United States Naphthenic Base Oil Industry Report: Growth Insights & Future Opportunities
United States Naphthenic Base Oil Market is witnessing steady growth, driven by its indispensable role in industrial lubricants, process oils, and specialty applications. While the market was valued at USD 1.8 billion in 2023, analysts project it will reach USD 2.5 billion by 2032, expanding at a CAGR of 4.1% during the forecast period.
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