SCOTTSDALE, Ariz., March 29, 2011 (GLOBE NEWSWIRE) -- Global lubricant demand is forecast to reach 40.5 million metric tons in 2012. Gains will be strongest in the Asia/Pacific, Africa/Mideast and Latin American regions due to ongoing rapid industrialization and rising car ownership rates. The global lubricant market is estimated at $48.8 billion
Global Lubricant Demand Is Forecast To Reach $48.8 Billion In 2012
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