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Base Oil Market Report: Estimated at US$ 44.51 Bn by 2029, Leading Industry PlayersBase Oil Market Projected to Reach $44.51 Billion by 2029, Driven by Demand for High-Performance Lubricants The global base oil market is poised for steady growth, expected to reach nearly US$44.51 billion by 2029. This translates to a Compound Annual Growth Rate (CAGR) of 5% from 2023, fueled by the increasing demand for high-quality lubricants across various industries. Request for free...0 Σχόλια 0 Μοιράστηκε 3χλμ. Views
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Base Oil Market Size | US$ 44.51 Bn. Revenue Expected by 2029, Key Players: Chevron, Exxon MobilBase 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...0 Σχόλια 0 Μοιράστηκε 2χλμ. Views
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