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Strong Growth Predicted for the industrial lubricants market by 2034
Market Overview The industrial lubricants market was worth USD 57.55 billion in 2024 and is expected to grow at a CAGR of 3.89% from 2025 to 2034. Industrial lubricants play a crucial role in reducing friction, wear, and heat in machinery, thereby enhancing operational efficiency and extending equipment lifespan. These lubricants are essential across various industries, including manufacturing,...
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