The America lubricants market is expected to reach USD 45.8 billion by 2030, registering a CAGR of 3.0% during the forecast period, as per the new report by Grand View Research, Inc. The growth is attributed to the increase in demand for the automotive and industrial segments within the region. The lubricants market in America is expected to increase significantly, during the forecast...

The global copper wire drawing lubricants market size was valued at USD 800 million in 2023 and is projected to grow to USD 1.2 billion by 2032, expanding at a CAGR of 4.5%. The increased demand for copper wires in various applications like telecommunications, electrical wiring, and automotive sectors, coupled with the growing shift toward electric vehicles, is accelerating this market's...

Global Contact Lubricants Market Set for Significant Growth, Driven by Increasing Industrial Applications and Technological Advancements Rising from USD 1.5 billion in 2023 to USD 2.3 billion by 2032, the contact lubricants market is expected to grow at a 4.9% CAGR. The automotive sector's growth, driven by the proliferation of EVs and autonomous vehicles, increases the demand for reliable...

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...

The global lubricants market size is expected to reach USD 180.21 billion by 2030, registering a CAGR of 3.8% over the forecast period, according to a new report by Grand View Research, Inc. Growth in demand for biobased lubes owing to their eco-friendly characteristics is poised to pave way for higher demand over the coming years. Furthermore, the manufacturers are shifting and...

The global offshore lubricants market size is expected to reach USD 222.2 billion in 2030 and is anticipated to grow at a CAGR of 3.6% from 2024 to 2030. Increasing deep sea exploration is expected to remain a key driving factor for global offshore lubricants market. Stringent regulations regarding threat to aquatic life on account of unregulated disposal of marine lubricants coupled...