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Demand will reach 4.4 million tons.
Source: | Author:pmo55f6d8 | Published time: 2019-06-10 | 104 Views | Share:
Shanghai Minglan Chemical Co., Ltd.
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IHS Markit's latest research report shows that the global market demand for lubricant additives will reach 4.2 million tons in 2018, with a market value of about 15 billion US dollars, according to the June 9 issue of Chemistry Weekly. Although consumption growth has slowed down, it will continue to grow at an average annual rate of about 1.3% between 2018 and 2023, and the global market demand for lubricant additives will reach 4.4 million tons by 2023.


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