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Global construction lubricants market size is expected to reach $18 Bn by 2028 at a rate of 6.6%, segmented as by basis type, hydraulic fluid, engine oil, gear oil, automatic transmission fluid (atf), grease, compressor oil<br>
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Construction Lubricants Market Report 2024 Market Size, Trends and Global Forecast 2024-2033 © The Business Research Company. All Rights Reserved.
Construction Lubricants Segments The Business Research Company segments it’s Construction Lubricants report as: Hydraulic Fluid, Engine Oil, Gear Oil, Automatic Transmission Fluid (ATF), Grease, Compressor Oil By Basis Type Synthetic Oil, Mineral Oil By Base Oil Earthmoving Equipment, Material Handling Equipment, Heavy Construction Vehicles, Other Applications By Application © The Business Research Company. All Rights Reserved.
Market Statistics The construction lubricants market size has grown strongly in recent years. It will grow from $12.97 billion in 2023 to $13.95 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The construction lubricants market size is expected to see strong growth in the next few years. It will grow to $18 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. Global Construction Lubricants Size Forecast To 2033 18 13.95 12.97 2023 2024 2028 Click Here To Get A Sample Report © The Business Research Company. All Rights Reserved.
Key Market Drivers And Trends Drivers A rise in construction and mining activities is significantly contributing to the growth of the construction lubricants market. Trends The development of zinc-free (ashless) lubricants is a key trend in the construction lubricants industry. Region Europe was the largest region in the construction lubrication market in 2023. The regions covered in the construction lubricants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa © The Business Research Company. All Rights Reserved.
Key Market Players Major players in the Construction Lubricants are: ▪ ExxonMobil Corporation ▪ Royal Dutch Shell plc ▪ TotalEnergies SE ▪ China Petrochemical Corporation (Sinopec) ▪ Chevron Corporation ▪ And more. Get More Information On The Construction Lubricants Report © The Business Research Company. All Rights Reserved.
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