Market Research Report
Global White Oil Market 2019-2025
|Global White Oil Market 2019-2025|
Published: May 12, 2019
Orion Market Research Pvt Ltd
Delivery time: 2-3 business days
Global White Oil Market Size, Share & Trends Analysis Report by End-Use (Plastics & Polymers, Personal Care & Cosmetics, Pharmaceuticals, Food Industry, and Others), and Forecast 2019 - 2025
The global white oil market is expected to grow at a significant rate. White oil is used in various industry verticals, such as personal care, pharmaceuticals, food and agriculture, and others. White oils are chemically and biologically stable, and it does not allow pathogenic bacterial growth which makes it a standard raw material in numerous industry verticals. White oil is being significantly used across various industry verticals, including manufacturing of personal care formulations and food packing materials.
The global white oil market is segmented on the basis of application into plastics & polymers, personal care & cosmetics, pharmaceuticals, food industry, and others. White oil has a major application in the personal care & cosmetic industry. White oil is used as an active ingredient during the processing of petroleum jellies, baby oils, moisturizing creams, cold creams, topical skincare body lotions, and hair care products; and increasing demand for these products create the demand for white oil and hence contribute to the segmental growth of the market. The global white oil market is further analyzed on the basis of different geographical regions, including North America, Europe, Asia-Pacific and RoW. Asia-Pacific is expected to contribute significantly to the growth of the market owing to the rising presence of major providers of personal care and cosmetic products in the region.
Further, the report covers the analysis of several players operating in the market. Some of the key vendors in the market include Sinopec Corp., Exxon Mobile Corp., Fuchs Petrolub SE, HollyFrontier Corp. and Nynas AB. These companies are focusing on developing safe and advanced mineral oil products to stay competitive in the global market. Mergers and acquisitions, and partnerships and collaborations are some of the strategies adopted by these players. For instance, in July 2018, Fuchs Petrolub SE acquired the lubricants business of Comercial Pacific Ltda., Chile to strengthen presence in South America.
The market study of the global white oil market is incorporated by extensive primary and secondary research conducted by a research team. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary Sources Include:
The report is intended for mineral oil manufacturers, suppliers and distributors, third-party distributors, contract manufacturers, personal care products providers, cosmetic industry, pharmaceutical industry, and other end-user industry, government agencies and regulatory bodies, and other market participant for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.
The Report Covers: