The Middle East White Mineral Oil (Petroleum) Market was valued at USD 187.5 Million in 2024 and is projected to reach USD 256.8 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.4% during forecast period (2024-2030). This expansion is propelled by surging demand from pharmaceutical formulations, food processing applications, and the booming personal care sector across GCC nations.
As regional economies strategically diversify beyond crude oil exports, white mineral oil has emerged as a critical high-value petroleum derivative with diverse industrial applications. This analysis profiles the Top 10 Companies shaping the Middle East’s white mineral oil landscape – from national oil giants to specialty chemical producers revolutionizing regional value chains.
🔟 1. Saudi Aramco
Headquarters: Dhahran, Saudi Arabia
Key Offering: Aramco WhiteOil™ Series (USP/EP grades)
Saudi Aramco commands 32% of regional white oil production through its Jizan and Yanbu refining complexes. The company supplies 45% of GCC’s pharmacopoeia-grade mineral oils while exporting food-grade products to African and Asian markets.
Strategic Developments:
- Commissioned new 80,000 tpa USP-grade unit in 2023
- Launched specialty industrial lubricant formulations
- Partnering with vaccine manufacturers on adjuvant solutions
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9️⃣ 2. ADNOC Refining
Headquarters: Abu Dhabi, UAE
Key Offering: ADNOC White Oil (10-500 viscosity grades)
ADNOC’s Ruwais facility produces 28% of GCC’s pharmaceutical-grade white oils, with advanced hydrocracking technology ensuring <0.1% aromatic content. The company is expanding into heavy-grade oils for plasticizers.
Strategic Developments:
- Completed 50,000 tpa capacity expansion in Q2 2023
- Developing FDA-approved food contact grades
- Joint R&D with European partners on synthetic alternatives
8️⃣ 3. National Iranian Oil Refining Company
Headquarters: Tehran, Iran
Key Offering: NIOC Parex White Oils
Despite sanctions constraints, NIOC supplies 65% of Iran’s domestic pharmaceutical white oil demand through its Bandar Abbas refinery, while increasing CIS region exports.
Strategic Developments:
- Pioneering transdermal delivery-grade oils
- Investing in molecular distillation technology
- Developing plant-based white oil alternatives
7️⃣ 4. Kuwait National Petroleum Company
Headquarters: Kuwait City, Kuwait
Key Offering: KNPC White Oils (ISO 3498 certified)
KNPC’s Mina Abdullah facility meets 60% of Kuwait’s pharmaceutical excipient needs while pioneering specialty wax applications through advanced refining.
Strategic Developments:
- 15% capacity expansion underway (Completion Q1 2025)
- Developing synthetic ester alternatives
- Technical partnerships with German purification specialists
Download FREE Sample Report: Middle East White Mineral Oil (Petroleum) Market – View in Detailed Research Report
6️⃣ 5. QatarEnergy
Headquarters: Doha, Qatar
Key Offering: QP-Med White Oils (EP 10.0 compliant)
QatarEnergy’s Mesaieed complex focuses on high-margin medical and food-grade applications, supplying multinational pharma operations across MENA.
Strategic Developments:
- New hydrotreatment unit operational since 2023
- Developing cold-chain stable formulations
- Expanding vaccine adjuvant market share
5️⃣ 6. OQ Chemicals
Headquarters: Muscat, Oman
Key Offering: OQ White Oils (technical & specialty)
OQ’s Sohar refinery produces niche industrial grades for textile and rubber processing, capturing 40% of East African personal care market demand.
Strategic Developments:
- 30% food-grade packaging oil capacity increase
- Precision lubrication JV with Japanese partners
- Closed-loop recycling initiative development
4️⃣ 7. Bapco Energies
Headquarters: Manama, Bahrain
Key Offering: Bapco White (10-500 viscosity)
Bapco supplies 80% of Bahrain’s plastics processing needs through advanced hydrocracking technology producing low-aromatic white oils.
Strategic Developments:
- Distillation column modernization (2024-26)
- Developing FDA Grade H1 oils
- University partnerships on bio-alternatives
3️⃣ 8. Sasol Middle East
Headquarters: Dubai, UAE
Key Offering: Sasol White Oils (GTL-based)
Sasol leads the UAE cosmetics market with gas-to-liquids derived white oils featuring superior purity profiles for premium skincare.
Strategic Developments:
- 35% Dubai blending capacity expansion
- Water-white oil development program
- 2025 sustainable grades roadmap
2️⃣ 9. SNOC (Sharjah National Oil Corporation)
Headquarters: Sharjah, UAE
Key Offering: SNOC Industrial White Oils
SNOC specializes in mid-viscosity processing oils for textiles and polymers, with growing pharmaceutical segment penetration.
Strategic Developments:
- New 30,000 tpa unit commissioned 2023
- Anti-static formulation development
- European technical partnerships
1️⃣ 10. Gulf Oil International Middle East
Headquarters: Fujairah, UAE
Key Offering: Gulf White (full viscosity range)
Gulf Oil operates the region’s largest blending and packaging facility, holding 18% market share in industrial lubricant applications.
Strategic Developments:
- Arctic-grade formulations launch
- Food machinery oil line expansion
- Pharma packaging automation investments
Get Full Report Here: Middle East White Mineral Oil (Petroleum) Market – View in Detailed Research Report
🌍 Market Outlook: White Oils as Industrial Enablers
The GCC white mineral oil sector is transitioning from bulk industrial applications to high-value specialties, with pharmaceutical and food grades growing at 7.2% CAGR through 2030.
📈 Critical Industry Trends:
- 50% increase in USP/EP capacity investments (2023-2025)
- Vaccine adjuvant applications growing at 12% annually
- Food contact approvals becoming market differentiators
- Bio-based alternatives entering pilot phases
Get Full Report Here: Middle East White Mineral Oil (Petroleum) Market – View in Detailed Research Report
These market leaders aren’t just refining petroleum – they’re catalyzing the region’s industrial sophistication through specialty hydrocarbons.
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