PROCESS OIL MARKET (Global Market Trends, Size, Share & Analysis 2017-2025)
GLOBAL PROCESS OIL MARKET FORECAST 2017-2025 “Global Process Oil Market is expected to showcase a healthy CAGR growth of 3.43% over
the forecast period of 2017 – 2025.”
Because of its subsequent demand due to the booming automotive industry, the market is likely to reach 6449-kilo tons and $6558 million by the end of the forecast period of 2017-2025, exhibiting a CAGR of 3.43% and 3.49% respectively.
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MARKET DRIVERS
01
GROWTH OF THE PROCESS OIL MARKET IN AUTOMOTIVE SECTOR
03
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HIGH DEMAND FOR PROCESS OIL IN THE TEXTILE INDUSTRY
02
INCREASE IN PRACTICE OF PROCESS OIL IN PERSONAL CARE INDUSTRY
04
GROWING HYDROCARBON EXPLORATION ACTIVITY IN NONOPEC REGIONS
MARKET INSIGHTS
• The market for process oil is segmented according to its application and types. • The market finds its applications in areas like personal care, tire & rubber, polyme, textile, etc. Inkwood Research
• The various types of process oils available in the market include aromatic, naphthenic, paraffin and non-carcinogenic.
• In the present scenario, the napthenic process oils are dominating the market by type segment.
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Global Process Oil Market Growing at a CAGR 3.43% During the Forecast Period of 2017-2025 Request Free Sample!
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REGIONAL INSIGHTS
Europe Process Oil Market North America Process Oil Market Asia Pacific Process Oil Market % % Growing at a CAGR 3.19% During the Growing at a CAGR 3.69 During the Growing at a CAGR 3.62 During the Forecast Period of Forecast Period of Forecast Period of 2017-2025 2017-2025 2017-2025 Request Free Sample Inkwood Research
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COMPETITIVE INSIGHTS Avista Oil Ag, Apar Industries Ltd, Bahrain Oil Company, Calumet Lubricants Co Ltd, Chevron Corporation, Ergon North & South America, Gazprom, Exxon Mobil Chemical Company, Gp Petroleums, Hollyfrotier Refining & Marketing Inc, Hindustan Petroleum Corporation Ltd, Idemitsu Kosan Co Ltd, Jx Nippon Oil & Energy Corporation, Iranol Company, Lanxess Process Oil, Oao Lukoil, Nynas Ab, Orgkhim Biochemical Holding, Petronas Lubricants Belgium Nv, Panama Petrochem Ltd, Petrochina Lubricant Company, Phillips 66 Company, Petrobras, Repsol Sa, Rosneft, Royal Dutch Shell Plc, Sasol, Sunoco Lp, Sepahan Oil Company, and Total Sa are some of the wellknown process oil companies in the global market. Inkwood Research
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