Aluminium Alloy Die Casting to Generate Significant Sales in Automotive Die Casting Lubricants: Persistence Market Research
NEW YORK, Aug. 16, 2021 /PRNewswire/ — The global automotive die casting lubricants market is expected to expand at a steady CAGR of over 4% during the forecast period of 2021-2031.
Growth in production of automobiles across Asia Pacific, Europe, and North America is projected to drive demand for automotive die casting lubricants. Countries in Asia Pacific such as China, India, and ASEAN, among others, are expected to focus on supporting domestic lubricant manufacturing to serve local markets.
Due to increasing environmental regulations on vehicle emissions by various regulatory bodies such as