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

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).

Free Valuable Insights: The Worldwide White Oil Market is Projected 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 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
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA White Oil Market, by Grade
1.4.2 LAMEA White Oil Market, by Application
1.4.3 LAMEA 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. LAMEA White Oil Market by Grade
4.1 LAMEA Technical Market by Country
4.2 LAMEA Pharmaceutical Market by Country

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

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