White Oil Manufacturing Industry
White Oil Manufacturing Industry. Start a White Oil from Kerosene Oil Factory.
White oils are highly refined mineral oils that are extremely pure, stable, colorless, odorless, non-toxic and chemically inert. The term white oil is a misnomer in that they are not white at all but crystal clear. White oils can be produced from a variety of feed stocks depending on the process used.
White oil has a variety of names that correspond towards the intended use of the oil. The general and interchangeable, names are white oil and mineral oil. A few other names include paraffinic perliquidum, paraffin oil, liquid paraffin, and liquid petroleum. White oil is a colorless and odorless mixture of higher alkanes from a mineral source. This mineral source is usually from a distillate of petroleum.
Mineral oil is a clear odorless liquid that has been used routinely for many decades in a wide variety of cosmetics and personal care products. The mineral oil used in cosmetics and personal care products (also called white mineral oil) is a highly purified material obtained from refining petroleum.
White oil is mineral oil, paraffin oil, petrolatum, and paraffin liquid for oil baths, paraffin liquid, paraffin oils, mineral oil and liquid paraffin. It is colorless, odorless, and has features as favorable oxidation stability, chemical stability, and light stability.
It is used in the manufacturing of Bulk Drugs, Cosmetics, Textile Auxiliaries, Plant Spray Oil, Agrochemicals, Aerosols, Dye Intermediates, Paper Industry, Inks, Perfumery, Specialty Lubricants, and Plastics – used as Lubricant Plasticiser, Food Industry, Specialty Chemicals, Incenses, and Personal Care Products etc.
It is highly purified mixture of liquid saturated hydrocarbons obtained from petroleum base. It is oil is transparent, & free from fluorescence in daylight. It is Colour less, tasteless, odour less when cold. This highly refined hydro-treated oil has excellent thermal & chemical stability, having high flash point & is soluble in Chloroform & solvent Ether.
Market Outlook
The global white oil market size was estimated at USD 2.03 billion in 2018 and is projected to expand at a CAGR of 4.2% from 2019 to 2025. Rising product demand in production of personal care products is anticipated to drive the global market over the forecast years. Personal care is a diverse industry that is anticipated to witness robust growth, owing to a broad consumer base, especially in Asia Pacific countries including China, India, Malaysia, Singapore, and Vietnam.
Polymer processing, and pharmaceutical segments is expected to spur the white oil market growth. Furthermore the fast growing requirement for the product in agriculture and adhesives sectors is likely to offer considerable opportunities over the next eight years. This rising demand is further anticipated to increase due to expansion of the personal care product segment and the pharmaceutical industry. Rising demand from the cosmetic industry due to the strong moisture-resistant property of white oils is likely to further propel the market.
White oils are also widely utilized in the manufacturing of specialty adhesives and elastomers due to their water and moisture-resistant properties which are also estimated to fuel the expansion of the global white oil market. White oils are certified safe for their application in food and dietary products attributed by the recent halal and the kosher certification to white oil which has resulted in its rising demand around the globe.
Significant growth potential lurks within the emerging economies. A high demand for white oil in counties such as India, China and South Korea is observed, which is more likely to drive the global white oil market in these regions. As the market for white oil is consolidated, investments in product development by key manufacturers could create a significant opportunity for end use industries as a rise in the demand for thermoplastic polymer, personal care & cosmetic products and pharmaceutical products will lead to an increase in the consumption of white oil.
The rise in population will rise in the demand for goods in different industries where white oil is used industries such as automotive, pharmaceuticals, textile, food and beverage as well as chemicals. This will spur the demand for white oils thereby driving the growth of the global white oil market. Naphthenic oil, which contains less PAH content is expected to show potential opportunities and is expected to grow in regions such as Europe and North America owing to the environmental benefits, especially less carbon emissions during the manufacturing process.
A paradigm shift from polymer processing to oil-based processing along with the rising number of end use industries such as automotive, pharmaceuticals, textiles etc., has a significant impact on the global white oil market growth scenario. The personal care industry, which uses white oil is growing significantly. This has contributed to the growth of the white oil market.
However, there are certain loopholes that can act as restraints in the growth of the global white oil market. The high costs associated with the formulation of consumer care products, unavailability of quality crude oil, price volatility in crude oil, instability in oil prices that influences the production of white oil are few of the restraints that challenge the growth of the global white oil market.
Cosmetic industry growth owing to the increasing focus on skin care and nourishing products for hair styling, coloring products, and suntan products fostering the industry share. White oil has become an essential ingredient in varied applications including cosmetics and personal care. Surging demand for sunscreens, body lotion, cleansers and emollient and makeup products with long durability moisturizing benefits will boost the white oil demand. Also, infant skin care products including lotions and emollients will propel the white oil market.
Technological advancement continuously improvising the characteristics of white oil, providing new opportunities for the numerous applications in various industries. The ingredient act as a mold release, wetting agents and resin catalyst carriers for numerous applications supporting market growth. However, factor such as excessive costs with respect to the preparation of personal care products, absence of high-quality crude lubricant, price volatility, and uncertainty in prices may restrain the white oil market growth.
The demand of for white mineral oil is expected to grow throughout the globe and certain regions are anticipate to witness a higher growth rate the countries such as Tanzania in East Africa backed up by China has reported a significant growth in industrial sector.
This has led to continuous demand for materials such as lubricants wire rope lubricant, aerosol lubricants and other materials used in mundane operations in the industry. The countries in the south eastern regions such as Maldives, Myanmar, Cambodia, Bangladesh, Philippines etc. have also shown sizeable growth in industrial sector, creating an immense demand for industrial materials including white/mineral oil.
- Key Players
- Sinopec Corporation,
- British Petroleum,
- Sasol,
- Sonneborn, Inc.,
- Exxon Mobil Corporation,
- Seojin Chemical Co., Ltd.,
- Nynas AB,
- Petro-Canada, Renkert Oil, Inc.,
- Royal Dutch Shell N.V.,
- JX Nippon Oil & Energy Corporation
- Exxon Mobil Corporation,
- British Petroleum,
- Renkert Oil Inc.,
- Nynas AB,
- Petro-Canada.
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