The global White Oil market stood around 5814 thousand tonnes in 2024 and is expected to grow at a CAGR of 5.30% during the forecast period until 2035. In March 2021, Hainan Handi Sunshine Petrochemical announced that they will begin running tests on a brand-new unit situated in South China in April 2021. This new plant will have an initial capacity of 700,000 tonnes per year and will include white oils and diesel.Ìý
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White Oil is synthesized from paraffinic crude and naphthenic feedstock.Ìý White oil is a colorless mineral oil with interesting properties such as high stability, low oxidation rate, high stability, low odor, due to which it grasps interest of numerous industries such as the pharmaceutical and cosmetic industry. The applications of White Oil include cold creams, varnishes, baby oil, makeup removers, and spray tan.Ìý cleansing cream, lubricants, emollients, and more. Its application in the medicinal industry is due to its excellent miscibility property and employed as ointment base. Moreover, its mixing property with other polymers drives its application to manufacture chemicals.Ìý
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The primary market driving factor for the growth of White Oil market is the growing demand of personal care products, cosmetics, and pharmaceuticals in the forecast period. In 2024, the personal care products and cosmetics industry consumed about 41% of the global White Oil market and are anticipated to dominate the market. The demand for items where white oil is utilized, including the vehicle, medical, fabric, food and beverage, and chemical sectors will increase with the gradual increase of global population, propelling the demand White Oil in the forecast period. Besides, the growing demand of White Oil by the Textile industry will also result in the expansion of the White Oil market due to its growing use as a lubricant.Ìý
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Based on region, Asia Pacific is dominating across all the regions around the globe and is expected to further grow in the forecast period. Growing demand of personal care items, cosmetics, and pharmaceuticals due to growing population is anticipated to swell the White Oil demand in the forecast period. Meanwhile, North America stands as another leading consumer with the White Oil demand to further grow in the forecast period.Ìý
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Based on the end-user industry, the global White Oil market is segmented into Consumer Products, Pharmaceuticals, Adhesives, Plastics & Polymers, and others. Consumer products is the largest driver of the white oil market. White Oil is an ingredient in various skincare and cosmetic formulations. White oils are frequently used in practically all cosmetic and personal care products such as lip balm, skincare, baby oil, and emollients. Furthermore, it is expected that the Pharmaceutical Sector, another significant consumer of White Oil global market, will also exponentially expand in the forecast period.Ìý
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Major producers in the production of Global White Oil market are China Petroleum & Chemical Corp., Saudi Aramco Base Oil Company – Luberef, Weifang Shida Changsheng Energy Technology Co., Ltd., Hainan Handi Sunshine Petrochemical, S-Oil Corporation, Shandong Kaitai Petrochemical Co., Ltd., Gandhar Oil Refinery Limited, and others.Ìý
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Years considered for this report:
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Historical Period: 2015- 2023
Base Year: 2024
Estimated Year: 2025
Forecast Period: 2026-2035
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This report will be delivered on an online digital platform with one-year subscription and quarterly update.
Objective of the Study:Ìý
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• To assess the demand-supply scenario of White Oil which covers production, demand and supply of White OilÌý Ìýmarket in the globe.
• To analyse and forecast the market size of White OilÌý Ìý
• To classify and forecast Global White Oil market based on end-use and regional distribution.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., of White Oil market in the globe.
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To extract data for Global White Oil market, primary research surveys were conducted with White Oil manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ¹û½´ÊÓÆµ was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ¹û½´ÊÓÆµ analyzed various segments and projected a positive outlook for Global White Oil market over the coming years.Ìý
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¹û½´ÊÓÆµ calculated White Oil demand in the globe by analyzing the historical data and demand forecast which was carried out considering the historical extraction and supply and demand of White Oil across the globe. ¹û½´ÊÓÆµ sourced these values from industry experts, and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ¹û½´ÊÓÆµ.Ìý
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Key Target Audience:
• White Oil manufacturers and other stakeholders
• Organizations, forums and alliances related to White Oil distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
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The study is useful in providing answers to several critical questions that are important for industry stakeholders such as White Oil manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
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Report Scope:
In this report, Global White Oil market has been segmented into following categories, in addition to the industry trends which have also been detailed below:Ìý
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Attribute
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Details
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Market size Volume in 2024
5814 thousand tonnes
Market size Volume by 2035
10225 thousand tonnes
Growth Rate
CAGR of 4.36% from 2025 to 2035
Base year for estimation
2025
Historic Data
2015Ìý– 2024
Forecast period
2026 – 2035
Quantitative units
Demand in thousand tonnes and CAGR from 2025 to 2035
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Report coverage
Capacity By Company, Capacity by Location, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share
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Segments covered
By End-Use: (Consumer Products, Pharmaceuticals, Adhesives, Plastics & Polymers, and others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
Asia Pacific, North America, Europe, Middle East and Africa, and South America.
With the given market data, ¹û½´ÊÓÆµ offers customizations according to a company’s specific needs.
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In case you do not find what, you are looking for, please get in touch with our custom research team at sales@chemanalyst.com
Market Data & Insights
Table of Content
1. Capacity By CompanyÌý
On our online platform, youÌýcan stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for White Oil.
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2. Capacity By LocationÌý
To better understand the regional supply of White Oil by analyzing its manufacturers' location-based capacity.
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3. Production By CompanyÌý
Study the historical annual production of White Oil by the leading players and forecast how it will grow in the coming years.
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4. Demand by End- UseÌý
Discover which end-user industry (Consumer Products, Pharmaceuticals, Adhesives, Plastics & Polymers, and others) are creating a market and the forecast for the growth of the White Oil market.Ìý
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5. Demand by Region
Analyzing the change in demand of White Oil in different regions, i.e., Asia Pacific, North America, Europe, the Middle East and Africa, and South America, that can direct you in mapping the regional demand.Ìý
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6. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell White Oil. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
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7. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of White Oil.
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8. Company Share
Figure out what proportion of the market share of White Oil is currently held by leading players across the globe.Ìý
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Member - Board of Directors
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Disruption Tracker
Disruption Tracker reflect the major shutdown on monthly basis which will help you in
tracking the inventory management and smooth functioning of business. Unforeseen shutdowns and disruptions
resulting in a loss of production capacity to impact the bottom line. The capacity tracker provides industries
with a global view of production and consumption capacity loss that reflects the corresponding conversion factors.
It also highlights the immediate impact on supply due to planned and unplanned outages as well as upcoming start-up
of new capacities. Additionally, it emphasizes how each shutdown—whether due to a maintenance turnaround or a case
of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight
into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
What are the major end-use industries utilizing White Oil?
Ans:
White Oil demand is majorly driven by the Personal Care & Cosmetics, Pharmaceuticals, Food Industry, Textile, Plastics & Polymers, as the leading end-use industries.Ìý
Q2.
What is the expected market value of the global White Oil by 2024?
Ans:
It is expected that the market value of the global White Oil will reach approximately USD 6.5 billion by 2024.Ìý
Q3.
Do you offer single or multiuser license?
Ans:
Online Access 12 Months – Single User License (Up to 3 users can access the database)
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Online Access 12 Months – Enterprise License (Up to 10 Users can access the database)
Q4.
Will I get access to the analyst who authored this report?
Ans:
You will have 24/7 access to the analyst during the subscription period.
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