Bio-Lubricant Market Size, Trends, Applications, and Industry Strategies
December 7, 2023 ⚊ 1 Min read ⚊ Views 36 ⚊ BUSINESSBio-lubricant is also known as bio-based lubricants or bio-lubes. They are produced from raw materials such as canola, sunflower, soybean, palm, and coconut oils. These lubricants are environment friendly, highly biodegradable, non-toxic, and safe for personnel who are handling engines and hydraulic systems.
On the basis of base oil type, the global bio-lubricant market is categorized into vegetable oil, animal fats, and others. The vegetable oil market is further categorized into edible and non-edible oil.
Tags: Demand, growth, opportunities, Trends