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North America 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

Published Date : 08-May-2024

Pages: 114

Formats: PDF

The North America White Oil Market would witness market growth of 4.0% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 175.76 kilo tonnes, showcasing a growth of 16.4% (2020-2023).

One of its primary uses is as a lubricant and anti-sticking agent in food machinery to ensure smooth operation and prevent adhesion of food products. Additionally, white oil is utilized as a release agent in baking pans and molds, facilitating easy removal of baked goods without sticking. Thus, the US market utilized 25.45 kilo tonnes of white oil in food application in 2023.

North America White Oil Market

The US market dominated the North America White Oil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $368.2 Million by 2031. The Canada market is experiencing a CAGR of 4.4% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 5% during (2024 - 2031).

White oil is a textile lubricant used in the textile industry. It aids in fiber processing, yarn spinning, and fabric weaving operations. Its lubricating properties reduce friction and static electricity during textile manufacturing, enhancing yarn cohesion, tensile strength, and weaving efficiency.

Additionally, White oil-based textile lubricants improve production throughput, reduce yarn breakage, and minimize fabric defects, resulting in higher-quality finished products and increased manufacturing productivity.

The growth of the cosmetics sector often entails continuous product innovation and formulation development to meet evolving consumer needs and preferences. To enhance product performance and efficacy, white oil may be used to develop new cosmetic formulations, such as serums, balms, and facial oils. Therefore, as cosmetic companies in Canada invest in R&D for new products, the demand for white oil in formulation development may rise.

Free Valuable Insights: The 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 U.S., Mexico, Canada, and Rest of North America.

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

North America 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)

  • US
  • Canada
  • Mexico
  • Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America White Oil Market, by Grade
1.4.2 North America White Oil Market, by Application
1.4.3 North America 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. North America White Oil Market by Grade
4.1 North America Technical Market by Country
4.2 North America Pharmaceutical Market by Country

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

Chapter 6. North America White Oil Market by Country
6.1 US White Oil Market
6.1.1 US White Oil Market by Grade
6.1.2 US White Oil Market by Application
6.2 Canada White Oil Market
6.2.1 Canada White Oil Market by Grade
6.2.2 Canada White Oil Market by Application
6.3 Mexico White Oil Market
6.3.1 Mexico White Oil Market by Grade
6.3.2 Mexico White Oil Market by Application
6.4 Rest of North America White Oil Market
6.4.1 Rest of North America White Oil Market by Grade
6.4.2 Rest of North America 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 North America White Oil Market, 2020 - 2023, USD Million
TABLE 2 North America White Oil Market, 2024 - 2031, USD Million
TABLE 3 North America White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 4 North America White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 5 North America White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 6 North America White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 7 North America White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 8 North America White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 9 North America Technical Market by Country, 2020 - 2023, USD Million
TABLE 10 North America Technical Market by Country, 2024 - 2031, USD Million
TABLE 11 North America Technical Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 12 North America Technical Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 13 North America Pharmaceutical Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Pharmaceutical Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Pharmaceutical Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 16 North America Pharmaceutical Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 17 North America White Oil Market by Application, 2020 - 2023, USD Million
TABLE 18 North America White Oil Market by Application, 2024 - 2031, USD Million
TABLE 19 North America White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 20 North America White Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 21 North America Cosmetics & Personal Care Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Cosmetics & Personal Care Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Cosmetics & Personal Care Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 24 North America Cosmetics & Personal Care Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 25 North America Food Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Food Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Food Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 28 North America Food Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 29 North America Pharmaceutical Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Pharmaceutical Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Pharmaceutical Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 32 North America Pharmaceutical Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 33 North America Plastic & Polymer Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Plastic & Polymer Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Plastic & Polymer Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36 North America Plastic & Polymer Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37 North America Textile Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Textile Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Textile Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 40 North America Textile Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 41 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 43 North America Others Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 44 North America Others Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 45 North America White Oil Market by Country, 2020 - 2023, USD Million
TABLE 46 North America White Oil Market by Country, 2024 - 2031, USD Million
TABLE 47 North America White Oil Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 48 North America White Oil Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 49 US White Oil Market, 2020 - 2023, USD Million
TABLE 50 US White Oil Market, 2024 - 2031, USD Million
TABLE 51 US White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 52 US White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 53 US White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 54 US White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 55 US White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 56 US White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 57 US White Oil Market by Application, 2020 - 2023, USD Million
TABLE 58 US White Oil Market by Application, 2024 - 2031, USD Million
TABLE 59 US White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 60 US White Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 61 Canada White Oil Market, 2020 - 2023, USD Million
TABLE 62 Canada White Oil Market, 2024 - 2031, USD Million
TABLE 63 Canada White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 64 Canada White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 65 Canada White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 66 Canada White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 67 Canada White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 68 Canada White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 69 Canada White Oil Market by Application, 2020 - 2023, USD Million
TABLE 70 Canada White Oil Market by Application, 2024 - 2031, USD Million
TABLE 71 Canada White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 72 Canada White Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 73 Mexico White Oil Market, 2020 - 2023, USD Million
TABLE 74 Mexico White Oil Market, 2024 - 2031, USD Million
TABLE 75 Mexico White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 76 Mexico White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 77 Mexico White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 78 Mexico White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 79 Mexico White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 80 Mexico White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 81 Mexico White Oil Market by Application, 2020 - 2023, USD Million
TABLE 82 Mexico White Oil Market by Application, 2024 - 2031, USD Million
TABLE 83 Mexico White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 84 Mexico White Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 85 Rest of North America White Oil Market, 2020 - 2023, USD Million
TABLE 86 Rest of North America White Oil Market, 2024 - 2031, USD Million
TABLE 87 Rest of North America White Oil Market, 2020 - 2023, Kilo Tonnes
TABLE 88 Rest of North America White Oil Market, 2024 - 2031, Kilo Tonnes
TABLE 89 Rest of North America White Oil Market by Grade, 2020 - 2023, USD Million
TABLE 90 Rest of North America White Oil Market by Grade, 2024 - 2031, USD Million
TABLE 91 Rest of North America White Oil Market by Grade, 2020 - 2023, Kilo Tonnes
TABLE 92 Rest of North America White Oil Market by Grade, 2024 - 2031, Kilo Tonnes
TABLE 93 Rest of North America White Oil Market by Application, 2020 - 2023, USD Million
TABLE 94 Rest of North America White Oil Market by Application, 2024 - 2031, USD Million
TABLE 95 Rest of North America White Oil Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 96 Rest of North America White Oil Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 97 Key Information – Castrol Ltd.
TABLE 98 Key Information – Sinopec Group
TABLE 99 Key Information – Eastman Chemical Company
TABLE 100 Key Information – Exxon Mobil Corporation
TABLE 101 Key Information – Lanxess AG
TABLE 102 Key Information – Shell plc
TABLE 103 Key Information – TotalEnergies SE
TABLE 104 Key Information – Indian Oil Corporation Ltd.
TABLE 105 Key Information – Sasol Limited
TABLE 106 Key Information – Reliance Petrochem Industries (Pvt) Limited

List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America White Oil Market share by Grade, 2023
FIG 6 North America White Oil Market share by Grade, 2031
FIG 7 North America White Oil Market by Grade, 2020 - 2031, USD Million
FIG 8 North America White Oil Market share by Application, 2023
FIG 9 North America White Oil Market share by Application, 2031
FIG 10 North America White Oil Market by Application, 2020 - 2031, USD Million
FIG 11 North America White Oil Market share by Country, 2023
FIG 12 North America White Oil Market share by Country, 2031
FIG 13 North America 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

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