Mineral Oil Market - Global Industry Analysis Outlook by 2024
Mineral oil is a distilled product of petroleum, which is characterized by colorlessness and odorlessness. It is a liquid by-product composed of alkanes and cycloalkanes, extracted from the refining of crude oil. Mineral oil is highly useful in making petroleum-based products such as biomedicine, pharmaceuticals, textile, food products, and cosmetics. These oils also find application various industrial and mechanical processes including thermic fluid, as it appropriately serves the purpose of a lubricant. In the recent past, research and development in...
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