What Is The Use Of Lubricants? What Are Their Types?
Lubricants are used to control or reduce friction
between two bodies in relative motion to prevent heat generation and wear of
surfaces in contact. In industries, lubricants improve the efficiency of
machine by eliminating any residues collected on mechanical parts and by
increasing their shelf-life of the mechanical parts. Lubricants possess thermal
stability, high viscosity index, low freezing point and corrosion-prevention properties.
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| Lubricants |
The lubricants market is
anticipated to grow in the forecast period owing to increasing automotive
industry and massive industrial growth in Asia-Pacific. Lubricating oils are
being increasingly used across several industrial applications as well in areas
such as air compressors, auxiliary equipment, bearings, food machinery, gas
engines, hydraulics, heat transfer systems, paper machines, turbines,
metalworking, and natural gas compressors which further propel the growth of
the lubricants market. The industrial growth in the Middle East & Africa is
likely to showcase opportunities for the untapped markets. However, the high
price of synthetic and bio-based lubricants may restrict the growth of the
market over the projected period.
Key
Players of lubricants are AMSOIL
INC,Chevron Corporation,Exxon Mobil Corporation,FUCHS,Idemitsu Kosan Co
Ltd,Lukoil,Petrobras,Phillips 66 Lubricants,Royal Dutch Shell,Valvoline LLC.
Types
of lubricants
Engine Oil
Transmission And Hydraulic Fluids
Metalworking Fluids
General Industrial Oils
Gear Oil
Greases
Process Oils
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