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Automotive Lubricants Market - Global USD 4315.5
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Industry Analysis, Size, Share, Trends,
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Analysis, Growth and Forecast 2016 You will get Custom Report at Syndicated Report
2023
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REPORT DESCRIPTION
Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Automotive
Lubricants Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2016 - 2023” This
report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and
worldwide business sector industry structure.
Increasing passenger car count and growing commercial activities are expected to fuel the global automotive lubricants market
between 2014 and 2020. The number of passenger cars is increasing significantly in Asia Pacific which has resulted in increased
demand for automotive lubricants in the region.
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Lubricants play a vital role in reducing friction and wear & tear in automobiles. The property to reduce friction is known as
“lubricity.” A good lubricant is expected to possess different properties, namely high boiling point, high viscosity index, corrosion
prevention, thermal stability, low freezing point and high resistivity to oxidation. Proper lubricant of the automotive and its parts
increase the operating lifespan of vehicles, thereby providing higher efficiency outputs. Lubricants primarily contain 90% base
oils and 10% additives. These lubricants are predominantly...