The global white oil market is witnessing significant growth and is expected to develop across important regions in the coming years. Persistence Market Research puts forth a spectacular overview based on a thorough analysis of the global scenario of white oil in a new publication titled “White Oil Market: Global Industry Analysis (2012 – 2016) and Forecast 2017–2025”. The research report focuses on the key trends, developments, impact of drivers and restraints, various challenges etc. likely to be witnessed in the global white oil market in the next eight years.
To remain ‘ahead’ of your competitors, request for a samples@https://www.persistencemarketresearch.com/samples/14950
Global White Oil Market: Forecast
An in-depth study of the white oil market across the globe points to a revenue growth of US$ 1964.3 Mn by the end of 2025, reflecting a CAGR of 3.5% during the period of forecast, 2017 to 2025.
Global White Oil Market: Trends Observed Across Geographies
Certain trends are witnessed across geographies that are likely to impact revenue growth of the global white oil market. In Asia Pacific, there is more inclination towards the use of heavy paraffinic oil in industries for various applications. There is an increase in innovative platforms to enhance production of white oil in order to meet growing demands in the Middle East and Africa region, which has a significant impact on the global white oil market.
The adoption of new technologies and increase in the adoption of group II base oil has a positive impact on the white oil market in North America. In Latin America, the demand for heavy paraffinic white oil is rising due to rising manufacturing of polymers, textile products and hot melt adhesives. This region can be considered as a low volume high growth region due to rising number of end-use industries in Latin America. In Europe, the focus on high quality products coupled with the rising number of new entrants, manufacturers and suppliers has led to an increase in the demand for high efficacy white oil.
Global White Oil Market: Segmental Forecast
The global white oil market is segmented on the basis of product type (light paraffinic, heavy paraffinic, and naphthenic); on the basis of grade (pharmaceutical, chemical); on the basis of application (pharmaceutical, personal care and cosmetics, polymers, textiles, adhesives, food and beverages, and others) and on the basis of region (North America, Latin America, Europe, Asia Pacific and Middle East and Africa).
- The light paraffinic segment by product type is expected to witness dominance with respect to market share and is estimated to represent 2/5th of the overall global white oil market by the end of 2025; poised to register a CAGR of 3.9% during the forecast period
- The pharmaceutical segment by grade is anticipated to grow at a CAGR of 3.7% during the period of forecast to slate a revenue of US$ 1206.8 Mn by the end of 2025 thereby establishing dominance
- By application, the personal care and cosmetics segment is poised to grow at a higher rate to register a CAGR of 4.3% over the forecast period and dominates the global market with respect to revenue share
To connect with our sales representative- [email protected]
Global White Oil Market: Regional Exploration
Persistence Market Research has scrutinized the market for white oil across the important geographies of North America, Europe, Latin America, Asia Pacific and Middle East and Africa. Asia Pacific and North America are anticipated to remain the major regions in the global white oil market with respect to demand. Europe and Middle East and Africa are expected to hold a considerable share during the period of forecast. Asia Pacific is anticipated to record US$ 1120.6 Mn in market value and is poised to register a comparatively higher growth rate of 3.9% throughout the forecast period.
Global White Oil Market: Competitive Landscape
The research report on the global white oil market profiles tier players involved in the white oil market such as China Petroleum & Chemical Corp (Sinopec Corporation), Calumet Specialty Products Partners, L.P., Chevron Corp, Exxon Mobil Corporation, Total S.A., Royal Dutch Shell plc., Fuchs Perlolub SE, Nynas AB, H&R GmbH & Co. KGaA, Savita Oil Technologies Ltd., Panama Petrochem Ltd., Apar Industries Limited, C J Robinson Company Inc., Morris Lubricants, Petroliam Nasional Berhad (PETRONAS), Raj Petro Specialties P. LTD., Lubline, Sonneborn, Petro-Canada Lubricants (Subsidiary of Suncor Energy) and Kerax Limited.
For in-depth competitive analysis, buy now@https://www.persistencemarketresearch.com/checkout/14950
About us: Persistence Market Research
Contact us:
Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – [email protected]
COVID-19 Impact Analysis on White Oil Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.
The report encompasses data regarding market share and recent developments by key players.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the white oil market include China Petroleum & Chemical Corp (Sinopec Corporation), Calumet Specialty Products Partners, L.P., Chevron Corp., Exxon Mobil Corporation, Total S.A., Royal Dutch Shell plc, Fuchs Perlolub SE, Nynas AB, H GmbH & Co. KGaA, Savita Oil Technologies Ltd., Panama Petrochem Ltd.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global White Oil Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/white-oil-market/download-sampleMarket DynamicsThe growth of this market is mainly attributed to rising adoption in food and beverages.
Increasing usage of white oil in personal care products such as creams, lotions, lip balm, baby oil, and different hair and skin care products.
