The worldwide bio-based lubricant market is forecast to reach a market value of 2.64 billion U.S. dollars in 2024, up from 2.55 billion U.S. dollars in 2023. By 2028, this market is expected to exceed three billion U.S. dollars in market value.
More information on the bio-based lubricants market can be found here.
Market value of bio-based lubricants worldwide from 2021 to 2023, with a forecast until 2031
(in million U.S. dollars)
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Extrapolate. (March 31, 2024). Market value of bio-based lubricants worldwide from 2021 to 2023, with a forecast until 2031 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1461186/global-bio-lubricants-market-size-forecast/
Extrapolate. "Market value of bio-based lubricants worldwide from 2021 to 2023, with a forecast until 2031 (in million U.S. dollars)." Chart. March 31, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1461186/global-bio-lubricants-market-size-forecast/
Extrapolate. (2024). Market value of bio-based lubricants worldwide from 2021 to 2023, with a forecast until 2031 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1461186/global-bio-lubricants-market-size-forecast/
Extrapolate. "Market Value of Bio-based Lubricants Worldwide from 2021 to 2023, with a Forecast until 2031 (in Million U.S. Dollars)." Statista, Statista Inc., 31 Mar 2024, https://www.statista.com/statistics/1461186/global-bio-lubricants-market-size-forecast/
Extrapolate, Market value of bio-based lubricants worldwide from 2021 to 2023, with a forecast until 2031 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1461186/global-bio-lubricants-market-size-forecast/ (last visited November 22, 2024)
Market value of bio-based lubricants worldwide from 2021 to 2023, with a forecast until 2031 (in million U.S. dollars) [Graph], Extrapolate, March 31, 2024. [Online]. Available: https://www.statista.com/statistics/1461186/global-bio-lubricants-market-size-forecast/