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Technavio Research: Oil Mist Collector Market Value to Increase $120 Million During 2020-2024 | 64% Growth to Come From APAC


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The global oil mist collector market research report from Technavio projects USD 119.98 million growth during 2020-2024 while progressing at a CAGR of over 2% during the forecast period. The report indicates neutral growth in the short term as the business impact of COVID-19 spreads.
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Technavio has announced its latest market research report titled Global Oil Mist Collector Market 2020-2024 (Graphic: Business Wire)
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One of the primary growth drivers for this market is the rise in the production of light vehicles, says a senior analyst at Technavio. The rising concerns over the environmental impact caused by fossil fuels have compelled automakers to focus on developing fuel-efficient vehicles. This has led to the introduction of lightweight vehicles, whic ....

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