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The Lubricants and Greases market is composed of a variety of working fluids used to reduce friction and wear between two surfaces. These fluids are typically composed of a base oil, such as mineral oil, synthetic oil, or vegetable oil, and additives that provide additional properties such as viscosity, corrosion protection, and oxidation stability. The base oil is typically blended with other components such as thickeners, surfactants, and anti-wear agents to create a lubricant or grease.
The lubricants and greases market is divided into several segments, including automotive, industrial, and marine. Automotive lubricants and greases are used in a variety of applications, such as engine oils, transmission fluids, and gear oils. Industrial lubricants and greases are used in a variety of industrial applications, such as bearings, chains, and gears. Marine lubricants and greases are used in a variety of marine applications, such as outboard motors, inboard motors, and stern drives.
Some of the major companies in the lubricants and greases market include Shell, ExxonMobil, Chevron, BP, Total, Fuchs, Castrol, and Valvoline. Show Less Read more