Base Oil Market Projected to Reach 44.51Billionby2029,DrivenbyDemandinEmergingEconomiesandHigh−PerformanceLubricants **Market Overview** The global base oil market size was valued at US 31.63 billion in 2022 and is expected to reach US$ 44.51 billion by 2029, growing at a CAGR of 5%. Base oils are crucial components of lubricants, making up 70-97% of their formulation. They play...