EVs Are Changing Lubricants: What the Electric Mobility Revolution...

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2026-08-13 08:44:20 -

EVs Are Changing Lubricants: What the Electric Mobility Revolution Means for the Market

According to a new report by Polaris Market Research, the global finished lubricants market was valued at USD 142.28 billion in 2024 and is projected to reach USD 203.08 billion by 2034, expanding at a CAGR of 3.7% over the forecast period. Growth is underpinned by rising vehicle ownership rates, rapid industrialization across developed and emerging economies, and stringent...

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