News International Sugar Journal

Market for biobased lubricants to grow by 6.6% [Registered]

A new market report states that biobased lubricant demand was 505.6 kilo tons in 2011 and is expected to reach 785.0 kilo tons in 2018, growing at a CAGR of 6.6% from 2013 to 2018. The report is published by Transparency Market Research titled “Synthetic and Bio-Based Lubricants – Global Industry Size, Market Share, Trends, Analysis and Forecast, 2012 – 2018”. Synthetic lubricants market has been segmented on the basis of various products including industrial, consumer automotive and commercial automotive lubricants. This segmentation has also been analyzed on a regional level, providing data for North America, Europe and Asia Pacific.…

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