Base Oil Market | Revenue Projection: Repsol S.A., Ergon, Inc., Calumet Specialty Products Partners, L.P. - USD 44.51 Bn Valuation by 2029
Base Oil Market Expected to Reach US$ 44.51 Billion by 2029, Driven by Demand for High-Grade Lubricants and Growth in Emerging Economies
Market Overview:
The global base oil market is projected to reach US$ 44.51 billion by 2029, growing at a CAGR of 5% from 2023. This growth is attributed to:
Rising demand for high-grade lubricants: Advanced engine technology necessitates lubricants...
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