白油市场－全球产业规模、份额、趋势、机会与预测，按应用（黏合剂、农业、食品、製药、个人护理、纺织、聚合物等）细分，按地区和竞争情况，2020-2030 年预测

2024年，白油市场价值为22.5亿美元，预计到2030年将达到28.8亿美元，复合年增长率为4.18%。全球白油市场在特种油领域占据关键地位，服务于製药、个人护理、食品级製造、聚合物加工、纺织和工业设备润滑等行业的高精度应用。白油也称为矿物油或液体石蜡，是一种高度纯化、化学性质惰性的石油衍生物，因其无色、无味、无毒的特性而备受推崇。这些特性使其在产品安全、法规合规性和材料一致性至关重要的製程过程中至关重要。

鑑于其在受监管且品质敏感的应用中不可或缺的作用，白油市场不仅在技术上不可或缺，而且在策略上也具备持续扩张的潜力。不断演变的製造标准、药品和食品加工领域更严格的合规要求，以及聚合物和化妆品生产中对惰性加工助剂日益增长的需求，正日益推动着市场需求的成长。超纯精炼能力的技术进步、积极适应区域监管框架，以及针对性地拓展高成长、特定应用市场，尤其是在亚太地区和拉丁美洲。

透过投资增值等级、特定应用客製化和认证支援的生产流程，使其投资组合与这些动态保持一致的行业参与者将在日益以品质为导向和合规为导向的市场环境中占据最佳位置，从而实现长期成长。

关键市场驱动因素

不断扩大的製药和个人护理行业

主要市场挑战

原油价格波动与原料依赖性

主要市场趋势

跨最终用途细分市场的客製化和产品差异化

目录

第 1 章：产品概述

第二章：研究方法

第三章：执行摘要

第四章：新冠疫情对白油市场的影响

第五章：白油市场展望

• 市场规模和预测
  • 按价值
• 市场占有率和预测
  • 依应用（黏合剂、农业、食品、製药、个人护理、纺织品、聚合物、其他）
  • 按地区
  • 按公司分类（2024 年）
• 市场地图

第六章：北美白油市场展望

• 市场规模和预测
• 市场占有率和预测
• 北美：国家分析
  • 美国
  • 加拿大
  • 墨西哥

第七章：欧洲白油市场展望

• 市场规模和预测
• 市场占有率和预测
• 欧洲：国家分析
  • 德国
  • 英国
  • 义大利
  • 法国
  • 西班牙

第八章：亚太白油市场展望

• 市场规模和预测
• 市场占有率和预测
• 亚太地区：国家分析
  • 中国
  • 印度
  • 日本
  • 韩国
  • 澳洲

第九章：南美白油市场展望

• 市场规模和预测
• 市场占有率和预测
• 南美洲：国家分析
  • 巴西
  • 阿根廷
  • 哥伦比亚

第十章：中东与非洲白油市场展望

• 市场规模和预测
• 市场占有率和预测
• MEA：国家分析
  • 南非
  • 沙乌地阿拉伯
  • 阿联酋

第 11 章：市场动态

• 驱动程式
• 挑战

第 12 章：市场趋势与发展

• 最新动态
• 产品发布
• 併购

第 13 章：全球白油市场：SWOT 分析

第 14 章：竞争格局

• BP International Limited
• RENKERT OIL
• Exxon Mobil Corporation
• ENEOS Corporation
• NYNAS AB
• Petro Canada (Suncor Energy Inc)
• Shell plc
• China Petrochemical Corporation
• S-OIL CORPORATION
• Sasol Limited

第 15 章：策略建议

第16章调查会社について・免责事项

The White Oil market was valued at USD 2.25 Billion in 2024 and is expected to reach USD 2.88 Billion by 2030 with a CAGR of 4.18%. The Global White Oil Market occupies a critical niche within the specialty oil segment, serving high-precision applications across industries such as pharmaceuticals, personal care, food-grade manufacturing, polymer processing, textiles, and industrial equipment lubrication. Also referred to as mineral oil or liquid paraffin, white oil is a highly purified, chemically inert petroleum derivative, valued for its colorless, odorless, and non-toxic characteristics. These properties make it essential in processes where product safety, regulatory conformity, and material consistency are non-negotiable.

Given its integral role in regulated and quality-sensitive applications, the white oil market is not only technically indispensable but also strategically positioned for sustained expansion. Demand is increasingly being driven by evolving manufacturing standards, stricter compliance requirements in pharmaceuticals and food processing, and the growing need for inert process aids in polymer and cosmetic production. Technological advancement in ultra-pure refining capabilities, Proactive adaptation to regional regulatory frameworks, and Targeted expansion into high-growth, application-specific markets, particularly in Asia-Pacific and Latin America.

Industry players that align their portfolio with these dynamics by investing in value-added grades, application-specific customizations, and certification-backed production processes will be best positioned to capture long-term growth in an increasingly quality-driven and compliance-oriented market environment.

Key Market Drivers

Expanding Pharmaceutical and Personal Care Industries

The pharmaceutical and personal care industries represent two of the most influential demand centers for white oil globally. Their sustained expansion, driven by demographic shifts, consumer trends, and healthcare advancements, has created a strong and stable growth engine for the white oil market. White oil, particularly in pharmaceutical-grade formulations, is a key excipient used for its chemical stability, purity, and non-reactive nature. Used as a carrier or base in topical ointments, creams, and gels. Commonly found in oral preparations like soft gel capsules. Functions as a lubricant in tablet and capsule manufacturing. The global population is undergoing a pronounced demographic shift, marked by a rapidly increasing share of individuals aged 65 and above. This trend is primarily driven by rising life expectancy and sustained declines in birth rates across both developed and emerging markets. Since 1974, the proportion of the global population aged 65+ has nearly doubled, and current projections indicate it will double again by 2074 and rising chronic disease prevalence are leading to increased consumption of pharmaceutical products, especially in North America, Europe, and parts of Asia. Healthcare penetration in emerging economies (India, Southeast Asia, Africa) is expanding rapidly, supported by public and private investments. Increasing regulatory emphasis on high-purity ingredients in drug manufacturing is pushing demand for white oils that meet stringent pharmacopoeial standards (e.g., USP, EP, IP). White oils used in pharmaceuticals are highly refined and undergo rigorous testing to comply with global safety standards. Their inert and hypoallergenic nature makes them suitable for sensitive applications, giving manufacturers confidence in formulation safety.

In the personal care and cosmetics sector, white oil is widely used due to its moisturizing properties, excellent spreadability, and skin-friendly characteristics. Emollient in products such as body lotions, creams, baby oils, and hair oils. Carrier oil in fragrances and makeup formulations. Base material in cleansing products and moisturizers, especially for sensitive skin types. India's consumer sector is emerging as a critical driver of national economic growth, fueled by rising disposable incomes and expanding middle-class spending power. By 2027, approximately 100 million Indians are projected to have annual incomes exceeding $10,000, signaling a significant shift in consumption patterns toward premium products, discretionary goods, and lifestyle services and urbanization have led to increased spending on beauty and personal care products, particularly in Asia-Pacific and Latin America. Growing consumer preference for gentle, non-comedogenic ingredients has encouraged manufacturers to use white oil as a safe, dermatologically tested base. The global rise of baby care products including oils, wipes, and lotions also contributes significantly, as white oil is a primary ingredient due to its mildness and safety. Premiumization of skincare and haircare brands has led to the demand for higher-quality, ultra-refined ingredients. By 2025, online channels are projected to account for 21% of total global retail sales, with this figure expected to increase to 22.6% by 2027, reflecting a steady shift in consumer purchasing behavior toward digital platforms. Supporting this growth, the global eCommerce ecosystem now comprises over 28 million online stores, spanning both large-scale marketplaces and niche direct-to-consumer brands.

Key Market Challenges

Volatility in Crude Oil Prices and Raw Material Dependency

White oil is a highly refined derivative of petroleum, and its production is intrinsically linked to the upstream oil and gas industry. As a result, fluctuations in crude oil prices directly impact production costs and supply chain stability.

Any disruption in crude oil supply due to geopolitical tensions, natural disasters, or OPEC policies can lead to raw material shortages or cost spikes for base oils used in white oil production. Producers dependent on imported crude or base stocks may face additional logistics challenges and foreign exchange risks. In periods of rising crude prices, refiners and blenders may struggle to maintain stable pricing for white oil, especially in price-sensitive industries like textiles and plastics. End-users may shift to cheaper synthetic or vegetable-based alternatives, leading to demand substitution. Producing high-quality, ultra-pure white oil requires advanced refining infrastructure, which is expensive to build and maintain. Smaller players may be unable to invest in the necessary technology when faced with raw material price volatility.

Key Market Trends

Customization and Product Differentiation Across End-Use Segments

A growing number of end-user industries are demanding tailor-made white oil grades to meet specific performance, purity, or compliance requirements. This trend is fueling a shift from standardized bulk products to highly specialized formulations.

Manufacturers are developing sector-targeted white oils for unique applications such as ultra-low-volatility grades for medical devices, or food-grade lubricants optimized for high-speed filling lines. In personal care and cosmetics, brands are requesting lighter or heavier oil textures, varying levels of viscosity, or enhanced compatibility with natural actives. Custom white oils are increasingly integrated with performance additives, such as antioxidants or anti-static agents, which extend functionality without compromising purity. This allows producers to move away from commoditized pricing and position their products as premium-grade materials. Customization enhances customer retention, creates new revenue streams, and supports long-term supply agreements, giving white oil producers a competitive edge in fragmented markets.

Key Market Players

• BP International Limited
• RENKERT OIL
• Exxon Mobil Corporation
• ENEOS Corporation
• NYNAS AB
• Petro Canada (Suncor Energy Inc)
• Shell plc
• China Petrochemical Corporation
• S-OIL CORPORATION
• Sasol Limited

Report Scope:

In this report, the Global White Oil Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

White Oil Market, By Application:

• Adhesives
• Agriculture
• Food
• Pharmaceutical
• Personal Care
• Textile
• Polymers
• Others

White Oil Market, By Region:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global White Oil Market.

Available Customizations:

Global White Oil market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Impact of COVID 19 on White Oil Market

5. White Oil Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Application (Adhesives, Agriculture, Food, Pharmaceutical, Personal Care, Textile, Polymers, Others)
  • 5.2.2. By Region
  • 5.2.3. By Company (2024)
• 5.3. Market Map

6. North America White Oil Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Application
  • 6.2.2. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States White Oil Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Application
  • 6.3.2. Canada White Oil Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Application
  • 6.3.3. Mexico White Oil Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Application

7. Europe White Oil Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Application
  • 7.2.2. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany White Oil Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Application
  • 7.3.2. United Kingdom White Oil Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Application
  • 7.3.3. Italy White Oil Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Application
  • 7.3.4. France White Oil Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Application
  • 7.3.5. Spain White Oil Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Application

8. Asia-Pacific White Oil Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Application
  • 8.2.2. By Country
• 8.3. Asia-Pacific: Country Analysis
  • 8.3.1. China White Oil Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Application
  • 8.3.2. India White Oil Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Application
  • 8.3.3. Japan White Oil Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Application
  • 8.3.4. South Korea White Oil Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Application
  • 8.3.5. Australia White Oil Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Application

9. South America White Oil Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Application
  • 9.2.2. By Country
• 9.3. South America: Country Analysis
  • 9.3.1. Brazil White Oil Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Application
  • 9.3.2. Argentina White Oil Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Application
  • 9.3.3. Colombia White Oil Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Application

10. Middle East and Africa White Oil Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Application
  • 10.2.2. By Country
• 10.3. MEA: Country Analysis
  • 10.3.1. South Africa White Oil Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Application
  • 10.3.2. Saudi Arabia White Oil Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Application
  • 10.3.3. UAE White Oil Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Recent Developments
• 12.2. Product Launches
• 12.3. Mergers & Acquisitions

13. Global White Oil Market: SWOT Analysis

14. Competitive Landscape

• 14.1. BP International Limited
  • 14.1.1. Business Overview
  • 14.1.2. Product & Service Offerings
  • 14.1.3. Recent Developments
  • 14.1.4. Financials (If Listed)
  • 14.1.5. Key Personnel
  • 14.1.6. SWOT Analysis
• 14.2. RENKERT OIL
• 14.3. Exxon Mobil Corporation
• 14.4. ENEOS Corporation
• 14.5. NYNAS AB
• 14.6. Petro Canada (Suncor Energy Inc)
• 14.7. Shell plc
• 14.8. China Petrochemical Corporation
• 14.9. S-OIL CORPORATION
• 14.10.Sasol Limited

15. Strategic Recommendations

16. About Us & Disclaimer