Global White Oil Market Size & Outlook, 2021-2030

The white oil industry worldwide is expected to reach a projected revenue of US$ 2,987.4 million by 2030. A compound annual growth rate of 4.2% is expected of the worldwide white oil industry from 2022 to 2030.
Revenue, 2021 (US$M)
$2,055.0
Forecast, 2030 (US$M)
$2,987.4
CAGR, 2022 - 2030
4.2%
Report Coverage
Worldwide

Global white oil market highlights

  • The global white oil market generated a revenue of USD 2,055.0 million in 2021 and is expected to reach USD 2,987.4 million by 2030.
  • The market is expected to grow at a CAGR (2022 - 2030) of 4.2% by 2030.
  • In terms of segment, personal care accounted for a revenue of USD 593.9 million in 2021.
  • Adhesives is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2021.
  • Country-wise, Germany is expected to register the highest CAGR from 2022 to 2030.

Global data book summary

Market revenue in 2021USD 2,055.0 million
Market revenue in 2030USD 2,987.4 million
Growth rate4.2% (CAGR from 2021 to 2030)
Largest segmentPersonal care
Fastest growing segmentAdhesives
Historical data covered2018 - 2020
Base year for estimation2021
Forecast period covered2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAdhesives, Agriculture, Food, Pharmaceutical, Personal Care, Textile, Polymers

Other key industry trends

  • In terms of revenue, the North America accounted for 21.5% of the global white oil market in 2021.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Germany is the fastest growing regional market and is projected to reach USD 121.4 million by 2030.

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White Oil Market Companies

Name Profile # Employees HQ Website

Global white oil market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to white oil market will help companies and investors design strategic landscapes.


Personal care was the largest segment with a revenue share of 28.9% in 2021. Horizon Databook has segmented the Global white oil market based on adhesives, agriculture, food, pharmaceutical, personal care, textile, polymers covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global White Oil Application Outlook (Revenue, USD Million, 2018-2030)
    • Adhesives
    • Agriculture
    • Food
    • Pharmaceutical
    • Personal Care
    • Textile
    • Polymers
    • Others

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Target buyers of Global white oil market databook

  • Our clientele includes a mix of white oil market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global white oil market , including forecasts for subscribers. This global databook contains high-level insights into Global white oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global white oil market size, by regions, 2018-2030 (US$M)

Top 10 countries: White oil market size, 2021 (US$M)

Global white oil market share, by application, 2021 & 2030 (%, US$M)

White oil market: Opportunity assessment by country

Global white oil market, by region, 2021 (US$M)

Global white oil market size, by regions, 2018-2030 (US$M)

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