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Transparency Market Research published new market report "Technology Trends in Lubricants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018"Synthetic and bio-based lubricants are the major emerging lubricant products. This study highlights and explores key technology trends of synthetic, bio-based and mineral lubricants across a wide range of applications including turbine oil, compressor oil, gear oil, hydraulic oil, heat transfer fluids and bearing oil lubricants.Some of the major qualities that differentiate between lubricants include viscosity index, water separation characteristics, thermal and oxidation stability, low volatility and low carbon formation, and anticorrosion.The global lubricant market was worth USD 44.0 billion in 2011 and is expected to grow at a CAGR of 5.5% from 2012 to 2018. The global lubricant consumption was 35,605.6 kilo tons in 2011 and is expected to reach 42,304.7 kilo tons in 2018, growing at a CAGR of 2.5% from 2012 to 2018.
Browse the report With Full TOC at http://www.transparencymarketresearch.com/technology-trends-lubricants-market.html