2032 Market Insights for Contact Lubricants
Global Contact Lubricants Market Set for Significant Growth, Driven by Increasing Industrial Applications and Technological Advancements
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Rising from USD 1.5 billion in 2023 to USD 2.3 billion by 2032, the contact lubricants market is set to grow at a CAGR of 4.9%. The automotive sector's evolution with the rise of EVs and autonomous technologies increases the demand for sophisticated lubrication solutions.