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Demand For Car Lubricants Will Be Reduced To 286,000 Tonnes By 2021
Feb 27, 2018

The lubricating oil weekly news on February 22, 2018, the United States more than he (Freedonia Group), Group's latest report shows that 2021 years ago the British automobile lubricating oil demand is expected to decline in compound annual rate of 0.2%, to 2021 the British automobile lubricating oil demand will be reduced to 286000 tons.


Despite the overall automobile lubricating oil demand fell, but he more zegna group predicted 2021 years ago the British automotive synthetic lubricating oil demand will grow at an average annual rate of 2.2%, to 2021 the British automotive synthetic lubricating oil demand will reach 126000 tons.


The proportion of British medium and heavy vehicles in demand is lower than in other parts of Europe because, as an island country, Britain does not export goods by truck, as in continental Europe.


Synthetic lubricating oil prices becoming more affordable, stringent emission regulations, as well as original equipment manufacturers require the use of low viscosity lubricating oil suggestion, have been pushing the synthetic lubricating oil demand growth.

At the same time, high quality synthetic lubricants and improved engine technology have also led to a prolonged period of lubricants, resulting in reduced demand.