In 2022, North America's base oil market stood at a value of 6.2 billion U.S. dollars, which represented a slight increase of three percent compared to the previous year. This value is forecast to increase until it reaches 8.1 billion U.S. dollars in 2032.
Market value of base oil in North America from 2018 to 2022 with a forecast from 2023 to 2032 (in million U.S. dollars)
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Oil industry worldwideInkwood Research. (May 17, 2023). Market value of base oil in North America from 2018 to 2022 with a forecast from 2023 to 2032 (in million U.S. dollars) [Graph]. In Statista. Retrieved June 10, 2024, from https://www.statista.com/statistics/1388640/base-oil-market-value-in-north-america/
Inkwood Research. "Market value of base oil in North America from 2018 to 2022 with a forecast from 2023 to 2032 (in million U.S. dollars)." Chart. May 17, 2023. Statista. Accessed June 10, 2024. https://www.statista.com/statistics/1388640/base-oil-market-value-in-north-america/
Inkwood Research. (2023). Market value of base oil in North America from 2018 to 2022 with a forecast from 2023 to 2032 (in million U.S. dollars). Statista. Statista Inc.. Accessed: June 10, 2024. https://www.statista.com/statistics/1388640/base-oil-market-value-in-north-america/
Inkwood Research. "Market Value of Base Oil in North America from 2018 to 2022 with a Forecast from 2023 to 2032 (in Million U.S. Dollars)." Statista, Statista Inc., 17 May 2023, https://www.statista.com/statistics/1388640/base-oil-market-value-in-north-america/
Inkwood Research, Market value of base oil in North America from 2018 to 2022 with a forecast from 2023 to 2032 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1388640/base-oil-market-value-in-north-america/ (last visited June 10, 2024)
Market value of base oil in North America from 2018 to 2022 with a forecast from 2023 to 2032 (in million U.S. dollars) [Graph], Inkwood Research, May 17, 2023. [Online]. Available: https://www.statista.com/statistics/1388640/base-oil-market-value-in-north-america/