Mineral Oil and Mineral Spirit Market, Global Outlook and Forecast 2024-2030

The global Mineral Oil and Mineral Spirit market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Mineral oil refers to a mixture of refined liquid hydrocarbons obtained from petroleum, mainly a mixture of saturated naphthenes and paraffins, crude oil is obtained by normal and vacuum fractionation, solvent extraction and dewaxing, and hydrofining.Mineral spirit is a fractional distillation mixture with a boiling point higher than gasoline and lower than kerosene. Mineral Spirit can be divided into light naphtha and heavy naphtha.

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This report aims to provide a comprehensive presentation of the global market for Mineral Oil and Mineral Spirit, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Mineral Oil and Mineral Spirit. This report contains market size and forecasts of Mineral Oil and Mineral Spirit in global, including the following market information:

  • Global Mineral Oil and Mineral Spirit Market Revenue, 2018-2024, 2024-2030, ($ millions)

  • Global Mineral Oil and Mineral Spirit Market Sales, 2018-2024, 2024-2030, (Kiloton)

  • Global top five Mineral Oil and Mineral Spirit companies in 2022 (%)

The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.

Mineral Oil Segment to Reach $ Million by 2029, with a % CAGR in next six years.

The global key manufacturers of Mineral Oil and Mineral Spirit include Royal Dutch Shell plc, Pon Pure Chemicals Group, Total SE, Exxon Mobil Corporation, Idemitsu Kosan Co., Ltd, Ganga Rasayanie Private, NewAge Industrial Oil Pvt. Ltd., PETRO-CANADA LUBRICANTS and Eagle Petrochem, etc. in 2022, the global top five players have a share approximately % in terms of revenue.

We has surveyed the Mineral Oil and Mineral Spirit manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Mineral Oil and Mineral Spirit Market, by Type, 2018-2024, 2024-2030 ($ Millions) & (Kiloton)

Global Mineral Oil and Mineral Spirit Market Segment Percentages, by Type, 2022 (%)

  • Mineral Oil

  • Mineral Spirit

Global Mineral Oil and Mineral Spirit Market, by Application, 2018-2024, 2024-2030 ($ Millions) & (Kiloton)

Global Mineral Oil and Mineral Spirit Market Segment Percentages, by Application, 2022 (%)

  • Construction

  • Automotive

  • Pharmaceuticals

  • Food Products

  • Cosmetics

  • Others

Global Mineral Oil and Mineral Spirit Market, By Region and Country, 2018-2024, 2024-2030 ($ Millions) & (Kiloton)

Global Mineral Oil and Mineral Spirit Market Segment Percentages, By Region and Country, 2022 (%)

  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:

  • Key companies Mineral Oil and Mineral Spirit revenues in global market, 2018-2024 (Estimated), ($ millions)

  • Key companies Mineral Oil and Mineral Spirit revenues share in global market, 2022 (%)

  • Key companies Mineral Oil and Mineral Spirit sales in global market, 2018-2024 (Estimated), (Kiloton)

  • Key companies Mineral Oil and Mineral Spirit sales share in global market, 2022 (%)

key players include:

  • Royal Dutch Shell plc

  • Pon Pure Chemicals Group

  • Total SE

  • Exxon Mobil Corporation

  • Idemitsu Kosan Co., Ltd

  • Ganga Rasayanie Private

  • NewAge Industrial Oil Pvt. Ltd.

  • PETRO-CANADA LUBRICANTS

  • Eagle Petrochem

  • Tavoil

  • BP Global

Outline of Major Chapters:

Chapter 1: Introduces the definition of Mineral Oil and Mineral Spirit, market overview.

Chapter 2: Global Mineral Oil and Mineral Spirit market size in revenue and volume.

Chapter 3: Detailed analysis of Mineral Oil and Mineral Spirit manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Mineral Oil and Mineral Spirit in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Mineral Oil and Mineral Spirit capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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Table of content

1 Introduction to Research & Analysis Reports
1.1 Mineral Oil and Mineral Spirit Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Mineral Oil and Mineral Spirit Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Mineral Oil and Mineral Spirit Overall Market Size
2.1 Global Mineral Oil and Mineral Spirit Market Size: 2022 VS 2030
2.2 Global Mineral Oil and Mineral Spirit Revenue, Prospects & Forecasts: 2018-2030
2.3 Global Mineral Oil and Mineral Spirit Sales: 2018-2030
3 Company Landscape
3.1 Top Mineral Oil and Mineral Spirit Players in Global Market
3.2 Top Global Mineral Oil and Mineral Spirit Companies Ranked by Revenue
3.3 Global Mineral Oil and Mineral Spirit Revenue by Companies
3.4 Global Mineral Oil and Mineral Spirit Sales by Companies
3.5 Global Mineral Oil and Mineral Spirit Price by Manufacturer (2018-2024)
3.6 Top 3 and Top 5 Mineral Oil and Mineral Spirit Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Mineral Oil and Mineral Spirit Product Type
3.8 Tier 1, Tier 2 and Tier 3 Mineral Oil and Mineral Spirit Players in Global Market
3.8.1 List of Global Tier 1 Mineral Oil and Mineral Spirit Compani

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