Shell Lubricants has been recognized as the global market leader for the 11th consecutive year, marking the start of two decades of undisputed industry leadership.
This accolade was confirmed in the recently published Kline & Company’s 15th Edition ‘Global Lubricants Industry: Market Analysis and Assessment: 2016-2026 report. The report covers the sector in 2016.
Shell held its global market leading position with an 11 per cent market share, in terms of volume– selling 4,400 kilotonnes of finished lubricants.
This is equivalent to almost 5 billion litres of finished product. These sales were split almost evenly between sales to the consumer automotive, industrial and commercial automotive sectors.
Global lubricants demand reached 39.6 million tonnes in 2016, in which India stood as the third highest market with a growth in demand by 1.1 per cent. Read More…
Latest posts by Auto Economic Times (see all)
- Mahindra Electric Delivers First Lot Of e-Verito Models To EESL – November 16, 2017
- Electrical Vehicles Will Reduce Demand For Oil Worldwide: Rystad – November 15, 2017
- Shell Hailed As Lubricant Global Market Leader For 11th Time In A Row – November 14, 2017