Press release
New Research report On Process Oil Market by focusing on Top Companies like Royal Dutch Shell plc, Chevron Corporation, Nynas AB, ORGKHIM Biochemical Holding
Process oils Market – Industry Trends and Forecast to 2024
Global Process Oils Market By Type (Naphthenic, Non-Carcinogenic, Aromatic, Paraffinic); By Containing Materials (Peptizers, Fatty Acid Derivatives, Petroleum Oils, Polymers, Waxes) By Application (Tire & Rubber, Polymer, Textile, Polymer, Others), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
This report consists of below pages:
No of pages : 350 No of Figures: 60 No of Tables: 220
Global Process Oils Market accounted for USD 4.45 billion in 2016 and is projected to grow at a CAGR of 3.9% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Ask for Free Sample Report @ http://bit.ly/2tkVMed
Market Definition:
Process oil is a combination of naphthenic, non-carcinogenic, aromatic, paraffinic used either as an acid for processing or as a raw material. Process oils are refined using solvent extraction, flash solvency, or aromatics. Process oils are used in various industries including personal care, polymer, defoamer, textile, cable fill, and tire.
Top Key Vendors:-
Some of the major players in the process oils market are:
• Royal Dutch Shell plc,
• Chevron Corporation,
• Nynas AB,
• ORGKHIM Biochemical Holding,
• Petronas Lubricants Belgium NV,
• Hindustan Petroleum Corporation Limited,
• Repsol S.A.
• Among others
Major Market Drivers and Restraint:
• Increasing usage of the process oils in the rubber and tire industries
• Growing market for green and eco-friendly oils
• Limitations on the usage of polycyclic aromatic hydrocarbon
Questions ? Talk to the author of the Report @ http://bit.ly/2oVmq7Z
In Depth Market Segmentation:
On the basis of type:- Naphthenic, non-carcinogenic, aromatic, and paraffinic. Non-carcinogenic are further segmented into Treated Distillate Aromatic Extracted Solvent (TDAE), Mild Extracted Solvent (MES), Residual Aromatic Extracted Solvent (RAE), Treated Residual Aromatic Extract (TRAE))
On the basis of containing materials:- Peptizers, fatty acid derivatives, petroleum oils, polymers, and waxes.
On the basis of application:- Tire & rubber, polymer, textile, polymer, and others.
On the basis of geography:-
• North America,
• South America,
• Europe,
• Asia-Pacific and Middle East & Africa.
In 2017, Asia-Pacific is expected to dominate the market.
Read more about the Global Process oils Market @ http://bit.ly/2I6fI7T
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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Data Bridge Market Research
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Email: sopan.gedam@databridgemarketresearch.com
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