The Global Pharmaceutical Grade Mineral Oil Market was valued at USD 862 million in 2023 and is projected to reach USD 1,407.61 million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.60% during the forecast period. This expansion is fueled by rising pharmaceutical manufacturing, increasing cosmetic formulations, and strict regulatory requirements for medical-grade ingredients.
As global pharmaceutical standards become more stringent, the importance of ultra-pure mineral oil compliant with USP, Ph.Eur. and JP pharmacopeias has never been greater. This report profiles the Top 10 Companies in the Pharmaceutical Grade Mineral Oil Industry: specialized manufacturers and global suppliers maintaining the highest purity benchmarks for critical healthcare applications.
🔟 1. Sonneborn Refined Products (HCI Group)
Headquarters: Parsippany, New Jersey, USA
Key Offering: CARNATION® and KAYDOL® White Mineral Oils
Sonneborn leads the industry with 120+ years of expertise in pharmaceutical-grade mineral oils, supplying USP/NF, Ph.Eur., and JP compliant products for ointments, tablet coatings and medical device lubricants.
Quality Assurance:
- FDA Drug Master Files available
- Global regulatory compliance across 70+ countries
- Dedicated pharmaceutical manufacturing lines
Download FREE Sample Report: Global Pharmaceutical Grade Mineral Oil Market – View in Detailed Research Report
9️⃣ 2. Calumet Penreco LLC
Headquarters: Houston, Texas, USA
Key Offering: Pure Performance White Mineral Oils
Penreco maintains pharmaceutical-grade production facilities that meet stringent FDA and EMA requirements, specializing in white mineral oils for sensitive medical applications.
Quality Assurance:
- USP/NF and Ph.Eur. monographs compliance
- ISO 9001:2015 certified operations
- Batch traceability systems
8️⃣ 3. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: BARBOL® Pharmaceutical White Oils
BASF’s hydrotreated white mineral oils set industry benchmarks for purity levels, serving European pharmaceutical manufacturers with REACH-compliant products.
Quality Assurance:
- Full European Pharmacopoeia compliance
- GMP+ certified manufacturing
- Technical documentation for regulatory submissions
7️⃣ 4. ExxonMobil Chemical
Headquarters: Houston, Texas, USA
Key Offering: ExxonMobil™ Puresol White Oils
ExxonMobil leverages its global refining expertise to produce pharmaceutical mineral oils that meet the most demanding international purity standards.
Quality Assurance:
- Multiple viscosity grades (2-100 cSt available)
- Global pharmacopeia certifications
- Consistent batch-to-batch quality programs
Download FREE Sample Report: Global Pharmaceutical Grade Mineral Oil Market – View in Detailed Research Report
6️⃣ 5. Huntsman Corporation
Headquarters: The Woodlands, Texas, USA
Key Offering: DRAKEOL® Pharmaceutical Grades
Huntsman specializes in white mineral oils for sensitive medical applications including vaccine adjuvants and topical formulations requiring ultra-high purity.
Quality Assurance:
- ISO 13485 Medical Device certified
- USP/NF and EP grade manufacturing
- Change control protocols
5️⃣ 6. Royal Dutch Shell plc
Headquarters: The Hague, Netherlands
Key Offering: Shell Ondina® Medical Oils
Shell’s pharmaceutical mineral oils are refined using proprietary processes that ensure compliance with global regulatory requirements.
Quality Assurance:
- Global regulatory support team
- Technical documentation packages
- Strict impurity control protocols
4️⃣ 7. Petro-Canada Lubricants Inc.
Headquarters: Mississauga, Canada
Key Offering: PureSmooth™ Pharmaceutical Oils
A Suncor Energy company, Petro-Canada provides mineral oils with exceptional oxidative stability for long-shelf-life pharmaceutical products.
Quality Assurance:
- HACCP certified manufacturing
- USP/NP and Ph.Eur. compliant
- Dedicated API manufacturing facility
3️⃣ 8. Eastman Chemical Company
Headquarters: Kingsport, Tennessee, USA
Key Offering: PureWhite® Mineral Oils
Eastman’s low-aromatic white mineral oils are specially refined for pharmaceutical applications requiring minimal hydrocarbon exposure.
Quality Assurance:
- Multiple pharmacopeia certifications
- ISO 9001 certified production
- Rigorous residue testing
Get Full Report Here: Global Pharmaceutical Grade Mineral Oil Market – View in Detailed Research Report
2️⃣ 9. Panama Petrochem Ltd.
Headquarters: Dubai, UAE
Key Offering: ParaLux® Medical White Oils
Panama Petrochem serves growing Middle Eastern and Asian pharmaceutical markets with GMP-compliant mineral oil products.
Quality Assurance:
- Halal and Kosher certifications available
- Multiple viscosity options
- Regional regulatory expertise
1️⃣ 10. Gandhar Oil Refinery (India) Ltd.
Headquarters: Mumbai, India
Key Offered: G-PHARMA® Mineral Oils
Gandhar dominates India’s pharmaceutical mineral oil market while expanding exports across Asia-Pacific and Africa.
Quality Assurance:
- WHO-GMP certified facilities
- USP, BP, IP compliant formulations
- Technical support for emerging markets
Get Full Report Here: Global Pharmaceutical Grade Mineral Oil Market – View in Detailed Research Report
🧪 Market Outlook: Pharmaceutical Mineral Oil in Healthcare Innovation
The pharmaceutical grade mineral oil landscape is transforming with new formulation technologies and tightening global regulations. North America maintains the largest market share (USD 246.69 million in 2023), while Asia-Pacific shows the strongest growth trajectory.
📈 Critical Industry Trends:
- Increasing USP/EP compliance requirements for excipients
- Growing adoption in biologics and vaccine formulations
- Rising demand from generic drug manufacturers
- Expansion of pharmaceutical contract manufacturing
Get Full Report Here: Global Pharmaceutical Grade Mineral Oil Market – View in Detailed Research Report
The companies profiled represent the gold standard in pharmaceutical mineral oil production – essential partners in delivering safe, effective medications to global markets.
