The growing automotive sector and industrial production have resulted in enhanced demand for lubricants in Bangladesh. In terms of volume, the transportation segment accounts for more than half of the total lubricants market.
In terms of application, the lubricants market has been segregated into automotive, industrial, and marine. Rapid industrialization has boosted the demand for lubricants in various end-use industries.
Expansion of industries such as industrial machinery, automotive, and energy in developing economies is fueling the demand for lubricants and their derivatives such as finished lubricants.
We provide a detailed appraisal of the finished automotive and industrial lubricants industry. Our portfolio identifies market opportunities and challenges for lubricant suppliers, distributors, lubricant additive suppliers, and base stock manufacturers.
Consumer automotive lubricants:
It contains passenger car engine oil, 4T, ATF, gear oil, and grease.
Commercial automotive lubricants:
It includes heavy-duty engine oil, hydraulic and transmission fluid, gear oil, and grease
Industrial oils and fluids:
It includes hydraulic fluid, gear oils, compressor oils, grease, and other general industrial oils.
Industrial engine oil:
It includes natural gas, railroad, marine, aviation piston aircraft, and all other.
Removal, forming, protecting, and treating fluids
white, electrical, rubber, and all others.