Allied Market Research Rise in awareness about cleanliness and hygiene, increase in demand for personal care products among people, surge in standard of living among people, diving fashion consciousness among people, and extensive application of process oil in warp preparation in textile industry drive the growth of the global process oil market. Closure of manufacturing facilities, reduced demand from end-use industries, and shortage of raw materials during the pandemic had a negative impact on the market. Portland, OR, Dec. 01, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global process oil market generated $4.7 billion in 2021, and is projected to reach $6.6 billion by 2031, growing at a CAGR of 3.4% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market. Report Coverage & Details: Report Coverage Details Forecast Period 2022–2031 […]
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