White Oil Market is Booming |
Posted by sujeetnakade199 on February 14th, 2020
White Oil Market Size, Top Companies, Industry Share, Clinical Review, Technological Trends and Investment plans, Growth Factors, Product Types, Applications, Revenue Strategy. The study highlights detailed assessment of the Market and display market sizing trend by revenue & volume (if applicable), current growth factors, facts, expert opinions and industry validated market development data. Few of the major competitors currently working in the global white oil market are Calumet Specialty Products Partners, L.P., Chevron Limited., Exxon Mobil Corporation, Total, Royal Dutch Shell, FUCHS, H&R GROUP, savita.com, Panama Petrochem Ltd, Apar Industries Ltd., C J Robinson Co Inc, Morris Lubricants, Petroliam Nasional Berhad, Raj Petro Specialities Pvt. Ltd., Kerax Limited, Petro‐Canada Lubricants Inc., Lub Line, Sonneborn LLC.
Global white oil market is set to witness a stable CAGR of 4.45% in the forecast period of 2019- 2026.
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By Application (Adhesives, Agriculture, Food, Pharmaceutical, Personal Care, Textile, Polymers, Others), Product (Light Paraffinic, Heavy Paraffinic, Naphthenic), Grade (65/75 (ISO VG 10/15), 50/60 (ISO VG 7), 200/215 (ISO VG 32/46), 80/90 (ISO VG 15), 340/365 (ISO VG 68)
White oil is those mineral oils which are colorless, odourless and tasteless in nature. They are widely used for the preparation of cosmetics, pharmaceutical and medicines. This white oil is usually made from different feedstocks and depending upon those different processes are used. They are widely used industries such as food, personal care, polymers, textile, among others. They are usually formed by the refining of paraffinic and naphthenic crude oil feedstock. Increasing demand for packed food among population is also fuelling the growth of this market.
Rising demand for packed food among population will drive the market
Increasing prevalence for personal care products among population will propel market
Increasing research and development activities on white oils will also enhance market growth
Rising disposable income will also accelerate the growth of this market
Unavailability of the quality crude oil will restrain the market growth
Fluctuation in the price of oil will hamper the market growth
Table of Contents:-
In order to better analyze value chain/ supply chain of the Industry, a lot of attention given to backward & forward Integration
– White Oil Manufacturers
– White Oil Distributors/Traders/Wholesalers
– White Oil Sub-component Manufacturers
– Industry Association
– Downstream Vendors
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