NextMSC, the market is expected to have a compound annual growth rate of 6.3 percent between 2022 and 2030, and reach 120.1 billion U.S. dollars in the latter year.
The global automotive lubricants market was valued at 70.2 billion U.S. dollars in 2021. According to Market value of automotive lubricants worldwide in 2020 and 2021, with a forecast until 2030 (in billion U.S. dollars)
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Next Move Strategy Consulting. (January 26, 2022). Market value of automotive lubricants worldwide in 2020 and 2021, with a forecast until 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 22, 2024, from https://www.statista.com/statistics/1256358/global-automotive-lubricants-market-size/
Next Move Strategy Consulting. "Market value of automotive lubricants worldwide in 2020 and 2021, with a forecast until 2030 (in billion U.S. dollars)." Chart. January 26, 2022. Statista. Accessed May 22, 2024. https://www.statista.com/statistics/1256358/global-automotive-lubricants-market-size/
Next Move Strategy Consulting. (2022). Market value of automotive lubricants worldwide in 2020 and 2021, with a forecast until 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 22, 2024. https://www.statista.com/statistics/1256358/global-automotive-lubricants-market-size/
Next Move Strategy Consulting. "Market Value of Automotive Lubricants Worldwide in 2020 and 2021, with a Forecast until 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 26 Jan 2022, https://www.statista.com/statistics/1256358/global-automotive-lubricants-market-size/
Next Move Strategy Consulting, Market value of automotive lubricants worldwide in 2020 and 2021, with a forecast until 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1256358/global-automotive-lubricants-market-size/ (last visited May 22, 2024)
Market value of automotive lubricants worldwide in 2020 and 2021, with a forecast until 2030 (in billion U.S. dollars) [Graph], Next Move Strategy Consulting, January 26, 2022. [Online]. Available: https://www.statista.com/statistics/1256358/global-automotive-lubricants-market-size/