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Lubricant market delivering smooth growth
Continuous industrialisation and growing manufacturing sector are driving the consumption of lubricants in industrial applications. In India, demand for industrial engine oils is accelerating as there is a rising concern about the upkeep of machinery for delivering better quality output. Read more
Heavy machines are driving demand for industrial lubricants
The global market is segmented by product type — general industrial oil & grease, transmission and hydraulic fluid, metalworking fluid, gear oil, etc., as well as end user industry like heavy equipment, food and beverages, automotive, steel, and such. The global metal cutting, and machine tool accessories market is growing.Read more
Machine tool industry is considered the mother of all industry sectors: AP Pandey
New emerging sectors such as defence and aerospace, consumer durable, green investment in auto sectors are likely to bolster the demand for metal cutting machines, explains AP Pandey, Managing Director, Brugarolas IndiaRead more
