Asia-Pacific is the largest regional market for lubricants and fuel additives. In 2023, the Asia-Pacific market reached a combined value of 6.99 billion U.S. dollars out of a global total of 19.6 billion U.S. dollars. It is expected to remain the largest regional market throughout the next decade.
More information on the lubricant and fuel additives market can be found here.
Market value of lubricants and fuel additives worldwide in 2023, with a forecast for 2031
(in billion U.S. dollars)
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Extrapolate. (February 13, 2024). Market value of lubricants and fuel additives worldwide in 2023, with a forecast for 2031 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1451040/global-lubricants-market-size-by-region-forecast/
Extrapolate. "Market value of lubricants and fuel additives worldwide in 2023, with a forecast for 2031 (in billion U.S. dollars)." Chart. February 13, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1451040/global-lubricants-market-size-by-region-forecast/
Extrapolate. (2024). Market value of lubricants and fuel additives worldwide in 2023, with a forecast for 2031 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1451040/global-lubricants-market-size-by-region-forecast/
Extrapolate. "Market Value of Lubricants and Fuel Additives Worldwide in 2023, with a Forecast for 2031 (in Billion U.S. Dollars)." Statista, Statista Inc., 13 Feb 2024, https://www.statista.com/statistics/1451040/global-lubricants-market-size-by-region-forecast/
Extrapolate, Market value of lubricants and fuel additives worldwide in 2023, with a forecast for 2031 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1451040/global-lubricants-market-size-by-region-forecast/ (last visited November 22, 2024)
Market value of lubricants and fuel additives worldwide in 2023, with a forecast for 2031 (in billion U.S. dollars) [Graph], Extrapolate, February 13, 2024. [Online]. Available: https://www.statista.com/statistics/1451040/global-lubricants-market-size-by-region-forecast/
