Mineral Oil Market In-Depth Share, Growth Drivers, Size, and Key...

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2024-12-24 11:35:06 -

Mineral Oil Market In-Depth Share, Growth Drivers, Size, and Key Players Insights to 2031

The global mineral oil market, valued at USD 4.25 billion in 2023, is set to experience steady growth, with projections reaching USD 5.89 billion by 2032. This growth is expected to be driven by a compound annual growth rate (CAGR) of 3.71% during the forecast period (2024–2032). Mineral oil, a crucial by-product of petroleum refining, is extensively used across various industries,...

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