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Biodegradable Engine Oil Market Report, Segments, Share, Trends & Forecast 2027
According to UnivDatos, the biodegradable engine oil market was valued at around USD 900 million in 2020 and is projected to grow at a CAGR of 4% between 2021 and 2027. This growth is supported by government initiatives aimed at reducing dependency on petroleum-based lubricants. For example, regulatory bodies in Europe and Canada are considering mandates for the use of bio-lubricants in...
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