Fire Resistant Lubricants Market worth 37 billion by 2027 Exclusive Report by MarketsandMarkets

CHICAGO, April 3, 2023 /PRNewswire/ — The report “Fire Resistant Lubricants Market by Type (HFA, HFB, HFC, HFDU, HFDR), End-Use Industry (Metal Processing, Mining, Power Generation, Aerospace, Marine, Construction, Others), Region (Asia Pacific, North America, Europe, South America) – Global Forecast to 2027”, size is projected to reach USD 3.7 billion by 2027 from USD 3.1 billion in 2022, growing at a CAGR of 3.4 % in terms of value during the forecast period. In order to avoid the fire hazards caused by metal-on-metal contact between the surfaces of moving parts, fire resistant lubricants offer protection. Although the surface of…