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
In 2024, the global market size of White Oils was estimated to be worth US$ 3499 million and is forecast to reach approximately 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.
Report Scope
This report aims to provide a comprehensive presentation of the global market for White Oils, 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.
The White Oils market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global White Oils market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the White Oils manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and regions.
By Company
Sasol
Shell
Exxon Mobil
Farabi Petrochem
Savita
Nippon Oil
CEPSA
Eni
H&R Group
SEOJIN CHEM
Sonneborn
MORESCO
KDOC
Atlas Setayesh Mehr
Gandhar Oil
FPCC
CNPC
Sinopec
ChemChina
Yitai Petro
Segment by Type
Industrial Grade
Cosmetic Grade
Food Grade
Pharmaceutical Grade
Segment by Application
Textile
Solvent Oil
Lubricants
Polystyrene and Other Polymers
Adhesive
Other
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Sales (consumption), revenue of White Oils in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 3: Detailed analysis of White Oils manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, White Oils sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: Introduces 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 14: Research Findings and Conclusion.
QYResearch's Strengths
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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Table of Contents
1 Study Coverage
1.1 White Oils Product Introduction
1.2 Market by Type
1.2.1 Global White Oils Market Size Growth Rate by Type (2020 VS 2024 VS 2031)
1.2.2 Industrial Grade
1.2.3 Cosmetic Grade
1.2.4 Food Grade
1.2.5 Pharmaceutical Grade
1.3 Market by Application
1.3.1 Global White Oils Market Size Growth Rate by Application (2020 VS 2024 VS 2031)
1.3.2 Textile
1.3.3 Solvent Oil
1.3.4 Lubricants
1.3.5 Polystyrene and Other Polymers
1.3.6 Adhesive
1.3.7 Other
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global White Oils Market Size Estimates and Forecasts
2.1.1 Global White Oils Revenue 2020-2031
2.1.2 Global White Oils Sales 2020-2031
2.2 White Oils Market Size by Region: 2024 Versus 2031
2.3 White Oils Sales by Region (2020-2031)
2.3.1 Global White Oils Sales by Region: 2020-2025
2.3.2 Global White Oils Sales Forecast by Region (2026-2031)
2.3.3 Global White Oils Sales Market Share by Region (2020-2031)
2.4 White Oils Market Estimates and Projections by Region (2026-2031)
2.4.1 Global White Oils Revenue by Region: 2020-2025
2.4.2 Global White Oils Revenue Forecast by Region (2026-2031)
2.4.3 Global White Oils Revenue Market Share by Region (2020-2031)
3 Market Segments
3.1 Breakdown Data by Type
3.1.1 Global White Oils Sales by Type (2020-2031)
3.1.1.1 Global White Oils Sales Volume by Type (2020-2031)
3.1.1.2 Global White Oils Sales Market Share by Type (2020-2031)
3.1.2 Global White Oils Revenue by Type (2020-2031)
3.1.2.1 Global White Oils Revenue by Type (2020-2031)
3.1.2.2 Global White Oils Revenue Market Share by Type (2020-2031)
3.1.3 White Oils Average Selling Price (ASP) by Type (2020-2031)
3.2 Breakdown Data by Application
3.2.1 Global White Oils Sales by Application (2020-2031)
3.2.1.1 Global White Oils Sales Volume by Application (2020-2031)
3.2.1.2 Global White Oils Sales Market Share by Application (2020-2031)
3.2.2 Global White Oils Revenue by Application (2020-2031)
3.2.2.1 Global White Oils Revenue by Application (2020-2031)
3.2.2.2 Global White Oils Revenue Market Share by Application (2020-2031)
3.2.3 White Oils Average Selling Price (ASP) by Application (2020-2031)
3.3 by Type and by Application Crossing Analysis
3.3.1 Industrial Grade of White Oils Revenue Market Share by Application
3.3.2 Cosmetic Grade of White Oils Revenue Market Share by Application
3.3.3 Food Grade of White Oils Revenue Market Share by Application
3.3.4 Pharmaceutical Grade of White Oils Revenue Market Share by Application
4 Global White Oils by Manufacturers
4.1 Global Top White Oils Manufacturers by Sales (2020-2025)
4.1.1 Global White Oils Sales by Manufacturer (2020-2025)
4.1.2 Global White Oils Sales Market Share by Manufacturer (2020-2025)
4.2 Global Top White Oils Manufacturers by Revenue (2020-2025)
4.2.1 Global White Oils Revenue by Manufacturer (2020-2025)
4.2.2 Global White Oils Revenue Share by Manufacturer (2020-2025)
4.3 Global White Oils Price by Manufacturer (2020-2025)
4.4 Competitive Landscape
4.4.1 Key White Oils Manufacturers Covered: Ranking by Revenue
4.4.2 Global White Oils Market Concentration Ratio (CR5 and HHI) & (2020-2025)
4.4.3 Global White Oils Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.5 Global White Oils Manufacturing Base Distribution, Product Type
4.5.1 White Oils Manufacturers Manufacturing Base Distribution, Headquarters
4.5.2 Date of International Manufacturers Enter into White Oils Market
4.5.3 Manufacturers White Oils Product Type and Application
4.5.4 Industrial Grade Market Sales of White Oils by Manufacturer
4.5.5 Cosmetic Grade Market Sales of White Oils by Manufacturer
4.5.6 Food Grade Market Sales of White Oils by Manufacturer
4.5.7 Pharmaceutical Grade Market Sales of White Oils by Manufacturer
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
5 Company Profiles
5.1 Sasol
5.1.1 Sasol Company Information
5.1.2 Sasol Description, Business Overview
5.1.3 Sasol White Oils Products Offered
5.1.4 Sasol White Oils Sales, Revenue and Gross Margin (2020-2025)
5.1.5 Sasol White Oils Sales by Product in 2024
5.1.6 Sasol White Oils Sales by Application in 2024
5.1.7 Sasol White Oils Sales by Geographic Area in 2024
5.1.8 Sasol Recent Developments
5.2 Shell
5.2.1 Shell Company Information
5.2.2 Shell Description, Business Overview
5.2.3 Shell White Oils Products Offered
5.2.4 Shell White Oils Sales, Revenue and Gross Margin (2020-2025)
5.2.5 Shell White Oils Sales by Product in 2024
5.2.6 Shell White Oils Sales by Application in 2024
5.2.7 Shell White Oils Sales by Geographic Area in 2024
5.2.8 Shell Recent Developments
5.3 Exxon Mobil
5.3.1 Exxon Mobil Company Information
5.3.2 Exxon Mobil Description, Business Overview
5.3.3 Exxon Mobil White Oils Products Offered
5.3.4 Exxon Mobil White Oils Sales, Revenue and Gross Margin (2020-2025)
5.3.5 Exxon Mobil White Oils Sales by Product in 2024
5.3.6 Exxon Mobil White Oils Sales by Application in 2024
5.3.7 Exxon Mobil White Oils Sales by Geographic Area in 2024
5.3.8 Exxon Mobil Recent Developments
5.4 Farabi Petrochem
5.4.1 Farabi Petrochem Company Information
5.4.2 Farabi Petrochem Description, Business Overview
5.4.3 Farabi Petrochem White Oils Products Offered
5.4.4 Farabi Petrochem White Oils Sales, Revenue and Gross Margin (2020-2025)
5.4.5 Farabi Petrochem White Oils Sales by Product in 2024
5.4.6 Farabi Petrochem White Oils Sales by Application in 2024
5.4.7 Farabi Petrochem White Oils Sales by Geographic Area in 2024
5.4.8 Farabi Petrochem Recent Developments
5.5 Savita
5.5.1 Savita Company Information
5.5.2 Savita Description, Business Overview
5.5.3 Savita White Oils Products Offered
5.5.4 Savita White Oils Sales, Revenue and Gross Margin (2020-2025)
5.5.5 Savita White Oils Sales by Product in 2024
5.5.6 Savita White Oils Sales by Application in 2024
5.5.7 Savita White Oils Sales by Geographic Area in 2024
5.5.8 Savita Recent Developments
5.6 Nippon Oil
5.6.1 Nippon Oil Company Information
5.6.2 Nippon Oil Description, Business Overview
5.6.3 Nippon Oil White Oils Products Offered
5.6.4 Nippon Oil White Oils Sales, Revenue and Gross Margin (2020-2025)
5.6.5 Nippon Oil White Oils Sales by Product in 2024
5.6.6 Nippon Oil White Oils Sales by Application in 2024
5.6.7 Nippon Oil White Oils Sales by Geographic Area in 2024
5.6.8 Nippon Oil Recent Developments
5.7 CEPSA
5.7.1 CEPSA Company Information
5.7.2 CEPSA Description, Business Overview
5.7.3 CEPSA White Oils Products Offered
5.7.4 CEPSA White Oils Sales, Revenue and Gross Margin (2020-2025)
5.7.5 CEPSA White Oils Sales by Product in 2024
5.7.6 CEPSA White Oils Sales by Application in 2024
5.7.7 CEPSA White Oils Sales by Geographic Area in 2024
5.7.8 CEPSA Recent Developments
5.8 Eni
5.8.1 Eni Company Information
5.8.2 Eni Description, Business Overview
5.8.3 Eni White Oils Products Offered
5.8.4 Eni White Oils Sales, Revenue and Gross Margin (2020-2025)
5.8.5 Eni White Oils Sales by Product in 2024
5.8.6 Eni White Oils Sales by Application in 2024
5.8.7 Eni White Oils Sales by Geographic Area in 2024
5.8.8 Eni Recent Developments
5.9 H&R Group
5.9.1 H&R Group Company Information
5.9.2 H&R Group Description, Business Overview
5.9.3 H&R Group White Oils Products Offered
5.9.4 H&R Group White Oils Sales, Revenue and Gross Margin (2020-2025)
5.9.5 H&R Group White Oils Sales by Product in 2024
5.9.6 H&R Group White Oils Sales by Application in 2024
5.9.7 H&R Group White Oils Sales by Geographic Area in 2024
5.9.8 H&R Group Recent Developments
5.10 SEOJIN CHEM
5.10.1 SEOJIN CHEM Company Information
5.10.2 SEOJIN CHEM Description, Business Overview
5.10.3 SEOJIN CHEM White Oils Products Offered
5.10.4 SEOJIN CHEM White Oils Sales, Revenue and Gross Margin (2020-2025)
5.10.5 SEOJIN CHEM White Oils Sales by Product in 2024
5.10.6 SEOJIN CHEM White Oils Sales by Application in 2024
5.10.7 SEOJIN CHEM White Oils Sales by Geographic Area in 2024
5.10.8 SEOJIN CHEM Recent Developments
5.11 Sonneborn
5.11.1 Sonneborn Company Information
5.11.2 Sonneborn Description, Business Overview
5.11.3 Sonneborn White Oils Products Offered
5.11.4 Sonneborn White Oils Sales, Revenue and Gross Margin (2020-2025)
5.11.5 Sonneborn White Oils Sales by Product in 2024
5.11.6 Sonneborn White Oils Sales by Application in 2024
5.11.7 Sonneborn White Oils Sales by Geographic Area in 2024
5.11.8 Sonneborn Recent Developments
5.12 MORESCO
5.12.1 MORESCO Company Information
5.12.2 MORESCO Description, Business Overview
5.12.3 MORESCO White Oils Products Offered
5.12.4 MORESCO White Oils Sales, Revenue and Gross Margin (2020-2025)
5.12.5 MORESCO White Oils Sales by Product in 2024
5.12.6 MORESCO White Oils Sales by Application in 2024
5.12.7 MORESCO White Oils Sales by Geographic Area in 2024
5.12.8 MORESCO Recent Developments
5.13 KDOC
5.13.1 KDOC Company Information
5.13.2 KDOC Description, Business Overview
5.13.3 KDOC White Oils Products Offered
5.13.4 KDOC White Oils Sales, Revenue and Gross Margin (2020-2025)
5.13.5 KDOC White Oils Sales by Product in 2024
5.13.6 KDOC White Oils Sales by Application in 2024
5.13.7 KDOC White Oils Sales by Geographic Area in 2024
5.13.8 KDOC Recent Developments
5.14 Atlas Setayesh Mehr
5.14.1 Atlas Setayesh Mehr Company Information
5.14.2 Atlas Setayesh Mehr Description, Business Overview
5.14.3 Atlas Setayesh Mehr White Oils Products Offered
5.14.4 Atlas Setayesh Mehr White Oils Sales, Revenue and Gross Margin (2020-2025)
5.14.5 Atlas Setayesh Mehr White Oils Sales by Product in 2024
5.14.6 Atlas Setayesh Mehr White Oils Sales by Application in 2024
5.14.7 Atlas Setayesh Mehr White Oils Sales by Geographic Area in 2024
5.14.8 Atlas Setayesh Mehr Recent Developments
5.15 Gandhar Oil
5.15.1 Gandhar Oil Company Information
5.15.2 Gandhar Oil Description, Business Overview
5.15.3 Gandhar Oil White Oils Products Offered
5.15.4 Gandhar Oil White Oils Sales, Revenue and Gross Margin (2020-2025)
5.15.5 Gandhar Oil White Oils Sales by Product in 2024
5.15.6 Gandhar Oil White Oils Sales by Application in 2024
5.15.7 Gandhar Oil White Oils Sales by Geographic Area in 2024
5.15.8 Gandhar Oil Recent Developments
5.16 FPCC
5.16.1 FPCC Company Information
5.16.2 FPCC Description, Business Overview
5.16.3 FPCC White Oils Products Offered
5.16.4 FPCC White Oils Sales, Revenue and Gross Margin (2020-2025)
5.16.5 FPCC White Oils Sales by Product in 2024
5.16.6 FPCC White Oils Sales by Application in 2024
5.16.7 FPCC White Oils Sales by Geographic Area in 2024
5.16.8 FPCC Recent Developments
5.17 CNPC
5.17.1 CNPC Company Information
5.17.2 CNPC Description, Business Overview
5.17.3 CNPC White Oils Products Offered
5.17.4 CNPC White Oils Sales, Revenue and Gross Margin (2020-2025)
5.17.5 CNPC White Oils Sales by Product in 2024
5.17.6 CNPC White Oils Sales by Application in 2024
5.17.7 CNPC White Oils Sales by Geographic Area in 2024
5.17.8 CNPC Recent Developments
5.18 Sinopec
5.18.1 Sinopec Company Information
5.18.2 Sinopec Description, Business Overview
5.18.3 Sinopec White Oils Products Offered
5.18.4 Sinopec White Oils Sales, Revenue and Gross Margin (2020-2025)
5.18.5 Sinopec White Oils Sales by Product in 2024
5.18.6 Sinopec White Oils Sales by Application in 2024
5.18.7 Sinopec White Oils Sales by Geographic Area in 2024
5.18.8 Sinopec Recent Developments
5.19 ChemChina
5.19.1 ChemChina Company Information
5.19.2 ChemChina Description, Business Overview
5.19.3 ChemChina White Oils Products Offered
5.19.4 ChemChina White Oils Sales, Revenue and Gross Margin (2020-2025)
5.19.5 ChemChina White Oils Sales by Product in 2024
5.19.6 ChemChina White Oils Sales by Application in 2024
5.19.7 ChemChina White Oils Sales by Geographic Area in 2024
5.19.8 ChemChina Recent Developments
5.20 Yitai Petro
5.20.1 Yitai Petro Company Information
5.20.2 Yitai Petro Description, Business Overview
5.20.3 Yitai Petro White Oils Products Offered
5.20.4 Yitai Petro White Oils Sales, Revenue and Gross Margin (2020-2025)
5.20.5 Yitai Petro White Oils Sales by Product in 2024
5.20.6 Yitai Petro White Oils Sales by Application in 2024
5.20.7 Yitai Petro White Oils Sales by Geographic Area in 2024
5.20.8 Yitai Petro Recent Developments
6 North America
6.1 North America White Oils Market Size YoY Growth 2020-2031
6.2 North America White Oils Market Facts & Figures by Country
6.2.1 North America White Oils Sales by Country (2020-2031)
6.2.2 North America White Oils Revenue by Country (2020-2031)
6.3 North America White Oils Sales by Type (2020-2025)
6.4 North America White Oils Sales by Application (2020-2025)
7 Asia-Pacific
7.1 Asia-Pacific White Oils Market Size YoY Growth 2020-2031
7.2 Asia-Pacific White Oils Market Facts & Figures by Region
7.2.1 Asia-Pacific White Oils Sales by Region (2020-2031)
7.2.2 Asia-Pacific White Oils Revenue by Region (2020-2031)
7.3 Asia-Pacific White Oils Sales by Type (2020-2025)
7.4 Asia-Pacific White Oils Sales by Application (2020-2025)
8 Europe
8.1 Europe White Oils Market Size YoY Growth 2020-2031
8.2 Europe White Oils Market Facts & Figures by Country
8.2.1 Europe White Oils Sales by Country (2020-2031)
8.2.2 Europe White Oils Revenue by Country (2020-2031)
8.3 Europe White Oils Sales by Type (2020-2025)
8.4 Europe White Oils Sales by Application (2020-2025)
9 Latin America
9.1 Latin America White Oils Market Size YoY Growth 2020-2031
9.2 Latin America White Oils Market Facts & Figures by Country
9.2.1 Latin America White Oils Sales by Country (2020-2031)
9.2.2 Latin America White Oils Revenue by Country (2020-2031)
9.3 Latin America White Oils Sales by Type (2020-2025)
9.4 Latin America White Oils Sales by Application (2020-2025)
10 Middle East and Africa
10.1 Latin America White Oils Market Size YoY Growth 2020-2031
10.2 Middle East and Africa White Oils Market Facts & Figures by Country
10.2.1 Middle East and Africa White Oils Sales by Country (2020-2031)
10.2.2 Middle East and Africa White Oils Revenue by Country (2020-2031)
10.3 Middle East and Africa White Oils Sales by Type (2020-2025)
10.4 Middle East and Africa White Oils Sales by Application (2020-2025)
11 Supply Chain and Sales Channel analysis
11.1 White Oils Supply Chain Analysis
11.2 White Oils Key Raw Materials and Upstream Suppliers
11.3 White Oils Clients Analysis
11.4 White Oils Sales Channel and Sales Model Analysis
11.4.1 White Oils Distribution Channel Analysis: Indirect Sales VS Direct Sales
11.4.2 White Oils Distribution Channel Analysis: Online Sales VS Offline Sales
11.4.3 White Oils Distributors
12 White Oils Market Dynamics
12.1 White Oils Industry Trends
12.2 White Oils Market Drivers
12.3 White Oils Market Challenges
12.4 White Oils Market Restraints
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
Table of Figures
List of Tables
List of Figures
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Published: 2025-09-10
Pages: 106
The global White Oils market is projected to grow from US$ 3499 million in 2024 to US$ 4262 million by 2031, at a CAGR of 2.9% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published: 2025-09-10
Pages: 171
The global market for White Oils was estimated to be worth US$ 3606 million in 2025 and is projected to reach US$ 4439 million, growing at a CAGR of 3.0% from 2026 to 2032.
Published: 2026-07-31
Pages: 164
The global White Oils market was valued at US$ 3606 million in 2025 and is anticipated to reach US$ 4439 million by 2032, at a CAGR of 3.0% from 2026 to 2032.
Published: 2026-07-31
Pages: 163
The global White Oils market size was US$ 3606 million in 2025 and is forecast to reach a readjusted size of US$ 4439 million by 2032 with a CAGR of 3.0% during the forecast period 2026-2032.
Published: 2026-07-31
Pages: 159
The global White Oils market is projected to grow from US$ 3606 million in 2025 to US$ 4439 million by 2032, at a CAGR of 3.0% (2026-2032), driven by critical product segments and diverse end‑use applications.
Published: 2026-07-31
Pages: 196
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