Interested in the lubricant industry in Europe?

Subscribe to Lube Report EMEA - a new e-newletter for the lubricants industry focused on Europe, the Middle East and Africa.

January 30, 2018

Volume 2 Issue 26

To continue reading this article you must be a subscriber to Lube Report EMEA.

Subscribe to Lube Report EMEA today!

Lube Report EMEA is the free weekly e-newsletter; featuring regional breaking news, base oil prices and shipping reports.

Login to Lube Report EMEA

Brightstock Demand to Dwindle

Global bright stock demand sat at 2.7 million tons in 2017, but is expected to decline by roughly 250,000 tons by 2027, Kline & Co. said in a webinar last week. Europe accounts for around 10 percent to 12 percent of global demand, and its consumption is expected to decrease at an average annual rate of 0.1 to 0.2 percent, while Africa and the Middle East account for 12 percent to 15 percent and should increase at an annual rate of roughly 0.5 percent.