The Marine Lubricants Market is estimated to reach USD 6.4 billion in 2023 and is forecasted to grow to USD 7.28 billion by 2031, reflecting a compound annual growth rate (CAGR) of 1.6% from 2024 to 2031. This growth is fueled by rising global maritime trade, technological advancements in lubricant formulations, and increasing regulatory pressures for environmentally sustainable options. The...
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