Attend our live presentation led by George Morvey, Industry Manager of Kline’s Energy Practice, on Wednesday, December 11, 2019. This live webinar is based on Kline’s 17th annual assessment of the global lubricants industry, published in 3rd Quarter 2019. It will help you gain a general understanding of the current status of the global lubricants and synthetic lubricants industry.Continue reading
Tag Archives: Energy Trends
Live Webinar – Global Trends in Lubricant Additives
Lubricant quality continues to improve, driven by regulations for fuel economy and emissions control. China has released their China VI emission standard for 2021, and India plans to skip Stage V and jump directly to Bharat Stage VI emission standard by 2020. These factors create new business and growth opportunities and challenges for the lubricant additive industry. Join our live webinar on Wednesday September 25Continue reading
Spotlight on Lubricants: Jeepney or EV?
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
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 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
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 2, 2019 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
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
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
High Quality Grease Market in India Expected to Grow
India, the third largest grease consumer, is expected to witness slow but steady growth in its grease demand in the future, despite facing challenges, such as the growing use of greases filled-for-life and elongating service intervals. The expanding manufacturing sector in India offers opportunities to promote grease consumption; however, the growth potential varies with grease type as each type has distinct advantages and disadvantages.
As India continues to expand its manufacturing sector, many new factories and plants are being set up with the latest technology equipment from international original equipment manufacturers (OEMs). As a result, demand for high quality grease is expected to grow. Overall, the Indian grease market is expected to grow at a compound annual growth rate of 1.3% through 2023Continue reading
Online Sales and Heavy Trucks Set to Drive the HDMO Market in China through 2022
Demand for heavy duty motor oil (HDMO) in trucks in China is estimated to increase at a compound annual growth rate (CAGR) of 0.6% through 2022 based on the most likely scenario of the recently published Heavy-Duty Motor Oil: China Channel Dynamics and Opportunities for Trucks, Buses, and Construction Vehicles report. In particular, the heavy trucks population, estimated to have 5% to 7% annual growth through 2022, will drive the demand.
Where Can an Autonomous Vehicle Get an Oil Change These Days?
As the autonomous vehicle (AV) space continues to evolve and vehicle OEMs and mobility providers make announcements about million and billion dollar investments and initiatives, it is important to understand from a commercial perspective just where/how/why/when these vehicles will be serviced and the impact on suppliers of branded aftermarket engine oil and related lubricants.
Waymo, a business unit of Alphabet, announced on December 5, 2018 that it is launching a commercial self-driving, ride-hailing service in Phoenix, Arizona called Waymo One.