ReportLinker In the changed post COVID-19 business landscape, the global market for Rubber Process Oil estimated at US$1. 7 Billion in the year 2020, is projected to reach a revised size of US$2. 4 Billion by 2027, growing at a CAGR of 4. New York, Dec. 26, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report "Global Rubber Process Oil Industry" – https://www.reportlinker.com/p06032807/?utm_source=GNW 8% over the analysis period 2020-2027. Naphthenic, one of the segments analyzed in the report, is projected to record a 4.9% CAGR and reach US$903.2 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the TDAE segment is readjusted to a revised 5.3% CAGR for the next 7-year period. The U.S. Market is Estimated at $496 Million, While China is Forecast to Grow at 4.6% CAGR The Rubber Process Oil market in the U.S. is estimated at US$496 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$418.4 Million by the year 2027 trailing a CAGR of 4.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and […]
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