Lubricants Market worth $198.4 billion by 2029 - Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]
Exxon Mobil Corporation (XOM)
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Source: Yahoo! Finance
Lubricants), Product Type (Engine Oil, Turbine Oil, Metalworking Fluid, hydraulic Oil), End-use Industry (Transportation and Industrial) - Global Forecast to 2029", Lubricants Market was USD 173.5 billion in 2024 and is projected to reach USD 198.4 billion by 2029, at a CAGR of 2.7%, between 2024 and 2029. The market is projected to grow because of rising demand for high performance engines, mounting demand from marine applications and limitations for electric vehicles. These lubricants play a crucial role in various applications in both transportation and industrial end-use industry. In addition, due to the increasing population, increasing demand from food industry and transportation, technological advancements and changing consumer preferences the demand for lubricants can increase due to various applications. Browse in-depth TOC on "Lubricants Market". 151 – Tables 64 – Figures 250 – Pages Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=18204
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