Frequently Asked Questions
The market is segmented based on , By Product (Silicones, PAO, Esters, PAG, Group 3, Phosphate Ester, Polyolester, Biolubes, Di-Basic Acid Ester, Others), Application (Engine Oil, Hydraulic Fluids, Compressor Oil, Gear Oil, Greases, Refrigeration Oil, Transmission Fluids and Hydraulic Fluids, Turbine Oil, HTF, Metalworking Fluids, Process Oil, Marine Lubricants, General Industrial Oils, Others), End-Use Industry (Construction, Mining, Metal Production, Cement Production, Power Generation, Automotive Manufacturing, Chemical, Marine, Oil and Gas, Food Processing, Textile, Others) - Industry Trends and Forecast to 2023 to 2030.
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The Global Synthetic Lubricants Market size was valued at USD 36.52 USD Billion in 2021.
The Global Synthetic Lubricants Market is projected to grow at a CAGR of 3.7% during the forecast period of 2022 to 2029.
The major players operating in the market include Exxon Mobil Corporation, Calumet Branded Products LLC, AMSOIL , RED LINE OOL, CASTROL LIMITED, Valvoline Global Operations, PENNZOIL, Quaker State, PetroCanada Lubricants , FUCHS.
The market report covers data from the U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia and New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, Egypt, Israel, South Africa, and Rest Of Middle East and Africa.
