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White Oil-Global Market Insights and Sales Trends 2025
Synopsis
White Oil (sometimes also called Base Oil, White Mineral Oil, Liquid Paraffin Wax, Normal Paraffin, etc.) is a transparent, colourless, odourless, or almost odourless, oily liquid composed of saturated hydrocarbons came from petroleum, coal or natural gas etc. It is a complex composition of hydrocarbons and consists mainly of mixtures of straight-chain alkanes.
The global White Oil market size is expected to reach US$ 4055.5 million by 2029, growing at a CAGR of 2.9% from 2023 to 2029. The market is mainly driven by the significant applications of White Oil in various end use industries. The expanding demands from the Plastic & Polymer, Pharmaceuticals, Personal Care & Cosmetics and Food Industry, are propelling White Oil market. Chemical Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Food Grade segment is estimated at % CAGR for the next seven-year period.
Global White Oils key players include Sasol, Shell, Exxon Mobil, CNPC, Sinopec, etc. Global top five manufacturers hold a share about 40%. Asia-Pacific is the largest market, with a share about 50%, followed by Europe and North America, both have a share about 40 percent. In terms of product, Industrial Grade is the largest segment, with a share over 65%. And in terms of application, the largest application is Textile, followed by Solvent Oil.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for White Oil, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global White Oil market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global White Oil market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, White Oil sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of White Oil covered in this report include Sonneborn, ExxonMobil Fuels & Lubricants, Chevron, Royal Dutch Shell, Sinopec Corporation, Sasol, Renkert Oil, JX Nippon Oil & Energy Corporation and Suncor Energy, etc.
The global White Oil market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sonneborn
ExxonMobil Fuels & Lubricants
Chevron
Royal Dutch Shell
Sinopec Corporation
Sasol
Renkert Oil
JX Nippon Oil & Energy Corporation
Suncor Energy
Nynas AB
Seojin Chemical
Lubline
TOTAL
APAR INDUSTRIES
Panama Petrochem
Savita Chemicals
Eastern
Global White Oil market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global White Oil market, Segment by Type:
Chemical Grade
Food Grade
Cosmetic Grade
Global White Oil market, by Application
Plastic & Polymer
Pharmaceuticals
Personal Care & Cosmetics
Food Industry
Textile
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of White Oil manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of White Oil in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
White Oil (sometimes also called Base Oil, White Mineral Oil, Liquid Paraffin Wax, Normal Paraffin, etc.) is a transparent, colourless, odourless, or almost odourless, oily liquid composed of saturated hydrocarbons came from petroleum, coal or natural gas etc. It is a complex composition of hydrocarbons and consists mainly of mixtures of straight-chain alkanes.
The global White Oil market size is expected to reach US$ 4055.5 million by 2029, growing at a CAGR of 2.9% from 2023 to 2029. The market is mainly driven by the significant applications of White Oil in various end use industries. The expanding demands from the Plastic & Polymer, Pharmaceuticals, Personal Care & Cosmetics and Food Industry, are propelling White Oil market. Chemical Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Food Grade segment is estimated at % CAGR for the next seven-year period.
Global White Oils key players include Sasol, Shell, Exxon Mobil, CNPC, Sinopec, etc. Global top five manufacturers hold a share about 40%. Asia-Pacific is the largest market, with a share about 50%, followed by Europe and North America, both have a share about 40 percent. In terms of product, Industrial Grade is the largest segment, with a share over 65%. And in terms of application, the largest application is Textile, followed by Solvent Oil.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for White Oil, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global White Oil market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global White Oil market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, White Oil sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of White Oil covered in this report include Sonneborn, ExxonMobil Fuels & Lubricants, Chevron, Royal Dutch Shell, Sinopec Corporation, Sasol, Renkert Oil, JX Nippon Oil & Energy Corporation and Suncor Energy, etc.
The global White Oil market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sonneborn
ExxonMobil Fuels & Lubricants
Chevron
Royal Dutch Shell
Sinopec Corporation
Sasol
Renkert Oil
JX Nippon Oil & Energy Corporation
Suncor Energy
Nynas AB
Seojin Chemical
Lubline
TOTAL
APAR INDUSTRIES
Panama Petrochem
Savita Chemicals
Eastern
Global White Oil market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global White Oil market, Segment by Type:
Chemical Grade
Food Grade
Cosmetic Grade
Global White Oil market, by Application
Plastic & Polymer
Pharmaceuticals
Personal Care & Cosmetics
Food Industry
Textile
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of White Oil manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of White Oil in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 White Oil Market Overview
1.1 White Oil Product Overview
1.2 White Oil Market Segment by Type
1.2.1 Chemical Grade
1.2.2 Food Grade
1.2.3 Cosmetic Grade
1.3 Global White Oil Market Size by Type
1.3.1 Global White Oil Market Size Overview by Type (2018-2029)
1.3.2 Global White Oil Historic Market Size Review by Type (2018-2023)
1.3.3 Global White Oil Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America White Oil Sales Breakdown by Type (2018-2023)
1.4.2 Europe White Oil Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific White Oil Sales Breakdown by Type (2018-2023)
1.4.4 Latin America White Oil Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa White Oil Sales Breakdown by Type (2018-2023)
2 Global White Oil Market Competition by Company
2.1 Global Top Players by White Oil Sales (2018-2023)
2.2 Global Top Players by White Oil Revenue (2018-2023)
2.3 Global Top Players by White Oil Price (2018-2023)
2.4 Global Top Manufacturers White Oil Manufacturing Base Distribution, Sales Area, Product Type
2.5 White Oil Market Competitive Situation and Trends
2.5.1 White Oil Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by White Oil Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in White Oil as of 2022)
2.7 Date of Key Manufacturers Enter into White Oil Market
2.8 Key Manufacturers White Oil Product Offered
2.9 Mergers & Acquisitions, Expansion
3 White Oil Status and Outlook by Region
3.1 Global White Oil Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global White Oil Historic Market Size by Region
3.2.1 Global White Oil Sales in Volume by Region (2018-2023)
3.2.2 Global White Oil Sales in Value by Region (2018-2023)
3.2.3 Global White Oil Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global White Oil Forecasted Market Size by Region
3.3.1 Global White Oil Sales in Volume by Region (2024-2029)
3.3.2 Global White Oil Sales in Value by Region (2024-2029)
3.3.3 Global White Oil Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global White Oil by Application
4.1 White Oil Market Segment by Application
4.1.1 Plastic & Polymer
4.1.2 Pharmaceuticals
4.1.3 Personal Care & Cosmetics
4.1.4 Food Industry
4.1.5 Textile
4.2 Global White Oil Market Size by Application
4.2.1 Global White Oil Market Size Overview by Application (2018-2029)
4.2.2 Global White Oil Historic Market Size Review by Application (2018-2023)
4.2.3 Global White Oil Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America White Oil Sales Breakdown by Application (2018-2023)
4.3.2 Europe White Oil Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific White Oil Sales Breakdown by Application (2018-2023)
4.3.4 Latin America White Oil Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa White Oil Sales Breakdown by Application (2018-2023)
5 North America White Oil by Country
5.1 North America White Oil Historic Market Size by Country
5.1.1 North America White Oil Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America White Oil Sales in Volume by Country (2018-2023)
5.1.3 North America White Oil Sales in Value by Country (2018-2023)
5.2 North America White Oil Forecasted Market Size by Country
5.2.1 North America White Oil Sales in Volume by Country (2024-2029)
5.2.2 North America White Oil Sales in Value by Country (2024-2029)
6 Europe White Oil by Country
6.1 Europe White Oil Historic Market Size by Country
6.1.1 Europe White Oil Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe White Oil Sales in Volume by Country (2018-2023)
6.1.3 Europe White Oil Sales in Value by Country (2018-2023)
6.2 Europe White Oil Forecasted Market Size by Country
6.2.1 Europe White Oil Sales in Volume by Country (2024-2029)
6.2.2 Europe White Oil Sales in Value by Country (2024-2029)
7 Asia-Pacific White Oil by Region
7.1 Asia-Pacific White Oil Historic Market Size by Region
7.1.1 Asia-Pacific White Oil Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific White Oil Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific White Oil Sales in Value by Region (2018-2023)
7.2 Asia-Pacific White Oil Forecasted Market Size by Region
7.2.1 Asia-Pacific White Oil Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific White Oil Sales in Value by Region (2024-2029)
8 Latin America White Oil by Country
8.1 Latin America White Oil Historic Market Size by Country
8.1.1 Latin America White Oil Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America White Oil Sales in Volume by Country (2018-2023)
8.1.3 Latin America White Oil Sales in Value by Country (2018-2023)
8.2 Latin America White Oil Forecasted Market Size by Country
8.2.1 Latin America White Oil Sales in Volume by Country (2024-2029)
8.2.2 Latin America White Oil Sales in Value by Country (2024-2029)
9 Middle East and Africa White Oil by Country
9.1 Middle East and Africa White Oil Historic Market Size by Country
9.1.1 Middle East and Africa White Oil Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa White Oil Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa White Oil Sales in Value by Country (2018-2023)
9.2 Middle East and Africa White Oil Forecasted Market Size by Country
9.2.1 Middle East and Africa White Oil Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa White Oil Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Sonneborn
10.1.1 Sonneborn Company Information
10.1.2 Sonneborn Introduction and Business Overview
10.1.3 Sonneborn White Oil Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Sonneborn White Oil Products Offered
10.1.5 Sonneborn Recent Development
10.2 ExxonMobil Fuels & Lubricants
10.2.1 ExxonMobil Fuels & Lubricants Company Information
10.2.2 ExxonMobil Fuels & Lubricants Introduction and Business Overview
10.2.3 ExxonMobil Fuels & Lubricants White Oil Sales, Revenue and Gross Margin (2018-2023)
10.2.4 ExxonMobil Fuels & Lubricants White Oil Products Offered
10.2.5 ExxonMobil Fuels & Lubricants Recent Development
10.3 Chevron
10.3.1 Chevron Company Information
10.3.2 Chevron Introduction and Business Overview
10.3.3 Chevron White Oil Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Chevron White Oil Products Offered
10.3.5 Chevron Recent Development
10.4 Royal Dutch Shell
10.4.1 Royal Dutch Shell Company Information
10.4.2 Royal Dutch Shell Introduction and Business Overview
10.4.3 Royal Dutch Shell White Oil Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Royal Dutch Shell White Oil Products Offered
10.4.5 Royal Dutch Shell Recent Development
10.5 Sinopec Corporation
10.5.1 Sinopec Corporation Company Information
10.5.2 Sinopec Corporation Introduction and Business Overview
10.5.3 Sinopec Corporation White Oil Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Sinopec Corporation White Oil Products Offered
10.5.5 Sinopec Corporation Recent Development
10.6 Sasol
10.6.1 Sasol Company Information
10.6.2 Sasol Introduction and Business Overview
10.6.3 Sasol White Oil Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Sasol White Oil Products Offered
10.6.5 Sasol Recent Development
10.7 Renkert Oil
10.7.1 Renkert Oil Company Information
10.7.2 Renkert Oil Introduction and Business Overview
10.7.3 Renkert Oil White Oil Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Renkert Oil White Oil Products Offered
10.7.5 Renkert Oil Recent Development
10.8 JX Nippon Oil & Energy Corporation
10.8.1 JX Nippon Oil & Energy Corporation Company Information
10.8.2 JX Nippon Oil & Energy Corporation Introduction and Business Overview
10.8.3 JX Nippon Oil & Energy Corporation White Oil Sales, Revenue and Gross Margin (2018-2023)
10.8.4 JX Nippon Oil & Energy Corporation White Oil Products Offered
10.8.5 JX Nippon Oil & Energy Corporation Recent Development
10.9 Suncor Energy
10.9.1 Suncor Energy Company Information
10.9.2 Suncor Energy Introduction and Business Overview
10.9.3 Suncor Energy White Oil Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Suncor Energy White Oil Products Offered
10.9.5 Suncor Energy Recent Development
10.10 Nynas AB
10.10.1 Nynas AB Company Information
10.10.2 Nynas AB Introduction and Business Overview
10.10.3 Nynas AB White Oil Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Nynas AB White Oil Products Offered
10.10.5 Nynas AB Recent Development
10.11 Seojin Chemical
10.11.1 Seojin Chemical Company Information
10.11.2 Seojin Chemical Introduction and Business Overview
10.11.3 Seojin Chemical White Oil Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Seojin Chemical White Oil Products Offered
10.11.5 Seojin Chemical Recent Development
10.12 Lubline
10.12.1 Lubline Company Information
10.12.2 Lubline Introduction and Business Overview
10.12.3 Lubline White Oil Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Lubline White Oil Products Offered
10.12.5 Lubline Recent Development
10.13 TOTAL
10.13.1 TOTAL Company Information
10.13.2 TOTAL Introduction and Business Overview
10.13.3 TOTAL White Oil Sales, Revenue and Gross Margin (2018-2023)
10.13.4 TOTAL White Oil Products Offered
10.13.5 TOTAL Recent Development
10.14 APAR INDUSTRIES
10.14.1 APAR INDUSTRIES Company Information
10.14.2 APAR INDUSTRIES Introduction and Business Overview
10.14.3 APAR INDUSTRIES White Oil Sales, Revenue and Gross Margin (2018-2023)
10.14.4 APAR INDUSTRIES White Oil Products Offered
10.14.5 APAR INDUSTRIES Recent Development
10.15 Panama Petrochem
10.15.1 Panama Petrochem Company Information
10.15.2 Panama Petrochem Introduction and Business Overview
10.15.3 Panama Petrochem White Oil Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Panama Petrochem White Oil Products Offered
10.15.5 Panama Petrochem Recent Development
10.16 Savita Chemicals
10.16.1 Savita Chemicals Company Information
10.16.2 Savita Chemicals Introduction and Business Overview
10.16.3 Savita Chemicals White Oil Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Savita Chemicals White Oil Products Offered
10.16.5 Savita Chemicals Recent Development
10.17 Eastern
10.17.1 Eastern Company Information
10.17.2 Eastern Introduction and Business Overview
10.17.3 Eastern White Oil Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Eastern White Oil Products Offered
10.17.5 Eastern Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 White Oil Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 White Oil Industrial Chain Analysis
11.4 White Oil Market Dynamics
11.4.1 White Oil Industry Trends
11.4.2 White Oil Market Drivers
11.4.3 White Oil Market Challenges
11.4.4 White Oil Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 White Oil Distributors
12.3 White Oil Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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