Zinc Dithiophosphate Market Insights: Key Forecasts, CAGR 4.9%, and Strategic Moves by Top Manufacturers
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Global Zinc Dithiophosphate market continues to demonstrate steady growth, with its valuation reaching USD 167 million in 2024 . According to industry analysis, the market is projected to grow at a CAGR of 4.9%, reaching approximately USD 234 million by 2032 . This growth is primarily driven by rising demand from the automotive and industrial sectors, particularly in developing economies that are experiencing rapid industrialization. Zinc Dithiophosphate serves as a critical anti-wear and extreme pressure additive in lubricants and metalworking fluids. Its unique properties make it indispensable for engine oils, hydraulic fluids, and industrial greases, especially in high-stress mechanical applications. As manufacturers increasingly focus on enhancing equipment longevity, the demand for high-performance lubricant additives continues to grow. Sample Now Available – Discover the Quality of Our Research: https://www.24chemicalresearch.com/download-sample/296834/global-zinc-dithiophospha...