The global production of chemical fiber oil increased from 675.1 K MT in 2012 to 764.7 K MT in 2016, at a CAGR of 3.17%. The global chemical fiber oil market was valued at US$ 1.17 billion in 2016 and is estimated to be worth US$ 1.6 billion by the end of 2023, registering growth at a CAGR of 4.52%.
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