Aquaphor It is offered in 4 product ranges: There are two skin protectant ointments. The other product ranges include: Aquaphor Lip Repair and Lip Repair + Protect SPF 30, and Aquaphor Baby. In accordance with the FDA OTC Skin Protectant Monograph Aquaphor, containing 41% petrolatum , temporarily protects minor cuts, scrapes, and burns; protects and helps relieve chapped or cracked skin and lips; helps protect from the drying effects of wind and cold weather.