Contact Lubricants Market Outlook: Forecast to 2032
Global Contact Lubricants Market Set for Significant Growth, Driven by Increasing Industrial Applications and Technological Advancements
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The global contact lubricants market is expected to rise from USD 1.5 billion in 2023 to USD 2.3 billion by 2032, with a CAGR of 4.9%. The automotive industry's growth, fueled by EVs and autonomous technologies, drives the need for sophisticated electrical lubrication.
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