China Mineral Oil Market (2025 - 2031) | Industry, Value, Revenue, Forecast, Outlook, Growth, COVID-19 IMPACT, Trends, Companies, Analysis, Size & Share

Market Forecast By Grade (Technical Oil, White Oil), By Application (Baby Oil, Cosmetics, Skin Care Products, Hair Care Products, Consumer Goods, Others) And Competitive Landscape
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 Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

China Mineral Oil Market Top 5 Importing Countries and Market Competition (HHI) Analysis

China Mineral Oil Market Overview

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.

Drivers of the market

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.

Challenges of the market

The Mineral Oil market faces challenges related to environmental concerns and tightening market regulations.

Government Policy of the market

China’s 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.

Key Highlights of the Report:

  • China Mineral Oil Market Outlook
  • Market Size of China Mineral Oil Market, 2024
  • Forecast of China Mineral Oil Market, 2031
  • Historical Data and Forecast of China Mineral Oil Revenues & Volume for the Period 2021-2031
  • China Mineral Oil Market Trend Evolution
  • China Mineral Oil Market Drivers and Challenges
  • China Mineral Oil Price Trends
  • China Mineral Oil Porter's Five Forces
  • China Mineral Oil Industry Life Cycle
  • Historical Data and Forecast of China Mineral Oil Market Revenues & Volume By Grade for the Period 2021-2031
  • Historical Data and Forecast of China Mineral Oil Market Revenues & Volume By Technical Oil for the Period 2021-2031
  • Historical Data and Forecast of China Mineral Oil Market Revenues & Volume By White Oil for the Period 2021-2031
  • Historical Data and Forecast of China Mineral Oil Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of China Mineral Oil Market Revenues & Volume By Baby Oil for the Period 2021-2031
  • Historical Data and Forecast of China Mineral Oil Market Revenues & Volume By Cosmetics for the Period 2021-2031
  • Historical Data and Forecast of China Mineral Oil Market Revenues & Volume By Skin Care Products for the Period 2021-2031
  • Historical Data and Forecast of China Mineral Oil Market Revenues & Volume By Hair Care Products for the Period 2021-2031
  • Historical Data and Forecast of China Mineral Oil Market Revenues & Volume By Consumer Goods for the Period 2021-2031
  • Historical Data and Forecast of China Mineral Oil Market Revenues & Volume By Others for the Period 2021-2031
  • China Mineral Oil Import Export Trade Statistics
  • Market Opportunity Assessment By Grade
  • Market Opportunity Assessment By Application
  • China Mineral Oil Top Companies Market Share
  • China Mineral Oil Competitive Benchmarking By Technical and Operational Parameters
  • China Mineral Oil Company Profiles
  • China Mineral Oil Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the China Mineral Oil Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the China Mineral Oil Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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

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