Base Oil Market Today: Expected Revenue US$ 44.51 Bn. by 2029 | Major Participants: S-OIL, Chevron Corporation
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...
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