Naphthenic Base Oil Market - Global Industry Analysis and Forecast : 2025
Base oil is a lubricating oil produced by refining crude oil (known as mineral base oil) or through chemical synthesis (known as synthetic base oil). It exhibits a boiling point within the range of 500°F to 1050°F and consists of hydrocarbons with 18 to 40 carbon atoms. Base oil is generally used to manufacture products such as lubricating grease, motor oil, and metal processing fluids. According to the American Petroleum Institute, these oils are classified into five main categories: Group...
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