Strong Future
Today, synthetic motor oils
and lubricants have become mainstream. Modern vehicles and equipment demand the protection and performance that only a synthetic can deliver. Synthetic Lubricant sales are especially strong in Europe, where they account for approximately one third of lubricant sales and are used as factory-fill lubricants in one third of new vehicles sold there. Interest in the U.S. has also spiked in recent years.
The vehicles of the future will continue to have smaller engines, stricter emissions requirements, higher performance characteristics and better fuel economy. According to Pathmaster Marketing, Synthetic lubricants will show continued growth in the years ahead as the market continues to demand higher-performing lubricants. They’re not just talking about trucks and cars on the road, but also gearboxes, industrial hydraulics and other equipment.