Dublin, April 02, 2025 (GLOBE NEWSWIRE) -- The "Construction Lubricants Market Report 2025" has been added to ResearchAndMarkets.com's offering.
The construction lubricants market size has grown strongly in recent years. It will grow from $13.85 billion in 2024 to $14.9 billion in 2025 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to infrastructure boom, urbanization trends, industrialization, global economic growth.
This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Key Companies Profiled: ExxonMobil Corporation; Royal Dutch Shell plc; TotalEnergies SE; China Petrochemical Corporation (Sinopec); Chevron Corporation
The construction lubricants market size is expected to see strong growth in the next few years. It will grow to $18.82 billion in 2029 at a compound annual growth rate (CAGR) of 6%. The growth in the forecast period can be attributed to smart construction practices, sustainable construction, digitalization in construction equipment, emerging markets. Major trends in the forecast period include green lubricants, customized formulations, collaborations and partnerships, rise of synthetic lubricants, market expansion in Asia-pacific.
see & read more on
https://www.globenewswire.com/news-release/2025/04/02/3053991/28124/en/14-9-Billion-Construction-Lubricants-Market-Report-2025-Analysis-and-Forecast-Through-2019-2034-Featuring-ExxonMobil-Royal-Dutch-Shell-TotalEnergies-China-Petrochemical-Sinopec-Che.html |