Agricultural Lubricants Market worth 2.48 Billion USD by 2022 Agricultural Lubricants Market Global Industry Res | Page 2

Agricultural Lubricants Market Global Industry worth 2.48 Billion USD by 2022 • The global Agricultural Lubricants Market is projected to grow from an estimated USD 1.96 Billion in 2017 to USD 2.48 Billion by 2022, at a CAGR of 4.8% from 2017 to 2022. • Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=262710114 • Key players operating in the agricultural lubricants market include Chevron (US), ExxonMobil (US), Fuchs Petrolub (Germany), Shell (The Netherlands), Total (France), BP p.l.c. (UK), and Phillips 66 (US), among others. These companies focus on investing in capacity expansions of plants to achieve growth in the agricultural lubricants market. • Governments of various countries grant support to farmers by providing subsidized agricultural equipment. Regional governments are encouraging farmers to adopt modern farming practices by providing guidance and monetary support at different levels to increase food production. This is a major driver of the agricultural lubricants market. Also, increasing mechanization in the agricultural industry is leading to the high demand for agricultural lubricants. Call Now [phone] Email Sales : [email protected]