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Global White Oil Market - Forecasts from 2017 to 2022

DESCRIPTION
The global white oil market is expected to witness an exponential growth at a CAGR of
3.83%. The market was valued at US$ 1.553 in 2017and is expected to reach US$1.874
billion by 2022, due to escalating demand for personal care and pharmaceutical
products, and polymers among others. The global white oil market growth is also
complemented by advancements in the production process that allows complete
removal of dust particles, superior purity, odorless, and tasteless products. However,
the growth of white oil in the global market will observe restraint due to strict
government policies in developed nations, economic uncertainty, and fluctuating
petroleum prices.
By Grade
The global white oil market is divided into various segments on the basis of purity of
product for diverse consumption across various verticals. The pharmaceutical grade
segment is expected to grow at a moderate CAGR due to a wide acceptance of white oil
in the industry over the forecast period. The technical grade segment was dominant
segment during the year 2016 owing to application of technical grade white oil in food
processing and food packaging due to strict government guidelines in developed
countries.
By Application
Pharmaceutical segment of the white oil market is projected to grow at a significant rate
over the next five years. The demand of white oil in pharmaceutical is mainly driven by
its increased application as a lubricant in medical or pharmaceutical industry
instruments, base materials for oil and ointments and others. Growth in the global
healthcare industry as result or diversification of products and ongoing advancements
will provide impetus to the global white oil demand.
By Region
Asia Pacific region was the major market for white oil in 2016 accounting for a
significant share of the global white oils market. North America region is also expected

Global White Oil Market - Forecasts from 2017 to 2022

witness considerable demand for white oil by personal care and cosmetics
manufacturers owing to technical advancements in production and product innovation.
Competitive Insights
The major companies indulged in the production of white oil are Exxon Mobil, Sinopec,
British Petroleum, Sonneborn, Renkert, JX Nippon, and Petro-Canada among others.
Mergers, new product launches, and product innovation are the major strategies being
adopted by the companies for boosting their existing market share. Due to strong
positioning and stable branding, the industry has high barriers for new entrants.
Segmentation
The global white oil industry is segmented on basis of grade, application, and
geographical regions.
 Grade
o Pharmaceutical Grade
o Technical Grade
o Others
 Application
o Agriculture
o Adhesives
o Food
o Textile
o Personal Care
o Polymers
o Pharmaceutical
o Others
 Regions
o North America


United States
Global White Oil Market - Forecasts from 2017 to 2022



Canada



Mexico

o South America


Brazil



Argentina



Others

o Europe


United Kingdom



Russia



Germany



Italy



Spain



France



Others

o Asia Pacific (APAC)


India



China



Japan



Australia



Others

o Middle East and Africa (MEA)


Saudi Arabia



UAE



GCC Countries



Others

Key questions answered by the report
 What will be the global white oil market size from 2017 to 2022?
Global White Oil Market - Forecasts from 2017 to 2022

 How are the major drivers and restraints affecting the white oil market growth and
the opportunities which exist for key vendors?
 Which segment and region will drive or lead the market growth and why?
 A comprehensive analysis of competitive landscape and key market participants’
behavior
 Key strategies being adopted by vendors, with in-depth analysis along with their
impact on competition and market growth.

Global White Oil Market - Forecasts from 2017 to 2022

TABLE OF CONTENTS
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Overview and Segmentation
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Porter's Five Forces
4.6. Supplier Outlook
4.7. Industry Outlook
4.8. Industry Value Chain Analysis
4.9. Scenario Analysis
5. Global White Oil Market Forecast by Grade (US$ Billion)
5.1. Pharmaceutical Grade
5.1.1. Market Size and Forecast to 2022
5.2. Technical Grade
5.2.1. Market Size and Forecast to 2022
5.3. Others
5.3.1. Market Size and Forecast to 2022
6. Global White Oil Market Forecast by Application (US$ Billion)
6.1. Agriculture
6.1.1. Market Size and Forecast to 2022
6.2. Adhesive
6.2.1. Market Size and Forecast to 2022
6.3. Food
6.3.1. Market Size and Forecast to 2022
6.4. Textile
6.4.1. Market Size and Forecast to 2022
6.5. Personal Care
6.5.1. Market Size and Forecast to 2022
Global White Oil Market - Forecasts from 2017 to 2022

6.6. Polymers
6.6.1. Market Size and Forecast to 2022
6.7. Pharmaceutical
6.7.1. Market Size and Forecast to 2022
6.8. Others
6.8.1. Market Size and Forecast to 2022
7. Global White Oil Market Forecast by Regions (US$ Billion)
7.1. North America
7.1.1. United States
7.1.1.1. Market Size and Forecast to 2022
7.1.2. Canada
7.1.2.1. Market Size and Forecast to 2022
7.2. South America
7.2.1. Brazil
7.2.1.1. Market Size and Forecast to 2022
7.2.2. Argentina
7.2.2.1. Market Size and Forecast to 2022
7.2.3. Others
7.2.3.1. Market Size and Forecast to 2022
7.3. Europe
7.3.1. United Kingdom
7.3.1.1. Market Size and Forecast to 2022
7.3.2. Russia
7.3.2.1. Market Size and Forecast to 2022
7.3.3. Germany
7.3.3.1. Market Size and Forecast to 2022
7.3.4. Italy
7.3.4.1. Market Size and Forecast to 2022
7.3.5. France
7.3.5.1. Market Size and Forecast to 2022
7.3.6. Others
7.3.6.1. Market Size and Forecast to 2022
7.4. Asia Pacific (APAC)
Global White Oil Market - Forecasts from 2017 to 2022

7.4.1. India
7.4.1.1. Market Size and Forecast to 2022
7.4.2. China
7.4.2.1. Market Size and Forecast to 2022
7.4.3. Japan
7.4.3.1. Market Size and Forecast to 2022
7.4.4. Australia
7.4.4.1. Market Size and Forecast to 2022
7.4.5. Others
7.4.5.1. Market Size and Forecast to 2022
7.5. Middle East and Africa (MEA)
7.5.1. Saudi Arabia
7.5.1.1. Market Size and Forecast to 2022
7.5.2. UAE
7.5.2.1. Market Size and Forecast to 2022
7.5.3. GCC Countries
7.5.3.1. Market Size and Forecast to 2022
7.5.4. Others
7.5.4.1. Market Size and Forecast to 2022
8. Competitive Analysis
8.1. Market Share Analysis
8.2. Investment Analysis
8.3. Recent Deals
8.4. Strategies of Key Players
9. Major Global Companies
9.1. British Petroleum (BP p.l.c)
9.1.1. Overview
9.1.2. Financials
9.1.3. Products and Services
9.1.4. Recent Developments
9.2. Sinopec Corporation
9.2.1. Overview
9.2.2. Financials
Global White Oil Market - Forecasts from 2017 to 2022

9.2.3. Products and Services
9.2.4. Recent Developments
9.3. Exxon Mobil Corporation
9.3.1. Overview
9.3.2. Financials
9.3.3. Products and Services
9.3.4. Recent Developments
9.4. Renkert Oil, Inc.
9.4.1. Overview
9.4.2. Financials
9.4.3. Products and Services
9.4.4. Recent Developments
9.5. Sonneborn, Inc.
9.5.1. Overview
9.5.2. Financials
9.5.3. Products and Services
9.5.4. Recent Developments
9.6. Seojin Chemical Co. Ltd.
9.6.1. Overview
9.6.2. Financials
9.6.3. Products and Services
9.6.4. Recent Developments
9.7. Nynas AB
9.7.1. Overview
9.7.2. Financials
9.7.3. Products and Services
9.7.4. Recent Developments
9.8. Petro-Canada
9.8.1. Overview
9.8.2. Financials
9.8.3. Products and Services
9.8.4. Recent Developments
9.9. Royal Dutch Shell N.V.
Global White Oil Market - Forecasts from 2017 to 2022


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