The Industrial Lubricants Market Share was valued at USD 68.95 billion in 2022 and is projected to reach USD 89.40 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 3.3% during the forecast period from 2023 to 2030.The market for industrial lubricants has witnessed substantial growth in recent years, driven by various factors such as increasing industrialization, rising demand for efficient machinery, and the need for enhanced equipment performance. Industrial lubricants play a crucial role in reducin...
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