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Nobody wants accidents or fires.
As the world continues to industrialize, however, with industries like aviation, manufacturing, and metal processing continuing to drive economic growth, the risk of industrial fires rises in tandem - but yet remains under the radar of most operators.
In fact, the potential risk of fire is always present - so many common industrial applications exist that may result in a hydraulic fluid coming in contact with a source of ignition or a very hot surface, thereby risking fire. These include die casting operations, continuous casting hydraulics in steel mills, presses that operate near ovens, just to name a few.
India is flourishing. Considered the world’s fastest growing economy, India’s ascent has in turn, led to a burgeoning demand for lubricants. The country is now the world’s third largest lubricant market – just behind China and the United States – and is expected to expand consistently at a CAGR of 4.64% over the next four years.
So what is contributing to the demand? Automobiles mostly.
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