Synthetic lubricants are the second-largest base oil type in the lubricants market because they perform better than traditional mineral oils, especially under extreme conditions. They last longer ...

Additionally, the environmental impact of traditional mineral oil-based lubricants and the need for specialized formulations to avoid microbial growth create ongoing challenges for industry players.

The report "Lubricants Market By Base Oil Type (Mineral Oil Lubricant, Synthetic Lubricants, Bio-based Lubricants), Product Type (Engine ...