Global Bio Based Lubricants Market 2016: Industry Demand, Segment, Statistics and Research to 2022
Bio based lubricants are produced from environment friendly materials such as vegetable oil, synthetic esters, plants, and animals. Vegetable oil like canola oil, palm oil, castor oil, and sunflower seed oil are popularly used as raw materials for bio based lubricants. The demand for bio lubricants is increasing every year owing to their remarkable properties and environmental benefits, which include biodegradability, low toxicity, low maintenance, and their contribution in pollution control. Minimal usage of raw materials and stringent government regulations...
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