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2025-08-08 12:51:59 -

Base Oil Market Segmentation by Product and Application

The global base oil market is expanding, but not without challenges. On the demand side, industries such as automotive, marine, power generation, and manufacturing are driving lubricant consumption, thus boosting base oil requirements. High-performance Group II and Group III base oils are in demand for their superior properties, including better oxidation control, thermal stability, and reduced...

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