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NEW YORK, April 14, 2021 /PRNewswire/ --
The food grade lubricants market is expected to grow by USD 40.80 million during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the food grade lubricants market in optimistic, probable, and pessimistic forecast scenarios.
Technavio has announced its latest market research report titled Food Grade Lubricants Market by Product and Geography - Forecast and Analysis 2021-2025
Enterprises will go through the Response, Recovery, and Renew phases.
The food grade lubricants market will witness a negative impact during the forecast period, owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

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