Synthetic Lubricants Market 2023 Industry Size, Key Vendors, Growth Drivers, Opportunity, Forecast T

February 20, 2023 ⚊ 1 Min read ⚊ Views 55 ⚊ BUSINESS

Synthetic lubricants are petroleum-derived lubricants that offer better performance at higher temperatures. While the base source for synthetic lubricants is still crude oil, they can be synthesized from chemically modified petroleum components as well. The growing demand for lubricants that provide effective lubrication at high temperatures has been the major driver for the global synthetic lubricant market over the historical review period.

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Tags: Synthetic Lubricants Market

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