By Michelle Froese A new report, Opportunities in Lubricants: North American Market Analysis (Industrial Oils and Fluids), by global market research and management consulting firm Kline, shows that overall U.S. consumption of industrial oils and fluids is an estimated 1,200 to 1,300 million gallon industry.
General industrial oils, which include products such as hydraulic fluids and turbine ranked second in consumption with almost one-fourth of the consumption.
Process oil is the leading product category, accounting for slightly less than half of the market. General industrial oils, which include products such as hydraulic fluids, turbine, and circulating oils, as well as compressor and and gear oils,
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