By TradeIndia Team in Manufacturers — 24 Jul 2022

List of Grease Manufacturers in India - Top & Best Lubricant Companies

A lubricant is anything that reduces the heat produced when two surfaces move in contact by minimising friction. It can transport foreign particles, transfer forces, and cool or heat surfaces. A property that lowers friction is lubricity. In regard to industrial uses, lubricants are used for a number of other things. Other uses include lubricants for joint replacements and bio applications on people, such as cooking. Its main purpose is to lessen resistance and facilitate easy, effective functioning. Grease is a type of lubricant which is made of oil that has been hardened with detergent or another thickening to a semifluid or hard form.

Market Profile

In 2020, the Indian greases sector was estimated to be worth over 2,610 kilotons, and over the next five years, it is expected to grow at a CAGR of over 1.5 percent. The nation's industrial sector saw the negative effects in 2020 as a consequence of the COVID-19 impact in the first part of the year. Production of automobiles has stopped, and factories have temporarily shut down due to the pandemic lockdown, which in turn affected the usage of lubricants in 2020. In the medium term, crucial factors—such as the rising usage of high-performance synthetic lubricants—are anticipated to boost grease consumption in the nation. But on the other side, it is anticipated that the car sector recession would limit the market growth. With over roughly half of every finished sector income coming from the automotive industry, the country's market was topped by this economy in 2022.

Observe These Market Trends

Semi-synthetic oil, bearing grease, mineral oil, and full synthetic oil are the three most common forms of products used for engines. This is one highly purified engine oil used in strong motorcycles. Compared to the previous two engine oil kinds, this one has a lengthier shelf life. In India, mineral oil remains the most popular kind of motor oil. Oil which is derived from petroleum-based goods is called mineral oil. It is often seen in motorcycles with smaller power, such as mopeds and motorcycles. The oil is extremely popular owing to its cheap cost & ability to defend engines even though it only persists for a brief period but is very affordable.

In India, the production of vehicles is continually rising. Among the segments most immediately impacted by the manufacture and use of two-wheelers is the engine oil industry. The two-wheeler sector mostly uses engine oil, which is a commodity in great demand. Similarly grease products such as bearing grease will obviously be necessary. To continuously preserve engines, Castrol India has released Dualock functionality having Castrol Magnatec engine oil. The mixing of two distinct protective chemicals in this product, which efficiently shields engine parts, makes it stand out from other similar products. Due to rising needs from several industries throughout the nation, engine oil usage is expected to expand over the projected period.

To Control the Market In the Automotive Industry

This nation's automotive sector contributes approximately 7.1% of GDP, while this two-wheeler sector makes up about 81% of it, thanks to the growing youthful and middle-class populace. Additionally, government programmes like the Made in India program help regional & nation-owned producers connect with customers and compete fiercely with foreign firms. Additionally, persistent economic growth and increasing incomes have caused a prolonged change in vehicle preferences from two to four wheels, which supports increased competition for consumer vehicle engine oils. Nevertheless, a persistent decline in sales, weaker business output, and higher car ownership costs have all contributed to the decline of India's automotive industry during the last year. The lockdown caused by COVID-19 has forced the shutdown of every production sector, which has had a disastrous effect on the market. The abovementioned problems are thus anticipated to have an effect on the automobile sector, which will impede the expansion of the nation's grease consumption.

Indian Oil Corporation Limited

The governmental company was ranked 212th on Fortune's Top 500 ranking of the biggest businesses in the globe in 2021. It is the biggest government oil company in the nation with a net income of $6.1 billion during 2020–21. Indian Oil has 31,648 employees as of March 31, 2021, comprising 2,775 women and 17,762 leaders and non-executives, representing 8.77 % of the overall employment. They are also among the best grease manufacturers in the world. The commercial operations of Indian Oil include the production of natural gas, oil, and petrochemicals, pipeline transportation, marketing of petroleum products, exploration refining, and the whole hydrocarbon value chain. Indian Oil has expanded into sustainable fuels and globalised downstream businesses.

Also, read: List of Lubricants Manufacturers & Suppliers in India

Bharat Petroleum Corporation Limited

The Indian government controls the oil and gas business BPCL. It is owned by the Mumbai, Maharashtra-based Department of Oil and Renewable Gas of India. It runs two significant refineries in Mumbai and Kochi. It was ranked at position 792 in Forbes' "Global 2000" as well as at position 309 in Fortune's ranking of the biggest companies on the planet in 2020 ranking in 2021. The second-largest state oil company in India is this one. Being among the best grease companies in India, their grease price is affordable too.

Private company Shell India Markets

Around 119,000 people work for the energy company known as Shell, which is owned by the Royal Dutch/Shell Group. Shell operates in more than 140 nations and has five main business divisions: upstream gas and power, chemicals, renewable energy, grease manufacturing, oil products, and exploration & development. Originally come as a trailblazing oil distribution company in 1928 via Burmah Shell. Shell has a long legacy in India and generated over 201 billion U.S. dollars in sales in 2003. (India). To oversee the expansion of activities in the fields of natural gas, petrochemicals, renewable energy, and oil, Shell founded Shell India Private Limited in 1996. With pledged investments of over US$ 850 million across numerous industries, Shell is among India's top FDI companies.

Gulf Lubricants

In the Indian grease market, this is a popular brand that offers a variety of uses. It provides a range of businesses in the transportation, manufacturing, and construction sectors, and all significant device makers have approved its goods (OEMs). GOLIL was a pioneer in the "long drain interval" technology and is credited with several firsts in the business. The grease price isn’t too high, making it affordable for everyone. The revolutionary Gulf Super Fleet LE Max made its introduction in 2006. The first motorbike motor oil in India having a 10,000-kilometre drain period, Gulf Pride 4T Plus, was introduced in 2007. India's premier 80,000-kilometre drain duration oil was introduced in 2012, it was modified in 2010 to give a drain period of more than 40,000 kilometres.

Valvoline Cummins Ltd

This company produces, distributes, and markets grease, greases, and other related goods. It is now one of India's fastest-growing grease companies and produces a variety of fluids for engines made by different OEMs, notably Tata Motors, such as radiator coolants, engine oils, and braking fluids. With more than 2,000 direct customers, 450 distributors, and 50,000 resellers, more than 400 people are employed internationally. According to Valvoline Cummins, its ability to develop depends on the effectiveness of its implementation, its capacity for innovation, and its commitment to consistently surpass sales expectations. Its goal is to leverage real-world knowledge to develop beneficial products that aid in the success of its clients and consumers.

Exxon Mobil Lubricants Private Limited

ExxonMobil is a multinational producer and distributor of types of grease, fuels, and specialty chemicals including asphalt, waxes, and lubricant base stocks. Since the founding of the brand in 1866, the company and its corporate forebears have been at the frontier of lubricant technical development for more than 150 years. ExxonMobil is aware of the importance of achieving sustainability in the current global scenario and the need to strike a balance between environmental preservation, social development, & economic growth to ensure that current activities do not negatively impact children's future. by creating goods, applications, and solutions for high-performance industrial greases. Beyond managing its operations in an ecologically responsible way, ExxonMobil Lubricants is committed to sustainability. You may help them in accomplishing the same by using their high-performance industrial greases.

GS Caltex India Private Limited

A fully owned subsidiary of the South Korean GS Caltex Corporation is the brand in India. On February 2, 2010, it was founded in India, with Mumbai serving as its registered office. To satisfy its customers' demands for shopping and auto repair, GS Caltex offers different types of grease. They provide benefits including service improvement programmes. GS Caltex operates gas stations in the Shandong Province of China. By using the customer planning and organizational know-how acquired in Korea, they offer Chinese clients services that are among the best in the business.

Elf India

Being the best, aggressive, astute, and prosperous grease brand has always been ELF's goal. By fusing technical acumen, research, and cutting-edge technology, ELF creates motor oils and lubricants fit for winners. The World Endurance, World Series by Renault, MotoGP, and World Superbike are just a few of the renowned races that ELF visits regularly. Several of the company's revised products include brakes, cooling systems, manual gearboxes, and grease. Total is the brand name of this business. The lubrication and motor oils are the specialities of this company. This business is specialised in producing greases for winners in racing and professional sports. This company participated in various competitions, including the championships. This company has long-standing relationships with Dacia, Nissan, Kawasaki, and Renault.

Conclusion

This article provided an overview of the leading grease producers in India, including information on their founding, offerings, and goals. Due to the nation's rising need for greases, the amount of grease firms is on the rise. The lubricants industry has grown since more labour is being done by machines. According to the needs of the sector or the person, these leading grease companies in India provide oils & lubrication of various sorts and classifications.

FAQs: Grease manufacturers

Q. What does the term grease or lubricant mean?

Ans. A grease or lubricant is a chemical that helps 2 or even more working elements of a machine move more smoothly.

Q. Why is grease used, exactly?

Ans. In industrial equipment, grease is used to minimise friction between moving components. They extend the machinery's shelf life by reducing wear and tear and extending its lifespan by extra years.