Environmental Regulations Will Provide Abundant Opportunities for Development and Sales of Bio-Based Lubricants, Finds TMR
The global lubricants market is consolidated and led by a few key players. The top ten lubricant manufacturers in 2013 collectively represented a share of 65.78% in the global lubricants market. Leading companies such as Royal Dutch Shell, Chevron Corporation, Total S.A., ExxonMobil Corporation, and BP p.l.c. operate across the entire value chain of the lubricants market.
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