General industrial oils account for the largest share of the worldwide fluids and lubricants market. In 2023, the market value of such products was estimated at 40.6 billion U.S. dollars and is expected to grow to more than 50 billion U.S. dollars by 2030.
More information on the fluids and lubricants market can be found here.
Market value of fluids and lubricants worldwide in 2023, with a forecast for 2030, by application
(in billion U.S. dollars)
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Extrapolate. (March 31, 2024). Market value of fluids and lubricants worldwide in 2023, with a forecast for 2030, by application (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1461776/global-fluids-and-lubricants-market-value-forecast-by-product/
Extrapolate. "Market value of fluids and lubricants worldwide in 2023, with a forecast for 2030, by application (in billion U.S. dollars)." Chart. March 31, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1461776/global-fluids-and-lubricants-market-value-forecast-by-product/
Extrapolate. (2024). Market value of fluids and lubricants worldwide in 2023, with a forecast for 2030, by application (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1461776/global-fluids-and-lubricants-market-value-forecast-by-product/
Extrapolate. "Market Value of Fluids and Lubricants Worldwide in 2023, with a Forecast for 2030, by Application (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Mar 2024, https://www.statista.com/statistics/1461776/global-fluids-and-lubricants-market-value-forecast-by-product/
Extrapolate, Market value of fluids and lubricants worldwide in 2023, with a forecast for 2030, by application (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1461776/global-fluids-and-lubricants-market-value-forecast-by-product/ (last visited November 22, 2024)
Market value of fluids and lubricants worldwide in 2023, with a forecast for 2030, by application (in billion U.S. dollars) [Graph], Extrapolate, March 31, 2024. [Online]. Available: https://www.statista.com/statistics/1461776/global-fluids-and-lubricants-market-value-forecast-by-product/
