Oral Solids Continue to Dominate the Excipients Market

Oral Solids Continue to Dominate the Excipients Market, While the Parenteral Route Accelerates Growth

By definition, excipients are inactive substances that serve as a medium or vehicle for pharmaceutical active drug substances. Over the years, excipients have been increasingly developed to provide important functionalities to pharmaceutical formulations. The global pharmaceutical market is worth more than USD 1.1 trillion as of 2017 and expected to grow more than 4% annually over the next five years. The global market of specialty excipients in the overall pharmaceutical industry is estimated at about USD 6.8 billion in 2017.Continue reading

Specialty Excipients for Oral Solid-Dosage-Form

The Expansion of Healthcare Will Drive the Demand for OSDF Excipients

The expansion of affordable healthcare and robust growth in generics due to increasing patent expirations of branded drugs are boosting consumption of specialty oral solid-dosage-form (OSDF) excipients globally. According to Kline’s recently published Specialty Excipients for OSDFs Database, the markets in China, CIS, Europe, India, Japan, and the United States are estimated at USD 3.5 billion and expected to grow at a compound annual growth rate (CAGR) of close to 6% during 2016-2021. While the growth is foreseen at all the industry levels, the key factors driving the growth in mature and “pharmerging” markets vary widely. In this blog, we look deeper into the most important market issues and trends affecting the industry and how suppliers can use them in their favor.Continue reading

Free Webinar - Opportunities in Lubricants: North American Market Analysis - Commercial Automotive

Free Webinar – Opportunities in Lubricants: North American Market Analysis – Commercial Automotive

Join Sushmita Dutta, Project Lead from Kline’s Energy/Petroleum Practice Wednesday, July 15, 2015, at 9 AM EDT as she presents insights from the recently published Opportunities in Lubricants: North American Market Analysis Volume I Commercial Automotive report.

This webinar will cover key insights from the following:

  • A review of the North American market
  • An overview of the commercial automotive lubricants segment in the United States
  • A review of performance by different fleet segments
  • An overview of product performance
  • Market outlook Continue reading
Despite High Demand for Two-wheelers, Emerging Technologies May Impact Lubricant Consumption in the Future

Despite High Demand for Two-wheelers, Emerging Technologies May Impact Lubricant Consumption in the Future

The global two-wheeler market, which includes motorcycles, scooters, and mopeds, is expected to reach over 700 million units by 2021. This is a high-growth market segment, increasing at a rate of 8% per annum. Rising economic conditions, lack of public transportation, poor road infrastructure, high fuel efficiency/ mileage, lower emissions, and growth in the young population are the leading drivers for this significant uptick in demand. As a result of these trends, countries like Brazil, India, and Vietnam are at the forefront of driving demand for two-wheelers.  However, as electric two-wheelers gain prominence in Southeast Asian countries, lubricant demand growth may be subdued. Continue reading

Bio-Lubricants

While Regulations Place Bio-lubricants on the Growth Path, Product Performance at Competitive Pricing Will Drive the Market, Forecasts Kline

The increase of high-performing, cost competitive green base-oils, in the context of government regulations, supported by industry interest to develop innovative green formulations for various end users, is driving the bio-lubricants market growth. According to our recently published Opportunities in Bio-lubricants: Global Market Analysis study the outlook illustrates bio-lubricant growth will outpace that of finished lubricants. Bio-lubricants constitute a small percentage of the finished lubricants market globally. The United States is the largest consumer of bio-lubricants in the world, followed by Germany, Nordic countries, and Brazil close behind. China is the smallest, but also the fastest growing market researched in this study.

The reasons for the relatively limited uptake of bio-lubricants include lack of regulation and domestic labels, high-performing formulations that are up to par with conventional lubricants, high prices, and lack of suitable additives.

The most significant regulation passed to date is the Vessel General Permit, introduced by the U.S. Environmental Protection Agency. The VGP is expected to drive the demand for bio-lubricants, particularly in stern tube oils. Advancements in bio-lubricants industry are most prominent in environmentally-sensitive zones, led by federal procurement programs, tenders and self regulation by OEMs and trade associations, such as forestry and waterway associations.Continue reading

Lubricants Market and Other Specialty Markets

A Brief Overview of the Finished Lubricants Market and Other Specialty Markets

While the global demand for finished lubricants in 2013 is up marginally compared to 2012, the marine lubricants industry is showing signs of improvement and is currently undergoing major changes as it adapts to shifts in the shipping industry. Due to new emission regulations coming to fruition, further modifications will occur in the next five to 10 years, impacting the type of fuels that are consumed, engine technology, and emission control devices. As a result, the market is expected to continue its shift towards the use of multiple BN (alkaline) cylinder oils suitable for a specific application. Asia, with a 53% share of the marine lubricant demand, is the largest consuming region, followed by Europe (includes Western and Eastern Europe, Russia, and Turkey) with 22%, and North America with 17% of the demand. The overall market is not expected to grow substantially; however, the Asian demand share is expected to expand further due to the growth of economies in the region spurred alongside increases in their seaborne trade, and consequently leading to amplified lubricant consumption.Continue reading

Consumer Automotive Lubricants Market

October Online Education – Global Lubricants, Global Lubricant Basestocks, and Opportunities in Lubricants: China – Register and Learn

The fall season is busy at Kline’s Energy/Petroleum Practice as we are finalizing and publishing a multitude of reports including Global Lubricants: Market Analysis and Assessment, Global Lubricant Basestocks: Market Analysis and Opportunities, and Opportunities in Lubricants: China Market Analysis. We will be holding complimentary webinars about each of these reports in the month of October.
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Global Lubricant Basestocks: Market Analysis and Opportunities

Kline’s September Index of Base Stock Production and Re-refining Cash Margins Shows Gains for VGO Refiners and Lower Returns for Re-refiners

In January, Kline & Company, a worldwide consulting and research firm serving needs of organizations in the lubricants and base stocks industry, introduced its monthly Base Stock Margin Index, a characterization of recent cash margin contributions in the U.S. base oil market over the past 24 months.

The Index estimates cash margin contributions associated with U.S. Group II base stock production. It simulates EBITDA before the deduction of corporate SG&A expenses for typical VGO-based virgin base stock plants and RFO-based re-refineries. A more detailed description of the Margin Index can be found in the January release.Continue reading

Global Lubricant Basestocks: Market Analysis and Opportunities

Kline’s August Index of Base Stock Production and Re-refining Cash Margins Shows Temporarily Improved Returns for VGO Refiners and Re-refiners

In January,  Kline & Company, a worldwide consulting and research firm serving needs of organizations in the lubricants and base stocks industry, introduced its monthly  Base Stock Margin Index, a characterization of recent cash margin contributions in the U.S. base oil market over the past 24 months.

The Index estimates cash margin contributions associated with U.S. Group II base stock production. It simulates EBITDA before the deduction of corporate SG&A expenses for typical VGO-based virgin base stock plants and RFO-based re-refineries. Continue reading