/PRNewswire/ The global industrial oil market is projected to reach a value of US$ 115,780.3 Mn by the end of 2032, likely to surge at a vigorous 4.1% CAGR.
The primary role of engine oil is to lubricate the engine parts to minimize friction and overheating. It also performs a variety of secondary functions. .
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Increasing demand for high-performance lubricants and rising investments by prominent market players are driving automotive lubricants market revenue growth
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