Global lubricant packaging market is projected to register a moderate growth during the forecast period 2017 to 2025, according to a new report by Future Market Insights (FMI). Global sales of lubricant packaging will account for 10,529 Mn units in 2017; by 2025 this number is estimated to reach nearly 15,000 Mn units. Differentiation strategy adopted by Lubricant packaging suppliers is expected to result into introduction of sustainable lubricant packaging products at competitive prices. This will further lead toward increasing applications of lubricant packaging, particularly in power generation and automotive sectors.
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