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F&L Asia Limited Cite QY Research The Global Lubricant Market 2024

According to QY Research, the global ester-based lubricants market is expected to grow at a compound annual growth rate (CAGR) of approximately 5.5% from 2023 to 2030. Asia, with its robust automotive and industrial sectors, is poised to become the largest market for ester lubricants. 

Source: F and L Asia Limited
More :https://www.fuelsandlubes.com/fli-article/ev-boom-and-sustainability-focus-fueling-ester-market-expansion/
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