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Motor Oil Market Segments 2024-2033 | Size, Share And Insights | #motor Oil Market

Motor Oil Market Segments 2024-2033 | Size, Share And Insights

Motor Oil Market Segments 2024-2033 | Size, Share And Insights

The global Motor Oil market was valued at approximately USD 40 billion in 2023 and is expected to reach around USD 50 billion by 2030, growing at a compound annual growth rate (CAGR) of approximately 3.5%. This growth is attributed to the increasing vehicle fleet, rising disposable incomes