With the rapid growth of China's automobile, engineering machinery, electric power, steel and other industries, the level of science and technology is continuously increasing, and the demand for lubricating oil in China is continuously increasing, and the market share of the vehicle lubricating oil in 2018 accounts for 74% of the total amount of the lubricating oil through the comparative analysis of the data of the lubricating oil industry. in which the market share of the lubricating oil of the automobile accounts for 50% of the total market share of the automobile lubricating oil market, so that the market share of the lubricating oil of the automobile occupies a large part in the whole lubricating oil market
The Application of the Lubricating Oil Trade in the Automobile Market
The main lubricating oil industry that drives the oil market of the car is divided into the market, the main segment market of high-grade steam turbine oil. From the market scale, the market size of the lubricating oil market of the car accounts for 18.7% of the total market amount of the vehicle lubricating oil market, and the growth rate of the market scale of the lubricating oil market for the car in the last three years is maintained above 25% from the market growth potential. An average of about 40 per cent of the average annual vehicle oil market scale has been achieved by the growth in the size of the oil market for cars.
The application of lubricating oil Trade in the heavy freight car market the country
The state stimulates domestic demand and drives the lubricating oil industry of the Ministry of Lubricating Oil to divide the demand for heavy trucks. Key infrastructure projects, such as highway, railway construction and peopleundefineds livelihood projects, have brought new opportunities. However, whether these favorable stimuli can make up for the negative impact of the financial crisis on the logistics industry from the current form, the stagnation or even decline of market growth is bound to lead to more fierce competition for market share, and the fierce battle in the heavy truck market will be inevitable.
At present, China is the second largest oil-producing country, and it is also the second-largest consumer. In the face of such a market development prospect, and the preferential policies provided by the state, we have laid a good foundation for our development of the lubricating oil industry. The products produced by our company are mainly:
Gear Oil Additive Package 4T Motorcycle Oil Additive Package Railway Oil Additive Package Metal Working Fluid and Emulsion Metal Working Fluid Water-Soluble Semi-Synthetic Metal Working Fluid, etc.
If you have any needs in this area, please contact Wendy, a professional lubricant manufacturer, to provide you with quality professional services.
Email:wendy@cn-lubricantadditive.com
Web: www.cn-lubricantadditive.com
Tel: +86-371-58651986
Cell: +86-15903873562
