Global Mineral-Oil-Based Lubricants Market to Grow at a CAGR of 2% During 2015-2019
Lubricants are used to reduce friction between two surfaces of equipment or components. They are usually in oil, semi-fluid, or solid state. Superior-quality lubricants have high thermal stability, high boiling point, low freezing point, and high viscosity index, which help to reduce the friction between machine parts for increased operational efficiency.
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