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Lubricant Market in India

Lubricant market in India

Indian lubricant industry is set to reach USD 7713 million by 2016. This is due to the fact that the increase amount lubricants in automotive and industrial sector. Currently the Indian lubricants market is placed 5th in the market in terms of consumption. The lubricant market of India is growing at a good pace due to the increase use of lubricants in the automobile market followed by the other industries which like cement, defense, coal, engineering, mining, sugar and other industries. With the increase in the expenditure and use of automobiles and increase industrial activity and support from the government are some of the major factor which will result in the heavy demand of lubricants in India in coming years.

Lubricants and its use

The lubricant is a substance which is a byproduct of petroleum and helps in reducing the friction. The lubricants are heavily used in machines and automobiles to increase their life and for smooth working of the machine. Lubricant in the form of motor oil is used in automobile and in other machines to protect it from the internal combustion engines. Lubricants typically present 90 percent of oil and 10 percent of additives. Lubricants helps to reduce corrosion, improve life wear and tear of the machines. There are three types of lubricant liquid, non-liquid and dry lubricants. Each has its own importance.

Lubricants in the form of liquid

Motor oil is heavily used in cars, motorcycles, heavier vehicles which include buses, trucks and other commercial vehicles. Lubricants are very useful in creating the friction between the parts of the machines which contact with each other when the machine is being used. Due to this there is a great danger of catching a fire by the machine because of the amount of heat produced by parts of machine moving with each other. Lubricants oil helps in minimizing the direct contact between them which helps in reducing the friction as result there is less heat produced which eventually helps in protecting the engine. Motor oil is also used as a cooling agent in many activities also.

Grease lubricants

These types of lubricants are heavily used where the oil is unable to hold its position. Grease is mainly used in mach machinery which operates under extreme conditions like very high temperature, with very heavy load which reduces its speed. Under this extreme condition grease provide a thicker cushion for heavy machinery for smooth run of machine where oil is not suitable because of the thin layer and can break the machine.

Grease are also used in machines which do not run frequently and is on storage for a very longtime with grease applied on them they can protected and later can be used because grease helps in avoiding the Corrosion.

Machinery or machinery parts which is not easily accessible and where frequent lubrication is not possible. With the use of grease thick layer helps in high performance of the machinery and also increase the life of the machine. Other use of grease is it can be used in worn parts of the machine which also helps in increasing the life of the components and which later can be used.

Dry lubricants

Less interest has been shown in the use of dry lubricants as they do not provide great lubricant. Due to their physically unstable nature practical use is still of this type of lubricant is still away. But this does not mean that they are not used there are some of the limited use of the dry lubricant. They are heavily used in food industry, railway track. Open gear, ball bearing etc.

Source: http://goarticles.com/article/Lubricants-and-Future-Market-in-India/7946214/
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Lubricants and Future Market in India
Topics: Chemicals