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Base Oil Market Growth Supported by Expanding Automotive and Industrial Sectors
The global base oil market is poised for steady expansion over the next decade, supported by sustained demand from the automotive, industrial, manufacturing, energy, and transportation sectors. According to the latest industry analysis, the global base oil market was valued at US$ 43.7 billion in 2025 and is projected to reach US$ 65.9 billion by 2036, registering a compound annual growth rate...
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