The global industrial lubricants market size was estimated at USD 57,886.3 million in 2024 and is projected to reach USD 73,011.3 million by 2033, growing at a CAGR of 2.9% from 2025 to 2033. The market growth is primarily driven by rapid industrialization in developing economies and the expansion of international trade activities, which have significantly increased the demand for...

The global industrial lubricants market size is expected to reach USD 72.08 billion by 2030, registering a CAGR of 3.9% according to a new report by Grand View Research, Inc. Improving PMI indices across the globe and resultant rise in production capacities are anticipated to boost the demand for industrial lubricants. Moreover, rising manufacturing activities are touted to spur...