Rising Investments Drive Global Marine Lubricants Market Expansion

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2025-01-02 14:10:23

The Global Marine Lubricants Market, valued at USD 6.5 billion in 2023, is projected to reach USD 7.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 2.07% during the forecast period from 2024 to 2032. Marine lubricants, essential for the smooth operation of maritime vessels and equipment, are in demand due to the growth of the global shipping industry, increased focus...

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