In 2011, the Chinese auto market entered the lowest point of growth in more than a decade, and quickly affected the lubricant industry. As of October 2011, China's lubricant production was 6.829 million tons, a year-on-year increase of 8.8%, which is far from the 13% growth rate in 2010. According to industry analysts, in the next few years, the lubricant industry accustomed to rapid growth will have to face fluctuations and adjustments. Among the many adjustments, the most striking one is undoubtedly the green transformation of the entire industry.

Reasonable lubrication becomes a trend

Over the past ten years, the production and sales of the lubricants industry in our country have been booming. At the same time, however, the domestic waste caused by irrational lubrication has been extremely alarming and there has been excessive consumption of lubricants. According to statistics, China accounts for about 10% of the world's GDP and consumes more than 15% of the world's lubricants. Liao Guoqin, general manager of China National Petroleum Corporation, pointed out sharply: "The lubrication philosophy and methods of the entire industry need to be adjusted."

Experts said that the key to achieving a green transformation is to change the consumer's lubrication concepts and methods and achieve reasonable lubrication. Since China has just officially entered the automobile society, many people are not paying enough attention to the lubrication and maintenance of automobiles. Blindly selecting lubricants has caused many unnecessary wastes and losses. For lubricating oil manufacturers, in the case of a slowdown in the growth of the total market volume, it is the best choice for the development of the company to increase the level of lubrication and achieve the “generation with quality quantity” growth.

Based on independent innovation is king

For domestic lubricant brands, independent innovation is king. In 2011, Kunlun Lubricants, a well-known local lubricants brand, pointed out that “several specialized fields need to form core technologies as soon as possible to ensure that research results are applied one generation, research generation, and reserve generation. Lubricant business has continued to develop, leading the overall oil level of related industries”. In addition, it also signed a strategic cooperation agreement with Shanghai Jiao Tong University to jointly build a joint research lab for gasoline engine oil and aimed at the research and development of lubricants for new energy vehicles (electric vehicles). Industry insiders pointed out that the well-established well-known local lubricants brands continue to strengthen their efforts in independent innovation, will greatly promote the technical advantages of national brands, and further strengthen the competitiveness of national brand products in the market.

Diversification of market demand is still evident

In recent years, China's lubricants market has become the "growth engine" of the world's lubricants industry. Its core power is the continuous emergence of high-end products. Since the profits of high-end products are several times or even more than ten times that of low-end products, almost all have The ability of lubricant manufacturers are playing "high-end card." However, the demand for diversification in the Chinese market is still very clear. Domestic brands, especially lube oil tycoons, still bear the diversified needs of the market, and are responsible for the heavy oil consumption of many mid- to low-end automobiles and industrial machinery. For the Chinese lubricant industry, Blindly chasing high must also pay attention to the actual diversified market demands and the affordability of consumers. It is still important to develop both high-end products and low-end products at the same time.

In the next few years, "reasonably lubricate green development" will become an urgent problem for the industry. Local brands such as Kunlun Lubricants continue to adjust their corporate development strategies and lead the entire industry and consumers to adjust their lubrication concepts and lubrication methods. The Chinese lubricants market is now facing a trend of “reasonable lubricity growth slowdown” in the lube oil market in developed countries.

Potassium Binoxalate

Potassium Binoxalate another name is Potassium Hydrogen Oxalate, PBO.
It is white crystals,soluble in water, slightly soluble in ethanol, produced by excess Oxalic Acid and potassium carbonate or potassium chloride and other potassium salts.The commonly crystal size include 0.1mm - 0.8 mm, 0.5 m -2.17 mm, 0.5 mm- 3 mm,2mm-4mm, 2 mm- 15 mm etc.

Uses:

Potassium Binoxalate mainly used for Marble & Granite polishing, environmental Coatings manufacture, metal polishing and rust cleaning, chemical reagent.

Hydrogen Oxalate,Potassium Binoxalate,Potassium Bioxalate,Potassium Hydrogen Oxalate

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