Industrial lubricants are special fluids used to reduce friction and wear between two surfaces in contact with each other, such as the mating moving parts of an engine or a machine. They help reduce energy losses, improve machine efficiency, and extend equipment life. Commonly used #industriallubricants include mineral oils and synthetic fluids, greases, and waxes. Industrial lubricants are widely used in a variety of industries, including automotive, aerospace, power generation, food processing, manufacturing, and metalworking. The demand for industrial lubricants is driven by the increasing use of machinery and equipment in various industrial processes, as well as the need to improve operational efficiency, reduce energy losses, and extend equipment life. Growing demand from the automotive and aerospace sectors is also driving the market. Additionally, the introduction of new lubricant technologies such as nanofluids and biobased lubricants is expected to further fuel the demand for industrial #lubricants. https://www.marketsandmarkets.com/Market-Reports/industrial-lubricants-market-84594070.html