the infrared spectrum, enabling functionalities like remote sensing, night vision, gesture recognition,โ€ฆ
Millet Based Packaged Food Market to Surge from USD 47.95 Million to USD 104.30 Million by 2032 at 10.2 % CAGR - Millet Food Forecast Signals Robust Demand
Millet Based Packaged Food Market to Surge from USD 47.95 Million to USD 104.30 โ€ฆ
According to a new report by Maximize Market Research, the global Millet Based Packaged Food Market was valued at USD 47.95 million in 2024 and is projected to reach approximately USD 104.30 million by 2032, growing at a compound annual growth rate (CAGR) of 10.2 % during 2025-2032. The growth is attributed to increased consumer preference for nutritious, gluten-free and convenient foods, particularly in Asia-Pacific and North American regions. โ–บ Getโ€ฆ
Millet Based Packaged Food Market to Surge from USD 47.95 Million to USD 104.30 Million by 2032 at 10.2 % CAGR - Millet Food Forecast Signals Robust Demand
Millet Based Packaged Food Market to Surge from USD 47.95 Million to USD 104.30 โ€ฆ
According to a new report by Maximize Market Research, the global Millet Based Packaged Food Market was valued at USD 47.95 million in 2024 and is projected to reach approximately USD 104.30 million by 2032, growing at a compound annual growth rate (CAGR) of 10.2 % during 2025-2032. The growth is attributed to increased consumer preference for nutritious, gluten-free and convenient foods, particularly in Asia-Pacific and North American regions. โ–บ Getโ€ฆ
Agricultural Robots Market to Soar from USD 15.67 B in 2024 to ~USD 88.15 B by 2032 at 24.1% CAGR - Driven by Precision Farming Demand
Agricultural Robots Market to Soar from USD 15.67 B in 2024 to ~USD 88.15 B by 2 โ€ฆ
According to a new report by Maximize Market Research, the global agricultural robots market was valued at USD 15.67 billion in 2024 and is projected to reach approximately USD 88.15 billion by 2032, growing at a compound annual growth rate (CAGR) of 24.1 %. The expansion reflects accelerating adoption across North America, Europe, and Asia amid rising demand for automation in farming operations. โ–บ Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/34593/ โ™ฆ Keyโ€ฆ

All 5 Releases


More Releases for Petro

Art Zurich features Petro Art Production
In this exhibition Petro Art Production presents Biljana Bakaluca, Master of Fine Arts from Serbia, the internationally renowned sculptor Julien Beaucourt from France, the Dutch multimedia artist Sanne van Bussel, Darius Ilisei, Master of Fine Arts from Romania, the Serbian academic sculptor Predrag Iniฤ‡, the multi-award winning Romanian painter and sculptor Robert Luca and the Serbian artist Zvonimir Vidiฤ‡, a well-known painter, ceramicist and award-winning artist of graphic novelist. Due toโ€ฆ
Gas to Liquids Market Is Booming Worldwide with Petro, Sasol, Velocys
The "Global Gas to Liquids" intelligence report, just published by USD Analytics, covers insurers' micro-level study of important market niches, product offers, and sales channels. In order to determine market size, potential, growth trends, and competitive environment, the Global Gas to Liquids provides dynamic views. Both primary and secondary sources of data were used to generate the research, which has both qualitative and quantitative depth. Several of the major figuresโ€ฆ
Oil and Gas Software Market to Eyewitness Massive Growth | FieldCap, iLandMan, P โ€ฆ
Advance Market Analytics published a new research publication on "Global Oil and Gas Software Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Oil and Gas Software Market was mainly driven by the increasing R&D spending across the world. Major players profiledโ€ฆ
Annular Blowout Preventer (BOP) Market | Cameron, Control Flow, Fountain Petro, โ€ฆ
The global annular blowout preventer (bop) market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the annular blowout preventer (bop) market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants. From the perspective of market dynamics, this report explores the factors drivingโ€ฆ
White Oil Market 2023 Research Analysis - Nynas AB, Petro-Canada
Global White Oil market report is a well-conceived and accurately delivered market intelligence report depicting crucial elements across the current and historic market states that play a crucial role in influencing unfaltering forecast and predictions in the White Oil market. The report is so designed to address the crucial facets of the market such as market dimensions and size, market trends, investment strategies, pricing structure and driver specific analytical review thatโ€ฆ
White Oil Market | Sinopec Corporation, Sonneborn, Inc., British Petroleum, Petr โ€ฆ
Global White Oil Market: Overview The rising application of white oil across diverse segment is the chief driver of the global white oil market. Steady growth is predicted for the market in the forthcoming years as white oil applications in personal care, pharmaceuticals, and polymers report increase. Besides this, the product is consumed extensively as a base ingredient in the processing of thermoplastics elastomers, personal care formulations, and medicines. Personalโ€ฆ