Base Oil Market to Reach $44.51 Billion by 2029, Driven by Demand for High-Performance Lubricants The global base oil market is poised for steady growth, with a projected market size of $44.51 billion by 2029. This translates to a compound annual growth rate (CAGR) of 5% from 2023 onwards. This expansion is fueled by the increasing demand for high-performance lubricants in various...