ReportLinker Segmented By Vehicle Type (Two Wheeler, PC, LCV, MHCV), By Demand Category (OEM & Aftermarket), By Product Type (Engine Oil, Transmission Oil, Hydraullic Oil, Grease), By Region. Global automotive lubricants market was valued at USD 159.17 billion in 2021, and is expected to reach USD 231.03 billion by the end of 2027, registering a CAGR of 6.68%. New York, Feb. 21, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report "Automotive Lubricant Market- Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2017-2027" – https://www.reportlinker.com/p06421131/?utm_source=GNW Rapid advancement in lubrication technologies and upsurge in demand of automobiles are driving the growth of the global automotive lubricant market in the forecast years. Lubricating oil is used to lessen wear, heat, and friction between mechanical components that are in contact with one another.It is also referenced to as lubricant or lube. In automobiles, lubricating oil is used and is also referred to as motor oil and transmission fluid.Mineral and synthetic oils fall into the two main groups of lubricating oil. Mineral oils are lubricating oils that have been processed from crude oil that is found naturally.Lubricating oils made in factories are known as synthetic oils. Because it is cheap […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
