COVID 19 Impact on Global Construction lubricants market
COVID 19 wreaked havoc on the world economy in 2020. Every sector has been altered by the COVID 19 pandemic. The pandemic had spread to nearly every market, and some countries had experienced significant obstacles in containing the disease's spread. Flight bans and lockdown restrictions had a significant impact on the construction lubricants business. During these difficult times, disruptions in the supply chain and production units slowed the growth rate of every market. However, with the issuance of unlock guidelines by governments throughout the world, market shares began to expand at a double-digit rate. Market shares are expected to return to normal by the end of 2021.
Leave a comment