Lubricants Market to Reach US$ 206.9 Billion by 2034, Driven by Sustainability and Industrial Growth
The global lubricants market is poised for substantial growth, projected to reach US$ 206.9 billion by 2034, driven by increasing demand for bio-based lubricants, robust industrial expansion, and advancements in lubricant technology. Asia Pacific is expected to lead the market, fueled by rapid industrialization and rising automotive sales.