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NextMSC, the market value would grow by a CAGR of 1.1 percent to reach 41.65 billion U.S. dollars in 2030.
The global base oil market was worth 36.55 billion U.S. dollars in 2019. According to Market value of base oils worldwide in 2019 with a forecast for 2030 (in billion U.S. dollars)
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Next Move Strategy Consulting. (July 22, 2021). Market value of base oils worldwide in 2019 with a forecast for 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 12, 2024, from https://www.statista.com/statistics/1256396/global-base-oil-market-value/
Next Move Strategy Consulting. "Market value of base oils worldwide in 2019 with a forecast for 2030 (in billion U.S. dollars)." Chart. July 22, 2021. Statista. Accessed June 12, 2024. https://www.statista.com/statistics/1256396/global-base-oil-market-value/
Next Move Strategy Consulting. (2021). Market value of base oils worldwide in 2019 with a forecast for 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 12, 2024. https://www.statista.com/statistics/1256396/global-base-oil-market-value/
Next Move Strategy Consulting. "Market Value of Base Oils Worldwide in 2019 with a Forecast for 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Jul 2021, https://www.statista.com/statistics/1256396/global-base-oil-market-value/
Next Move Strategy Consulting, Market value of base oils worldwide in 2019 with a forecast for 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1256396/global-base-oil-market-value/ (last visited June 12, 2024)
Market value of base oils worldwide in 2019 with a forecast for 2030 (in billion U.S. dollars) [Graph], Next Move Strategy Consulting, July 22, 2021. [Online]. Available: https://www.statista.com/statistics/1256396/global-base-oil-market-value/