Press release
'Mineral Oil Market' : Industry Trends, Company Revenue Share, Business Outlook, Key players and Forecast to 2030
The mineral oils market is expected to grow significantly in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 4.6% in the forecast period of 2023 to 2030 and is expected to reach USD 7,352,184.11 thousand by 2030. The growing use of mineral oil in various industries has been the major driver for the global mineral oils market.Market Definition
Mineral oil is a chemical substance which has made from naturally occurring crude petroleum oil. Mineral oils are also known as baby oils, base oils, mineral base oils, or lubricant base oils. Mineral oils are transparent, colourless, oily liquids which are tasteless and odourless. They are insoluble in ethanol and water but soluble in petroleum ether, carbon disulfide, benzene, and volatile oils.
Read InDepth Analysis Full Research Report@ https://www.databridgemarketresearch.com/reports/global-mineral-oil-market
Some of the major players operating in the mineral oil market are:
ChemCeed (US)
RENKERT OIL (US)
SEOJIN CHEMICAL CO., LTD. (South Korea)
Sonneborn LLC (US)
Shell Plc (UK)
Suncor Energy Inc. (Canada)
Exxon Mobil Corporation (US)
SINOPEC (China)
Sasol (South Africa)
BP p.l.c. (UK)
Unicorn Petroleum. (India)
Star West (US)
BASF SE (Germany)
Dow (US)
Applied Thermal Control ltd (UK)
Clariant (Switzerland)
Eastman Chemical Company (US)
Flowserve Corporation (US)
Radco Industries (US)
Huntsman International L.L.C (US)
Global Mineral oil Market Scope
The mineral oil market is segmented on the basis of class, grade and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Class
Paraffinic Oils
Naphthenic Oils
Aromatic Oils
Grade
Technical Oil
White Oil
Application
Cosmetic and Personal Care
Food and Beverage
Electrical and Industrial
Agriculture
Textile
Polymers
Biomedicine
Mechanical
Others
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About Data Bridge Market Research (DBMR):
Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.
Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expands their reach by opening a new office in Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. "Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve."
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe.
Contact Us
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Email - corporatesales@databridgemarketresearch.com
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