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India White Oil Market

India White Oil Market Size, Share, Growth, Forecast: By Grade: Food, Pharma, Technical; By Viscosity: Low Viscosity, Medium Viscosity, Large Viscosity; By End Use: Personal Care and Cosmetics, Pharmaceuticals, Food Industry, Textile, Others; By Source: Domestic, Import; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

India White Oil Market Outlook

The India white oil market size is expected to grow at a CAGR of 1.80% between 2024 and 2032. The key market drivers are the growing utilisation of white oil in various applications such as personal care and cosmetics, pharmaceuticals, and food.


Key Trends in the Market

White oils are highly refined oils derived from base stocks that are paraffinic or naphthenic. They are mineral or synthetic oils that are colourless and odourless and are used in a variety of applications. White oils are a common staple in many industry verticals because they are chemically and biologically stable and prevent the formation of pathogenic microorganisms.

 

India White Oil Market

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  • In India, changing lifestyles and rising demand for fast food and baked goods are increasing the demand for white oil for handling dough and for lubricating food handling equipment. The demand for the India white oil market is projected to rise as its use as a lubricant expands in the food industry.
  • The ability of white oil to withstand moisture is encouraging its applications in personal care and cosmetics products in India. White oil is being widely used in the production of a variety of personal care products that are water resistant, including moisturisers, cosmetics, skincare products, infant products, hair oils, shampoos, body lotions, scents, and creams.
  • Pharmaceutical-grade white oil, the purest form of white oil, is utilised in the creation of vaccinations, lubricants for capsules, pelletising aids, ointment bases, and laxative jellies in the pharmaceutical sector. The expanding pharmaceuticals sector and increasing development of new products are further bolstering the India white oil market growth.

 

Market Analysis

Based on grade, the market is divided into food, pharma, and technical. By viscosity, the market is categorised into low viscosity, medium viscosity, and large viscosity. On the basis of end use, the market is segmented into personal care and cosmetics, pharmaceuticals, food industry, textile, and plastics and polymers, among others. By source, the market is bifurcated into domestic and import. The regional markets for white oil in India are North India, East India, West India, and South India.

 

India White Oil Market

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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the India white oil market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

 

  • APAR Industries Ltd.
  • Savita Oil
  • Nandan Petrochem Ltd.
  • Adinath Chemicals
  • Eastern Petroleum Pvt. Ltd.
  • Raj Petro Specialties Pvt. Ltd.
  • Bharat Petroleum Corporation Ltd. 
  • Gandhar Oil Refinery (India) Limited
  • Columbia Petro Chem Pvt. Ltd.
  • Others

 

Market Share by End Use

The pharmaceuticals segment, by end use, is anticipated to witness significant growth in the India white oil market, fuelled by the rapidly expanding pharmaceutical industry, both for domestic and export manufacturing. White oil is used extensively in pharmaceuticals for the production of creams, vaccines, ointment bases, balms, capsule lubricants, and laxative jellies. Furthermore, white oil is used in the pharmaceutical sector as a key lubricant in machinery and medical equipment. The production capacities of major pharmaceuticals companies for medicines, tablets, syrups, ointments, and other products is constantly rising, which is likely to improve the growth of the white oil market in India.

 

India White Oil Market

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Competitive Landscape

APAR Industries Ltd, founded in 1958 with headquarters in Mumbai, Maharashtra, is one of the biggest producers of transformer oils worldwide. It is a reliable manufacturer and supplier of conductors, gearbox cables, speciality oils, polymers and lubricants, and among the world's top producers of alloy conductors and aluminium.

 

Bharat Petroleum Corporation Ltd., established in 1952, is an integrated oil and gas corporation headquartered in Mumbai, Maharashtra. The company produces a variety of oil products, such as middle and light distillates, and distributes its products through a network of retailers, wholesalers, and dealers.

 

Other market players include Savita Oil, Nandan Petrochem Ltd., Adinath Chemicals, Eastern Petroleum Pvt. Ltd., Raj Petro Specialties Pvt. Ltd., Gandhar Oil Refinery (India) Limited, and Columbia Petro Chem Pvt. Ltd., among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Grade
  • Viscosity
  • End Use
  • Source
  • Region
Breakup by Grade
  • Food
  • Pharma
  • Technical
Breakup by Viscosity
  • Low Viscosity
  • Medium Viscosity
  • Large Viscosity
Breakup by End Use
  • Personal Care and Cosmetics
  • Pharmaceuticals
  • Food Industry
  • Textile
  • Plastics and Polymers
  • Others
Breakup by Source
  • Domestic
  • Import
Breakup by Region
  • North India
  • East India
  • West India
  • South India
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • APAR Industries Ltd.
  • Savita Oil
  • Nandan Petrochem Ltd.
  • Adinath Chemicals
  • Eastern Petroleum Pvt. Ltd.
  • Raj Petro Specialties Pvt. Ltd.
  • Bharat Petroleum Corporation Ltd.
  • Gandhar Oil Refinery (India) Limited
  • Columbia Petro Chem Pvt. Ltd.
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface 
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions   
5    Executive Summary 

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    India White Oil Market Overview

    8.1    Key Industry Highlights
    8.2    India White Oil Historical Market (2018-2023) 
    8.3    India White Oil Market Forecast (2024-2032)
9    India White Oil Market by Grade
    9.1    Food
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Pharma
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
    9.3    Technical
        9.3.1    Historical Trend (2018-2023) 
        9.3.2    Forecast Trend (2024-2032)
10    India White Oil Market by Viscosity
    10.1    Low Viscosity
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Medium Viscosity
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    Large Viscosity
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
11    India White Oil Market by End Use
    11.1    Personal Care and Cosmetics
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Pharmaceuticals
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    Food Industry
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    Textile
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Plastics and Polymers 
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    India White Oil Market by Source
    12.1    Domestic
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Import
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
13    India White Oil Market by Region
    13.1    North India
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    East India
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    West India
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South India
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis
17    White Oil Manufacturing Process

    17.1    Product Overview
    17.2    Raw Material Requirements
    17.3    Manufacturing Process
    17.4    Key Success and Risk Factors
18    Project Details and Cost Analysis
    18.1    Land, Location and Site Development
    18.2    Construction
    18.3    Plant Layout
    18.4    Plant Machinery
    18.5    Raw Material Requirement
    18.6    Packaging
    18.7    Transportation
    18.8    Utilities
    18.9    Manpower
    18.10    Other Capital Investment
19    Customer Analysis
20    Competitive Landscape

    20.1    Market Structure
    20.2    Company Profiles
        20.2.1    APAR Industries Ltd.
            20.2.1.1    Company Overview
            20.2.1.2    Product Portfolio
            20.2.1.3    Demographic Reach and Achievements
            20.2.1.4    Certifications
        20.2.2    Savita Oil
            20.2.2.1    Company Overview
            20.2.2.2    Product Portfolio
            20.2.2.3    Demographic Reach and Achievements
            20.2.2.4    Certifications
        20.2.3    Nandan Petrochem Ltd.
            20.2.3.1    Company Overview
            20.2.3.2    Product Portfolio
            20.2.3.3    Demographic Reach and Achievements
            20.2.3.4    Certifications
        20.2.4    Adinath Chemicals
            20.2.4.1    Company Overview
            20.2.4.2    Product Portfolio
            20.2.4.3    Demographic Reach and Achievements
            20.2.4.4    Certifications
        20.2.5    Eastern Petroleum Pvt. Ltd.
            20.2.5.1    Company Overview
            20.2.5.2    Product Portfolio
            20.2.5.3    Demographic Reach and Achievements
            20.2.5.4    Certifications
        20.2.6    Raj Petro Specialties Pvt. Ltd.
            20.2.6.1    Company Overview
            20.2.6.2    Product Portfolio
            20.2.6.3    Demographic Reach and Achievements
            20.2.6.4    Certifications
        20.2.7    Bharat Petroleum Corporation Ltd. 
            20.2.7.1    Company Overview
            20.2.7.2    Product Portfolio
            20.2.7.3    Demographic Reach and Achievements
            20.2.7.4    Certifications
        20.2.8    Gandhar Oil Refinery (India) Limited
            20.2.8.1    Company Overview
            20.2.8.2    Product Portfolio
            20.2.8.3    Demographic Reach and Achievements
            20.2.8.4    Certifications
        20.2.9    Columbia Petro Chem Pvt. Ltd.
            20.2.9.1    Company Overview
            20.2.9.2    Product Portfolio
            20.2.9.3    Demographic Reach and Achievements
            20.2.9.4    Certifications
        20.2.10    Others
21    Key Trends and Developments in the Market
22    Recommendations and Discussion

    22.1    Awareness and Perception of Leading Brands 
    22.2    Pricing Strategies
    22.3    Key Segment to Target


List of Key Figures and Tables

1.    India White Oil Market: Key Industry Highlights, 2018 and 2032
2.    India White Oil Historical Market: Breakup by Grade (USD Million), 2018-2023
3.    India White Oil Market Forecast: Breakup by Grade (USD Million), 2024-2032
4.    India White Oil Historical Market: Breakup by Velocity (USD Million), 2018-2023
5.    India White Oil Market Forecast: Breakup by Velocity (USD Million), 2024-2032
6.    India White Oil Historical Market: Breakup by End Use (USD Million), 2018-2023
7.    India White Oil Market Forecast: Breakup by End Use (USD Million), 2024-2032
8.    India White Oil Historical Market: Breakup by Source (USD Million), 2018-2023
9.    India White Oil Market Forecast: Breakup by Source (USD Million), 2024-2032
10.    India White Oil Historical Market: Breakup by Region (USD Million), 2018-2023
11.    India White Oil Market Forecast: Breakup by Region (USD Million), 2024-2032
12.    India White Oil Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 1.80% between 2024 and 2032.

The major drivers of the market include the versatile nature of white oil, rising production capacities, and increasing usage in pharmaceuticals.

Rising demand for personal care products, increasing preference for convenient foods, and use of white oil as a machine lubricant are the key trends propelling the growth of the market.

The major regions in the market are North India, East India, West India, and South India.

The various end uses of white oil in the market are personal care and cosmetics, pharmaceuticals, food industry, textile, and plastics and polymers, among others.

The primary sources of white oil in India are domestic and import.

The significant grades of white oil in the market are food, pharma, and technical.

The major players in the India white oil market,according to the report, are APAR Industries Ltd., Savita Oil, Nandan Petrochem Ltd., Adinath Chemicals, Eastern Petroleum Pvt. Ltd., Raj Petro Specialties Pvt. Ltd., Bharat Petroleum Corporation Ltd., Gandhar Oil Refinery (India) Limited, and Columbia Petro Chem Pvt. Ltd., among others.

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