세계의 광물유 시장 규모는 2024년 약 64억 3,000만 달러에서 2034년에는 103억 1,000만 달러에 달할 것으로 예상되며, 연평균 성장률(CAGR)은 4.83%로 전망됩니다.
선진국과 신흥국의 산업화 진전은 광물유 시장 확대에 기여하고 있습니다. 이들 오일은 윤활유, 용제, 첨가제 등 다양한 용도로 선호되고 있기 때문입니다. 화이트 오일에 대한 수요 증가는 전체 시장을 견인하는 데 중요한 역할을 하고 있습니다. 이 오일은 퍼스널케어 및 제약 분야에서 널리 사용됩니다.
등급별 인사이트:
화이트 오일 시장은 특유의 특성과 다재다능함으로 인해 2024년 세계 광물성 오일 시장을 주도하며 가장 큰 매출 점유율을 차지했습니다. 화이트 오일은 접착제, 동물용 백신, 의약품, 폴리스티렌 등 다양한 분야에서 사용되고 있습니다. 파라핀계 원료로 제조되며, 저취, 고순도, 저렴한 가격이 특징이며, 많은 산업에서 수요가 증가하고 있습니다. 한편, 기술 오일 시장은 항공우주 산업에서의 사용으로 인해 가장 빠른 성장이 예상됩니다. 또한, 임업과 농업에서는 농약으로 사용되며, 방청 및 찢어짐 방지 특성으로 인해 섬유 산업에서도 널리 채택되고 있습니다.
지역별 인사이트:
아시아태평양은 2024년 세계 광물성 오일 시장을 주도하며 가장 큰 매출 점유율을 차지했습니다. 이 지역의 신흥국들은 산업과 농업 부문 모두에서 괄목할 만한 성장을 보이고 있으며, 이는 여러 산업에서 광물성 오일에 대한 수요를 더욱 촉진하고 있습니다. 또한, 농업 부문은 여러 국가의 경제에서 중요한 역할을 하고 있으며, 특히 농약 제제에서 캐리어로서 미네랄 오일의 사용이 확대됨에 따라 수요 증가에 기여하고 있습니다.
세계의 미네랄 오일 시장을 조사했으며, 시장 개요, 시장 영향요인 및 시장 기회 분석, 시장 규모 추정과 예측, 각종 부문별·지역별·주요 국가별 상세 분석, 경쟁 상황, 주요 기업 개요 등의 정보를 정리하여 전해드립니다.
Mineral Oil Market Introduction and Overview
According to SPER Market Research, the Global Mineral Oil Market is estimated to reach USD 10.31 billion by 2034 with a CAGR of 4.83%.
The report includes an in-depth analysis of the Global Mineral Oil Market, including market size and trends, product mix, Applications, and supplier analysis.The global mineral oil market was valued at approximately USD 6.43 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 4.83% from 2025 to 2034. The rise in industrialization in both developed and developing nations has contributed to the expansion of the mineral oil market, as these oils are favored for use as lubricants, solvents, and additives across a variety of applications. The increasing demand for white oil has been instrumental in propelling the overall market forward. This oil is extensively utilized in the personal care and pharmaceutical sectors.
By Grade Insights
The white oil market led the global mineral oil market and had the largest revenue share in 2024 due to its unique properties and versatility. White oils are used in various fields, including adhesives, animal vaccines, pharmaceuticals, and polystyrene. They are made from paraffinic sources and are known for their low odor, high purity, and affordability, driving their demand across many industries. The technical oil market is expected to grow the fastest due to its use in the aerospace industry. Additionally, forestry and agriculture use this oil for pesticides, and it is also popular in the textile industry for its anti-rust and anti-tear properties.
Regional Insights
The Asia Pacific region led the global mineral oil market, capturing the largest share of revenue in 2024. Countries within this region that are developing are witnessing considerable growth in both industrial and agricultural sectors, which is further driving the demand for mineral oil across multiple industries. Moreover, the agricultural sector plays a crucial role in the economies of several nations, thereby enhancing the utilization of mineral oils, particularly as carriers in pesticide formulations.
Market Competitive Landscape
Key players in the mineral oil market are consistently working to secure a competitive advantage by investing in research and development to launch innovative products. Prominent companies in the mineral oil market are concentrating on broadening their presence through strategic partnerships, acquisitions, and joint ventures. The growth of the mineral oil market is primarily fueled by the rising demand from various end-use sectors, including pharmaceuticals, cosmetics, and food and beverages.
Recent Developments:
February 2024 - CLG has inaugurated a white oil processing unit in China, thereby broadening its footprint in the Global Mineral Oil Market. This new facility will bolster the company's capacity to satisfy the increasing demand for high-quality mineral oils, especially in the lubricants and industrial sectors.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Grade, By Application
Regions covered North America, Latin America, Asia-Pacific, Europe, Middle East & Africa
Companies Covered
British Petroleum, RENKERT OIL, Exxon Mobil Corporation, Sonneborn LLC, Royal Dutch Shell PLC, Petro-Canada, ENEOS Xplora Inc, SINOPEC Group, Seojin Chemical, Sasol.
Key Topics Covered in the Report
Global Mineral Oil Market Size (FY'2021-FY'2034)
Overview of Global Mineral Oil Market
Segmentation of Global Mineral Oil Market by Grade (Technical Oil, White Oil)
Segmentation of Global Mineral Oil Market by Application (Baby Oil, Cosmetics, Skin Care Products, Hair Care Products, Consumer Goods, Others)
Statistical Snap of Global Mineral Oil Market
Expansion Analysis of Global Mineral Oil Market
Problems and Obstacles in Global Mineral Oil Market
Competitive Landscape in the Global Mineral Oil Market
Details on Current Investment in Global Mineral Oil Market
Competitive Analysis of Global Mineral Oil Market
Prominent Players in the Global Mineral Oil Market
SWOT Analysis of Global Mineral Oil Market
Global Mineral Oil Market Future Outlook and Projections (FY'2025-FY'2034)
Recommendations from Analyst