Discover how the Base Oil Market is set to expand from 2025 to 2030, driven by steady demand and a projected 1.51% CAGR.
Base Oil Market Overview:  Global Base Oil Market is set to grow steadily from an estimated volume of 35.15 million tons in 2025 to 37.88 million tons by 2030, registering a compound annual growth rate (CAGR) of about 1.51 % over the forecast period. The base oil market expansion reflects gradual demand for more advanced base oils and evolving application needs across lubricants,...
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