According to Kline’s ‘Global Lubricants 2022: Market Analysis and Assessment’s report, India’s lubricant market will grow at a CAGR of 3% through 2027. Among the top five major lubricants-consuming countries, India is the only one with strong lubricant demand growth potential. In contrast, other markets such as the United States, China, Japan, and Russia are likely to witness a decline or slowdown in lubricant demand growth.
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New Delhi [India], May 5 (ANI/NewsVoir): In the era of strenuous economic times, a whole lot of industry leaders have stepped up their game, demonstrating exceptional courage against all odds and challenges and have triumphed in their respective fields, generating an extraordinary value for their stakeholders as well as their vendors.
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