Europe White Oil Market Size, Share & Trends Analysis Report By Grade (Technical and Pharmaceutical), By Application (Cosmetics & Personal Care, Food, Pharmaceutical, Plastic & Polymer, Textile, and Others), By Country and Growth Forecast, 2024 - 2031
The Europe White Oil Market would witness market growth of 4.2% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 168.45 Kilo tonnes, showcasing a growth of 16.7% (2020-2024).
As a moisturizer, white oil helps to hydrate and soften the skin without clogging pores, making it a popular choice in lotions, creams, and body oils. Its ability to provide a smooth and non-greasy feel also enhances the sensory experience of cosmetic products. Thus, the Germany market utilized 12.91 kilo tonnes of white oil in Cosmetics & Personal Care in 2023.
The Germany market dominated the Europe White Oil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $81.4 Million by 2031. The UK market is exhibiting a CAGR of 4% during (2024 - 2031). Additionally, The France market would experience a CAGR of 4.6% during (2024 - 2031).
White oil is a food-grade processing aid employed in various food processing and packaging applications in the food and beverage industry. Its inert nature, odorlessness, and purity make it an ideal lubricant and release agent for food processing equipment, ensuring smooth operation and preventing product contamination.
Moreover, white oil also finds application as a release agent in food packaging materials, such as parchment paper, waxed paper, and food-grade films, where it helps facilitate product release and prevent sticking.
There is a growing trend among consumers in the UK towards healthier and cleaner food products. White oil, a refined and inert substance, may be perceived as a safer alternative to other food additives and processing aids. This consumer preference for cleaner labels and natural ingredients could contribute to the demand for white oil in the food sector.
Based on Grade, the market is segmented into Technical and Pharmaceutical. Based on Application, the market is segmented into Cosmetics & Personal Care, Food, Pharmaceutical, Plastic & Polymer, Textile, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Castrol Ltd. (BP P.L.C.)
- Sinopec Group (China Petrochemical Corporation)
- Eastman Chemical Company
- Exxon Mobil Corporation
- Lanxess AG
- Shell plc
- TotalEnergies SE
- Indian Oil Corporation Ltd.
- Sasol Limited
- Reliance Petrochem Industries (Pvt) Limited
By Grade (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Technical
- Pharmaceutical
- Cosmetics & Personal Care
- Food
- Pharmaceutical
- Plastic & Polymer
- Textile
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe White Oil Market, by Grade
- 1.4.2 Europe White Oil Market, by Application
- 1.4.3 Europe White Oil Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter’s Five Forces Analysis
- Chapter 4. Europe White Oil Market by Grade
- 4.1 Europe Technical Market by Country
- 4.2 Europe Pharmaceutical Market by Country
- Chapter 5. Europe White Oil Market by Application
- 5.1 Europe Cosmetics & Personal Care Market by Country
- 5.2 Europe Food Market by Country
- 5.3 Europe Pharmaceutical Market by Country
- 5.4 Europe Plastic & Polymer Market by Country
- 5.5 Europe Textile Market by Country
- 5.6 Europe Others Market by Country
- Chapter 6. Europe White Oil Market by Country
- 6.1 Germany White Oil Market
- 6.1.1 Germany White Oil Market by Grade
- 6.1.2 Germany White Oil Market by Application
- 6.2 UK White Oil Market
- 6.2.1 UK White Oil Market by Grade
- 6.2.2 UK White Oil Market by Application
- 6.3 France White Oil Market
- 6.3.1 France White Oil Market by Grade
- 6.3.2 France White Oil Market by Application
- 6.4 Russia White Oil Market
- 6.4.1 Russia White Oil Market by Grade
- 6.4.2 Russia White Oil Market by Application
- 6.5 Spain White Oil Market
- 6.5.1 Spain White Oil Market by Grade
- 6.5.2 Spain White Oil Market by Application
- 6.6 Italy White Oil Market
- 6.6.1 Italy White Oil Market by Grade
- 6.6.2 Italy White Oil Market by Application
- 6.7 Rest of Europe White Oil Market
- 6.7.1 Rest of Europe White Oil Market by Grade
- 6.7.2 Rest of Europe White Oil Market by Application
- Chapter 7. Company Profiles
- 7.1 Castrol Ltd. (BP P.L.C.)
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 SWOT Analysis
- 7.2 Sinopec Group (China Petrochemical Corporation)
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Research & Development Expenses
- 7.2.4 Recent strategies and developments:
- 7.2.4.1 Partnerships, Collaborations, and Agreements:
- 7.2.5 SWOT Analysis
- 7.3 Eastman Chemical Company
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expense
- 7.3.5 SWOT Analysis
- 7.4 Exxon Mobil Corporation
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expenses
- 7.4.5 SWOT Analysis
- 7.5 Lanxess AG
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expenses
- 7.5.5 SWOT Analysis
- 7.6 Shell plc
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 Research & Development Expenses
- 7.6.5 SWOT Analysis
- 7.7 TotalEnergies SE
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segmental and Regional Analysis
- 7.7.4 Research & Development Expenses
- 7.7.5 SWOT Analysis
- 7.8 Indian Oil Corporation Ltd.
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 Research & Development Expenses
- 7.8.5 SWOT Analysis
- 7.9 Sasol Limited
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Segmental and Regional Analysis
- 7.9.4 Research & Development Expenses
- 7.9.5 SWOT Analysis
- 7.10. Reliance Petrochem Industries (Pvt) Limited
- 7.10.1 Company Overview
- 7.10.2 SWOT Analysis
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