AIRCRAFT LUBRICANT MARKET ANALYSIS

Name: Aircraft Lubricant Market News
Creator: Coherent Market Insights
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Aircraft Lubricant Market, by Product Type (Gas Turbine Oil, Piston Oil, Hydraulic Fluids, and Airframe & Wheel Bearing Greases), by Grade (Monograde and Multigrade), by End User (Passenger Aircraft and Military Aircraft), and by Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Key Developments:

In August 2019, Phillips 66 Lubricants launched a new aviation oil - “Victory AW 20W-50” which has a pre-blended with Lycoming anti-wear additive for better engine performance. The new oil provides cooler operating temperatures along with reduced warm-up time. The new product launch will help the company to offer more lubricating oil options from its current portfolio.
In August 2017, Royal Dutch Shell Plc. announced the launch of its second generation piston engine oil – “Aeroshell Oil Sport Plus 4” in Johannesburg, South Africa. The oil offers enhanced protection and lubrication in case of light sport aircraft and very light/ultra-light aircraft four-stroke engines. The new product launched helped the company to expand its lubrication oil portfolio.
In August 2017, ExxonMobil Corporation announced that its new mobile jet oil “Mobil Jet Oil 387” has been approved by Pratt & Whitney for its two turbo-engines – “PurePower PW1100G-JM” and “PW1400G-JM Geared Turbofan”. The new synthetic oil by ExxonMobil provides excellent lubrication in the harsh operating conditions.
In August 2019, Phillips 66 Lubricants launched a new aviation oil - “Victory AW 20W-50” which has a pre-blended with Lycoming anti-wear additive for better engine performance. The new oil provides cooler operating temperatures along with reduced warm-up time. The new product launch will help the company to offer more lubricating oil options from its current portfolio.