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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.
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.
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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.
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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.
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.
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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.
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:
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Breakup by Grade |
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Breakup by Viscosity |
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Breakup by End Use |
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Breakup by Source |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*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
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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