Briefly Noted


May brought a bumper crop of consulting reports: ResearchMoz predicts the global independent lubricant manufacturing market will be valued at $8.5 billion in 2019, in Independent Lubricant Manufacturers Market – Global Industry Analysis. The biolube market, estimated at 1.4 million pounds and valued at $2.1 billion in 2014, will grow 5.5 percent per year and reach $3 billion by 2020, according to Research and Markets, in Biolubricants – Global Market Overview. In Synthetic Lubricants Market Analysis, Grand View Research estimates the global synlube market will reach $3.72 billion by 2020, with volumes growing nearly 3 percent per year from 2014 to 2020.

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