Opportunities in Lubricants: China Market Analysis

The Consumer Automotive Segment is Expected to Drive the Chinese Finished Lubricants Market

Written By: Eric Pimenta and David Tsui

According to the recently published Opportunities in Lubricants: China Market Analysis report from global market research and management consulting firm Kline, total consumption of lubricants in China is estimated at 7,000 kilotonnes, valued at an estimated USD 26 billion in 2015.

In China, the total consumption of consumer automotive lubricants in 2015 is estimated at 1,400 kilotonnes, valued at approximately USD 11 billion and forecast to grow 3.7% by 2020, with new passenger car sales growing 9.2% during the first half of 2016. This includes factory-fill for all product categories and greases.Continue reading