Global Industrial Lubricant Market - Exxon Mobil, Chevron, KMG Chemicals, Shell, Total, BP, Fuchs Lubricants, BASF, Eni S.p.A.
Industrial lubricants are defined as the fluid used to lessen the wear and tear of materials and also to reduce friction. Industrial lubricants can be either water based or petroleum based. Their primary function is to avoid metal to metal contact amongst the tools or finished components. Industrial lubricants exhibit good corrosion protection properties, excellent demulsibility and help extend the equipment life.
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