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November 29, 2016

Volume 6 Issue 3

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Synthetics Forecast to Lead Asia-Pacific’s Lube Growth

Asia-Pacific's synthetic lubricants demand will expand at a compound annual rate of more than 6 percent to 2020, with Japan and South Korea leading the region in market penetration, according to consultancy Kline & Co. Semi-synthetics' CAGR is expected to be nearly 9 percent.