Synthetic lubricants market is anticipated to exceed $18.8 billion by 2026, and witnessing at a CAGR of 5.8% from 2019 to 2026. The report offers key drivers that propel the growth in the global synthetic lubricants market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of …
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Synthetic Lubricants Market to Hit $ 18.8 Bn By 2026
According to the report, the global synthetic lubricants industry generated $12.0 billion in 2018, and is expected to reach $18.8 billion by 2026, registering a CAGR of 5.8% from 2019 to 2026. Chief reasons for market fluctuations Surge in production and sales of automotive, rise in popularity of synthetic lubricants, and development of transportation infrastructure drive the growth of …
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