China's lubricants market grows by 8% to 10% in 2013
The reporter learned from the 14th China International Lubricants & Applied Technology Exhibition (Lubricants Expo 2013) that the size of the Chinese lubricants market is expected to reach 23 billion yuan in 2013, an increase of 8% to 10% over the previous year. In 3 years, the demand for lubricants in the Chinese market will maintain an annual growth rate of 8% to 10%. It is reported that Lubricants Exhibition is the most authoritative, large-scale and international professional brand exhibition in China's lubricant industry. The exhibition was held in Shanghai for the first time in 2000 and has been held in Shanghai, Beijing, and Guangzhou for 13 years. . The exhibition was co-sponsored by Sinopec Lubricant Company, China National Petroleum Lubricant Corporation and Shanghai International Trade Promotion Committee, and co-organized by Shanghai Lubricants Industry Association. It was held at the Poly World Trade Center Expo (Pazhou) from September 24th to 26th in Guangzhou. Hall 4 is held. According to the organizers, China is currently the second largest oil consumer in the world and is growing rapidly. Many international brands have entered the Chinese market because of China's huge market and broad prospects for development. Shell, Mobil, BP, Castrol and other foreign leading brands have established a dominant position in the Chinese lubricants market with their technology and brand advantages. However, Kunlun, Great Wall, and other national brands have also become brands that consumers are keen to choose. It is reported that under the circumstances of the economic downturn at home and abroad, the scale of the 2013 exhibition reached new heights, exceeding 10,000 square meters for the first time. The exhibition attracted more than 150 branded companies from 16 countries and regions including the United States, the United Kingdom, Germany, France, Russia, China, Hong Kong and Taiwan. Industry analysts said that the construction of major projects identified in China's “Twelfth Five-Year Plan†will continue to stimulate the rigid demand of industries such as construction machinery manufacturing, transportation, and logistics and transportation. The increase in domestic demand and basic construction investment will provide a huge consumer market for the lubricant industry. At the same time, the environment and potential of domestic automotive rigid demand are still in existence. In 2013, the Chinese auto market will maintain a long period of growth, which will also greatly stimulate the demand for the automotive lubricant market. It is estimated that China's lubricants market will reach 23 billion yuan this year. In addition, the 2013 China International Lubricants Industry Development Summit Forum will also be held during the exhibition, with the theme of “Transformation and Development, Practical Businessâ€, focusing on the latest technological hot spots and future application trends of the entire lubricants industry. Mould for Bucket Moulds,5 Liter Bucket Mould,Bucket Toy Mould Yougo Mould & Plastic Co., Ltd. , http://www.yougomould.com