Impact of COVID 19 on Immersion Oil Market
The global immersion oil market was valued at around US$ 55 Mn in 2016 and is anticipated to Transparency Market Research (TMR) titled 'Immersion Oil - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017-2025.' Expansion of the global immersion oil market is driven by the rise in demand from diagnostics laboratories and pharmaceutical & biotechnology companies. The immersion oil market in Asia Pacific is expected to expand at a CAGR of more than 6% during the forecast period. Innovations in microscopy sciences and the rise in usage of microscopes in life science and the health care industry are likely to propel the immersion oil market in the region.