Industrial lubricants are forecast to have a global market value of 73 billion U.S. dollars by 2024. These figures include mineral oil, synthetic oil, and bio-based oil.
Market value of industrial lubricants worldwide in 2019, with a forecast for 2024
(in billion U.S. dollars)
Characteristic
Market value in billion U.S. dollars
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MarketsandMarkets. (October 1, 2019). Market value of industrial lubricants worldwide in 2019, with a forecast for 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1072090/global-industrial-lubricants-market-size/
MarketsandMarkets. "Market value of industrial lubricants worldwide in 2019, with a forecast for 2024 (in billion U.S. dollars)." Chart. October 1, 2019. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1072090/global-industrial-lubricants-market-size/
MarketsandMarkets. (2019). Market value of industrial lubricants worldwide in 2019, with a forecast for 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1072090/global-industrial-lubricants-market-size/
MarketsandMarkets. "Market Value of Industrial Lubricants Worldwide in 2019, with a Forecast for 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Oct 2019, https://www.statista.com/statistics/1072090/global-industrial-lubricants-market-size/
MarketsandMarkets, Market value of industrial lubricants worldwide in 2019, with a forecast for 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1072090/global-industrial-lubricants-market-size/ (last visited July 22, 2024)
Market value of industrial lubricants worldwide in 2019, with a forecast for 2024 (in billion U.S. dollars) [Graph], MarketsandMarkets, October 1, 2019. [Online]. Available: https://www.statista.com/statistics/1072090/global-industrial-lubricants-market-size/