[Market Report] Global Market for Bicycle Chain Lubricants
The global market for bicycle chain lubricants is nearly doubling, reaching 226 million dollars by 2031.
The global bicycle chain lubricant market, which recorded sales of 108.3 million USD in 2022, is projected to reach approximately 226 million USD by 2031, demonstrating robust growth. This growth is progressing at a compound annual growth rate (CAGR) of 7.2% from 2023 to 2031, highlighting the increasing importance of bicycle maintenance within the growing cycling community. Bicycle chain lubricants, composed of specially formulated greases and oils, play a crucial role in ensuring optimal performance and longevity of bicycle chains. These lubricants are designed to reduce friction between the metal components of the chain, such as pins, side plates, and rollers. By minimizing wear and damage, reducing noise, and maintaining smooth operation of the chain, these lubricants are essential for everyone from casual cyclists to professional riders. For application methods, please check the [PDF download] button or apply directly through the related links.
- Company:Panorama Data Insights Ltd.
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