Industrial Lubricants aren’t something that we pay much attention to, but it is unquestionably crucial to the functioning of any machine. Without it, many moving parts would not function. In simple words, an industrial lubricant is any grease, oil or fluid designed to lessen friction or wear and tear between moving parts.
The global industrial lubricant market is forever evolving but also growing. In fact, by 2025 the global industrial lubricants market size looks to reach USD 71.73 billion.
Massive Demand for Industrial Lubricants
It makes sense because these industrial lubricants are needed to minimize friction between components which results in wear and tear. It is this high consumption of industrial oils that generate such revenue which attributes to this massive growth.
High consumption of general industrial oils generates significant revenue which attributes to the growth of the industrial lubricants market. Industries such as mining and chemicals are going to be witnessing huge growth, and this is going to boost product volume demand in compressors, bearings and hydraulics.
For instance, in Europe, product demand is going to grow significantly because of increasing industrial activities and modernization of industrial machinery. The manufacturers of these industrial lubricants are looking to achieve optimum growth by bringing in other strategies such as capacity expansion and product development.
Factors which Influence Selection of Lubricants
Every machine operator has to make sure that all machinery is properly lubricated if it is to work properly. The operators can’t just pour any oil in and hope for the best, as there are lubricants that are formulated to meet the demands of certain machines.
There are actually factors that influence the selection of lubricants and an important aspect for selecting the proper lubricant is the base oil viscosity. So as to select the right viscosity, lubricant suppliers have to have important information about the application such as load and environmental conditions as well as the specific type of friction.
Mystik Lubricants which started way back in 1922, develops these products which provide protection for engines working under the toughest conditions. They produce millions of gallons of finished lubricants and greases each year and their product line just goes on expanding due to the trust and confidence their customers have in them.
Lubricants for Extreme Conditions
Apart from friction reduction, the lubricant also reduces the wear of machine parts during operation. The lubricant keeps corrosion at bay, it reduces operating temperatures and also makes sure that there are no contaminants in the system. There are certain chemicals that can be added to the lubricant to make sure that machinery is able to operate in extreme temperatures and weather conditions too.
You have to choose the right industrial lubricant as they come in many formulations and if your industry wants lubricants that adhere to regulations, you have to know the lubricant’s source.