Regulations, Innovative Formulations, and New Niches will Drive the Global Bio-lubricants Market

Bio-lubricants
Bio-lubricants

Plenty of space for growth resides within the finished lubricants market, particularly within niche markets, such as bio-lubricants. Currently comprised of roughly 1% of the total finished lubricant market and driven by governmental regulations, it is expected to grow at a CAGR of 5% over the next five years, according to the latest report Opportunities in Bio-lubricants: Global Market Analysis by global market research and management consulting firm Kline.

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Hidden Opportunities for All Players Behind Low Volumetric Demand for Finished Lubricants

Finding opportunities in the global finished lubricants industry is becoming increasingly challenging as volumetric demand growth in many of the leading countries has been flat as Kline’s Global Lubricants: Market Analysis and Assessment report shows. This market situation asks for an aggressive plan when all marketers must watch for the far-out signals. Savvy marketers can then decode these signals into an actionable plan to grow lubricants sales and market share for years to come.
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New Specifications are Driving Increased Activity within the Lubricant Additives Market

lubricant additives
Global Lubricant Additives: Market Analysis and Opportunities

Energy conservation, GHG regulations, and modernization of vehicle fleets and heavy equipment drive the lubricants market towards higher performance oils which in turn leads to an increase in additive consumption, particularly for dispersants, antioxidants, and viscosity modifiers, according to the recently published Global Lubricant Additives: Market Analysis and Opportunities report by global market research and management consulting firm Kline.

Lubricant additives are used to enhance the performance of base oil. They are used to improve wear, thickening, oxidative stability, cleanliness, and dispersancy of the fully-formulated fluid, among others. Additive consumption depends on several factors, such as specification upgrades and drain intervals. (more…)

Kline’s Index of Base Stock Production and Re-refining Cash Margins Indicates Market Turbulence Since 3rd Quarter 2016

Kline’s July 2017 edition of the Base Stock Production and Re-refining Cash Margins Index, which characterizes recent cash margin contributions in the U.S. base oil market, indicates market turbulence since 3rd Quarter 2016. View July’s 2017 chart demonstrating direct cash margins on conventional and re-refined Group II base stock production on the U.S. Gulf Coast.
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Stimulated by changing demand patterns, the global basestock industry is witnessing significant changes

Global Lubricant Basestocks
Global Lubricant Basestocks

According to the Global Lubricant Basestocks report, the basestock market registered a very small growth in 2016 over the previous year. While Group II and III basestocks registered good growth rates, Group I continued on a downward trajectory. The global basestock market is in the middle of witnessing substantial structural changes. These changes are stimulated by changing demand patterns due to evolving technological and environment requirements, as well as changes in the supply landscape. (more…)

Trends and Insights gathered from the CIS Base Oils and Lubricants Conference

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About the conference and impressions

The CIS Base Oils and Lubricants conference has gained significant traction since its start five years ago, becoming a highly recognized event within the CIS (Community of Independent States) region. The conference’s agenda is exclusively dedicated to the base oils and lubricants industries in Russia, Belarus, Ukraine, Kazakhstan, and other CIS countries; however, every year, the number of international guests increases, mainly from Western Europe, but also from the United States, India, China, etc. (more…)

Commercial Vehicles are Expected to Drive the Coolants Market in the United States

coolants
Opportunities in Coolants: Global Market Analysis

Written by Eric Pimenta and Pooja Sharma

In 2016, the total demand for undiluted antifreeze in the United States is estimated at nearly 620 kilotonnes. This represents an increase at a compound annual growth rate (CAGR) of 0.6% from the 2011 volume of about 600 kilotonnes.

The U.S. antifreeze market is essentially glycol-based, with mono-ethylene glycol (MEG) and propylene glycol currently being the two most popular base-fluids used for formulating antifreezes. With 84% of the total antifreeze market, MEG is the leading base-fluid type. (more…)

The Foreseeable Challenges of the Global Wax Industry

Wax, Petroleum Wax, Synthetic Wax, Natural Wax
Global Wax Industry: Market Analysis and Opportunities

Written by: Eric Pimenta and Pooja Sharma

The wax industry faces a future of changing wax supplies. While global wax demand is projected to grow at a compound annual growth rate (CAGR) of 1.5% until 2019, wax supply growth will be much slower at a CAGR of 0.4% during the forecast period. Despite a strong increase in the supply of synthetic and natural waxes, growth in the overall supply will not suffice to meet the rise in demand. (more…)

The Emerging Moroccan Consumer Automotive Segment Benefits from an Improved Economy and Modernized Vehicle Parc

Morocco finished lubricants, moroccan passenger car motor oil
Moroccan Consumer Automotive Segment

The total demand for consumer automotive lubricants in Morocco is an estimated 29 kilotonnes in 2015. The largest share of the demand comes from engine oils, including PCMO, PCDO, and 2T/4T, with a demand of over 70% of the total consumer lubricant volume. This is followed by gear oil with about 13% and grease and ATF with the remaining share.

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