Marine Lubricants Market Size, Share, Trend, Forecast, & Industry Analysis – 2023-2028

The global marine lubricants market is estimated to grow from USD 6.2 billion in 2022 to USD 6.98 billion by 2028 at a CAGR of 1.90% during the forecast period. Marine lubricants reduce friction and heat generation between the surfaces when the surfaces move. These are also responsible for transmitting forces, transporting foreign particles, or heating or cooling the surfaces while they are moving.