According to a survey recently conducted by Klein Company, Sinochem's new report shows that, based on sales volume, the global market share of Shell Lubricants exceeded 13% in 2010, making it the world's No. 1 lubricant supplier for five consecutive years.
In 2010, the United States was the largest market for lubricants, accounting for 23% of global consumption. In terms of sales volume, Shell holds a strong 11% share in the US lubricants market and maintains its leading position. In the same year, sales growth in the Asia-Pacific region remained strongest, thanks to the shift in the focus of auto production activities. Shell's sales in China have also achieved substantial growth. According to Ge Sibo, head of Shell's global lubricants business, Shell's unique way of selling lubricants through distributors is highlighting its advantages. In 2010, the average sales volume of Shell lubricant distributors more than doubled in 2009.
Klein Company expects the global lubricant market will show a slow growth, but the “BRIC†and South Korea’s lubricant market will grow strongly, of which China will be the “growth engine†of the lubricant industry. It is estimated that from 2010 to 2020, China's demand for lubricants will increase at an average annual rate of 5%.
According to the person in charge of the commercial fuels and lubricants business of Shell Asia Pacific/Middle East, Shell will fully grasp these growth opportunities and maintain its leading position in the market. In China, in addition to the new and expanded lubricant production capacity of Shell, the Advanced Lubricant Technical Service Center established in Zhuhai was also recently launched. This technical service center will provide comprehensive technical services and lubrication solutions to customers in automotive and other important industries. Last month, Shell produced the first batch of base oil at the Pearl Gas Oil Production Plant in Qatar. After full production, Shell will become one of Shell's largest base oil production bases in the world and can provide high-quality third-class base oils. For the production of advanced synthetic lubricants. Shell's lubricant blending plant in Torzhok, Russia will also be opened, and this plant will be one of the largest plants in Shell's global network.
In 2010, the United States was the largest market for lubricants, accounting for 23% of global consumption. In terms of sales volume, Shell holds a strong 11% share in the US lubricants market and maintains its leading position. In the same year, sales growth in the Asia-Pacific region remained strongest, thanks to the shift in the focus of auto production activities. Shell's sales in China have also achieved substantial growth. According to Ge Sibo, head of Shell's global lubricants business, Shell's unique way of selling lubricants through distributors is highlighting its advantages. In 2010, the average sales volume of Shell lubricant distributors more than doubled in 2009.
Klein Company expects the global lubricant market will show a slow growth, but the “BRIC†and South Korea’s lubricant market will grow strongly, of which China will be the “growth engine†of the lubricant industry. It is estimated that from 2010 to 2020, China's demand for lubricants will increase at an average annual rate of 5%.
According to the person in charge of the commercial fuels and lubricants business of Shell Asia Pacific/Middle East, Shell will fully grasp these growth opportunities and maintain its leading position in the market. In China, in addition to the new and expanded lubricant production capacity of Shell, the Advanced Lubricant Technical Service Center established in Zhuhai was also recently launched. This technical service center will provide comprehensive technical services and lubrication solutions to customers in automotive and other important industries. Last month, Shell produced the first batch of base oil at the Pearl Gas Oil Production Plant in Qatar. After full production, Shell will become one of Shell's largest base oil production bases in the world and can provide high-quality third-class base oils. For the production of advanced synthetic lubricants. Shell's lubricant blending plant in Torzhok, Russia will also be opened, and this plant will be one of the largest plants in Shell's global network.
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