Tag: lubricants market share
Lubricants Market 2022: Global Analysis, Growth Growth, Current Trends and Forecast till 2030
Lubricants are substances used to reduce the generation of heat through friction between two work surfaces. Due to their benefits in reducing the wear and tear, lubricants are widely used in a wide array of applications, including industrial, automotive,...
Lubricants Market Share Worldwide Industry Growth, Size, Statistics, Opportunities & Forecast
The global Lubricants Market forecast is analyzed based on the volume and revenue of this market.
Lubricants Market - Forecast(2022 - 2027)
The demand for lubricants from the different sector is creating numerous opportunities in the lubricants market which had a market size of around $123 billion as of 2018.
Rise in demand for synthetic oil lubricants in automotive and industrial applications to drive market
The global lubricants market was valued at US$ 125.66 Bn in 2017 and is anticipated to expand at a CAGR of 2.9% from 2018 to 2026
With considerable increase in demand for synthetic oil lubricants, global lubricants market is moving towards healthy growth till 2026
Transparency Market Research has published a new report that states that the global lubricants market will exhibit a CAGR of 2.9% for the given course of the forecast period of 2018 to 2026.
