Base Oil Market to Reach USD 33.20 Billion by 2032 due to Growing Demand Across Industries, Research by SNS Insider

The growth of the base oil market is driven by increasing demand from the automotive and industrial sectors for lubricants, as well as advancements in refining technologies that enhance product quality.Pune, Aug. 26, 2024 (GLOBE NEWSWIRE) -- According to the SNS Insider report, the base oil market is valued at USD 20.86 billion in 2023 and is projected to reach USD 33.20 billion by the end of 2032. During the forecast period of 2024-2032, it will grow with a CAGR of 5.3%. This growth has been in
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