Fire Resistant Lubricants Market worth $3.7 billion by 2027 Globally, at a CAGR of 3.4% says MarketsandMarkets™
Chicago, Sept. 26, 2023 (GLOBE NEWSWIRE) -- The Global Fire Resistant Lubricants Market size is projected to reach USD 3.7 Billion by 2027 from USD 3.1 billion in 2022, growing at a CAGR of 3.4 % in terms of value during the forecast period, as per the recent study by MarketsandMarkets™. The growth is largely driven by high demand from metal processing, mining, marine, aviation, and construction industries. The rising demand for manufacturing steel, aluminum, and other metals in developing regio