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Base Oil Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020- 2030
©2019 Transparency Market Research, All Rights Reserved
©2019 Transparency Market Research, All Rights Reserved
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Base Oil Market is anticipated to expand at a CAGR of ~2% By 2030
The global base oil market was valued at ~US$ 34 Bn in 2019 and is anticipated to expand at a CAGR of ~2% during the forecast period. Rise in production and sale of automobiles is a major factor driving the global base oil market. Base oils are used as base fluids in the formulation of various types of lubricants
©2019 Transparency Market Research, All Rights Reserved
©2019 Transparency Market Research, All Rights Reserved
Key players Key players operating in the Base Oil Market are: PetroChina Company Limited Royal Dutch Shell Plc Nynas AB S-OIL CORPORATION
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