Base Oil Market Growth Potential: Revenue to Reach USD 44.51 Bn by 2029, 5% CAGR - Nynas, Repsol, Ergon Spearhead Market Expansion
Base Oil Market to Reach Nearly US$44.5 Billion by 2029, Driven by Industrial Growth and High-Grade Lubricant Demand Market Overview: The global Base Oil market is poised for steady growth, reaching an estimated US$44.51 billion by 2029. This expansion is fueled by several key factors: Rising demand for high-grade lubricants: Advancements in engine technology necessitate lubricants...
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