Increasing Demand for Green Process Oils Across Globe to Drive Process Oil Market Growth
The report "Process Oil Market by Type (Aromatic, Paraffinic, Naphthenic, Non-carcinogenic), Function (Extender Oil, Plasticizer, Solvent, Defoamer), Production Technology (Convention Route, Gas to Liquid, Bio-based), Application and Region - Global Forecast to 2027", is projected to grow from USD 4.8 billion in 2022 to USD 5.3 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 2.1% during the forecast period. Growing preference for non-carcinogenic process oils in the tire & rubber application has helped drive the process oil...
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