Automotive Oil Industry Set to Reach USD 73.49 Billion by 2035, with a CAGR of 2.6% – FMIBlog
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Automotive Oil Industry Set to Reach USD 73.49 Billion by 2035, with a CAGR of 2.6% – FMIBlog
Automotive Oil Market The automotive oil industry is projected to experience steady growth, with a compound annual growth rate (CAGR) of 2.6%. This consistent expansion is expected to drive the market value from USD 56.85 billion in 2025 to an estimated USD 73.49 billion by 2035. Factors such as increasing vehicle production, rising demand for high-performance lubricants, and stricter environmental regulations are fueling this upward trend, po…
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