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The Functional Fluids market is composed of lubricants and greases, which are used to reduce friction and wear between two surfaces in contact. Lubricants are typically composed of base oils, additives, and thickeners, and are used to reduce friction and wear in a variety of applications, including automotive, industrial, and marine. Greases are composed of base oils, thickeners, and additives, and are used to reduce friction and wear in applications such as bearings, gears, and other moving parts. Both lubricants and greases are used to reduce wear and tear on machinery, improve efficiency, and reduce maintenance costs.
Notable companies in the Functional Fluids market include Shell, ExxonMobil, Chevron, Total, BP, Fuchs, Castrol, and Valvoline. Show Less Read more