Veedolindia07 Feb, 2024Business
Synthetic engine oils are reshaping the automotive industry, driven by evolving emission requirements in recent years. As of 2023, the engine oil market was valued at a staggering $77.5 billion, and it's on an upward trajectory, expected to soar to around $105.5 million by 2027, marking a growth rate of approximately 5.6% CAGR.
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