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2022
White Oil Market

White Oil Market

by Grade (Technical, Pharmaceutical), by Application (Plastic and Polymer, Pharmaceuticals, Food Industry, Personal Care and Cosmetics, Textiles, Others): Global Opportunity Analysis and Industry Forecast, 2022-2031

Report Code: A17426
Sep 2022 | Pages: 263
Tables: 182
Charts: 69
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The global white oil market was valued at $2.2 billion in 2021, and is projected to reach $3.1 billion by 2031, growing at a CAGR of 3.7% from 2022 to 2031.

Report Key Highlighters:

  • The white oil market is analyzed in both value and volume. The value data is studied in $ millions while the volume data is analyzed in kilotons.
  • The white oil market is consolidated in nature with a few players such as Castrol Limited, Chevron USA Inc., China Petroleum & Chemical Corporation (Sinopec), Eastman Chemical Company, Exxon Mobil Corporation, Lanxess, Royal Dutch Shell Plc, Savita, and TOTAL ENERGIES that hold a significant share of the market.
  • Countries such as China, U.S., India, Germany, and Brazil hold a significant share in the global white oil market.

The white oil market is expected to recover rapidly post-COVID-19 scenario; attributed to its dependency on pharmaceutical, cosmetics, and other end-use sectors that are witnessing significant growth. According to a report published by India Brand Equity Foundation, the pharmaceutical sector is expected to reach $372 billion by 2022, driven by rising health awareness and increasing income.

White oil is colorless, odorless, and tasteless mineral oil that is used in medicine, pharmaceutical, and cosmetic preparations. It comprises of mineral oil distillate that is hydrogenated and separated into paraffin, naphthenes, and aromatics by adsorption on a solid adsorbent. It finds application in a wide range of sectors including textile, oil & gas, food packaging, and others.

White Oil Market

The growth of the global white oil market is driven by increase in demand for plastic & polymer manufacturing sectors wherein white mineral oils are widely used for producing polystyrene, polyolefins, thermoplastic elastomers, and other polymers. Furthermore, both developed and developing economies have increased their spendings for the development of pharmaceutical sector, which in turn may surge the demand for white oil for producing a wide range of pharmaceutical formulations. This is anticipated to foster the demand for white oil during the forecast period.

However, the high costs associated with the formulation of white oil in personal care products, unavailability of quality white oil, volatility in prices of white oil, and others are few of the restrains that may hamper the growth of the white oil market during the forecast period.

On the contrary, the increasing trends toward healthy eating habits have surged the popularity packaged food items where white oil is applied on food packets to soften rubber and polymeric packaging materials. Furthermore, several studies have found that the use of white oil for food packaging applications adds benefit of prolong storage life, freshness & the appearance of meats, fish, poultry, fruit, and vegetables. This has made the key players of the packed food industry more linear toward using white oil. Thus, the growth in adoption of white oil in food & beverage sector is anticipated to create remunerative opportunities for the market.

The white oil market is segmented on the basis of grade, application, and region. On the basis of grade, it is fragmented into technical and pharmaceuticals grade. By application, it is classified into plastic & polymer, pharmaceuticals, food industry, personal care & cosmetics, textiles, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The major companies profiled in this report include, Adinath Chemicals, Asian Oil Company, Castrol Limited, Chevron USA Inc., China Petroleum & Chemical Corporation (Sinopec), Eastman Chemical Company, Exxon Mobil Corporation, Lanxess, Lodha Petro, Nandan Petrochem Ltd., RENKERT OIL, Royal Dutch Shell Plc, Savita, Sonneborn LLC, and TOTAL ENERGIES.

White Oil Market
By Grade

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Pharmaceuticals grade is the most lucrative segment

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By grade, pharmaceuticals grade segment dominated the global market in 2021, and is anticipated to grow at a CAGR of 3.9% during forecast period. The increasing severity of diseases has surged the R&D activities in the pharmaceutical sector where pharmaceutical grade white oil is widely used to produce various medicinal formulations. Furthermore, rise in awareness for personal care activities has increased the demand for various personal care products-based on pharmaceutical grade white oil formulations. These factors may augment the growth of the pharmaceutical grade segment.

Technical was the second largest contributor in terms of revenue in 2021, and is projected to grow at a CAGR of 3.5% during the forecast period. Technical grade white oil is refined, colorless and odorless paraffinic mineral oil that is used in various industrial grade applications. It is manufactured from high grade of paraffinic base oils that are biologically stable product with no tolerance liver or pathogenic bacteria. It is employed as lubricant in textile industries, paper manufacturing, as a process oil in food industry, and other applications.

White Oil Market
By Application

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Pharmaceuticals is projected as the fastest growing segment

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In 2021, the pharmaceuticals segment was the largest revenue generator, and is anticipated to grow at a CAGR of 4.1% during the forecast period. This is attributed to the fact that both developed and developing economies have increased their spendings for the development of pharmaceutical sector which in turn may surge the demand for white oil for producing a wide range of pharmaceutical formulations. Furthermore, white oil is mainly used toward laxatives in pharmaceuticals applications that help increase stool motility, bulk, and frequency.

Personal care and cosmetics was the second largest contributor in terms of revenue in 2021, and is projected to grow at a CAGR of 3.8% during the forecast period. This is attributed to the increasing awareness for self-grooming activities which in turn have led the personal care sector to witness a significant increase in demand where white oil is widely used for producing a wide range of personal care products such as baby oil, baby shampoos, hair conditions, sunscreens, creams & lotions, and others. Furthermore, increasing elder population in countries such as Italy, Japan, and others have surged the demand for white oil-based anti-ageing creams. This factor is anticipated to increase the sales of white oil for personal care & cosmetics applications.

White Oil Market
By Region

2031
Asia-pacific 
North America
Europe
LAMEA

Asia-Pacific would exhibit highest CAGR of 4.1% during 2022-2031.

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The Asia-Pacific white oil market size is projected to grow at the highest CAGR of 4.1% during the forecast period and accounted for 51.2% of the white oil market share in 2021. China's food packaging sector is increasing rapidly which has forced white oil manufacturers to increase their manufacturing capacities. This may act as one of the key drivers responsible for the growth of the white oil market. Furthermore, the personal hygiene & beauty sector in India is witnessing significant growth owing to the increasing number of newborns and rise in awareness regarding self-beauty and self-grooming activities where white oil is widely used to produce various cosmetic formulations such as baby oils, creams & shampoos, suntan oils, and others. For instance, according to a report published by United Nations Children's Fund (UNICEF), around 67,385 babies are born in India, that’s one-sixth of the world’s childbirths.

    IMPACT OF COVID-19 ON THE GLOBAL WHITE OIL MARKET

    • The white oil market was negatively impacted due to the wake of COVID-19 pandemic. However, the pharmaceutical sectors have shown an impressive growth during the COVID-19 period where pharmaceutical grade white oil is used for producing various medicinal formulations.
    • Furthermore, factors such as rise in disposable income and healthy eating habits have led the food industry to recover rapidly post COVID-19 period where white oil is used to soften the food packaging items. Furthermore, increasing popularity of white oil as a food grade lubricant among key food producing players such as Nestle, Parle, and others may surge the demand for white oil in the food industry.

    Key Benefits For Stakeholders

    • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the white oil market analysis from 2021 to 2031 to identify the prevailing white oil market opportunities.
    • Market research is offered along with information related to key drivers, restraints, and opportunities.
    • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
    • An in-depth analysis of the white oil market segmentation assists to determine the prevailing market opportunities.
    • Major countries in each region are mapped according to their revenue contribution to the global market.
    • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
    • The report includes an analysis of the regional as well as global white oil market trends, key players, market segments, application areas, and market growth strategies.

    White Oil Market Report Highlights

    Aspects Details
    Market Size By 2031 USD 3.1 billion
    Growth Rate CAGR of 3.7%
    Forecast period 2021 - 2031
    Report Pages 263
    By Application
    • Plastic and Polymer
    • Pharmaceuticals
    • Food Industry
    • Personal Care and Cosmetics
    • Textiles
    • Others
    By Grade
    • Technical
    • Pharmaceutical
    By Region
    • North America  (U.S., Canada, Mexico)
    • Europe  (Germany, UK, France, Spain, Italy, Rest Of Europe)
    • Asia-Pacific  (China, India, Japan, South Korea, Australia, Rest Of Asia-Pacific)
    • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest Of LAMEA)
    Key Market Players TOTAL ENERGIES, Sonneborn LLC, Eastman Chemical Company, Asian Oil Company, Lanxess, Lodha Petro, China Petroleum & Chemical Corporation (Sinopec), Adinath Chemicals, RENKERT OIL, Exxon Mobil Corporation, Savita Oil Technologies Limited, Nandan Petrochem Ltd., CASTROL LIMITED, Chevron USA Inc., Royal Dutch Shell PLC

    Analyst Review

    According to the CXOs of the companies, the global white oil market is expected to exhibit high growth potential during the forecast period. White mineral oils are used in a variety of end-use sectors, such as plastic & polymer, rubber manufacturing, plastics & polymers, and others as external lubricant, catalyst carrier, and softener. The food packaging sector that requires good long-term soft food packaging lubricant can be accomplished with the use of white oil.

    In addition, white oil possess excellent significant properties, such as outstanding lubrication, chemical stabilization, and water repellency that make it best-suited for use in the cosmetic sector for producing various cosmetic formulations. Pharmaceutical grade white oil serves as an excellent formulation and is used as a major medicinal formulation in producing a wide range of drugs. Furthermore, factors such as high onset action and efficiency have surged the popularity of white oil in the pharmaceuticals sector. The sustained economic growth and development of the plastics & polymer sector have increased the popularity of white oil.

     
    • CHAPTER 1: INTRODUCTION

      • 1.1. Report description

      • 1.2. Key market segments

      • 1.3. Key benefits to the stakeholders

      • 1.4. Research Methodology

        • 1.4.1. Primary research

        • 1.4.2. Secondary research

        • 1.4.3. Analyst tools and models

    • CHAPTER 2: EXECUTIVE SUMMARY

      • 2.1. CXO Perspective

    • CHAPTER 3: MARKET OVERVIEW

      • 3.1. Market definition and scope

      • 3.2. Key findings

        • 3.2.1. Top impacting factors

        • 3.2.2. Top investment pockets

      • 3.3. Porter’s five forces analysis

        • 3.3.1. Low bargaining power of suppliers

        • 3.3.2. Low threat of new entrants

        • 3.3.3. Low threat of substitutes

        • 3.3.4. Low intensity of rivalry

        • 3.3.5. Low bargaining power of buyers

      • 3.4. Market dynamics

        • 3.4.1. Drivers

          • 3.4.1.1. Rise in demand in personal care & hygiene industry
          • 3.4.1.2. Robust growth in pharmaceutical sectors
        • 3.4.2. Restraints

          • 3.4.2.1. High formulation costs
        • 3.4.3. Opportunities

          • 3.4.3.1. Rise in trends toward packed food products to open up opportunities for the market
      • 3.5. Value Chain Analysis

      • 3.6. Pricing Analysis

      • 3.7. Key Regulation Analysis

      • 3.8. Patent Landscape

    • CHAPTER 4: WHITE OIL MARKET, BY GRADE

      • 4.1. Overview

        • 4.1.1. Market size and forecast

      • 4.2. Technical

        • 4.2.1. Key market trends, growth factors and opportunities

        • 4.2.2. Market size and forecast, by region

        • 4.2.3. Market share analysis by country

      • 4.3. Pharmaceutical

        • 4.3.1. Key market trends, growth factors and opportunities

        • 4.3.2. Market size and forecast, by region

        • 4.3.3. Market share analysis by country

    • CHAPTER 5: WHITE OIL MARKET, BY APPLICATION

      • 5.1. Overview

        • 5.1.1. Market size and forecast

      • 5.2. Plastic and Polymer

        • 5.2.1. Key market trends, growth factors and opportunities

        • 5.2.2. Market size and forecast, by region

        • 5.2.3. Market share analysis by country

      • 5.3. Pharmaceuticals

        • 5.3.1. Key market trends, growth factors and opportunities

        • 5.3.2. Market size and forecast, by region

        • 5.3.3. Market share analysis by country

      • 5.4. Food Industry

        • 5.4.1. Key market trends, growth factors and opportunities

        • 5.4.2. Market size and forecast, by region

        • 5.4.3. Market share analysis by country

      • 5.5. Personal Care and Cosmetics

        • 5.5.1. Key market trends, growth factors and opportunities

        • 5.5.2. Market size and forecast, by region

        • 5.5.3. Market share analysis by country

      • 5.6. Textiles

        • 5.6.1. Key market trends, growth factors and opportunities

        • 5.6.2. Market size and forecast, by region

        • 5.6.3. Market share analysis by country

      • 5.7. Others

        • 5.7.1. Key market trends, growth factors and opportunities

        • 5.7.2. Market size and forecast, by region

        • 5.7.3. Market share analysis by country

    • CHAPTER 6: WHITE OIL MARKET, BY REGION

      • 6.1. Overview

        • 6.1.1. Market size and forecast By Region

      • 6.2. North America

        • 6.2.1. Key market trends, growth factors and opportunities

        • 6.2.2. Market size and forecast, by Grade

        • 6.2.3. Market size and forecast, by Application

        • 6.2.4. Market size and forecast, by country

          • 6.2.4.1. U.S.
            • 6.2.4.1.1. Market size and forecast, by Grade
            • 6.2.4.1.2. Market size and forecast, by Application
          • 6.2.4.2. Canada
            • 6.2.4.2.1. Market size and forecast, by Grade
            • 6.2.4.2.2. Market size and forecast, by Application
          • 6.2.4.3. Mexico
            • 6.2.4.3.1. Market size and forecast, by Grade
            • 6.2.4.3.2. Market size and forecast, by Application
      • 6.3. Europe

        • 6.3.1. Key market trends, growth factors and opportunities

        • 6.3.2. Market size and forecast, by Grade

        • 6.3.3. Market size and forecast, by Application

        • 6.3.4. Market size and forecast, by country

          • 6.3.4.1. Germany
            • 6.3.4.1.1. Market size and forecast, by Grade
            • 6.3.4.1.2. Market size and forecast, by Application
          • 6.3.4.2. UK
            • 6.3.4.2.1. Market size and forecast, by Grade
            • 6.3.4.2.2. Market size and forecast, by Application
          • 6.3.4.3. France
            • 6.3.4.3.1. Market size and forecast, by Grade
            • 6.3.4.3.2. Market size and forecast, by Application
          • 6.3.4.4. Spain
            • 6.3.4.4.1. Market size and forecast, by Grade
            • 6.3.4.4.2. Market size and forecast, by Application
          • 6.3.4.5. Italy
            • 6.3.4.5.1. Market size and forecast, by Grade
            • 6.3.4.5.2. Market size and forecast, by Application
          • 6.3.4.6. Rest of Europe
            • 6.3.4.6.1. Market size and forecast, by Grade
            • 6.3.4.6.2. Market size and forecast, by Application
      • 6.4. Asia-Pacific

        • 6.4.1. Key market trends, growth factors and opportunities

        • 6.4.2. Market size and forecast, by Grade

        • 6.4.3. Market size and forecast, by Application

        • 6.4.4. Market size and forecast, by country

          • 6.4.4.1. China
            • 6.4.4.1.1. Market size and forecast, by Grade
            • 6.4.4.1.2. Market size and forecast, by Application
          • 6.4.4.2. India
            • 6.4.4.2.1. Market size and forecast, by Grade
            • 6.4.4.2.2. Market size and forecast, by Application
          • 6.4.4.3. Japan
            • 6.4.4.3.1. Market size and forecast, by Grade
            • 6.4.4.3.2. Market size and forecast, by Application
          • 6.4.4.4. South Korea
            • 6.4.4.4.1. Market size and forecast, by Grade
            • 6.4.4.4.2. Market size and forecast, by Application
          • 6.4.4.5. Australia
            • 6.4.4.5.1. Market size and forecast, by Grade
            • 6.4.4.5.2. Market size and forecast, by Application
          • 6.4.4.6. Rest of Asia-Pacific
            • 6.4.4.6.1. Market size and forecast, by Grade
            • 6.4.4.6.2. Market size and forecast, by Application
      • 6.5. LAMEA

        • 6.5.1. Key market trends, growth factors and opportunities

        • 6.5.2. Market size and forecast, by Grade

        • 6.5.3. Market size and forecast, by Application

        • 6.5.4. Market size and forecast, by country

          • 6.5.4.1. Brazil
            • 6.5.4.1.1. Market size and forecast, by Grade
            • 6.5.4.1.2. Market size and forecast, by Application
          • 6.5.4.2. Saudi Arabia
            • 6.5.4.2.1. Market size and forecast, by Grade
            • 6.5.4.2.2. Market size and forecast, by Application
          • 6.5.4.3. South Africa
            • 6.5.4.3.1. Market size and forecast, by Grade
            • 6.5.4.3.2. Market size and forecast, by Application
          • 6.5.4.4. Rest of LAMEA
            • 6.5.4.4.1. Market size and forecast, by Grade
            • 6.5.4.4.2. Market size and forecast, by Application
    • CHAPTER 7: COMPETITIVE LANDSCAPE

      • 7.1. Introduction

      • 7.2. Top winning strategies

      • 7.3. Product Mapping of Top 10 Player

      • 7.4. Competitive Dashboard

      • 7.5. Competitive Heatmap

      • 7.6. Top player positioning, 2021

    • CHAPTER 8: COMPANY PROFILES

      • 8.1. Adinath Chemicals

        • 8.1.1. Company overview

        • 8.1.2. Key Executives

        • 8.1.3. Company snapshot

        • 8.1.4. Operating business segments

        • 8.1.5. Product portfolio

      • 8.2. Asian Oil Company

        • 8.2.1. Company overview

        • 8.2.2. Key Executives

        • 8.2.3. Company snapshot

        • 8.2.4. Operating business segments

        • 8.2.5. Product portfolio

      • 8.3. CASTROL LIMITED

        • 8.3.1. Company overview

        • 8.3.2. Key Executives

        • 8.3.3. Company snapshot

        • 8.3.4. Operating business segments

        • 8.3.5. Product portfolio

      • 8.4. Chevron USA Inc.

        • 8.4.1. Company overview

        • 8.4.2. Key Executives

        • 8.4.3. Company snapshot

        • 8.4.4. Operating business segments

        • 8.4.5. Product portfolio

      • 8.5. China Petroleum & Chemical Corporation (Sinopec)

        • 8.5.1. Company overview

        • 8.5.2. Key Executives

        • 8.5.3. Company snapshot

        • 8.5.4. Operating business segments

        • 8.5.5. Product portfolio

        • 8.5.6. Business performance

      • 8.6. Eastman Chemical Company

        • 8.6.1. Company overview

        • 8.6.2. Key Executives

        • 8.6.3. Company snapshot

        • 8.6.4. Operating business segments

        • 8.6.5. Product portfolio

        • 8.6.6. Business performance

      • 8.7. Exxon Mobil Corporation

        • 8.7.1. Company overview

        • 8.7.2. Key Executives

        • 8.7.3. Company snapshot

        • 8.7.4. Operating business segments

        • 8.7.5. Product portfolio

        • 8.7.6. Business performance

      • 8.8. Lanxess

        • 8.8.1. Company overview

        • 8.8.2. Key Executives

        • 8.8.3. Company snapshot

        • 8.8.4. Operating business segments

        • 8.8.5. Product portfolio

        • 8.8.6. Business performance

      • 8.9. Lodha Petro

        • 8.9.1. Company overview

        • 8.9.2. Key Executives

        • 8.9.3. Company snapshot

        • 8.9.4. Operating business segments

        • 8.9.5. Product portfolio

      • 8.10. Nandan Petrochem Ltd.

        • 8.10.1. Company overview

        • 8.10.2. Key Executives

        • 8.10.3. Company snapshot

        • 8.10.4. Operating business segments

        • 8.10.5. Product portfolio

      • 8.11. RENKERT OIL

        • 8.11.1. Company overview

        • 8.11.2. Key Executives

        • 8.11.3. Company snapshot

        • 8.11.4. Operating business segments

        • 8.11.5. Product portfolio

      • 8.12. Royal Dutch Shell PLC

        • 8.12.1. Company overview

        • 8.12.2. Key Executives

        • 8.12.3. Company snapshot

        • 8.12.4. Operating business segments

        • 8.12.5. Product portfolio

        • 8.12.6. Business performance

      • 8.13. Savita Oil Technologies Limited

        • 8.13.1. Company overview

        • 8.13.2. Key Executives

        • 8.13.3. Company snapshot

        • 8.13.4. Operating business segments

        • 8.13.5. Product portfolio

        • 8.13.6. Business performance

      • 8.14. Sonneborn LLC

        • 8.14.1. Company overview

        • 8.14.2. Key Executives

        • 8.14.3. Company snapshot

        • 8.14.4. Operating business segments

        • 8.14.5. Product portfolio

      • 8.15. TOTAL ENERGIES

        • 8.15.1. Company overview

        • 8.15.2. Key Executives

        • 8.15.3. Company snapshot

        • 8.15.4. Operating business segments

        • 8.15.5. Product portfolio

        • 8.15.6. Business performance

    • LIST OF TABLES

    • TABLE 01. GLOBAL WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 02. GLOBAL WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 03. WHITE OIL MARKET FOR TECHNICAL, BY REGION, 2021-2031 ($MILLION)
      TABLE 04. WHITE OIL MARKET FOR TECHNICAL, BY REGION, 2021-2031 (KILOTON)
      TABLE 05. WHITE OIL MARKET FOR PHARMACEUTICAL, BY REGION, 2021-2031 ($MILLION)
      TABLE 06. WHITE OIL MARKET FOR PHARMACEUTICAL, BY REGION, 2021-2031 (KILOTON)
      TABLE 07. GLOBAL WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 08. GLOBAL WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 09. WHITE OIL MARKET FOR PLASTIC AND POLYMER, BY REGION, 2021-2031 ($MILLION)
      TABLE 10. WHITE OIL MARKET FOR PLASTIC AND POLYMER, BY REGION, 2021-2031 (KILOTON)
      TABLE 11. WHITE OIL MARKET FOR PHARMACEUTICALS, BY REGION, 2021-2031 ($MILLION)
      TABLE 12. WHITE OIL MARKET FOR PHARMACEUTICALS, BY REGION, 2021-2031 (KILOTON)
      TABLE 13. WHITE OIL MARKET FOR FOOD INDUSTRY, BY REGION, 2021-2031 ($MILLION)
      TABLE 14. WHITE OIL MARKET FOR FOOD INDUSTRY, BY REGION, 2021-2031 (KILOTON)
      TABLE 15. WHITE OIL MARKET FOR PERSONAL CARE AND COSMETICS, BY REGION, 2021-2031 ($MILLION)
      TABLE 16. WHITE OIL MARKET FOR PERSONAL CARE AND COSMETICS, BY REGION, 2021-2031 (KILOTON)
      TABLE 17. WHITE OIL MARKET FOR TEXTILES, BY REGION, 2021-2031 ($MILLION)
      TABLE 18. WHITE OIL MARKET FOR TEXTILES, BY REGION, 2021-2031 (KILOTON)
      TABLE 19. WHITE OIL MARKET FOR OTHERS, BY REGION, 2021-2031 ($MILLION)
      TABLE 20. WHITE OIL MARKET FOR OTHERS, BY REGION, 2021-2031 (KILOTON)
      TABLE 21. WHITE OIL MARKET, BY REGION, 2021-2031 ($MILLION)
      TABLE 22. WHITE OIL MARKET, BY REGION, 2021-2031 (KILOTON)
      TABLE 23. NORTH AMERICA WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 24. NORTH AMERICA WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 25. NORTH AMERICA WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 26. NORTH AMERICA WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 27. NORTH AMERICA WHITE OIL MARKET, BY COUNTRY, 2021-2031 ($MILLION)
      TABLE 28. NORTH AMERICA WHITE OIL MARKET, BY COUNTRY, 2021-2031 (KILOTON)
      TABLE 29. U.S. WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 30. U.S. WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 31. U.S. WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 32. U.S. WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 33. CANADA WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 34. CANADA WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 35. CANADA WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 36. CANADA WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 37. MEXICO WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 38. MEXICO WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 39. MEXICO WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 40. MEXICO WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 41. EUROPE WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 42. EUROPE WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 43. EUROPE WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 44. EUROPE WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 45. EUROPE WHITE OIL MARKET, BY COUNTRY, 2021-2031 ($MILLION)
      TABLE 46. EUROPE WHITE OIL MARKET, BY COUNTRY, 2021-2031 (KILOTON)
      TABLE 47. GERMANY WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 48. GERMANY WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 49. GERMANY WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 50. GERMANY WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 51. UK WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 52. UK WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 53. UK WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 54. UK WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 55. FRANCE WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 56. FRANCE WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 57. FRANCE WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 58. FRANCE WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 59. SPAIN WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 60. SPAIN WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 61. SPAIN WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 62. SPAIN WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 63. ITALY WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 64. ITALY WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 65. ITALY WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 66. ITALY WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 67. REST OF EUROPE WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 68. REST OF EUROPE WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 69. REST OF EUROPE WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 70. REST OF EUROPE WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 71. ASIA-PACIFIC WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 72. ASIA-PACIFIC WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 73. ASIA-PACIFIC WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 74. ASIA-PACIFIC WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 75. ASIA-PACIFIC WHITE OIL MARKET, BY COUNTRY, 2021-2031 ($MILLION)
      TABLE 76. ASIA-PACIFIC WHITE OIL MARKET, BY COUNTRY, 2021-2031 (KILOTON)
      TABLE 77. CHINA WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 78. CHINA WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 79. CHINA WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 80. CHINA WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 81. INDIA WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 82. INDIA WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 83. INDIA WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 84. INDIA WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 85. JAPAN WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 86. JAPAN WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 87. JAPAN WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 88. JAPAN WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 89. SOUTH KOREA WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 90. SOUTH KOREA WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 91. SOUTH KOREA WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 92. SOUTH KOREA WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 93. AUSTRALIA WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 94. AUSTRALIA WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 95. AUSTRALIA WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 96. AUSTRALIA WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 97. REST OF ASIA-PACIFIC WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 98. REST OF ASIA-PACIFIC WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 99. REST OF ASIA-PACIFIC WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 100. REST OF ASIA-PACIFIC WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 101. LAMEA WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 102. LAMEA WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 103. LAMEA WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 104. LAMEA WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 105. LAMEA WHITE OIL MARKET, BY COUNTRY, 2021-2031 ($MILLION)
      TABLE 106. LAMEA WHITE OIL MARKET, BY COUNTRY, 2021-2031 (KILOTON)
      TABLE 107. BRAZIL WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 108. BRAZIL WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 109. BRAZIL WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 110. BRAZIL WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 111. SAUDI ARABIA WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 112. SAUDI ARABIA WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 113. SAUDI ARABIA WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 114. SAUDI ARABIA WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 115. SOUTH AFRICA WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 116. SOUTH AFRICA WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 117. SOUTH AFRICA WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 118. SOUTH AFRICA WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 119. REST OF LAMEA WHITE OIL MARKET, BY GRADE, 2021-2031 ($MILLION)
      TABLE 120. REST OF LAMEA WHITE OIL MARKET, BY GRADE, 2021-2031 (KILOTON)
      TABLE 121. REST OF LAMEA WHITE OIL MARKET, BY APPLICATION, 2021-2031 ($MILLION)
      TABLE 122. REST OF LAMEA WHITE OIL MARKET, BY APPLICATION, 2021-2031 (KILOTON)
      TABLE 123. ADINATH CHEMICALS: KEY EXECUTIVES
      TABLE 124. ADINATH CHEMICALS: COMPANY SNAPSHOT
      TABLE 125. ADINATH CHEMICALS: PRODUCT SEGMENTS
      TABLE 126. ADINATH CHEMICALS: PRODUCT PORTFOLIO
      TABLE 127. ASIAN OIL COMPANY: KEY EXECUTIVES
      TABLE 128. ASIAN OIL COMPANY: COMPANY SNAPSHOT
      TABLE 129. ASIAN OIL COMPANY: PRODUCT SEGMENTS
      TABLE 130. ASIAN OIL COMPANY: PRODUCT PORTFOLIO
      TABLE 131. CASTROL LIMITED: KEY EXECUTIVES
      TABLE 132. CASTROL LIMITED: COMPANY SNAPSHOT
      TABLE 133. CASTROL LIMITED: PRODUCT SEGMENTS
      TABLE 134. CASTROL LIMITED: PRODUCT PORTFOLIO
      TABLE 135. CHEVRON USA INC.: KEY EXECUTIVES
      TABLE 136. CHEVRON USA INC.: COMPANY SNAPSHOT
      TABLE 137. CHEVRON USA INC.: PRODUCT SEGMENTS
      TABLE 138. CHEVRON USA INC.: PRODUCT PORTFOLIO
      TABLE 139. CHINA PETROLEUM & CHEMICAL CORPORATION (SINOPEC): KEY EXECUTIVES
      TABLE 140. CHINA PETROLEUM & CHEMICAL CORPORATION (SINOPEC): COMPANY SNAPSHOT
      TABLE 141. CHINA PETROLEUM & CHEMICAL CORPORATION (SINOPEC): PRODUCT SEGMENTS
      TABLE 142. CHINA PETROLEUM & CHEMICAL CORPORATION (SINOPEC): PRODUCT PORTFOLIO
      TABLE 143. EASTMAN CHEMICAL COMPANY: KEY EXECUTIVES
      TABLE 144. EASTMAN CHEMICAL COMPANY: COMPANY SNAPSHOT
      TABLE 145. EASTMAN CHEMICAL COMPANY: PRODUCT SEGMENTS
      TABLE 146. EASTMAN CHEMICAL COMPANY: PRODUCT PORTFOLIO
      TABLE 147. EXXON MOBIL CORPORATION: KEY EXECUTIVES
      TABLE 148. EXXON MOBIL CORPORATION: COMPANY SNAPSHOT
      TABLE 149. EXXON MOBIL CORPORATION: SERVICE SEGMENTS
      TABLE 150. EXXON MOBIL CORPORATION: PRODUCT PORTFOLIO
      TABLE 151. LANXESS: KEY EXECUTIVES
      TABLE 152. LANXESS: COMPANY SNAPSHOT
      TABLE 153. LANXESS: PRODUCT SEGMENTS
      TABLE 154. LANXESS: PRODUCT PORTFOLIO
      TABLE 155. LODHA PETRO: KEY EXECUTIVES
      TABLE 156. LODHA PETRO: COMPANY SNAPSHOT
      TABLE 157. LODHA PETRO: PRODUCT SEGMENTS
      TABLE 158. LODHA PETRO: PRODUCT PORTFOLIO
      TABLE 159. NANDAN PETROCHEM LTD.: KEY EXECUTIVES
      TABLE 160. NANDAN PETROCHEM LTD.: COMPANY SNAPSHOT
      TABLE 161. NANDAN PETROCHEM LTD.: PRODUCT SEGMENTS
      TABLE 162. NANDAN PETROCHEM LTD.: PRODUCT PORTFOLIO
      TABLE 163. RENKERT OIL: KEY EXECUTIVES
      TABLE 164. RENKERT OIL: COMPANY SNAPSHOT
      TABLE 165. RENKERT OIL: PRODUCT SEGMENTS
      TABLE 166. RENKERT OIL: PRODUCT PORTFOLIO
      TABLE 167. ROYAL DUTCH SHELL PLC: KEY EXECUTIVES
      TABLE 168. ROYAL DUTCH SHELL PLC: COMPANY SNAPSHOT
      TABLE 169. ROYAL DUTCH SHELL PLC: PRODUCT SEGMENTS
      TABLE 170. ROYAL DUTCH SHELL PLC: PRODUCT PORTFOLIO
      TABLE 171. SAVITA OIL TECHNOLOGIES LIMITED: KEY EXECUTIVES
      TABLE 172. SAVITA OIL TECHNOLOGIES LIMITED: COMPANY SNAPSHOT
      TABLE 173. SAVITA OIL TECHNOLOGIES LIMITED: PRODUCT SEGMENTS
      TABLE 174. SAVITA OIL TECHNOLOGIES LIMITED: PRODUCT PORTFOLIO
      TABLE 175. SONNEBORN LLC: KEY EXECUTIVES
      TABLE 176. SONNEBORN LLC: COMPANY SNAPSHOT
      TABLE 177. SONNEBORN LLC: PRODUCT SEGMENTS
      TABLE 178. SONNEBORN LLC: PRODUCT PORTFOLIO
      TABLE 179. TOTAL ENERGIES: KEY EXECUTIVES
      TABLE 180. TOTAL ENERGIES: COMPANY SNAPSHOT
      TABLE 181. TOTAL ENERGIES: PRODUCT SEGMENTS
      TABLE 182. TOTAL ENERGIES: PRODUCT PORTFOLIO
    • LIST OF FIGURES

    • FIGURE 01. WHITE OIL MARKET SNAPSHOT
      FIGURE 02. WHITE OIL MARKET SEGMENTATION
      FIGURE 03. TOP INVESTMENT POCKETS
      FIGURE 04. LOW BARGAINING POWER OF SUPPLIERS
      FIGURE 05. HIGH BARGAINING POWER OF BUYERS
      FIGURE 06. HIGH THREAT OF NEW ENTRANTS
      FIGURE 07. HIGH THREAT OF SUBSTITUTES
      FIGURE 08. MODERATE COMPETITIVE RIVALRY
      FIGURE 09. WHITE OIL MARKET DYNAMICS
      FIGURE 10. VALUE CHAIN ANALYSIS
      FIGURE 11. WHITE OIL MARKET, PRICING ANALYSIS, BY GRADE, USD/TONS
      FIGURE 12. PATENT ANALYSIS, BY COUNTRY, 2022
      FIGURE 13. PATENT ANALYSIS, BY APPLICANT, 2022
      FIGURE 14. PATENT ANALYSIS, BY PUBLICATION DATE, 2013–2022
      FIGURE 15. WHITE OIL MARKET, BY GRADE, 2021–2031 ($MILLION)
      FIGURE 16. COMPARATIVE SHARE ANALYSIS OF WHITE OIL MARKET FOR TECHNICAL, BY COUNTRY, 2021 & 2031 (%)
      FIGURE 17. COMPARATIVE SHARE ANALYSIS OF WHITE OIL MARKET FOR PHARMACEUTICALS GRADE, BY COUNTRY, 2021 & 2031 (%)
      FIGURE 18. WHITE OIL MARKET, BY APPLICATION, 2021–2031 ($MILLION)
      FIGURE 19. COMPARATIVE SHARE ANALYSIS OF WHITE OIL MARKET FOR PLASTIC & POLYMER, BY COUNTRY, 2021& 2031 (%)
      FIGURE 20. COMPARATIVE SHARE ANALYSIS OF WHITE OIL MARKET FOR PHARMACEUTICALS, BY COUNTRY, 2021 & 2031 (%)
      FIGURE 21. COMPARATIVE SHARE ANALYSIS OF WHITE OIL MARKET FOR FOOD INDUSTRY, BY COUNTRY, 2021 & 2031 (%)
      FIGURE 22. COMPARATIVE SHARE ANALYSIS OF WHITE OIL MARKET FOR PERSONAL CARE & COSMETICS, BY COUNTRY, 2021& 2031 (%)
      FIGURE 23. COMPARATIVE SHARE ANALYSIS OF WHITE OIL MARKET FOR TEXTILES, BY COUNTRY, 2021& 2031 (%)
      FIGURE 24. COMPARATIVE SHARE ANALYSIS OF WHITE OIL MARKET FOR OTHERS, BY COUNTRY, 2021& 2031 (%)
      FIGURE 25. WHITE OIL MARKET, BY REGION, 2021–2031 ($MILLION)
      FIGURE 26. U.S. WHITE OIL MARKET REVENUE, 2021–2031($MILLION)
      FIGURE 27. CANADA WHITE OIL MARKET REVENUE, 2021–2031($MILLION)
      FIGURE 28. MEXICO WHITE OIL MARKET REVENUE, 2021–2031($MILLION)
      FIGURE 29. GERMANY WHITE OIL MARKET REVENUE, 2021–2031($MILLION)
      FIGURE 30. FRANCE WHITE OIL MARKET REVENUE, 2021–2031($MILLION)
      FIGURE 31. UK WHITE OIL MARKET REVENUE, 2021–2031($MILLION)
      FIGURE 32. ITALY WHITE OIL MARKET REVENUE, 2021–2031($MILLION)
      FIGURE 33. SPAIN WHITE OIL MARKET REVENUE, 2021–2031($MILLION)
      FIGURE 34. REST OF EUROPE WHITE OIL MARKET REVENUE, 2021–2031($MILLION)
      FIGURE 35. CHINA WHITE OIL MARKET REVENUE, 2021–2031($MILLION)
      FIGURE 36. JAPAN WHITE OIL MARKET REVENUE, 2021–2031($MILLION)
      FIGURE 37. INDIA WHITE OIL MARKET REVENUE, 2021–2031($MILLION)
      FIGURE 38. AUSTRALIA WHITE OIL MARKET REVENUE, 2021–2031($MILLION)
      FIGURE 39. SOUTH KOREA WHITE OIL MARKET REVENUE, 2021–2031($MILLION)
      FIGURE 40. REST OF ASIA-PACIFIC WHITE OIL MARKET REVENUE, 2021–2031($MILLION)
      FIGURE 41. BRAZIL WHITE OIL MARKET REVENUE, 2021–2031($MILLION)
      FIGURE 42. SAUDI ARABIA WHITE OIL MARKET REVENUE, 2021–2031($MILLION)
      FIGURE 43. SOUTH AFRICA WHITE OIL MARKET REVENUE, 2021–2031($MILLION)
      FIGURE 44. REST OF LAMEA WHITE OIL MARKET REVENUE, 2021–2031($MILLION)
      FIGURE 45. MARKET PLAYER POSITIONING, 2022
      FIGURE 46. PRODUCT MAPPING OF TOP 10 PLAYERS
      FIGURE 47. COMPETITIVE DASHBOARD.
      FIGURE 48. COMPETITIVE HEATMAP OF KEY PLAYERS
      FIGURE 49. CASTROL LIMITED: NET SALES, 2019-2021 ($MILLION)
      FIGURE 50. CASTROL LIMITED: REVENUE SHARE BY REGION, 2021 (%)
      FIGURE 51. CHEVRON USA INC.: REVENUE, 2019–2021 ($MILLION)
      FIGURE 52. CHEVRON USA INC.: REVENUE SHARE BY SEGMENT, 2021 (%)
      FIGURE 53. SINOPEC: REVENUE, 2019–2021 ($MILLION)
      FIGURE 54. SINOPEC: REVENUE SHARE BY SEGMENT, 2021 (%)
      FIGURE 55. SINOPEC: REVENUE SHARE BY REGION, 2021 (%)
      FIGURE 56. EASTMAN CHEMICAL COMPANY: REVENUE, 2019-2021 ($MILLION)
      FIGURE 57. EASTMAN CHEMICAL COMPANY: REVENUE SHARE BY SEGMENT, 2021 (%)
      FIGURE 58. EASTMAN CHEMICAL COMPANY: REVENUE SHARE BY REGION, 2021(%)
      FIGURE 59. EXXON MOBIL CORPORATION: NET SALES, 2019–2021 ($MILLION)
      FIGURE 60. EXXON MOBIL CORPORATION: REVENUE SHARE BY SEGMENT, 2021 (%)
      FIGURE 61. EXXON MOBIL CORPORATION: REVENUE SHARE BY REGION, 2021 (%)
      FIGURE 62. LANXESS: REVENUE, 2019–2021 ($MILLION)
      FIGURE 63. LANXESS: REVENUE SHARE BY SEGMENT, 2021 (%)
      FIGURE 64. LANXESS: REVENUE SHARE BY REGION, 2021 (%)
      FIGURE 65. ROYAL DUTCH SHELL PLC: REVENUE, 2019-2021 ($MILLION)
      FIGURE 66. ROYAL DUTCH SHELL PLC: REVENUE SHARE BY SEGMENT, 2021(%)
      FIGURE 67. ROYAL DUTCH SHELL PLC: REVENUE SHARE BY REGION, 2021(%)
      FIGURE 68. SAVITA: REVENUE, 2019-2021 ($MILLION)
      FIGURE 69. TOTAL ENERGIES: NET SALES, 2018–2020 ($MILLION)

     
     

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    FREQUENTLY ASKED QUESTIONS?

    A. The growing trend of white oil is driven by an increase in demand for plastic & polymer manufacturing sectors wherein white mineral oils are widely used for producing polystyrene, polyolefins, thermoplastic elastomers, and other polymers.

    A. The pharmaceuticals segment was the leading application, and is anticipated to grow at a CAGR of 4.1% during the forecast period.

    A. Asia-Pacific is the largest market for white oil across the globe.

    A. The global white oil market is projected to reach $3.1 billion by 2031, growing at a CAGR of 3.7% from 2022 to 2031.

    A. The major companies profiled in this report include Adinath Chemicals, Asian Oil Company, Castrol Limited, Chevron USA Inc., China Petroleum & Chemical Corporation (Sinopec), Eastman Chemical Company, Exxon Mobil Corporation, Lanxess, Lodha Petro, Nandan Petrochem Ltd., RENKERT OIL, Royal Dutch Shell Plc, Savita, Sonneborn LLC, and TOTAL ENERGIES.

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