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Grease Industry Outlook: The Effect of Electric Vehicles on Base Oil Selection

by Jim Donohue | Mar 15, 2024 | Product Applications

In 2022 the grease industry’s international value was estimated at $3.7 billion, and by 2029 this number is expected to reach $4.7 billion.  This tracks closely with the projected increase in volume, especially in the Asia-Pacific region, from 2.62 billion liters in...

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