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Vegetable Oil-Based Lubricants Lead the Sustainability Charge
The Bio Base Oils Market is expected to grow at a CAGR of 25.1% during the forecast period (2024–2031), driven by rising demand for high-grade base oils in the automotive sector and increasing emphasis on sustainability. Bio base oils, derived from refined petroleum or synthetic materials, are processed to meet precise lubricant base stock standards using advanced distillation and...
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