Global RAE Process Oil Market on Track for Sustainable Growth Through 2032
Global RAE environmentally rubber process oil market demonstrates steady growth, with its valuation reaching USD 133 million in 2024. Industry analysis projects a CAGR of 2.1%, expecting the market to reach approximately USD 154 million by 2032. This growth is primarily driven by increasing regulatory pressures for environmentally compliant rubber processing across automotive and industrial applications, particularly in regions with stringent PAH content restrictions.