Everything You Know About The Oil and Gas Lubricants
Oil is a viscous liquid which is derived from petroleum and is used as a fuel or a lubricant. Gas is one amongst the four states of matters. The molecules inside a gas move freely and are independent of each other. A lubricant is a substance which helps in reducing the friction between the surfaces that are in mutual contact. Oil and gas lubricants play a prominent role in preventing downtime in oil and gas exploration, operating in remote areas. Even an hour downtime can turn out to be an expensive affair, and that is where the need for oil and gas lubricants arises. All parts of machines in any equipment needs timely lubrication to function optimally.
The advantage of cost-effectiveness and ease of application of oil & gas lubricants instead of employing technology for removing water, particulate matter and other contaminants, drives the growth of the oil and gas lubricants market. Other benefits proffered by oil & gas lubricants such as reduced friction, protection from wear, long seal life, oil and water separation, reduced operating temperatures, etc. also drives the growth of the market.
However, oil & gas lubricants
are dirty, smelly, especially after being used for a relatively long period of
time, and this restricts the fruitful development of the oil and gas lubricants
market. Incrementing pipeline network for oil & gas together with an
increased number of petrochemical and refinery projects are factors that will
stimulate the growth of oil and gas lubricants market in the near future.
List Of Players
- BP Lubricants Pvt. Ltd.
- Chevron Lubricants India Pvt Ltd
- Exxon Mobil Corporation
- Klüber Lubrication
- Lubrication Engineers, Inc.
- Ningxia Xibei Bearing Co., Ltd.
- NSK Oil and Gas Ltd.
- Royal Dutch Shell plc.
- SK Lubricants Co., Ltd.
- Total SA

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