According to the research report titled ‘North America Paper Machine Oil Market Size, Share and Industry Analysis Report by Product (Mineral {Zinc-based Mineral, Zinc-free Mineral}, Synthetic), Machine Type (Cylinder Machine {Automatic, Semi-Automatic}, Fourdrinier Machine {Automatic, Semi-Automatic}) and End-use (OEM, Aftermarket), Regional Outlook, Application Potential, Competitive Market 2021- 2027’, available with MarketStudyReport, North America paper machine oil market is expected to register a notable CAGR over the forecast period 2021-2027.

Report findings suggest that growing use paper-based packaging in place of plastic packaging, and high emphasis on sustainable packing methods are the primary factors driving North America paper machine oil market growth.

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Notably, during the COVID-19 pandemic, the demand for online grocery shopping and food delivery services grew as consumer preferences pivoted towards e-commerce platforms. The booming e-commerce sector has created huge scope for packaging, which has bolstered product uptake over the past few years.

Furthermore, growing use of protective packaging for delivery of medicines and food items is also likely to boost industry remuneration scope over 2021-2027.

Considering product gamut, North America paper machine oil industry is split into mineral {zinc-free mineral, and zinc-based mineral}, and synthetic segments, while by end user spectrum the market classification comprises original equipment manufacturers and aftermarket.

Elaborating on machine type segmentation of market, the semi-automatic cylinder machine sub-segment is slated to record a CAGR of 2% over the analysis timeframe, while the semi-automatic fourdrinier machine sub-segment is on track to register 2.5% CAGR through 2027.

Prominent players in North America paper machine oil industry include Kluber Lubrication, Carl Bechem GmbH, Exxon Mobil Corp., Brewer-Hendley Oil Co., Castrol Ltd., Interlube Corp., Chevron Corp., Petro?Canada Lubricants Inc., TotalEnergies SE, Fuchs Schmierstoffe GmbH, Phillips 66 Co., and Shell plc.