Written by Sushmita Dutta Project lead-energy at Kline Reprinted with permission of The Society of Tribologists and Lubrication Engineers Renewable sources of energy, which include wind power, have developed rapidly since the United Nations Framework Convention on Climate Change was introduced in 1992 to address global warming and combat climate change. With support coming from governments in the…

A new report, Opportunities in Lubricants: North American Market Analysis (Industrial Oils and Fluids), by global market research and management consulting firm Kline, shows that overall U.S. consumption of industrial oils and fluids is an estimated 1,200 to 1,300 million gallon industry. Process oil is the leading product category, accounting for slightly less than half…

The split of lubricant consumption by region tracks the division of global installed capacity. China is the largest market for lubricants used in wind energy, accounting for 34% of total demand, followed closely by the United States with 21%. Germany and India account for an approximate share of 6% each. However, Germany’s demand is slightly…