Introduction to topic
Wind energy has grown rapidly since 2000, however, as the industry is expected to become more mature, governments are phasing out monetary incentives and emphasize on supporting legislation like renewable energy targets, grid priority, land allocations.
Global lubricant demand in the wind energy industry has grown in line with growth in the total installed wind energy capacity. Global wind energy installed capacity grew at a CAGR of 16.6% between 2008 and 2019. During the same period, global lubricant consumption grew at a CAGR of 13%.
Between 2008 and 2019, the share of initial fill has declined from 44% to around 30% of the total. Furthermore, OEMs are experiencing tough market conditions due to the phase-out of subsidies and the industry is facing other challenges.
Here is what you can learn from our webinar:
Overall demand, globally and by region
Product types, growth, market challenges, and opportunities
Government policies, market trends, and demand drivers influencing the market
OEMs' and wind farm operators’ requirements with respect to product performance
Forecasts under different scenarios through 2024
Key Client Decisions Supported
Independent consultants, consulting firms, and market research companies will not be permitted.
Register for webinar
About Kline Group
Kline is a respected provider of world-class consulting services and high-quality market intelligence that consistently lead to client successes in growing or improving their business.
We combine a distinctive package of consulting and research capabilities, global reach, and industry understanding that cannot be matched by our competitors. Our focus is on providing knowledge and solutions throughout the entire value chains of the industries we serve.