Asia Pacific White Oil Market Size, Share & Trends Analysis Report By Grade, By Application, By Country and Growth Forecast, 2024

Description

List of Tables

The Asia Pacific White Oil Market would witness market growth of 4.7% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 634.75 kilo tonnes, showcasing a growth of 17.1% (2020-2023).

Pharmaceutical-grade white oil, also known as USP (United States Pharmacopeia) or EP (European Pharmacopoeia) grade, is highly refined and meets stringent regulatory standards for purity and safety. Thus, the India market utilized 45.79 kilo tonnes of white oil by pharmaceutical grade in 2023.

The China market dominated the Asia Pacific White Oil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $354.1 Million by 2031. The Japan market is showcasing a CAGR of 4.4% during (2024 - 2031). Additionally, The India market would register a CAGR of 5.1% during (2024 - 2031).

Its low volatility and compatibility with various polymers made it an indispensable additive in plastic processing, facilitating extrusion, molding, and shaping operations while minimizing friction, surface defects, and polymer degradation.

Moreover, in the textile industry, white oil found application as a textile lubricant, facilitating fiber processing, yarn spinning, and weaving operations, thereby enhancing production efficiency and product quality.

As the textile sector in India expands and diversifies to meet domestic and international demand for a wide range of fabrics, the consumption of white oil for fabric production will likely increase. White oil is commonly used in the textile industry as a lubricant, softener, and anti-static agent during various stages of textile processing, such as spinning, weaving, and finishing.

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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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

Asia Pacific White Oil Market Report Segmentation

By Grade (Volume, Kilo Tonnes, USD Billion, 2020-2031)

Technical
Pharmaceutical

By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)

Cosmetics & Personal Care
Food
Pharmaceutical
Plastic & Polymer
Textile
Others

By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1Asia Pacific White Oil Market, by Grade
- 1.4.2Asia Pacific White Oil Market, by Application
- 1.4.3Asia Pacific White Oil Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
3.3Porter's Five Forces Analysis

Chapter 4.Asia Pacific White Oil Market by Grade

4.1Asia Pacific Technical Market by Country
4.2Asia Pacific Pharmaceutical Market by Country

Chapter 5.Asia Pacific White Oil Market by Application

5.1Asia Pacific Cosmetics & Personal Care Market by Country
5.2Asia Pacific Food Market by Country
5.3Asia Pacific Pharmaceutical Market by Country
5.4Asia Pacific Plastic & Polymer Market by Country
5.5Asia Pacific Textile Market by Country
5.6Asia Pacific Others Market by Country

Chapter 6.Asia Pacific White Oil Market by Country

6.1China White Oil Market
- 6.1.1China White Oil Market by Grade
- 6.1.2China White Oil Market by Application
6.2Japan White Oil Market
- 6.2.1Japan White Oil Market by Grade
- 6.2.2Japan White Oil Market by Application
6.3India White Oil Market
- 6.3.1India White Oil Market by Grade
- 6.3.2India White Oil Market by Application
6.4South Korea White Oil Market
- 6.4.1South Korea White Oil Market by Grade
- 6.4.2South Korea White Oil Market by Application
6.5Singapore White Oil Market
- 6.5.1Singapore White Oil Market by Grade
- 6.5.2Singapore White Oil Market by Application
6.6Malaysia White Oil Market
- 6.6.1Malaysia White Oil Market by Grade
- 6.6.2Malaysia White Oil Market by Application
6.7Rest of Asia Pacific White Oil Market
- 6.7.1Rest of Asia Pacific White Oil Market by Grade
- 6.7.2Rest of Asia Pacific White Oil Market by Application

Chapter 7.Company Profiles

7.1Castrol Ltd. (BP P.L.C.)
- 7.1.1Company Overview
- 7.1.2Financial Analysis
- 7.1.3Segmental and Regional Analysis
- 7.1.4Research & Development Expenses
- 7.1.5SWOT Analysis
7.2Sinopec Group (China Petrochemical Corporation)
- 7.2.1Company Overview
- 7.2.2Financial Analysis
- 7.2.3Research & Development Expenses
- 7.2.4Recent strategies and developments:
  - 7.2.4.1Partnerships, Collaborations, and Agreements:
- 7.2.5SWOT Analysis
7.3Eastman Chemical Company
- 7.3.1Company Overview
- 7.3.2Financial Analysis
- 7.3.3Segmental and Regional Analysis
- 7.3.4Research & Development Expense
- 7.3.5SWOT Analysis
7.4Exxon Mobil Corporation
- 7.4.1Company Overview
- 7.4.2Financial Analysis
- 7.4.3Segmental and Regional Analysis
- 7.4.4Research & Development Expenses
- 7.4.5SWOT Analysis
7.5Lanxess AG
- 7.5.1Company Overview
- 7.5.2Financial Analysis
- 7.5.3Segmental and Regional Analysis
- 7.5.4Research & Development Expenses
- 7.5.5SWOT Analysis
7.6Shell plc
- 7.6.1Company Overview
- 7.6.2Financial Analysis
- 7.6.3Segmental and Regional Analysis
- 7.6.4Research & Development Expenses
- 7.6.5SWOT Analysis
7.7TotalEnergies SE
- 7.7.1Company Overview
- 7.7.2Financial Analysis
- 7.7.3Segmental and Regional Analysis
- 7.7.4Research & Development Expenses
- 7.7.5SWOT Analysis
7.8Indian Oil Corporation Ltd.
- 7.8.1Company Overview
- 7.8.2Financial Analysis
- 7.8.3Segmental and Regional Analysis
- 7.8.4Research & Development Expenses
- 7.8.5SWOT Analysis
7.9Sasol Limited
- 7.9.1Company Overview
- 7.9.2Financial Analysis
- 7.9.3Segmental and Regional Analysis
- 7.9.4Research & Development Expenses
- 7.9.5SWOT Analysis
7.10.Reliance Petrochem Industries (Pvt) Limited
- 7.10.1Company Overview
- 7.10.2SWOT Analysis

LIST OF TABLES

TABLE 1Asia Pacific White Oil Market, 2020 - 2023, USD Million
TABLE 2Asia Pacific White Oil Market, 2024 - 2031, USD Million
TABLE 3Asia Pacific White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 4Asia Pacific White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 5Asia Pacific White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 6Asia Pacific White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 7Asia Pacific White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 8Asia Pacific White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 9Asia Pacific Technical Market by Country, 2020 - 2023, USD Million
TABLE 10Asia Pacific Technical Market by Country, 2024 - 2031, USD Million
TABLE 11Asia Pacific Technical Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 12Asia Pacific Technical Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 13Asia Pacific Pharmaceutical Market by Country, 2020 - 2023, USD Million
TABLE 14Asia Pacific Pharmaceutical Market by Country, 2024 - 2031, USD Million
TABLE 15Asia Pacific Pharmaceutical Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 16Asia Pacific Pharmaceutical Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 17Asia Pacific White Oil Market by Application, 2020 - 2023, USD Million
TABLE 18Asia Pacific White Oil Market by Application, 2024 - 2031, USD Million
TABLE 19Asia Pacific White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 20Asia Pacific White Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 21Asia Pacific Cosmetics & Personal Care Market by Country, 2020 - 2023, USD Million
TABLE 22Asia Pacific Cosmetics & Personal Care Market by Country, 2024 - 2031, USD Million
TABLE 23Asia Pacific Cosmetics & Personal Care Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 24Asia Pacific Cosmetics & Personal Care Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 25Asia Pacific Food Market by Country, 2020 - 2023, USD Million
TABLE 26Asia Pacific Food Market by Country, 2024 - 2031, USD Million
TABLE 27Asia Pacific Food Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 28Asia Pacific Food Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 29Asia Pacific Pharmaceutical Market by Country, 2020 - 2023, USD Million
TABLE 30Asia Pacific Pharmaceutical Market by Country, 2024 - 2031, USD Million
TABLE 31Asia Pacific Pharmaceutical Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 32Asia Pacific Pharmaceutical Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 33Asia Pacific Plastic & Polymer Market by Country, 2020 - 2023, USD Million
TABLE 34Asia Pacific Plastic & Polymer Market by Country, 2024 - 2031, USD Million
TABLE 35Asia Pacific Plastic & Polymer Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36Asia Pacific Plastic & Polymer Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37Asia Pacific Textile Market by Country, 2020 - 2023, USD Million
TABLE 38Asia Pacific Textile Market by Country, 2024 - 2031, USD Million
TABLE 39Asia Pacific Textile Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 40Asia Pacific Textile Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 41Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 42Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 43Asia Pacific Others Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 44Asia Pacific Others Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 45Asia Pacific White Oil Market by Country, 2020 - 2023, USD Million
TABLE 46Asia Pacific White Oil Market by Country, 2024 - 2031, USD Million
TABLE 47Asia Pacific White Oil Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 48Asia Pacific White Oil Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 49China White Oil Market, 2020 - 2023, USD Million
TABLE 50China White Oil Market, 2024 - 2031, USD Million
TABLE 51China White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 52China White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 53China White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 54China White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 55China White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 56China White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 57China White Oil Market by Application, 2020 - 2023, USD Million
TABLE 58China White Oil Market by Application, 2024 - 2031, USD Million
TABLE 59China White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 60China White Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 61Japan White Oil Market, 2020 - 2023, USD Million
TABLE 62Japan White Oil Market, 2024 - 2031, USD Million
TABLE 63Japan White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 64Japan White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 65Japan White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 66Japan White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 67Japan White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 68Japan White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 69Japan White Oil Market by Application, 2020 - 2023, USD Million
TABLE 70Japan White Oil Market by Application, 2024 - 2031, USD Million
TABLE 71Japan White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 72Japan White Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 73India White Oil Market, 2020 - 2023, USD Million
TABLE 74India White Oil Market, 2024 - 2031, USD Million
TABLE 75India White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 76India White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 77India White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 78India White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 79India White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 80India White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 81India White Oil Market by Application, 2020 - 2023, USD Million
TABLE 82India White Oil Market by Application, 2024 - 2031, USD Million
TABLE 83India White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 84India White Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 85South Korea White Oil Market, 2020 - 2023, USD Million
TABLE 86South Korea White Oil Market, 2024 - 2031, USD Million
TABLE 87South Korea White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 88South Korea White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 89South Korea White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 90South Korea White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 91South Korea White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 92South Korea White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 93South Korea White Oil Market by Application, 2020 - 2023, USD Million
TABLE 94South Korea White Oil Market by Application, 2024 - 2031, USD Million
TABLE 95South Korea White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 96South Korea White Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 97Singapore White Oil Market, 2020 - 2023, USD Million
TABLE 98Singapore White Oil Market, 2024 - 2031, USD Million
TABLE 99Singapore White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 100Singapore White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 101Singapore White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 102Singapore White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 103Singapore White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 104Singapore White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 105Singapore White Oil Market by Application, 2020 - 2023, USD Million
TABLE 106Singapore White Oil Market by Application, 2024 - 2031, USD Million
TABLE 107Singapore White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 108Singapore White Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 109Malaysia White Oil Market, 2020 - 2023, USD Million
TABLE 110Malaysia White Oil Market, 2024 - 2031, USD Million
TABLE 111Malaysia White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 112Malaysia White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 113Malaysia White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 114Malaysia White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 115Malaysia White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 116Malaysia White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 117Malaysia White Oil Market by Application, 2020 - 2023, USD Million
TABLE 118Malaysia White Oil Market by Application, 2024 - 2031, USD Million
TABLE 119Malaysia White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 120Malaysia White Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 121Rest of Asia Pacific White Oil Market, 2020 - 2023, USD Million
TABLE 122Rest of Asia Pacific White Oil Market, 2024 - 2031, USD Million
TABLE 123Rest of Asia Pacific White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 124Rest of Asia Pacific White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 125Rest of Asia Pacific White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 126Rest of Asia Pacific White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 127Rest of Asia Pacific White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 128Rest of Asia Pacific White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 129Rest of Asia Pacific White Oil Market by Application, 2020 - 2023, USD Million
TABLE 130Rest of Asia Pacific White Oil Market by Application, 2024 - 2031, USD Million
TABLE 131Rest of Asia Pacific White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 132Rest of Asia Pacific White Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 133Key Information - Castrol Ltd.
TABLE 134Key Information - Sinopec Group
TABLE 135Key Information - Eastman Chemical Company
TABLE 136Key Information - Exxon Mobil Corporation
TABLE 137Key Information - Lanxess AG
TABLE 138Key Information - Shell plc
TABLE 139Key Information - TotalEnergies SE
TABLE 140Key Information - Indian Oil Corporation Ltd.
TABLE 141Key Information - Sasol Limited
TABLE 142Key Information - Reliance Petrochem Industries (Pvt) Limited

Asia Pacific White Oil Market Size, Share & Trends Analysis Report By Grade, By Application, By Country and Growth Forecast, 2024 - 2031