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US$ 51.20 Billion Market Potential Highlights the Future Growth Prospects of the Base Oil Industry
Driven by continuous demand across manufacturing, transportation, and heavy industrial machinery, alongside increasingly stringent global environmental regulations mandating low-viscosity, fuel-efficient lubricants, the refinery output landscape is evolving rapidly. High-quality base oils represent a critical foundational feedstock in formulated lubricants, engine oils, and specialized...
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