menu
Mineral Oil is the Largest type of Marine Lubricants- Know how
Mineral Oil is the Largest type of Marine Lubricants- Know how
The global marine lubricants market is estimated to be valued at US$ 11,185.6 million in 2021 and is expected to exhibit a CAGR of 6.1% over the forecast period (2021-2028).

Because of their wide availability and low cost, mineral oil-based marine lubricants have the biggest market share. They're made up of naphthene, paraffins, and aromatics in a complicated combination. Mineral oils contain a broad range of qualities that may be modified depending on the product type due to their complex composition. Mineral oil-based Marine Lubricants are thus favoured over their petroleum-based competitors.

Mineral oil-based lubricants are being phased out in favour of less hazardous lubricants due to strict government environmental regulations. In spite of the gradual shift from these lubricants to synthetic and bio-based ones, bulk lubricant product types such as marine 2-stroke and 4-stroke engines, propulsion units, and stern tubes will continue to utilize large volumes of mineral oil lubricants because of their low cost.

Read the complete blog- https://bit.ly/38Jbkhr