Global Wire Drawing Lubricants market will reach 305.04 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/19

Applications of wire drawing lubricants are anticipated to create new business segments in the market. Wire drawing lubricants are used in a broad range of carbon steel wire. The companies are focusing on launching products in newer regions. Wire drawing lubricants play an essential role in maintaining good surface finish and long die life. Manufacturers are exploring the potential of wire drawing lubricants in aluminum and alloy wires.

According to a new research report published by QY Research, the global wire drawing lubricants market was worth US$257.43 mn in 2018 and is expected to be worth US$305.04 mn by the end 2025. The market is expected to surge at a CAGR of 2.87% between the forecast years of 2018 to 2025.

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https://www.qyresearch.com/index/detail/779866/global-wire-drawing-lubricants-market
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