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Lubricants Market Revenue Worth $115,350.6 Million by 2030, Globally: P&S Intelligence NEW YORK, March 9, 2021 /PRNewswire/ From 66 million in 2005, worldwide vehicle sales jumped to 91 million in 2019, as per Organisation Internationale des Constructeurs d Automobiles (OICA). Due to the expanding automotive industry, the global lubricants market is predicted to grow from $95,403.9 million in 2019 to $115,350.6 million by 2030, witnessing a 2.3% CAGR between 2020 and 2030, according to the market research report published by P&S Intelligence. The automotive sector is one of the biggest end users in the lubricants market, as such fluids find widespread application in automobiles. The crankcases of engines are widely lubed in order to reduce friction between components that are in contact. This not only reduces wear and tear, but also keeps the vehicle running smoothly and with the optimum mileage. With people s rising disposable income and strict norms regarding vehicular emission

India generalUnited statesPetroliam nasional berhadPrajneesh kumarKostenloser wertpapierhandelGazprom neftHoldings incPetrofer chemiehr fischer gmbh coLubricants market researchAmsoil incIndustrial oilOrganisation internationale des constructeursChina petroleum chemical corporation sinopecProduct type engine oilIdemitsu kosan coIndian oil corporation