According to expert analysis, the demand for lubricants in the Asia-Pacific region will reach 15.5 million tons in the next 10 years, while demand for China (excluding Hong Kong, Macau and Taiwan) will account for more than 40% of the total demand in the region. By 2020, the demand for lubricants in the Chinese market will double and it is expected to surpass that of the United States. Looking ahead, the Chinese lubricant industry has great potential for development.
lubricating oil
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