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Global White Oil Market at a CAGR of 4.45% Growth, Trends and Absolute Opportunity up to 2026

Global White Oil Market

Definition:

White oil is a homemade insecticide spray used for controlling a wide range of insect pests in the garden. The spray works by blocking the breathing pores of insects, causing suffocation and death. It is effective in the control of aphids, scale, mealybug, mites, citrus leaf miner and smooth skinned caterpillars.

 

Analysis of Global White Oil Market report:

Global white oil market is set to witness a stable CAGR of 4.45% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising demand of white oil in cosmetic industry and pharmaceutical industry due to its superior blending characteristic are the factors fuelling the growth of this market.

 

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Market Drivers:

  • Rising demand for packed food among population will drive the market
  • Increasing prevalence for personal care products among population will propel market
  • Increasing research and development activities on white oils will also enhance market growth
  • Rising disposable income will also accelerate the growth of this market

 

Market Restraints:

  • Unavailability of the quality crude oil will restrain the market growth
  • Fluctuation in the price of oil will hamper the market growth

 

Leading Key players profiled in this report are:

Few of the major competitors currently working in the global white oil market are Calumet Specialty Products Partners, L.P., Chevron Limited., Exxon Mobil Corporation, Total, Royal Dutch Shell, FUCHS, H&R GROUP, savita.com, Panama Petrochem Ltd, Apar Industries Ltd., C J Robinson Co Inc, Morris Lubricants, Petroliam Nasional Berhad, Raj Petro Specialities Pvt. Ltd., Kerax Limited, Petro‐Canada Lubricants Inc., Lub Line, Sonneborn LLC.

 

Global White Oil Market Segmentation:

By Application

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

By Product

  • Light Paraffinic
  • Heavy Paraffinic
  • Naphthenic

By Grade

  • 65/75 (ISO VG 10/15)
  • 50/60 (ISO VG 7)
  • 200/215 (ISO VG 32/46)
  • 80/90 (ISO VG 15)
  • 340/365 (ISO VG 68)

By Geography

  • North America
  • South America
  • Europe
  • Asia-Pacific

 

Competitive Analysis:

Global white oil market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of white oil market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

 

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The Global White Oil Market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global White Oil Market. The industry changing factors for the market segments are explored in this report.  This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.

 

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