White Oils Market Size(US$)

CAGR 2025-2031
2.9%
Market Size,2031
USD 4,262
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for White Oils was estimated to be worth US$ 3499 million in 2024 and is forecast to a readjusted size of US$ 4262 million by 2031 with a CAGR of 2.9% during the forecast period 2025-2031.
White Oil (sometimes also called Base Oil, White Mineral Oil, Liquid Paraffin Wax, Normal Paraffin, etc.) is a transparent, colourless, odourless, or almost odourless, oily liquid composed of saturated hydrocarbons came from petroleum, coal or natural gas etc. It is a complex composition of hydrocarbons and consists mainly of mixtures of straight-chain alkanes.
Global White Oils key players include Sasol, Shell, Exxon Mobil, CNPC, Sinopec, etc. Global top five manufacturers hold a share about 40%.
Asia-Pacific is the largest market, with a share about 50%, followed by Europe and North America, both have a share about 40 percent.
In terms of product, Industrial Grade is the largest segment, with a share over 65%. And in terms of application, the largest application is Textile, followed by Solvent Oil.
This report aims to provide a comprehensive presentation of the global market for White Oils, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of White Oils by region & country, by Type, and by Application.
The White Oils market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding White Oils.
Market Segmentation
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of White Oils manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of White Oils in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of White Oils in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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Table of Contents
1 Market Overview
1.1 White Oils Product Introduction
1.2 Global White Oils Market Size Forecast
1.2.1 Global White Oils Sales Value (2020-2031)
1.2.2 Global White Oils Sales Volume (2020-2031)
1.2.3 Global White Oils Sales Price (2020-2031)
1.3 White Oils Market Trends & Drivers
1.3.1 White Oils Industry Trends
1.3.2 White Oils Market Drivers & Opportunity
1.3.3 White Oils Market Challenges
1.3.4 White Oils Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global White Oils Players Revenue Ranking (2024)
2.2 Global White Oils Revenue by Company (2020-2025)
2.3 Global White Oils Players Sales Volume Ranking (2024)
2.4 Global White Oils Sales Volume by Company Players (2020-2025)
2.5 Global White Oils Average Price by Company (2020-2025)
2.6 Key Manufacturers White Oils Manufacturing Base and Headquarters
2.7 Key Manufacturers White Oils Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of White Oils
2.9 White Oils Market Competitive Analysis
2.9.1 White Oils Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by White Oils Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in White Oils as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Industrial Grade
3.1.2 Cosmetic Grade
3.1.3 Food Grade
3.1.4 Pharmaceutical Grade
3.2 Global White Oils Sales Value by Type
3.2.1 Global White Oils Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global White Oils Sales Value, by Type (2020-2031)
3.2.3 Global White Oils Sales Value, by Type (%) (2020-2031)
3.3 Global White Oils Sales Volume by Type
3.3.1 Global White Oils Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global White Oils Sales Volume, by Type (2020-2031)
3.3.3 Global White Oils Sales Volume, by Type (%) (2020-2031)
3.4 Global White Oils Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Textile
4.1.2 Solvent Oil
4.1.3 Lubricants
4.1.4 Polystyrene and Other Polymers
4.1.5 Adhesive
4.1.6 Other
4.2 Global White Oils Sales Value by Application
4.2.1 Global White Oils Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global White Oils Sales Value, by Application (2020-2031)
4.2.3 Global White Oils Sales Value, by Application (%) (2020-2031)
4.3 Global White Oils Sales Volume by Application
4.3.1 Global White Oils Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global White Oils Sales Volume, by Application (2020-2031)
4.3.3 Global White Oils Sales Volume, by Application (%) (2020-2031)
4.4 Global White Oils Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global White Oils Sales Value by Region
5.1.1 Global White Oils Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global White Oils Sales Value by Region (2020-2025)
5.1.3 Global White Oils Sales Value by Region (2026-2031)
5.1.4 Global White Oils Sales Value by Region (%), (2020-2031)
5.2 Global White Oils Sales Volume by Region
5.2.1 Global White Oils Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global White Oils Sales Volume by Region (2020-2025)
5.2.3 Global White Oils Sales Volume by Region (2026-2031)
5.2.4 Global White Oils Sales Volume by Region (%), (2020-2031)
5.3 Global White Oils Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America White Oils Sales Value, 2020-2031
5.4.2 North America White Oils Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe White Oils Sales Value, 2020-2031
5.5.2 Europe White Oils Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific White Oils Sales Value, 2020-2031
5.6.2 Asia Pacific White Oils Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America White Oils Sales Value, 2020-2031
5.7.2 South America White Oils Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa White Oils Sales Value, 2020-2031
5.8.2 Middle East & Africa White Oils Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions White Oils Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions White Oils Sales Value
6.2.1 Key Countries/Regions White Oils Sales Value, 2020-2031
6.2.2 Key Countries/Regions White Oils Sales Volume, 2020-2031
6.3 United States
6.3.1 United States White Oils Sales Value, 2020-2031
6.3.2 United States White Oils Sales Value by Type (%), 2024 VS 2031
6.3.3 United States White Oils Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe White Oils Sales Value, 2020-2031
6.4.2 Europe White Oils Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe White Oils Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China White Oils Sales Value, 2020-2031
6.5.2 China White Oils Sales Value by Type (%), 2024 VS 2031
6.5.3 China White Oils Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan White Oils Sales Value, 2020-2031
6.6.2 Japan White Oils Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan White Oils Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea White Oils Sales Value, 2020-2031
6.7.2 South Korea White Oils Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea White Oils Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia White Oils Sales Value, 2020-2031
6.8.2 Southeast Asia White Oils Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia White Oils Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India White Oils Sales Value, 2020-2031
6.9.2 India White Oils Sales Value by Type (%), 2024 VS 2031
6.9.3 India White Oils Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Sasol
7.1.1 Sasol Company Information
7.1.2 Sasol Introduction and Business Overview
7.1.3 Sasol White Oils Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Sasol White Oils Product Offerings
7.1.5 Sasol Recent Development
7.2 Shell
7.2.1 Shell Company Information
7.2.2 Shell Introduction and Business Overview
7.2.3 Shell White Oils Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Shell White Oils Product Offerings
7.2.5 Shell Recent Development
7.3 Exxon Mobil
7.3.1 Exxon Mobil Company Information
7.3.2 Exxon Mobil Introduction and Business Overview
7.3.3 Exxon Mobil White Oils Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Exxon Mobil White Oils Product Offerings
7.3.5 Exxon Mobil Recent Development
7.4 Farabi Petrochem
7.4.1 Farabi Petrochem Company Information
7.4.2 Farabi Petrochem Introduction and Business Overview
7.4.3 Farabi Petrochem White Oils Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Farabi Petrochem White Oils Product Offerings
7.4.5 Farabi Petrochem Recent Development
7.5 Savita
7.5.1 Savita Company Information
7.5.2 Savita Introduction and Business Overview
7.5.3 Savita White Oils Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Savita White Oils Product Offerings
7.5.5 Savita Recent Development
7.6 Nippon Oil
7.6.1 Nippon Oil Company Information
7.6.2 Nippon Oil Introduction and Business Overview
7.6.3 Nippon Oil White Oils Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Nippon Oil White Oils Product Offerings
7.6.5 Nippon Oil Recent Development
7.7 CEPSA
7.7.1 CEPSA Company Information
7.7.2 CEPSA Introduction and Business Overview
7.7.3 CEPSA White Oils Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 CEPSA White Oils Product Offerings
7.7.5 CEPSA Recent Development
7.8 Eni
7.8.1 Eni Company Information
7.8.2 Eni Introduction and Business Overview
7.8.3 Eni White Oils Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Eni White Oils Product Offerings
7.8.5 Eni Recent Development
7.9 H&R Group
7.9.1 H&R Group Company Information
7.9.2 H&R Group Introduction and Business Overview
7.9.3 H&R Group White Oils Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 H&R Group White Oils Product Offerings
7.9.5 H&R Group Recent Development
7.10 SEOJIN CHEM
7.10.1 SEOJIN CHEM Company Information
7.10.2 SEOJIN CHEM Introduction and Business Overview
7.10.3 SEOJIN CHEM White Oils Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 SEOJIN CHEM White Oils Product Offerings
7.10.5 SEOJIN CHEM Recent Development
7.11 Sonneborn
7.11.1 Sonneborn Company Information
7.11.2 Sonneborn Introduction and Business Overview
7.11.3 Sonneborn White Oils Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Sonneborn White Oils Product Offerings
7.11.5 Sonneborn Recent Development
7.12 MORESCO
7.12.1 MORESCO Company Information
7.12.2 MORESCO Introduction and Business Overview
7.12.3 MORESCO White Oils Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 MORESCO White Oils Product Offerings
7.12.5 MORESCO Recent Development
7.13 KDOC
7.13.1 KDOC Company Information
7.13.2 KDOC Introduction and Business Overview
7.13.3 KDOC White Oils Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 KDOC White Oils Product Offerings
7.13.5 KDOC Recent Development
7.14 Atlas Setayesh Mehr
7.14.1 Atlas Setayesh Mehr Company Information
7.14.2 Atlas Setayesh Mehr Introduction and Business Overview
7.14.3 Atlas Setayesh Mehr White Oils Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Atlas Setayesh Mehr White Oils Product Offerings
7.14.5 Atlas Setayesh Mehr Recent Development
7.15 Gandhar Oil
7.15.1 Gandhar Oil Company Information
7.15.2 Gandhar Oil Introduction and Business Overview
7.15.3 Gandhar Oil White Oils Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Gandhar Oil White Oils Product Offerings
7.15.5 Gandhar Oil Recent Development
7.16 FPCC
7.16.1 FPCC Company Information
7.16.2 FPCC Introduction and Business Overview
7.16.3 FPCC White Oils Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 FPCC White Oils Product Offerings
7.16.5 FPCC Recent Development
7.17 CNPC
7.17.1 CNPC Company Information
7.17.2 CNPC Introduction and Business Overview
7.17.3 CNPC White Oils Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 CNPC White Oils Product Offerings
7.17.5 CNPC Recent Development
7.18 Sinopec
7.18.1 Sinopec Company Information
7.18.2 Sinopec Introduction and Business Overview
7.18.3 Sinopec White Oils Sales, Revenue, Price and Gross Margin (2020-2025)
7.18.4 Sinopec White Oils Product Offerings
7.18.5 Sinopec Recent Development
7.19 ChemChina
7.19.1 ChemChina Company Information
7.19.2 ChemChina Introduction and Business Overview
7.19.3 ChemChina White Oils Sales, Revenue, Price and Gross Margin (2020-2025)
7.19.4 ChemChina White Oils Product Offerings
7.19.5 ChemChina Recent Development
7.20 Yitai Petro
7.20.1 Yitai Petro Company Information
7.20.2 Yitai Petro Introduction and Business Overview
7.20.3 Yitai Petro White Oils Sales, Revenue, Price and Gross Margin (2020-2025)
7.20.4 Yitai Petro White Oils Product Offerings
7.20.5 Yitai Petro Recent Development
8 Industry Chain Analysis
8.1 White Oils Industrial Chain
8.2 White Oils Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 White Oils Sales Model
8.5.2 Sales Channel
8.5.3 White Oils Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
Table of Figures
List of Tables
List of Figures
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