Rust Preventive Oil Market size was valued at USD 14.80 Bn in 2024 and the total Global Rust Preventive Oil market revenue is expected to grow at a CAGR of 4.1% from 2025 to 2032, reaching nearly USD 20.41 Bn by 2032.Global Rust Preventive Oil Market Overview
Rust preventive oil is a type of oil specifically designed to protect metal surfaces from corrosion and rust formation. A key driver of global rust preventive market growth is the rising global focus on asset protection, preventive maintenance, and cost reduction in heavy industries. Manufacturers and end-users are increasingly adopting rust preventive oils to minimize equipment downtime, avoid costly repairs, and extend component lifespan. Growth in sectors such as automotive, aerospace, marine, and general engineering, along with the expansion of export-oriented manufacturing in emerging economies, further fuels demand. North America dominates the market, due to mature automotive, defense, and industrial sectors. While Europe, particularly Germany, France, and Italy, represents a significant market, supported by advanced manufacturing capabilities, strict environmental regulations, and a well-established automotive and aerospace base. Major players, including WD-40 Company, Houghton International Inc., FUCHS Group, The Lubrizol Corporation, and Ashland Global Holdings Inc., compete on innovation, eco-friendly product development, pricing, and regional expansion. Report covers the Rust Preventive Oil Market dynamics and structure by analyzing key market segments and projecting Rust Preventive Oil Market size over the forecast period. It provides a clear representation of the competitive analysis of key players by type, price positioning, financial strength, product portfolio breadth, and growth strategies.To know about the Research Methodology:-Request Free Sample Report
Global Rust Preventive Oil Market Dynamics
Rising Adoption of Rust Preventive Oils in Automotive to boost the global rust preventive oil market growth
Increased use of rust preventative oils in sectors such as automotive, construction, food and beverages, and paints is a significant driving force in the market's growth. The rust preventive oil has several advantages, such as non-staining capabilities, compatibility with lubricating oils, ease of application by swab, spray, or brush, wide-coverage, and ease of removal by solvent, which are eventually driving the market growth. Rising use of rust preventive oils in factory machines, gardening tools, and bicycles to protect their parts from corrosion. Anti-rust oil is becoming increasingly popular in the market because it prevents the formation of rusts, as well as corrosion and machine wear and tear. The need for industrial oils is growing as they assist many industries in keeping their systems up to date at cost-effective pricing. Anti-Rust Oil Spray may also help users in removing all symptoms of corrosion and keeping their objects in good condition.Market Faces Restraint Related to Environmental Regulations, Handling Challenges, and Disposal Costs
Primary factors hampering the growth of the corrosion inhibitor market are stringent environmental regulations. The increased concern about the impact of chemicals on the environment and human health has resulted in stricter regulatory limits for corrosion inhibitor Rust, Preventive Oil manufacturers. This encourages producers to choose non-toxic alternatives. The ability of non-toxic corrosion Rust Preventive Oil formulations to work under harsh circumstances makes it difficult for producers to supply an alternative to standard formulations. Rust Preventive Oil is Messy to use, and the coatings can attract dirt and spills. Sometimes Oil also makes it difficult to grasp an object and can cause parts to slip or become unbalanced. It can also be filthy and difficult to work with. Furthermore, the Oils and solvents may require careful handling since they are dangerous and combustible. It might be costly to dispose of old or used oil.Growing Industrialization in Emerging Economies Creates Opportunities for Rust Preventive Oil Market Growth
Infrastructural development in nations such as China, India, Brazil, and South Korea is expected to boost industrial activity and contribute to the growth of their economies. In the next five years, infrastructure growth connected to energy demand, clean water need, fuel demand, transportation demand, and construction demand is likely to drive the corrosion inhibitors market. As a result, growing economies are increasing their usage of industrial water. This allows manufacturers to provide a comprehensive range of Rust Preventive Oil to various applications in order to protect them against corrosion.Global Rust Preventive Oil Market Segment Analysis:
By Type, a water-soluble RP segment is applied to the Finned Tube material of a heat exchanger used in a heat recovery steam generator of a cogeneration power plant or a boiler. According to rust preventative oil makers, water-based solutions are environmentally friendly. The current invention's rust preventative oil provides heat loss, rust prevention, and environmental friendliness. The water-soluble anti-corrosive oil has nearly no volatile organic solvents (VOCs). It is painted either alone or by combining and diluting with paint and diluent. By Application, the Paint segment is expected to grow at a rapid rate owing to the increase in construction activities. Rust preventive oils are commonly added to paints and used as a coating on the bridge to maintain their lifetime despite the weather conditions. To avoid corrosion, the metal used in construction is coated with rust preventive oil before it is shipped.
Global Rust Preventive Oil Market Regional Insights:
Demand From Automotive to Dominate North America in the Rust Preventive Oil Market Dominance is driven by strong demand from the automotive, aerospace, defense, and heavy machinery sectors. The region benefits from well-established industrial infrastructure, high maintenance standards, and stringent regulations that promote preventive care of equipment. The region expected significant demand from the automotive, aerospace, marine, defense, and heavy equipment industries, where rust protection is critical to ensure safety, durability, and performance of metal components. U.S. is the major contributor, driven by its large automotive manufacturing capacity, extensive defense sector, and well-established oil & gas industry.Competitive Landscape
Top key players in the Rust Preventive Oil Market, including WD-40 Company, Houghton International Inc., FUCHS Group, The Lubrizol Corporation, and Ashland Global Holdings Inc., are leading the market through advanced product formulations, commitment to quality, and strong global distribution networks. These companies are key international participants actively investing in eco-friendly technologies, bio-based formulations, and innovative packaging to enhance product performance, environmental compliance, and user convenience. WD-40 Company is renowned for its iconic brand and leadership in multi-use rust preventive oils, leveraging decades of expertise, extensive retail partnerships, and ongoing innovation in spray technology to meet diverse industrial and consumer needs. FUCHS Group and Houghton International play crucial roles in advancing sustainable solutions and customized rust preventive products for sectors such as automotive, aerospace, and heavy machinery, while also strengthening regional supply chains through localized production and strategic partnerships. With growing demand for cost-effective, high-performance, and environmentally compliant rust protection, these players are reshaping the competitive landscape through investments in green chemistry, supply chain resilience, digital marketing, and direct-to-industry channels to better serve both global and local markets.Global Rust Preventive Oil Market Trends
Advanced & Eco-Friendly Formulations Water-based and biodegradable oils continue to gain momentum, driven by environmental regulations and workplace safety concerns. Nano-additive technology is increasingly being integrated into oil formulas, improving adhesion and creating ultra-thin protective layers for enhanced corrosion resistance. Smart Application Technologies IoT and precision spray systems are now used in industrial maintenance for real-time monitoring and optimized oil application, reducing waste and improving operational efficiency. Rising Demand Across Industries A marked increase in adoption across sectors like automotive, manufacturing, construction, marine, and food & beverage, where rust prevention safeguards equipment, machinery, and components.Recent Developments
Date Company Development March 4, 2025 FUCHS Group Finalized the acquisition of Boss Lubricants to bolster its specialty lubricants division and expand its presence in South America February 26, 2025 FUCHS Group Inaugurated a major expansion of its Isando (Johannesburg) plant with a EUR 26 million investment, enhancing production capacity for automotive, mining, OEM, and industrial markets. April 10, 2025 Castrol Announced launch of a new biodegradable rust preventive oil line in Europe aimed at the marine and automotive components sectors, in response to stricter EU environmental standards. November 30, 2024 WD 40 Reported 14% sales growth for its WD 40 Specialist range, including corrosion inhibitors, driven by new distribution partnerships in China and Southeast Asia. Rust Preventive Oil Market Scope: Inquire before buying
Global Rust Preventive Oil Market Report Coverage Details Base Year: 2024 Forecast Period: 2025-2032 Historical Data: 2019 to 2024 Market Size in 2024: USD 5 Bn. Forecast Period 2025 to 2032 CAGR: 4.5% Market Size in 2032: USD 10 Bn. Segments Covered: by Type Dry Non-dry Water Soluble by Application Automotive Steel Paints Construction Others Global Rust Preventive Oil Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Global Rust Preventive Oil Market Key Players
North America 1. WD-40 Company (United States) 2. The Lubrizol Corporation (United States) 3. Valvoline Inc. (United States) 4. Chevron Corporation (United States) 5. ExxonMobil Corporation (United States) 6. Houghton International (United States) 7. Bel-Ray Company LLC (United States) Europe 8. FUCHS SE (Germany) 9. BP plc / Castrol (United Kingdom) 10. Shell plc (United Kingdom / Netherlands) 11. Quaker Houghton Europe (United Kingdom) 12. ROCOL (United Kingdom) 13. Klüber Lubrication (Germany) 14. TotalEnergies SE (France) Asia-Pacific 15. Idemitsu Kosan Co. Ltd. (Japan) 16. JXTG Nippon Oil & Energy (Japan) 17. China National Petroleum Corporation (China) 18. Sinopec Lubricant Company (China) 19. Indian Oil Corporation Limited (India) 20. Bharat Petroleum Corporation Limited (India) 21. Hindustan Petroleum Corporation Limited (India) 22. Petronas Lubricants International (Malaysia) 23. SK Lubricants (South Korea) 24. GS Caltex Corporation (South Korea) South America 25. YPF S.A. (Argentina) 26. Petrobras Lubricants (Brazil) 27. Repsol YPF (Brazil) Middle East & Africa 28. ENOC Lubricants (United Arab Emirates) 29. Sasol Limited (South Africa)FAQs:
1. Which region has the largest share in the Global Rust Preventive Oil Market? Ans: The North America region held the highest share in 2024 in the Global Rust Preventive Oil Market. 2. What are the key factors driving the growth of the Global Rust Preventive Oil Market? Ans: Rising Adoption of Rust Preventive Oils in Automotive to boost the global rust preventive oil market growth. 3. Who are the key competitors in the Global Rust Preventive Oil Market? Ans: WD-40 Company, Houghton International Inc., and FUCHS Group are the key competitors in the Global Rust Preventive Oil Market. 4. What are the opportunities for the Global Rust Preventive Oil Market? Ans: Growing Industrialization in Emerging Economies Creates Opportunities for Rust Preventive Oil Market Growth. 5. Which application segment dominates the Global Rust Preventive Oil Market? Ans: The paint segment dominated the Global Rust Preventive Oil Market.
1. Rust Preventive Oil Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Rust Preventive Oil Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Key Players Benchmarking 2.3.1. Company Name 2.3.2. Business Segment 2.3.3. Product Segment 2.3.4. End-user Segment 2.3.5. Revenue (2024) 2.4. Leading Rust Preventive Oil Market Companies, by Market Capitalization 2.5. Market Structure 2.5.1. Market Leaders 2.5.2. Market Followers 2.5.3. Emerging Players 2.6. Mergers and Acquisitions Details 2.7. KANO Model 3. Rust Preventive Oil Market: Dynamics 3.1. Rust Preventive Oil Market Trends by Region 3.1.1. North America Rust Preventive Oil Market Trends 3.1.2. Europe Rust Preventive Oil Market Trends 3.1.3. Asia Pacific Rust Preventive Oil Market Trends 3.1.4. Middle East & Africa Rust Preventive Oil Market rends 3.1.5. South America Rust Preventive Oil Market Marke Trends 3.2. Rust Preventive Oil Market Dynamics 3.2.1. Global Rust Preventive Oil Market Drivers 3.2.1.1. Expansion of automotive production 3.2.1.2. Need for cost-effective corrosion protection 3.2.2. Global Rust Preventive Oil Market Restraints 3.2.3. Global Rust Preventive Oil Market Opportunities 3.2.3.1. Eco-friendly and bio-based oils 3.2.3.2. Rising use in emerging markets 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Using Tree-Map Analysis 3.4.1. Industrial growth policies 3.4.2. Trade and raw material rules 3.5. Regulatory Landscape by Region 3.5.1. North America 3.5.2. Europe 3.5.3. Asia Pacific 3.5.4. Middle East & Africa 3.5.5. South America 4. Rust Preventive Oil Market: Global Market Size and Forecast by Segmentation (by Value USD Bn) (2024-2032) 4.1. Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 4.1.1. Dry 4.1.2. Non-dry 4.1.3. Water Soluble 4.2. Rust Preventive Oil Market Size and Forecast, By Application (2024-2032) 4.2.1. Automotive 4.2.2. Steel 4.2.3. Paints 4.2.4. Construction 4.2.5. Others 4.3. Rust Preventive Oil Market Size and Forecast, By Region (2024-2032) 4.3.1. North America 4.3.2. Europe 4.3.3. Asia Pacific 4.3.4. Middle East & Africa 4.3.5. South America 5. North America Rust Preventive Oil Market Size and Forecast by Segmentation (by Value USD Bn) (2024-2032) 5.1. North America Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 5.1.1. Dry 5.1.2. Non-dry 5.1.3. Water Soluble 5.2. North America Rust Preventive Oil Market Size and Forecast, By Application (2024-2032) 5.2.1. Automotive 5.2.2. Steel 5.2.3. Paints 5.2.4. Construction 5.2.5. Others 5.3. North America Rust Preventive Oil Market Size and Forecast, by Country (2024-2032) 5.3.1. United States 5.3.1.1. United States Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 5.3.1.1.1. Dry 5.3.1.1.2. Non-dry 5.3.1.1.3. Water Soluble 5.3.1.2. United States Rust Preventive Oil Market Size and Forecast, By Applications (2024-2032) 5.3.1.2.1. Automotive 5.3.1.2.2. Steel 5.3.1.2.3. Paints 5.3.1.2.4. Construction 5.3.1.2.5. Others 5.3.2. Canada 5.3.2.1. Canada Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 5.3.2.1.1. Dry 5.3.2.1.2. Non-dry 5.3.2.1.3. Water Soluble 5.3.2.2. Canada Rust Preventive Oil Market Size and Forecast, By Applications (2024-2032) 5.3.2.2.1. Automotive 5.3.2.2.2. Steel 5.3.2.2.3. Paints 5.3.2.2.4. Construction 5.3.2.2.5. Others 5.3.3. Mexico 5.3.3.1. Mexico Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 5.3.3.1.1. Dry 5.3.3.1.2. Non-dry 5.3.3.1.3. Water Soluble 5.3.3.2. Mexico Rust Preventive Oil Market Size and Forecast, By Applications (2024-2032) 5.3.3.2.1. Automotive 5.3.3.2.2. Steel 5.3.3.2.3. Paints 5.3.3.2.4. Construction 5.3.3.2.5. Others 6. Europe Rust Preventive Oil Market Size and Forecast by Segmentation (by Value USD Bn) (2024-2032) 6.1. Europe Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 6.2. Europe Rust Preventive Oil Market Size and Forecast, By Applications (2024-2032) 6.3. Europe Rust Preventive Oil Market Size and Forecast, by Country (2024-2032) 6.3.1. United Kingdom 6.3.1.1. United Kingdom Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 6.3.1.2. United Kingdom Rust Preventive Oil Market Size and Forecast, By Applications (2024-2032) 6.3.2. France 6.3.2.1. France Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 6.3.2.2. France Rust Preventive Oil Market Size and Forecast, By Applications (2024-2032) 6.3.3. Germany 6.3.3.1. Germany Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 6.3.3.2. Germany Rust Preventive Oil Market Size and Forecast, By Applications (2024-2032) 6.3.4. Italy 6.3.4.1. Italy Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 6.3.4.2. Italy Rust Preventive Oil Market Size and Forecast, By Applications (2024-2032) 6.3.5. Spain 6.3.5.1. Spain Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 6.3.5.2. Spain Rust Preventive Oil Market Size and Forecast, By Applications (2024-2032) 6.3.6. Sweden 6.3.6.1. Sweden Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 6.3.6.2. Sweden Rust Preventive Oil Market Size and Forecast, By Applications (2024-2032) 6.3.7. Austria 6.3.7.1. Austria Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 6.3.7.2. Austria Rust Preventive Oil Market Size and Forecast, By Applications (2024-2032) 6.3.8. Rest of Europe 6.3.8.1. Rest of Europe Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 6.3.8.2. Rest of Europe Rust Preventive Oil Market Size and Forecast, By Applications (2024-2032) 7. Asia Pacific Rust Preventive Oil Market Size and Forecast by Segmentation (by Value USD Bn) (2024-2032) 7.1. Asia Pacific Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 7.2. Asia Pacific Rust Preventive Oil Market Size and Forecast, By Application (2024-2032) 7.3. Asia Pacific Rust Preventive Oil Market Size and Forecast, by Country (2024-2032) 7.3.1. China 7.3.1.1. China Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 7.3.1.2. China Rust Preventive Oil Market Size and Forecast, By Application (2024-2032) 7.3.1.3. China Rust Preventive Oil Market Size and Forecast, By Application (2024-2032) 7.3.2. S Korea 7.3.2.1. S Korea Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 7.3.2.2. S Korea Rust Preventive Oil Market Size and Forecast, By Application (2024-2032) 7.3.3. Japan 7.3.3.1. Japan Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 7.3.3.2. Japan Rust Preventive Oil Market Size and Forecast, By Application (2024-2032) 7.3.4. India 7.3.4.1. India Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 7.3.4.2. India Rust Preventive Oil Market Size and Forecast, By Application (2024-2032) 7.3.5. Australia 7.3.5.1. Australia Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 7.3.5.2. Australia Rust Preventive Oil Market Size and Forecast, By Application (2024-2032) 7.3.6. Indonesia 7.3.6.1. Indonesia Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 7.3.6.2. Indonesia Rust Preventive Oil Market Size and Forecast, By Application (2024-2032) 7.3.7. Philippines 7.3.7.1. Philippines Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 7.3.7.2. Philippines Rust Preventive Oil Market Size and Forecast, By Application (2024-2032) 7.3.8. Malaysia 7.3.8.1. Malaysia Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 7.3.8.2. Malaysia Rust Preventive Oil Market Size and Forecast, By Application (2024-2032) 7.3.9. Vietnam 7.3.9.1. Vietnam Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 7.3.9.2. Vietnam Rust Preventive Oil Market Size and Forecast, By Application (2024-2032) 7.3.10. Thailand 7.3.10.1. Thailand Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 7.3.10.2. Thailand Rust Preventive Oil Market Size and Forecast, By Application (2024-2032) 7.3.11. ASEAN 7.3.11.1. ASEAN Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 7.3.11.2. ASEAN Rust Preventive Oil Market Size and Forecast, By Application (2024-2032) 7.3.12. Rest of Asia Pacific 7.3.12.1. Rest of Asia Pacific Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 7.3.12.2. Rest of Asia Pacific Rust Preventive Oil Market Size and Forecast, By Application (2024-2032) 8. Middle East and Africa Rust Preventive Oil Market Size and Forecast by Segmentation (by Value USD Bn) (2024-2032) 8.1. Middle East and Africa Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 8.2. Middle East and Africa Rust Preventive Oil Market Size and Forecast, By Applications Model (2024-2032) 8.3. Middle East and Africa Rust Preventive Oil Market Size and Forecast, by Country (2024-2032) 8.3.1. South Africa 8.3.1.1. South Africa Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 8.3.1.2. South Africa Rust Preventive Oil Market Size and Forecast, By Applications Model (2024-2032) 8.3.2. GCC 8.3.2.1. GCC Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 8.3.2.2. GCC Rust Preventive Oil Market Size and Forecast, By Applications Model (2024-2032) 8.3.3. Nigeria 8.3.3.1. Nigeria Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 8.3.3.2. Nigeria Rust Preventive Oil Market Size and Forecast, By Applications Model (2024-2032) 8.3.4. Rest of ME&A 8.3.4.1. Rest of ME&A Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 8.3.4.2. Rest of ME&A Rust Preventive Oil Market Size and Forecast, By Applications Model (2024-2032) 9. South America Rust Preventive Oil Market Size and Forecast by Segmentation (by Value USD Bn.) (2024-2032) 9.1. South America Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 9.2. South America Rust Preventive Oil Market Size and Forecast, By Applications (2024-2032) 9.3. South America Rust Preventive Oil Market Size and Forecast, by Country (2024-2032) 9.3.1. Brazil 9.3.1.1. Brazil Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 9.3.1.2. Brazil Rust Preventive Oil Market Size and Forecast, By Applications (2024-2032) 9.3.2. Argentina 9.3.2.1. Argentina Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 9.3.2.2. Argentina Rust Preventive Oil Market Size and Forecast, By Applications (2024-2032) 9.3.3. Rest Of South America 9.3.3.1. Rest Of South America Rust Preventive Oil Market Size and Forecast, By Type (2024-2032) 9.3.3.2. Rest Of South America Rust Preventive Oil Market Size and Forecast, By Applications (2024-2032) 10. Company Profile: Key Players (Detailed Profile for all Major Industry Players) 10.1 WD-40 Company (United States) 10.1.1 Company Overview 10.1.2 Business Portfolio 10.1.3 Financial Overview 10.1.4 SWOT Analysis 10.1.5 Strategic Analysis 10.1.6 Recent Development 10.2 The Lubrizol Corporation (United States) 10.3 Valvoline Inc. (United States) 10.4 Chevron Corporation (United States) 10.5 ExxonMobil Corporation (United States) 10.6 Houghton International (United States) 10.7 Bel-Ray Company LLC (United States) 10.8 FUCHS SE (Germany) 10.9 BP plc / Castrol (United Kingdom) 10.10 Shell plc (United Kingdom / Netherlands) 10.11 Quaker Houghton Europe (United Kingdom) 10.12 ROCOL (United Kingdom) 10.13 Klüber Lubrication (Germany) 10.14 TotalEnergies SE (France) 10.15 Idemitsu Kosan Co. Ltd. (Japan) 10.16 JXTG Nippon Oil & Energy (Japan) 10.17 China National Petroleum Corporation (China) 10.18 Sinopec Lubricant Company (China) 10.19 Indian Oil Corporation Limited (India) 10.20 Bharat Petroleum Corporation Limited (India) 10.21 Hindustan Petroleum Corporation Limited (India) 10.22 Petronas Lubricants International (Malaysia) 10.23 SK Lubricants (South Korea) 10.24 GS Caltex Corporation (South Korea) 10.25 YPF S.A. (Argentina) 10.26 Petrobras Lubricants (Brazil) 10.27 Repsol YPF (Brazil) 10.28 ENOC Lubricants (United Arab Emirates) 10.29 Sasol Limited (South Africa) 11. Key Findings & Analyst Recommendations 12. Global Rust Preventive Oil Markets: Research Methodology Created by Yashraj Ghosalkar TOC
