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(I-TravelNewswire.Com, February 09, 2018 ) The major factor that projects the growth of the Indian lubricant market is the growing demand from the automotive industry. The growth of the market is decreasing due to the high cost of synthetic and bio-based lubricants.
A lubricant is a substance which is used to reduce friction between the surfaces. Lubricants are used for many other purposes like cooking oils and fats in frying pans and also used for industrial applications. Good lubricants possess the various characteristics like high boiling point, low freezing point, high resistance to oxidation, corrosion prevention, high viscosity index, Thermal Stability, Hydraulic stability, and Demulsibility.
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India Lubricant Market Top Players
Apar Industries Ltd
Bharat Petroleum Corporation Limited
Balmer Lawrie & Co. Ltd
Continental Petroleums Limited
GP Petrolemus Ltd
Exxon Mobil Corporation
Hardcastle Petrofer Pvt Ltd
Indian Oil Corporation Ltd
Idemitsu Kosan Co. Ltd
Panama Petrochem Ltd
Global Refrigeration Lubricant Market: https://www.envisioninteligence.com/industry-report/global-refrigeration-lubricant-market/
Global Speciality Chemical Market: https://www.envisioninteligence.com/industry-report/global-speciality-chemical-market/
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