QYR Market Research Global chemical fiber oil market research | Page 3

QYResearch 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%. In 2016, the global chemical fiber oil market is led by China. Europe is the second-largest region-wise market. At present, the major manufacturers of chemical fiber oil are concentrated in China, Europe and Japan. Transfar is the world leader, holding 19% production market share in 2016. Henglong Chemical, Takemoto, Jiangyin Chengjiang Chemical, Total, Zschimmer & Schwarz, Zhejiang Huangma, Tianjing Textile Auxiliaries and Schill & Seilacher are major players in the global market. 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%. www.qyresearch.com