Market Overview:
The global white mineral oil market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for white mineral oil from various applications such as bakery products, dehydrated fruits and vegetables, egg white solids, frozen meat, yeast and others. North America is expected to dominate the global market during the forecast period owing to the presence of key players in this region.
Product Definition:
White Mineral Oil is a colorless and odorless oil that is made from refined crude oil. It is used as a lubricant, solvent, and carrier for other ingredients in cosmetics and personal care products.
0-50 Viscosity（40 º C）:
0-50 Viscosity 40 º C is a kind of white mineral oil, which has high flash point and low viscosity. It's produced by the fractionation process of heavy crude oil. The most important raw materials for manufacturing this product are Sibanye-Stillwater, Shell Bitumen and/or Synfuels bitumen.
50-100 Viscosity（40 º C）:
50-100 Viscosity）40 º C is the viscosity of white mineral oil, which has a high boiling point. It is used as an additive in diesel fuel to improve its lubricating properties and reduce smoke emission. The product also helps to increase fuel efficiency by reducing engine loadings, thus lowering combustion temperatures and increasing life expectancy of catalytic converters installed in the vehicles.
Application Insights:
Bakery products, dehydrated fruits and vegetables, egg white solids, frozen meat and yeast are the key application areas of the product. In terms of volume, bakery products dominated the global market with a share of 29.1% in 2017. The growth can be attributed to extensive usage as an ingredient in bread making flourishes across North America and Europe.
The use of white mineral oil as a carrier for encapsulation is gaining popularity owing to its high melting point (temperature) which helps maintain capsule integrity during processing & storage at room temperature (above 25°C).
Regional Analysis:
North America was the second-largest market for GWMO with a share of over 15.0% in 2017. The region is expected to witness significant growth over the forecast period owing to high consumption levels of bakery and yeast products, which require frequent stirring and heating during processing leading to increased use of GWMO as a stirrer, emulsifier, and thickener.
The European market also held a substantial share in terms of volume due to stringent regulations on synthetic chemical additives that are used as alternatives for natural ingredients such as mineral oil. Mineral oils have been widely used across several industries including food & beverage, pharmaceuticals, cosmetics among others owing to their non-toxic properties making it ideal for human consumption along with industrial applications such as machinery lubrication or metal surface treatment etc.
Growth Factors:
- Increasing demand from end-use industries such as cosmetics, pharmaceuticals, and food & beverages
- Rising awareness about the benefits of using white mineral oil among consumers
- Growing investments by leading players in research and development to develop new products
- Expansion of distribution channels by key players to reach a wider customer base
- Emergence of new applications for white mineral oil in various end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
White Mineral Oil Market Research Report
By Type
0-50 Viscosity（40 º C）, 50-100 Viscosity（40 º C）, 100-150 Viscosity（40 º C）
By Application
Bakery Products, Dehydrated Fruits and Vegetables, Egg White Solids, Frozen Meat, Yeast, Others
By Companies
Sasol, Shell, Exxon Mobil, Farabi Petrochem, Savita, Nippon Oil, CEPSA, SEOJIN CHEM, Sonneborn, MORESCO, KDOC, Atlas Setayesh Mehr, Gandhar Oil, FPCC, UNICORN, Sovereign, CNPC, Sinopec, ChemChina, Yitai Petro, APAR
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global White Mineral Oil Market Report Segments:
The global White Mineral Oil market is segmented on the basis of:
Types
0-50 Viscosity（40 º C）, 50-100 Viscosity（40 º C）, 100-150 Viscosity（40 º C）
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bakery Products, Dehydrated Fruits and Vegetables, Egg White Solids, Frozen Meat, Yeast, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sasol
- Shell
- Exxon Mobil
- Farabi Petrochem
- Savita
- Nippon Oil
- CEPSA
- SEOJIN CHEM
- Sonneborn
- MORESCO
- KDOC
- Atlas Setayesh Mehr
- Gandhar Oil
- FPCC
- UNICORN
- Sovereign
- CNPC
- Sinopec
- ChemChina
- Yitai Petro
- APAR
Highlights of The White Mineral Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 0-50 Viscosity（40 º C）
- 50-100 Viscosity（40 º C）
- 100-150 Viscosity（40 º C）
- By Application:
- Bakery Products
- Dehydrated Fruits and Vegetables
- Egg White Solids
- Frozen Meat
- Yeast
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the White Mineral Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
White mineral oil is a petroleum-based product that is used as a lubricant, emulsifier, and dispersant. It can be found in many beauty products, including hair care products and skin care products.
Some of the major players in the white mineral oil market are Sasol, Shell, Exxon Mobil, Farabi Petrochem, Savita, Nippon Oil, CEPSA, SEOJIN CHEM, Sonneborn, MORESCO, KDOC, Atlas Setayesh Mehr, Gandhar Oil, FPCC, UNICORN, Sovereign, CNPC, Sinopec, ChemChina, Yitai Petro, APAR.
The white mineral oil market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 White Mineral Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 White Mineral Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 White Mineral Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the White Mineral Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global White Mineral Oil Market Size & Forecast, 2018-2028
4.5.1 White Mineral Oil Market Size and Y-o-Y Growth
4.5.2 White Mineral Oil Market Absolute $ Opportunity
Chapter 5 Global White Mineral Oil Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 White Mineral Oil Market Size Forecast by Type
5.2.1 0-50 Viscosity（40 º C）
5.2.2 50-100 Viscosity（40 º C）
5.2.3 100-150 Viscosity（40 º C）
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global White Mineral Oil Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 White Mineral Oil Market Size Forecast by Applications
6.2.1 Bakery Products
6.2.2 Dehydrated Fruits and Vegetables
6.2.3 Egg White Solids
6.2.4 Frozen Meat
6.2.5 Yeast
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global White Mineral Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 White Mineral Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America White Mineral Oil Analysis and Forecast
9.1 Introduction
9.2 North America White Mineral Oil Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America White Mineral Oil Market Size Forecast by Type
9.6.1 0-50 Viscosity（40 º C）
9.6.2 50-100 Viscosity（40 º C）
9.6.3 100-150 Viscosity（40 º C）
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America White Mineral Oil Market Size Forecast by Applications
9.10.1 Bakery Products
9.10.2 Dehydrated Fruits and Vegetables
9.10.3 Egg White Solids
9.10.4 Frozen Meat
9.10.5 Yeast
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe White Mineral Oil Analysis and Forecast
10.1 Introduction
10.2 Europe White Mineral Oil Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe White Mineral Oil Market Size Forecast by Type
10.6.1 0-50 Viscosity（40 º C）
10.6.2 50-100 Viscosity（40 º C）
10.6.3 100-150 Viscosity（40 º C）
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe White Mineral Oil Market Size Forecast by Applications
10.10.1 Bakery Products
10.10.2 Dehydrated Fruits and Vegetables
10.10.3 Egg White Solids
10.10.4 Frozen Meat
10.10.5 Yeast
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific White Mineral Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific White Mineral Oil Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific White Mineral Oil Market Size Forecast by Type
11.6.1 0-50 Viscosity（40 º C）
11.6.2 50-100 Viscosity（40 º C）
11.6.3 100-150 Viscosity（40 º C）
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific White Mineral Oil Market Size Forecast by Applications
11.10.1 Bakery Products
11.10.2 Dehydrated Fruits and Vegetables
11.10.3 Egg White Solids
11.10.4 Frozen Meat
11.10.5 Yeast
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America White Mineral Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America White Mineral Oil Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America White Mineral Oil Market Size Forecast by Type
12.6.1 0-50 Viscosity（40 º C）
12.6.2 50-100 Viscosity（40 º C）
12.6.3 100-150 Viscosity（40 º C）
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America White Mineral Oil Market Size Forecast by Applications
12.10.1 Bakery Products
12.10.2 Dehydrated Fruits and Vegetables
12.10.3 Egg White Solids
12.10.4 Frozen Meat
12.10.5 Yeast
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) White Mineral Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) White Mineral Oil Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) White Mineral Oil Market Size Forecast by Type
13.6.1 0-50 Viscosity（40 º C）
13.6.2 50-100 Viscosity（40 º C）
13.6.3 100-150 Viscosity（40 º C）
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) White Mineral Oil Market Size Forecast by Applications
13.10.1 Bakery Products
13.10.2 Dehydrated Fruits and Vegetables
13.10.3 Egg White Solids
13.10.4 Frozen Meat
13.10.5 Yeast
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 White Mineral Oil Market: Competitive Dashboard
14.2 Global White Mineral Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sasol
14.3.2 Shell
14.3.3 Exxon Mobil
14.3.4 Farabi Petrochem
14.3.5 Savita
14.3.6 Nippon Oil
14.3.7 CEPSA
14.3.8 SEOJIN CHEM
14.3.9 Sonneborn
14.3.10 MORESCO
14.3.11 KDOC
14.3.12 Atlas Setayesh Mehr
14.3.13 Gandhar Oil
14.3.14 FPCC
14.3.15 UNICORN
14.3.16 Sovereign
14.3.17 CNPC
14.3.18 Sinopec
14.3.19 ChemChina
14.3.20 Yitai Petro
14.3.21 APAR
