COVID-19 Impact on Lubricants Market Leaders
The global lubricants market size is projected to decrease in 2020 from 2019,at a negative growth of 0.95%, in terms of value. COVID-19 has negative impacts on industrial production and vehicles on road, which is expected to decrease the demand for lubricants in 2020. The demand in countries such as China, India, Japan,and the US is expected to decline from both the transport and the industrial sectors....