The global base oil market was worth 36.55 billion U.S. dollars in 2019. According to NextMSC, the market value would grow by a CAGR of 1.1 percent to reach 41.65 billion U.S. dollars in 2030.
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 November 22, 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 November 22, 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: November 22, 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 November 22, 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/
