The company would focus on the aftermarket segment in Phase I and is looking to achieve between 4-5% market share by 2025 in the aftermarket segment. Phase II will involve tie ups with original equipment manufacturers (OEMs). source:F&L...
India, in particular, has emerged as a key growth market, as well as a source of competitively priced lubricants. Strong growth in the Indian automotive, power and engineering sectors is creating new market opportunities for lubricants manufacturers.Dr. Prafulla A. Pawar...
Lubricant additives market size is estimated to grow by USD 2.40 billion from 2021 to 2025 at a CAGR of 3% with the automotive having largest market share. Increasing need for reliable machinery and effective maintenance will be a key driver fueling the
According to the latest lubricant market trends, Asia Pacific held largest share in 2023. Growth in automobile production is fueling the market dynamics of the region. The use of lubricants is on the rise in countries, such as China, Japan, and India, owing to increase in automobile production...
Lubricant Additives Market Share, by Geography , 2014 Source: MarketsandMarkets Analysis Asia-Pacific will continue to lead the market till 2019, followed by North America and Europe. Latin America will be the second most growing market, leaving behind developed economies, such as North America and...
Which is the fastest growing segment in the Thailand Lubricants Market? What years does this Thailand Lubricants Market cover, and what was the market size in 2023? Thailand Lubricants Industry Report Statistics for the 2024 Thailand Lubricants market share, size and revenue growth rate, created by...
Microfluidics Device Market South East Asia Tourism Vehicle Rental Market Sustainability Market Informe de la industria de lubricantes agrícolas Estadísticas para la participación de mercado, el tamaño y la tasa de crecimiento de ingresos de Lubricantes agrícolas en 2024, creadas por Mordor...
Share Specifics with Me Regional Outlook The food processing industrial growth and increase in automotive and other industries in China will be a key growth platform for the market of hydro lubricants. The North American region with moderate industrial growth will also be a market for hydro lubri...
and North America combined. Asia's share of the global lubricant market now translates to an annual consumption of 19-23 billion litres, and considering that this amount is worth an estimated USD 60-80 billion, it pays to understand what drives Asian markets in search of the next opportunity...
The global lubricant additives market size was estimated at USD 17.7 billion in 2023 and is projected to expand at a CAGR of 4.2% in terms of revenue from 2024 to 2030