Asia Pacific 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

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.

Free Valuable Insights: The Global White Oil Market is Predict to reach USD 2.2 Billion by 2031, at a CAGR of 4.6%

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

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis

Chapter 4. Asia Pacific White Oil Market by Grade
4.1 Asia Pacific Technical Market by Country
4.2 Asia Pacific Pharmaceutical Market by Country

Chapter 5. Asia Pacific White Oil Market by Application
5.1 Asia Pacific Cosmetics & Personal Care Market by Country
5.2 Asia Pacific Food Market by Country
5.3 Asia Pacific Pharmaceutical Market by Country
5.4 Asia Pacific Plastic & Polymer Market by Country
5.5 Asia Pacific Textile Market by Country
5.6 Asia Pacific Others Market by Country

Chapter 6. Asia Pacific White Oil Market by Country
6.1 China White Oil Market
6.1.1 China White Oil Market by Grade
6.1.2 China White Oil Market by Application
6.2 Japan White Oil Market
6.2.1 Japan White Oil Market by Grade
6.2.2 Japan White Oil Market by Application
6.3 India White Oil Market
6.3.1 India White Oil Market by Grade
6.3.2 India White Oil Market by Application
6.4 South Korea White Oil Market
6.4.1 South Korea White Oil Market by Grade
6.4.2 South Korea White Oil Market by Application
6.5 Singapore White Oil Market
6.5.1 Singapore White Oil Market by Grade
6.5.2 Singapore White Oil Market by Application
6.6 Malaysia White Oil Market
6.6.1 Malaysia White Oil Market by Grade
6.6.2 Malaysia White Oil Market by Application
6.7 Rest of Asia Pacific White Oil Market
6.7.1 Rest of Asia Pacific White Oil Market by Grade
6.7.2 Rest of Asia Pacific White Oil Market by Application

Chapter 7. Company Profiles
7.1 Castrol Ltd. (BP P.L.C.)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 SWOT Analysis
7.2 Sinopec Group (China Petrochemical Corporation)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Research & Development Expenses
7.2.4 Recent strategies and developments:
7.2.4.1 Partnerships, Collaborations, and Agreements:
7.2.5 SWOT Analysis
7.3 Eastman Chemical Company
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 SWOT Analysis
7.4 Exxon Mobil Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 SWOT Analysis
7.5 Lanxess AG
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 SWOT Analysis
7.6 Shell plc
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 SWOT Analysis
7.7 TotalEnergies SE
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 SWOT Analysis
7.8 Indian Oil Corporation Ltd.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 SWOT Analysis
7.9 Sasol Limited
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis
7.10. Reliance Petrochem Industries (Pvt) Limited
7.10.1 Company Overview
7.10.2 SWOT Analysis

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

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific White Oil Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting White Oil Market
FIG 4 Porter’s Five Forces Analysis – White Oil Market
FIG 5 Asia Pacific White Oil Market share by Grade, 2023
FIG 6 Asia Pacific White Oil Market share by Grade, 2031
FIG 7 Asia Pacific White Oil Market by Grade, 2020 - 2031, USD Million
FIG 8 Asia Pacific White Oil Market share by Application, 2023
FIG 9 Asia Pacific White Oil Market share by Application, 2031
FIG 10 Asia Pacific White Oil Market by Application, 2020 - 2031, USD Million
FIG 11 Asia Pacific White Oil Market share by Country, 2023
FIG 12 Asia Pacific White Oil Market share by Country, 2031
FIG 13 Asia Pacific White Oil Market by Country, 2020 - 2031, USD Million
FIG 14 SWOT Analysis: Castrol Ltd.
FIG 15 Swot Analysis: Chinsa Petrochemical Corporation
FIG 16 SWOT Analysis: Eastman Chemical Company
FIG 17 SWOT Analysis: Exxon Mobil Corporation
FIG 18 Swot Analysis: Lanxess AG
FIG 19 SWOT Analysis: Shell plc
FIG 20 SWOT Analysis: TotalEnergies SE
FIG 21 SWOT Analysis: Indian Oil Corporation Ltd.
FIG 22 SWOT Analysis: Sasol Limited
FIG 23 SWOT Analysis: Reliance Petrochem Industries (Pvt) Limited