Automotive Lubricants Market Gaining from Popularity for Fuel-efficient Vehicles 2024 Date: 03-27-2017 05:27 PM CET Category: Business, Economy, Finances, Banking & Insurance Press release from: Transparency Market Research-Energy Automotive lubricants are...
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Automotive Lubricants Market Gaining from Popularity for Fuel-efficient Vehicles 2024 Date: 03-27-2017 05:27 PM CET Category: Business, Economy, Finances, Banking & Insurance Press release from: Transparency Market Research-Energy Automotive lubricants are primarily used to reduce friction and inspire smooth functioning of a vehicle. They are also used for heat transfer, transmitting power, and protection against rust and corrosion. Examples of automotive lubricants are engine oil, greases, gear oil, transmission fluid, coolants, brake fluid, and bearing oil. Browse Market Research Report @ www.transparencymarketresearch.com/automotive-lubricants-... According to a recent study by Transparency Market Research (TMR), the global automotive lubricants market had opportunities worth US$55.44 bn in 2015, and estimates it reach a valuation of US$78.92 bn by the end of 2024, rising at a CAGR of 4.10% during the forecast period of 2016 to 2024. Growing number of vehicles is the key driver of t
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