デフォルト表紙
市場調査レポート
商品コード
1602245

ホワイトオイル市場:グレード、製品、用途別-2025-2030年の世界予測

White Oil Market by Grade (Industrial Grade, Pharmaceutical Grade), Product (Heavy Paraffinic, Light Paraffinic, Naphthenic), Application - Global Forecast 2025-2030


出版日
発行
360iResearch
ページ情報
英文 184 Pages
納期
即日から翌営業日
カスタマイズ可能
適宜更新あり
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=144.11円
ホワイトオイル市場:グレード、製品、用途別-2025-2030年の世界予測
出版日: 2024年10月31日
発行: 360iResearch
ページ情報: 英文 184 Pages
納期: 即日から翌営業日
GIIご利用のメリット
  • 全表示
  • 概要
  • 図表
  • 目次
概要

ホワイトオイル市場は、2023年に36億4,000万米ドルと評価され、2024年には38億3,000万米ドルに達すると予測され、CAGR 5.52%で成長し、2030年には53億1,000万米ドルになると予測されています。

高度に精製された鉱物油であるホワイトオイルは、無色・無臭・無毒であるため、さまざまな産業で不可欠な成分となっています。ホワイトオイルの使用範囲は、化粧品、医薬品、食品、工業用途に及び、その純度と安定性により、潤滑剤、保湿剤、離型剤として使用されています。その最終用途の範囲には、保湿ローションのパーソナルケア、軟膏の医薬品、ゴムやプラスチック加工のような工業用途などの分野が含まれます。

主な市場の統計
基準年[2023] 36億4,000万米ドル
推定年[2024] 38億3,000万米ドル
予測年[2030] 53億1,000万米ドル
CAGR(%) 5.52%

ホワイトオイルの市場成長は、主にパーソナルケアおよび製薬業界からの需要増加によってもたらされます。衛生や身だしなみに関する消費者の意識の高まりと、皮膚科学的解決策に焦点を当てた急成長中の医薬品部門が主な成長要因です。さらに、より安全な食品用潤滑剤に対する食品業界の厳しい基準が、市場拡大を際立たせています。産業の拡大と都市化が需要を牽引するアジア太平洋とラテンアメリカの新興市場には、潜在的なビジネスチャンスがあります。こうした機会を活用するため、企業は輸入コストを抑えるための現地製造ユニットの設立や、地域の嗜好に合わせた革新的な製品処方の開発に注力すべきです。

しかし、市場は原料価格の変動や、石油加工と環境安全性に関する厳しい規制による制約に直面しています。安全基準や環境規制の遵守が課題となり、製品の品質を確保するための研究開発に多額の投資が必要となります。合成代替品やバイオベースの白色油のイノベーションを探求することで、環境基準に沿った持続可能なソリューションを提供し、新たな成長の道を切り開くことができると思われます。

調査と技術革新は、環境への影響を緩和し、製品の有効性を高め、コストを削減するために、環境に優しい配合と効率的な加工技術を優先すべきです。市場はダイナミックで、製品の純度、有効性、規制遵守に基づく競争があります。競争力を維持し、進化する環境基準や消費者基準に沿った持続可能なソリューションを提供するために、企業は高度な精製技術やバイオベースの代替品に焦点を当てた研究開発イニシアティブに投資すべきです。

市場力学:急速に進化するホワイトオイル市場における主要市場洞察の解明

ホワイトオイル市場は、需要と供給のダイナミックな相互作用によって変貌を遂げています。このような市場力学の進化を理解することで、企業は十分な情報に基づいた投資決定、戦略的意思決定、新たなビジネスチャンスの獲得を行うことができます。これらの動向を包括的に把握することで、企業は政治的、地理的、技術的、社会的、経済的な領域にわたる様々なリスクを軽減することができ、また、消費者行動とそれが製造コストや購買動向に与える影響をより明確に理解することができます。

  • 市場促進要因
    • 世界の化粧品・パーソナルケアおよび医薬品産業の成長
    • プラスチック・エラストマーの拡大と熱可塑性ポリマーの需要拡大
    • 食品グレードの浸透ホワイトオイル
  • 市場抑制要因
    • パラフィンの環境影響とともにホワイトオイルの人体への悪影響
  • 市場機会
    • コスト効率の高い製品を開発するための研究開発活動の活発化
    • 環境負荷が少ないナフテン系オイルの可能性
  • 市場の課題
    • 食品と医薬品におけるホワイトオイルの使用に関する政府の厳しい規制
    • 原油価格の変動

ポーターのファイブフォース:ホワイトオイル市場をナビゲートする戦略ツール

ポーターのファイブフォースフレームワークは、市場情勢の競合情勢を理解するための重要なツールです。ポーターのファイブフォース・フレームワークは、企業の競争力を評価し、戦略的機会を探るための明確な手法を提供します。このフレームワークは、企業が市場内の勢力図を評価し、新規事業の収益性を判断するのに役立ちます。これらの洞察により、企業は自社の強みを活かし、弱みに対処し、潜在的な課題を回避することができ、より強靭な市場でのポジショニングを確保することができます。

PESTLE分析:ホワイトオイル市場における外部からの影響の把握

外部マクロ環境要因は、ホワイトオイル市場の業績ダイナミクスを形成する上で極めて重要な役割を果たします。政治的、経済的、社会的、技術的、法的、環境的要因の分析は、これらの影響をナビゲートするために必要な情報を提供します。PESTLE要因を調査することで、企業は潜在的なリスクと機会をよりよく理解することができます。この分析により、企業は規制、消費者の嗜好、経済動向の変化を予測し、先を見越した積極的な意思決定を行う準備ができます。

市場シェア分析ホワイトオイル市場における競合情勢の把握

ホワイトオイル市場の詳細な市場シェア分析により、ベンダーの業績を包括的に評価することができます。企業は、収益、顧客ベース、成長率などの主要指標を比較することで、競争上のポジショニングを明らかにすることができます。この分析により、市場の集中、断片化、統合の動向が明らかになり、ベンダーは競争が激化する中で自社の地位を高める戦略的な意思決定を行うために必要な知見を得ることができます。

FPNVポジショニング・マトリックスホワイトオイル市場におけるベンダーのパフォーマンス評価

FPNVポジショニングマトリックスは、ホワイトオイル市場においてベンダーを評価するための重要なツールです。このマトリックスにより、ビジネス組織はベンダーのビジネス戦略と製品満足度に基づき評価することで、目標に沿った十分な情報に基づいた意思決定を行うことができます。4つの象限はベンダーを明確かつ正確に区分し、ユーザーが戦略目標に最適なパートナーやソリューションを特定するのに役立ちます。

本レポートは、主要な注目分野を網羅した包括的な市場分析を提供しています:

1.市場の浸透度:業界主要企業の広範なデータを含む、現在の市場環境の詳細なレビュー。

2.市場の開拓度:新興市場における成長機会を特定し、既存分野における拡大可能性を評価し、将来の成長に向けた戦略的ロードマップを提供します。

3.市場の多様化:最近の製品発売、未開拓の地域、業界の主要な進歩、市場を形成する戦略的投資を分析します。

4.競合の評価と情報:競合情勢を徹底的に分析し、市場シェア、事業戦略、製品ポートフォリオ、認証、規制当局の承認、特許動向、主要企業の技術進歩などを検証します。

5.製品開発およびイノベーション:将来の市場成長を促進すると期待される最先端技術、研究開発活動、製品イノベーションをハイライトしています。

また、利害関係者が十分な情報を得た上で意思決定できるよう、重要な質問にも答えています:

1.現在の市場規模と今後の成長予測は?

2.最高の投資機会を提供する製品、セグメント、地域はどこか?

3.市場を形成する主な技術動向と規制の影響とは?

4.主要ベンダーの市場シェアと競合ポジションは?

5.ベンダーの市場参入・撤退戦略の原動力となる収益源と戦略的機会は何か?

目次

第1章 序文

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 市場の概要

第5章 市場洞察

  • 市場力学
    • 促進要因
      • 化粧品・パーソナルケアおよび医薬品業界の世界的成長
      • プラスチック・エラストマーの拡大と熱可塑性ポリマーの需要
      • 食品グレードの浸透ホワイトオイル
    • 抑制要因
      • パラフィンの環境への影響とホワイトオイルの人体健康への悪影響
    • 機会
      • コスト効率の高い製品を開発するための研究開発活動の強化
      • 環境への影響が少ないナフテン系石油の可能性
    • 課題
      • 食品および医薬品におけるホワイトオイルの使用に関する厳格な政府規制
      • 原油価格の変動
  • 市場セグメンテーション分析
    • グレード:工業用グレードの高消費ホワイトオイル
    • 応用:金属加工におけるホワイトオイルの重要な応用
  • ポーターのファイブフォース分析
  • PESTEL分析
    • 政治的
    • 経済
    • 社交
    • 技術的
    • 法律上
    • 環境
  • 顧客のカスタマイズ

第6章 ホワイトオイル市場:グレード別

  • 工業グレード
  • 医薬品グレード

第7章 ホワイトオイル市場:製品別

  • 重質パラフィン
  • 軽質パラフィン
  • ナフテン

第8章 ホワイトオイル市場:用途別

  • 接着剤
  • 農業
  • 飲食品
  • 金属加工アプリケーション
  • パーソナルケア
  • 製薬
  • プラスチックとエラストマー
  • 繊維

第9章 南北アメリカのホワイトオイル市場

  • アルゼンチン
  • ブラジル
  • カナダ
  • メキシコ
  • 米国

第10章 アジア太平洋地域のホワイトオイル市場

  • オーストラリア
  • 中国
  • インド
  • インドネシア
  • 日本
  • マレーシア
  • フィリピン
  • シンガポール
  • 韓国
  • 台湾
  • タイ
  • ベトナム

第11章 欧州・中東・アフリカのホワイトオイル市場

  • デンマーク
  • エジプト
  • フィンランド
  • フランス
  • ドイツ
  • イスラエル
  • イタリア
  • オランダ
  • ナイジェリア
  • ノルウェー
  • ポーランド
  • カタール
  • ロシア
  • サウジアラビア
  • 南アフリカ
  • スペイン
  • スウェーデン
  • スイス
  • トルコ
  • アラブ首長国連邦
  • 英国

第12章 競合情勢

  • 市場シェア分析2023
  • FPNVポジショニングマトリックス, 2023
  • 競合シナリオ分析
    • シェブロン・ルムス・世界とホンルン・ペトロケミカルが世界最大級の全水素化処理ユニットの1つを正常に稼働
    • ヘミスフィア株式会社がホワイトオイル株式会社を買収
    • キンベル・ロイヤルティ・パートナーズ、LPがミッドランド・ベイスンの鉱物資源とロイヤルティを1億4,310万米ドルで買収すると発表

企業一覧

  • Chevron Corporation
  • Petro-Canada Lubricants Inc.
  • H&R GmbH & Co. KGaA
  • Raj Petro Specialities Pvt. Ltd.
  • TotalEnergies SE
  • Exxon Mobil Corporation
  • Adinath Chemicals
  • Nandan Petrochem Ltd.
  • BP PLC
  • Phillips 66 Company
  • Idemitsu Kosan Co.,Ltd.
  • C.J. Robinson Company, Inc.
  • Panama Petrochem Ltd.
  • HollyFrontier Corporation
  • Eastern Petroleum Pvt. Ltd.
  • Nynas AB
  • Shell PLC
  • China Petrochemical Corporation
  • Renkert Oil LLC
  • Savita Oil Technologies Ltd.
  • Fuchs Petrolub SE
  • Oxiteno S.A. by Indorama Ventures Public Company Limited(IVL)
  • Bharat Petroleum Corporation Limited
  • Sasol Limited
  • Indian Oil Corporation Limited
  • Calumet Specialty Products Partners, L.P.
図表

LIST OF FIGURES

  • FIGURE 1. WHITE OIL MARKET RESEARCH PROCESS
  • FIGURE 2. WHITE OIL MARKET SIZE, 2023 VS 2030
  • FIGURE 3. GLOBAL WHITE OIL MARKET SIZE, 2018-2030 (USD MILLION)
  • FIGURE 4. GLOBAL WHITE OIL MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
  • FIGURE 5. GLOBAL WHITE OIL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
  • FIGURE 6. GLOBAL WHITE OIL MARKET SIZE, BY GRADE, 2023 VS 2030 (%)
  • FIGURE 7. GLOBAL WHITE OIL MARKET SIZE, BY GRADE, 2023 VS 2024 VS 2030 (USD MILLION)
  • FIGURE 8. GLOBAL WHITE OIL MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
  • FIGURE 9. GLOBAL WHITE OIL MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
  • FIGURE 10. GLOBAL WHITE OIL MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
  • FIGURE 11. GLOBAL WHITE OIL MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
  • FIGURE 12. AMERICAS WHITE OIL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
  • FIGURE 13. AMERICAS WHITE OIL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
  • FIGURE 14. UNITED STATES WHITE OIL MARKET SIZE, BY STATE, 2023 VS 2030 (%)
  • FIGURE 15. UNITED STATES WHITE OIL MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
  • FIGURE 16. ASIA-PACIFIC WHITE OIL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
  • FIGURE 17. ASIA-PACIFIC WHITE OIL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
  • FIGURE 18. EUROPE, MIDDLE EAST & AFRICA WHITE OIL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
  • FIGURE 19. EUROPE, MIDDLE EAST & AFRICA WHITE OIL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
  • FIGURE 20. WHITE OIL MARKET SHARE, BY KEY PLAYER, 2023
  • FIGURE 21. WHITE OIL MARKET, FPNV POSITIONING MATRIX, 2023

LIST OF TABLES

  • TABLE 1. WHITE OIL MARKET SEGMENTATION & COVERAGE
  • TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018-2023
  • TABLE 3. GLOBAL WHITE OIL MARKET SIZE, 2018-2030 (USD MILLION)
  • TABLE 4. GLOBAL WHITE OIL MARKET SIZE, BY REGION, 2018-2030 (USD MILLION)
  • TABLE 5. GLOBAL WHITE OIL MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
  • TABLE 6. WHITE OIL MARKET DYNAMICS
  • TABLE 7. GLOBAL WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 8. GLOBAL WHITE OIL MARKET SIZE, BY INDUSTRIAL GRADE, BY REGION, 2018-2030 (USD MILLION)
  • TABLE 9. GLOBAL WHITE OIL MARKET SIZE, BY PHARMACEUTICAL GRADE, BY REGION, 2018-2030 (USD MILLION)
  • TABLE 10. GLOBAL WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 11. GLOBAL WHITE OIL MARKET SIZE, BY HEAVY PARAFFINIC, BY REGION, 2018-2030 (USD MILLION)
  • TABLE 12. GLOBAL WHITE OIL MARKET SIZE, BY LIGHT PARAFFINIC, BY REGION, 2018-2030 (USD MILLION)
  • TABLE 13. GLOBAL WHITE OIL MARKET SIZE, BY NAPHTHENIC, BY REGION, 2018-2030 (USD MILLION)
  • TABLE 14. GLOBAL WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 15. GLOBAL WHITE OIL MARKET SIZE, BY ADHESIVES, BY REGION, 2018-2030 (USD MILLION)
  • TABLE 16. GLOBAL WHITE OIL MARKET SIZE, BY AGRICULTURE, BY REGION, 2018-2030 (USD MILLION)
  • TABLE 17. GLOBAL WHITE OIL MARKET SIZE, BY FOOD & BEVERAGE, BY REGION, 2018-2030 (USD MILLION)
  • TABLE 18. GLOBAL WHITE OIL MARKET SIZE, BY METALWORKING APPLICATIONS, BY REGION, 2018-2030 (USD MILLION)
  • TABLE 19. GLOBAL WHITE OIL MARKET SIZE, BY PERSONAL CARE, BY REGION, 2018-2030 (USD MILLION)
  • TABLE 20. GLOBAL WHITE OIL MARKET SIZE, BY PHARMACEUTICAL, BY REGION, 2018-2030 (USD MILLION)
  • TABLE 21. GLOBAL WHITE OIL MARKET SIZE, BY PLASTICS & ELASTOMERS, BY REGION, 2018-2030 (USD MILLION)
  • TABLE 22. GLOBAL WHITE OIL MARKET SIZE, BY TEXTILE, BY REGION, 2018-2030 (USD MILLION)
  • TABLE 23. AMERICAS WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 24. AMERICAS WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 25. AMERICAS WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 26. AMERICAS WHITE OIL MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
  • TABLE 27. ARGENTINA WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 28. ARGENTINA WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 29. ARGENTINA WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 30. BRAZIL WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 31. BRAZIL WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 32. BRAZIL WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 33. CANADA WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 34. CANADA WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 35. CANADA WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 36. MEXICO WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 37. MEXICO WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 38. MEXICO WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 39. UNITED STATES WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 40. UNITED STATES WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 41. UNITED STATES WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 42. UNITED STATES WHITE OIL MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
  • TABLE 43. ASIA-PACIFIC WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 44. ASIA-PACIFIC WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 45. ASIA-PACIFIC WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 46. ASIA-PACIFIC WHITE OIL MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
  • TABLE 47. AUSTRALIA WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 48. AUSTRALIA WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 49. AUSTRALIA WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 50. CHINA WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 51. CHINA WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 52. CHINA WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 53. INDIA WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 54. INDIA WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 55. INDIA WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 56. INDONESIA WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 57. INDONESIA WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 58. INDONESIA WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 59. JAPAN WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 60. JAPAN WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 61. JAPAN WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 62. MALAYSIA WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 63. MALAYSIA WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 64. MALAYSIA WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 65. PHILIPPINES WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 66. PHILIPPINES WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 67. PHILIPPINES WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 68. SINGAPORE WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 69. SINGAPORE WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 70. SINGAPORE WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 71. SOUTH KOREA WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 72. SOUTH KOREA WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 73. SOUTH KOREA WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 74. TAIWAN WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 75. TAIWAN WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 76. TAIWAN WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 77. THAILAND WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 78. THAILAND WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 79. THAILAND WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 80. VIETNAM WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 81. VIETNAM WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 82. VIETNAM WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 83. EUROPE, MIDDLE EAST & AFRICA WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 84. EUROPE, MIDDLE EAST & AFRICA WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 85. EUROPE, MIDDLE EAST & AFRICA WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 86. EUROPE, MIDDLE EAST & AFRICA WHITE OIL MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
  • TABLE 87. DENMARK WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 88. DENMARK WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 89. DENMARK WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 90. EGYPT WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 91. EGYPT WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 92. EGYPT WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 93. FINLAND WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 94. FINLAND WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 95. FINLAND WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 96. FRANCE WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 97. FRANCE WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 98. FRANCE WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 99. GERMANY WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 100. GERMANY WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 101. GERMANY WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 102. ISRAEL WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 103. ISRAEL WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 104. ISRAEL WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 105. ITALY WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 106. ITALY WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 107. ITALY WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 108. NETHERLANDS WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 109. NETHERLANDS WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 110. NETHERLANDS WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 111. NIGERIA WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 112. NIGERIA WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 113. NIGERIA WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 114. NORWAY WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 115. NORWAY WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 116. NORWAY WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 117. POLAND WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 118. POLAND WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 119. POLAND WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 120. QATAR WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 121. QATAR WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 122. QATAR WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 123. RUSSIA WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 124. RUSSIA WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 125. RUSSIA WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 126. SAUDI ARABIA WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 127. SAUDI ARABIA WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 128. SAUDI ARABIA WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 129. SOUTH AFRICA WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 130. SOUTH AFRICA WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 131. SOUTH AFRICA WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 132. SPAIN WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 133. SPAIN WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 134. SPAIN WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 135. SWEDEN WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 136. SWEDEN WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 137. SWEDEN WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 138. SWITZERLAND WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 139. SWITZERLAND WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 140. SWITZERLAND WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 141. TURKEY WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 142. TURKEY WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 143. TURKEY WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 144. UNITED ARAB EMIRATES WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 145. UNITED ARAB EMIRATES WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 146. UNITED ARAB EMIRATES WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 147. UNITED KINGDOM WHITE OIL MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
  • TABLE 148. UNITED KINGDOM WHITE OIL MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
  • TABLE 149. UNITED KINGDOM WHITE OIL MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
  • TABLE 150. WHITE OIL MARKET SHARE, BY KEY PLAYER, 2023
  • TABLE 151. WHITE OIL MARKET, FPNV POSITIONING MATRIX, 2023
目次
Product Code: MRR-0346084E0639

The White Oil Market was valued at USD 3.64 billion in 2023, expected to reach USD 3.83 billion in 2024, and is projected to grow at a CAGR of 5.52%, to USD 5.31 billion by 2030.

White oil, a highly refined mineral oil, is an essential component across various industries due to its colorless, odorless, and non-toxic properties. The scope of white oil spans its necessity in cosmetics, pharmaceuticals, food, and industrial applications, where it's used as a lubricant, moisturizer, and release agent owing to its purity and stability. Its end-use scope includes sectors such as personal care for moisturizing lotions, pharmaceuticals for ointments, and industrial uses like rubber and plastic processing.

KEY MARKET STATISTICS
Base Year [2023] USD 3.64 billion
Estimated Year [2024] USD 3.83 billion
Forecast Year [2030] USD 5.31 billion
CAGR (%) 5.52%

Market growth for white oil is primarily driven by increasing demand from the personal care and pharmaceutical industries. Rising consumer awareness regarding hygiene and personal grooming, coupled with a burgeoning pharmaceuticals sector focusing on dermatological solutions, are key growth factors. Additionally, the food industry's stringent standards for safer food-grade lubricants accentuate market expansion. Potential opportunities arise from emerging markets in Asia-Pacific and Latin America, where industrial expansion and urbanization drive demand. To capitalize on these opportunities, companies should focus on establishing local manufacturing units to curtail import costs and developing innovative product formulations catering to regional preferences.

However, the market faces limitations due to fluctuating raw material prices and stringent regulatory constraints related to oil processing and environmental safety. Compliance with safety standards and environmental regulations poses a challenge, requiring significant investment in research and development to ensure product quality. Exploring innovations in synthetic alternatives or bio-based white oils could unlock new growth avenues, offering sustainable solutions that align with environmental standards.

Research and innovation should prioritize eco-friendly formulations and efficient processing techniques to mitigate environmental impacts, enhance product efficacy, and reduce costs. The market is dynamic, with competition based on product purity, efficacy, and regulatory compliance. Companies should invest in R&D initiatives focusing on advanced refinement technologies and bio-based alternatives to remain competitive and provide sustainable solutions in alignment with evolving environmental and consumer standards.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving White Oil Market

The White Oil Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

  • Market Drivers
    • Growth in Cosmetics & Personal Care and Pharmaceutical Industry Worldwide
    • Expansion of Plastics & Elastomers and Demand for Thermoplastic Polymers
    • Penetration of Food Grade White Oil
  • Market Restraints
    • Adverse Effects of White Oil on Human Health along with Environmental Impact of Paraffins
  • Market Opportunities
    • Increasing R&D activities to develop cost-efficient products
    • Potential for Naphthenic Oil Due to Less Environmental Impact
  • Market Challenges
    • Stringent Government Regulations on the Use of White Oil in the Food and Pharmaceutical
    • Fluctuations in Crude Oil Prices

Porter's Five Forces: A Strategic Tool for Navigating the White Oil Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the White Oil Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the White Oil Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the White Oil Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the White Oil Market

A detailed market share analysis in the White Oil Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the White Oil Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the White Oil Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Key Company Profiles

The report delves into recent significant developments in the White Oil Market, highlighting leading vendors and their innovative profiles. These include Chevron Corporation, Petro-Canada Lubricants Inc., H&R GmbH & Co. KGaA, Raj Petro Specialities Pvt. Ltd., TotalEnergies SE, Exxon Mobil Corporation, Adinath Chemicals, Nandan Petrochem Ltd., BP PLC, Phillips 66 Company, Idemitsu Kosan Co.,Ltd., C.J. Robinson Company, Inc., Panama Petrochem Ltd., HollyFrontier Corporation, Eastern Petroleum Pvt. Ltd., Nynas AB, Shell PLC, China Petrochemical Corporation, Renkert Oil LLC, Savita Oil Technologies Ltd., Fuchs Petrolub SE, Oxiteno S.A. by Indorama Ventures Public Company Limited (IVL), Bharat Petroleum Corporation Limited, Sasol Limited, Indian Oil Corporation Limited, and Calumet Specialty Products Partners, L.P..

Market Segmentation & Coverage

This research report categorizes the White Oil Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Based on Grade, market is studied across Industrial Grade and Pharmaceutical Grade.
  • Based on Product, market is studied across Heavy Paraffinic, Light Paraffinic, and Naphthenic.
  • Based on Application, market is studied across Adhesives, Agriculture, Food & Beverage, Metalworking Applications, Personal Care, Pharmaceutical, Plastics & Elastomers, and Textile.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

  • 1.1. Objectives of the Study
  • 1.2. Market Segmentation & Coverage
  • 1.3. Years Considered for the Study
  • 1.4. Currency & Pricing
  • 1.5. Language
  • 1.6. Stakeholders

2. Research Methodology

  • 2.1. Define: Research Objective
  • 2.2. Determine: Research Design
  • 2.3. Prepare: Research Instrument
  • 2.4. Collect: Data Source
  • 2.5. Analyze: Data Interpretation
  • 2.6. Formulate: Data Verification
  • 2.7. Publish: Research Report
  • 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

  • 5.1. Market Dynamics
    • 5.1.1. Drivers
      • 5.1.1.1. Growth in Cosmetics & Personal Care and Pharmaceutical Industry Worldwide
      • 5.1.1.2. Expansion of Plastics & Elastomers and Demand for Thermoplastic Polymers
      • 5.1.1.3. Penetration of Food Grade White Oil
    • 5.1.2. Restraints
      • 5.1.2.1. Adverse Effects of White Oil on Human Health along with Environmental Impact of Paraffins
    • 5.1.3. Opportunities
      • 5.1.3.1. Increasing R&D activities to develop cost-efficient products
      • 5.1.3.2. Potential for Naphthenic Oil Due to Less Environmental Impact
    • 5.1.4. Challenges
      • 5.1.4.1. Stringent Government Regulations on the Use of White Oil in the Food and Pharmaceutical
      • 5.1.4.2. Fluctuations in Crude Oil Prices
  • 5.2. Market Segmentation Analysis
    • 5.2.1. Grade: High consumption of industrial-grade white oil
    • 5.2.2. Application: Significant application of white oil in metalworking
  • 5.3. Porter's Five Forces Analysis
    • 5.3.1. Threat of New Entrants
    • 5.3.2. Threat of Substitutes
    • 5.3.3. Bargaining Power of Customers
    • 5.3.4. Bargaining Power of Suppliers
    • 5.3.5. Industry Rivalry
  • 5.4. PESTLE Analysis
    • 5.4.1. Political
    • 5.4.2. Economic
    • 5.4.3. Social
    • 5.4.4. Technological
    • 5.4.5. Legal
    • 5.4.6. Environmental
  • 5.5. Client Customization

6. White Oil Market, by Grade

  • 6.1. Introduction
  • 6.2. Industrial Grade
  • 6.3. Pharmaceutical Grade

7. White Oil Market, by Product

  • 7.1. Introduction
  • 7.2. Heavy Paraffinic
  • 7.3. Light Paraffinic
  • 7.4. Naphthenic

8. White Oil Market, by Application

  • 8.1. Introduction
  • 8.2. Adhesives
  • 8.3. Agriculture
  • 8.4. Food & Beverage
  • 8.5. Metalworking Applications
  • 8.6. Personal Care
  • 8.7. Pharmaceutical
  • 8.8. Plastics & Elastomers
  • 8.9. Textile

9. Americas White Oil Market

  • 9.1. Introduction
  • 9.2. Argentina
  • 9.3. Brazil
  • 9.4. Canada
  • 9.5. Mexico
  • 9.6. United States

10. Asia-Pacific White Oil Market

  • 10.1. Introduction
  • 10.2. Australia
  • 10.3. China
  • 10.4. India
  • 10.5. Indonesia
  • 10.6. Japan
  • 10.7. Malaysia
  • 10.8. Philippines
  • 10.9. Singapore
  • 10.10. South Korea
  • 10.11. Taiwan
  • 10.12. Thailand
  • 10.13. Vietnam

11. Europe, Middle East & Africa White Oil Market

  • 11.1. Introduction
  • 11.2. Denmark
  • 11.3. Egypt
  • 11.4. Finland
  • 11.5. France
  • 11.6. Germany
  • 11.7. Israel
  • 11.8. Italy
  • 11.9. Netherlands
  • 11.10. Nigeria
  • 11.11. Norway
  • 11.12. Poland
  • 11.13. Qatar
  • 11.14. Russia
  • 11.15. Saudi Arabia
  • 11.16. South Africa
  • 11.17. Spain
  • 11.18. Sweden
  • 11.19. Switzerland
  • 11.20. Turkey
  • 11.21. United Arab Emirates
  • 11.22. United Kingdom

12. Competitive Landscape

  • 12.1. Market Share Analysis, 2023
  • 12.2. FPNV Positioning Matrix, 2023
  • 12.3. Competitive Scenario Analysis
    • 12.3.1. Chevron Lummus Global and Hongrun Petrochemical Successfully Commission One of The World's Largest All-Hydroprocessing White Oil Units
    • 12.3.2. Hemisphere Ltd. Acquires White Oil Co.
    • 12.3.3. Kimbell Royalty Partners, LP Announces USD 143.1 Million Midland Basin Mineral and Royalty Acquisition

Companies Mentioned

  • 1. Chevron Corporation
  • 2. Petro-Canada Lubricants Inc.
  • 3. H&R GmbH & Co. KGaA
  • 4. Raj Petro Specialities Pvt. Ltd.
  • 5. TotalEnergies SE
  • 6. Exxon Mobil Corporation
  • 7. Adinath Chemicals
  • 8. Nandan Petrochem Ltd.
  • 9. BP PLC
  • 10. Phillips 66 Company
  • 11. Idemitsu Kosan Co.,Ltd.
  • 12. C.J. Robinson Company, Inc.
  • 13. Panama Petrochem Ltd.
  • 14. HollyFrontier Corporation
  • 15. Eastern Petroleum Pvt. Ltd.
  • 16. Nynas AB
  • 17. Shell PLC
  • 18. China Petrochemical Corporation
  • 19. Renkert Oil LLC
  • 20. Savita Oil Technologies Ltd.
  • 21. Fuchs Petrolub SE
  • 22. Oxiteno S.A. by Indorama Ventures Public Company Limited (IVL)
  • 23. Bharat Petroleum Corporation Limited
  • 24. Sasol Limited
  • 25. Indian Oil Corporation Limited
  • 26. Calumet Specialty Products Partners, L.P.