Grease vs. Oil: Understanding the Advantages and Applications The global grease market size is projected to reach USD 6.9 billion by 2027 from USD 5.8 billion in 2022, growing at a CAGR of 3.6% in terms of value during the forecast period. Grease is used as a lubricant to reduce friction between moving parts, protect against wear and tear, and prevent rust and corrosion. It is used in various industries such as automotive, construction, food and...
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