• Follow us
Home > News > Content
How About Prospect of The Lube Additive Markets?
Mar 20, 2017

Due to the mechanical design with each passing day, a direct result of lubricating oil in rapidly escalating and, 

therefore, to improve the performance of expectations devolved upon the additive.

From the global market, motor oil sales accounted for 80% of the oil market, which is the automotive industry has become a oil industry development trend barometer of underlying cause. 

Therefore, the rapid growth of the global auto market arepopular additives company. 


Effect of additive suppliers of the automotive industry factors include the following:

Gasoline engine size smaller;

Increased use of turbochargers;

The prevalence of fuel-saving vehicle;

Increased use diesel engines in passenger cars;

Abandoned emission control strategies for change.


It is clear that oil industry will need to use additives to achieve better performance.

Therefore, the additive the company's position in the oil industry is increasingly high, 

a good business prospect. Four additive supplier market increasing scale, 

whilesmall additive suppliers havealso gradually foothold in the market. Inserting a sentence, 

Warren Buffett purchased Lubrizol in 2011 for $970 million dollars.


车间铁桶存货.jpg