The Synthetic Lubricants Market is likely to grow at a significant CAGR of 3.0%, in the long run, to reach US$ 37.3 billion in 2028.
Asia-Pacific is expected to remain the largest market for Synthetic Lubricants during the forecast period. Due to its higher automobile sales and production than other areas, increasing population density, and rapid industrialization, Asia-Pacific has an important share of the market for synthetic lubricants.