Industrial Oil Market: Rapid Growth Fueled by Automotive, Manufacturing, and Power Generation Sectors
A new market analysis highlights the significant expansion anticipated in the global Industrial Oil Market. Valued at USD 75.46 billion in 2024, the market is projected to grow from USD 78.46 billion in 2025 to a notable USD 106.79 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 4.50% during the forecast period. This growth is primarily driven by increasing industrialization...
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