Oleophilic Materials: Global Markets
The global market for oleophilic materials has grown to $17.1 million in 2015 from $16.0 million in 2014. The market is expected to grow at a five-year compound annual growth rate (CAGR) of 6.9% from 2015 to 2020, reaching nearly $23.8 million by 2020.
The market for applications of oleophilic materials in the oil and petroleum industry is expected to grow from $7.3 million in 2015 to $10.1 million in 2020, increasing at a CAGR of 6.8% for the period 2015-2020.
The global market for applications of oleophilic materials in the manufacturing assembly industry is expected to grow from $4.2 million in 2015 to $5.9 million in 2020, increasing at a CAGR of 7.4% for the period 2015-2020.
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