Topic: Compact Cars Market Report and Forecast 2020-2025

The global Compact Cars Market is segmented into seven key regions: North America, Latin America, Western Europe and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). In the coming years, Western Europe, Japan and North America are expected to hold notable share in the demand of Compact Cars mainly driven by growing electric compact car market is growing rapidly in the regions. The APEJ is expected to register significant growth due to demand for compact cars fueled by India and China based on strong demand. The MEA, Latin America and Eastern Europe are also expected to register a healthy CAGR over the forecast period.

The Industrial oils market is estimated to account for a value of USD 60.2 billion in 2019 and is projected to grow at a CAGR of 5.0% from 2019, to reach a value of USD 80.7 billion by 2025.