rubber process oils, rpo market

Kline presented at the 10th China International Rubber Oil Submit in Ningbo, China

I was invited to present at the 10th China International Rubber Oil Submit in Ningbo, China about the “Trends and Opportunities on the Global Rubber Process Oil Market” (全球橡胶加工油市场趋势和机遇). The conference was organized by ENMORE on July 11-12, 2019.

The global rubber consumption is expected to slow down in the next five to 10 years due to slower tire demand. Since tires are the major consumer of rubber and rubber process oil (RPO), the demand for RPO is expected to grow slower during this period. Furthermore, there is an emerging trend to use less RPO to produce lighter tires. However, demand for other rubber goods, such as shoes, toys, tubes, hoses, and belts, among others, is expected to grow and drive growth in the RPO market, which is estimated at close to 3.3 million tons globally in 2018.Continue reading

Loyalty Programs and Genuine Oil – OEMs’ Search for Revenue Sources Beyond Vehicle Sales

Vehicle OEMs are increasingly looking for revenue sources beyond vehicle sales to help boost profitability and are mainly focusing on the fixed operations side of their dealerships. OEMs and their dealerships are investing in advertising and expanding service departments with dedicated quick lube installations to help drive customers back into dealerships for after-sales service of their vehicles.Continue reading

Upcoming Webinar: Global Natural Gas Engine Oils Market

Attend our live presentation led by Hareesh Nalam, Senior Consultant at Kline’s Energy Practice, on Wednesday, June 122019. This live webinar will focus on market opportunities and challenges for NGEOs globally and in key country-markets in non-transport applications.

Join this informative webinar on key findings from our recently published Natural Gas Engine Oils: Global Market Analysis and Opportunities report to learn about:Continue reading

Changing Basestock Supply Landscape and the Growing Significance of Merchant Marketers

The global lubricant basestock market has undergone a structural change over the past decade. The change, initially triggered by the need for high-performance basestocks, was further abetted by the enormous new basestock capacity created worldwide. Simultaneously, finished lubricant demand growth has been significantly outpaced by new capacity additions. Continue reading

Upcoming Webinar – Global Rubber Process Oils Market

Attend our live presentation led by Kunal Mahajan, Project Manager in Kline’s Energy/Petroleum Practice, on Thursday, May 22019 to gain an understanding of the rubber process oil industry in terms of the key markets, end-use industries, growth drivers, and opportunities.  This webinar based on our recently published report Global Rubber Process Oils: Market Analysis and Opportunities

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HDMO 2040 and OEM Genuine Oil Brands and Programs

Upcoming Webinar – Assessing Opportunities in the HDMO Industry

This webinar is based on Kline’s appraisal of the evolving HDMO market in context of the electrification of commercial fleets and independent assessment of the HDMO market in context of the diverging fluid specifications, published in 1st Quarter 2019​. It will help you gain a general understanding of the current trends and opportunities in the HDMO market and the perspective on OEM genuine oil products and programsContinue reading

rubber process oil

Bio Rubber Process Oil to Grow Three Times Faster than the Global RPO Demand

The global rubber consumption is expected to slow down in the next five to 10 years due to slower tire demand. Since tires are the major consumer of rubber and rubber process oil (RPO), the demand for RPO is expected to grow slower during this period. However, demand for other rubber goods, such as shoes, toys, tubes, hoses, and belts, among others, is expected to grow and drive growth in the RPO market, which is estimated at close to 3.3 million tons globally in 2018.

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Wind power

Wind Turbine Lubricants – an Important Segment of the Industry

Wind turbine lubricants play a critical role in wind turbine operation, maintenance, and reliability. In a wind turbine, there are several lubrication points, including gear box, open gear, pitch gear, pitch bearing, rotor shaft, yaw bearing, yaw gear, hydraulic systems, and generator bearings, that require various lubricants.

Factors Driving Growth

The most significant lubricant demand driver is growth in wind power capacity. Although the growth rate was lower in 2017 than in previous years, according to Global Wind Energy Council, it is still much faster than global industrial lubricant demand growth or lubricant demand growth in other end-use industries.Continue reading

latam lubricants market

A Modest but Steady Recovery Expected in the Latin American and Caribbean Finished Lubricants Market

The finished lubricants market in Latin America and the Caribbean was negatively affected by the adverse effects of external and internal turbulence, leading to a severe regional economic downturn from 2014 to 2016.

The region entered a new post-recession cycle in 2017 due to the reactivation of commodity production, a key driver of Latin America’s economy. Recovering debt levels, mineral prices, and election results in Brazil and Colombia are also factors; all have significantly contributed to sustaining growth momentum in 2018 and most likely through 2019.Continue reading

2018 Lubricants Industry and Most Crucial Trends

Innovation, differentiation, and flexibility are the key to succeeding in the constantly evolving baseoils and lubricants industry. The industry is likely to see fundamental changes in how industry participants do business as a result of changing technology, regulations, lubricant quality and specifications, supply chain, and consumer behavior. In 2018, Kline published many reports covering these new topics in addition to our well-recognized report titles to help clients keep tabs on the industry.

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