This second edition covers the important features and details on all of the major lubricant types currently in use as well as important applications of these lubricants in major industrial areas. Chapters cover trends in the major industries, including the use of lubricant fluids, growth or decline of market areas and applications, potential new applications, production capacities, and regulatory issues, including biodegradability, toxicity, and food production equipment lubrication. The authors outline the state of the art in each major lubricant application area. This new edition highlights the major economic and corporate changes the industry has gone through since the first edition was published.