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Lubricant Filtration Market Poised for 6.4% CAGR Growth, Driven by Industrial Automation and Maintenance Efficiency
According to DataM Intelligence,the global Lubricant Filtration Market was valued at approximately US$ 33.5 billion in 2023 and is projected to reach about US$ 54.5 billion by 2031, growing at a CAGR of 6.4% from 2024 to 2031. The market growth is driven by escalating demand for clean lubricants to support equipment performance, minimize wear and tear, reduce maintenance costs, and boost...
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