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The original equipment manufacturer (OEM) franchised workshop (FWS) channel accounted for nearly a quarter of global PCMO demand in 2020 and is projected to grow at a faster pace than the overall PCMO market. Asia-Pacific leads in volume, while Europe leads in channel market share. The growth in the OEM FWS channel compared to others―such as the independent workshop (IWS) and
The launch of the newly redesigned, on-highway Model 579, class 8 tractor by Peterbilt Motors Company inspired Kline to make some observations about the HDMO market, and we would like to share them in our new series, Kline Energy Reflections Under a Minute. In it, we’ll offer our reflections on the most current news and
The latest release of Kline’s LubesNet database, on January 27, 2021, marked a significant milestone in its history: 15 consecutive years of offering market data and insight into the global finished automotive and industrial lubricants industry. LubesNet presents, through a user–friendly and intuitive platform, global, regional, country market, market segment, product type, and viscosity grade lubricants demand data featuring a five–year historical view, 2020 base year view, and two forecast year views. This latest release
During 2020, virtually every industry and every aspect of how we live, work, and communicate was thrown into disarray due to the COVID-19 pandemic. The necessity to respond to the global crisis with tech-savvy, relevant, and timely solutions was a catalyst that sparked the rapid development and implementation of evolutionary trends on a scale we’ve
This year we have published nearly 50 lubricants country market reports! With the purchase of three and more markets we now offer a free VIDEO summary presentation for the region of your choice. The video includes the impact of Covid-19 on markets, products, and end-use industries.
Globally, China’s passenger car motor oil (PCMO) market ranks second in terms of volume, accounting for approximately 17% of demand. COVID-19 has slowed growth, with new vehicle sales declining by nearly 20% in the first half of 2020. This drop, along with reduced annual mileage due to lockdowns, has brought PCMO demand to under 1,000 kilotonnes in 2020, a slip of more than 15% from 2019. Contributing to this
The lubricants industry, while facing many challenges, is at the same time dramatically changing by embracing new technologies and digital innovation, as well as joining the fight against climate change. Without addressing current issues and environmental concerns, the industry risks the ability to attract talent. At the same time, younger generations often view the lubricants
After entering the U.S. market for synthetic passenger car motor oil (PCMO) in mid-December 2019 with its own branded full synthetic PCMO, Costco extended its product line into heavy duty motor oil (HDMO) with its Kirkland Signature conventional SAE 15W-40 HDMO in July 2020. Kirkland HDMO meets the current API Service Category of CK-4, which
Demand for fuel additives is dependent upon two factors: fuel demand and fuel additive treat rates. All other things being unchanged, fuel additive demand should grow along with the growth of fuel demand. COVID-19 is expected to drive a sharp decline in fuel demand in 2020, which will be reflected in the fuel additives market.
Germany is one of the world’s most technologically advanced producers of transportation equipment, steel, iron, cement, chemicals, machinery, and machine tools. It is also the fifth-largest metalworking fluids market globally. Over the past five years, German industrial output has risen considerably, driving demand for metalworking fluids to 130 kilotonnes in 2018. The transportation industry was
