NextMSC, the market volume is expected to grow to some 48.9 megatons by 2030.
The global base oil market volume stood at 41.9 megatons in 2019. According to Market volume of base oils worldwide in 2019 with a forecast for 2030 (in kilotons)
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Next Move Strategy Consulting. (July 22, 2021). Market volume of base oils worldwide in 2019 with a forecast for 2030 (in kilotons) [Graph]. In Statista. Retrieved June 15, 2024, from https://www.statista.com/statistics/1256390/global-base-oil-market-volume/
Next Move Strategy Consulting. "Market volume of base oils worldwide in 2019 with a forecast for 2030 (in kilotons)." Chart. July 22, 2021. Statista. Accessed June 15, 2024. https://www.statista.com/statistics/1256390/global-base-oil-market-volume/
Next Move Strategy Consulting. (2021). Market volume of base oils worldwide in 2019 with a forecast for 2030 (in kilotons). Statista. Statista Inc.. Accessed: June 15, 2024. https://www.statista.com/statistics/1256390/global-base-oil-market-volume/
Next Move Strategy Consulting. "Market Volume of Base Oils Worldwide in 2019 with a Forecast for 2030 (in Kilotons)." Statista, Statista Inc., 22 Jul 2021, https://www.statista.com/statistics/1256390/global-base-oil-market-volume/
Next Move Strategy Consulting, Market volume of base oils worldwide in 2019 with a forecast for 2030 (in kilotons) Statista, https://www.statista.com/statistics/1256390/global-base-oil-market-volume/ (last visited June 15, 2024)
Market volume of base oils worldwide in 2019 with a forecast for 2030 (in kilotons) [Graph], Next Move Strategy Consulting, July 22, 2021. [Online]. Available: https://www.statista.com/statistics/1256390/global-base-oil-market-volume/