The process oil market, valued at USD 4.9 billion in 2023, is expected to grow to USD 5.85 billion by 2031, at a CAGR of 2.25% from 2024 to 2031. This growth is driven by increasing demand in industries such as tire and rubber, polymers, personal care, and textiles. Factors such as technological advancements, the shift towards non-carcinogenic and bio-based oils due to environmental and health...