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Analysis of Russian Automotive Lubricating Oil Market

2019-09-23

A market research firm projects Russia`s motor oil demand to grow at a compound annual rate of 1.6 percent from 811,000 tons in the July 2017 to July 2018 period to almost 878,000 tons by the July 2022 to July 2023 period, boosted by increased demand for passenger cars and buses.

[We expect steady growth in motor oil demand in Russia by 2023, with healthy growth of the passenger car motor oils to up to 403 million liters," or 362,000 tons, compared to 2018, Tatyana Arbadji, head of Russian Automotive Market Research, told Lube Report. Russia`s heavy-duty motor oil demand is projected to reach 334,000 tons in the July 2022 to July 2023 period. [Motor oil for buses will experience 11 percent growth" over the five-year period, while light commercial vehicle motor oil demand is projected to reach 155,000 tons.

RAMR found that 341,000 tons of passenger car motor oil were sold in the country from July 2018 to July 2019, or up from 301,000 tons sold in the same period the year before.

Russian sales of heavy-duty motor oils reached 305,000 tons in the same period, while light commercial vehicles consumed 142,000 tons. RAMR found that buses consumed 24,000 tons of motor oil from July 2018 to July 2019.

The Russian vehicle fleet size has increased dramatically over the last 15 years and, this in turn translated to a healthy growth of the motor oil demand in the country, according to the consultancy.

In a recent Autostat survey of 3,000 Russian motorists, 46 percent of respondents said they use fully synthetic motor oils in their cars, while 45 percent reported using semi-synthetic motor oils. Only 3 percent said they use oils meeting obsolete Gost standard.

[We observe a slow replenishing of the old vehicle fleet with more new cars," Total Vostok Marketing Director Anastasia Makarkina said. [It means that products made with the latest technology and that have high quality are much more needed." She added that market trends are moving toward increased sales of synthetic and low-viscosity products, while the demand for mineral products is steadily decreasing.

With the continuous growth of vehicles, automotive oil keeps an upward trend every year. The lubricants we produce are high temperature resistant and corrosion resistant. The main products are as follows:

Additive Component:

Detergent: Calcium Sulfonate & Tbn Booster , Calcium Phenate , Calcium Salicylate ;

ZDDP & Corrosion Inhibitor ; Ashless Dispersant ; High Temperature Antioxidant;

Antiwear & Ep Additive ; Ocp Polymer & Viscosity Index Improver ; Anti-rust Additive & Rust Preventative; Pour Point Depressant ; etc.

Additive Package :

Gasoline Engine Oil Additive Package (PCMO);

Diesel Engine Oil Additive Package (HDEO);

Hydraulic Oil Additive Package;

Gear Oil Additive Package;

4T Motorcyce Oil Additive Package;

Marine Oil Additive Package;

Natrual Gas Engine Oil Additive Package;

Air Compressor Oil Additive Package;

Railway Oil Additive Package.

Should any of these items be of interest to you, please feel free to contact us, we will be happy to provide a competitive offer upon your further demand.


Looking forward to hearing from you and establishing cooperation.

Wendy

Email:wendy@cn-lubricantadditive.com

Web: www.cn-lubricantadditive.com

Tel: +86-371-58651986

Cell: +86-15903873562

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