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North America & Europe Forestry Lubricants Market Size
- Report ID: GMI5220
- Published Date: Feb 2022
- Report Format: PDF
North America & Europe Forestry Lubricants Market Size
North America & Europe Forestry Lubricants Market size exceeded USD 2 Billion in 2020 and is estimated to grow at a CAGR of over 3% through 2027. Rising demand for lubricants with high operational efficiency and capable of operating in harsh working conditions should stimulate the overall market growth.
Forestry lubricants are lubricants which aid in the smooth operation of machinery and vehicles used in the forestry sector. They find demanding applications in different end-use industries including wood working, paper & paperboard, pulp mills, sawmills, and biomass pellet mills, among others. These lubricants minimize friction among surfaces in direct contact and reduce heat generated during their movements.
| Report Attribute | Details |
|---|---|
| Base Year: | 2020 |
| North America & Europe Forestry Lubricants Market Size in 2020: | 2.1 Billion (USD) |
| Forecast Period: | 2021 to 2027 |
| Forecast Period 2021 to 2027 CAGR: | 3% |
| 2027 Value Projection: | 2.8 Billion (USD) |
| Historical Data for: | 2016 to 2019 |
| No. of Pages: | 275 |
| Tables, Charts & Figures: | 228 |
| Segments covered: | Product, Application, End-use |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
North America & Europe Forestry Lubricants Market Scope
