globenewswire14d ago
Driven by rising demand across automotive, industrial, marine, and aerospace sectors, the shift toward electric vehicles and e-fluids, surging adoption of high-performance synthetic and polymer-enhanced lubricants, continued dominance of mineral oil products for fleets and industrial applications, and Asia Pacific’s leadership backed by rapid urbanization, strong automotive and manufacturing industries, and robust production and supply chain infrastructure. Driven by rising demand across automotive, industrial, marine, and aerospace sectors, the shift toward electric vehicles and e-fluids, surging adoption of high-performance synthetic and polymer-enhanced lubricants, continued dominance of mineral oil products for fleets and industrial applications, and Asia Pacific’s leadership backed by rapid urbanization, strong automotive and manufacturing industries, and robust production and supply chain infrastructure.