Global biolubricants market was valued at USD 1.76 billion in 2023...

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2026-08-21 09:56:29 -

Global biolubricants market was valued at USD 1.76 billion in 2023 and is projected to reach USD 2.78 billion by 2030

According to a new report from Intel Market Research, the global biolubricants market was valued at USD 1.76 billion in 2023 and is projected to reach USD 2.78 billion by 2030, exhibiting a CAGR of 6.2% during the forecast period. Biolubricants, also known as bio-based lubricants, are derived from renewable sources such as vegetable oils (e.g., rapeseed, soybean, palm) and animal fats. They...

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