China's efficiency ambitions will drive future growth of lubricants market

摘要

China's push to improve efficiency as part of its efforts to clean up air and reduce greenhouse gas(GHG)emissions is set to drive upgrades in both the automotive and manufacturing industries.According to Kline's study,Opportunities in Lubricants:China Market Analysis,this will provide opportunities for leading lubricant marketers to introduce the advanced formulations the new technology requires.While China's attention is currently focused on stopping the Covid-19 pandemic and minimising its impact on its economy,curbing emissions has been a high priority.Emissions of some of the most harmful particulates have fallen dramatically in recent years,reports Kline.But limits are still well above World Health Organisation(WHO)standards and government action is ongoing,driving for cleaner energy,cleaner cars,and cleaner manufacturing processes.