This webinar is based on Kline’s just published report covering Lubricants Market and its prospective in China. It will help you gain a general understanding of the current and future of Chinese lubricants market.
The overview of Chinese lubricants market
Insights into end-use markets, sales channels, and fleet types
Basic information about different product categories
Overview of leading lubricant marketers
Evaluation of market opportunities and challenges
Regulations and outlook
David Tsui, Project Manager for the report will present insights and observations from Kline’s recently published Opportunities in Lubricants: China Market Analysis.
Lubricant demand hit rock bottom back in 2015, due to the economic slowdown and capacity reduction. Since then, recovery has been aided by the anti-overloading regulation and increasingly stringent emission regulation covering commercial vehicles, infrastructure development, implementation of the “One Belt One Road” policy, and a reduction in the purchase tax on small-sized passenger cars. However, volume growth continues to be challenged by such factors as the growth of electric vehicles, an unstable export market, and the increasing use of long drain interval lubricants. Besides declining growth, automotive lubricant markets are being transformed by the growth of e-commerce platforms.
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