The lubricant additives market has traditionally been slow to embrace major changes and shift to new chemistry, as traditional chemistries have served the industry well for many decades, and OEMs tend to be more comfortable with tried-and true-components such as ZDDP antiwear additive. However, with the ever-increasing push toward greater fuel economy, OEMs are being driven toward new technology and metallurgy for their drivetrains along with continuing to lower the engine oil viscosity requirements. These shifts, along with the push for longer lubricant life, may be pushing traditional chemistries to their performance limit, where adding more simply isn’t good enough or may be chemically limited to protect exhaust after treatment devices.Continue reading
Kline’s Energy Practice is regularly asked about volumetric lubricant demand growth and where opportunities exist for a supplier of industrial and automotive lubricants in a particular country market. In the not-too-distant past, emerging and developing country markets were rapidly growing in terms of lubricants demand and, as such, it wasn’t hard for a supplier to ride the wave and build volume. Those opportunities seem to be fewer and far between, and lubricant suppliers must now take a more focused approach to identifying and monitoring trends at or just below the surface in order to be on the right side of the demand wave going forward. Continue reading
The dynamic lubricant additives market may appear stable with modest overall growth figures; however, these numbers mask the numerous changes impacting the additives industry. Regulations around emissions, fuel sulfur content, health and safety, and toxicity labeling are some of the main drivers of change in this industry.
The global drive toward lower emissions and better vehicle fuel economy in the commercial and consumer vehicle market is driving OEMs to squeeze every extra percent of fuel economy out of their drivetrains, shifting even the commercial truck industry toward lower viscosity grades while still requiring the lubricants to be more robust and provide longer fluid life. Continue reading
I was invited to present at the 10th China International Rubber Oil Summit 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
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
Attend our live presentation led by Hareesh Nalam, Senior Consultant at Kline’s Energy Practice, on Wednesday, June 12, 2019. 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
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
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
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.