petroleum jelly market
Description of Petroleum Jelly
petroleum jelly or petrolatum was discovered as a paraffin-like material coating oil rigs. Since then, it has been used in various ointments and as a lubricant. Petroleum jelly is mixture of mineral waxes and oils that together lock moisture in skin, moisturizing it to repair and relieve dryness. They are stabilized in such fashion that the oil appears to form the internal phase, whereas the wax compound forms the external phase.
Petroleum jelly is made by the waxy petroleum material that formed on oil rigs and distilling it. The lighter and thinner oil-based products make up petroleum jelly, also known as white petrolatum or simply as petrolatum. Robert Chesebrough is the chemist who devised and patented this process. Basically, the crude material undergoes vacuum distillation. The still residue is then filtered through bone char to yield petroleum jelly.
Petroleum jelly is hugely versatile, and it’s used all over the world to protect and heal dry skin, from dry, cracked hands to hard skin on heels, as well as for beauty purposes, like softening the lips or highlighting the cheekbones!Petroleum is a plastic, semisolid, unctuous hydrocarbon mixture derived from heavy residual lubricating oil fractions of petroleum. It is essentially a colloidal system in which the solid hydrocarbon components are the external continuous phase and the liquid hydrocarbons are the internal phase i.e the liquid hydrocarbon are in the form of discrete droplets within the solid phase. Petroleum may be considered as micro crystalline wax which has absorbed the oil, resulting in an amorphous swollen jelly like mass. It was this physical state that provided its origin name “Petroleum jelly’ which term is still used for the grades of petroleum prepared for pharmaceutical application.
Natural petroleum is chemically inert salve like emollient substance which could be refined to be essentially odourless colourless and tasteless, though petroleum jelly a highly refined varies in colour from colourless to yellow. Semisolid mixture of hydrocarbons derived from dewaxing of heavy paraffin base lubricating oils; 90-200 SVs at 99 deg.C. It is an excellent carrier for medicants whose efficacy depends on their being maintained on the skin for an extended period without period itself being readily absorbed. Petroleum does not irritate the skin and is not easily washed away by the sweating of life tissues. Petroleum has a unique feature of fiber characteristics which is apparent in the finished and ointment strongly and sticky.
Indian Petroleum Jelly Market
Various Cosmetics and pharmaceuticals are used by the large number of people in general for wounds, cuts, burns, skin diseases. In today’s business word, more and cosmetics industries are coming up and thereby increasing the demand for the raw materials like petroleum jelly. Hence it can be assumed that the petroleum jelly is having very good market potential in view of development of cosmetic & pharmaceutical industry in India.
Present demand for petroleum jelly including export demand is around 70000 metric tonne per annum.
Growth rate in demand for 2021: 7% per annum.
Global petroleum jelly market
Global supplies of petroleum jelly continue to shrink due to the reduction in API Group I and specifically base oil Group I production capacity.
On the other hand, demand for petroleum jelly continues to be strong, helped by the recovery in many parts of the world. The resultant rise in prices has motivated wax de oilers, blenders, specialty wax producers to seek alternatives.
The interplay of supply and demand drivers and the penetration of alternate materials will set the future direction of this product market. While natural and organic products account for a small percentage of the total skin care market, their share is growing faster than the general market.
Global Vaseline Market in 2017 to 2022
The brand’s success in recent years is down to a number of initiatives. One key factor is the Vaseline Healing Project, which brings much-needed dermatological support to communities in need and aims to heal the skin of 5 million people by 2020.
Vaseline’s growth has also been driven by emerging markets, with strong results in India, Indonesia, Thailand, South Africa and the Kingdom of Saudi Arabia (KSA) in recent years.
Global Vaseline Market Research 2017 presents the in-depth assessment of Vaseline Industry including a competitive analysis of top market players, Vaseline Business growth, consumption volume, Vaseline market drivers and restraints, future road map for the new beginner in planning their Vaseline business strategies. Furthermore, Vaseline Report includes analysis of market ups and downs of past five years and forecasts Vaseline sales investment information from 2017 to 2022.
Petroleum Jelly Market.
