Their low oxidative properties and low-temperature capabilities, however, result in contamination and biodegradability losses, limiting their direct use as base oils. As a result, developing a breakthrough combination of biodegradability and excellent lubricating properties represents a significant challenge for the Biolubricants Market growth rate.
Furthermore, various research and development projects to improve the physicochemical properties of bio-based lubricants have been completed, providing profitable opportunities to market participants from 2022 to 2029. Furthermore, strict environmental regulations on conventional lubricant reserves will propel the biolubricants market forward.
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