The lubricants industry plays a vital role in ensuring the smooth operation and longevity of
machinery across diverse sectors, including automotive, industrial, and marine applications.
Lubricants such as engine oils, hydraulic fluids, and specialty greases are critical for reducing
friction, wear, and corrosion, which enhances equipment performance and improves overall
reliability.
In today’s dynamic market, the lubricants industry is shaped by several complex drivers. Increasing road transport demand, higher industrial output, the rising need for high-performance lubricants, stricter environmental regulations, the rise of electric vehicles (EVs), decreasing battery parity, and the declining B2C market for this segment are some of the most prominent factors influencing the evolution of the modern lubricants industry.
In today’s dynamic market, the lubricants industry is shaped by several complex drivers. Increasing road transport demand, higher industrial output, the rising need for high-performance lubricants, stricter environmental regulations, the rise of electric vehicles (EVs), decreasing battery parity, and the declining B2C market for this segment are some of the most prominent factors influencing the evolution of the modern lubricants industry.