Robotics Lubricants Market Size Expected to Surpass $14.25
From GlobeNewswire: 2025-06-02 08:16:00
The global robotics lubricants market is experiencing significant growth due to increased robot use in automotive automation. The market is projected to reach US$ 14.25 billion by 2031 with a CAGR of 11.0%. The automotive industry’s demand for robotics lubricants is driving market growth, especially in the Asia Pacific region.
Robotics lubricants play a vital role in various industries, such as automotive, electrical, food & beverages, and more. The market is segmented by product type, base oil, application, and end-use industry, with grease being the largest segment in 2024. Automotive industry accounted for the largest market share in 2024.
Major players in the robotics lubricants market include Miller-Stephenson Inc, Shell plc, Fuchs Petrolub SE, and BP Plc. These companies engage in collaborations, mergers, and acquisitions to strengthen their market position. The report provides valuable insights for stakeholders navigating the evolving market landscape.
The growth of end-use industries like automotive and manufacturing is fueling the demand for robotics lubricants, which enhance productivity, precision, and safety in various applications. Robots help reduce labor costs and increase operational efficiency, making them crucial in industrial settings. The report offers insights for raw material suppliers, manufacturers, and end-use industries.
For more information on the latest robotics lubricants market trends, visit the link provided. The report from The Insight Partners offers comprehensive insights into the market landscape and opportunities for stakeholders. Contact Ankit Mathur at [email protected] or +1-646-491-9876 for further information.
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