Global Blown Oil Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Blown Castor Oil, Blown Mustard Oil, Blown Soybean Oil, Blown Rapeseed Oil, and Others.

By Application;

Food and Beverage Industry, Lubricant Industry, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn630566668 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Blown Oil Market (USD Million), 2021 - 2031

In the year 2024, the Global Blown Oil Market was valued at USD 1111.28 million. The size of this market is expected to increase to USD 1366.73 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.0%.

Blown oils, also known as oxidized oils, are produced through a controlled oxidation process that alters the molecular structure of vegetable oils or mineral oils, resulting in enhanced properties such as improved drying time, increased viscosity, and better film-forming characteristics. This versatility has led to the widespread adoption of blown oils in sectors such as paints and coatings, printing inks, adhesives, and rubber processing, where they serve as essential additives to modify product performance and enhance application properties.

Key factors driving the growth of the Global Blown Oil Market include the rising demand for high-performance coatings and inks in construction, automotive, and packaging industries, coupled with increasing investments in infrastructure development and industrial activities worldwide. Stringent regulations aimed at reducing volatile organic compound (VOC) emissions have propelled the shift towards eco-friendly alternatives, further driving the demand for blown oils, which offer low VOC content and improved sustainability profiles compared to conventional solvent-based additives. With ongoing advancements in manufacturing processes and growing emphasis on product innovation, the Global Blown Oil Market is poised for continued expansion, offering lucrative opportunities for manufacturers and suppliers to cater to the evolving needs of various end-use industries while addressing sustainability concerns.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Blown Oil Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Advancements in blown oil technology
        2. Regulatory push for eco-friendly lubricants
        3. Replacement of conventional oils with blown oils
        4. Rising awareness about lubricant efficiency
      2. Restraints
        1. Stringent regulations on emissions and pollutants
        2. Potential for compatibility issues with machinery
        3. Concerns over blown oil performance in extreme conditions
      3. Opportunities
        1. Development of bio-based blown oils
        2. Technological advancements in oil refining
        3. Increasing adoption of renewable energy
        4. Focus on sustainable lubrication solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Blown Oil Market, By Type, 2021 - 2031 (USD Million)
      1. Blown Castor Oil
      2. Blown Mustard Oil
      3. Blown Soybean Oil
      4. Blown Rapeseed Oil
      5. Others
    2. Global Blown Oil Market, By Application, 2021 - 2031 (USD Million)
      1. Food & Beverage Industry
      2. Lubricant Industry
      3. Others
    3. Global Blown Oil Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Kerawalla Group
      2. Ambuja Solvex
      3. Alnor Oil
      4. Vertellus
      5. Croda Lubricants
      6. Girnar Industries
      7. Shangdong Luhua Group
  7. Analyst Views
  8. Future Outlook of the Market