In 2022 synthetic greases became mainstream

Synthetic grease in the custom refers to the base oil is synthetic lubricating oil or thickening agent, with non-traditional soap type of organic thickening agent made of grease. Global synthetic lubricant production is estimated to reach 136,104T/A by 2022 and continue to grow at a rate of 12% annually. It is estimated that the consumption of synthetic lubricants will maintain the momentum of 122% from 2016 to 2022.

The high performance of synthetic lubricants has been verified by military technology all over the world, and has been fully displayed in the process of military relocation, so synthetic lubricants are synonymous with high performance lubricants for people. In North America, there has been a debate over the definition of synthetic oil. The focus has been on whether non-traditional base oils (APV-type oils) that have undergone hydrocracking and wax isomerization should be classified as synthetic oils.

Synthetic grease is not only a new material necessary for modern machinery, but also a powerful means to reduce friction and save energy. It is a simple method to reduce consumption of varieties, an effective measure to extend lubrication cycle and equipment life, a green product to ensure safety and reduce pollution, and a key technology to improve economic benefits. Synthetic lubricants will develop into the mainstream of lubricants in the 21st century.