Recently, Mobil released the base oil industry report for 2018. Mobil has conducted research on this issue through consulting companies, formulation engineers with hundreds of lubricant companies worldwide, deployment engineers, and corporate decision makers. This report was eventually formed.
The report focuses on the future trends of the global base oil industry, the reduction in the demand for one type of base oil, the impact of the rapidly changing automotive industry on the base oil industry, and the future trends of the three types of base oils.
The contents of the three types of base oils are now translated for your reference.
According to the investigation, 32% of respondents believe that the three types of base oil are the second most used base oils after the second type of base oil. 56% of respondents believe that the future use of the three types of base oil will continue. Increased. 36% of respondents believe that the use of three types of base oil will exceed Group II base oil in the next 10 years. 40% of respondents believe that the demand for Category 3 + base oil will increase in the next 10 years.
From the perspective of usage, the use of three types of base oil and three types of base oil has increased by 4%, while the use of conventional base oils will gradually decrease.
According to surveys, there are three main reasons for changes in base oil demand: fuel economy, high quality and environmental protection.
From the perspective of the main performance indicators of the base oil concerned by users, the viscosity index (VI), supply stability, and viscosity range are the most important indicators for users when selecting the base oil.
In the survey, it was found that nearly 80% of respondents were worried about increasingly stringent fuel economy and emission regulations. They think that the entire lubricant industry needs continuous improvement in these two areas.
Finally, the survey revealed that over 80% of respondents are confident to face the great challenge of electric vehicles.