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Global Petroleum Jelly Market to reach USD xx billion by 2027

Global Petroleum Jelly Market Size study, by Grade (Pharmaceutical Grade, Cosmetic Grade, Industrial Grade), End-Use Industry (Pharmaceutical, Cosmetics and Personal care, Shipping, Leather, Telecommunication, Others) and Regional Forecasts 2020-2027

Product Code: CAMOAGI_71469276
Publish Date: 18-11-2020
Page: 200

Global Petroleum Jelly Market is valued approximately USD xx billion in 2019 and is anticipated to grow with a healthy growth rate of more than xx % over the forecast period 2020-2027. Petroleum jelly, also known as petrolatum, is derived by the combination of natural oils and waxes and is formed as a semi-solid form. It acts as a plasticizer for polypropylene and is therefore compatible with most other plastics. Petroleum jelly consisting of hydrocarbons, has some superior properties, such as high melting point, jelly-shaped inflammability, oxidation resistance when exposed to sunlight, and insolubility in water. The worldwide petroleum jelly market is expected to increase the need for cosmetic and pharmaceutical products. Petroleum Jelly produces a safe blockade on dry and vandalized skin that locks the vapor and helps to promote the skin’s natural recovery process. This creates a high demand for multi-hydrocarbons in cosmetics and pharmaceutical industries for petroleum jelly. Growing the need for important pharmaceutical and cosmetic outcomes across the globe can be one of the major controls of the global demand for mineral jelly, owing to increased awareness of natural products and increased consumer energy procurement. For instance, according to Statista, in 2018, relative to the previous year, the global cosmetics industry expanded by an estimated 5.5 percent. The cosmetic market ‘s major product categories are skincare, hair care, make-up, perfumes, toiletries and deodorants, and oral cosmetics. According to Statista, The leading group was skincare, accounting for about 39 percent of the global market. A further 21 percent was made up of hair care products, while make-up accounted for 19 percent in 2018. As its market value is expected to increase by 20.1 billion US dollars between 2014 and 2019, skin care has been predicted to remain the most lucrative product segment. The key players of global Petroleum Jelly Market have adopted various strategies to gain competitive advantage including product launch, mergers and acquisition, partnerships and agreements, investment, funding and others. For instance, In 2019, Godrej Consumer Goods Limited acquired Canon Chemicals, a major manufacturer and distributor of Kenya-based personal care and home care products. However, the accessibility of mineral jelly reserves containing organic mineral jelly ingredients with a natural component impedes the growth of the market over the forecast period of 2020-2027.

The regional analysis of global Petroleum Jelly Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share due to growing need for important pharmaceutical and cosmetic outcomes. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as increase the need for cosmetic and pharmaceutical products would create lucrative growth prospects for the Petroleum Jelly Market across Asia-Pacific region.

Major market player included in this report are:
Sonneborn LLC
Raj Petro
Eastern Petroleum
Persia Paraffin
Sovereign Chemicals and Cosmetics
Unisynth Group
Shimi Taghtiran Company
Brenntag AG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Grade:
Pharmaceutical Grade
Cosmetic Grade
Industrial Grade
By End-Use Industry:
Cosmetics and Personal care
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Petroleum Jelly Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Petroleum Jelly Market, by Region, 2018-2027 (USD Billion)
1.2.2. Petroleum Jelly Market, by Grade, 2018-2027 (USD Billion)
1.2.3. Petroleum Jelly Market, by End-Use Industry, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Petroleum Jelly Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Petroleum Jelly Market Dynamics
3.1. Petroleum Jelly Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Petroleum Jelly Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Petroleum Jelly Market, by Grade
5.1. Market Snapshot
5.2. Global Petroleum Jelly Market by Grade, Performance – Potential Analysis
5.3. Global Petroleum Jelly Market Estimates & Forecasts by Grade 2017-2027 (USD Billion)
5.4. Petroleum Jelly Market, Sub Segment Analysis
5.4.1. Pharmaceutical Grade
5.4.2. Cosmetic Grade
5.4.3. Industrial Grade
Chapter 6. Global Petroleum Jelly Market, by End-Use Industry
6.1. Market Snapshot
6.2. Global Petroleum Jelly Market by End-Use Industry, Performance – Potential Analysis
6.3. Global Petroleum Jelly Market Estimates & Forecasts by End-Use Industry 2017-2027 (USD Billion)
6.4. Petroleum Jelly Market, Sub Segment Analysis
6.4.1. Pharmaceutical
6.4.2. Cosmetics and Personal care
6.4.3. Shipping
6.4.4. Leather
6.4.5. Telecommunication
6.4.6. Others
Chapter 7. Global Petroleum Jelly Market, Regional Analysis
7.1. Petroleum Jelly Market, Regional Market Snapshot
7.2. North America Petroleum Jelly Market
7.2.1. U.S. Petroleum Jelly Market Grade breakdown estimates & forecasts, 2017-2027 End-Use Industry breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Petroleum Jelly Market
7.3. Europe Petroleum Jelly Market Snapshot
7.3.1. U.K. Petroleum Jelly Market
7.3.2. Germany Petroleum Jelly Market
7.3.3. France Petroleum Jelly Market
7.3.4. Spain Petroleum Jelly Market
7.3.5. Italy Petroleum Jelly Market
7.3.6. Rest of Europe Petroleum Jelly Market
7.4. Asia-Pacific Petroleum Jelly Market Snapshot
7.4.1. China Petroleum Jelly Market
7.4.2. India Petroleum Jelly Market
7.4.3. Japan Petroleum Jelly Market
7.4.4. Australia Petroleum Jelly Market
7.4.5. South Korea Petroleum Jelly Market
7.4.6. Rest of Asia Pacific Petroleum Jelly Market
7.5. Latin America Petroleum Jelly Market Snapshot
7.5.1. Brazil Petroleum Jelly Market
7.5.2. Mexico Petroleum Jelly Market
7.6. Rest of The World Petroleum Jelly Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Unilever Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. Sonneborn LLC
8.2.3. Sasol
8.2.4. Raj Petro
8.2.5. Eastern Petroleum
8.2.6. Persia Paraffin
8.2.7. Sovereign Chemicals and Cosmetics
8.2.8. Unisynth Group
8.2.9. Shimi Taghtiran Company
8.2.10. Brenntag AG
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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