Economic and Policy Factors Influencing the Global Bio-Lubricants...

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2025-10-14 17:36:54

Economic and Policy Factors Influencing the Global Bio-Lubricants Industry

The global bio-lubricants market was valued at USD 2.98 billion in 2024 and is anticipated to grow at a CAGR of 13.9% during the forecast period. This growth is underpinned by rising environmental regulations, increasing demand for biodegradable and sustainable lubricants, and expanding adoption across transport and industrial sectors. Regionally, North America retains a leading position, while...

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