Kline estimates industrial oils and grease market to recover by 2024
Photo courtesy of Adnoc The global general industrial oils (GIOs) and lubricating grease market was growing slowly at a 0.2% CAGR (compound annual growth rate) from 2014 to 2019. But with the arrival of the Covid-19 pandemic, the market has been driven from low to negative growth, with some industries not likely to fully recover…