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Lubricants Market

Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024-2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Published Date: Jan 2025 | Format: | No. of Pages: 187

Industry: Chemicals & Materials | Author Name: Harshad

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FAQ : Lubricants Market

The lubricants market is estimated to be valued at US$ 178.1 billion in 2025.

Lubricants are categorised into four types - oil, greases, penetrating lubricants and dry lubricants.

The industry is estimated to grow at a CAGR of 3.1% from 2025 to 2032.

Lubricants are mainly used to decrease friction and wear of the surfaces in contact.

BP PLC, Chevron Corporation, and China National Petroleum Corporation (CNPC) are some of the key industry players.
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