Rising Demand from the Automotive Sector to Propel Global Lubricants Market to Expand at a CAGR of 1.72% During the Forecast Period 2014 to 2020
According to a recently released research study by Transparency Market Research (TMR), the global lubricants market is estimated to grow at a CAGR of 1.72% between the years 2014 and 2020. TMR, a U.S.-based market intelligence company, mentions in its research report that the global lubricants market, which had a capacity of 39140.12 kilo tons in 2013, is expected to reach a capacity of 44165.11 kilo tons by the year 2020. The report is titled 'Technology Trends in Lubricants Market...
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