Press release
White oil market to witness substantial gains from pharmaceutical applications, APAC to be a major revenue pocket
Crude oil usage largely varies by product with wide range of composition including paraffin, carbon and hydrogen. Light petroleum, producing higher yield of gasoline observed greater demand in recent years. Fluctuating petroleum prices due to financial instability will influence the industry growth. Huge petroleum concentration in MEA and high shipping costs are also major factors impacting price trends.
Request for a sample copy of this research report @ https://www.gminsights.com/request-sample/detail/1192
White Oil Market size will exceed USD 2 billion by 2024, translating in volume of over 2,000 kilo tons; according to a new research report by Global Market Insights, Inc.
Increasing white oil consumption as lubricator, moisturizer and insulator in cosmetics, pharmaceutical and textile industries will propel the industry growth. Continuing growth of cosmetics including sunscreens, emollient creams, suntans lotions, cleansers, makeup & hair care products will provide new opportunities for the industry. Advancement in production process enables complete removal of dust particles, improving its purity, odorless and tasteless properties, which enhances white oil market penetration in various end use industries.
Strong application outlook in food, adhesives, paper, bakery, precision machinery, cement, wood and textile industries will surge the revenue growth. Increased product usage in consumer goods including food packaging, coating on vegetables, animal food and medications will drive white oil market demand size. Technical grade white oil approved by the FDA are used in the food & beverage applications.
Personal care & cosmetics white oil market is set to observe growth exceeding 2.5% up to 2024. Rising demand for pure, durable and consistent products along with growing consumer spending has enhanced the industry growth. High consumption in bath & baby oil, lotions, creams and emollients are the supporting factors of the product development.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1192
Global white oil market will witness significant gains from food industry in the forecast period. Rising food grade product scope in sugar refining, egg shell sealants and animal feed has encouraged the business demand. Increased product usage in lubes, wrappers, filling & packaging equipment are the driving factors of the product penetration.
White oil is used in manufacturing medical devices, laxatives, ointments and various excipients in healthcare industry. Prevalence of disease and demographic rise in APAC is expected to initiate the pharmaceuticals market demand in China and India.
Rapid industrialization and urbanization particularly in the emerging countries have supported the product development. High product usage as hydraulic fluids and gear lubricants in industrial applications including compressors, machinery, vats and tanks will further favour white oil market growth.
Plastics & polymers dominates the white oil market share, accounted for over 50% in 2015.
Surging demand for PVC lubricants, extenders, plastic annealing, thermoplastic elastomers, rubber and catalyst carriers are he stimulating factors of business demand. Moreover, mold release agents and extrusion aids are extensively used in the polymer production.
Economic uncertainty and fluctuating petroleum prices are the major factors restraining the industry growth. Strict government guidelines on the manufacture and consumption of the product especially in developed nations are probable to act as limitation in the next years.
Asia Pacific led by China, India and Taiwan accounted for more than 60% of the overall white oil market consumption. Expansion in textile, agriculture and cement industry will enhance the revenue growth in this region.
U.S. will witness a significant market growth at over 4.5%, with strong consumption in protective diluents, emollients, moisturizers, baby care and hair care products will propel the regional demand. Regulatory compliance accompanied by product innovations particularly in healthcare industry will surge the white oil market growth.
MEA white oil market will witness growth over 2.5% by 2024. Technological advancement in production process accompanied by substantial petroleum reserves will drive the regional demand size. Changing consumer tastes along with increased cosmetics and personal care product consumption has also enhanced regional product penetration.
More Information @ https://www.fractovia.org/news/industry-research-report/white-oil-market
Chapter 4. White Oil Market, By Application
4.1. Global white oil industry share by application, 2015 & 2024
4.2. Plastic & polymer
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013 – 2024
4.3. Pharmaceuticals
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 – 2024
4.4. Personal Care & Cosmetics
4.4.1. Market estimates and forecast, 2013 - 2024
4.4.2. Market estimates and forecast, by region, 2013 – 2024
4.5. Food Industry
4.5.1. Market estimates and forecast, 2013 - 2024
4.5.2. Market estimates and forecast, by region, 2013 – 2024
4.6. Textile
4.6.1. Market estimates and forecast, 2013 - 2024
4.6.2. Market estimates and forecast, by region, 2013 – 2024
4.7. Others (Adhesives, housecleaners, baking, stainless steel cleaner, agriculture)
4.7.1. Market estimates and forecast, 2013 - 2024
4.7.2. Market estimates and forecast, by region, 2013 – 2024
Browse Full TOC @ https://www.gminsights.com/toc/detail/white-oil-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://algosonline.com/news
Connect with us: Facebook | Google+ | LinkedIn | Twitter
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 White oil market to witness substantial gains from pharmaceutical applications, APAC to be a major revenue pocket here
News-ID: 969591 • Views: …
More Releases from Global Market Insights, Inc.
Hepatitis B Vaccine Market Set to Surpass $12 Billion by 2034
The global hepatitis B vaccine market is poised for significant expansion over the next decade, fueled by rising liver disease cases, expanded immunization coverage, and advancements in vaccine development. Valued at USD 6.7 billion in 2024, the market is projected to reach USD 7.3 billion in 2025 and surge to USD 12 billion by 2034, reflecting a healthy compound annual growth rate (CAGR) of 5.7%.
A major driver behind this growth…
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
More Releases for White
White Chocolate Market Segmented By, Candies, White Chocolate Coating Nuts, and …
The demand for white chocolate is increasing considerably due to its varied use in several applications, but is utilized in food and beverage industry on a large scale. Exceptional oil-based color is being combined with white chocolate for the purpose of making different confectionery foods such as modelling paste, icing, etc. Furthermore, white chocolate has major usage in the cosmetics industry for manufacturing nail enamel, oil and wax. The global…
Masonry White Cement Market is Going to Boom | LafargeHolcim, Federal White Ceme …
Latest Study on Industrial Growth of Global Masonry White Cement Market 2021-2027. A detailed study accumulated to offer Latest insights about acute features of the Masonry White Cement market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future…
White Cement Market Upto 2025 By The Top Players : Union Corporation, CBR Heidel …
The White Cement Market is continuously growing in the global scenario at significant pace. White cement is typically used in combination with white aggregates to produce white concrete for decorative work and prestige construction projects. White cement allows a wide range of color options for producing structural and architectural concrete as well as masonry and cementitious building project. Increasing demand from construction activities and rising applications of white cement for…
Masonry White Cement Market 2025 Growth, Trends, Size & Forecasts| Cementir Hold …
Get Free sample at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1927313
The market research report, Masonry White Cement market has been prepared based on a deep market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this Global market.
This report researches the worldwide Masonry White Cement market size (value, capacity, production and consumption)…
White Cement Market By Top Players : Birla White (UltraTech), Cementir Holding, …
Industry Overview of White Cement Market :
According to a new report published by Reports Monitor titled, “Global White Cement Market, Growth Opportunities, Innovations, and Forecast, 2018-2025,” the global White Cement Market is growing rapidly from 2018 to 2025.
White cement is a white colour construction material having properties like aesthetic, decorative and hydraulic binding. It is as durable and strong as grey cement; however, it differs in its colour and fineness. The applications of white cement…
Global White Masonry Cement Market 2017 - Cementir Holding, LafargeHolcim, Feder …
Global White Masonry Cement Market 2017, presents a professional and in-depth study on the current state of the White Masonry Cement market globally, providing basic overview of White Masonry Cement market including definitions, classifications, applications and industry chain structure, White Masonry Cement Market report provides development policies and plans are discussed as well as manufacturing processes and cost structures. White Masonry Cement market size, share and end users are analyzed…
