GLOBAL LUBRICANTS MARKET SEES STEADY GROWTH AMID ECONOMIC RECOVERY

As the global economy gradually recovers post-pandemic, the lubricant market is experiencing steady growth.
Industry analysts report that the demand for both lubricating oil and grease is on the rise, driven by increased manufacturingactivities and automobile production. The automotive sector, in paricular, is a significant contributor to this trend as vehicles requirehigh-quality lubricants for optimal performance
Companies are also focusing on R&D initiatives to enhance product quality and extend service life
Notably, emerging markets in Asia-Pacific and Latin America are witnessing rapid growth, further bolstering global lubricantconsumption. This positive outlook is encouraging investments and innovations within the industry, leading to a more competitivemarket landscape.
Guangzhou Defu Lubricant Co., Ltd. supplies high qualty multipurpose lithium grease, high temperature grease, lithiumcomplex qrease, moly qrease, engine oil and hydraulic oil, etc.