White Oil Market 2022
An in-depth study of the white oil market across the globe points to a revenue growth of US$ 19.6 Bn by the end of 2025, reflecting a CAGR of 3.5% during the period of forecast, 2017 to 2025.
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.
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Key Companies-
- 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.
- Kerax Limited
- Petro-Canada Lubricants
- Lubline
- Sonneborn
- Others.
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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
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.
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Major Highlights of White Oil Market Report:
- White Oil Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
- The report dives deeper into the market and explains the dynamic factors bolstering market growth.
- The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
- The report analyzes White Oil Market presence across major regions of the world.
- It determines the production & consumption capacities and demand & supply dynamics of each regional market.
- The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
- It provides company overview and SWOT analysis of each of the market players.
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