Automotive lubricant market continues to remain influenced by various factors, which range from growing vehicle PARC worldwide to increasing dependency on private transport. Additionally, rising number of aging vehicles have paved immense maintenance-related opportunities for players in the industry, thereby fuelling the automotive lubricant market. These insights have been gleaned from the report titled “ ... Read more

To offset the growing burden of air pollution, adoption of alternative fuel vehicles such as NEV taxi (New Energy Vehicle) has gained substantial momentum. Stringent government regulation to curb air pollution is a pertinent catalyst favoring growth.

Further, soaring fuel prices is also likely to encourage ... Read more