Market Overview:
The global petrolatum market is expected to reach USD XX million by 2030, at a CAGR of XX% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for personal care and cosmetics products. In addition, the increasing demand for pharmaceuticals is also contributing to the growth of this market. Based on type, white petrolatum accounted for a major share of the global petrolatum market in 2017. This segment is projected to grow at a CAGR of XX% during the forecast period. Yellow petrolatum is also expected to grow at a healthy rate during the forecast period owing to its growing use in personal care products and cosmetics applications. Based on application, cosmetics held a major share of the global petrolatum market in 2017 and it is projected to grow at a CAGR of XX%. Personal care products are also anticipated to witness high growth rates duringthe forecast period due their growing use across regions.
Product Definition:
A viscous, colorless or yellowish semisolid mixture of hydrocarbons obtained from petroleum, used especially as a lubricant, cutting fluid, or in the manufacture of cosmetics and pharmaceuticals.
White Petrolatum:
White petrolatum, also known as lecithin, is a waxy solid substance found in the cell walls of plants and animals. It consists of phospholipids (fatty acids with phosphorus) and is obtained from the distillation or fractionation process of petroleum. The major function performed by white petrolatum in petrochemical products is to act as an emulsifier or binder which helps them to keep their shape & consistency during processing & transportation.
Yellow Petrolatum:
Yellow petrolatum is a transparent, semi-solid form of petrolatum (a type of mineral oil). It has a very strong odor like cooked fat. It is often found in the form of waxy flakes and can be easily applied to the skin. The major function of yellow petrolatum is to act as an emulsifier or binder for ointments, lotions and creams.
Application Insights:
The global petrolatum market is segmented by application into cosmetics, personal care products and pharmaceuticals. The personal care products segment dominated the overall industry in 2017, accounting for over 60% of the total revenue share. This can be attributed to growing demand for petrolatum-based creams & ointments as an alternative to mineral oil which has been under much criticism due to its environmental impact.
Petrolatum-based creams are gaining popularity owing to their non-comedogenic property which prevents pore clogging and skin irritation caused due Petrolatte (a blend of yellow petrochemical lard and white petroleum jelly). Increasing awareness regarding healthy skin is driving consumers towards natural skincare ingredients that are free from harmful chemicals such as parabens, phthalates etc., leading towards higher demand for these ingredients derived from renewable sources such as plant or animal fats like petrochemicals.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The region comprises emerging economies, such as China, India, Thailand and South Korea. Increasing population coupled with rising living standards have spurred product demand from personal care products sector in this region.
China is one of the largest consumers of petrolatum due to its large cosmetics industry that caters to a large customer base across various countries including Japan, Hong Kong and Singapore among others.
Growth Factors:
- Increasing demand for personal care products
- Rising awareness about the benefits of using petrolatum-based products
- Growing popularity of natural and organic skin care products
- Proliferation of online retail channels
- Expansion of distribution networks by key players
Scope Of The Report
Report Attributes
Report Details
Report Title
Petrolatum Market Research Report
By Type
White Petrolatum, Yellow Petrolatum
By Application
Cosmetics, Personal Care Products, Pharmaceutical
By Companies
Anika Laboratories, Grand Brands, HEALDERM HELLAS, Royal Exports, Unilever
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Petrolatum Market Report Segments:
The global Petrolatum market is segmented on the basis of:
Types
White Petrolatum, Yellow Petrolatum
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
Cosmetics, Personal Care Products, Pharmaceutical
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:
- Anika Laboratories
- Grand Brands
- HEALDERM HELLAS
- Royal Exports
- Unilever
Highlights of The Petrolatum 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:
- White Petrolatum
- Yellow Petrolatum
- By Application:
- Cosmetics
- Personal Care Products
- Pharmaceutical
- 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 Petrolatum 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- 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?
Petrolatum is a type of petroleum jelly. It is a white, thick substance that can be used as an emollient or lubricant.
Some of the key players operating in the petrolatum market are Anika Laboratories, Grand Brands, HEALDERM HELLAS, Royal Exports, Unilever.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Petrolatum Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Petrolatum Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Petrolatum Market - Supply Chain
4.5. Global Petrolatum Market Forecast
4.5.1. Petrolatum Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Petrolatum Market Size (000 Units) and Y-o-Y Growth
4.5.3. Petrolatum Market Absolute $ Opportunity
5. Global Petrolatum Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Petrolatum Market Size and Volume Forecast by Type
5.3.1. White Petrolatum
5.3.2. Yellow Petrolatum
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Petrolatum Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Petrolatum Market Size and Volume Forecast by Application
6.3.1. Cosmetics
6.3.2. Personal Care Products
6.3.3. Pharmaceutical
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Petrolatum Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Petrolatum Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Petrolatum Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Petrolatum Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Petrolatum Demand Share Forecast, 2019-2026
9. North America Petrolatum Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Petrolatum Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Petrolatum Market Size and Volume Forecast by Application
9.4.1. Cosmetics
9.4.2. Personal Care Products
9.4.3. Pharmaceutical
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Petrolatum Market Size and Volume Forecast by Type
9.7.1. White Petrolatum
9.7.2. Yellow Petrolatum
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Petrolatum Demand Share Forecast, 2019-2026
10. Latin America Petrolatum Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Petrolatum Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Petrolatum Market Size and Volume Forecast by Application
10.4.1. Cosmetics
10.4.2. Personal Care Products
10.4.3. Pharmaceutical
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Petrolatum Market Size and Volume Forecast by Type
10.7.1. White Petrolatum
10.7.2. Yellow Petrolatum
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Petrolatum Demand Share Forecast, 2019-2026
11. Europe Petrolatum Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Petrolatum Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Petrolatum Market Size and Volume Forecast by Application
11.4.1. Cosmetics
11.4.2. Personal Care Products
11.4.3. Pharmaceutical
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Petrolatum Market Size and Volume Forecast by Type
11.7.1. White Petrolatum
11.7.2. Yellow Petrolatum
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Petrolatum Demand Share, 2019-2026
12. Asia Pacific Petrolatum Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Petrolatum Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Petrolatum Market Size and Volume Forecast by Application
12.4.1. Cosmetics
12.4.2. Personal Care Products
12.4.3. Pharmaceutical
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Petrolatum Market Size and Volume Forecast by Type
12.7.1. White Petrolatum
12.7.2. Yellow Petrolatum
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Petrolatum Demand Share, 2019-2026
13. Middle East & Africa Petrolatum Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Petrolatum Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Petrolatum Market Size and Volume Forecast by Application
13.4.1. Cosmetics
13.4.2. Personal Care Products
13.4.3. Pharmaceutical
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Petrolatum Market Size and Volume Forecast by Type
13.7.1. White Petrolatum
13.7.2. Yellow Petrolatum
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Petrolatum Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Petrolatum Market: Market Share Analysis
14.2. Petrolatum Distributors and Customers
14.3. Petrolatum Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Anika Laboratories
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Grand Brands
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. HEALDERM HELLAS
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Royal Exports
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Unilever
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook