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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
The global lubricants market is rapidly changing. Ranking third after the United States and China, India is one of the most important markets. Kline’s recently published Opportunities in Lubricants: India Market Analysis is a comprehensive analysis of the Indian lubricants market, focusing on key trends, developments, challenges, business opportunities, and major suppliers. With a GDP
The economic rollercoaster ride of the past three years has generated a debate on the nature of lubricant demand and its growth in context of economic growth. Does lubricant demand growth track GDP growth rate? Can we define a relation between GDP growth and lubricant growth? Has the lubricant market grown at all in the last 10 to 15 years?
While overall global demand for finished lubricants has declined more than 4,000 kilotonnes over the past two years, synthetics and synthetic blends have gained more market share during this time
Kline’s energy market expert Geeta Agashe will provide an overview of the lubricants market in India. India has been the third largest lubricant consuming market in the world in 2009. Along with China, it is expected to
