Conference paper
TRENDS AND PARADOXES IN THE LUBRICANT BUSINESS WITH SPECIAL FOCUS ON CENTRAL, EASTERN AND SOUTH EASTERN EUROPE
Robert Mandaković
; Motus CEE
Abstract
The trend of significant changes in the lubricants and base oils business in the world continues. Consumption trends and lubricant and base oils demand as part of the global economic patterns and present crisis in the economy are non-uniformly distributed in the world lubricants markets so as in Croatia and the wider region. Within the region there are also big differences, and different influences on the lubricants market and development trends regarding lubricants quality level which differ from market to market. Special influence impose the world trends in terms quality level requirements for motor oils and other fluids for automotive applications.
The primary purpose of this work is clearly an attempt to present the key-driver trends that affect the quality as well the development and consumption of final lubricants in transport and industry, so as base oils by groups. Presentation and some specificity, diversity, and even paradoxes and mutual influence of the aforementioned markets are presented with estimates of consumption in the world focusing on most of the markets of Central, Eastern and South Eastern Europe.
Finally, the essential patterns and assessment of problems emphasize that the market will further affect the development of lubricants market in the wider region.
Keywords
lubricants; industry restructuring and technology development viewpoint; product properties viewpoint; viewpoint of increasing quality requirements; market development and forecast; economic crisis; East, Southeast and Central Europe
Hrčak ID:
52631
URI
Publication date:
30.3.2010.
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