Finished Lubricant Industry Analysis Market Is Expected to Rise at a Remarkable CAGR by 2020
The key role of a lubricant is to reduce the friction between the two surfaces. Lubricants are attracting public awareness in recent times owing to the central environmental matters such as cutting emission and saving energy. According to a research, 0.4 % of the gross domestic product can be easily saved for energy purposes in Western industrialized countries if proper knowledge related to lubrication, friction and wear, was applied to lubricated processes.
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