At the 15th China International Lubricant Products and Application Technology Exhibition, many participating experts believed that although the development of traditional vehicles is based on the improvement and control of mechanical components, the performance will continue to be updated and upgraded; electric vehicles are developing and mature. Later, the internal combustion engine and its lubricating oil will be completely abandoned, and the working environment and system of its lubricating oil will undergo more complex and specialized segmentation. Experts also predict that "lighter and higher viscosity oils, longer oil drain intervals and more complex lubricating oil systems" will be the future trends in the development of automotive lubricants.

 

The launch of new models promotes more refined types of lubricants

 

At the 2014 Guangzhou Auto Show, a number of car companies showcased their latest hybrid models, leading a trend of environmental protection and energy conservation. At present, gasoline-electric hybrid vehicles have not had much impact on domestic lubricants, mainly because the operation of the engine and the motor are relatively independent, and the oil consumption of gasoline-electric hybrid vehicles and traditional engine vehicles is basically the same. However, in the long run, it is bound to promote the development of specialization and refinement of lubricating oil products. Many brands will launch more lubricating oil products that are suitable for engine development and compatible with hybrid power. The overall impact is positive. "

 

With the continuous advancement of the market economy, it becomes the key for the lubricant industry to weigh, grasp, and utilize the existing environment and future direction. The development route of specialization and branding is the consensus of market participants. Although the development potential of the downstream industry of lubricants is still unquestionable, the current domestic lubricants market is still under-standardized and unreasonable in consumption, which are also problems that must be resolved in the future development of the lubricants market. "

 

With the development of the automobile industry and the continuous introduction of new models, traditional automotive lubricants are not enough to meet the demand. "Higher viscosity and lighter lubricants offer energy savings potential; synthetic oils offer excellent thermal, oxidative and shear stability, which can improve lubricant life." With synthetic lubricants As the variety increases, this type of oil is expected to be widely used in new-engine vehicles, extending the service life of the engine by reducing wear or improving lubricity.

 

The rise of domestic lubricant companies to protect the domestic market

 

In terms of consumption structure, lubricating oil is mainly divided into industrial lubricating oil and automotive lubricating oil. In recent years, although the consumption of industrial lubricants has fallen into a slump, my country's automobile industry has made rapid progress. According to statistics, in 2013, the domestic automobile production was 22.12 million, and the social ownership exceeded 137 million. The industry generally predicts that China's car ownership will surpass the United States to become the world's number one within 5 years. A study shows that for every 1 million increase in car sales, the demand for lubricating oil will increase by about 91,000 tons. The development of the automobile industry and the continuous growth of car ownership are one of the main reasons for the rapid growth of lubricating oil.

 

Statistics show that in 2013, the global demand for lubricants was 35.3 million tons, and the consumption in the Asia-Pacific region was about 14.8 million tons. In 2013, the apparent consumption of lubricating oil in my country was 8.661 million tons, and the industry generally believed that the actual consumption of lubricating oil exceeded 6 million tons. Calculated based on the consumption of 6 million tons of lubricating oil per year, my country's lubricating oil consumption in 2013 accounted for about 17.0% of the world's and 40.5% of the Asia-Pacific region. At present, China has become the second largest lubricant consumer in the world after the United States. According to relevant forecasts, the demand for lubricating oil in the Asia-Pacific region will account for more than 50% of the world's lubricating oil demand by 2020, and half of this demand will come from China, and in 2015, China is expected to replace the United States as the world's The largest lubricant market, the actual demand has reached a new high, reaching 7.5 million tons.

 

As the world's largest developing country, China's three major industries are still huge in total, which also puts forward multiple requirements for the lubricant industry. For example, with the rapid increase in the number of automobiles in China, the scale of the automobile aftermarket has also expanded, and the demand for automobile oil has gradually increased. How to launch products that meet the needs of users according to the characteristics of China's complex and diverse automobile market is an important criterion to test the strength of a lubricant company. With the increasing base of car ownership in my country, it is reasonable to see a certain slowdown in the growth rate of car ownership. For the lubricant market, the significance of rapid growth in consumption is not very huge, and the product supports Improvement and the development of industry standardization are more important.