Industries > Chemicals > Mineral Oil Market Report 2019-2029

Mineral Oil Market Report 2019-2029

Forecasts by Product (Technical , White), by Application (Pharmaceutical , Cosmetic , Industrial, Others), by region and analysis of leading companies indicates that the Global Mineral Oil Market was valued at $4 billion in 2019

PAGES: 174
PRODUCT CODE: CHE0105
SUBMARKET: Petrochemicals

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Market Drivers:
– Rapidly rising demand from personal care industry
– Increasing consumption in personal care industry
– Increasing pharma industry in developing economies

Market Restraints:
– Rising environmental concerns regarding usage and disposal of mineral oil
Market Segmentation 2019-2029:
The Mineral Oil Market is segmented on the Product, Application, and Regional basis.

Product
– Technical
– White

Application
– Cosmetic
– Pharmaceutical
– Industrial
– Others

Regional Breakdown
Focused regional forecasts and analysis explore the future opportunities:
– North America
– Europe
– Asia-Pacific
– LAMEA

Competitive Analysis:
Global mineral oil industry is highly competitive in nature. Technological breakthroughs, particularly in the refining and ultra-purification sectors, are likely to offer the white oil industry better growth prospects in the coming years. Prominent industry players like Bechtel Corporation and Axens Group give proprietary handling techniques that allow high-quality end products to be manufactured.
– The prominent raw materials suppliers in the industry are ChemCeed, Zenith Suppliers, and Star West Petroleum Ltd. from North America, Unicorn Petroleum Industries and Star West Petroleum Ltd. from Europe, and Kandla Energy.

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