The FT waxes are purely synthetic polymers of carbon monoxide and hydrogen which can be best be described chemically as mineral waxes.
Author: NPCS Board of Consultants & Engineers
Publisher: NIIR PROJECT CONSULTANCY SERVICES
The petroleum waxes are semi refined or fully refined products obtained during the processing of crude oil. According to their structure they are divided into macrocrystalline waxes (paraffin waxes) and microcrystalline waxes (ceresine, petrolatum, others). Grease, thick, oily lubricant consisting of inedible lard, the rendered fat of waste animal parts, or a petroleum-derived or synthetic oil containing a thickening agent. Greases of mineral or synthetic origin consist of a thickening agent dispersed in a liquid lubricant such as petroleum oil or a synthetic fluid. Diesel fuel, also called diesel oil, combustible liquid used as fuel for diesel engines, ordinarily obtained from fractions of crude oil that are less volatile than the fractions used in gasoline. Lubricating oil, sometimes simply called lubricant/lube, is a class of oils used to reduce the friction, heat, and wear between mechanical components that are in contact with each other. Lubricating oil is used in motorized vehicles, where it is known specifically as motor oil and transmission fluid. The global wax market was valued at around USD 9 billion in 2017 and is expected to reach approximately USD 12 billion in 2024, growing at a CAGR of slightly above 3.5% between 2018 and 2024.The India lubricant market is expected to register a CAGR of 4.64%, during the forecast period, 2018-2023. The major factors driving the growth of the market are the increasing vehicular production along with the growing industrial sector. The global market for lubricants is expected to reach USD 70.32 billion by 2020. The global grease market is expected to grow at a CAGR of 2.13% during the forecast period, 2018 - 2023.Aviation fuel market size will grow by over USD 34 billion during 2018-2022 Some of the fundamentals of the book are composition of the petroleum waxes, solvent extraction, greases and solid lubricants, solid fuels, other significant tests or properties, gaseous fuels, properties of waxes, gasoline, diesel fuel oils, automotive, diesel and aviation fuels, special processes for motor-fuel blending components, crude distillation, lubricating oils, lubricating greases, nature of lubricating oils, photographs of machinery with suppliers contact details A total guide to manufacturing and entrepreneurial success in one of todayÕs most lucrative petroleum industry. This book is one-stop guide to one of the fastest growing sectors of the petroleum industry, where opportunities abound for manufacturers, retailers, and entrepreneurs. This is the only complete handbook on the commercial production of petroleum products. It serves up a feast of how-to information, from concept to purchasing equipment.