White Oil Market Key Technological Developments During 2015 to 2021

0
63

The term “white oil” refers to highly refined distillate fractions in the lubes boiling range whose water white color (and therefore the “white” descriptor) is due to the almost complete absence of aromatics as well as sulfur- and nitrogen-containing compounds. White mineral oils, also known as “paraffin oil,” “liquid paraffin,” and “white mineral oil,” are liquids at room temperature and are predominantly mixtures of isoparaffins and naphthenes with lesser amounts of n-paraffins.

Request a Sample Copy of This Report:  https://www.radiantinsights.com/research/global-white-oil-market-outlook-2016-2021/request-sample

The global white oil market size is estimated to grow from USD 5,117 million in 2015 to USD 6,028 million by 2021, at an estimated CAGR of 2.77% between 2015 and 2021. With regards to this, key players of white oil industry are expected to find potential opportunities in this market.

Worldwide, 4,266 K tons white oil have been produced in the year 2015, while North America attributes close to 17.89% of the world production, Europe close to 11.91%, China 35.26%, Middle East & Africa 9.14%, and Asia-Pacific 14.19%.

In terms of application, textile auxiliaries accounts for 30.43% of all white oil consumption, compared to 20.86% for solvent naphtha.

The global white oil market report profiles some of the key technological developments in the recent times. It also profiles some of the leading players in the market and analyzes their key strategies.

Browse Full Research Report With TOC:  https://www.radiantinsights.com/research/global-white-oil-market-outlook-2016-2021

About Radiant Insights,Inc
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

For More Details: https://www.radiantinsights.com