2018年12月18日 · Given the threat of disruptive change in the lubes market, companies need to plan competitive strategies quickly and carefully, with a focus on extending their offerings beyond the core products. Lubricants remain an attractive—but also challenging—business in …

In terms of value, the lubricants market is estimated to grow from USD 173.5 billion in 2024 to USD 178.1 billion by 2025, at a CAGR of 2.7% during the forecast period. Lubricants are solutions used to reduce friction between moving surfaces, minimizing wear and heat generation.

2024年1月2日 · While additives and lubricant businesses have certainly contributed to sustainability in many ways, industry stakeholders should expect new challenges and opportunities in the years ahead. For example, European legislation requires that the fleet-average CO 2 emissions of new vehicles (both light-duty …

Lubricants Market Size & Trends The global lubricants market size was estimated at USD 139.44 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2030.

Lubricants Market Analysis. The Lubricants Market size is estimated at 39.27 billion liters in 2025, and is expected to reach 43.74 billion liters by 2030, at a CAGR of 2.18% during the forecast period (2025-2030). In 2020, the lubricants market faced setbacks due to global supply chain disruptions caused by COVID-19.

• Make the lubricant talk in real-time by introducing online condition monitoring via sensors • Combine lubricants data with machine data (e.g. vibration or load) to generate a holistic view • Empower customers to take immediate actions to keep the lubricant and the machine healthy, preventing unplanned downtime

2024年10月4日 · This blog post will delve into the regional dynamics of the lubricants market, highlighting key trends, challenges, and opportunities in different parts of the world.

2018年12月7日 · Emerging markets are expected to grow at 3 percent per year, or three times the rate of developed countries, adding $8 billion in market value by 2035. China remains the biggest single growth market, but rising margins in China by switching to advanced formulations and synthetics are expected to lag about five years behind OECD countries, with ...

smart services: objectives • Make the lubricant talk in real-time by introducing online condition monitoring via sensors • Combine lubricants data with machine data (e.g. vibration or load) to generate a holistic view • Empower customers to take immediate actions to keep the lubricant and the machine healthy, preventing unplanned downtime ...

2024年12月2日 · These lubricants reduce wear and friction, ensuring smooth operations and extended equipment lifespans. However, industrial lubricants suppliers in this industry face unique challenges that can disrupt operations and affect business growth. Here’s a closer look at these hurdles and how they impact the industry. 1.