Global White Oil Market Report & Forecasts to 2023 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The "Global
White Oil Market – Forecasts from 2018 to 2023" report has been
added to ResearchAndMarkets.com's offering.
The global white oil market is expected to witness an exponential growth
at a CAGR of 3.86%. The market was valued at US$1.662 in 2017 and is
expected to reach US$2.064 billion by 2023, due to escalating demand for
personal care and pharmaceutical products, and polymers among others.
The global white oil market is divided into various segments on the
basis of purity of product for diverse consumption across various
verticals. The pharmaceutical grade segment is expected to grow at a
moderate CAGR due to a wide acceptance of white oil in the industry over
the forecast period.
The white oil market in pharmaceutical is projected to grow at a
significant rate over the next five years. The demand for white oil in
pharmaceutical is mainly driven by its increased application as a
lubricant in medical or pharmaceutical industry instruments, base
materials for oil and ointments and others.
Asia Pacific region was the major market for white oil in 2017
accounting for a significant share of the global white oils market.
North America region is also expected witness considerable demand for
white oil by personal care and cosmetics manufacturers owing to
technical advancements in production and product innovation.
Companies Mentioned
- China Petroleum & Chemical Corporation
- Exxon Mobil Corporation
- Sonneborn LLC
- EC21 Inc.
- Nynas AB
- Petro-Canada Lubricants Inc.
- Shell International B.V.
- Sasol
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global White Oil Market Forecast by Grade (US$ Billion)
6. Global White Oil Market Forecast by Industry (US$ Billion)
7. Global White Oil Market Forecast by Regions (US$ Billion)
8. Competitive Analysis
9. Major Global Companies
For more information about this report visit https://www.researchandmarkets.com/research/sm9wrw/global_white_oil?w=4
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Related
Topics: Plastic
Additives , Food
Additive Chemicals , Pharmaceutical
Intermediates