India White Oil Market Report and Forecast 2023-2028

India White Oil Market Report and Forecast 2023-2028


Market Outlook

According to the report by Expert Market Research (EMR), the India white oil market is projected to grow at a CAGR of 1.80% between 2023 and 2028. Aided by the growing use of white oil in a myriad of industries and the increasing demand for high-quality consumer products, the market is expected to grow significantly by 2028.

White oil, also known as mineral oil, is a colourless and odourless distillate of petroleum. It is widely used in various applications, including cosmetics, pharmaceuticals, food processing, and plastic and polymer manufacturing. Its high purity, stability, and performance-enhancing properties make it an essential ingredient in numerous industrial and consumer products.

The escalating consumer demand for superior quality personal care and cosmetic products is a primary catalyst for the India white oil market growth. With increased awareness and higher disposable income, consumers are more inclined towards products that offer advanced benefits and improved quality. White oil, being hypoallergenic, non-comedogenic, and moisture retentive, is widely used in the formulation of lotions, creams, lip balms, and other cosmetic products, stimulating its demand in the market.

Further, the broadening applications of white oil across diverse industries significantly contribute to the India white oil market expansion. In the pharmaceutical sector, white oil serves as a lubricant, coating agent, and constipation reliever. Its high-temperature stability and low volatility make it ideal for use in polymer and plastic manufacturing as a processing aid and extender oil. Additionally, its food-grade variants find applications as release agents and anti-foaming agents in the food processing industry.

The ongoing advancements in product formulation techniques, combined with a heightened focus on the development of high-performance and eco-friendly products, are also expected to fuel the India white oil market demand. As manufacturers continue to innovate and adopt sustainable production practices, the demand for white oil, which aligns with these new product formulation trends, is set to increase.

Moreover, the rapid industrialisation and urbanisation in India have led to a surge in the demand for various consumer and industrial products, aiding the India white oil market growth. As these sectors grow, the consumption of white oil, a critical component in the production of many such goods, is projected to rise correspondingly.

Market Segmentation

The market can be divided based on grade, viscosity, end use, source, and region.

Market Breakup by Grade
  • Food
  • Pharma
  • Technical
Market Breakup by Viscosity
  • Low Viscosity
  • Medium Viscosity
  • Large Viscosity
Market Breakup by End Use
  • Personal Care and Cosmetics
  • Pharmaceuticals
  • Food Industry
  • Textile
  • Plastics and Polymers
  • Others
Market Breakup by Source
  • Domestic
  • Import
Market Breakup by Region
  • North India
  • East India
  • West India
  • South India
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the India white oil companies. Some of the major key players explored in the report by Expert Market Research are as follows:
  • APAR Industries Ltd.
  • Savita Oil
  • Nandan Petrochem Ltd.
  • Adinath Chemicals
  • Eastern Petroleum Pvt. Ltd.
  • Raj Petro Specialties Pvt. Ltd.
  • Bharat Petroleum Corporation Ltd.
  • Gandhar Oil Refinery (India) Limited
  • Columbia Petro Chem Pvt. Ltd.
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 India White Oil Market Overview
8.1 Key Industry Highlights
8.2 India White Oil Historical Market (2018-2022)
8.3 India White Oil Market Forecast (2023-2028)
9 India White Oil Market by Grade
9.1 Food
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Pharma
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.3 Technical
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
10 India White Oil Market by Viscosity
10.1 Low Viscosity
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Medium Viscosity
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 Large Viscosity
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
11 India White Oil Market by End Use
11.1 Personal Care and Cosmetics
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Pharmaceuticals
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 Food Industry
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 Textile
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Plastics and Polymers
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 India White Oil Market by Source
12.1 Domestic
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Import
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
13 India White Oil Market by Region
13.1 North India
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 East India
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 West India
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South India
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 White Oil Manufacturing Process
17.1 Product Overview
17.2 Raw Material Requirements
17.3 Manufacturing Process
17.4 Key Success and Risk Factors
18 Project Details and Cost Analysis
18.1 Land, Location and Site Development
18.2 Construction
18.3 Plant Layout
18.4 Plant Machinery
18.5 Raw Material Requirement
18.6 Packaging
18.7 Transportation
18.8 Utilities
18.9 Manpower
18.10 Other Capital Investment
19 Customer Analysis
20 Competitive Landscape
20.1 Market Structure
20.2 Company Profiles
20.2.1 APAR Industries Ltd.
20.2.1.1 Company Overview
20.2.1.2 Product Portfolio
20.2.1.3 Demographic Reach and Achievements
20.2.1.4 Certifications
20.2.2 Savita Oil
20.2.2.1 Company Overview
20.2.2.2 Product Portfolio
20.2.2.3 Demographic Reach and Achievements
20.2.2.4 Certifications
20.2.3 Nandan Petrochem Ltd.
20.2.3.1 Company Overview
20.2.3.2 Product Portfolio
20.2.3.3 Demographic Reach and Achievements
20.2.3.4 Certifications
20.2.4 Adinath Chemicals
20.2.4.1 Company Overview
20.2.4.2 Product Portfolio
20.2.4.3 Demographic Reach and Achievements
20.2.4.4 Certifications
20.2.5 Eastern Petroleum Pvt. Ltd.
20.2.5.1 Company Overview
20.2.5.2 Product Portfolio
20.2.5.3 Demographic Reach and Achievements
20.2.5.4 Certifications
20.2.6 Raj Petro Specialties Pvt. Ltd.
20.2.6.1 Company Overview
20.2.6.2 Product Portfolio
20.2.6.3 Demographic Reach and Achievements
20.2.6.4 Certifications
20.2.7 Bharat Petroleum Corporation Ltd.
20.2.7.1 Company Overview
20.2.7.2 Product Portfolio
20.2.7.3 Demographic Reach and Achievements
20.2.7.4 Certifications
20.2.8 Gandhar Oil Refinery (India) Limited
20.2.8.1 Company Overview
20.2.8.2 Product Portfolio
20.2.8.3 Demographic Reach and Achievements
20.2.8.4 Certifications
20.2.9 Columbia Petro Chem Pvt. Ltd.
20.2.9.1 Company Overview
20.2.9.2 Product Portfolio
20.2.9.3 Demographic Reach and Achievements
20.2.9.4 Certifications
20.2.10 Others
21 Key Trends and Developments in the Market
22 Recommendations and Discussion
22.1 Awareness and Perception of Leading Brands
22.2 Pricing Strategies
22.3 Key Segment to Target
List of Key Figures and Tables
1. India White Oil Market: Key Industry Highlights, 2018 and 2028
2. India White Oil Historical Market: Breakup by Grade (USD Million), 2018-2022
3. India White Oil Market Forecast: Breakup by Grade (USD Million), 2023-2028
4. India White Oil Historical Market: Breakup by Velocity (USD Million), 2018-2022
5. India White Oil Market Forecast: Breakup by Velocity (USD Million), 2023-2028
6. India White Oil Historical Market: Breakup by End Use (USD Million), 2018-2022
7. India White Oil Market Forecast: Breakup by End Use (USD Million), 2023-2028
8. India White Oil Historical Market: Breakup by Source (USD Million), 2018-2022
9. India White Oil Market Forecast: Breakup by Source (USD Million), 2023-2028
10. India White Oil Historical Market: Breakup by Region (USD Million), 2018-2022
11. India White Oil Market Forecast: Breakup by Region (USD Million), 2023-2028
12. India White Oil Market Structure

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