| Product Code: ETC170080 | Publication Date: Jan 2022 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
China mineral oil import shipments in 2024 continued to see a significant growth trend, with a high concentration of imports from Malaysia, Russia, Singapore, South Korea, and Iraq. The Herfindahl-Hirschman Index (HHI) indicated sustained concentration levels. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 25.55%, while the growth rate from 2023 to 2024 was recorded at 6.56%, showcasing a steady expansion in China mineral oil import market.

The mineral oil market in China is experiencing growth due to the wide range of applications for mineral oils in industries such as cosmetics, pharmaceuticals, and food processing. Mineral oil is valued for its lubricating, moisturizing, and preservative properties. The market is driven by the expanding cosmetic and pharmaceutical industries, the growing demand for personal care products, and the need for high-quality industrial lubricants.
The Mineral Oil market in China is driven by the demand for refined oils used in various applications, including lubricants, pharmaceuticals, and personal care products. Mineral oil offers benefits such as stability and versatility. The market growth is supported by advancements in oil refining technologies, increasing demand for mineral oil in diverse applications, and the expansion of end-use industries.
The Mineral Oil market faces challenges related to environmental concerns and tightening market regulations.
Chinas mineral oil market is guided by government regulations related to environmental protection and industrial safety. The government sets standards for the production and use of mineral oils to ensure they meet safety and quality requirements. Policies support the development of advanced mineral oil technologies through funding and research incentives. The government also addresses environmental concerns related to mineral oil extraction and promotes sustainable practices.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China Mineral Oil Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Mineral Oil Market Revenues & Volume, 2021 & 2031F |
3.3 China Mineral Oil Market - Industry Life Cycle |
3.4 China Mineral Oil Market - Porter's Five Forces |
3.5 China Mineral Oil Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 China Mineral Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 China Mineral Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and urbanization in China leading to higher demand for mineral oil products. |
4.2.2 Growth in automotive and transportation sector driving the consumption of mineral oil for lubricants and fuel. |
4.2.3 Rising disposable income and consumer spending fueling the demand for mineral oil-based products in various industries. |
4.3 Market Restraints |
4.3.1 Environmental concerns and regulations pushing for the adoption of alternative, eco-friendly products over mineral oil. |
4.3.2 Volatility in crude oil prices impacting the cost of production and pricing of mineral oil products. |
5 China Mineral Oil Market Trends |
6 China Mineral Oil Market, By Types |
6.1 China Mineral Oil Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 China Mineral Oil Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 China Mineral Oil Market Revenues & Volume, By Technical Oil, 2021-2031F |
6.1.4 China Mineral Oil Market Revenues & Volume, By White Oil, 2021-2031F |
6.2 China Mineral Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 China Mineral Oil Market Revenues & Volume, By Baby Oil, 2021-2031F |
6.2.3 China Mineral Oil Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.4 China Mineral Oil Market Revenues & Volume, By Skin Care Products, 2021-2031F |
6.2.5 China Mineral Oil Market Revenues & Volume, By Hair Care Products, 2021-2031F |
6.2.6 China Mineral Oil Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.2.7 China Mineral Oil Market Revenues & Volume, By Others, 2021-2031F |
7 China Mineral Oil Market Import-Export Trade Statistics |
7.1 China Mineral Oil Market Export to Major Countries |
7.2 China Mineral Oil Market Imports from Major Countries |
8 China Mineral Oil Market Key Performance Indicators |
8.1 Average selling price of mineral oil products in China. |
8.2 Adoption rate of environmentally friendly alternatives to mineral oil in various industries. |
8.3 Investment in research and development for improving the quality and efficiency of mineral oil products. |
8.4 Government policies and regulations related to the usage and production of mineral oil in China. |
8.5 Consumer sentiment and awareness regarding the environmental impact of mineral oil products. |
9 China Mineral Oil Market - Opportunity Assessment |
9.1 China Mineral Oil Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 China Mineral Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 China Mineral Oil Market - Competitive Landscape |
10.1 China Mineral Oil Market Revenue Share, By Companies, 2024 |
10.2 China Mineral Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |