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The lubricants and greases market is a large and diverse industry, encompassing a wide range of products used in a variety of applications. Lubricants are used to reduce friction and wear between two surfaces, while greases are used to provide a protective coating and reduce wear. Lubricants and greases are used in a variety of industries, including automotive, industrial, marine, and aviation.
Lubricants and greases are typically composed of base oils, additives, and thickeners. Base oils are typically derived from petroleum, while additives are used to improve the performance of the lubricant or grease. Thickeners are used to increase the viscosity of the lubricant or grease, allowing it to remain in place and provide better protection.
The lubricants and greases market is highly competitive, with a number of major players operating in the space. Some of the leading companies in the market include ExxonMobil, Shell, BP, Chevron, Total, and Fuchs. Show Less Read more