The Global Medicinal White Oil Market was valued at USD 217.26 Million in 2023 and is projected to reach USD 286.20 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.70% during the forecast period (2024–2029). This steady growth is propelled by the expanding pharmaceutical and personal care industries, stringent regulatory standards for product purity, and the increasing demand for high-quality excipients and base oils in medical formulations.
As the healthcare sector continues to prioritize safety and compliance, the role of pharmaceutical-grade white oil suppliers becomes increasingly critical. These companies are responsible for providing highly refined, inert, and non-toxic mineral oils that serve as essential components in everything from capsule manufacturing to topical ointments. In this blog, we profile the Top 10 Companies in the Medicinal White Oil Industry—a group of specialized refiners and global chemical suppliers dedicated to upholding the highest standards of pharmaceutical purity.
🔟 1. ExxonMobil
Headquarters: Irving, Texas, USA
Key Offering: Medical White Oils (Various Grades)
ExxonMobil is a global leader in the production of high-purity white mineral oils. Their medicinal-grade products are extensively used as lubricants, carriers, and base oils in pharmaceutical and personal care applications, meeting rigorous international pharmacopeia standards such as USP, NF, and Ph. Eur.
Quality & Innovation Initiatives:
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Advanced hydrotreatment processes ensuring ultra-pure output
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Global supply chain supporting pharmaceutical manufacturers
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Continuous R&D for enhanced product performance and compliance
Download FREE Sample Report: Global Medicinal White Oil Market – View in Detailed Research Report
9️⃣ 2. Sonneborn
Headquarters: Parsippany, New Jersey, USA
Key Offering: Pharmaceutical White Oils, Synesstic™ and Protol® Brands
Sonneborn, a division of Petro-Canada Lubricants Inc., specializes in high-purity white oils and petrolatums. Their products are indispensable in pharmaceutical manufacturing for applications requiring exceptional purity, stability, and inertness.
Quality & Innovation Initiatives:
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Rigorous quality control aligned with USP, Ph. Eur., and JP standards
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Development of specialized grades for sensitive formulations
8️⃣ 3. Shell plc
Headquarters: London, United Kingdom
Key Offering: Shell Ondina® Medical White Oils
Shell’s Ondina range of white oils is designed for the pharmaceutical and cosmetics industries. These oils undergo severe hydrotreatment to remove impurities, making them suitable for direct and indirect food contact and pharmaceutical applications.
Quality & Innovation Initiatives:
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Investment in sustainable refining technologies
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Global technical support for formulation optimization
7️⃣ 4. Renkert Oil, Inc
Headquarters: Elverson, Pennsylvania, USA
Key Offering: Custom-Blended Medicinal White Oils
Renkert Oil is a key distributor and blender of white mineral oils, serving niche pharmaceutical and medical device markets. The company provides tailored solutions to meet specific viscosity and performance requirements for drug delivery systems.
Quality & Innovation Initiatives:
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Flexible blending and packaging services
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Focus on high-value, low-volume specialty applications
6️⃣ 5. Nynas AB
Headquarters: Stockholm, Sweden
Key Offering: Nynas White Oils (Pharmaceutical Grades)
Nynas is a leading global supplier of naphthenic and paraffinic white oils. Their medicinal-grade products are known for their excellent oxidative stability and purity, making them ideal for use in ointments, lotions, and as lubricants for medical equipment.
Quality & Innovation Initiatives:
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Specialization in naphthenic oils offering unique solvency properties
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Commitment to sustainability and reducing environmental impact
Download FREE Sample Report: Global Medicinal White Oil Market – View in Detailed Research Report
5️⃣ 6. CASTROL (A Part of BP plc)
Headquarters: London, United Kingdom
Key Offering: Industrial White Oils for Medical Applications
While known for lubricants, Castrol (under BP) supplies high-grade white oils that find applications in the pharmaceutical sector, particularly as lubricants for machinery used in drug manufacturing and packaging, ensuring no contamination.
Quality & Innovation Initiatives:
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Adherence to Good Manufacturing Practices (GMP)
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Products certified for incidental food and pharmaceutical contact
4️⃣ 7. Chevron
Headquarters: San Ramon, California, USA
Key Offering: Chevron White Oils (Pharmaceutical Grades)
Chevron produces a range of high-purity white mineral oils that meet stringent pharmaceutical requirements. These oils are used as bases for ointments, capsule lubricants, and as components in various medical preparations.
Quality & Innovation Initiatives:
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Investment in advanced hydroprocessing units
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Strong focus on supply chain reliability and traceability
3️⃣ 8. Repsol
Headquarters: Madrid, Spain
Key Offering: Medical-Grade White Oils
Repsol is a major energy company with a dedicated chemicals division that produces white oils for the pharmaceutical industry. Their products comply with European and international pharmacopeias, serving a broad customer base.
Quality & Innovation Initiatives:
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Expansion of high-purity product portfolio
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Strategic focus on the European pharmaceutical market
2️⃣ 9. APAR Industries
Headquarters: Mumbai, India APAR Industries is a significant player in the Asian market, supplying specialty oils including medicinal white oils. The company caters to the growing pharmaceutical sector in India and neighboring countries with products that meet required purity standards. Quality & Innovation Initiatives: Focus on cost-effective production for emerging markets Expansion of manufacturing capabilities to meet regional demand Headquarters: Seoul, South Korea Brenntag, the global market leader in chemical distribution, plays a crucial role in the medicinal white oil supply chain. Through its Korean subsidiary and global network, it provides tailored solutions and just-in-time delivery to pharmaceutical manufacturers. Quality & Innovation Initiatives: Extensive logistics network ensuring reliable supply Technical expertise in product selection and application support Get Full Report Here: Global Medicinal White Oil Market – View in Detailed Research Report The medicinal white oil market is experiencing a steady evolution. While traditional applications continue to dominate, the industry is increasingly focused on ultra-high purity standards, advanced refining technologies, and compliance with global regulatory frameworks. Increasing stringency of pharmacopeia standards (USP, EP, JP) Growing demand for bio-based and sustainable alternatives in development Rising pharmaceutical production in Asia-Pacific driving regional market growth Technological advancements in hydrotreatment for impurity removal Get Full Report Here: Global Medicinal White Oil Market – View in Detailed Research Report The companies listed above are not only supplying essential ingredients for the pharmaceutical industry—they are upholding the critical standards of safety and purity that protect patient health worldwide.
Key Offering:
1️⃣ 10. Brenntag Korea Co., Ltd
Key Offering: Distribution of Medicinal White Oils
🌍 Outlook: The Future of Medicinal White Oil Is Defined by Purity and Compliance
📈 Key Trends Shaping the Market:
