Automotive Lubricant Market to Record Nearly US$ 114 Bn by 2026-End
The global automotive industry is witnessing impressive growth with the recent developments in the transportation sector and rise in consumer income. As lubricants play a vital role in reducing friction between different moving parts of automobiles and improving the average vehicle age. Owing to beneficial physical properties such as high viscosity index, low freezing point, and thermal stability, lubricants have become an integral part of the automotive transition fluids. Demand for lubricants is increasing with its widening range of applications...
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