Global White Oils Market Growth 2025-2031

Global White Oils Market Growth 2025-2031

The global White Oils market size is predicted to grow from US$ 3423 million in 2025 to US$ 4089 million in 2031; it is expected to grow at a CAGR of 3.0% from 2025 to 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.

LP Information, Inc. (LPI) ' newest research report, the “White Oils Industry Forecast” looks at past sales and reviews total world White Oils sales in 2024, providing a comprehensive analysis by region and market sector of projected White Oils sales for 2025 through 2031. With White Oils sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world White Oils industry.

This Insight Report provides a comprehensive analysis of the global White Oils landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on White Oils portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global White Oils market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for White Oils and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global White Oils.

This report presents a comprehensive overview, market shares, and growth opportunities of White Oils market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Industrial Grade
Cosmetic Grade
Food Grade
Pharmaceutical Grade

Segmentation by Application:
Textile
Solvent Oil
Lubricants
Polystyrene and Other Polymers
Adhesive
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global White Oils market?

What factors are driving White Oils market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do White Oils market opportunities vary by end market size?

How does White Oils break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.