RUST LUBRICANT MARKET ANALYSIS

Market News

Global Rust Lubricant Market- Recent Developments

New product launches

• WD-40 is a chemical company launched Specialist Long-Term Corrosion Inhibitor (2021): A long-lasting rust prevention solution designed for use on metal surfaces in harsh environments. The product offers protection against rust and corrosion for up to two years.
• Mobil SHC is a chemical company launched Grease 102 WT (2020): A high-performance synthetic grease designed for use in extreme temperatures and harsh environments. The product offers excellent rust and corrosion protection, as well as superior resistance to water washout.
• Amsoil is a chemical company launched Metal Protector (2021): A rust prevention spray designed for use on metal surfaces. The product offers long-lasting protection against rust and corrosion, as well as resistance to water and moisture.

Acquisition and Partnerships

• SKF: In 2020, SKF acquired GLOi, a company specializing in the development of lubrication systems for industrial applications. The acquisition strengthened SKF's position in the lubrication systems market and expanded its product portfolio.
• Castrol: In 2021, Castrol partnered with Mahindra & Mahindra, a leading Indian automotive manufacturer, to provide high-performance lubricants for Mahindra's vehicles. The partnership aimed to improve the performance and fuel efficiency of Mahindra's vehicles.