LAMEA 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

Description

List of Tables

The Latin America, Middle East and Africa White Oil Market would witness market growth of 6.2% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 134.41 kilo tonnes, showcasing a growth of 3.8% (2024-2031).

Medium-grade white oil finds application in the cosmetics industry as a base ingredient in creams, lotions, and ointments, offering emollient properties and enhancing skin feel. Thus, Brazil market consumed 18.21 kilo tonnes of white oil by technical grade in 2023.

The Brazil market dominated the LAMEA White Oil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $47.8 Million by 2031, Argentina market is registering a CAGR of 6.8% during (2024 - 2031). Additionally, The UAE market would showcase CAGR of 5.8% during (2024 - 2031).

The white oil market is a testament to versatility, innovation, and resilience in today's global economy. As a vital component in numerous industries, ranging from pharmaceuticals to cosmetics, plastics to textiles, white oil is indispensable in product formulation, manufacturing processes, and end-user applications.

Additionally, the adoption of white oil spans decades and is rooted in its exceptional purity, consistency, and inert properties. Initially derived as a byproduct of petroleum refining, white oil gained prominence for its remarkable versatility and safety profile, positioning it as a preferred ingredient across various industries.

Brazil is a significant player in the global food trade, exporting a wide range of agricultural products. As the country's food sector expands, it may also lead to increased imports of ingredients and materials like white oil to meet the needs of food processing and packaging industries. As per the data released by the United States Department of Agriculture, the Brazilian food processing sector generated revenues of R$922.6 billion (US$171 billion) in 2021, an increase of 16.9 percent compared to 2020, as reported by the Brazilian Food Processors' Association (ABIA).

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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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

LAMEA 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)

Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1LAMEA White Oil Market, by Grade
- 1.4.2LAMEA White Oil Market, by Application
- 1.4.3LAMEA 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.LAMEA White Oil Market by Grade

4.1LAMEA Technical Market by Country
4.2LAMEA Pharmaceutical Market by Country

Chapter 5.LAMEA White Oil Market by Application

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

Chapter 6.LAMEA White Oil Market by Country

6.1Brazil White Oil Market
- 6.1.1Brazil White Oil Market by Grade
- 6.1.2Brazil White Oil Market by Application
6.2Argentina White Oil Market
- 6.2.1Argentina White Oil Market by Grade
- 6.2.2Argentina White Oil Market by Application
6.3UAE White Oil Market
- 6.3.1UAE White Oil Market by Grade
- 6.3.2UAE White Oil Market by Application
6.4Saudi Arabia White Oil Market
- 6.4.1Saudi Arabia White Oil Market by Grade
- 6.4.2Saudi Arabia White Oil Market by Application
6.5South Africa White Oil Market
- 6.5.1South Africa White Oil Market by Grade
- 6.5.2South Africa White Oil Market by Application
6.6Nigeria White Oil Market
- 6.6.1Nigeria White Oil Market by Grade
- 6.6.2Nigeria White Oil Market by Application
6.7Rest of LAMEA White Oil Market
- 6.7.1Rest of LAMEA White Oil Market by Grade
- 6.7.2Rest of LAMEA 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 1LAMEA White Oil Market, 2020 - 2023, USD Million
TABLE 2LAMEA White Oil Market, 2024 - 2031, USD Million
TABLE 3LAMEA White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 4LAMEA White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 5LAMEA White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 6LAMEA White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 7LAMEA White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 8LAMEA White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 9LAMEA Technical Market by Country, 2020 - 2023, USD Million
TABLE 10LAMEA Technical Market by Country, 2024 - 2031, USD Million
TABLE 11LAMEA Technical Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 12LAMEA Technical Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 13LAMEA Pharmaceutical Market by Country, 2020 - 2023, USD Million
TABLE 14LAMEA Pharmaceutical Market by Country, 2024 - 2031, USD Million
TABLE 15LAMEA Pharmaceutical Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 16LAMEA Pharmaceutical Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 17LAMEA White Oil Market by Application, 2020 - 2023, USD Million
TABLE 18LAMEA White Oil Market by Application, 2024 - 2031, USD Million
TABLE 19LAMEA White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 20LAMEA White Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 21LAMEA Cosmetics & Personal Care Market by Country, 2020 - 2023, USD Million
TABLE 22LAMEA Cosmetics & Personal Care Market by Country, 2024 - 2031, USD Million
TABLE 23LAMEA Cosmetics & Personal Care Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 24LAMEA Cosmetics & Personal Care Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 25LAMEA Food Market by Country, 2020 - 2023, USD Million
TABLE 26LAMEA Food Market by Country, 2024 - 2031, USD Million
TABLE 27LAMEA Food Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 28LAMEA Food Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 29LAMEA Pharmaceutical Market by Country, 2020 - 2023, USD Million
TABLE 30LAMEA Pharmaceutical Market by Country, 2024 - 2031, USD Million
TABLE 31LAMEA Pharmaceutical Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 32LAMEA Pharmaceutical Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 33LAMEA Plastic & Polymer Market by Country, 2020 - 2023, USD Million
TABLE 34LAMEA Plastic & Polymer Market by Country, 2024 - 2031, USD Million
TABLE 35LAMEA Plastic & Polymer Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36LAMEA Plastic & Polymer Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37LAMEA Textile Market by Country, 2020 - 2023, USD Million
TABLE 38LAMEA Textile Market by Country, 2024 - 2031, USD Million
TABLE 39LAMEA Textile Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 40LAMEA Textile Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 41LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 42LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 43LAMEA Others Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 44LAMEA Others Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 45LAMEA White Oil Market by Country, 2020 - 2023, USD Million
TABLE 46LAMEA White Oil Market by Country, 2024 - 2031, USD Million
TABLE 47LAMEA White Oil Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 48LAMEA White Oil Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 49Brazil White Oil Market, 2020 - 2023, USD Million
TABLE 50Brazil White Oil Market, 2024 - 2031, USD Million
TABLE 51Brazil White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 52Brazil White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 53Brazil White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 54Brazil White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 55Brazil White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 56Brazil White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 57Brazil White Oil Market by Application, 2020 - 2023, USD Million
TABLE 58Brazil White Oil Market by Application, 2024 - 2031, USD Million
TABLE 59Brazil White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 60Brazil White Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 61Argentina White Oil Market, 2020 - 2023, USD Million
TABLE 62Argentina White Oil Market, 2024 - 2031, USD Million
TABLE 63Argentina White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 64Argentina White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 65Argentina White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 66Argentina White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 67Argentina White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 68Argentina White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 69Argentina White Oil Market by Application, 2020 - 2023, USD Million
TABLE 70Argentina White Oil Market by Application, 2024 - 2031, USD Million
TABLE 71Argentina White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 72Argentina White Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 73UAE White Oil Market, 2020 - 2023, USD Million
TABLE 74UAE White Oil Market, 2024 - 2031, USD Million
TABLE 75UAE White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 76UAE White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 77UAE White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 78UAE White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 79UAE White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 80UAE White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 81UAE White Oil Market by Application, 2020 - 2023, USD Million
TABLE 82UAE White Oil Market by Application, 2024 - 2031, USD Million
TABLE 83UAE White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 84UAE White Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 85Saudi Arabia White Oil Market, 2020 - 2023, USD Million
TABLE 86Saudi Arabia White Oil Market, 2024 - 2031, USD Million
TABLE 87Saudi Arabia White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 88Saudi Arabia White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 89Saudi Arabia White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 90Saudi Arabia White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 91Saudi Arabia White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 92Saudi Arabia White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 93Saudi Arabia White Oil Market by Application, 2020 - 2023, USD Million
TABLE 94Saudi Arabia White Oil Market by Application, 2024 - 2031, USD Million
TABLE 95Saudi Arabia White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 96Saudi Arabia White Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 97South Africa White Oil Market, 2020 - 2023, USD Million
TABLE 98South Africa White Oil Market, 2024 - 2031, USD Million
TABLE 99South Africa White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 100South Africa White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 101South Africa White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 102South Africa White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 103South Africa White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 104South Africa White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 105South Africa White Oil Market by Application, 2020 - 2023, USD Million
TABLE 106South Africa White Oil Market by Application, 2024 - 2031, USD Million
TABLE 107South Africa White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 108South Africa White Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 109Nigeria White Oil Market, 2020 - 2023, USD Million
TABLE 110Nigeria White Oil Market, 2024 - 2031, USD Million
TABLE 111Nigeria White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 112Nigeria White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 113Nigeria White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 114Nigeria White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 115Nigeria White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 116Nigeria White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 117Nigeria White Oil Market by Application, 2020 - 2023, USD Million
TABLE 118Nigeria White Oil Market by Application, 2024 - 2031, USD Million
TABLE 119Nigeria White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 120Nigeria White Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 121Rest of LAMEA White Oil Market, 2020 - 2023, USD Million
TABLE 122Rest of LAMEA White Oil Market, 2024 - 2031, USD Million
TABLE 123Rest of LAMEA White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 124Rest of LAMEA White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 125Rest of LAMEA White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 126Rest of LAMEA White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 127Rest of LAMEA White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 128Rest of LAMEA White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 129Rest of LAMEA White Oil Market by Application, 2020 - 2023, USD Million
TABLE 130Rest of LAMEA White Oil Market by Application, 2024 - 2031, USD Million
TABLE 131Rest of LAMEA White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 132Rest of LAMEA 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

LAMEA 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