The number of small and medium-sized lubricants companies will be further reduced

The share of sales in the domestic lubricants market accounted for 70% (including China National Petroleum Corporation 40%, Sinopec Group 30%), 14% and 16%. Future market competition outcomes are still difficult to predict accurately, but we can be sure that the basic trend will be: the number of small and medium-sized lubricants companies will be further reduced in various localities, and only a few are not limited to the small and medium-sized enterprises that are trapped in operating low-grade oil and can create specialty products. It may exist and develop.

In order to avoid the crisis that the existing mid-range oil will gradually shrink, it is bound to compete more fiercely with major foreign multinational companies in the high-grade oil sector. This requires the two large group companies to increase their investment in scientific research, strengthen product quality supervision, and improve business management at the same time, striving to create brand names. China's lubricant industry is bound to strive for a new leap forward on the basis of strengthening product quality and technical supervision and management.

Contemporary lubricants are characterized by their high specificity, variety, and strict quality. They are high-tech and fast-growing products with a high added value and fierce market competition; therefore, they are used in the development, production, and use of lubricants. In order to understand the new development of its process technology, it is necessary to promptly strengthen the supervision and management of product quality and technology. In the use of lubricants in product quality and technical supervision and management, the first should pay attention to the selection of the right variety, and pay attention to the selected grade and quality of trust the brand; should be alert to the variety of roads, grades are too low, the quality of the product will be unqualified Mechanical life, energy consumption, environmental protection, etc. can cause incalculable loss or damage. Based on the selection of varieties, grades and brands, comprehensive product quality and technical supervision and management should also include the maintenance in use, and properly grasp the oil change period.

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