White Oil Market is Forecast to Increase With a Valuation of USD 3.1 Billion by 2031

The global white oil industry was estimated at $2.2 billion in 2021 and is expected to hit $3.1 billion by 2031, registering a CAGR of 3.7% from 2022 to 2031. Surge in demand from the plastic & polymer manufacturing sector wherein white mineral oils are widely used for producing polystyrene, polyolefins, thermoplastic elastomers, and other …