- September 2019 |
- Chemicals And Materials / Chemicals
Global Industrial Oils Market, By End-User (Pharmaceuticals, Paints and Coatings, Biofuel, Cosmetics, and Personal Care Products), By Source (Rapeseed, Soybean, Sunflower, Corn, Palm, Cottonseed), By Type (Grade I, Grade II, Grade III), By Regional Outlook (Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa) – Market Size, Share, Trends, Analysis and Forecast to 2015-2025
Global Industrial Oils Market: Overview
Global Industrial Oils Market is anticipated to be valued at USD 58.7 billion in the year 2018. It is projected to reach USD 77.2 billion by 2025, recording a CAGR of 4.7% during the forecast period 2019-2025. Improving PMI lists over the globe and resultant ascent production limits are foreseen to help the interest for industrial oils. In addition, rising assembling exercises are touted to spike interest production hardware, along these lines making a solid development potential for industrial oils.