Global Bio-Based Lubricant Market Synopsis
The Bio-Based Lubricant market was worth USD 2.2 Billion in 2023. As such, the forecast is that the market is expected to reach USD 3.44 Billion by 2032 with a CAGR of 5.1% over the period from 2024 to 2032.
Bio-based lubricants are derived from renewable resources such as plant oils or animal fats, offering biodegradability and reduced environmental...
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