After picking up at the start of this decade, the penetration of synthetic lubricants in Russia suffered a setback in 2014. Since then the popularity of those products has begun to recover, and industry insiders say it should grow going forward.
Demand for synthetics as a portion of total Russian lube demand, including process oils, peaked in 2013 at 27 percent, according to Kline & Co. consultancy. That was still significantly behind mature markets such as Western Europe, where synthetics constitute around 40 percent of demand. However, Russia fell further behind in 2014, when penetration of synthetics dipped to 21 percent. In 2015, the portion rose slightly to 22 percent.