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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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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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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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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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