White Oil Market analysis - Global Industry Analysis 2024

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White Oil Market by Product Type, Players and
Regions-Forecast to 2021
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Global Market Scenario of White Oil Industry

• White Oil Market size will exceed USD 2 billion
  by 2024, translating in volume of over 2,000 kilo
  tons according to a new research report by
  Global Market Insights, Inc.
• Increasing white oil consumption as lubricator,
  moisturizer and insulator in cosmetics,
  pharmaceutical and textile industries will propel
  the industry growth. Continuing growth of
  cosmetics including sunscreens, emollient creams,
  suntans lotions, cleansers, makeup hair care
  products will provide new opportunities for the
  industry. Advancement in production process
  enables complete removal of dust particles,
  improving its purity, odorless and tasteless
  properties, which enhances white oil market
  penetration in various end use industries.
• Strong application outlook in food, adhesives,
  paper, bakery, precision machinery, cement, wood
  and textile industries will surge the revenue
  growth. Increased product usage in consumer goods
  including food packaging, coating on vegetables,
  animal food and medications will drive white oil
  market demand size. Technical grade white oil
  approved by the FDA are used in the food
  beverage applications.

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Continued...

• White oil is used in manufacturing medical
  devices, laxatives, ointments and various
  excipients in healthcare industry. Prevalence of
  disease and demographic rise in APAC is expected
  to initiate the pharmaceuticals market demand in
  China and India.
• Rapid industrialization and urbanization
  particularly in the emerging countries have
  supported the product development. High product
  usage as hydraulic fluids and gear lubricants in
  industrial applications including compressors,
  machinery, vats and tanks will further favour
  white oil market growth.
• Plastics polymers dominates the white oil
  market share, accounted for over 50 in 2015.
  Surging demand for PVC lubricants, extenders,
  plastic annealing, thermoplastic elastomers,
  rubber and catalyst carriers are he stimulating
  factors of business demand. Moreover, mold
  release agents and extrusion aids are extensively
  used in the polymer production.
• Personal care cosmetics white oil market is set
  to observe growth exceeding 2.5 up to 2024.
  Rising demand for pure, durable and consistent
  products along with growing consumer spending has
  enhanced the industry growth.

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U.S. White Oil Market Size, By Application, (USD
Million), 2013-2024
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360 Analysis

• Allantoin Market, By Application
• The 2015 white oil market from plastic polymers
  was worth over USD 450 million. Rising demand for
  extrusion aids and mould release agents in
  plastic manufacture will drive the business
  demand. High product availability in wide range
  of viscosity, density and stability grades are
  the positively influencing factors of industry
  growth.
• Personal care cosmetics white oil market will
  witness CAGR over 2.5 up to 2024. High
  application scope as base material in skin
  creams, suntan lotions, baby and massage oil.
• Allantoin Market, By Region
• Asia Pacific white oil market share is the major
  contributor accounting for more than 60 of
  overall product consumption.
• North America white oil market will witness
  growth over 2.7 up to 2024
• Europe will witness notable gains in the forecast
  period, owing to increasing application scope for
  high grade products in healthcare, food and
  packaging industry.

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