Mineral Oils Market Size, Share, Industry, Forecast and Outlook (2024-2031)

<h2>Global Mineral Oils Market is segmented By Class (Paraffinic Oil, Aromatic Oil, Naphthenic Oil) By Grade (Industrial Grade, Pharmaceutical Grade, Cosmetic Grade, Food Grade)&nbsp;By Application (Lubricants, Pharmaceuticals, Cosmetics and Personal Care, Electrical, Automotive, Agriculture, Others)&nbsp;and By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) &ndash; Share, Size, Outlook, and Opportunity Analysis, 2024-2031</h2>

<h3>Market Overview 
&nbsp;</h3>

<blockquote>
The Global Mineral Oils Market reached US$ 5.1 billion in 2022 and is expected to reach US$ 7.1 billion by 2030, growing with a CAGR of 4.2% during the forecast period 2023-2030.
</blockquote>

&nbsp;

As a result of environmental concerns, the mineral oil market is shifting toward more environmentally friendly compositions. Low-viscosity mineral oils are gaining popularity as a means of improving fuel efficiency and lowering carbon emissions. Sustainability and eco-certification are increasingly important industry drivers.

Because soybean oils can be utilized in a variety of applications, supporters claim that they can improve the environmental friendliness of driving activities. The uses include asphalt for road building, rubber for all-weather tires and, most importantly for the lubricants sector, base stocks for motor oils. According to United Soybean Board&#39;s Market View Database, U.S. itself can farm 89 million acres of soybeans each year and around 4 million metric tons of soybean oil is diverted to industrial purposes. Therefore, U.S. is accounting for the more than 80.12% of the regional market shares.

<h3>Market Scope</h3>

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			Metrics
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			Details
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			CAGR
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			4.2%
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			Size Available for Years
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			2021-2030
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			Forecast Period
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			2023-2030
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			Data Availability
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			Value (US$)&nbsp;
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			Segments Covered
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			Class, Grade, Application and Region
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			Regions Covered
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			North America, Europe, Asia-Pacific, South America and Middle East &amp; Africa
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			Fastest Growing Region
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			Asia-Pacific
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			Largest Region
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			Asia-Pacific
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			Report Insights Covered
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			Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter&rsquo;s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights.
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&nbsp;

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<h3>&nbsp;</h3>

<h3>Market Dynamics</h3>

Diverse Application of Mineral Oils

White oil is widely utilized in the chemical, pharmaceutical, cosmetics and food processing sectors. White oils are usually recognized as a class of highly refined and flexible mineral oils that are often derived from refinery paraffinic or naphthenic base stocks.&nbsp;

Furthermore, the industries that make rubber and plastics also use white oils extensively. It is vital to the synthesis of polystyrene, PVC and various rubbers, as well as to the softening of rubber products. It is essential for making plastic utensils and food packaging. It&#39;s also widely available in plastic toys, polishes, glues and cleaning supplies. With the emphasis on public safety, the range of applications for white mineral oils is expected to continue expanding in the future, having only increased during the last few decades.

Rising Demand for Personal Care and Pharmaceutical Products&nbsp;

he global market for mineral oil has seen unprecedented demand for personal care and pharmaceuticals. Mineral oil is a common ingredient in many major brands&#39; products, including Loreal, which specializes in pharmaceutical and personal care items like creams, ointments and cosmetics. The need for these goods is also influenced by a few other factors. Some of the factors supporting the mineral oil market are population growth, shifting personal care practices and rising healthcare costs.&nbsp;

Furthermore, mineral oil is also being as a key ingredient for skin-hydrating creams. It also works well for both cleaning and makeup removal. It enhances the texture&#39;s quality. For skin care, white oil tends to shield the skin from the damaging elements outside. It is also widely used in the development of anti-aging products, which are in high demand, particularly in the nations of East and North Asia. Thus, rising investment in skin care has created a huge opportunity for mineral oil to grow in the forecast period

Potential Health Concerns

The presence of contaminants in some mineral oils, such as heavy metals and sulfur compounds, could lead to health issues. The contaminants can seep into mineral oil-based goods and their intake or exposure can be hazardous. For instance, as per the European Food Safety Authority (EFSA), mineral oil-saturated hydrocarbons (MOSH) do not constitute a health risk to people. It also confirmed that some mineral oil aromatic hydrocarbons (MOAH) are potentially hazardous to one&#39;s health.&nbsp;

Environmental Concerns

In applications where environmental considerations are crucial, the advent of bio-based and synthetic lubricants, which are often more environmentally benign and biodegradable, poses a competitive challenge to mineral oils. As part of their corporate social responsibility, many industries are implementing green and sustainable practices. It may choose lubricants and materials with a lower environmental impact, stifling the expansion of the mineral oils market.

The disposal and recycling of used mineral oils are hazardous to the environment. To prevent contamination of landfills and water bodies, effective waste management and recycling of spent mineral oils are required, which might raise the cost of using mineral oils. Environmental rules have become more stringent, requiring enterprises to meet greater standards for the safe use and disposal of mineral oils. Compliance with these regulations may result in increased expenses and complexity.

<h3>Segment Analysis</h3>

The global mineral oils market is segmented based on class, grade, application and region.

Machinery Lubrication and Cost Effectiveness

Machinery lubrication is the most typical application for industrial-grade mineral oils. It is essential to guaranteeing the smooth operation of industrial equipment, decreasing friction, dissipating heat and extending machinery lifespan. The ongoing expansion of industrial sectors, fueled by globalization and technical advancements, leads to an increase in the utilization of machinery and equipment.&nbsp;

Lubricants, particularly industrial-grade mineral oils, are in high demand as industrial operations expand. Industrial-grade mineral oils are frequently more cost-effective than synthetic lubricants. It cost benefit is particularly enticing to firms looking to cut operational expenses while maintaining performance. Therefore, the industrial grade segment captures more than 1/3rd of the global segmental shares.

<h3>Geographical Penetration</h3>

Growing Regional Exports Drives the Asia-Pacific Market&nbsp;

Some of the world&#39;s largest ports and marine commerce routes are located in Asia-Pacific. For ship engines and equipment, the marine industry relies on specialist lubricants comprising mineral oils and the development in maritime traffic fuels demand for these lubricants.

According to United Nations COMTRADE database on international trade, China&#39;s exports of mineral fuels, oils and distillation products to the Philippines totaled US$ 2.79 billion in 2022. China&#39;s exports of mineral fuels, oils and distillation products to the Philippines in larger amount, therefore the China, leading exports of these products drives the growth of the Asia-Pacific mineral oils market.

<h3>COVID-19 Impact Analysis</h3>

The global outbreak of coronavirus has shown a negative impact on the growth of the lubricants market and mineral oil being a key lubricant in various industries has seen the same impact. The severity of impact varies for different end-users. Lockdowns and other measures to stop the virus&#39;s spread resulted in a sharp decline in mineral oil production and demand across numerous industries. Mineral oil sales were directly impacted by decreased manufacturing, restrictions on automobile travel and a slowdown in international trade.&nbsp;

The demand for products made with mineral oil hampered drastically as a result of the pandemic. Lockdowns and other restrictions reduced transportation and industrial activity, which in turn decreased demand for automotive and industrial lubricants. However, white oils are a type of mineral oil and the demand for them in medicine and pharmaceuticals increased at the same time.

<h3>Russia-Ukraine War Impact Analysis</h3>

The geopolitical and economic repercussions of the Russia-Ukraine war have had a major effect on the mineral oil market. One of the main effects on the market is price volatility. The region&#39;s geopolitical unrest has led to fluctuations in the prices of vital raw materials, including crude oil. Crude oil is the base for any lubricant production and war has a significant impact on crude oil production, consumption and transportation leading to a hamper all overall lubricant industry including mineral oil. Furthermore, Trade restrictions and sanctions brought about by geopolitical tensions made it more difficult to import and export mineral oil and related products. It could restrict access to markets and have an impact on global trade.

<h3>Key Developments</h3>

<ul>
	<li>On September 6, 2022, Sitio Royalties Corp. and Brigham Minerals, Inc. have announced a definitive agreement to combine in an all-stock merger, with an aggregate enterprise value of approximately US$ 4.8 billion based on the closing share prices of STR and MNRL on Friday, September 2, 2022). The merger brings together two of the largest public companies in the oil and gas mineral and royalty sector, as well as complementary high-quality assets in the Permian Basin and other oil-focused regions, resulting in an industry leader with a proven track record of consolidating oil and gas mineral and royalty interests held by a diverse set of E&amp;P companies.</li>
	<li>In October 2023, a panel of international experts informed the inaugural session of IMARC 2023 that Australia has a significant chance to contribute to the growing demand for key minerals by enhancing global supply chains and increasing strategic national collaboration.</li>
	<li>On May 23, 2023, Exxon acquired lithium rights as oil companies expanded into vital mineral extraction. The US$ 100 million transaction is the latest in a series of investments by oil majors in crucial resource mining.</li>
</ul>

<h3>Competitive Landscape</h3>

The major global players in the market include ExxonMobil, Royal Dutch Shell, Chevron Corporation, Total Energies, BP, Sinopec Group, Nynas AB, Repsol, Hindustan Petroleum Corporation Limited (HPCL) and Indian Oil Corporation Limited (IOCL).

<h3>Why Purchase the Report?</h3>

<ul>
	<li>To visualize the global mineral oils market segmentation based on class, grade, application and region, as well as understand key commercial assets and players.</li>
	<li>Identify commercial opportunities by analyzing trends and co-development.&nbsp;</li>
	<li>Excel data sheet with numerous data points of mineral oils market-level with all segments.</li>
	<li>PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.</li>
	<li>Product mapping available as excel consisting of key products of all the major players.</li>
</ul>

The global mineral oils market report would provide approximately 61 tables, 61 figures and 184 Pages.

<h3>Target Audience 2023</h3>

<ul>
	<li>Manufacturers/ Buyers</li>
	<li>Industry Investors/Investment Bankers</li>
	<li>Research Professionals</li>
	<li>Emerging Companies</li>
</ul>

<ol>
	<li>
	<h3 style="color:#1f3863; font-style:normal">Methodology and Scope</h3>

	<ol>
		<li>Research Methodology</li>
		<li>Research Objective and Scope of the Report</li>
	</ol>
	</li>
	<li>
	<h3 style="color:#1f3863; font-style:normal">Definition and Overview</h3>
	</li>
	<li>
	<h3 style="color:#1f3863; font-style:normal">Executive Summary</h3>

	<ol>
		<li>Snippet by Class</li>
		<li>Snippet by Grade</li>
		<li>Snippet by Application</li>
		<li>Snippet by Region</li>
	</ol>
	</li>
	<li>
	<h3 style="color:#1f3863; font-style:normal">Dynamics</h3>

	<ol>
		<li>Impacting Factors
		<ol>
			<li>Drivers
			<ol>
				<li>Diverse Application of Mineral Oils</li>
				<li>Rising Demand For Personal Care and Pharmaceutical Products</li>
			</ol>
			</li>
			<li>Restraints
			<ol>
				<li>Potential Health Concerns</li>
				<li>Environmental Concerns</li>
			</ol>
			</li>
			<li>Opportunity</li>
			<li>Impact Analysis</li>
		</ol>
		</li>
	</ol>
	</li>
	<li>
	<h3 style="color:#1f3863; font-style:normal">Industry Analysis&nbsp;</h3>

	<ol>
		<li>Porter&#39;s Five Force Analysis&nbsp;</li>
		<li>Supply Chain Analysis</li>
		<li>Pricing Analysis</li>
		<li>Regulatory Analysis</li>
		<li>Russia-Ukraine War Impact Analysis</li>
		<li>DMI Opinion</li>
	</ol>
	</li>
	<li>
	<h3 style="color:#1f3863; font-style:normal">COVID-19 Analysis</h3>

	<ol>
		<li>Analysis of COVID-19
		<ol>
			<li>Scenario Before COVID</li>
			<li>Scenario During COVID</li>
			<li>Scenario Post COVID</li>
		</ol>
		</li>
		<li>Pricing Dynamics Amid COVID-19</li>
		<li>Demand-Supply Spectrum</li>
		<li>Government Initiatives Related to the Market During Pandemic</li>
		<li>Manufacturers Strategic Initiatives</li>
		<li>Conclusion</li>
	</ol>
	</li>
	<li>
	<h3 style="color:#1f3863; font-style:normal">By Class</h3>

	<ol>
		<li>Introduction
		<ol>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Class</li>
			<li>Market Attractiveness Index, By Class</li>
		</ol>
		</li>
		<li>Paraffinic Oil*
		<ol>
			<li>Introduction</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%)</li>
		</ol>
		</li>
		<li>Aromatic Oil</li>
		<li>Naphthenic Oil&nbsp;</li>
	</ol>
	</li>
	<li>
	<h3 style="color:#1f3863; font-style:normal">By Grade</h3>

	<ol>
		<li>Introduction
		<ol>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Grade</li>
			<li>Market Attractiveness Index, By Grade</li>
		</ol>
		</li>
		<li>Industrial Grade*
		<ol>
			<li>Introduction</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%)</li>
		</ol>
		</li>
		<li>Pharmaceutical Grade</li>
		<li>Cosmetic Grade</li>
		<li>Food Grade</li>
	</ol>
	</li>
	<li>
	<h3 style="color:#1f3863; font-style:normal">By Application</h3>

	<ol>
		<li>Introduction
		<ol>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Application</li>
			<li>Market Attractiveness Index, By Application</li>
		</ol>
		</li>
		<li>Lubricants*
		<ol>
			<li>Introduction</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%)</li>
		</ol>
		</li>
		<li>Pharmaceuticals</li>
		<li>Cosmetics and Personal Care</li>
		<li>Electrical</li>
		<li>Automotive</li>
		<li>Agriculture</li>
		<li>Others&nbsp;</li>
	</ol>
	</li>
	<li>
	<h3 style="color:#1f3863; font-style:normal">By Region</h3>

	<ol>
		<li>Introduction
		<ol>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Region</li>
			<li>Market Attractiveness Index, By Region</li>
		</ol>
		</li>
		<li>North America
		<ol>
			<li>Introduction</li>
			<li>Key Region-Specific Dynamics</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Class</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Grade</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Application</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
			<ol>
				<li>U.S.</li>
				<li>Canada</li>
				<li>Mexico</li>
			</ol>
			</li>
		</ol>
		</li>
		<li>Europe
		<ol>
			<li>Introduction</li>
			<li>Key Region-Specific Dynamics</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Class</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Grade</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Application</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
			<ol>
				<li>Germany</li>
				<li>UK</li>
				<li>France</li>
				<li>Italy</li>
				<li>Russia</li>
				<li>Rest of Europe</li>
			</ol>
			</li>
		</ol>
		</li>
		<li>South America
		<ol>
			<li>Introduction</li>
			<li>Key Region-Specific Dynamics</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Class</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Grade</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Application</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
			<ol>
				<li>Brazil</li>
				<li>Argentina</li>
				<li>Rest of South America</li>
			</ol>
			</li>
		</ol>
		</li>
		<li>Asia-Pacific
		<ol>
			<li>Introduction</li>
			<li>Key Region-Specific Dynamics</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Class</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Grade</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Application</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
			<ol>
				<li>China</li>
				<li>India</li>
				<li>Japan</li>
				<li>Australia</li>
				<li>Rest of Asia-Pacific</li>
			</ol>
			</li>
		</ol>
		</li>
		<li>Middle East and Africa
		<ol>
			<li>Introduction</li>
			<li>Key Region-Specific Dynamics</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Class</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Grade</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Application</li>
		</ol>
		</li>
	</ol>
	</li>
	<li>
	<h3 style="color:#1f3863; font-style:normal">Competitive Landscape</h3>

	<ol>
		<li>Competitive Scenario</li>
		<li>Market Positioning/Share Analysis</li>
		<li>Mergers and Acquisitions Analysis</li>
	</ol>
	</li>
	<li>
	<h3 style="color:#1f3863; font-style:normal">Company Profiles</h3>

	<ol>
		<li>ExxonMobil*
		<ol>
			<li>Company Overview</li>
			<li>Product Portfolio and Description</li>
			<li>Financial Overview</li>
			<li>Key Developments</li>
		</ol>
		</li>
		<li>Royal Dutch Shell</li>
		<li>Chevron Corporation</li>
		<li>TotalEnergies</li>
		<li>BP</li>
		<li>Sinopec Group</li>
		<li>Nynas AB</li>
		<li>Repsol</li>
		<li>Hindustan Petroleum Corporation Limited (HPCL)</li>
		<li>Indian Oil Corporation Limited (IOCL)&nbsp;&nbsp;(LIST NOT EXHAUSTIVE)&nbsp;</li>
	</ol>
	</li>
	<li>
	<h3 style="color:#1f3863; font-style:normal">Appendix</h3>

	<ol>
		<li>&nbsp;About Us and Services</li>
		<li>Contact Us</li>
	</ol>
	</li>
</ol>

List of Tables

Table 1 Global Mineral Oils Market Value, By Class, 2023, 2027 &amp; 2031 (US$ Million)

Table 2 Global Mineral Oils Market Value, By Grade, 2023, 2027 &amp; 2031 (US$ Million)

Table 3 Global Mineral Oils Market Value, By Application, 2023, 2027 &amp; 2031 (US$ Million)

Table 4 Global Mineral Oils Market Value, By Region, 2023, 2027 &amp; 2031 (US$ Million)

Table 5 Global Mineral Oils Market Value, By Class, 2023, 2027 &amp; 2031 (US$ Million)

Table 6 Global Mineral Oils Market Value, By Class, 2022-2031 (US$ Million)

Table 7 Global Mineral Oils Market Value, By Grade, 2023, 2027 &amp; 2031 (US$ Million)

Table 8 Global Mineral Oils Market Value, By Grade, 2022-2031 (US$ Million)

Table 9 Global Mineral Oils Market Value, By Application, 2023, 2027 &amp; 2031 (US$ Million)

Table 10 Global Mineral Oils Market Value, By Application, 2022-2031 (US$ Million)

Table 11 Global Mineral Oils Market Value, By Region, 2023, 2027 &amp; 2031 (US$ Million)

Table 12 Global Mineral Oils Market Value, By Region, 2022-2031 (US$ Million)

Table 13 North America Mineral Oils Market Value, By Class, 2022-2031 (US$ Million)

Table 14 North America Mineral Oils Market Value, By Grade, 2022-2031 (US$ Million)

Table 15 North America Mineral Oils Market Value, By Application, 2022-2031 (US$ Million)

Table 16 North America Mineral Oils Market Value, By Country, 2022-2031 (US$ Million)

Table 17 South America Mineral Oils Market Value, By Class, 2022-2031 (US$ Million)

Table 18 South America Mineral Oils Market Value, By Grade, 2022-2031 (US$ Million)

Table 19 South America Mineral Oils Market Value, By Application, 2022-2031 (US$ Million)

Table 20 South America Mineral Oils Market Value, By Country, 2022-2031 (US$ Million)

Table 21 Europe Mineral Oils Market Value, By Class, 2022-2031 (US$ Million)

Table 22 Europe Mineral Oils Market Value, By Grade, 2022-2031 (US$ Million)

Table 23 Europe Mineral Oils Market Value, By Application, 2022-2031 (US$ Million)

Table 24 Europe Mineral Oils Market Value, By Country, 2022-2031 (US$ Million)

Table 25 Asia-Pacific Mineral Oils Market Value, By Class, 2022-2031 (US$ Million)

Table 26 Asia-Pacific Mineral Oils Market Value, By Grade, 2022-2031 (US$ Million)

Table 27 Asia-Pacific Mineral Oils Market Value, By Application, 2022-2031 (US$ Million)

Table 28 Asia-Pacific Mineral Oils Market Value, By Country, 2022-2031 (US$ Million)

Table 29 Middle East &amp; Africa Mineral Oils Market Value, By Class, 2022-2031 (US$ Million)

Table 30 Middle East &amp; Africa Mineral Oils Market Value, By Grade, 2022-2031 (US$ Million)

Table 31 Middle East &amp; Africa Mineral Oils Market Value, By Application, 2022-2031 (US$ Million)

Table 32 ExxonMobil: Overview

Table 33 ExxonMobil: Product Portfolio

Table 34 ExxonMobil: Key Developments

Table 35 Royal Dutch Shell: Overview

Table 36 Royal Dutch Shell: Product Portfolio

Table 37 Royal Dutch Shell: Key Developments

Table 38 Chevron Corporation: Overview

Table 39 Chevron Corporation: Product Portfolio

Table 40 Chevron Corporation: Key Developments

Table 41 TotalEnergies: Overview

Table 42 TotalEnergies: Product Portfolio

Table 43 TotalEnergies: Key Developments

Table 44 BP: Overview

Table 45 BP: Product Portfolio

Table 46 BP: Key Developments

Table 47 Sinopec Group: Overview

Table 48 Sinopec Group: Product Portfolio

Table 49 Sinopec Group: Key Developments

Table 50 Nynas AB: Overview

Table 51 Nynas AB: Product Portfolio

Table 52 Nynas AB: Key Developments

Table 53 Repsol: Overview

Table 54 Repsol: Product Portfolio

Table 55 Repsol: Key Developments

Table 56 Hindustan Petroleum Corporation Limited (HPCL): Overview

Table 57 Hindustan Petroleum Corporation Limited (HPCL): Product Portfolio

Table 58 Hindustan Petroleum Corporation Limited (HPCL): Key Developments

Table 59 Indian Oil Corporation Limited (IOCL): Overview

Table 60 Indian Oil Corporation Limited (IOCL): Product Portfolio

Table 61 Indian Oil Corporation Limited (IOCL): Key Developments

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List of Figures

Figure 1 Global Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 2 Global Mineral Oils Market Share, By Class, 2022 &amp; 2030 (%)

Figure 3 Global Mineral Oils Market Share, By Grade, 2022 &amp; 2030 (%)

Figure 4 Global Mineral Oils Market Share, By Application, 2022 &amp; 2030 (%)

Figure 5 Global Mineral Oils Market Share, By Region, 2022 &amp; 2030 (%)

Figure 6 Global Mineral Oils Market Y-o-Y Growth, By Class, 2022-2030 (%)

Figure 7 Paraffinic Oil Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 8 Aromatic Oil Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 9 Naphthenic Oil Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 10 Global Mineral Oils Market Y-o-Y Growth, By Grade, 2022-2030 (%)

Figure 11 Industrial Grade in Global Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 12 Pharmaceutical Grade in Global Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 13 Cosmetic Grade in Global Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 14 Food Grade in Global Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 15 Global Mineral Oils Market Y-o-Y Growth, By Application, 2022-2030 (%)

Figure 16 Lubricants Application in Global Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 17 Pharmaceuticals Application in Global Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 18 Cosmetics and Personal Care Application in Global Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 19 Electrical Application in Global Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 20 Automotive Application in Global Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 21 Agriculture Application in Global Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 22 Others Application in Global Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 23 North America Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 24 Asia-Pacific Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 25 Europe Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 26 South America Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 27 Middle East and Africa Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 28 North America Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 29 North America Mineral Oils Market Share, By Class, 2022 &amp; 2030 (%)

Figure 30 North America Mineral Oils Market Share, By Grade, 2022 &amp; 2030 (%)

Figure 31 North America Mineral Oils Market Share, By Application, 2022 &amp; 2030 (%)

Figure 32 North America Mineral Oils Market Share, By Country, 2022 &amp; 2030 (%)

Figure 33 South America Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 34 South America Mineral Oils Market Share, By Class, 2022 &amp; 2030 (%)

Figure 35 South America Mineral Oils Market Share, By Grade, 2022 &amp; 2030 (%)

Figure 36 South America Mineral Oils Market Share, By Application, 2022 &amp; 2030 (%)

Figure 37 South America Mineral Oils Market Share, By Country, 2022 &amp; 2030 (%)

Figure 38 Europe Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 39 Europe Mineral Oils Market Share, By Class, 2022 &amp; 2030 (%)

Figure 40 Europe Mineral Oils Market Share, By Grade, 2022 &amp; 2030 (%)

Figure 41 Europe Mineral Oils Market Share, By Application, 2022 &amp; 2030 (%)

Figure 42 Europe Mineral Oils Market Share, By Country, 2022 &amp; 2030 (%)

Figure 43 Asia-Pacific Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 44 Asia-Pacific Mineral Oils Market Share, By Class, 2022 &amp; 2030 (%)

Figure 45 Asia-Pacific Mineral Oils Market Share, By Grade, 2022 &amp; 2030 (%)

Figure 46 Asia-Pacific Mineral Oils Market Share, By Application, 2022 &amp; 2030 (%)

Figure 47 Asia-Pacific Mineral Oils Market Share, By Country, 2022 &amp; 2030 (%)

Figure 48 Middle East &amp; Africa Mineral Oils Market Value, 2022-2031 (US$ Million)

Figure 49 Middle East &amp; Africa Mineral Oils Market Share, By Class, 2022 &amp; 2030 (%)

Figure 50 Middle East &amp; Africa Mineral Oils Market Share, By Grade, 2022 &amp; 2030 (%)

Figure 51 Middle East &amp; Africa Mineral Oils Market Share, By Application, 2022 &amp; 2030 (%)

Figure 52 ExxonMobil: Financials

Figure 53 Royal Dutch Shell: Financials

Figure 54 Chevron Corporation: Financials

Figure 55 TotalEnergies: Financials

Figure 56 BP: Financials

Figure 57 Sinopec Group: Financials

Figure 58 Nynas AB: Financials

Figure 59 Repsol: Financials

Figure 60 Hindustan Petroleum Corporation Limited (HPCL): Financials

Figure 61 Indian Oil Corporation Limited (IOCL): Financials

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