Lubricating oils are specially formulated oils that reduce friction between moving parts and help maintain mechanical parts. Lubricating oil is a thick fatty oil used to make the parts of a machine move smoothly. The lubricants market is growing due to the growing automotive industry, increased consumer awareness and government regulations regarding lubricants. Lubricants are used in vehicles to reduce friction, which leads to a longer lifespan and reduced wear and tear on the vehicles. The growth of lubricants usage in the automotive industry is mainly due to an increasing demand for heavy duty vehicles and light passenger vehicles, and an increase in the average lifespan of the vehicles. As saving conventional resources and cutting emissions and energy have become central environmental matters, the lubricants are progressively attracting more consumer awareness. Greases are made by using oil (typically mineral oil) and mixing it with thickeners (such as lithium-based soaps). They may also contain additional lubricating particles, such as graphite, molybdenum disulfide, or polytetrafluoroethylene (PTFE, aka Teflon). White grease is made from inedible hog fat and has a low content of free fatty acids. Yellow grease is made from darker parts of the hog and may include parts used to make white grease. Brown grease contains beef and mutton fats as well as hog fats. Synthetic grease may consist of synthetic oils containing standard soaps or may be a mixture of synthetic thickeners, or bases, in petroleum oils. Silicones are greases in which both the base and the oil are synthetic. Asia-Pacific represents the largest and the fastest growing market, with volume sales projected to grow at a CAGR of 5% over the analysis period. Automotive lubricants represents the largest product market, with engine oils generating a major chunk of the revenues.