Gabriel Tarle, Senior Analyst in Kline’s Energy Practice will present insights concerning the global lubricant additives market at the upcoming CIS Base Oils and Lubricants Conference in Moscow, Russia.
The conference will take place from May 24 to May 26. Furthermore, if the global lubricant additives market is of interest to you, feel free to review our Global Lubricant Additives: Market Analysis and Opportunities report.
Did you know?
Global lubricant additive consumption exhibited moderate growth in 2015, estimated to have increased by 1.0% over 2014. This consumption is forecast to increase by 1.6% through 2019, with strong growth stemming from regions like Asia-Pacific, Africa, the Middle East, and South America. The growth rate for lubricant additives is higher than the growth rate for finished lubricants. Growth varies significantly across function class. For instance, the focus on long-lasting engine oils, engine cleanliness, and fuel economy drives an increase in the usage of dispersants, antioxidants, and friction modifiers. Greater use of multigrade engine oils drives the usage of viscosity index improvers. In contrast, due to issues of compatibility with emission control devices, the use of detergents and antiwear additives is dampened. Read more in our press release…