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Global Marine Lubricants Market 2023

https://www.bharatbook.com

The global Marine Lubricants Market is estimated to be USD 5.98 billion in 2018 and is projected to reach USD 6.66 billion by 2023, at a CAGR of 2.17% from 2018 to 2023. The growth of the market is driven by the emerging alternative technology trends. Also, rising infrastructure developments (port infrastructure) to strengthen the shipping industry globally are fueling trade activities, leading to the growth of marine lubricants market. However, fewer trade activities and the rising number of idle ships are restraining the market’s growth.

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Created by aadolfst01 2 years 11 weeks ago – Made popular 2 years 11 weeks ago
Category: Business   Tags: